Member Info for lewistuffnell

Really positive half year results, jump today?

Sainsburys business has a higher % of business but a lower % of profit. The way the company has moved over the last 4 years is resounding, I fully expect this momentum to continue and the results show a now increasing customer base. Not only is the attracting new customers but also retaining customers at renewal. As I have said from the beginning this is a sound company with a very large potential to dominate the UK market in years to come.

We certainly did! Are you continuing to expand your holding or holding tight until then?

Really looking forward to the Q3 results on Tuesday. Hope to see the progression continue.

Poor set of results when you compare with DLG. Market is keen to stay away

Some great figures today I believe, slight increase of written premium is a huge change. Profits soaring!

No take over news as far as I'm aware. No other details regarding a change to proposed dividends. Consistant rise is aided by recent reports showing that Inusrance premiums have risen 5% in the last 3 months. Very happy with progress made.

Released today 27.5p total proceeds from the sale.

Total divi is 12.8p so today is in rela terms a rise

some very good figures reported today, slightly surprised that they are keeping us hanging on the special divi.

Further to comments made about whether the sale of the foreign operations would be diluted. The sale was agreed at €550m, this with todays closing rate of exchange would provide 26p per share to be returned if in full. I would expect this of course to be lower however it would still represent a large divi to be returned on top of the yearly which I expect to be around about 12p again.

Anyone have any predicitons for close tomorow? Hope 350p personally

Yes, holding 3k since start. Progressive keeping me put :) A month away from announcement

A total Div of 46p would be great. No concerns over the delay of the annouced sale of European operations from me

I'm always here, not pleased that it's just us looking at your name! Merry Christmas. Still awaiting confirmation on special divi

Shore Captial came out of the dark almost exactly a year agao today with a sell, the 30% upturn we've seen since I would hope is replicated.

31.10.2014 Interim Management Statement for Direct Line Group for the third quarter and first nine months of 2014 Interim Management Statement for Direct Line Group for the third quarter and first nine months of 2014 Direct Line Group’s Interim Management Statement relates to the third quarter and the nine months ended 30 September 2014, and contains information to the date of publication. Highlights Gross written premium for ongoing operations1 5.0% lower for the first nine months of 2014 compared with the same period of 2013, reflecting lower gross written premium in Motor and Home, partially offset by growth in Commercial Motor in-force policies 0.7% lower than the previous quarter with prices stable in the third quarter of 2014 Improvement in personal lines capability through new websites, delivery of a number of pricing projects and a new advertising campaign and propositions for the Direct Line brand. Launched self-install telematics proposition in Motor Total cost base2 for the nine months ended 30 September 2014 6.0% lower than for the first nine months of 2013. On track to achieve targeted total cost base2 of approximately £1,000 million in 2014. Investment income yield increased by 20 basis points on the first nine months of 2013 to 2.3%, reflecting actions to diversify the portfolio Announced a binding agreement with Mapfre, S.A. for the sale of the Group's International division for cash sale proceeds of €550.0 million (£430.1 million3). It is expected that substantially all of the net proceeds will be returned to shareholders Group expects the combined operating ratio for ongoing operations1 to be within the range of 95% to 97% including the benefit of significant reserve releases. Motor current-year loss ratio in the second half of the year is expected to be similar to the first half of 2014 Paul Geddes, CEO of Direct Line Group, commented "Progress in the third quarter means we remain on track to deliver our 2014 financial targets, despite a backdrop of markets that remain highly competitive. "We are working hard to enhance our propositions and I am particularly pleased with how we are harnessing technology to improve our product features and make it easier for our customers to interact with us. "Looking forward, we remain focused on improving our efficiency and the competitiveness of our offering in this ever-changing marketplace." For further information, please contact: Neil Manser Jennifer Thomas Director of Corporate Strategy and Investor Relations Head of Financial Communications Tel: +44 (0)1651 832183 Tel: +44 (0)1651 831686 Notes 1. Ongoing operations include Direct Line Group’s ongoing divisions: Motor, Home, Rescue and other personal lines and Commercial. It excludes the International division, Run-off segment and restructuring and other one-off costs. For the purposes of the Group’s 2014 targets, International should be added

I would also expect there to be a special divi, but not sure if this will be confirmed yet. If, as before, the full sale price is returned by dividend for the German and Italian business then it would be more like 25p per share.

Thank you :)

Do these large end of day uncrossign trade indicate anything? Around a week in a row that buys outnumber the sells and large multi million pound purchases showing at the close. Would this be pensions and trackers buying ahead of 22nd?