Admiral Share Discussion Threads

[dontyo] 05/3/2008 11:29

moving back up again. Quality company and savaged yesterday like any share that hints at growth slowing.

[inv] 05/3/2008 11:24

EXcellent Company. soon have the share price motoring up again

[nicksoj] 05/3/2008 09:05

dontyo, That's quite a gamble bearing in mind the Citigroup stance.

[dontyo] 05/3/2008 07:56

Might have a nibble for a ride back to 950p region.

FT Comment

● Admiral has hit a bump in the road, with increased competition in the price comparison market and the prospect of a longer wait until motor rates appreciate measurably. The shares trade on about 16 times Numis's forecast of 2008 earnings per share of 51.1p. Longer-term, Admiral will benefit from its foray into Europe, as well as possibly a more pronounced turn in the motor insurance market.

[dontyo] 05/3/2008 07:55

Press seem to think the share fall was well overdone.

[nicksoj] 04/3/2008 17:51

With all the negative press and Dow having another stinker looks like another short day for ADM tomorrow.

[mrminister] 04/3/2008 17:28

ditto : Axon ..... great results & hammered down 25%

[m.t.glass] 04/3/2008 16:39

Yes. And beware the advfn daily charts above - when market is closed they will appear wrong on some refreshes and briefly right at other times.

[backmarker] 04/3/2008 16:33

at the moment it seems that almost any company reporting good results for last year but unable to say next year will grow even faster is getting hit.
if there's even the glimmer of future weakness in any aspect of the company's business then it's going to get hammered.
the markets are seriously spooked about recession.

[m.t.glass] 04/3/2008 16:29

Their own house broker was among those issuing downgrades today (from BUY to just HOLD) on account of tougher times ahead.

[nicksoj] 04/3/2008 16:28

Excellent results and a very bright future. Deserved of a 16% write down ????!!!

Citigroup and co need to read that statement of results again !!

This country !

[5dally] 04/3/2008 16:18

I cant see any reason for this drop??? any thoughts

[backmarker] 04/3/2008 16:01

a complete mauling !!!

[m.t.glass] 04/3/2008 10:20

He has employed the same style in every previous report over the past 3+ years. Hasn't held them back ;o)

[wapper] 04/3/2008 10:12

I don't think the market will like the CEO's hippie style of writing his report.Comes across as a numpty

[m.t.glass] 04/3/2008 10:08

Perverse thing, the market ;o)

[inv] 04/3/2008 10:00

Excellent results. Good example of a price fall on good news, but price will probably recover to above 950p by the end of the day and will be up to £11 in a week or so

[m.t.glass] 04/3/2008 08:09

Impressive results today - ahead of market expectations

[nicksoj] 01/3/2008 09:45

Goldman Sachs 3 month price target of 1,177 pence...

see the link for full comment if you have not already:




By the way, Happy St. Davids day to all the Cymro's out there !

[insipiens] 28/2/2008 18:46

yes, pattern. Admittedly better short on 4.1% than 1.8% down ;)

[m.t.glass] 28/2/2008 18:36

Hmm.. FTSE today down 1.8%, ADM down 4.1%
Though I agree that the pattern matches well visually ;o)

[insipiens] 28/2/2008 17:31

MT it just follows the ft100.

[m.t.glass] 28/2/2008 13:51

ADM is proving to be an excellent daytrading stock this week. Long upward runs, and long downward runs..

[insipiens] 25/2/2008 02:20

tangible assets I'd say.....

[purav] 23/2/2008 14:13

the EK thinks this is a cracking short. what does he know?