"American poet William Cullen Bryant described autumn as "â¦the year's last, loveliest smile". In a similar vein, the Conservative party will be hoping that the Autumn Budget will provide a last gasp victory in a year where political battles have ..."
"The controversial change to the Ogden discount rate, which is used in determining personal injury damages awards, continues to be a thorn in the side of the insurance sector.Half-year results from LSE:ADM:Admiral, which owns Confused.com and ..."
Considered it. Significant fall since its peak pre results. The gap at 20th July is now closed. But given that the SP is likely to fall by at least 62.9p on ex divi day, I don't see a profit here for new buyers. May buy in if there is a further significant fall ex divi.
It is coming off an all time high. So bound to be a bit of profit taking.
The price has only fallen back to where it was a month ago.
Perhaps more concerning is the outlook which is looking more uncertain.
I was tempted to buy, but, whilst the price might recover a bit from today's fall, I suspect that the company is fully valued at around this level and is not worth the risk of putting new money in.
Yeah - I read the results and I thought they looked great. I'd expected an uplift in the price. Maybe it was already anticipated and priced in. Does seem strange to have such a high drop - no idea why.
This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016.
The FCA have finally replied, saying its nothing to do with them as they only deal with market abuse & insider dealing, now is your chance to have your say.
If you hate seeing buys reported as sells etc!!!!!!
Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.
My local MP supported this petition by writing to the petitions committee to help un-stall it.
Theres 650 MPs in Westminster, So have you written to your MP? 649 to go!
If this petition doesnt reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. ONLY 8 weeks to go !!!
So If you havent yet signed or indeed have but havent passed it on to others, then nows the time to do so.
2% up today and 20 day MA flattening, MACD & Volume green.
Could it be this article?
With petrol a bit cheaper and new number plate recognition in action maybe the uninsured drivers have had their day. A few false claims merchants jailed in Bristol last week. All good for Admiral.
LG, thanks for update. I swapped my Esure for Admiral when I saw your buy. May just get out for even soon.
Bought and sold TLPR again, seems to be a good trading share, up 10 then down 10. Bought Jimmy Choo, just joined stock market, sell my original stake when it doubles, shares cheaper than shoes at £400 - lol
I've recently bought in for ADM stock.
Dont worry people, low revenue is only due to the falling of rates in the market but customer base was up overall. ADM are not doing anything wrong or suffering in anyway.
I have good info that overseas development is about to gain a lot of internal investment on time/effort and until now has done 'okay' without any real effort. Once that effort starts, it could be very good for shareholders over the next 1-2 years if your planning a long term hold.
OK should have got out when it went over £13.40 after divi but decided to stay for the next 2 divis of nearly 8% in total. If it goes above £14 again I will think about selling but can't see us stopping driving and good revenue from overseas.
I'll take comfort from NUMIS report. Would double up here if I did not have way too many. Good ride on Vodaphone and Sainsbury today so not all bad news.
Long-term opportunities for Admiral after short-term pain
Admiral (ADM) took a hammering last week as the car insurer warned about declining turnover and falling premiums, as well as weaker trading in its Confused.com business.
However, Numis analysts believe there is still long-term potential.
Shares in Admiral are down by more than 5% at £11.95 since the company issued the warning last Friday. Analyst Nick Johnson retained a buy recommendation but lowered his price target to £15.50 from £16.40 after third quarter results showed total turnover was down 3% to £513 million.
We have lowered our target price to £15.50 to reflect weaker near-term earnings and consequent dividend uncertainty, said Johnson. However, we remain positive on the shares given substantial longer-term growth potential, which we think remains intact given Admirals competitive edge in the UK and developing international expertise. In addition we think a turn in UK motor rates is becoming more likely in 2015.
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