Admiral Share Discussion Threads

[devonbeachbum] 10/8/2022 21:43

Is there some world economics chat forum you can take your particular brand of doom and gloom to Frankel? Totally non specific to Admiral and could apply to any number of FTSE companies. As if we don't hear enough from the media already.

[one_frankel] 10/8/2022 14:29

I think its a prudent decision buddy as the US is getting a way ahead of itself now and reading between the lines of that inflation report today gives for grim reading!

..."Declining energy prices caused a slight reduction in what was expected and that was offset by month-on-month gains in not only food prices but shelter costs so if one has less disposable income in future, whose going to turn the cogs to the world economy!

[jubberjim] 10/8/2022 13:42

Taken profit was going to hang on for 22

But leaving some for Mr manners

Good luck all

[one_frankel] 10/8/2022 12:48

Economic conditions are actually worsening which Admiral will no doubt feel the effects from in the following quarters but theres only one real reason for the resounding price action today and thats the hiked-up special dividend to try and elude investors from seeing the rather concerning bigger picture!

[devonbeachbum] 10/8/2022 12:12

Mr Market liking the results.

[tornado12] 10/8/2022 10:12

Based on these results I have added more. I believe they can be resilient to any further downturn and if covid appears in some form again and people are increasing WFH , I see this as a boost based on last year. People will not go without personal transport even if they are working more from home.. this is part of the future work culture GLA

[devonbeachbum] 10/8/2022 08:28

Still in the red after the recent panics but trends look good to me. Solvency still strong. Dividend policy helps in that they actually want to return profits to shareholders. Will be on board as long as this continues.

[coxsmn] 10/8/2022 08:04

Nice rise here anyway

[devonbeachbum] 10/8/2022 08:00

All due to the amount of cars back on the road. But it doesn't take a genius to work out that ADM is growing, while DLG is losing customers.

[coxsmn] 10/8/2022 07:55

Adm earnings are down 50% since last year with no profit warning given

[devonbeachbum] 10/8/2022 07:52

Rubbish coxsmn. Admiral's turnover and policyholders are increasing, DLG's 9.2% down.

[tornado12] 10/8/2022 07:47

2021 was a one-off unless we have another year long covid epidemic that trashes the economy and leads to deflation … bit too much of a roller coaster in last 2 yrs and I’d like to get off .. feel sick :-)

[coxsmn] 10/8/2022 07:41

Not quite.
50% decline from 2021 to 2022 is no better than dlg.
If we start comparing dlg 2022 h1 results with 2019 h1 then they are up too.

[tornado12] 10/8/2022 07:26

Also compared to H1 2019 a great results with an excellent divi for investors. Interesting how the market reacts !

[bountyhunter] 10/8/2022 07:21

Exactly. A favourable comparison with 2019 pre-pandemic.
105p divi declared interim+specials XD 1/9 payable 30/9

[devonbeachbum] 10/8/2022 07:20

Better than OK, good results. Especially after the scaremongering caused by Sabre and DLG's downward spiral.

[franky15] 09/8/2022 17:42

Big day tomorrow let's hope admiral have done ok

[one_frankel] 06/8/2022 14:24

Upcoming big week for insurers folks and Prudential also looks very interesting at around its current valuations!

[franky15] 04/8/2022 21:37

Playing out as I thought

[bountyhunter] 30/7/2022 08:13

Correct! 😉

[franky15] 28/7/2022 21:52

Into the 19's tomorrow for sure

[jubberjim] 28/7/2022 17:31

Took its own sweet time to get thru 1830 level

Was given to despair

Onwards and upwards hopefully will bring all along with it

Markets very capricious no one has a clue divideinds dividends dividends

Good luck aull

[wall street trader] 28/7/2022 17:30

Yes that is highly likely

[franky15] 28/7/2022 16:22

Maybe a climb up to 20 quid prior to results , if they're not as bad as the market expects could go back to 22-23 mark quite easily

[wall street trader] 28/7/2022 13:37

Buy not not Lol