||EPS - Basic
||Market Cap (m)
Hastings Group Share Discussion Threads
Showing 1 to 24 of 25 messages
Chat Pages: 1
|Essential - I have not - motorcycle insurance is the tricky one - 3 big Harleys and a BMW - I am now going down the route of talking directly to insurers with a view to having a private "fleet" policy, if that makes sense.
Odd that living in rural Mid Wales that the premiums are so high. Must be because I have advanced motoring and riding qualification, locked and heated garages, the estate is secured each evening, all buildings and outbuildings are alaramed with redcare, motion sensors for lighting and CTV covers all outside entrances, parking, driveways and the interiors of garaging and storage..... oh and for good measure, there is electronic tracking on the Harleys
Perhaps if I were some delinquent herbert with a series of ASBO's to my credit, unemployed and a string of offences pending....... ?|
|EJ, have you not tried Direct Line out of interest?.
And 3.5K is a fair chunk.|
|What a hopeless outfit...... attempted to add another couple of vehicles onto my policy with them and it started with a barrage of questions to identify me - 8 and I was not prepared to answer any more impertinence. Customer services were little better.
A representative rang me back. As they had terrible diction, I could not even elicit their name despite asking 4 times. It might have been John or Tom or Jim or Tim - it transpired neither and I was transferred to another bloke, Giles.
An hour later and no further forward. Have taken matters up with executive level complaints. I know my account is only worth about £3,500 premium each year to them, but have a 42 year NCB with neither accident claim nor conviction in that time covering well over 1m miles by car and a further 200,000 on motorbikes.
Money for old rope I would have thought to add another car and a motorbike onto the policy. Can only ride or drive one at a time.|
|sold out today, probably to early again though we will have to wait and see|
|nice breakout over the last few days, maybe a bid forthcoming from new slarge shareholder or is it just the broker upgrades|
|heavy trading in auction, breakout time or a fat finger?|
|Good news on Hastings today relative to the Direct line and Admiral. Direct Line and Admiral hit badly. Esure (1ST place) and Hastings (runner up) in much better shape.
What an absolutely ridiculous decision by the Government. Guaranteed to add 5% to insurance premiums from March and destabilising the insurance industry in the meantime as none of the companies were projecting such a low discount rate and this hits their capital surpluses. To me a negative discount rate is ridiculous. I'm an accountant and don't see discount rates below 1% on anything I look at. Having a negative discount rate looks and is totally ridiculous and a direct result of printing money. The government are stoking up massive inflation for later in the year. First food and energy, now insurance. What next?|
|There was a statement made that the interim dividend would represent one third of the annual total , which suggests 3.3P interim plus 6.6P or 6.7P final , making say 10P for the year.
That's about a 4.4% yield at 230P which makes sense , although on the low side compared with it's peers . So they need superior growth to justify their valuation?
|Morning CWA1,Ok message understood.Just making the comment that there are better choices in the market than HSTG.|
|Morning GC. Don't shoot the messenger ;-) I was just passing on the estimates, wasn't suggesting they were good, bad or indifferent!|
|CWA1,That is still only gives a 3.68% yield.You would be better off investing in GSK 5%, NG 4.6%,VOD 5.6% off the top of my head.Plus the Non-Life Insurers mentioned above.3.68% is a poor yield for a Insurer.|
|FWIW, the only estimates I have seen are for 8.68p and 10.26p year ending '16 and '17 respectively.|
|What is the predicted yield on HSTG.I see 3.3p was paid recently.So is it another 3.3,making 6.6p.That would only equate to around a 2.8% yield.Money would be better in ADM,BEZ,or LRE.6.5%,7%,and 9% yield respectfully.Even DLG Yielding 8.5%,is a better buy atm.Also HSTG looking expensive at 235.50p|
|margins are increasing because of lower whiplash claims so profits should increase rapidly?|
|THAT IS WHAT I THINK WITH A LARGE NUMBER ENGLISH COMPANIES BEING TAKEN OVER AT THE MOMENT
WORTH A PUNT WITH LIMITED DOWNSIDE HOPEFULLY|
|Interesting deal today at above the market price.
Market reaction rather limited - anything under 250p looks like an interesting buy?|
|now NOR on chart and I wonder if it is a good buy on fundamentals ?|
|"We are firmly on track to meet, or beat, all of our targets."
|Breaking out on todays update.
Push push pussssssshhhhhhhh!
Damn you 180! ha|
|I've bought a few ahead of the results. Looks a quality company. Missed an opportunity to get in a bit lower, but look pretty cheap anyway as we look towards 15p EPS for next year.|
|Tuesday 15 March results published|
|Very strong update today.
Noticed these guys when running the annual insurance quotes - pretty much always at the top of comparison sites. Hell, I even booked my insurance through them.
Trading at least in line with expectations:
"The Board is confident in the Group's ability to deliver continued strong performance, in line with, or ahead of the targets communicated during the Group's IPO."
Should be headed into the FTSE 250 in December so an added catalyst there.
Headed higher imo
Sphere - long|
|ITF - hTTp://www.investegate.co.uk/hastings-grp-hol-ltd/rns/intention-to-float---ukla/201509150700290315Z/
Announcement of Offer price - hTTp://www.investegate.co.uk/hastings-grp-hldg-ld/rns/announcement-of-offer-price/201510091819228791B/
Prospectus - hTTps://www.hastingsplc.com/files/file/download/id/39|
Chat Pages: 1