Direct Line Insurance Share Discussion Threads

[dope007] 14/10/2020 09:21

With traffic down so much accident claims must be significantly lower for direct line, which is a positive

[encarter] 08/10/2020 18:38

Good call Porsche, already up a grand in a week.

[cl0ckw0rk0range] 01/10/2020 17:18

Surely the bots would be set up to do that already.

[city1911] 01/10/2020 09:51

You have a point. I did the same just before last ex-div date. Bought two weeks before at £2.90 and sold at £3:40 a day before ex-div date

[porsche1945] 01/10/2020 09:08

Not really, dividend stocks are dying and growth has been the go to for five years, looking at the graph for this it is range bound with a slightly falling apex each year, ie highs are lower, just trade it, buy now sell day before ex div, make 20 pc a year instead of ten.

[cl0ckw0rk0range] 30/9/2020 13:09

So your saying that trends don't change?HAH!

[encarter] 29/9/2020 06:53

Good price to buy then.

[porsche1945] 27/9/2020 22:42

It’s not really it will be the same price in 2 years as it is now ex dividend. It is completely range bound, 270/340 ish, its a trading share between dividends. U.K. dividend stocks are hopeless for capital growth, like the country itself, best days are well behind them.

[essentialinvestor] 25/9/2020 16:16

Attractive price on a 2/3 year view?.

[essentialinvestor] 24/9/2020 15:51

Worked in the industry for 15 years. If there was a f..k up I usually ledgered on 1 months free cover to a policy, or in the case of a major f..k up 3 months free cover. Never had a client that was not nice as pie once that was offered.

[essentialinvestor] 24/9/2020 15:01

Mike, if you have a look on Trustpilot, many of the major insurers rate poorly. There is usually a good reason for this, Great experience = less likely to leave a review. Poor experience = a bad review!.

[essentialinvestor] 23/9/2020 22:36

Apologies, I thought you were referring to the here and now.

[cl0ckw0rk0range] 23/9/2020 22:13

They won't be able to with the new rules, how is that incorrect?

[essentialinvestor] 23/9/2020 21:12

That's incorrect. They can and they do.

[cl0ckw0rk0range] 23/9/2020 21:05

A provider can't give a renewal quote thats higher than what a quote would be to a new customer, that doesn't stop people shopping around it just means you don't have to ring your provider EVERY YEAR just to ask for them to apply a discount to your quote that you have to do EVERY YEAR.

[essentialinvestor] 23/9/2020 14:43

It will happen, but as it's a zero sum game it makes no difference imv, unless I'm missing something salient. The end result is more expensive motor insurance for those that shop around, who were effectively subsidised by those who did not.

[encarter] 23/9/2020 07:28

Isn't it just a proposal anyway? Either way they will just claw it back some other way. I have a couple of properties that I let out and it reminds me of when they changed the rules so that tenants didn't have to pay a renewal fee. All that happened was the agents put up the rent.

[city1911] 22/9/2020 18:42

There are always ways of getting round price issues. Raise the new customer prices as one example. They would have done something similar when insurers couldn't rate on gender

[dope007] 22/9/2020 17:46

Yes, and since it applies to all it is a zero sum game and therefore the stock price hits are simply ridiculous