Member Info for Shabz83

Probably fly more once us markets open

Damn wish I had 145k to invest in here

99.49...

I'm still waiting for this whale to land he mentioned a while ago.

Held since 2009/2010 this share has had so many false dawn's. I'm still holding though I hope the dividends yield increases over the next couple years to a point of the share price not mattering so much. I do wonder if the share buy backs cause suppression in share value while they are taking place. Almost like someone shorting the share too get maximum value through the buybacks... Tin foil hat much.

Guy doesn't like fast fashion at the end of the article but at the start says he saved himself a big paper loss.. so which is it?

I think £3 will be a while off, I wish it happens I own these at £2.63 but I'm expecting at least 2 years of pain on these. Even if they give a div it will be at reduced levels.

Div funds know the risks and will adjust, hence why you saw the share price at sub 25p during COVID. I don't get your point. I'm saying all shares carry a risk so why you all crying like babies when it doesn't go to plan.

I'm saying **** happens suck it up. Wasn't only banks that cancelled dividends. If you can't handle unexpected things happening then maybe shares aren't for you. Put your money in a savings account. From what I can remember they reinvested back into the share price anyway, so as a lth I'll benefit.

Why are you trading in shares if you can't handle possible volatility due to market conditions. Direct line recently stopped their dividends once they realised they couldn't afford it. You take the rough with the smooth just be glad your investment is still worth something and didn't go to zero wiping you out completely.

Have you tried to use the Debenhams website? My wife used to shop on there pre-boohoo but after the take over she says it's horribly slow and difficult to find what you want. So she's given up on it, wonder how many others have done the same.

Thought it was dropping to 1k for 2023 and in 2024 it was going to £500? I've got a similar issue though got an isa but have some invested outside too. On the higher rate of tax just means why am I even bothering with the risk.

I was on that journey too. I'm the end I sold out and brought elsewhere thinking I'll come back. Totally forgot and looked that and boom. Another take over might happen. Wouldn't be surprised if these went over £3 again as previously if the takeover becomes more material.

TheTrotsky thanks for the detailed explanation, seems at least dlg will be safe from going bust but also with the profit sharing we can expect a reduced divi for 3 years while they get their **** together.

Just read this article too seems to have a more simpler explanation

A quota share reinsurance deal, like the one struck by UK Insurance Ltd, is a risk-sharing pact by which insurers and reinsurers split gains and losses on written premiums at an agreed-on percentage.

https://www.morningstar.co.uk/uk/news/AN_1674727051183453800/direct-line-stock-recovers-some-lost-ground-on-reinsurance-deal.aspx

Just read this on it,

https://www.investopedia.com/terms/r/reinsurance.asp

Seems it's about keeping cash flow positive not sure what it actually means though because it's not going to be free.

I thought they were going for a phased approach throughout 2023, makes sense against current market backdrop. Slow and steady to not over expose yourself on stock and any logistic issues etc.

I just hope we don't see the s-show like on thg. I'm invested in both so hoping to see something positive from these guys.

I like the article that's just been added here, profit warning apparently.

Try to make the best educated guess you can. Usually I look at old price per share, current company performance what likely hood it has of recovering to it again and if the industry is solid and not in decline.