Colin Morton
Colin Morton
Colin Mortonis a Canadian poet...
anywhere finding life margins near older products sell
The life insurers are finding that some of the new products they sell are not making anywhere near the margins their older products used to make.
companies growth guaranteed people save touch
These companies should, touch wood, have a guaranteed growth pool, because people will have to save more for their retirement.
banks growth investment model northern organic rock smaller surprise uk
It wouldn't be a surprise if one of the smaller UK banks got bought, but Northern Rock have always had a disciplined organic growth investment model of their own, so it would be something new for them.
growth help hopefully issue margin margins offset pressure
Margins are much more of an issue than they were, but hopefully if they can get the growth, it should help offset any margin pressure they see.
react stock surprised
I would be surprised if the stock does not react pretty strongly.
dismiss loath pay price surprised willing
I would be surprised if someone was willing to pay at this price for the stock. I am pretty cynical, but I am loath to dismiss it completely.
confidence
We like these stocks. You can have more confidence in the profits.
price unclear whether willing
It's unclear whether they could find something in the U.S. at a price they'd be willing to pay.
bit difficult face looks premium skinny talking
It's difficult to see them getting it at that price; it would take a lot of talking to the institutions, because on the face of it the premium looks a bit skinny for Prudential shareholders.
again buying few figures good insurance life looks people performing products quite relatively sales savings sector seems seen tough uk
We've seen quite good sales figures from all the UK life insurance stocks. It looks like people are buying savings products once more and the sector seems to be performing relatively well again now after a tough few years.
ahead both figures good people touch uk
They're good numbers, with both the UK and international figures a touch ahead of what people were expecting.
activity deal driving seems
There just seems to be a new deal every day. M&A activity is driving the market.
bit good job
They are doing a very good job of controlling costs, which is what you want when things are a bit tougher.
companies fist good looking nervous uk
As a shareholder you get nervous when companies say they are looking at the U.S., because historically, UK firms haven't made a good fist of it over there.