Direct Line Insurance Share Discussion Threads

[mo123] 12/10/2021 15:20

Only bought in because the yield beats forecast inflation numbers. The div is forecast to be static for 2021 and 22 (48p in total). So for me it's a bit like a bond proxy and may not be everyones cup of tea.

[partenope] 12/10/2021 15:03

down escalator since early sept. got to be value here surely to goodness??

[porsche1945] 12/10/2021 11:43

2joed

That’s been going on for years, it’s a pigs trough, who cares, invest in a company that provides that service. I had a no fault accident where my RR was hit, they said I was entitled to go in a like for like car and a company called Bristol and london accident management brought a replacement on a transporter and charged Liverpool and Victoria 10,800 quid hire for 5 weeks. ‘Twas ever thus. Starting to build a position in these sub 270 now, will sell at 3.15. Nice trade, shxt investment, like the whole of basket case U.K.

[mo123] 08/10/2021 13:06

Oh well, back in this morning as it appears to be stabilising and div will keep up with inflation, even if no cap growth.

[joedjoed] 06/10/2021 12:30

I am sure it does. Which means the industry is lining the pockets of car hire companies at the general public's expense. Either way, its a wrongun and as a shareholder I feel they should be setting an example.

[yf23_1] 06/10/2021 11:32

Obviously.
It probably works the other way around too.

[joedjoed] 06/10/2021 10:46

This is a bit of a rant directed at Direct Line in particular, but probably the industry in general. Firstly I should state I have been a client and shareholder for years. For the first time I am now making a claim for a car prang. I am not at fault. The other side, Admiral, have admitted liability. Direct Line have sent me a link to Auxilis who they tell me is their "no fault" car hire provider to cover me while my car is repaired. Maybe I shouldn't care, and I expect most don't even read the small print as they won't be paying. But ....this company is charging the other side £180 a day for an S-Max size car!!!! A car which Admiral can provide me through Enterprise for £19 per day. This makes Direct Line look realllllllly bad. Clearly the industry has to bear the cost of this profiteering which means ordinary consumers. I have just been told by Direct Line that I dont have to use them! Sure. But whether or not I do, Direct Line are failing in their due diligence in supporting a scum-bag practice like this by using them in the first place. I cant help wondering if Direct Line get a kick back.

[linton5] 05/10/2021 13:56

Thinking of starting again here fantastic price for first taking sold 322 last time mmmm

[dope007] 05/10/2021 12:44

I like goodyear tyres in the USA. I bought at $16 and have just recently sold, hoping/praying they have a pullback. to me they are cheap trading at almost 1/3rd of sales

[farrugia] 01/10/2021 12:30

rogerramjett - which stocks do you like? Could be a good starting point for research.

[wolansm] 28/9/2021 20:25

Ohhh bless porschit is back

[city1911] 28/9/2021 20:18

The INSURANCE was not necessary obviously lol

[city1911] 28/9/2021 20:10

I still do as an insurance underwriter

[city1911] 28/9/2021 18:16

I only read your first sentence. After that was just hot air. Maybe I know more than you based on what I know from working there. It's a fact that the only reason they didn't get bought out a few years ago was because of their out dated system.

[nellynell] 27/9/2021 21:40

Think they trying to stretch it out so they can keep buying until full year results at this rate.

[warrior boy] 27/9/2021 14:53

Share buyback programme doesn't seem to be doing anything positive for share price When does it ever? Keeping the faith.

[spcecks] 25/9/2021 11:34

Bought in for the first time on Friday for the dividend and hopefully some growth.

[city1911] 24/9/2021 18:47

DLG would have been bought out many years ago had it not been for their out of date computer systems. Now that they have an up to date system and are migrating everything across then DLG will become even more profitable over time. I will give it 2 years and big offers will come in for DLG

[jubberjim] 24/9/2021 18:41

I must be in a minority

Covid less car journeys due to lockdown less claims =?
Petrol shortages less car journeys less claims =

Doh. !
Even Homer can work this out
Will buy the dips

[rogerramjett] 24/9/2021 14:27

Yes. Good point. I am here for the dividend but cannot help but watch the share price and capital erosion. I will be adding to my holding here when I have all my dividend payouts this month.

[dope007] 24/9/2021 11:34

Good company with a stock price controlled by traders within a range