Direct Line Insurance Share Discussion Threads

[linton5] 10/1/2017 13:15

I'm ready to make a move billy maybe last thing today or 1st thing tmmw. I also hold adm and getting ready to top up. Pants day for insurers. Check out esure great price also.

[billy5] 10/1/2017 13:10

Yes, a great opportunity to get in. Looking at the 2016 charts these peeked at 400p plus in March and August, divi times.

The divis last year were very good but the capital gain by selling at 400+ tops it.

I have bought 10k shares and will just sit and wait, not much else I can do!

Good luck.

[linton5] 10/1/2017 12:27

I'm ready to buy here great price I think

[speedsgh] 22/11/2016 11:33

Direct Line faces headwinds, says Barclays -

UK motor insurers have been the best performing insurance stocks in the past year but Direct Line (DLG) had its time in the sun, says Barclays.

Analyst Alan Devlin retained his ‘equal weight’ but reduced his share price target from 366p to 357p. The shares fell 8.8p to close 2.48% lower at 346.5p.

Devlin said Hastings and Admiral had ‘led the pack, increasing 26% and 19% respectively’ over the past year and pricing continues to increase 10% year-on-year.

‘Indeed, we are now lapping price increases on top of price increases and full year results should benefit from both a strong top-line and price increases of the last four quarters earnings through the P&L. Claims inflation itself is picking up, which could fuel further pricing momentum into 2017,’ he said.

However, the positive momentum won’t be felt in all insurance stocks.

‘We believe Direct Line is fairly valued, faces headwinds from the loss of the Nationwide and Sainsbury’s contracts, and faces more pressure in home insurance versus peers,’ he said.

[kcsham] 17/11/2016 09:16

I am in for 353.24p

[eaaxs06] 09/11/2016 13:01

Good figures for Q3, no worries there.

Looking for a quick rally back to 385/400 area.

[speedsgh] 09/11/2016 12:51

Peel Hunt: Direct Line on the road to growth -

Direct Line Insurance Group (DLG) may operate in a hardening market but Peel Hunt analysts still see chance for growth after its third quarter (Q3) trading statement.

Analyst Andreas van Embden retained his ‘hold’ recommendation and target price of 370p on the stock, which yesterday gained 3.3p or 0.9% to close at 353p.

‘Direct Line’s Q3 interim management statement confirms ongoing positive momentum in the UK motor market with rates up 10% year-on-year and claims inflation stabilising albeit above long-term average levels,’ he said.

‘Encouragingly underlying motor margins continue to expand and will be earned into 2017…It is seeking opportunities to grow profitability in a hardening market despite the size of its motoring book. This should help absorb the trend of declining reserve releases.’

[njb67] 08/11/2016 07:35

Good Q3 trading update this morning, the business is quietly on track to deliver full year forecasts.

[nicksoj] 03/11/2016 10:34

THE RULE OF LAW WILL PREVAIL...!

[deadly] 03/11/2016 10:26

3 cheers for the judges for democracy, and for reason

[nicksoj] 03/11/2016 10:08

GET IN. TIME TO FILL ME BOOTS!

[nicksoj] 03/11/2016 08:56

Ok. Eyes on 10am. Can the Lords stop this Brexit madness?

[essentialinvestor] 15/9/2016 13:17

Continued to add on the recent weakness, looks attractive IMV.

[essentialinvestor] 06/9/2016 14:31

Added yesterday.

[nicksoj] 05/9/2016 09:35

Agreed Essential. UK pmi data should support and sterling to continue to climb imv.

[essentialinvestor] 05/9/2016 09:03

Added again, looks cheap longer term with the prospect
of further Special dividends coupled with a growing ordinary payout IMV.

The market appears to consistently underestimate DLG,
one of the reasons the share price usually pops on updates.

[essentialinvestor] 01/9/2016 11:42

These were going cheap on that XD drop
and nearly a gap fill from the results day rise.

[essentialinvestor] 25/8/2016 09:50

Added, looks an interesting longer return price unless
markets tank here, all IMV only, DYOR as always.

[essentialinvestor] 22/8/2016 08:24

Added a few.

[garycook] 19/8/2016 05:21

Nick,See you put your ADM proceeds,into DLG.Good decision.Good company.What price did you get in at ? Looking to buy on a dip.Should have purchased around 337,but as you know was holding ADM.Will take the upcoming Dividend from ADM,and then sell,and put the proceeds into DLG,when the price is right.

[hooley] 08/8/2016 08:48

Another fat special dividend to look forward to next spring? Well worth staying for the ride for that prospect. Surplus cash generated has been returned to shareholders promptly.

[topvest] 02/8/2016 19:19

Yes a quality company. Happy to keep holding.

[nicksoj] 02/8/2016 15:32

If RSA was considered at 550p a share. This beauty must have something well north of that locked away.What a proven cash machine for the right bidder.Imo. It's only a matter of time with sterling performing so poorly.450p in the coming weeks?

[nicksoj] 02/8/2016 11:51

A sweet day.....:)What now from Mr Carney?