RE: OMG fudging figures RNS. . miscalculation .. as if23 Aug 2024 19:37
The market reacted negatively because of a lack of competence by the board to calculate the correct figures for 2023. Doesn’t impact H1 but what other mistakes might come to light hence the slight drop in the SP. Based on what DLG have stated for solvency ratio now at 200% for H1 then we should see a good set of results .
Mpox is nothing like Covid. Anyone who says it is is blatantly lying. However, any news of the disease spreading from country to country will no doubt spike the share price until it comes crashing back down again. Money to be made for sure but extremely difficult to time it right!
The only thing I can think of is that the AIM market predominantly is made up of short term traders. Hence the very low volume until positive news comes of course.
You keep repeating the same thing. I’m not sure who you are trying to convince? Yourself or others. I agree it’s a buy but will be a slow turn around. Let’s see what the results look like on the 4th Sept.
A renewal price can not be any higher than the new quote price whether a customer rings up or goes on line using the same insurer obviously. There is one exception to this where prices generated via an aggregator website can still be cheaper than a customer’s renewal which strangely is still allowed.
RE: SYME - BULL RUN BEFORE AGM ON THE CARDS??1 Jun 2024 16:06
Surely the first WL transaction has to be done and dusted prior to the AGM!! AZ isn’t stupid! It will create a spike that’s for sure but I very much doubt it will stop people selling again (for those who bought in the teens and 20s). No real commercial business exists yet and that’s what the market is waiting for. Obvious I know!
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.