PistonHeads.com Forum

Direct Line, yes ot no

Poll: Direct Line, yes ot no

Total Members Polled: 28

Buy shares: 14%
Don't: 86%
Author
Discussion

Ash 996 GT2

Original Poster:

3,755 posts

146 months

Monday 8th October 2012
quotequote all
Whats the consensus, can't make my mind up.

bad company

5,319 posts

171 months

Monday 8th October 2012
quotequote all
Very risky IMO. NO!

grumbas

784 posts

96 months

Monday 8th October 2012
quotequote all
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

5,319 posts

171 months

Tuesday 9th October 2012
quotequote all
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:

3,755 posts

146 months

Tuesday 9th October 2012
quotequote all
I will not be buying based on the response.

Thanks all smile
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marky1

674 posts

101 months

Tuesday 9th October 2012
quotequote all
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

784 posts

96 months

Wednesday 10th October 2012
quotequote all
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

5,319 posts

171 months

Wednesday 10th October 2012
quotequote all
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:

3,755 posts

146 months

Wednesday 10th October 2012
quotequote all
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 smile

sideways sid

710 posts

120 months

Wednesday 10th October 2012
quotequote all
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 smile
Most of the other listed insurers for a start.

bad company

5,319 posts

171 months

Thursday 11th October 2012
quotequote all
sideways sid said:
Most of the other listed insurers for a start.
Plus the utilities, supermarkets, oil companies . . . . . . . .

marky1

674 posts

101 months

Thursday 11th October 2012
quotequote all
Oil companies do not have reliable dividends. Their event risk is much higher than say a Supermarket.

bad company

5,319 posts

171 months

Thursday 11th October 2012
quotequote all
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.