Direct Line Insurance Share Discussion Threads

[woodhawk] 17/6/2018 12:07

Gary, it's in the Sunday Times today - doesn't mention DLG specifically - says Allianz is on the hunt for a "big UK deal such as RSA or Aviva".

[garycook] 17/6/2018 11:44

sufc555,Where is the info mentioned about Allianz from, and if so can you post it ?

[sufc555] 17/6/2018 10:03

Article in times-

Allianz in hunt for big U.K. deal

RSA mentioned but would dlg be a better fit - having more U.K. policies, more divi both in terms of actual and yield, higher profits but 1.75 Billion pounds cheaper. Aviva also mentioned but too expensive?

[kulvinder] 13/6/2018 19:51

It is time it moved closer 370 not 350....

[sundial1] 13/6/2018 18:27

DLG should be doing better now give and take price dropped,After large dividend Payment,Been payed out a while back,looking back large dividend been canclled out with price drop

[garycook] 13/6/2018 09:21

sufc555,The Dividend was 35.4p for the full year

[sufc555] 13/6/2018 09:15

Apologies - I thought they were referring to the paid divi which was circa 38p

[sufc555] 13/6/2018 07:56

Moreover the suggestion of depressed shareprice due ‘increasing competitive pressures’ is made without evidence. There is no suggestion that the market is anymore competitive than it was 12 months ago when the shareprice was £4.

More likely the following reasons for depressed price-:
- negative outlook for all U.K. facing stock due to Brexit
- post ex divi pre 1.8.18
- manipulation of share price pre next divi by insitituions
- worries of soft motor pricing ahead of the discount rate /whiplash reforms being implemented - risk of not being put in place /delayed
- a belief that the current divi is unsustainable

[garycook] 13/6/2018 07:34

sufc555,Its from Motley Fool,but they did get this year dividend correct.

[sufc555] 13/6/2018 07:25

Does this person know anything about dlg - has he just looked for highest divi ftse comp and made these comments - the divi in pence and percentage (the basis of his argument) is wrong isn’t it?

[garycook] 13/6/2018 07:08

A superior income selection

Those scouring the Footsie index for bright dividend stocks would be better served by checking out Direct Line Insurance Group (LSE: DLG) instead, in my opinion.

Indeed, the total reward expected for 2018 at the insurer is put at 30.9p, creating a monster 8.7% yield that blows Barclays’ corresponding reading clean out of the water. While a smaller 29.3p payment is predicted by City analysts for next year, this still yields a formidable 8.2%.

And like the beleaguered bank, Direct Line can also be picked up on a mega-cheap earnings multiple today, the company trading on a forward P/E ratio of just 11.4 times. This low valuation reflects the increasing competitive pressures the motor insurer is facing, but I would argue that it also undermines the fact that demand is still soaring across all of its product lines. In my opinion the business is worth a close look today.

[sufc555] 13/6/2018 07:04

Last night House of Lords were defeated (just) next stage is House of Commons

Peers vote against cross-party amendt (18) to #CivilLiabilityBill - 218 to 205 - against ensuring damages for whiplash injuries are decided by courts rather than #LordChancellor

[kulvinder] 08/6/2018 13:49

I bloody well hope so.....massive income earner - come on Guys!!!

[basem1] 08/6/2018 09:13

Getting into buy territory again !

[sufc555] 06/6/2018 18:25

Discount rate one off benefit - civil changes see capital economics assessment

hxxps://www.accesstojusticeactiongroup.co.uk/wp-content/uploads/2017/03/CE-Report-An-Analysis-of-the-Proposed-Whiplash-Reforms.pdf

[sundial1] 06/6/2018 18:01

Can't be a special dividend,Now price Is More likely equal weight. with having Share price down.

[podgyted] 05/6/2018 16:50

Change to the Ogden rate resulted in a one-off charge of 230m in 2016 accounts so an improvement will give a one-off credit. However, the benefit on an ongoing basis, due to competition will end up in the hands of the consumer.

[kulvinder] 05/6/2018 16:45

Got batteted again, another poor day on the markets today.

[masurenguy] 05/6/2018 11:13

So you can't substantiate the basis of your £350m figure - just purely guesswork !

[sufc555] 05/6/2018 09:47

Do your own research - discount rate / increase in small claims limit / tarrif based system for whiplash claims

[masurenguy] 05/6/2018 09:29

How will the CL legislation enable DLG to save £350m per annum ?

[sufc555] 05/6/2018 08:43

estimated saving for DLG per annum if changes are put in place 350m

[sufc555] 04/6/2018 22:37

For anyone looking for short term gain in this stock please follow the civil
Liability bill which is currently at commitee stage in the House of Lords - due to go live in April 2019