Direct Line Insurance Share Discussion Threads

[mo123] 09/11/2021 12:28

Buying back in below 280 as I expect to see travel and car ins premiums increase going into next year. On the motoring side, it's mainly due to the supply side disruption of chips easing and second hand values start to fall as buyers look for new models.
Still a bit of a bond proxy share but with a yield of over 8%, that in my book is quite acceptable.

Hi Porsche. What price are you looking to get back in at?

[linton5] 09/11/2021 09:57

Strange wAtching some stocks shot up with tons o debt and others well run debt free and good books linguish just dosnt make sense

[dope007] 09/11/2021 08:10

Typical of the UK mkt

[linton5] 09/11/2021 08:03

Scandalous price that’s all I’m saying

[dope007] 09/11/2021 07:57

Should be well over 300p

[boystown] 09/11/2021 07:16

All tickety-boo afaics, with and a reasonably benign outlook:

"We reiterate our medium-term target of achieving a combined operating ratio in the range of 93% to 95%, normalised for weather. For 2021, following lower than normal claims frequency in Motor and strong prior-year reserve releases, we continue to expect a combined operating ratio in the range of 90% to 92%, normalised for weather."

[cwa1] 08/11/2021 16:13

Anyone else thinking of a few more on the eve of the update? :-)

[coxsmn] 05/11/2021 18:26

A close above 316p next week would be super.

[cwa1] 04/11/2021 10:16

Update on Tuesday, should know a lot more soon

[lord gnome] 04/11/2021 10:15

Just traders jumping in when they had a rumour that a bid was imminent and then jumping out again when they discovered there was no bid. Business as usual for most people. Our market at its best.

[linton5] 04/11/2021 09:58

I’ve got some so always on my watchlist bud

[prokartace] 04/11/2021 09:55

Well you would laugh if you didn't own shares!

[linton5] 04/11/2021 09:39

You’ve got to laugh 316 one week 280 the next and not a word anywhere on what that was all about

[dope007] 02/11/2021 10:19

It's the UK mkt being the pathetic UK mkt it always is. Only interested in selling off our companies for a quick profit rather than backing them properly

[nerja] 02/11/2021 09:51

Well I have topped up, hopefully the 280p is the bottom for this cycle, but some strange move last week to go from 280p ish to 320p in such a short time.

[dope007] 02/11/2021 09:06

Lols, and the spike is gone...

[dsct] 31/10/2021 19:04

Hello ADVFN'ers

Having recently started investing in High Yield shares for a SIPP, this company is one of the investments.

The surprise (to me) was the annual income amount from these, which will be re-invested - into the same / similar.

So far, invested equally in these 10 companies - Hopefully fairly high yield and also diverse:
DEC DLG EVR IMB LGEN MNG POLY PSN RIO VOD

Investing yields (monthly) from these into ULVR and GSK to build up to the same percentage stake in all 12 holdings.

Rump holdings from before this strategy are : AJB, GRG, PTEC and SHOE - These may be sold to supplement her HY strategy.

Main reasons for posting - apologies for the repeated post on the boards of these main holdings.

1) I read these individual company boards, and would like to thank posters for their insights, thoughts and news.

2) Does this make sense ? - Are there any major problems regarding this scenario ?

3) With a 5-6 figure portfolio, is this putting too many eggs in one basket ? 10-12 shares.

4) Any HY shares missing, not in sectors covered ? - Would prefer not to diverge into non UK companies, unless there's a valid reason.

5) Is there a HY ADVFN thread that may be useful to read ? I used to enjoy The Fool HYP board, and do read quite a lot of investment HY articles.

6) Usually investing in smaller, more speculative companies, I find these large company accounts much more difficult to read/analyse, so leaving it to the yield aspect (mainly).

7) I am also starting to put together a 'fun' yield portfolio, from which I aim to obtain a daily dividend, but that's an entirely different subject ! lol

Thank you all, for your interesting and valuable posts, and for any suggestions I can research.

[dope007] 31/10/2021 18:18

I find it funny that the fall is being attributed to lower insurance premiums. Lower premiums as a direct result of lower claims.....So a zero sum game in reality

[coxsmn] 31/10/2021 12:07

Extremely good value here so does deserve a higher rating imho.

[justiceforthemany] 29/10/2021 22:34

Volume yesterday was at least double average and possibly as much as 4x

Has to be a reason for this.
Who was buying??

No holdings RNS

[city1911] 29/10/2021 18:35

Ignore it hahaha. From July ffs

[city1911] 29/10/2021 17:38

Found this but that was nearly a week agohttps://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/955842