Aston Martin Lagonda Glo... Share Discussion Threads

[pricemilne5] 03/4/2007 11:38

Good to see some recovery here. Looking way oversold at the moment.

[timanglin] 02/4/2007 13:02

this is a low P/E(to the market average), high dividend stock(to the market average) making bumper profits(up over 80% on written premiums up 19%), which has recently been in the general market re-rating. The only negative i can see is whether or not the management can maintain this market beating performance - however the management havent changed and they clearly know what they are doing. i continue to hold in an ISA. DYOR.

[gurshb] 02/4/2007 12:11

What are peoples thoughts on this recent share price movement. At the end of last week i spoke to the FD who wasn't really revealing much info and just repeated info that was on the recent report. He did mention that the recent share price drop may have been due to investors placing money into to rival stocks due to possible takeover situations involving rivals. Would be interested in the general opinion on this thread.

[pricemilne5] 29/3/2007 15:51

The scare tactics won't end until the 30th deadline finishes. hoping for a better day on Monday.

[makingheaps] 29/3/2007 13:29

Nope I was wrong we're down again!

[pricemilne5] 29/3/2007 08:13

Article in todays news, explaining that the lack of natural disasters has even brought lloyds back in to profit. Market sector is looking good to me!
There has been some speculation on here previously about Amlin buying out another company, but with all this excess cash in the sector they too could soon become a takeover target!

[jamesjoel] 28/3/2007 21:53

Cheers hope u r correct !

[makingheaps] 28/3/2007 19:54

Inexplicable price movement today. 15p dividend, but we end down 22.5p - a 50% greater drop than can be explained by the dividend alone. Then in the last 5 minutes someone buys 693,750 shares at a cost of £1.98m! Is this what you call arbitrage?? Should be back above £3 tomorrow

[pricemilne5] 28/3/2007 19:32

I fully expect a bounce, that's a 30p drop fro a 15p divi. Essentially the mm's are getting rid of the people that bought purely for the divi etc. Certainly looking good for the mid to long termers.

[jamesjoel] 28/3/2007 19:13

Anbody expecting a bounce?

[spob] 28/3/2007 15:54

yes these are ex divi now

ie - if you held them after the close yeasterday you will get the divi

[timanglin] 27/3/2007 09:03

i think they go ex-divi at close of play today - that is just over 15p per share. DYOR.

[beckaroo] 26/3/2007 22:03

It looks like you have to own some shares on the 30th March to qualify, after that everything will be done for you and you'll either get your dividend check or money paid into your account.

[beckaroo] 26/3/2007 22:03

It looks like you have to own some shares on the 30th March to qualify, after that everything will be done for you and you'll either get your dividend check or money paid into your account.

[stockrod43] 26/3/2007 21:02

cheers james unfortunatly still non the wiser.

[jamesjoel] 26/3/2007 01:51

Dividend and balance sheet management

The Board proposes a final ordinary dividend of 7.8p per share and an additional
special dividend of 8.0p per share. This makes ordinary dividends for 2006,
including the interim dividend already paid, of 12.0p per share (2005: 10.2p per
share) and total dividends for 2006 of 20.0p per share. These payments
materially exceed our commitment to pay at least 30% of earnings for 2006.


Both the final and special dividends are to be paid on 30 May 2007, subject to
shareholder approval at the Annual General Meeting to be held on 24 May 2007, in
respect of shares on the register on 30 March 2007. The Company's dividend
reinvestment plan is available to shareholders in respect of both dividends.

[stockrod43] 25/3/2007 19:47

can anyone tell me what u have to do or have done to b entitled to the special divi cheers.

[mustafalee] 23/3/2007 10:18

why this share is not going up there is 15.8 div next week.

[pricemilne5] 22/3/2007 08:02

Nice opening mark up, let's see where it leads to today.

[jamesjoel] 21/3/2007 10:44

Share price seems to be consolidating £3.10- £3.20 area for a few months now.
Only a matter of time before the upward trend continues if trading remains strong!

[paddyfool] 20/3/2007 22:25

Therein lies the problem re aquisition. There are very few obvious targets of any size that are free of encumbances. There is much competition for new business , the banks such as HSBC are after a very large share of the insurance market. Amlin will need to buy into a different market in the UK. The good news is they have cash. I am a little dissapointed that some of it is being returned to shareholders.

[pricemilne5] 20/3/2007 16:16

Also nice to see the tree shake over!

[pricemilne5] 20/3/2007 16:16

Paddyfool,

very informative views. Do you have thoughts as to where they could possibly be looking? I share your short term price target of £4 med term, however if they are taken over this could also be good for the share price. Also they do appear cash rich enough to go shopping, interesting spring / summer ahead me thinks.

[paddyfool] 20/3/2007 15:00

the problem is that there is no growth to be had from their current position. They cannot recive much more busines in their currrent markets. Also this is as good as it gets in terms of the insurance cycle even if this is a super cycle. There are signs of capital entering the market, which is a lead indicator fo rate softening. So to maintain and or exceed this years performance in the near to mid term they must expand into other lines of business. I am almost certain that they will either table big expansion plans or be taken out by the end of teh year.
Near term share price prospects are good as they will announce in the coming months good trading results which means that 2007 will be as good as 2006. However the market doesnt belive that these results are sustainable through 2008 as per my view above. If they did then the shareprice would be through £5 by now. If however they do a QBE and demdisablede a steady profitable aquisition programme things will change. My view is we will see £4 by mid summer early autumn.

[pricemilne5] 20/3/2007 14:31

Well i hadn'd really given that much thought but so long as any acquisition is earnings enhancing. Personally i would like to see them continue as they are for another 6-12 months, i don't want to own shares in empire builders just good growth stocks.