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Started: thriller40, 24 May 2024 16:09
Last post: 0777brad, 14 Jun 2024 20:57
Hi all work for dlg and at the moment it's a mess really gone downhill be time to many lazy fat cats 🐈 .but I will say this the new ceo is very switched on and is already making changes and building a hopefully better team around him
Hi all I
Cheap premiums is what messed them up last time. They didn’t react quickly enough to the increasingly claims spend
Neighbour was telling me yesterday he's had his DL requote in for his motor.
Requote £780, last year it was £508.
Thats quite some jump, for an old 2010 banger bmw.
Got the same policy from Aviva for £524 in the end.
Think DL need to sharpen the pencil a bit
How important are you to them tho?
Started: bluebullit, 1 Jun 2024 17:17
Last post: bluebullit, 1 Jun 2024 17:17
Started: thriller40, 22 May 2024 10:17
Last post: eccles04, 22 May 2024 13:24
Forget it, brokers know no more than you and me. A few weeks ago a certain outfit with a name like citi blatantly tried to deramp a well known stock and it worked for a few days before the SP went back up again. What makes me think that some of their pals were able to take advantage of their nefarious scribblings.
I see we have a broker upgrade on the share price for this stock and the improved outlook. it's ashame the ftse is down the last few days.
Last post: drunkensod, 21 May 2024 10:49
Trust, I ask myself that exact same thing! Been with them for about 10 years, but agree there are cheaper platforms these days for trading that do the exact same.
I don't understand why folk use HL. LSE has cheaper transaction fees and no annual charges.
I'm on HL and they put all divi's in an "Income" pot before transferring to your Trading balance at the start of the following month. You can log on and look at the Income tab, but if you want to manually move to your Trading balance you'll need to log-in from the website as you can't do this from the phone app afaik.
20/05 still no sign of mine wtf?
Halifax , I can see my divi now. I’ve got it on auto reinvest
Started: chubbybrown, 20 May 2024 12:19
Last post: KingKevin, 20 May 2024 16:39
I had mine Friday
Mine dropped today
Started: bro-ken-broker, 13 May 2024 11:15
Last post: denby69, 16 May 2024 17:06
Carrington pittance of a div paid to-morrow £0.04p
UK Value stocks now firmly in focus with IDS the most recent to succumb in the Turkey Shoot - no credible company that is being valued at silly money will be overlooked - DLG must be one of them surely - UK Economy turning positive, inflation and interest rates falling - this company must be back in the firing line - follow the money
gla dyor etc
Wondering whether to reinvest my dividend on Friday
Nicely over the 200 line.
Started: thriller40, 7 May 2024 17:49
Last post: Broomfielder, 12 May 2024 15:31
The 'conditioning ' of Insurance customers generally, to a climate where swingeing premium increases have become the norm, will throw increasing focus on the efficiency of individual Companies.
As far as DLG is concerned, the jury remains out.
That view is somewhat borne out by the views of many posters to this bb but, genuine progress being maintained on all fronts could have a substantially positive impact on the SP.
Thereafter, the new Exec appointments and their teams simply have to deliver; and quickly.
Meantime, in the perplexing world of insurance customers, I have to report that my personal home insurance cover quote has just been received and reflects a very significant drop from the previous year (with there being no change in circumstances whatsoever).
Was the previous year's increase simply overdone I wonder when panic seemed to hit the industry?
10th July will be the next big announcement regarding the cost cutting, talk of Direct Line quoting on PCWs, redundancies no doubt, getting rid of dead wood, claims being managed onshore only etc etc.
I would say more than "a slow recovery" these numbers are soon going to show a significant bottom line improvemnt IMO. The market does not seem to have realised it yet and I am glad I bought cheap a while back. I will be buying another £5k worth shortly as it is still cheap.
This is starting to recover to the £2 market. I am planing on topping up while it's still cheap.
Started: swingman, 2 May 2024 12:23
Last post: Heybaby, 3 May 2024 09:12
A lot jumped ship before Adam started.
None leaving yet… Personally I’m happy the new CEO is creating a new team around him and reporting directly to him. That way he’s not being blindsided or given half truths by the existing team who must be trying to hold onto their positions for dear life after the fiasco that’s taken place here.
Let’s see what happens over the next few months. No issues with him so far from me.
So all new extra high pay blokes to pay and no one leaving. This rewarding themselves brought us to this sorry state
Started: bluebullit, 12 Apr 2024 12:10
Last post: bluebullit, 26 Apr 2024 21:39
Thanks for your thoughts...
Yes I am playing it a bit safe atm, 30% in the stock market and 70% in the bank, don't want to be too heavily invested in the market as I have plans for the money beit car purchase or pay off some of the mortgage or start a food van business ..
I bought Dlg because I had been with them for a few years as a car ins policy holder when they were competitive and the dividend was quite good so thought the dividend can pay for some of my insurance policy but things have changed since, as you know Dlg have made a few wrong decisions and I am no longer an insurance policy holder with them and it would be nice to sell my share holding also and put the money elsewhere, Lgen or maybe a fund, somewhere relatively safe and luctrative haha
Would be interesting to know how much retail investor money is in the market...
Why would you choose to keep money in the bank unless you have plans for it. your money works harder while invested than bank interest rates.
Interest rates falling does affect stock values but not because of people moving money out of bank accounts.
Retail investors directly like yourself form a very small proportion of the stock market, and the average lay person dont even bother with stocks and shares, its is institutional investors such as banks, insurance funds and pension funds that move money around from bonds to equities etc and vice versa within the risk tolerance limits.
However gov bond yields help price the value of stocks (ie determine the PV of a particular stock if all other things are held constant (which is never the case)). This is especially true of growth stocks, so NASDAQ 100 for example is quite sensitive to a bit of change in US yields, exactly what happened last week. UK stocks are mostly value stocks with cashflows expected to remain very stable to what they currently.
So if you are more interested in making money due to change in interest rates then DLG is not for you and you should invest in US tech companies!
Bank interest rates are not too bad at the moment, 4.75% in my case, atleast ones capital is at less risk in the bank, in these slightly uncertain times, but rates are looking like might decrease soon hence my wondering what peoples thought were on the subject...
Is it wise to reinvest in the stock market now because when rates fall money might flow back into shares from savings accounts, so shares might seem cheap now compared to 6/9months time ...
I keep little money in the bank it earns more invested than i could ever earn in the bank.
Started: driftking27, 12 Apr 2024 16:57
Last post: eccles04, 15 Apr 2024 10:24
Another wallace who knows nothing about the insurance business
why would you buy into this when you can buy the likes of mng for a bit little bit more and get a heafty div, dlg has proved to be a flakey organisation and badly managed, dont forget when they suddenly stopped the div and left all those heavily invested in the ****e, i had a punt when the rumours were rife but this has a long way to go to be considered a good investment imho dyor
I’d wait and not jump in coz this share is cheap. EVERY SHARE is cheap in UK.
We’re possibly 20-25%undervalued to the S&P competitors.
On that, I would also not see any rate cut this yr, as it’s just going to propel higher which we DONT WANT.
I believe we’re looking at Jan/Feb 25.
Started: driftking27, 13 Apr 2024 23:43
Last post: driftking27, 13 Apr 2024 23:43
The FTSE's 12-month forward price-to-earnings ratio, at around 11.22 compared to the S&P 500's 21.14, representing a discount of around 47%, the widest since at least 1990’s
Will it change??
Started: thriller40, 9 Apr 2024 13:34
Last post: Carrington, 12 Apr 2024 09:55
I like the way DLG is going about its business right now - Jane Poole from Aviva is a really good hire - nobody goes from a really good business like Aviva unless they know the business they are going to is capable of reaching new heights - at the end of the day we know full well that DLG is worth at least 237p as that is what Ageas bid for it - Jefferies said that 270p to 300p a share range would be more in line with recent M&A valuations in the sector - the current share price looks ridiculous to me - car insurance has gone through the roof of late and I am expecting the profits in the next q2 update on the 4th September to be substantial (AGM on 8th May btw) - I have added here recently and DLG is now making up over 10pct of my whole portfolio - follow the money
gla dyor etc.
Am confident this will recover in the long term happy to wait. I've seem the price recover quicky before with this stock.
Started: bro-ken-broker, 5 Apr 2024 09:40
Last post: Carrington, 9 Apr 2024 10:20
Added some more this morning at 187p
gla dyor etc
'RBC reinitiates Direct Line with 'sector perform' - price target 200 pence'
Not much, but a little.
Started: FALCONER-FLYER, 4 Apr 2024 18:34
Last post: FALCONER-FLYER, 4 Apr 2024 18:34
You about taverns, closed my DLG short today mate, brave man's game, lol, hope the JDS going well, posted on there board, there's still the 6mn buy on books at 119p,shorters buy. Keep a watch lad.
Started: driftking27, 4 Apr 2024 10:32
Last post: driftking27, 4 Apr 2024 10:32
To admin, please reset this message board. There is no time for these people that come on here and vent their anger.
Onward and upwards for us investors here. Only have 3769
Started: Thedetector, 26 Mar 2024 12:37
Last post: eccles04, 2 Apr 2024 08:47
Only by pride cometh contention
I have not threatened you, but reported your post for libel.
Good evening.
Oh crikey, I did say no more.As for your threats ,I have no fear of them .Your own comments are worthy of a complaint of bullying.
It seems you are seeking outside aid in this conversation thread.
I have more to say, but alas at the moment am wining and dining my perfect wife and certain of an exciting end to the night.
I will raise a glass for you tonight and wish for you happiness and health for you and your family.
Conversely you must remember me when you too raise a glass.
I will comment later tonight as my seemingly drawn out necessary retorts are are irksome to you.
Keep looking for a later extended dialogue from me.
All the Georgey.
Detector,
You seem to not have the capacity to understand what i have said so seem happy to open yourself to libel. I would seriously think twice before accusing someone of tax avoidance in an open forum like this.
It doesnt take much to understand how children can receive money if not directly given it by their parents. I would take that nugget of help.
I have reported your comments as libellous.
I suggest that's the end of the matter so no need for long and tedious reply.
Maybe stick to investment funds rather than direct investments.
I have never implied that you have done or are doing anything illegal ,on the contrary the total opposite as I stated as these shenanigans are all legit amd kosher.
You haven't mentioned if maybe you have as I suspect maxed out your own and maybe partners ISA allowances when deciding to open an ISA for your 6 year old.
I expect your 6 year old hasn't the capacity to earn cash as yet and undertake the necessary online instructions to invest .
You obviously have not got the specifics of my remit mentally which indicates to me that you have maybe got your knickers in a twist as I maybe have touched a nerve somewhere.
Don't get too upset as you are certainly not getting any accusations of fraud from me as you are legitimately taking advantage of a legal tax reduction course of action as a lot of us endeavour to enact when possible.
I still hold on to the opinion that non tax paying investments should be for working age adults only and not extended to children of maxed out adults.
You have absolutely no basis or fact to pursue a course of legal action. This course ,off tangent thread is clearly a bullying tactic that people use when things and conversations do not evolve to their pleasing.
I feel our conversation must now conclude as we will end up falling into despair the both of us
I truly hope you can forgive me for rattling you a bit as you fired the first shot.
All the best for your early retirement and well done for investing wisely.And of course the best of future to your 6 year old which I am sure will be great with your wise guidance.
Just a wee tip ,' take it easy mate,you will last much longer'
Good luck to all.
Started: Rishiwasteman, 27 Mar 2024 17:54
Last post: AbjectPerformer, 28 Mar 2024 01:06
Click filters above ‘post message’ button in big blue box.
Type name in and press go.
Is it possible to filter posters on lse ?
Can you please let me know how. Thanks
Mary's stalker, thought i recognised the alias.
Filtered.
a complete ***** in a strop time to filter these chumps
5 feedback lol. Let me guess.
Started: driftking27, 27 Mar 2024 14:59
Last post: driftking27, 27 Mar 2024 14:59
When DT wins the elections, we’re all going to be dirty rich again so what matters to be down 12% in break even price. This will be back to a good level by March 2025 via the 🚀
It’s sad, but true.
Started: AmatuerInvestor, 27 Mar 2024 13:12
Last post: AmatuerInvestor, 27 Mar 2024 13:12
Negative article in todays guardian
https://www.theguardian.com/money/2024/mar/27/my-car-was-a-write-off-and-so-was-churchills-paltry-offer
Started: thriller40, 26 Mar 2024 18:25
Last post: thriller40, 26 Mar 2024 18:25
The share price is starting to recover from mondays fall and this stock will rocket when they return to profit later in the year.
Started: bro-ken-broker, 26 Mar 2024 09:28
Last post: AbjectPerformer, 26 Mar 2024 10:21
The difference between dlg and its competitors is that dlg now requires a bit of faith and being able to see the wood for the trees
There isn’t a reason after this year why you can’t obtain dividends comparable to aviva and lgen . But here you can get major SP growth too , if you have faith.
Looks like the long road to share price recovery has started, Greenflag have arrived and got the beast back on the road. Hold
Started: DaytradingHarry, 25 Mar 2024 11:14
Last post: nicknaim, 26 Mar 2024 09:15
Just go the extra hog and buy LnG or MnG £140ish div per 1000 shares, makes this look a bit feeble even if you bought half of that amount
Dlg is worth a buy up to 190p for a retail investor.
Anything above 190p there are other under valued stocks to choose.
Agree with Abject here - the bid at 237p equals the value of the company imv - indeed some brokers were saying between 270p and 300p - for me this is the base line - I bought here yesterday at 181p and will add on the basis that DLG sub 237p is undervalued - the share fits my remit in terms of the dividend at 4p and I will add more on any weakness
gla dyor etc
Just a quick message to holders here.
The share price before the take over was approx 160p
The share price after it has concluded no take over is 185p
The stock market and all insurers have moved north since ageas first bid.
Dlg has moved north by 25p during this time if the ageas bid is removed from discussion
A 4p dividend has been reinstated.
The bid of 237 equates to that 12 month high as at January 2024, when ageas privately instigated take over talks.
Therefore and in conclusion
Ageas did make an opportune naive bid based on a 12 month high which coincides with market expectations. It also coincides with 40% uplift take over expectations.
They withdrew without a third firm offer. Hence naive.
Forget ageas.
Hold or buy more dlg shares. The trajectory is up, and the 4p is just the start.
Love the way you see the good in others. PointlessPostPaul strikes again.
@ Taverham
Covered by the BoM
Mary, are they your insurers for stock market losses?
Was hoping for the160p to add more and will be patient.
Off to renegotiate now with Privilege, wish me luck.
First tranche bought at 181p -
gla dyor etc
CEO has his job to think about. Likely to trade lower for longer DLG is a car crash
Last post: maddmax, 25 Mar 2024 10:46
Told you they should rip their arm off to take it.£1.50 here we go.
Started: AmatuerInvestor, 25 Mar 2024 09:31
Last post: alex1621, 25 Mar 2024 09:55
If a company is at the top of its game and firing on cylinders you really want the CEO handover to be continuity, an insider who understands the culture and way of working, so that good performance continues. But you really want an outsider candidate if the company is bloated and a serial poor performer. And that is the reason why Penny James was the wrong candidate and Adam Winslow the right one.
Winslow doesn't have any friends to upset, so he can crack on with radical reforms that will upset many. When the first redundancies are announced I suspect you will see a positive market response. The tough decisions are not tough, they are obvious. They are only tough for incumbents who have established relationships they don't want to upset.
If you are patient this might well have a positive outcome.
If the board really believes 237p significantly undervalues the business then at 181p we should expect a huge amount of director buying now. If we don't see director buying then will really tell us what the directors think of the current share price