Admiral Share Discussion Threads

[undervaluedassets] 09/12/2024 11:00

If we discount the period of the pandemic (when no one was driving and profits were abnormal), the next results will be the best ever.

[weemonkey] 05/12/2024 10:32

suddenly every car driver I know is insured with Admiral.

Also they are offering big discounts if you bundle your house insurance with them. I fell for it.

clever.

[pander45] 02/12/2024 21:59

I just can't figure out any reason why this fell over a fiver. No reason I can see at all. Not one.

[undervaluedassets] 02/12/2024 13:59

Up because, based on last interims, the recent share price decline has been unfathomable.

[bountyhunter] 28/11/2024 13:02

Up on news of a potential bid for Direct Line from Aviva?

[louis brandeis] 21/11/2024 11:48

Good for you. What a clever boy.

Where would you suggest?

[roguetraderuk] 21/11/2024 11:17

louis your freedoms allow you to move somewhere else. i did years ago well before brexit as i saw all this coming!

[roguetraderuk] 21/11/2024 09:33

its not soley down to brexit, but a badly carried out brexit added fuel to an already burning out of control fire. lets be honest. ironically brexit could have been used for a reset but they didnt do it out of fear of getting voted out, which happened anyway. while this present shower seems to be intent on accelerating the decline if todays borrowing figures are anything to go by.

[wish i wasnt in rbs] 20/11/2024 15:57

Thank the Brexiteers for destroying the UK as an investable market. Majority of wealth is based in the USA and they don't see the UK as good choice right now.

[pander45] 20/11/2024 12:26

I agree the market is very disjointed, almost nonsensical.

[louis brandeis] 20/11/2024 12:22

I'm down circa 16% on this and it isn't the only share with similar % falls.

I find stock markets, economics and politics incredibly tiring ATM.

[pander45] 20/11/2024 12:17

It's ludicrous. This company is as solid as it gets. Someone is making a fortune on a short here.

[m w] 20/11/2024 10:28

Why is this still falling any ideas

[pander45] 31/10/2024 13:38

Ridiculous falls

[undervaluedassets] 27/9/2024 15:26

Considering the amazing recent results the retrace is looking somewhat overdone.

I think the market will work this one out.

[pj84] 26/9/2024 08:04

"Admiral underscoring its superiority

Admiral (ADM) is ‘excelling’ in delivering consistent returns through different market cycles, says BlackRock’s Adam Avigdori.

He holds the Citywire Elite Companies + rated insurer in his £225m BlackRock Income & Growth (BRIG) investment trust.

In his latest fund update, Avigdori – who runs the trust with David Goldman – said the group reported strong results, ‘once again underscoring the quality of the organisation and its consistent performance’.

‘Despite offering a homogeneous product, we believe Admiral continues to excel in understanding market cycles and delivering consistently superior returns compared to its peers,’ he said.

The group reported 15% year-on-year growth in UK motor policies, as the largest player, while the claims combined ratio continues to decline, which Avigdori said ‘is particularly impressive.’

‘The insurer’s conservative approach to loss ratios and reserve ratios is expected to result in a healthy release of reserves in the future, thereby supporting profitability,’ he said.

The shares gained 0.4% to £27.86 on Wednesday, extending gains to 16% over the last 12 months."

[undervaluedassets] 21/8/2024 21:23

There is a bit of a gap fill going on .. hence the retrace..

Once that is done there will be a charge.

Results were just too good + increasing its share of the Uk insurance market.

[portside1] 20/8/2024 14:09

Now looking to buy around 40k

[roguetraderuk] 16/8/2024 06:57

about 15% abv the 200dma. if you take out the post covid run where everything was overpriced due to excess funds, then its not often that the shares were 15% abv the big average. id say they are fully priced here.

[greengold58] 16/8/2024 00:06

Yes, they know how to make money.By ripping people off. Massively selfish company who don't care about other humans as long as they make money.They have some great staff but they are unfortunately governed by people who have no consideration for lesser mortals.Buy their shares but beware if you are a customer.

[martinmc123] 15/8/2024 14:05

Admiral Group plc posted bumper HY results this morning with strong growth in its UK motor insurance business and increased profits for the first half of 2024. There was a 12% increase to 10.53 million Group customers at 30 June 2024, Group turnover was 43% higher to £3.21b. Group pre-tax profits were up 32% to £310 million, while H1 EPS was up 35% to 77.5 pence. The board announced an interim dividend of 71p which was 39% higher than the interim 2023 dividend. Valuation is expensive looking, but the share price has positive momentum and has broken higher to new 2 ½ year highs. BUY...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/ADM/848