Direct Line Insurance Share Discussion Threads

[essentialinvestor] 12/1/2017 13:09

Jon I'm only dancing, good luck with that, may well be available.
Looking at add a few more.

[jon123] 12/1/2017 12:47

put a cheeky buy in at 338 lol maybe it will get filled maybe not

[essentialinvestor] 12/1/2017 11:19

Think that is well known?, it's the tightening up on whiplash claims.
It should reduce motor insurance premiums.

[speedsgh] 12/1/2017 11:15

Thanks for that, sporazene. Do you have a link to the article? Or an article title?

[sporazene2] 12/1/2017 10:58

read an article in yesterday's FT that DLG and ADM are weak as there is a review ongoing regarding compensation claims in car accidents that could negatively impact DLG and ADM. Review outcome expected at the end of Jan.

[diku] 12/1/2017 10:51

Anybody think ESUR would be a good fit with DLG...DLG could easily bid for ESUR...

[linton5] 12/1/2017 10:44

Yip your right speedsgh must turn soon

[speedsgh] 12/1/2017 10:41

diku - Sector weakness imo cf. ADM

[diku] 12/1/2017 10:24

RSI is looking oversold...surely a turn coming soon...hope nothing a miss here..

[essentialinvestor] 12/1/2017 08:29

Missed that, got 3.4525.

Talking of missing, may be I am missing something here/or the FEB FY
contains some unpleasant surprise, if not DLG looks reasonable.
If wider markets sell off hard then about everything is going lower.

[linton5] 12/1/2017 08:22

I couldn't get funds quick enough for 344 Im ready now if it drops again

[essentialinvestor] 12/1/2017 08:17

Another very small amount.

[jon123] 12/1/2017 08:17

i know what you mean EI about finding value watching this closely chart support seems to be in the 340 area may dip my toe in around that level and see what happens

had a look at HSTN looks interesting but will watch for now 100p chart support there as you say need a bad day lol

[cwa1] 12/1/2017 08:16

Morning

Pbssible reason for this morning's pullback: Direct Line Cut to Underperform at Macquarie From 345p to 295p FWIW.

My contrarian muscle twitched though and decided to take a few on board at 343ish. Doubtless WAY too premature a purchase but time will tell.

Good fortune to all holders.

[essentialinvestor] 11/1/2017 11:44

Just added a very small amount of DLG under 3.50.

TBH find value difficult see atm, perhaps not looking hard enough,
market looks pretty fully valued.

Bought some HSTN since the New Year, it's better looked at on a bad
day or week may be- view on HSTN is a longer term income holding rather than short term
no advice intended as always.

[linton5] 11/1/2017 11:30

Well I've just added that's me done,do you see any bargains out there essentialinvestor

[essentialinvestor] 11/1/2017 11:26

Would think you will get an opportunity to add PHNX lower,
depending on what you call lower.

Very low volatility for wider markets atm with this grind higher,
there are bound to be some sharp sell offs even if the up trend continues.


Would be surprised to see DLG much below 3.40, but just my best guess
and that is dependent on trading continuing in line with expectations.

[billy5] 11/1/2017 05:26

Yes, I am waiting for PHNX to have a slip back before I dive in. The M on S didn't help by tipping them , just at the wrong time.

[linton5] 10/1/2017 16:18

Ftse due a wee down day essential probably tmmw that's 8 in a row up target 7320.some insurers are cracking buys

[essentialinvestor] 10/1/2017 16:12

If you relish going against wider market trend then you love DLG atm!.

Tempted.

[linton5] 10/1/2017 15:56

I'm gonna wait for 352 if it doesn't so be it GL

[linton5] 10/1/2017 15:46

I done the same as you on Cnct but waited till yesterday to sell,I don't care about divis

[billy5] 10/1/2017 15:41

You may recall our conversation about CNCT, I bought 15k at 141 and sold at 151. They touched 158/9 in recent days. I am happy with the £1500 profit instead of £975 divi.
I have gambled that the same will happen here.
Over the past three years they have paid out 26.8, 44.90 and last year 32.90. The price has peeked at March/August at around 400p. At c.360p there is a very good profit to be had and I can sell and have the capital back in circulation.

Not very scientific but who cares if it works.

Good luck.

[linton5] 10/1/2017 14:31

Next resistance for Lloy is 72 as breached 65.90