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Poll: Direct Line, yes ot no

Total Members Polled: 28

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

Ash 996 GT2

Original Poster:

3,603 posts

125 months

[news] 
Monday 8th October 2012 quote quote all
Whats the consensus, can't make my mind up.

bad company

3,832 posts

150 months

[news] 
Monday 8th October 2012 quote quote all
Very risky IMO. NO!

grumbas

716 posts

75 months

[news] 
Monday 8th October 2012 quote quote 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

3,832 posts

150 months

[news] 
Tuesday 9th October 2012 quote quote 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:

3,603 posts

125 months

[news] 
Tuesday 9th October 2012 quote quote all
I will not be buying based on the response.

Thanks all smile
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marky1

529 posts

80 months

[news] 
Tuesday 9th October 2012 quote quote 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

716 posts

75 months

[news] 
Wednesday 10th October 2012 quote quote 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

3,832 posts

150 months

[news] 
Wednesday 10th October 2012 quote quote 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:

3,603 posts

125 months

[news] 
Wednesday 10th October 2012 quote quote 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

437 posts

99 months

[news] 
Wednesday 10th October 2012 quote quote 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

3,832 posts

150 months

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

marky1

529 posts

80 months

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

bad company

3,832 posts

150 months

[news] 
Thursday 11th October 2012 quote quote 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.
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