Admiral Share Discussion Threads

[fuji99] 03/3/2022 13:34

All is given in the results today including 2022 predictions.

[pander45] 03/3/2022 13:07

There is a potential profit warning in there for 2022 though?

[pander45] 03/3/2022 13:06

Best advice yet. Spot on.

[roguetraderuk] 03/3/2022 13:02

stay patient and wait for pre covid levels

[voci] 03/3/2022 12:52

With a drop of today's magnitude there is probably a pile of stop losses being triggered which will exacerbate the carnage.

[bountyhunter] 03/3/2022 12:33

The market is ignoring all the positives and focusing entirely on future uncertainties, as usual, but imho this drop is overdone given the strong fundamentals and will most likely reverse before long imho. Just look at the yield from the final dividend alone (incl. special)
XD 118p 5/5/22
Surely there will be less miles driven and so less claims given sky high fuel prices!

[voci] 03/3/2022 12:32

Not content with smashing ADM Market has marked DLG down 5% on no news at all.

Their interims are out 8th March.

[smith99] 03/3/2022 12:23

And there I was thinning I'd bagged a bargain earlier at £27. Funny old world.

[salpara111] 03/3/2022 10:59

Well the scale of the drop is what I would have expected from a pretty big profits warning so not sure what to make of this.

[wall street trader] 03/3/2022 10:57

i've doubled up defo fully loaded now but that's my limit

[pander45] 03/3/2022 09:50

Market not keen clearly

[voci] 03/3/2022 09:48

What's Not To Like?

I don't like this:

Under the heading "Group Chief Financial Officer’s Review" in the results

"We expect that Group profit in 2022 will be lower than 2021 and 2020."

And

"The next biggest change in segment results year-on-year was the loss from the International Insurance business following the profit in 2020. Whilst we budgeted a loss for 2021, the actual result was a little worse than plan."

------------------

[fuji99] 03/3/2022 09:48

"Overall, the group improved across all its key metrics, including exceeding eight million customers, increasing customer loyalty, and recording profits of £769 million."

[fuji99] 03/3/2022 09:15

Topped a few times too. Not to miss such opportunity. Plenty of positives despite past pandemic. - - -

[bountyhunter] 03/3/2022 09:05

topped up, what's not to like!

[wall street trader] 03/3/2022 08:47

agreed am going to enjoy the dividends from here for years to come

[fuji99] 03/3/2022 08:44

Excellent results and dividends. This is a long term earner. A strong hold to me. Will recover at least 50% of drop as this is overdone.

[wall street trader] 03/3/2022 08:27

Rick I've loaded up just now -gone over weight with them in my portfolio - they are a good long term buy

[rik shaw] 03/3/2022 08:16

Agreed- Total Shareholder Return (TSR) of 577% over the last 10 years and this is how the market reacts. No one is having my shares for £27.

[pj84] 05/1/2022 23:07

worbitq 5 Jan '22 - 12:45 - 693 of 693 (Filtered) Spam

[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