||ORD 10 10/11P
||EPS - Basic
||Market Cap (m)
Direct Line Share Discussion Threads
Showing 1526 to 1549 of 1550 messages
|Direct Line faces headwinds, says Barclays - HTTP://citywire.co.uk/money/the-expert-view-royal-mail-mitie-and-direct-line/a972479?ref=citywire-money-picture-galleries-list#i=4
UK motor insurers have been the best performing insurance stocks in the past year but Direct Line (DLG) had its time in the sun, says Barclays.
Analyst Alan Devlin retained his ‘equal weight’ but reduced his share price target from 366p to 357p. The shares fell 8.8p to close 2.48% lower at 346.5p.
Devlin said Hastings and Admiral had ‘led the pack, increasing 26% and 19% respectively’ over the past year and pricing continues to increase 10% year-on-year.
‘Indeed, we are now lapping price increases on top of price increases and full year results should benefit from both a strong top-line and price increases of the last four quarters earnings through the P&L. Claims inflation itself is picking up, which could fuel further pricing momentum into 2017,’ he said.
However, the positive momentum won’t be felt in all insurance stocks.
‘We believe Direct Line is fairly valued, faces headwinds from the loss of the Nationwide and Sainsbury’s contracts, and faces more pressure in home insurance versus peers,’ he said.|
|I am in for 353.24p|
|Good figures for Q3, no worries there.
Looking for a quick rally back to 385/400 area.|
|Peel Hunt: Direct Line on the road to growth - HTTP://citywire.co.uk/money/the-expert-view-marks-and-spencer-associated-british-foods-and-imperial-brands/a966838?ref=citywire-money-picture-galleries-list#i=5
Direct Line Insurance Group (DLG) may operate in a hardening market but Peel Hunt analysts still see chance for growth after its third quarter (Q3) trading statement.
Analyst Andreas van Embden retained his ‘hold’ recommendation and target price of 370p on the stock, which yesterday gained 3.3p or 0.9% to close at 353p.
‘Direct Line’s Q3 interim management statement confirms ongoing positive momentum in the UK motor market with rates up 10% year-on-year and claims inflation stabilising albeit above long-term average levels,’ he said.
‘Encouragingly underlying motor margins continue to expand and will be earned into 2017…It is seeking opportunities to grow profitability in a hardening market despite the size of its motoring book. This should help absorb the trend of declining reserve releases.’|
|Good Q3 trading update this morning, the business is quietly on track to deliver full year forecasts.|
|THE RULE OF LAW WILL PREVAIL...!|
|3 cheers for the judges for democracy, and for reason|
|GET IN. TIME TO FILL ME BOOTS!|
|Ok. Eyes on 10am. Can the Lords stop this Brexit madness?|
|Continued to add on the recent weakness, looks attractive IMV.|
|Agreed Essential. UK pmi data should support and sterling to continue to climb imv.|
|Added again, looks cheap longer term with the prospect
of further Special dividends coupled with a growing ordinary payout IMV.
The market appears to consistently underestimate DLG,
one of the reasons the share price usually pops on updates.|
|These were going cheap on that XD drop
and nearly a gap fill from the results day rise.|
|Added, looks an interesting longer return price unless
markets tank here, all IMV only, DYOR as always.|
|Added a few.|
|Nick,See you put your ADM proceeds,into DLG.Good decision.Good company.What price did you get in at ? Looking to buy on a dip.Should have purchased around 337,but as you know was holding ADM.Will take the upcoming Dividend from ADM,and then sell,and put the proceeds into DLG,when the price is right.|
|Another fat special dividend to look forward to next spring? Well worth staying for the ride for that prospect. Surplus cash generated has been returned to shareholders promptly.|
|Yes a quality company. Happy to keep holding.|
|If RSA was considered at 550p a share. This beauty must have something well north of that locked away.What a proven cash machine for the right bidder.Imo. It's only a matter of time with sterling performing so poorly.450p in the coming weeks?|
|A sweet day.....:)What now from Mr Carney?|
|Another tasty special dividend of 10p announced today, very nice too.
It's certainly been a cracking income stock, since the IPO.|
|Cool day...am I the only one on here heavily invested here, and I bought for the divi and good PE ratio for a brand that doesnt waste 30% of it selling price to a price comparison site!
Ppeople generally dont change their insurers that often, insurance is based on the premise that 25% is GP, if you dont use a broker and buy direct, as it says on the tin, whats not to like about this company?|
|Read AlphaValue's note on DIALOG SEMICONDUCTOR PLC (DLG), out this morning, by visiting hxxps://www.research-tree.com/company/GB0059822006
"Dialog reported its Q1 results, with sales coming in at $242m, corresponding to a decrease of 39.2% sequentially and 22.2% yoy. The main contributor was as usual the Mobile Systems business line ($188m, -43.7% sequentially, -26.4% yoy), while Connectivity witnessed a stop and displayed a 31.3% sequential increase and 23.7% yoy at €21m. The gross margin reached 44.5%, down 150bp yoy. Operating profit reached $151m, thanks to the €137m termination fee related to the failed Atmel merger. Without it, the operating margin would have fallen to 7.2%. Due to the soft market conditions, the company slashed its guidance for the FY ..."|