Admiral Share Discussion Threads

[wall street trader] 15/3/2022 10:58

going to be a waiting game here - in five years will look a great price plus all those dividends coming

[bountyhunter] 11/3/2022 13:32

More director trading announced today (3,000 shares bought).

Here we go!

[bountyhunter] 10/3/2022 22:06

Underpinned by the recent director purchases, should continue to bounce back from here imv.

[wall street trader] 10/3/2022 20:38

Will be the retirement opportunity of the century if it dies

[smith99] 10/3/2022 08:32

Are we really going to see this go down to 2000 ? Surely not.

[wall street trader] 09/3/2022 08:39

I've added some more too such a great dividend share going forward and it's not likely to stopAs Buffet says always ask yourself how much will this company pay me in the years ahead and this will be significant

[bountyhunter] 07/3/2022 22:24

More director buying reported today, no surprise there at this level.

[wall street trader] 07/3/2022 07:31

prepare for some more downward pressure today - pre market not looking good

[bountyhunter] 04/3/2022 22:32

4. Remain insignificant in so far as it affects Admiral.

[voci] 04/3/2022 17:56

fuji

Another way to save money is to not take out car insurance. Already there are people who a prepared to risk driving without insurance and as household budgets get squeezed as inflation bites do you think the number of uninsured drivers will remain

1.Unchanged
2 Go down
3 Go up

[max euwe] 04/3/2022 14:49

Only took a few minutes to get back to normal

[fuji99] 04/3/2022 13:08

Voci - Regardless of ones situation, a car must have insurance, driven or not. The only way people can save money is to drive less than before but the car must be insured in all cases. Also everybody knows that if one has a history of accidents, the premium goes sharply up.

[fuji99] 04/3/2022 13:03

ADM could also increase its premiums if the inflation effect is felt or/and those who had accidents want insurance. If one compares the inflation effects on manufacturers and other producers such as food and clothing, ADM is the least exposed. In addition, many people still work from home. Also as petrol at the pump has risen dramatically, people have tendency to drive less than before; this means to me that the probability for accidents to happen is very low thus accidents claims going down. So IMO, ADM is the least exposed.

[bountyhunter] 04/3/2022 12:54

Directors/associates are piling in today, no surprise there given the overreaction yesterday which is clearly why we are blue today in a sea of red.

[voci] 04/3/2022 12:29

Well with all this talk of inflation my car renewal hit the mat this morning and the premium is DOWN 9%. I guess that is down to the FCA pricing reforms designed to stop insurers penalising consumers who stay with them.

Good for existing policy holders but another headwind for insurers profits.

[wall street trader] 04/3/2022 11:51

an Admiral are a very creative adaptable company that will succeed in the future

[city1911] 04/3/2022 11:28

Pre pandemic families had 2 cars. Still a lot of people working from home now and have gone down to one car. The way the price of oil is going people will simply give up owning a car.All have a knock on effect to insurers.I work for Direct Line and they have finally realised that they have to come up with new products to sustain growth

[city1911] 04/3/2022 11:18

Plus parts are taking longer to source which has a knock on effect to hire/courtesy car charges that insurers foot the bill for

[voci] 04/3/2022 11:07

.."the market value of second hand cars has gone up dramatically. So insurers are having to pay out more in the event of a vehicle being written off/stolen"

Spot on city1911

ADM has a high exposure to inflation.

[city1911] 04/3/2022 10:52

Plus the the market value of second hand cars has gone up dramatically. So insurers are having to pay out more in the event of a vehicle being written off/stolen

[scribbler] 04/3/2022 10:40

But surely inflation affects the value of a claim - build and epair costs much higher for buildings insurance claims, parts and labour costs much higher for auto claims.

[fuji99] 04/3/2022 09:48

ADM is also insensitive to any inflation negative effect as there is no material purchase for the business at all; while retailers, industrials, oil/gas explorers and food producers would suffer from increase in costs of energy and raw materials. Insurance has no exposure to inflation.

[wall street trader] 04/3/2022 09:20

that's very true

[bountyhunter] 04/3/2022 08:33

Blue in a sea of red indicating that yesterday's fall was way overdone given the solid fundamentals.