Direct Line Insurance Share Discussion Threads

[essentialinvestor] 13/3/2017 13:44

nick, luck with BP.

If you are right and we see near 3.28 on the XD, that would be a very nice
longer term price imv.

[nicksoj] 13/3/2017 09:25

Just hope a50 doesn't get in the way. DLG should be a 420+ stock but for massive sterling decline. At mo. Long in BP. since ex div. Takeover rumours have not been squashed. No news is good news. Right!?

[essentialinvestor] 13/3/2017 09:16

nick, your 3.50 levels looks within reach,
if markets can hold around these levels.

[kcsham] 10/3/2017 14:41

This share is getting more interesting! I shall follow its development more closely.

[essentialinvestor] 10/3/2017 14:30

We don't need that for DLG to flourish, who does this benefit?,
it benefits the very strongest with more shopping around,
which will migrate some business DLG's way.

Yes there is one special skipped, medium term it's DLG supportive imv.

On the call it was darkly humorous as you can see analysts getting caught up
in the minutiae.

The focus should be on how this will affect customer behaviour going forward.

It's not rocket science.

[dmf] 10/3/2017 13:51

Common sense will prevail on Ogden, says Aviva CEO

hxxps://www.insuranceerm.com/news-comment/common-sense-will-prevail-on-ogden-says-aviva-ceo.html

[essentialinvestor] 10/3/2017 12:23

nick, appreciate the reply, thanks.

[nicksoj] 10/3/2017 12:13

You could say it was a cynical comment on the ex div intraday movement. But a reasoned one.Dyor. Past performance has proven to me this is a stock that shakes out thoroughly.Doubt there'll be a 2 handle. Unless trump is impeached. Or. Brexit suddenly crashes sterling. The latter would be more likely imo.

[essentialinvestor] 10/3/2017 11:59

nick, do you really see a re-test of 3.28 XD?,
not if markets are heading up again imv.
Particularly looking at the current ADM share price

Thought we were in for a few days of wider market weakness,
but up we go again atm.

Seem to remember you saying it may start with a 2 handle previously,
apologies if that was not you.

[njb67] 10/3/2017 11:55

bd
will consider at year end whether to pay a special dividend rather than will consider a mid year payout.

[essentialinvestor] 10/3/2017 11:54

Well listened to the cc, that's 1 hr i will never get back!,
and they were crystal clear, reviewed next year.

If there was something extraordinary such as another discount rate change in
then opposite direction. Look forward to a 2018 special hopefully.

[badtime] 10/3/2017 11:48

That statement doesn't rule it out.....'consider'

[speedsgh] 10/3/2017 11:41

GC - Barring exceptional circumstances, there will not be any special dividend alongside the interims as per guidance by the company both in the last interims & the final results released earlier this week...

"In future, the Board has decided that, in the normal course of events, it will consider whether or not it is appropriate to pay a special dividend only once a year, alongside the full year results."

[nicksoj] 10/3/2017 11:23

Sweet DLGI'd expect a challenge on 328 ex div. Might take quick profit at 350ishBloody brexit still hangs over sterling like a disgusting hanging thing.

[essentialinvestor] 10/3/2017 11:10

Lovely atm.

[essentialinvestor] 10/3/2017 10:40

Even allowing for the difference in solvency ratios and lack of special
dividend, the market cap valuation gap with ADM looks on the mean side.

Appreciate DLG are also in home/travel etc and UK based, so not comparing
like with like.

Perhaps those who understand the technicalities more than I do will
have a different take on that.

[garycook] 10/3/2017 08:32

See esure good results today !

[essentialinvestor] 10/3/2017 08:08

Added a small amount at 3.4018.

[garycook] 10/3/2017 07:20

Well there will not be one next week,but maybe one in Aug/Sep.We can live and hope.A Special is paid when profits exceed the norm.

[essentialinvestor] 10/3/2017 07:11

Gary, specials to be considered once annually at the FY, so 12 months away,
at least.

In the conference call the CFO mentions it's called a special for a reason,
do not necessarily expect an extra payout each year.

[garycook] 10/3/2017 00:40

Nice upgrade for ADM from JP Morgan,sending share price up 4%.DLG should get an upgrade has well soon.Cheap at these levels,and a possible Special in Aug/Sep time,and could be around a 7.5% yield. dyor

[badtime] 09/3/2017 19:34

Also, you and I tend to stick to fairly liquid stocks, that pay a decent divi..which helps to either exit or soothe the pain of holding

[badtime] 09/3/2017 19:32

But then there's no time limit on how long it could go on..make hay while the sun shines without being over committed

[essentialinvestor] 09/3/2017 18:33

None of us possess the gift of presience unfortunately.

Adding some when folk look overly focused on a discount rate
change, which may well benefit DLG over the medium term looks reasonable
risk/reward. However it is always a case of DYOR.

CPI looked horrendous for me last week with the pervasive doom,
2% ahead on that at the close.

My main concern atm is wider equity market falls, following exceptionally
low volatility.

[cousin jack] 09/3/2017 18:23

Very astute comment Badtime !