Category Archives: $LON:ESUR

$DLG (Direct Line Group) FV = 385 now following consolidation….

DLG recently consolidated its shares on a 11 for 12 basis, giving cash in lieu of fewer shares (cash due 24th July).

FV = 385 , 4.8% dividend yield – so use the cash to buy more shares if you want to top up your position.

This is a great low risk (beta = 0.65) domestic (UK) play not subject market volatlity and pays a great dividend – you should have at least one of these types in your portfolio – it did not budge during the Greek Fiasco!

Comparable: $ESUR , FV = 265, yield nearly 6%!

$LON:ESUR – Mixed Interim statement – premiums up, conditions remains tough, margins tight

Esure interim statement was mixed with gross premiums up but the margins tough keeping inurance prices low good for the consumer not for the stock!

Stock trading 1% higher….if it does gravitate to 275 it may take time…but with a 6pcnt yield you are paid to wait….

FV=275, Yield 6%

2CentView has small trading position opened at 2.27, target 265, stop 210

2 smaller cap UK Stocks trading discount to fair value…one reporting Thursday with 6.5% yield

Just renewed my car insurance policy with Esure and their service and prices were very good.

2CentView has a core position in $DLG (Direct Line) which is a great low beta stock with a fantastic yield. If you missed out on the $DLG trade, worth looking at Esure – current stock pice implies a 6.5% dividend yield and has a beta of .65.

FV=275 on $LON:ESUR Results out Thursday
Trade: Buy ahead of the results at 2.28, target 265, stop 210.

A more speculative names is AIM:GBO (Globo plc). Globo helps businesses their mobile engagement with customers and employees. They operate in Europe and the US – where they are doing very wel and generate good free cashflow.
FV=100 on Globo.

Trade buy around 55p, take profit target 75p , stop 44p.