Keyword results: insurance

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Alpha Growth: why still no Prospectus and will it get its 2nd interims restated in time to avoid a suspension?

Friday saw the publication of Alpha’s (ALGW) second interim results albeit no Prospectus has yet appeared on the FCA register of Prospectus almost 8 months after the placing occurred.  I show below why the results need to be restated dramatically. 

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New deals a-coming at Moneysupermarket.com

I have not written about Moneysupermarket.com (MONY) before but Malcolm has, as you can see here just over a year ago. He was absolutely correct that helping to identify good value car insurance, home insurance, credit card deals, travel insurance, pet insurance and broadband deals, along with the ownership of MoneySavingExpert.com (thanks Martin Lewis), was popular with lots of people. And whilst COVID-19 issues with the travel industry has caused some challenges over the last year, a business with some overall net cash on its balance sheet and free cash flow generation helping to support a 5%+ dividend yield certainly could have been a lot worse. But the shares have had a very poor last few months as, whilst the travel insurance business has been only slow to improve, the energy deals business has been an absolute shocker recently.

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The Legal Has Landed On its Feet Again, yet the Share Price Hasn't Risen Enough - Yet

Hello Share Moppers. My favourite insurance company, Legal and General (LGEN) has revealed some jolly results for the first half of 2021. It’s actually doing better now than before Covid. And yet the share price is still down on the golden days before the pandemic struck. So there’s room for the shares to shine more brightly.

PREMIUM CONTENT

The travel industry has been hit hard but I believe it will bounce back - Saga offers good exposure to that

Whilst you might think that I’m mad to even be looking at the travel sector at the current time, I believe that often the fear of what might happen outweighs the actual reality, and often things don’t turn out as badly as people thought they might – the commodities sector during the first half of 2020 being a good example!

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A Jolly Dividend and a Fast Recovering Share Price Make Me Want to Stay a Legal Eagle

Hello, Share Smashers. Boring shares can be good to have because they’re less prone to disasters. And, as we all know, it’s the big mishaps that so easily wipe out all the happy progress we’ve made with other components of our precious shares bag. Which brings me to my rather large holding of Legal & General (LGEN).

ADM
ADM

Admirable Admiral Does Acts of Kindness and that Builds Up a Seaworthy Customer Base

Hello Share Shiners. You may have gleaned from past writings that I’m a fan of most insurance companies. There’s no doubting that this is a time of all sorts of increasing risks. From Covid effects to storms and floods caused by climate change. In such unhappy environments, more people turn to the protection of the big insurers. And although I’ve not invested yet, Admiral Group (ADM) seems to me one of the better bets.

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Saga is well positioned to recover from Covid, with its customers being amongst the first to be vaccinated: BUY

Any regular reader of this website may have noticed that I have become fairly bullish on the travel sector recently, although mixed with a degree of caution as well as there are still plenty of risks for these businesses.

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The Legal Has Taken Off Again – and Should Keep Flying

Hello, Share Changers. Before the pandemic one of the most reliable risers in the Footsie was the insurance giant Legal & General (LGEN). Like most financial shares it took a big hit with the virus’s arrival, dropping in a flash from 318p to below 140p. Ever since those dark days, the price has been moving slowly and steadily up to its present level of around 270p…

GoCompare Merger Brings this Share Price To the Top of the List

Hello Share Gatherers. This old punter recently commended GoCo Group (GOCO) to you. Since then the share has risen by about 15%. Though I’d love to claim all the credit, the fact is that the company has been involved in new takeover talks I knew now’t about. Still, I hope you followed my reasoning at the time…

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The money raising saga at Saga

Last month I wrote about the insurance and travel name Saga (SAGAand its announced money raising, with money being tapped from the new non-executive chair (at a premium!) as well as existing shareholders and the market. At the link, I called it ‘ten out of ten for commitment’ and on Friday we had the results of the money raising…

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Why I think Moneysupermarket.com Compares Well With Other Shares

Hello, Share Smashers. Reviewing the chances of comparison websites is not something I’ve really done before. But I rather like the look of Moneysupermarket.com (MONY), even if I cringe at its annoying TV adverts. The shares took a nasty dive at the onset of the virus but, like so many outfits in the insurance game, they’ve recovered fast…

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A mad or genius move at Saga?

Apparently you can’t travel with SAGA (SAGA) until you are 50 unless you are over 40 and travelling with someone 50+. Well I am going to have to wait a few more years then to have that option for my summer holiday, as I don’t really fancy asking my parents if I can tag along with them. Still, I am sure SAGA would be happy for anyone to buy its shares irrespective of their age…although as they are sitting at approximately one-tenth of their IPO price it would have been a pretty harmful decision irrespective of your age…

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At a time when. dividends are being scrapped, Legal & General stands out from the crowd - buy

Lots of large companies are currently reducing or even completely scrapping their dividend payments, and whilst some of them will still be seen as attractive investments for capital growth, it leaves income funds in a bit of a quandary. 

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PRU
PRU
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Prudential...doing everything right in these troubled times

Naturally any comment written in August here  about a longer-term play such as the Prudential (PRU) has not aged well...especially in the last six or so weeks.  Amid all the market volatility, policymaker announcements and health crises out there, the Prudential quietly came out with its latest set of numbers. 

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Lager, Aga and Ga-ga, But perhaps Not Saga at the Moment

Hello Share Takers. It’s said life has four stages; Lager, Aga, Saga and Ga-ga. Saga (SAGA) is a company which focuses on the older customer. It began with travel packages for the grey market and then went into insurance. Luckily, given the present circumstances, it is now heavily into insurance...

Gold
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Gold – all the “Experts” are mega-bulls……except ShareProphets fave Jordan Roy-Byrne, and what I am doing.

I like Jordan Roy-Byrne’s analysis – even though he’s a technical analyst. Part of that is because he doesn’t draw magic squiggly lines and predict what the CEO of a company will have for breakfast next Tuesday. Part of it, however, is that he’s not just a technical analyst – he learns from history too (something I wish the great and the good at Westminster would follow), and looks at fundamentals too. So with all the gold so-called experts seemingly in mega-bull mode (and we’ve featured a good many on ShareProphets), for balance I thought I would share some of his thinking, because he’s no bull right now – although be in no doubt, he is in the longer term.

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The Legal has Landed Bigger Profits so its Share Fall becomes a Possible Buying Opportunity.

Hello, Share Speakers. Possibly my favourite Footsie giant is Legal and General (LGEN). After buying the shares just after the biggest financial crash in living memory I have seen a multi-bagger rise, which is unusual for a jumbo. The latest figures from the insurer seem to support my loyalty. 

Water, Water Everywhere and this Intelligent Outfit Drinks in Higher Profits

Hello Share Chasers. Never let it be said that I’m not topical in my observations. And during a hot summer, our minds turn to water and its conservation. Not so long ago I suggested you look at Water Intelligence (WATR)...

RSA
RSA

Big Insurer RSA Sells more Premiums as Divi Rises and Claims Fall

Hello, Share Squeezers. The insurance sector has been static as of late, after a few months of steady progress earlier. It’s those Brexit fears and the low pound that’s to blame, just as it is with banking stocks which are similarly mired. But one of the big companies, RSA Insurance Group (RSA) - the old Royal Insurance Company - has just released numbers which are encouraging...

KIE
KIE
PREMIUM CONTENT

Neil Woodford disaster Kier turns into omnishambles, shares slide (AGAIN) by 10%

You heard it here first, folks: I said Kier would drop its dividend and today it has for the next two years. But worse still, it has now ‘fessed up that (even after the disaster that was the rights issue which fell to the underwriters) it is over-indebted. This morning’s statement is a horror show from start to finish.

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Yes, I Keep Discussing it, but the Legal has Landed Again on the Right Side of Share Progress

Hello Share Masters. Today I return to an old favourite because its value continues to rise in the sea of our biggest companies, which is pretty choppy at the mo. But Legal & General (LGEN) continues to put on weight on an almost daily basis. The share has now put on a fifth of its December value - which is substantial progress for a jumbo stock...

Gold

Gold – a great insurance policy for times like these

I have been over-bullish about gold ever since it popped its top at around $1800 per oz in the aftermath of the financial crisis and quantitative easing (ie printing money) became all the rage. But rather than sell out, I have held firm. At the time I seemed to be wrong, but with what should be a momentous week for the UK about to hit us, I see the gold price is up a tad at just shy of $1250 per oz...

GetAFix

Shares Have Toppled! So What? You'd Be Up The Creek if Occasional Crashes Never Happened

Hello, Share Carriers. Despite Uncle Tom’s denouncement of me as a money tree worshipper, I bring to you another more optimistic view of our shares and why I don’t think we should be selling right now. And it’s all because I’m one of the very few denizens of Shareland who see that there is a cynical strategy going on, which, as usual, began in the USA. 

In a Scary Market, Protecting Yourself and Grabbing the Opportunities Hold Equal Sway. Here's How I'm Playing It.

Hello, Share Scrapers. Who among us isn't a bit spooked by issues affecting the global economy? But what should we do to protect ourselves - and make the most of any opportunities? Well, after doing the research and basing predictions on it, this is what I think.

This Legal Eagle has Landed Some Flying Profits and Should Keep Soaring Above.

Hello, Share Chisellers. Mostly I suggest you look at small-cap and penny shares. But every portfolio needs a few ’safer’ stalwarts to keep an even keel. One such company for me is Legal & General (LGEN). Now, most insurance companies have seen their share prices bloat in the last year or so and that happy trend continues.

AV
AV

Viva Aviva as it Simplifies in the Hope of Raising Dividends & Making More Cash

Hello Share Swipers. Quite a few insurance policies of mine have been taken over by one firm which seems to flood the market these days. I refer to Aviva (AV.), a firm which knows a lot about generating cash.

RSA
RSA

Things Are Looking Up in this Royal Family. Could Be Worth a Few Sovereigns

Hello Share Gobblers. My relationship with RSA Insurance Group (RSA) goes back to the long-gone days when it was Royal Insurance. And it has generally not been a happy one.

PRU
PRU

Higher Hopes for the Man from the Pru

Hello Share Troopers. I’ve long been a fan of British insurance giants. They are a chance to invest in the fast-moving financial world without too much fear of heavy fines and compensation payments for mis-selling and so on. Though, of course, there is an element of that.

ADM
ADM

As Admiral Sails into New Waters, the Shares Could be Seaworthy

Hello Share Tusslers. For some time now, I’ve been commending insurance companies to your further examination. Legal & General (LGEN) and the RSA (RSA) have both improved since then.

The Great Divi Hunt Continues with Phoenix Group

Hello Share Snafflers. Well, it seems the old Footsie has called a halt to its record-breaking run into ground-breaking highs. Does this surprise anyone? Of course not. What keeps on going up has to come down. So it’s possibly time to pause in our headlong rush to find shares which put on capital value. Let’s instead turn once again to an ever-important part of the armchair tycoon’s income - the dividend.

Crash

Challenge accepted, Mr Winnifrith: my stock picks for 2017

Last week, Tom accused me of bailing on on my 2017 tips as I was too busy dancing naked around the Winterval Pole praying for Gaia to weaken the minds of good people around the world to accept ciimate change. Or something like that, I didn't read it too closely. Now, my role here at ShareProphets is to keep the plates spinning, not make the tips. But that changes today.

GAH
GAH

Gable - was the Liechtenstein Regulator asleep at the wheel for years?

The Insurance Times Article of 12 October 2016 HERE makes clear some insurance brokers were always wary of using Gable (GAH) for many years and were concerned that it was selling insurance cheaper than its main rivals and this might end badly.

Super Investors Might Find a Super Investment in Moneysupermarket.com

Hello Share Squeezers. I’ve been having fun lately trying to get cheaper car insurance. You know how it is - the renewal quote is always a heck of a lot more than your current policy. Though they always forget to remind you what you first paid.

GAH
GAH

Gable - sneaks out last interims before administrators appointed, tries to polish a turd

At 2.30 PM on deadline day, Friday, disgraced insurance outfit Gable (GAH) published its results for the six months ended 30 June 2016 and they were true to recent form - that is to say total Turkish. William Dewsall, Chief Executive commenting on the results stated the horseshit spin, our ShareProphets translation is in bold.

The Legal Has Landed, but Could Take Off Again Soon

Hello Share Twiggers. For the last few trading sessions, I’ve been looking at jolly good companies where the stock has been oversold in the wake of Brexit and various other unusual situations. Today I bring before you Legal & General (LGEN). The massive insurance company made a slow but sure recovery after disaster hit financial stocks in 2008. Consequently my post-crash investment increased by 200%. Then things suddenly went a bit pear shaped.

EU_flag

Brexit - The Shares Which Could Rise and Those that May Fall.

Hello Share Dollies. We are entering the uncharted waters of Brexit. But captains of ships still have a raft (sic) of experience to draw upon, even when you don’t have a map. This is how Columbus discovered the Colonies. One thing - and they’re aren’t many of them - how I score over the vast majority of my colleagues is long experience of what has previously happened in our great game. I have observed the charts, day in day out for so many years that the only interruption of my studies is the couple of weeks when I courted Ann Boleyn.

RSA
RSA

No!, You Do Not Have Permission to Panic, Corporal Jones. Ref: Brexit

Hello Share Flexers. Well, that was turn-up and no mistake. Did anyone really expect us to leave Europe? Certainly not the bookies.They are rarely wrong in political matters, but they were this time. The odds started out very favourably to Brexit punters, then shortened, but on the eve of the big vote, Paddy Power was offering 8 to 1 on for remaining and five to one against leaving. Boy did they get it wrong!

RSA
RSA

Calling All Divi Hunters. Insure that You Look at RSA.

Hello Share Shoppers. If you’re a regular reader of this delectable website you’ll know that I like to keep an eye on RSA (RSA) the old Royal Insurance set-up. Time for an update, I fancy.You may recall there was a nasty shock for long-time shareholders like me when an offer from Zurich insurance was withdrawn last year.

RSA
RSA

Big Profit Explosion Could Send RSA Shares Even Higher.

Hello Share Shufflers. Well, that was a nice surprise in these dismal times. The old Royal Insurance company, combined with the Alliance. has had a difficult few years. But the latest results from RSA (RSA)showed a sparkling improvement. And the shares rose 12%, which is exceptional for a Footsie giant. 

OML
OML

Now Then, Me Old Mutual. Can We Expect A Higher Share Price This Year?

Hello Share Scribblers. I’ve not looked at Old Mutual (OML) before. A pity. Because it’s been one of the most reliable of our insurance/pension/ asset management /banking giants in the Footsie. It’s one of the day’s biggest gainers as I write this, but there’s still room for the share price to sparkle further. 

Legal & General drops quarterly reporting: quality vs quantity?

Let me know if you can find a sector more opaque than the insurance sector.  In too many years of pacing through corporate reports I cannot think of a sector that consistently bamboozles even experienced analysts with all sorts of anachronistic terminology. 

RSA
RSA

As They Try Hard to Make it All Up to Me - RSA Could be Worth a punt.

Hello Share Shapers. I could cheerfully kick RSA (RSA)  the old Royal Insurance company in the teeth.

RSA
RSA

That Royal Disaster May Just Be a Slight Set-back In the End. ref: RSA.

Hello Share Hawkers. The RSA (RSA) saga has been an unmitigated disaster for me, more or less since I first bought the shares at least 15 years ago.

RSA
RSA

Royal & Sun Alliance: it is not you but me…

Bit of a Swiss surprise today with the news that Zurich Insurance is ending its 550p bid for Royal & Sun Alliance (RSA).  Normally when a proposed deal falls apart it is because the bidder has found something dodgy in its detailed due diligence – and let’s face it insurance accounting is opaque at best.  However this time the issue is all with the seemingly not-so-prudent Swiss with the management at Zurich noting ‘the deterioration in profitability in certain parts of the(ir) General Insurance business’ which it has to sort out first before it could even consider completing a bid on another insurance company like RSA. 

esure’s turnaround plan: a mock opera singer

I ended my previous write-up on esure (ESUR) with the observation that ‘my conclusion is to leave the shares for other investors. That is – of course – unless it brings that Italian-Welsh mock opera singer back… ‘.


AV
AV

Tips of the year update #1: Aviva

Early August: whilst most think about upcoming or just passed holidays, the last couple of Ashes tests or – for the real geeks amongst you – the finer points of the Bank of England’s big data dump, my mind muses about the 2015 tips I published at the turn of the year.  Amusingly enough – as often these things fall – both my main tips reported yesterday: Aviva (AV/) and Randgold Resources (RRS).  I will come back on the world’s leading larger cap gold miner later after their conference call but first…the dull world of insurance.

RSA
RSA

RSA Merger Hope Leaves Us With a Difficult Decision.

Hello Share Sweepers. Bloomin’ Heck! While I still agonise over whether I should accept the offer for Dragon Oil (DGO) shares from a bigger oil company, I get landed with another difficult choice over an insurance giant. That insurance set-up is RSA (RSA) the old Royal Insurance lot.

GetAFix

Just When You Thought It Wasn’t Safe to Get Back In the Trading Water.

Hello Share Floggers. The old shares are settling down a bit now. It’s not so much that the Greece fandango has been resolved. Or indeed that the falling Chinese stock market has been stabilised. It’s just that the big American traders have got impatient with waiting for something dramatic to happen. So now they’ve stoped holding their horses and they’ve started buying again.

Far from sure about esure

I admit it: I’m a car insurance price tart.  When that time of the year comes around again I am more than happy to dump one car insurer for enough at the merest hint of a lower price for my simple cover requirements.  I’m pretty sure I have used esure (ESUR) before but frankly I might be wrong – they all blur into one after a while.

SL
SL

I hold L & G, but not Standard Life but it is good news all round

Hello Share Plodders. When you've a minute, gang, just look at those wonderful figures just issued by Standard Life (SL.). I'm talking about its annual results for the whole of 2014.

QPP
QPP

Oi Quindell are you sure your customers still love you? Tell us about Swinton

Quindell (QPP) insists that its suppliers and customers still have faith in it and that none at all have been spooked by its shares falling 90%, its founder Rob Terry being sacked and investigated for insider dealing and the fact that Quenron is paying suppliers ever later. Of course that is patent bollocks so Quenron tell us about Swinton?

Malcolm

No Big Disasters, So Expect Insurance Giants to Soar.

Hello Share Squashers. You may not have noticed, as we only hear on the news of terrible disasters, that the planet has been a pretty quiet place as far as wholesale catastrophes are concerned.

Insurance Shares Are a Good Bet – But Which Ones to Choose?

Hello Share Trundlers. My main current reason for buying shares in insurance companies is that they are set fair to take advantage of the ever-improving financial situation, following the now long-gone credit crunch of 2007/8.

Legal and General is worth keeping an Eye on

Legal and General (LGEN) shares are trading at 243.1p on a PE ratio of 16.1 and a yield of 3.82%. The company is well known as a provider of insurance and other financial services worldwide.

Gagged

Friday Prize Quiz – The Sheriff remains Ungagged Edition

The first prize for this quiz is a full lunch with the Sheriff of AIM in October. And its very easy to enter. All you have to do is identify which company the two quotes below refer to. And there is a tie-breaker. 

Get the Legal and General Eagle in Your Nest.

Hello Share Munchers: Insurance outfits have taken a pounding over recent months. Mostly, it's because the government said people could take cash sums out of their pensions when the time comes to retire. They expect people who've been saving all their working lives to take the opportunity to blow the lot on a new car, boat and so on. That's the way I read it, anyway.

QPP
QPP

2 + 2? That'll be 4, Mr Terry (not 5) – Quindell a Practising Lawyer Writes…

As I write I am in 27 degree heat, with piles of invoices to be issued, litigation strategies to be completed, marketing to be planned, and the biggy for any law firm - the annual indemnity insurance round (where we have to find an insurer willing to put with taking tens of thousands of pounds in return for covering any errors we may make). Meanwhile, there are a bunch of sycophantic private investors writing on Bulletin Boards, saying how great Quindell (QPP) is and also its visionary leader Rob Terry.

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