|
Ash 996 GT2
Original Poster
3,377 posts
110 months
|
Whats the consensus, can't make my mind up.
|
|
|
bad company
1,872 posts
135 months
|
|
|
grumbas
626 posts
60 months
|
They're not doing anything particularly special so unless they look cheap/undervalued I'd pass.
The insurance market is becoming more competitive day by day too!
|
|
|
bad company
1,872 posts
135 months
|
grumbas said: The insurance market is becoming more competitive day by day too! And more regulated which will not help - though a good thing imo.
|
|
|
Ash 996 GT2
Original Poster
3,377 posts
110 months
|
I will not be buying based on the response. Thanks all 
|
Advertisement
|
|
|
marky1
356 posts
65 months
|
I'm trying to get some in the IPO allocation through my bank but I'm not convinced either way, just think they are a punt, you might see a quick 20% gain or you might have to sit and wait with a 5% dividend yield. Either way with rates so low I think they are okay.
|
|
|
grumbas
626 posts
60 months
|
bad company said: And more regulated which will not help - though a good thing imo. Yes and no, some dodgy practices have been ironed out which is always a good thing. However regulation is becoming overbearing, which isn't good for the smaller businesses and makes entry to the market harder for start ups. Also, like any government body they like to create a big fuss over areas that aren't an issue creating everyone work and completely miss others where there are still questionable practices in some instances.
|
|
|
bad company
1,872 posts
135 months
|
marky1 said: I'm trying to get some in the IPO allocation through my bank but I'm not convinced either way, just think they are a punt, you might see a quick 20% gain or you might have to sit and wait with a 5% dividend yield. Either way with rates so low I think they are okay. I buy shares mainly for income and 5% is a good dividend. I just think that a more reliable dividend can be achieved elsewhere.
|
|
|
Ash 996 GT2
Original Poster
3,377 posts
110 months
|
bad company said: I buy shares mainly for income and 5% is a good dividend. I just think that a more reliable dividend can be achieved elsewhere. Do tell
|
|
|
sideways sid
325 posts
84 months
|
Ash 996 GT2 said: bad company said: I buy shares mainly for income and 5% is a good dividend. I just think that a more reliable dividend can be achieved elsewhere. Do tell Most of the other listed insurers for a start.
|
|
|
bad company
1,872 posts
135 months
|
sideways sid said: Most of the other listed insurers for a start. Plus the utilities, supermarkets, oil companies . . . . . . . .
|
|
|
marky1
356 posts
65 months
|
Oil companies do not have reliable dividends. Their event risk is much higher than say a Supermarket.
|
|
|
bad company
1,872 posts
135 months
|
marky1 said: Oil companies do not have reliable dividends. Their event risk is much higher than say a Supermarket. I have She'll & BP shares. There was the obvious BP problem a couple of years ago but dividends being paid again now.
|
|
