Tim Watts, CFO at Shield Therapeutics #STX presenting at our Life Sciences Investor Briefing Watch Now
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A little flurry today on the back of these results
Does David Stevens know about the prospect of Amazon launching a rival service by selling off a large chunk of shares ?
Another good finish to the day with 1% added even after out of hours trading. Could be 1900p by Friday.
Good to see adm showing improvement in the share price today coinciding with the distribution of the two dividends to shareholders today. If it can maintain the momentum at close today next week should be amazing.
Better day with nearly 1% increase. If after trading doesn't impact negatively we should see a good opening auction tomorrow morning.
Is it just me or does anyone else wonder why this share has lost over 10% since the exdiv date. I appreciate the impact on claims but with a promise of this to be addressed and the underlying strength of this business let alone the good dividend /buyback returns one would have thought by now some recovery to around 1900p should have been seen. Anybody have any comments?
Obsolete....not my understanding of the latest situation! The current assumption is that rate of return on a compensation sum is negative..but if interest rates go up, then this assumption will be revised. Basically, the sum of money needed for a compo claim that ADM will pay out will be reduced...hence profits will increase.
Am I right in thinking that after-hours dealing can only be done by brokers? - not possible by a pi online?
LONDON, February 13 (Fitch) Fitch Ratings says in a new report that a likely reduction in the UK's Ogden discount rate in February 2017 would result in higher costs for claims settled as a lump sum. This could be significant as many payouts are intended to cover decades of costs, so small changes in the discount rate can add up to a large effect on lump-sum payments. The poor profitability of the UK personal motor market means the sector is unlikely to be able to simply absorb increased claims costs.
Type Amount Payment Date Ex-Div Date Record Date
Interim 36.80p 07-Oct-16 08-Sep-16 09-Sep-16
Special 26.10p 07-Oct-16 08-Sep-16 09-Sep-16
Explains why the SP tanked this week.
Can please anyone confirm me if following information is correct or not,,Ex dividend date is 08 sep 2016.and it says 62.9p..is this correct or i m getting wrong information from the website?
Share Views Episode 4. Chris Bailey, Founder of Financial Orbit, talks about Admiral WATCH https://www.youtube.com/watch?v=5naG-5L5PKQ&feature=youtu.be
Ex Div is 8 sept
There is a nice divi and special divi on the way but the buzz is that this is a bit toppy. Mind you they said kaz minerals was going bust lol and, if I had topped up there yesterday instead of taking some of these, I would have had enough for that £2,000 plus premium for the young driver. As it is, I am leaving with not even enough for an old banger and don't even think I have enough to cover the premium for the experienced drivers. However, there is maybe something canny about giving the cheapest quotes to the experienced and avoiding the risky newbies so I wish you all well for ex divi date early next month.
Expect to see a recovery tomorrow
No, not divi day.
The issue is that the Solvency II ratio has reduced, which is making some analysts twitchy. However, from what I know of ADM, they don't carry anywhere near all the risk (they have fancy reinsurance arrangements), so the SII ratio isn't too big an issue in my opinion. Great results and an increased divi - happy days!
Well the market didn't like the RSN, bit of a drop. Or is it divi day?
Not surprised. Car policy due for renewal this week. Premium £201 or thereabuts with spouse as named driver. Quotation for new driver to be added over £2,000 which proportionately for the year is just as high as when a provisional rather a full licence was held. Referred to sister companies to look for a black box or plug in. I know young boys tend to be less cautious than girls but this is a non-starter. Would rather put that £2,000 to good use for a course of advanced driving lessons with enough left over for a lads' week in Ibiza and long weekend in Amsterdam. Alternatively, could have got free driving lessons in the army and learned to drive heavy goods etc. categories but maybe a bit extreme when you are too young to vote.
Apologies for board hopping but-
The petition is going quite well; ~4500 signatures so far. Although it really needs a turbo boost.
This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016.
The FCA don't even reply on the matter, 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.
There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go!
If this petition doesn’t 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. We are currently getting approx. 100 new signatures a week, but need 3x that amount to reach the target with only 15 weeks to go.
At 5000 I will send this to the PM & the chancellor as well as my MP again.
So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so. If each person who has signed can get just one other person to sign then we will double the total immediately. I have posted to all aim listed gas n oilies, currently doing the footsy 100. But I can only do so much to push this. Really need you guys & gals to help. Thanks to all who have signed so far.
We really need a social / media savvy individual to help generate more interest in this.
as more people may be reading the rns may be seeing more buyers coming in , some sellers cleared then more nice sized buys ,as more read the rns here tonight and future days may see more buyers , I had been buying shares in pel after share price drop there , hed planned to buy more today now may buy adm ,, have read this rns again the more io read it and research this share the more interested I become ,while some may have decided to sell and others may be thinking of taking profit I thinking of buying ,each to make their own investing decision
nice to see results , nice to see how profits moving ,also nice to read of employee share scheme ,
Admiral: rainy day savings: Admiral, the U.K. auto insurer, like most, provides for heavy weather. It surprised the market on Wednesday with some sunshine. It clawed back loss reserves from previous years, beating expectations for profits. Customer numbers were beaten, too. The shares rallied 5%. In its favour, Admiral has a low cost base. This is measured by comparing insurance claim losses and expenses to the premiums received. This “combined ratio” has fallen to a very low 73% at Admiral, far below UBS’s estimate for the U.K. industry of 105%. A reading above 100 denotes underwriting losses. While the insurer flattered this ratio with reserve releases, it still shows the company is making strong profits in an intensely competitive market. To stay ahead, Admiral also earns revenue by selling services — such as legal cover — alongside insurance. Such extras equate to 39% of the profit from the U.K. auto insurance division. Rivals, such as esure, have similar business models, so the extras could diminish in importance.
Roughly five blue chips made headway, including Hikma. Admiral (AFM), up 3.07% to 1511p, led on a 1% hike in H1 pretax profit to Â£186.1m, with improved dividend and customers. Imperial Tobacco Group (IMT) wheezed up 0.02% to 3240.5p as it reported continued progress on its strategic objectives and is on track for the FY.