I discovered Orchard through FinTwit a while ago and thought - oh wow what a great company, trading at 0.4 P/B, okayish ROE of 10%, a huge well-covered dividend, owner with skin in the game. And then the Trading Updates kept coming! Glad really I stayed with my boringly safe UK insurance dinosaurs, namely LGEN and PHNX.
Re your comment on 'materially cheaper' small caps, implied as good as Mac: could you be more explicit? Cheeky I know.
Thanks for the update and you are 100% correct on those that were pumping #AVCT.
I discovered Orchard through FinTwit a while ago and thought - oh wow what a great company, trading at 0.4 P/B, okayish ROE of 10%, a huge well-covered dividend, owner with skin in the game. And then the Trading Updates kept coming! Glad really I stayed with my boringly safe UK insurance dinosaurs, namely LGEN and PHNX.