BCRH - High Probability Of 30%-40% Upside On Liquidation For Blue Capital Reinsurance Holdings

Blue Capital Reinsurance Holdings Inc. (BCRH) was hit in 2017 by a string of major natural disasters and this swung them from good profits to big losses. The losses took several quarters to come to fruition as BCRH examined and paid out claims. The slow and steady decline in book value alongside evaporation of earnings, took a toll on investor sentiment.

Data by YCharts

BCRH traded down almost 75% at one point from its peak value.

Alongside that though, investors began to steadily lose sight of the fact that the company was trading

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