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is starting to become uninvestable. it'll simply be a share for traders at this rate. regret buying in now! oh well...
whilst Admiral are up 0.4% and Direct Line are up 0.9%. buys exceed sells today, markets are up, no bad news announced......and still they take it down.
where Esure is comfortably down, whilst Admiral and Direct Line are both up. can't even be kept up with a 11.7p divi in about 6 trading days. I'm becoming wary of this share now . I hold ,but am becoming tempted to get out with a very small profit now.
I just think that Esure consistently underperforms its peers in this sector . It's a frustrating share to hold. Those holding from the IPO must be especially unimpressed with the share price currently . It seems to be morphing into a trader's share rather than a long term investment.
With an average broker price of about £2.50 and the divi they are about to pay out?
That's it for me for now...unless she goes sub 200!
A perfect example of a classic Esure down day...will see how it starts tomorrow - will probably add on any dip into the low 210s
Yes, I saw you on the HOC board - nice work. I sold a quarter of my holding at 85/6ish from an average of just under 69p. Still holding 30,000 and doing me very nicely indeed. Another good rise today. Anyway, back to Esure! It is rather unloved , I agree....I hold 12,000 at a 216p average - not sure whether to add more currently .
'Got in at sub 222p today so looking at a 214p average now... & may add again if she really drops, Ex-Divi'....
Hi dduck, Yes, I agree unloved but still 1.5 million customers! & so I put some of my 48% HOC profits in here.... VBR, as ever Blue
haha! Hi Blue, yes, it's a good income share. Seems to suffer from a lot of negative sentiment though, that doesn't appear to affect Admiral and Direct Line. At this price I think Esure is a pretty safe bet. It's a 5.1% yield off the final divi. alone, let alone taking the interim into account. Even allowing for a possible cut next year(?), then it should still yield over 5% which easily beats any bank account.
Hi dduck, I'm not following you...just the good Dividends & where ever they are, you are! LoL I'm tempted to add some more myself here as well as it's a jolly fine "offer" Best regards, Blue
9 trading days until it goes ex-div.. looking for consolidation around the 230 figure prior. gives a one off yield of 5.1% at the current share price (228)
gets manipulated so badly....down 3.5% currently...on what? some broker downgrade?! Admiral and Direct Line both nicely up, markets up, plus Esure has an 11.7p divi. in 16 trading days... well, I have added a few more
Recovering nicely... GLA & Best Regards, Blue
good to close back above the 10 day SMA.
well, hopefully! in as much as it brings in revenue and profits to the main group, then yes, it is an asset
True, but as one who absolutely hated their advertising, is GoCompare much of an asset? Thankyou Goldenshares for giving me good reason to dream on.
they now own in full the GoCompare brand
Most insurers pay out less than 5% in dividend so are probably overpriced imo,none of them are going to increase revenues greatly in uk as it's a highly competitive market (opinion). Esure is paying out a smidge under 17p in dividend so a fair valuation for a 5% dividend would be about 330p. Therefore undervalued and quite possibly a takeover target given its capital size in my opinion as a humble amateur investor.
Is Esure a takeover target? Would welcome your opinions.
Just increased its holding to 5.23%. They can see value at this price. GLA, DYOR etc.
Which company is the best buy? Admiral's growth record is impressive, but I feel that the firm's share price already reflects likely future growth: trading on a 2015 forecast P/E of 16.4, there's plenty of scope for disappointment. Direct Line looks cheaper, on 13 times 2015 forecast earnings. I believe this firm should be a solid long-term income buy -- although you should remember that the firm's headline yield includes special dividend payments, which will vary from year to year. Esure is the smallest of the three, but does look quite cheap, trading on a 2015 forecast P/E of just 9.5 if 2015 earnings forecasts of 23.5p are maintained following today's results. I reckon the shares are a cautious buy. https://uk.finance.yahoo.com/news/esure-group-plc-slides-direct-103425175.html
I would have thought that the 11.7p will act as some support to the price, even if there is further market weakness.