Admiral Share Discussion Threads

[m.t.glass] 22/2/2008 14:09

Nicely into profit on today's bets now ;o)
Though I'm not averse to betting downwards whenever it's on a reverse run.

[insipiens] 22/2/2008 12:17

shall be watching....

[m.t.glass] 22/2/2008 12:11

I am currently daytrading it, about 5 to 20 minutes at a time. Mostly upwards.

[insipiens] 22/2/2008 11:54

Thinking of going short....

[m.t.glass] 21/2/2008 12:20

you still holding, graham?

[nicksoj] 18/2/2008 10:13

FYI Confused voyers...

ADVFN
Moneysupermarket.com gained 6 at 117-3/4 after UBS upgraded its rating on the company to 'buy' from 'neutral' with the broker commenting that the upcoming results will be better than the market expects.

ADM full year results out 4th March.

[nicksoj] 12/2/2008 09:10

luvvly jubbly! ok perhaps not that good but you dont know until you try ? who knows what tomorrow will bring ????

[nicksoj] 11/2/2008 14:43

Another good shorting opportunity. !

[nicksoj] 03/2/2008 09:07

richardbonny, I would have to say that company growth and agressive European expansion plans are a good theoretical explanation of current p/e. Results from the first full year in Spain are due on the 6th March along with the UK operation. We should also get an early indication of how the German "good internet market" operation is going.
The company will also be retaining more UK underwriting premium in 2008 rather than passing it on via the different co/reinsurance deals it has in place.

"The Board of Admiral Group plc ("Admiral") announces that it plans to increase
its UK motor premium retention for the 2008 underwriting year to 27.5% from the
current 22.5%".

This should help retain more underwriting profit if you benchmark against the company's previous performances.

Come the 4th March I'm sure we'll be pleasantly surprised ! DYOR

[richardbonny] 02/2/2008 13:59

There seems to me to be an awful lot of competition out there. Confused.com is very good but there seem to be other companies trying to muscle in on the action - copmarethemarket.com for example. Does an insurance broker rate a p/e ratio above 20 when other parts of the stock market are absolutely cratering? This looks pricey to me in the current uncertain situation.

[graham99114] 23/1/2008 23:52

the bull will be alive and kicking tommorrow morn - put in a buy order for tommorrow - decided to try day trading - i'll let you know (tommorrow)

[nicksoj] 21/1/2008 16:37

Am pretty amazed this one has not tanked more than it has done today. Looks like there might be some bargain hunting tomorrow? Or will tomorrow see the Dow take the Ftse down toward 5,000 ?

Is the bull dead?

[waxman3] 21/1/2008 13:24

try CGNY for a triple short term

[sat69] 21/1/2008 13:00

Graham

You still did very well. That's a very healthy profit. I wonder where you will invest your proceeds?

sat

[graham99114] 21/1/2008 12:04

im out - sold the lot - 34K worth for a measly 9K profit - could have been much more if I sold earlier

[sat69] 14/1/2008 21:58

Should be back up tomorrow Graham - DOW finished up 170 pts. I just hope they don't go back down in the coming weeks!

[graham99114] 14/1/2008 10:45

right !!! that was definately my last buy @ 9.70

[nicksoj] 10/1/2008 09:38

With the FTSE support over and the financial sector being ignored, looks more like £9 very soon.

[graham99114] 09/1/2008 20:02

It was pure luck - Ive been getting an extension built - fearing the builder was goining to ask for some cash - I sold some

He hasn't asked for any cash and a snag means the 50% payment wont be needed for another week or so - hence I got back in

so as I said more luck than anything - now depends on the share price over the next week

[sat69] 09/1/2008 18:29

Glad to hear you did take some profits Graham. Hope it shoots right back up for you.

[graham99114] 09/1/2008 18:08

yep still holding - did sell a stack last week but bought half of them back this PM

[sat69] 09/1/2008 17:13

Keevilp - Maybe you should have a finger on that buy button now that we're back to £10

Graham - I know you're still holding! Ah well, if it's a long term plan I'm sure you don't mind too much!

sat

[graham99114] 22/12/2007 10:02

11.95 - thats 5p short of my target - I hope for my sake it doesnt stall @ 11.95

[sat69] 22/12/2007 08:47

I must admit the chart has 1195p written all over it, but I certainly wouldn't put my money on it! I still believe we are due for a major market correction, and ADM will naturally follow suit.