Admiral Share Discussion Threads

[nw99] 25/11/2021 11:16

Tipped in shares magazine

[killing_time] 15/11/2021 13:39

15 Nov 2021

(Sharecast News) - Analysts at Berenberg changed their position on Admiral Group on Monday after taking a fresh look at the insurer.
Berenberg stated Admiral was one of the "highest-quality names" in the European insurance sector and noted that after "a spectacular run" the shares had dropped roughly 20% since August.

As a result, Berenberg now thinks an opportunity has presented itself for investors to begin re-building a position in the name, leading it to upgrade the stock from 'hold' to 'buy' and increase its price target for its shares from 2,895.0p to 3,245.0p.

"While the shares are still at a premium to the pre-pandemic levels, we believe Admiral has warranted its re-rating and the detailed work we have done on reserve releases and profit commissions highlight that we believe the earnings risk is still to the upside going into 2022," said the analysts.

"Moreover, with Admiral trading with an elevated dividend yield between now and September 2021, we believe it is the most attractive way to play to the UK motor insurance space."

[nw99] 15/11/2021 12:37

Nice bowl on the chart

[nerja] 29/10/2021 14:50

Interactive investors winter list,

Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,

It’s performed very well over the last 8 winters

[fuji99] 29/10/2021 10:08

Any dates for Trading Update/Results ? Cannot find any in their website.

[nw99] 28/10/2021 08:28

Bought more this am

[nw99] 28/10/2021 06:30

Looks a strong buy at these levels

[tabhair] 27/10/2021 09:01

Apparently it's 12m shares, not 8 as above ^^.

This is about 3.5% of shares outstanding, not surprisingly the share price as tumbled.

I'd been looking for an excuse to get back into this one, looks like I have it now. The selling here is purely technical. Once the overhang clears, it'll go back above £30 you'd feel.

[salpara111] 27/10/2021 08:57

Thanks for the info, as a relatively recent investor who is a bit under water I was feeling rather uneasy seeing them at the top of my loser board this morning. If they got a large chunk sold for 2940 that would suggest good demand.

[cousin jack] 27/10/2021 08:13

Apparently Munich Re.have disposed of a significant holding 8n a placing at 2940p.

[salpara111] 27/10/2021 08:00

Unclear what has caused the large drop at the open today....any ideas?

[bountyhunter] 27/10/2021 07:49

5.39% yield now with the dividend having increased progressively since 2005!

[bountyhunter] 03/10/2021 10:23

I do often wonder on the motives of those making sell recommendations. Admiral strikes me as a well run financially strong company leading the sector with a progressive dividend record second to none. I would say it's a strong hold with shareholders having been rewarded with both an increasing dividend and share price year after year including throughout the pandemic. Car policy holders even got a £25 refund each last year which will I'm sure keep many loyal to Admiral who are competitively priced in any case.

[pj84] 02/10/2021 21:28

The article adds the following at the end.

"However, AJ Bell, the fund shop, found that broker research, even taken in aggregate, needed to be treated with a degree of caution.

At the start of 2020, it examined the stocks with the highest number of "buy" ratings by analysts. It found that one year later, the 10 most popular shares did far worse than the index.

To compound that dismal showing, the 10 stocks with the greatest percentage of "sell" ratings actually generated a positive total return between them, even though the FTSE 100 failed to do so."

[bountyhunter] 02/10/2021 19:12

Unfortunately that is behind a paywall.

It's not just Admiral that has dropped back, comparators have as well. Just a temporary adjustment following the preceding rally imv. I agree that it got a bit ahead of itself but this mains a well run company generating consistent shareholder
returns with dividends increasing year on year for more than 15 years now, despite the pandemic.

[freddie101] 02/10/2021 09:46

There's also this.

"Admiral has the worst overall rating, the product of just three of the 19 analysts who cover the shares rating them a "buy". Eight are advising their clients to sell them, with the same number rating the shares a "hold". Analysts' average price target for the shares is 16pc below their current price."

[imastu pidgitaswell] 29/9/2021 08:50

It just got ahead of itself - too swift a rise.

[melmoo] 29/9/2021 08:32

Why the recent constant drop?

[dh1706] 02/9/2021 20:59

It’s only a pity that Aviva don’t follow Admiral’s practice rather than waste shareholder’s funds on buybacks. If it was their own money, they would be more careful with it!

[bountyhunter] 02/9/2021 19:02

Taking the Divi into account effectively ended the day +22p. Happy with that :)

[bountyhunter] 02/9/2021 14:50

William Roberts Non-Executive Director/PDMR bought 5000*USD$50.0699 =$250,350 worth of Admiral ADRs on 31/8, quite a vote of confidence imv!

[bountyhunter] 02/9/2021 12:35

not much in it, just about worth holding for the Divi based on the current price :)

[rik shaw] 02/9/2021 07:32

total interim dividend is 161.0 pence, made up of a normal dividend of 87.9 pence per share and a total special dividend of 73.1 pence per share.

[ygor705] 02/9/2021 07:08

Xd of about 110p of divi this morning so fall not as bad as it looks.