Forecasts & Results

Meacock Syndicate 727 Updated 2022 & Initial 2023 Year of Account Forecasts

Posted 03/05/2024 – Quick takes

S.A. Meacock has announced an updated forecast for the 2022 year of account and an initial forecast for the 2023 year of account for its syndicate 727 as at 31st March 2024.

Syndicate 727

The 2022 forecast is unchanged at between +0.0% and +15.0% (midpoint +7.5%) of capacity.

An initial 2023 forecast range of between -5.0% and +15.0% of capacity has been set, midpoint +5% of capacity.

 

 

Alpha comment

It is perhaps surprising to see the 2022 year of account forecast unchanged at this stage but the Meacock management has always tended to be conservative in its forecasting. The modest initial midpoint forecast for 2023, within a wide range, is typical of this conservatism.

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