Mystery to me. Presumably analysts going through the results and finding something they don't like for the future prospects. Presentation slides are here:
Dividend actually down a bit after allowing for a return of capital last year.
I read through them this morning and thought they looked pretty good. Was not surprised to see the share price tick up - but then throughout the day the price has been dropping and as of right now, it's 4.2% down.
What's going on? I've looked at the results again and can't see anything to cause concern - what am I missing?
"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
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