Admiral Share Discussion Threads

[tornado12] 03/10/2022 13:59

Received today in HLFX SD … nice 👍

[deanforester] 02/10/2022 21:39

Not in my Lloyds account yet.

[cwa1] 01/10/2022 17:50

Received in Youinvest Friday

[tornado12] 01/10/2022 11:01

Has anyone received the divi ? Not arrived in my Halifax SD yet

[glavey] 28/9/2022 00:33

"Admiral Group shares were down 2.64% after Bloomberg reported an offering of 1.61 million shares in the insurance company.

The offering was priced at 2,011p, according to terms of the deal obtained by Bloomberg, to raise £32m."
2022 Sharecast.com.

[clive7878] 27/9/2022 13:02

Recommended by Motley Fool - but there is no good having a 7% yield when we have seen a 40% decrease in the share price over the last 2 years. Admittedly for most people insurance is a must though which could help going forward. Have we turned the corner with expected interest rates being 5.75% by next June 2023?

[porsche1945] 27/9/2022 09:44

Share dilution, why didn’t they capital raise when shares were over 25 quid. Shxt management. Expect 16 quid for these shortly.

[cwa1] 27/9/2022 07:44

SAGA's insurance performance from results this morning I'd reckon is most likely culprit IMO

[deadly] 27/9/2022 07:40

Must be this:
insider Geraint Jones sold 20,943 shares of the business's stock in a transaction dated Monday, September 26th.

[deadly] 27/9/2022 07:25

Why the fall of 5% so far this morning on rare positive day for the market?

[bountyhunter] 01/9/2022 18:07

Yes that's right. Given the generally red day today 113p down on the day doesn't seem too bad in that context.

[one_frankel] 01/9/2022 16:08

Fair point but the special dividend is 61p whilst the interim is 44p which gives you the 105p.

[bountyhunter] 01/9/2022 15:59

Exactly, the total XD today was 105p!

[cwa1] 01/9/2022 15:54

PLUS 45p special dividend

[cwa1] 01/9/2022 15:54

Oh, and 60p interim dividend, not 44p. Which as bh says, gives you the 105p mentioned

[one_frankel] 01/9/2022 15:53

Dividend is 44p not 105p!

[bountyhunter] 01/9/2022 11:00

XD 105p today

[porsche1945] 25/8/2022 13:47

Dead cat bounce over, heading back to 17 quid. UK facing shares being destroyed, ftse 100 being priced for 2008 style meltdown…̷0;.brexit, covid, tories, parabolic inflation and taxes, interest rates….maybe worse than 08/12. Best trade now, SHORT housing stocks, I started ( too late ) with persimmon at 23.50 but its getting going now, up well on the trade as its in freefall. Get your shorts on you dividend hunting deadbeats.

[one_frankel] 23/8/2022 15:48

I wonder who entertained 'Untimely' investing, oops!

[one_frankel] 19/8/2022 12:26

Last time I checked DevonBeachBum, Admirals share price has pretty much been in consolidation but could it be that its now reached the climax of its recent emphatic price action!

[devonbeachbum] 19/8/2022 10:57

That Sabre loss burns deep in you Frankel! Share price recovery continuing probably more to do with divi hunters than analysts methinks.

[one_frankel] 16/8/2022 16:03

The Berenberg analyst states that 'Admiral delivers whatever the weather', hmmm, but has he even tried to consider how sensitive Admiral is to the prevailing market conditions with its extensive portfolio of investments!

...I mean seriously, these are people who are paid a pretty penny for their rather deep analysis/thinking!

[pj84] 16/8/2022 15:48

Berenberg: Admiral warrants a premium valuation

Motor insurance group Admiral (ADM) stands apart from peers Direct Line (DLG) and Sabre (SBRE), which reported profit warnings last month, after strong half-year results prove the stock warrants a premium valuation, says broker Berenberg.

Analyst Thomas Bateman said Admiral’s premium valuation will return as motor insurance prices should continue to rise for the rest of the year. There is also scope for earnings per share upgrades in 2023 and 2024. The analyst’s own estimates for those years are about 5% and 14%, respectively, above consensus.

He believes the 36% fall in share price year-to-date ‘has greatly under-appreciated the strength of the group’ and that the company ‘delivers, whatever the weather’ and should be rewarded for it.

‘The group’s international business remains a key disappointment to investors, particularly in the US where losses have accelerated. In our view, the group would perform better and be even more attractive to investors if it were to exit the US,’ he said.

Berenberg maintained a ‘buy’ recommendation with a price target of £29.03 on the stock, which rose 2.3% to close at £23.10 on Monday.

[one_frankel] 15/8/2022 12:43

Can the last decade or so not mean more than one decade and its bad for those affected, hmmm, what like 80% of the country's population!

...And is Admirals insurance the only game in town in a deeply saturated market where margins continue to be squeezed at an alarming rate?

...Its your prerogative whether you decide to invest at these levels as you pays your money you takes your chance but the price action now for me anyway is certainly becoming unsustainable for much longer.

[fenners66] 15/8/2022 11:44

OF - given how quickly this argument crumbled, you are not helping yourself....

One_Frankel
13 Aug '22 - 13:56 - 901 of 910
annualised performance of Berkshire Hathaway over the last two decades

One_Frankel
14 Aug '22 - 17:06 - 910 of 910
been declining in the last decade or so

I have no problem with someone not being positive about a stock , but what specific to Admiral are you calling out ?
You need to add some detail as general macro economics don't cut it.

For example looking back at previous recessions and correlation to unemployment , the rate may rise from today's 3.8% to say 5.5% - its bad for those affected but it means nothing changes for 98.3% of the working age population so its tinkering at the margins for car insurance .....