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Started: Alpharius, 13 Aug 2018 21:21
Last post: ripley94, 15 Aug 2018 23:30
A broker rang me on news of offer strongly recommending sell , " look at potential upside to down side " he thought 265p was a very good take. Two days on able to sell just 2p under offer @ 278p and holding .
The big boys might think a counter offer is a real possibility .
any counter offer would have to be 325p or more to release the irrevocables which is not very likely so may as well sell now and move on
Well I'll wait a bit. Esure make good money and have now clearly signposted that they are available to the market.
Always a good possibility of a higher counter offer when this happens. If not sure take half.
Sold out at £2.77, glad to have made a profit, only have one insurance stock left in my portfolio which is Direct line, the money from here will be split between Royal Dutch Shell and others
280p offer - more pennies coming your way .
Started: longtomsilver, 14 Aug 2018 12:16
Last post: longtomsilver, 14 Aug 2018 12:16
Without the dividend there's little point in me holding on. 45% of the vote (funds/Pete) is already written in favour.
Started: marineville, 14 Aug 2018 08:19
Last post: marineville, 14 Aug 2018 08:29
haha! i'm talking pish, of course. just saw esur announced it yesterday... i stand corrected and haughily embarrassed!
how will that not be investigated by fca?
Started: Thedetector, 13 Aug 2018 12:44
Last post: Shalamar, 13 Aug 2018 13:41
The city boys need to be locked up. Insider trading is rife and illegal.
Kicking myself as nearly bought a chunk of these on Friday :-(( and even more bizarre a pals son who works in the city tipped me last week that ESUR and PDL could attract a healthy premium bid this quarter so obviously some in the city knew something was brewing.Interesting they released this today ahead of trading update tomorrow ? so we can assume at worst they are "trading inline with expectations" and maintaining large dividend.Am only holding around 3k worth @ 227p so peeved I did not grab another 10k worth on dip last week !!
Some synergy in the two companies recent trading - Esure has been walked down to near all time lows on nothing and now back to historical peaks with the bid.Petra diamonds has been walked down from even the recent rights issue terp of 62p to a current 38p but apparently currently upping production levels.
I would be interested to know if the II,s are the same trading both of these and no doubt making a mint !
Yes took all in profits ! See if there is a fall back and try and get in again. Can anyone tell me if there is an update on interims tomorrow ?
News from TD direct is that Esure have been in talks with Bain Capital about an outright buyout .This is a possible bid at the moment.I have flogged off half of mr E sure holdings at a good profit,decided to keep in the game here to see what unfolds .
Take in mind that the situation is at possible level when thinking about your moves.
All the Georgey.
Last post: HeresHopin, 13 Aug 2018 12:27
Yes Firwood that sure has happened before ! Might just take a holiday or be greedy and invest in Farn !
It's your day buddy....dont let the seratone rush make you lose it somewhere else :)
Oh my days ! Just bought 15mins a go as a punt on results tomorrow and seen it go up ! What’s happened ? Does anyone know ?
Offer ££££
Started: jl5006, 8 Aug 2018 17:08
Last post: jl5006, 13 Aug 2018 10:36
Rising nicely today ! Results tomorrow
Near 8% rise. Surely good news coming
Maybe good news next week has prompted the rise. Coy website says next event 14 August. Nothing in the financial diary but half year results were out earlier in August last year
Started: driftking27, 5 Aug 2018 18:40
Last post: driftking27, 5 Aug 2018 18:40
Esure got a shout by Fools as a stock that’s been beaten down and says that with growing profits the dividend is safe, and envisages a 7% for next year..
Started: Ampthillmob, 31 Jul 2018 09:20
Last post: Ampthillmob, 31 Jul 2018 09:20
Sabre today released their half year report. Focusing on profitability over volume and declaring maiden dividend.
Started: Ampthillmob, 30 Jul 2018 19:17
Last post: Ampthillmob, 30 Jul 2018 19:17
If positive might add more here. Won't ever catch the bottom and not bothered by a few pence, just as long as the trend has been reversed for the time being.
Started: Ampthillmob, 26 Jul 2018 15:30
Last post: Ampthillmob, 26 Jul 2018 15:30
Make that 4 times
That's my concern.
Started: Ampthillmob, 18 Jul 2018 17:50
Last post: Ampthillmob, 18 Jul 2018 17:50
Tempted to top up - any views as to whether this bottom
Am struggling to ‘read’ this share at the moment. I bought in just before it went ex div, picked up a nice divi and a reasonable profit and sold them around the mid 2.20s. They then went on to £2.40. On the majority of broker comments, it’s a buy and updates earlier this year looked positive. I’m now beginning to wonder if there is something in the background but even if, it has to be already priced in. On the back of all this, I bought in again recently at £2.16 which was just over 7500 shares - it’s not stopped dropping since! I have a similar amount of funds available to buy another tranche but I’m not sure where the bottom is here and I’m just holding back at the moment. Whatever, it’s an opportunity to average down and increase the profit when the tide turns. Good news that GLG reduced their short I hope but who knows. I’ve always done well on E Sure in the past and it is the sort of share where sentiment can change very quickly - just hope it’s positive! GLA and stay strong.
Interestingly GLG increased their short position on DLG marginally, also yesterday, why?
Started: Ampthillmob, 18 Jul 2018 17:47
Last post: Ampthillmob, 18 Jul 2018 17:47
I see GLG reduced their position yesterday from 0.57 to 0.46. Last time they did a similar reduction was 13/2 and still the share price dropped. I have purchased a third tranche as we do look oversold.
Started: jl5006, 18 Jul 2018 17:38
Last post: jl5006, 18 Jul 2018 17:38
Why then is SP down?
Started: bendipa1, 25 Jun 2018 18:54
Last post: bendipa1, 15 Jul 2018 21:12
Bought a few more on Friday afternoon. Have to say I did not expect these to collapse so fast - they were 216p less than 2 weeks ago. They are now down 33% over the past 12 months against a rise of 17% in the All-Share Index in the same period.
Cause for concern?
No brainer at this price! And a good divi!
Bought my first small tranche today at 216p as these have been on my watchlist for a while, and they are being treated in the same way as SAGA, ie the market doesn't want to know, yet both companies are highly profitable. These may well fall below 200p which is my next buying target ftm. But at this level they look like decent value, regardless.
Started: Ampthillmob, 12 Jul 2018 22:44
Last post: Ampthillmob, 12 Jul 2018 22:45
Sorry, meant to remove first line
Have a larg holding here and thinking about
Bought at 2.34 and 2.18. Waiting for Dlg half year on 1st August for direction. See GLG shorting both Dlg and Esur.
Started: vxrandall, 6 Jul 2018 10:43
Last post: bendipa1, 12 Jul 2018 19:52
Heading for 2 year low, with no hard evidence to suggest why the sp is doing do poorly. This looks like another SAGA (which I also hold). May buy some more soon.
Barclays Capital downgraded DLG and it's had a knock on effect with other insurers
http://www.proactiveinvestors.co.uk/companies/market_reports/200229/ftse-100-closes-in-positive-territory-but-is-down-on-week-as-trade-tensions-continue-to-blight-markets-200229.html
Softer earnings in the sector will alter the profitability of eSure who've been expanding aggressively. Possible dividend cut but long term outlook should firm up price. Direct Line might be an entry point as well for me.
would have to wonder why...
May be due to Barclays revised target price of 220p (cf 264p)
Started: Thedetector, 27 Jun 2018 16:51
Last post: belgrano, 3 Jul 2018 10:29
I’ve also bought an investment here. As currently recommended by fat prophets who have an excellent record. Looking for that juicy yield with strong chance of growth. Longer term holder.
Well not much else to do today.Might as well buy another chunk of these babies.Good divi,maybe even a special divi,or even better a TO offer.
All the best to all riskers.
Still in the doldrums - no apparent reason for the drop. A case of sit and wait until we have some further updates. I guess this is a safe but boring share. SAFE is a good buy.
Griffiths - another playing with insurance shares - just like Saga
Started: jl5006, 6 Jun 2018 17:58
Last post: jl5006, 6 Jun 2018 17:58
Anyone noticed any adverse comments about Esure that may help to explain the drop?
Started: Thedetector, 22 May 2018 21:35
Last post: Thedetector, 22 May 2018 21:35
Yes jl5006,going the right way indeed long may it last.I topped up this morning ,nice move since.Bought in a few weeks ago,good rise since. These have good divi and could be a take over target.News is E Sure founder is trying to offload his lot .The amount of shares he owns and wants to sell would trigger take over move.E Sure will fly over 3 quid a pop if he finds a buyer. Nice divi return while we wait for a bid or hold long term for income.Share price history, results,divi yield,special divis and a strong maybe bid have drawn me to E Sure. All the Georgey to all in here.Let,s hope E Sure turns out indeed to be an A star sure thing .
Started: jl5006, 22 May 2018 18:04
Last post: jl5006, 22 May 2018 18:04
Going the right way. Not a lot of adverse comment.
Started: jl5006, 21 May 2018 19:54
Last post: jl5006, 21 May 2018 19:54
This share will not be radical mover - but if it does not lose value- then given its generous divi it is seemingly a safe and sensible hold.
Started: jl5006, 14 May 2018 17:30
Last post: jl5006, 14 May 2018 17:30
About time. Bit by bit upwards - fine by me. I'm in no rush.
Started: Alpharius, 4 May 2018 19:03
Last post: Alpharius, 4 May 2018 19:03
Many brokers have said that ESUR is a stock that does not have much growth potential, not that it is going to decline, just that there is not much room for improvement in the insurance sector as competition is so fierce, also the dividend is liable to change depending on profit each year. It's a boring stock that pays a good dividend.