Direct Line Insurance Share Discussion Threads

[cumnor] 21/5/2021 12:08

Great Divi-makes a real difference irrespective of short term share price fluctuations.

[bothdavis] 21/5/2021 12:05

Love the FTSE 100, has been a reliable dividend payer in the last 25years.

Had excellent share price rises from some unexpected sources!

Buy British!!

[porsche1945] 21/5/2021 11:00

Probably best this stays out of the ftse 100, its doomed, cant hold 7000 level, same price it was 3rd Dec....1999. Just shocking, anywhere else you would have 2x’d plus your money...tories have been a disaster with all their selfish impoverishing infighting that has resulted in foreign outflows and sterling down against dollar 11 years in a row. Cant see an end to it, buy S&P growth and apart from a few trades like this dump UK, terminal.

[lyceeuk] 21/5/2021 07:45

Halifax still waiting

[micos] 21/5/2021 06:17

Not in at I-web

[boystown] 20/5/2021 22:34

Both EQI and Hargreaves have ponied up

[hallucinogenix] 20/5/2021 21:56

Cheers wllm - At least it's not just me then, i guess it will be sorted at some point, but thanks for letting me know.

[wllmherk] 20/5/2021 21:42

I'm with Halifax and haven't received mine either,

wllm

[linton5] 20/5/2021 20:48

Sold mine at 320 just before bought back 285 so I’m happier with that been caught so often with dividends it doesn’t pay

[hallucinogenix] 20/5/2021 20:09

Thanks for the replies - maybe its just a Halifax issue. Hopefully get sorted over night...

[woodhawk] 20/5/2021 19:42

Received first thing this morning with IG Index.

[city1911] 20/5/2021 19:30

Haven't been paid mine and I work for them!!! Lol

[lord gnome] 20/5/2021 19:00

Received with ii.

[rik shaw] 20/5/2021 18:51

Received today with HL

[hallucinogenix] 20/5/2021 18:45

Wasn't the dividend payable today ? Anyone received theirs from Halifax PLC, usually received mine by this time ...

[linton5] 12/5/2021 13:05

2 car insurance companies where taken out in last few years I just can’t remember there names though e sure I think and other

[father jack1] 07/5/2021 08:16

Yep, that is the drawback with trading this, always a chance you could be out when a takeover approach comes along. I reckon 5.5bn would be difficult to resist.

[wba1] 06/5/2021 21:38

wolansm; if you prefer to be a cheerleader/ramper who is only able to demonstrate a complete lack of any knowledge of the industry you would do better to infect the LSE boards. Good riddance.

[griffmeister] 06/5/2021 21:10

TBH, that's my biggest worry when I trade this stock.....knowing my luck, I'll be out of it when they are taken over.

Fortunately I was in Esure when they were bought out....think it was an immediate 30% price increase.

[sufc555] 06/5/2021 18:53

Zurich are the likely purchaser - 6.5bn will do it

[wolansm] 06/5/2021 13:49

Why don't you become an advisor to them since they make so many mistakes, personally lack of downside and a great divi, taken or left with potential 10% upside will do me, so once again whatever and why bother being here bye bye

[wba1] 06/5/2021 13:03

wolansm; my view is based on 40 years in insurance rather than market theory. The problem with DLG is that it will be more affected by price walking rules than any other UK insurer. They will need to find new ways to attract new business when the new rules kick in as they cannot loss lead. This means that a shrinking retail book in the run up to the rules is a real problem as restarting growth in their core retail book will be very difficult. The underlying question is whether they should be willing to take short term lower margins to maintain or grow the book into those rules, and then manage the book for retention more than new business. Not an easy question.

And what growth they have reported throws up too many questions. If they see Darwin as a driver of profitable growth they are in for an awful shock.

If you said these issues affect all insurers you would be right, but the difference is the degree of reliance of DLG on affected UK retail business. Others like Allianz, Aviva, Zurich etc have only a small part of their books in that area. But I do not see DLG as a significant downside risk as, if they do not make progress they will be taken out. The current market cap would make them an easy snack for the big players.