Trade Admiral Group Shares

Admiral Group (ADM.L)

About

Admiral Group is a leading car insurance provider. Admiral Group brands include Elephant.co.uk, an online car insurance service, Gladiator is the commercial vehicle insurance broker that was launched in April 1998 and Diamond was created for women in response to a need in the market place for insurance specifically for young women drivers.

Industry

Insurance Brokers

Website

www.admiralgroup.co.uk

Trading Options

Financial Spread Betting
Contracts For Difference
Share Dealing / Stockbroker

Admiral Group and Market Latest News

Yahoo! Finance: ADM.L News
Cowes is far from plain sailing for Matheson (Other)
COWES Week is almost upon us, so let's cast off on a nautical theme with one the City's many yachties Brewin Dolphin executive chairman Jamie Matheson.
Admiral to branch out into household insurance (Reuters MOLT)
Admiral to branch out into household insurance (Other)
Rebalancing economy poses tough challenge [at Financial Times] (FT Times)
"Today our economy is heavily reliant on just a few industries and a few regions - particularly London and the south-east," David Cameron said last month in his first economic speech as prime minister, delivered in a converted mill at Saltaire, West Yorkshire.
London midday: Footsie recovers equilibrium (ShareCast)
Leading shares are mixed, with laggards marginally in the majority among FTSE 100 constituents although the index itself ended the morning in positive territory.
FTSE 100 breaks winning streak on Spain fears (Other)
Dods Group was in focus on Wednesday amid speculation that Lord Ashcroft is preparing a takeover approach for the publisher of The House Magazine .
London close: Winning streak ends (ShareCast)
A spirited late rally was not enough to return Footsie into positive territory. The blue-chip index recovered from its nadir of 5,206 to rise almost 50 points in the last 90 minutes of trading.
London midday: ICAP leads the slide (ShareCast)
London looks like it is pausing for breath after the recent good run that has seen the FTSE 100 index advance by 8% over the last week.
London open: Modest gains for Footsie (ShareCast)
Footsie has made progress after a cautious start, though BP's recent good run has come to an end while derivatives broker ICAP is lower after a cautious statement.
FTSE 100 movers: Bid speculation propels BP (ShareCast)
Bid speculation continues to push the BP share price higher.
London midday: BP a bright spot in lacklustre Footsie (ShareCast)
Shares in BP have jumped on takeover talk and hopes that it is making progress as it caps the oil leak in the Gulf of Mexico, but Footsie is little changed overall.
An Insurer To Buy In Thirds
It's time to nibble on this car insurer's shares.
FTSE 100 movers: Oil companies head higher (ShareCast)
Oil companies are back in favour today as investment banks try to generate fees by suggesting that BP could be taken over.
FTSE seen opening lower (Reuters MOLT)
Buffett's A Dividend Investor, Why Aren't You?
Investing in these 6 dividend machines could set you up for an easy, wealthy retirement.
Lehman collapse: business leaders reflect (Other)
One year on executives from leading British companies reflect on Lehman Brothers' collapse into bankruptcy, the subsequent deepening of the financial crisis, and their hopes for the future.
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Admiral Group: Financial Spread Betting vs CFD vs Share Dealing

Table below compares Financial Spread Betting, Contract For Difference and Share Dealing trading. For simplicity we use the average brokerage fees to calculate the profit/loss if £1,000 available for investment in Admiral Group shares (Admiral Group share price is 750p). Supposedly, you think that Admiral Group shares will go up by 10% in one month.

Calculations

Spread Betting

CFD

Share

Number of Shares Equivalent

2,667

2,667

133

Shares go up by 10% in 1 month, Gross Profit

£2,000

£2,000

£100

Commission to open position (buy)

£60

£15

£12

Commission to close position (sell)

£0

£15

£12

Total Commission

£60

£30

£24

Financing for one month (5% LIBOR rate)

£108

£108

£0

Tax (20% band)

£0

£372

£15 + £5 (Stamp Duty)

Net Profit

£1,832

£1,490

£56


Admiral Group: Financial Spread Betting and Contracts For Difference (CFDs) are margined (or leveraged) products and let you go long (buy) or short (sell) with Admiral Group shares, they are more suitable for short and medium term investments and cover a wide range of markets, including shares, indices, commodities and currencies. Share investing, on the other hand, is a conservative and old way of gaining financial independence and preserving capital. Even though some stockbrokers offer credit facilities it is very rare and not popular amongst private investors.

Risk Warning: Financial Spread Betting and Contracts For Difference (CFDs) are leveraged products and carry a high level of risk to your capital. You may lose more than your initial investment. Share price can go down as well as up and returns on investments are not guaranteed.