Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Anyone think a counter-offer might emerge, from Markerstudy perhaps?
This is exactly the right approach given market conditions right now. A steady as she goes line will leave esure well placed for when the market turns, which everyone in the know believes will be later this year. Even if the brokers turn their noses up, I think you will find that we are at, or close, to the bottom of the cycle. We may not see the share price as low as this for a good 3 years IMHO. GLA.
Peter Wood has a track record second to none, so I am staying in this one. Motor rates have fallen, but esure's profits remain intact. It's a very cyclical business. When rates move up again, this, along with Admiral and Direct Line will fly. In the meantime, enjoy the yield!
Not sure why Trakm8 didn't issue an RNS? Fortunately I picked it up through another route and got in quickly!
Yes. Everything I see suggests that property (especially in London) is 'the new gold'. Prices are heading inexorably up, so I'm hanging in here!
House prices are predicted to rocket 35 per cent by 2020, rising an average of six per cent annually, the Royal Institution of Chartered Surveyors (RICS) has announced. House price boom not crash: House prices across the UK are expected to increase, rising the most at 9.3% in London and the least at 2% in the North, rising to an average of £570,000 and £132,000, respectively. The steep climbs are being attributed to a number of factors, including the government's Help to Buy scheme, the growing population, and record low interest rates. That came as the Council of Mortgage Lenders revealed that mortgages granted to first-time buyers in February leapt 55% year-on-year, with the number rising to 22,200 with a total value of £3.1bn.
Esure Group PLC (LON:ESUR)‘s stock had its “buy” rating restated by Deutsche Bank in a research note issued on Thursday, AnalystRatings.Net reports. They currently have a GBX 313 ($5.19) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 28.28% from the company’s current price.
The Israeli technology scene has long been a happy hunting ground for deep-pocketed American companies — and, increasingly, their British peers — seeking new apps and services to plunder. In recent years, there has been a push to tempt more of those high-tech businesses to spurn Nasdaq for a London listing, ignoring the fact that the likes of BATM Advanced Communications and Emblaze joined the LSE more than a decade ago and didn’t exactly set the world alight. The new generation of Israeli businesses to tap London investors has been led by Teddy Sagi, the billionaire owner of Camden Market, who has enjoyed a turbulent but lucrative stint as the head of Playtech. The technology business has been the subject of some concern after buying out other companies owned by Mr Sagi, but investors who held on to the shares since the 2006 flotation have tripled their money. Mr Sagi hopes that lightning can strike twice. SafeCharge, his fraud-screening technology business, started trading on AIM yesterday. It had a decent debut, with the stock rising 5 per cent to 169½p, which valued the business at more than £250 million. JP Morgan Asset Management and Henderson Global Investors bought 6.25 per cent and 5 per cent, respectively. The company is tied to the betting industry, as many of its largest customers use its fraud detection software. The float comes just before the Grand National on Saturday, its biggest day of the year. SafeCharge has raised £75 million to fund expansion into Asia and North America, where it is looking for companies with local knowledge and large numbers of customers into which it can plug its technology. It is pledging to pay half of its adjusted profit, expected to be about £23 million this year, in dividends, which will please Mr Sagi, who retains a majority stake. SafeCharge is profitable, cash-generative and has a proven business model in a market that is not going to cool as long as e-commerce is rife with fraudulent activity. Buying the shares is also a punt on the colourful Mr Sagi.
This is one that could really fly. It's an area of massive potential growth. Also, it was heavily oversubscribed, so I'd expect strong demand.
Mar City (AIM: MAR.L) the London, South East and Midlands housebuilder today announces its final results for the year ended 31 December 2013 will be released on Tuesday 25 March 2014. Looking at the price movement I think there are positive expectations!
Yes, rising interest rates are very good news for insurers. They are heavily regulated and have to adopt a very safe approach to investments - i.e GILTS, Bonds etc. Equities are likely to form only a very small portion of the portfolio.
Insurance business owning price comparison sites is normal. Admiral own Confused.com, BGL own compare the market and esure have around half of Gocompare. I think it's unlikely they will be forced to sell, but if they decide they want to there could be a payment. Yield is strong and with all that cash I'd expect the dividend to continue.
Very much still in this one. I think it's got some more to come. Also, there is the Gocompare holding, which it suspect might be sold at some point. That could produce a special dividend?
Halifax not even recognising the name yet. Best gear up for Monday then!
Is it possible for the general public to buy ahead of Monday? · Conditional dealings will commence on the London Stock Exchange at 8.00 a.m. today under the ticker PLND · Admission to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange and the commencement of unconditional dealings in the Shares are expected to take place at 8.00 a.m. on 17 March 2014
Great results in a tough market. Decent yield, and the best bit is that the reserves are still incredibly strong. Loads more buys than sales, don't understand why this isn't flying?
Within the industry these are very good numbers. Great record of year in year growth and consistent dividend are what makes this share one of the best to have owned over the last ten years. The direct players seem to be able to outperform the traditional market on a pretty consistent basis. Worth watching esure as well, which has also risen today, presumably on these results, ahead of its own which are due next week.
Admiral Group plc Results for the Year Ended 31 December 2013 Admiral Group announces profit before tax of £370 million for the year to December 2013, an increase of 7% over the previous year. The Board is proposing a final dividend for 2013 of 50.6 pence per share, to be paid on 30 May 2014. 2013 Preliminary Results Highlights • Group profit before tax up 7% at £370 million (2012: £345 million) • Earnings per share up 10% at 104.6 pence (2012: 95.1 pence) • Final dividend of 50.6 pence per share bringing the 2013 total dividend to 99.5 pence per share, up 10% (2012: 90.6 pence per share) • Group turnover down 8% at £2.03 billion (2012: £2.22 billion) • Group vehicle count up 4% to 3.70 million (2012: 3.55 million) • Positive UK claims development led to an increase in reserve releases whilst reserve conservatism was maintained • 7,000 staff will share £10.5 million of shares through the employee share scheme
Anyone any views on why the drop now?
New CEO now in and seems to have a clear view on what needs doing. Great contract win with Rated People. Things are looking up.