Comments on: "The Boardwalk Club — Secret Society #5"

By: offshore

offshore — Mon, 17 Aug 2009 15:37:02 +0000

Is it legal for me to have http://www.web-chamber.com – offshore companies explained here?, and bank accounts? How to start? Can I move my existing business offshore

Thanks

By: bg

bg — Tue, 09 Oct 2007 21:53:00 +0000

Have owned this stock for almost 2 years. Thru a 3 for 1 split. So far I’m up over 64%. Pretty happy overall with it. Very steady. Don’t know about CNA but LTR continues to perform so I’ll keep it for a bit.

By: trader9

trader9 — Sun, 07 Oct 2007 21:43:00 +0000

I know nothing about TLR, but recently, Morningstar was negative about it (see quote below):

Premium to Fair Value Estimate: 45%
From the Analyst Report: “An 89% interest in commercial insurer CNA Financial (CNA) accounts for about 53% of Loews’ equity, 57% of its revenue, and close to 100% of its moat deficiency. CNA’s asbestos liabilities are large and uncertain, which increases the risk that Loews’ cash will be used to keep CNA solvent. CNA frequently incurs underwriting losses, and its average return on equity is far below its cost of equity. CNA has been on the mend for more than a decade, and we don’t anticipate substantial improvement. What’s worse, Loews’ management has given no indication of plans to excise this cancer.”