Direct Line Insurance Share Discussion Threads

[garycook] 06/11/2020 08:35

Hi Mate,Insurance is cheap.Holding 35% of my P/F in Financials eg AV,DLG,HSBA,LGEN,MNG,PHNX,& SLA.Investor,s taking small profits today.A big mistake atm.

[cwa1] 06/11/2020 08:33

Quick question. Does anyone know why there are quite so many different share charts in the header? Can't quite see the connection to BT.A, VOD, RMG, RR., Talk, etc but I'm possibly missing something?!

[mister md] 06/11/2020 08:22

Hi Garycook

Aviva and LGEN up too - excellent stuff

[garycook] 06/11/2020 08:04

Plenty of buyer,s early doors Up 4%

[garycook] 06/11/2020 01:31

With the bid for RSA,then DLG should be well up today.Good buy at 271p P1945.

[porsche1945] 06/11/2020 01:14

@ clock

Realist dxxkhead.

Rsa being taken out by foreign buyers as sterling so trashed a cheap buy, hopefully this will be next, hoovered some up at 2.71. It is all on on fire-sale in down and out U.K.

[mo123] 03/11/2020 11:46

Berenberg buy, target 356.

[cl0ckw0rk0range] 01/11/2020 22:25

Then you guess wrong, doesn't help being such a pessimist.

[porsche1945] 27/10/2020 09:40

@ clockwork

“ fun out the game “, what possible fun is there investing a in 99 pc of U.K. stocks? They have been on a downward trajectory for years, capital destructive dross with declining business models, guessing your investments in the few thousands range rather than hundreds of thousands or you would not be so sanguine.

[sphere25] 19/10/2020 11:59

‘Add’ defensive Direct Line to income portfolio, says Peel Hunt

The defensive traits of Direct Line (DLG) will ensure it can deliver an attractive income stream throughout the Covid-19 uncertainty, says Peel Hunt.

Analyst Andreas van Embden retained his ‘add’ recommendation and target price of 300p on the shares, which were trading at 281.5p yesterday.

‘Direct Line’s defensive traits, Covid-19 resiliency, and diversified business model will continue to deliver an attractive income stream,’ he said.

With an average dividend yield in the past seven years of 7%, the insurer is ‘one of the more consistent and attractive income stocks in the sector’, as well as being ‘well positioned’ ahead of the City regulator’s insurance pricing review, van Embden said.

[cl0ckw0rk0range] 15/10/2020 23:33

Well that's a moot point then isn't it, rather takes the fun out of the game.

[encarter] 14/10/2020 16:44

Yep. Some of that was previously offset by holiday insurance cancellation claims but now that they are covid savvy it won't be an issue for next results. Expect another nice divi.

[dope007] 14/10/2020 10:21

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

[encarter] 08/10/2020 19:38

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

[cl0ckw0rk0range] 01/10/2020 18:18

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

[city1911] 01/10/2020 10:51

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 10:08

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 14:09

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

[encarter] 29/9/2020 07:53

Good price to buy then.

[porsche1945] 27/9/2020 23:42

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 17:16

Attractive price on a 2/3 year view?.