GREY:LGLTF - Post by User
Post by
Hawkeye2012on Nov 22, 2013 3:13pm
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Don't hold your breath...
Don't hold your breath...on the Q3 results. LOY has been consistently late with these.
Earnings will be up because of KGIC but that is given. LOY needs to show an increase from its consolidation efforts which have been neglible since PGIC and WTC were purchased. It appears WTC will be have a name change(for what reason I am unsure--AGM annoucement please!!) but will otherwise operate with little change.
Acquiring without making an changes will show an increase in earnings..but with out intelligent consolidation LOY is heading down the wrong path it started on.
Patience? Easy to say in this market
The concept of LOY is excellent. Why cant they just follow through on that?