Share Name Share Symbol Market Type Share ISIN Share Description
Esure LSE:ESUR London Ordinary Share GB00B8KJH563 ORD 1/12P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 279.60p 279.40p 279.80p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 78.1 98.6 19.2 14.6 1,172

Esure Share Discussion Threads

Showing 751 to 774 of 1000 messages
Chat Pages: 40  39  38  37  36  35  34  33  32  31  30  29  Older
DateSubjectAuthorDiscuss
08/11/2016
12:45
Well, I have cash waiting for tomorrow.
salpara111
08/11/2016
11:24
Trading update tomorrow.... Anybody think the agenda to demerge is to have both companies get taken over separately....would DLG be interested here?...
diku
07/11/2016
23:35
Martin Hughes remains very bullish here adding another 4.6m shares to take his stake above 14%
masurenguy
07/11/2016
11:41
Does this stay in the FTSE250 or gets demoted to 350?...
diku
07/11/2016
11:39
Thanks for that, jontyone.
speedsgh
07/11/2016
11:05
Base cost apportionment and other relevant info now on the Esure website. www.esuregroup.com/~/media/Files/E/Esure-V2/Strategic%20review%20of%20Gocompare/base-cost-apportionment.pdf or Esur - £1.96 Goco - £0.72
jontyone
04/11/2016
11:37
For those who may be wondering how to apportion their original cost of ESUR shares between their post-demerger holdings in ESUR & GOCO shares, the following is taken from the circular re the demerger which was published on 11/10... "Shareholders who are resident in the UK for UK tax purposes should not be treated, by virtue of the receipt of Gocompare.com Shares pursuant to the Demerger, as making a disposal or part disposal of their esure Shares for the purposes of the taxation of chargeable gains. The Gocompare.com Shares distributed to Shareholders pursuant to the Demerger should be treated as the same asset, and as having been acquired at the same time, as the esure Shares already held by Shareholders. The aggregate base cost of the esure Shares and Gocompare.com Shares immediately after the Demerger should be the same as the base cost of the esure Shares immediately before the Demerger. Such base cost should be apportioned between the esure Shares and the Gocompare.com Shares by reference to their respective market values on the first day on which the market values or prices are quoted or published for such shares." My only query is: what were the "respective market values on the first day on which the market values or prices are quoted or published for such shares". Was this the opening prices yesterday?
speedsgh
04/11/2016
09:15
Esure prospers from Gocompare demerger, says Barclays - HTTP://citywire.co.uk/money/the-expert-view-tate-and-lyle-rsa-insurance-and-howden-joinery/a965486?ref=citywire-money-picture-galleries-list#i=5 Esure (ESUR) stands to profit from its split from Gocompare, according to Barclays. The demerger is now complete and Gocompare shares have been admitted to the London Stock Exchange. Barclays analyst Alan Devlin retained his ‘overweight’ recommendation on Esure and decreased the target price from 340p to 245p. ‘Esure shareholders will receive one new share in Gocompare for each share they own in Esure,’ he said. ‘Effectively, if we assume that Esure trades at the same multiple post demerger we expect the new Esure to trade at circa 198p per share, valuing the stock at 11x 2017 earnings. ‘We believe the deal structure was effectively a nil cost way of improving Esure’s capital position, although it has left Gocompare encumbered by high leverage. We believe the demerger is positive for Esure as it strengthens its capital position, allowing it to take advantage of the UK motor cycle.’ Esure shares gained 6.3p or 3.3% to close at 196p.
speedsgh
03/11/2016
14:53
Esure closed @265p yesterday. Todays current Esure price of 197p plus 73p for GOCO provides existing shareholders with a marginal increase in the combined value of these demerged shares
masurenguy
03/11/2016
10:58
And which is worth holding?...GOCO or ESUR?....
diku
03/11/2016
10:54
So what is a fair price for this now?
deadly
03/11/2016
09:31
New thread for Go Compare here. http://uk.advfn.com/cmn/fbb/thread.php3?id=40449458
masurenguy
03/11/2016
09:01
Mild panic resolved when I saw the shiny new go compare shares in my portfolio.. should really pay more attention
avi2014
11/10/2016
13:10
Esure circular for General Meeting re proposed Gocompare.com demerger - HTTP://www.esuregroup.com/~/media/Files/E/Esure-V2/Strategic%20review%20of%20Gocompare/esure%20Group%20plc%20-%20Class%201%20Circular%20-%2011%20October%202016.pdf 16) What will be the impact of the Demerger on esure’s dividends? (pg19) Following the Demerger, the Board does not intend to amend the current esure dividend policy, which targets a base dividend of 50 per cent. of underlying profit after tax in addition to a further special dividend, if the esure Group has sufficient capital and distributable reserves, after allowing for an appropriate buffer and future growth. However, the Gocompare.com Group currently contributes to the underlying profit after tax of the esure Group and following the Demerger, the esure Group will no longer receive this contribution. The fees associated with the Demerger will not impact the esure Group’s 2016 final dividend and will be adjusted for in the esure Group’s 2016 underlying profit after tax.
speedsgh
11/10/2016
13:03
Gocompare.com prospectus - HTTP://www.gocomparegroup.com/~/media/Files/G/GoCompare/admission-materials/gocompare-com-prospectus-11october2016.pdf C.7 DIVIDEND POLICY The Directors intend to adopt a dividend policy which will reflect the Group’s aim of generating value for Shareholders while ensuring that it retains sufficient capital to fund planned growth in its core business as well as both strategic and financial investments. Assuming that sufficient distributable reserves are available at the time and subject to any regulatory capital requirements, the Directors initially intend to target a dividend of between 20 and 40 per cent. of the Group’s annual reported profits after tax adjusted for any exceptional items. Subject to capital not being required to fund organic growth, strategic investments and acquisitions in the medium term, the Directors intend to return any excess capital to Shareholders over time in the form of special dividends. The Directors are not intending to pay a final dividend for the financial year ending 31 December 2016 given the short period between Admission and the start of the financial year. Going forward, it is envisaged that interim dividends will be paid in October of the relevant financial year and final dividends in May of the following financial year in approximately even proportions. The Group may revise its dividend policy from time to time.
speedsgh
23/9/2016
11:14
It certainly was a very large investment. Martin Hughes has previously made a lot of money backing certain companies but he has also made mistakes too - e.g. Healthcare Locums. Therefore you can't always assume that he gets it right, although in this case I don't think his confidence is misplaced.
masurenguy
23/9/2016
09:38
That was a pretty big lump Tosca Funds took on the 20th...over 20m shares / 5% of the company.
stun12
14/9/2016
12:25
Gocompare.com on road to stock market The multimillionaire founder of esure hailed Gocompare.com as his “best investment ever” as the insurer said that it would spin out the price comparison website in a stock market listing that could value the business at as much as £500m. Esure told the market yesterday that after a strategic review it had concluded that separating the companies was the best option for both and would make it easier for Gocompare.com to bring in leading technology industry managers. Shareholders in esure will be given new shares in Gocompare on a pro rata basis, meaning that Sir Peter Wood, who owns just under a 31% stake in esure, will be the biggest shareholder in Gocompare when it lists in London. The flotation of Gocompare is expected to take place before the end of the year and the website is expected to attract an independent valuation of between £400m and £500m. Esure said the costs of separating out the price comparison site would come to £19m. Complete article: http://www.thetimes.co.uk/edition/business/gocompare-com-on-road-to-stock-market-x6jphqdqr
masurenguy
13/9/2016
12:46
Thanks for that, Masurenguy. I enjoy these sum of the parts plays, though did jump into this one a tad early and have only just got back to level pegging. Do you have any views on the relative attraction of the companies? My initial thoughts are to sell off my Gocompare shares if it's as well received as it's supposed to be, leaving the rump insurer for future dividend income...
stun12
13/9/2016
08:32
RNS Number: 6197J esure Group plc 13 September 2016 Proposed demerger of Gocompare.com Rationale for the Demerger: On 7 June 2016, the Board of esure announced a strategic review of Gocompare.com. As part of this strategic review, the Board has evaluated options to maximise the potential of both businesses and has concluded that the Demerger is the preferred option. The Board believes that the Demerger has the potential to deliver enhanced business growth and performance over time, and therefore shareholder value, by: -- Creating two separately listed and focused groups, a leading UK provider of motor and home insurance and a leading UK price and product comparison website; -- Improving Gocompare.com's ability to attract and retain technology focused senior managers, who would join a stand-alone entrepreneurial digital technology business; -- Allowing the separate esure and Gocompare.com management teams to focus on pursuing their strategies independently; -- Enhancing the ability of esure and Gocompare.com to align senior management incentives with the performance of the standalone business rather than the combined Group; and -- Optimising esure and Gocompare.com for the relevant regulatory environments within which they operate and enabling each group to operate with an appropriate capital structure. It is intended that Gocompare.com will be a premium listed company on the London Stock Exchange and that, on listing, the shares of Gocompare.com will be distributed to esure shareholders through an interim pro-rata dividend in specie. Costs arising from the Demerger are anticipated to be ca. GBP19m. Capital Structure Prior to the completion of the Demerger, it is intended that Gocompare.com will draw down on a new GBP75m debt facility and pay esure a cash dividend in the region of GBP63m. The cash dividend will cover the fees associated with the Demerger incurred by esure and provide additional headroom above the Group's solvency capital requirements ("SCR"). The esure Board has considered the risk appetite of the Group as part of the exceptional Own Risk and Solvency Assessment process under Solvency II. In light of the new Group composition, the esure Board believe an appropriate level of capital coverage of its SCR to be in the region of 130-150%. The capital surplus above the SCR provides sufficient headroom to absorb adverse capital events and should enable the Group to continue to meet its regulatory capital requirements which are unchanged post the Demerger. It is expected that the Group will initially operate in the middle to upper end of the range, providing flexibility to fund further profitable growth. Following the Demerger, the Board does not intend to amend the current esure dividend policy, which targets a base dividend of 50% of underlying profit after tax and in addition a further special dividend, if the Group has sufficient capital and distributable reserves, after allowing for an appropriate buffer and future growth. The fees associated with the Demerger will not impact the Group's 2016 final dividend and will be adjusted for in the Group's 2016 underlying profit after tax. Timetable Further details in relation to the proposed Demerger will be provided in shareholder documentation which is expected to be posted to shareholders on or around 11 October 2016. The Gocompare.com management team will provide an analyst and investor briefing to present their plans for the Gocompare.com business in more detail. The briefing will take place on the day shareholder documentation is posted to shareholders. The proposed Demerger is conditional on esure shareholder approval as well as relevant regulatory approvals, and subject to those approvals, is expected to occur in Q4 2016.
masurenguy
03/9/2016
12:59
Could be a very big payday for Peter Wood and the major shareholders when Go Compare is finally either separately floated or otherwise disposed of via a trade sale. Director Shareholdings Peter Wood 128,609,655 Stuart Vann 2,095,042 Darren Ogden 1,210,498 Peter Ward 236,187 María Dancausa 43,725 Martin Pike 40,000 Major Institutional Shareholders Norges Bank 29,435,051 Toscafund 21,525,536 Standard Lifed 20,759,424 Invesco Limited 20,507,884 FMR LLC 19,438,190 Kames Capital 10,005,314
masurenguy
03/9/2016
11:55
Go Compare contributed £14.5M pre-tax profit in H1 of 2016 and should more than double that in the full year. Deducting tax should leave at least £25M post tax profit , which might make Go worth £350M on an IPO or trade sale. Not sure of the book value but it will not be more than 2 X the £95M paid for the 50% share last year So there could be a gain of £150M or possibly more , which is significant with ESURE valued at £1100M. May even be enough to restore the dividend cut!! Just my rough calculations DYOR.
ganthorpe
17/8/2016
16:48
Date Broker New target Recomm. 8 Aug Beaufort... N/A Hold 8 Aug JP Morgan... 340.00 Overweight 8 Aug Deutsche Bank 285.00 Hold 5 Aug Shore Capital N/A Sell 5 Aug Peel Hunt 275.00 Hold 1 Aug Peel Hunt 275.00 Hold 1 Aug Citigroup 305.00 Buy 28 Jul JP Morgan... 330.00 Overweight 28 Jul Deutsche Bank 267.00 Hold 21 Jul Barclays... 337.00 Overweight
grevis
05/8/2016
11:04
I sold out of these some time ago (at less than todays sp) as I was concerned about the rising COR - seems to have been borne out a bit in these results. Rising premiums look good going forward though the drop in the payout is not particularly confidence inspiring. I'll continue to watch.
dr biotech
Chat Pages: 40  39  38  37  36  35  34  33  32  31  30  29  Older
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