Member Info for jmp500

I'm currently seriously underwater here, but Peel Hunt's valuation of the business in September 24 was of tangible net assets of £120m, equal to around 47p per share, plus net cash estimate of around £65m, equal to around a further 25.5p per share? So I'm sitting here , trying not to panic and hoping that things will turnaround!

Surely the share price is close to rock bottom (well that's what I keep telling myself!).

Your right it's a disgrace, a lot of investors who bought the shares in the early part of last year or before, will make a loss, myself included.

Signed, now at 1527, long way to go.

Last January on the 27/1/23 to be precise, they gave a trading update.

I am hoping they will do the same this year, as this should give the SP a boost, because in the last update in December, they said growth was up 26% in the first couple of months of the new financial year compared to the previous year, and that forward sales were at record levels. Fingers crossed.

I think that the acqusition of the motability business will be a game changer for DLG, and over time will help to restore its share price. In the meantime, the car insurance market is extremely difficult for those involved to navigate until inflation is under control. At least I think DLG maybe trying to navigate choppy waters, my using Direct Line insurance brand and Churchill(same company) to offer price comparisons. My take (rightly or wrongly) is that Churchill insurance holders may be more risk adverse for DLG and that's why the insurance quote for Churchill was lower. Anyway, what do I know, I am curently £28k down the pan with my DLG investment! I'm holding out for better times, including resumption of the dividend next year, but probably at 50% of previous levels. GLA.

Leapfrog, many thanks for your very informative view of DLG's current situation.

We need an activist investor to come in, the BOD need a good shake up. Fingers crossed.

Can anybody throw any light on today's drop. Not seen any news as yet?

The profit from IP revenue is already very impressive, and has the potential to be considerably higher going forward. As already been posted this is an extremely well run business.

Looks like Swiss Re are selling rest of shares, been on the cards for a while following the 50% sell off last year.
Source: LSE Top News.

My watchlists on the App, are not showing all the stocks, although they are correct if I log into my account on the web. I notified HL. last week, and they emailed me back to say they are working on it. App still wrong today!

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Have they announced the ex. div. Dates yet? Can't seem to find announcement.

Ex. dividend today.

TR64, who you calling a prat! I could respond in kind, but frankly your just not worth the effort. I'm sure an article in the Sunday Times, is more relevant than anything you have to say.

Article in Sunday Times today. Not sure how relevent the article is, as it's behind a paywall. Still after all the doom and gloom merchants on here in the last week, thought it would be nice to find something positive to post.GLA

Sorry Spindler but can't agree that the SP will drop after consolidation. Those that hold the stock for the SD will continue to hold the stock post consolidation, with the hope that the SP continues to climb. Otherwise there's no point on holding the stock at consolidation.GLA

I agree the Platform as gone downhill over the last twelve months or so. I mainly use the app , but I find it constantly looses connection, live prices seem to switch off at various times throughout the day, requiring me to reconnect to get them back, and the app shows the incorrect valuation of my total investments for the first hour of trading.

Well as we know, markets are volatile at the moment, with investors fearing a general pullback after what's as been a surprising market recovery from last March. Sound company with good dividend, but like most other shares caught up in the current market uncertainty. GLA.