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Letter "C" » Colin Morton Quotes
«We've seen quite good sales figures from all the UK life insurance stocks. It looks like people are buying savings products once more and the sector seems to be performing relatively well again now after a tough few years.»
«Margins are much more of an issue than they were, but hopefully if they can get the growth, it should help offset any margin pressure they see.»
«These companies should, touch wood, have a guaranteed growth pool, because people will have to save more for their retirement.»
«The life insurers are finding that some of the new products they sell are not making anywhere near the margins their older products used to make.»
«All the life insurers have got to get used to the fact they are no longer writing business at the same high margins they used to six or seven years ago, when they wrote a lot of with-profits business.»
«It wouldn't be a surprise if one of the smaller UK banks got bought, but Northern Rock have always had a disciplined organic growth investment model of their own, so it would be something new for them.»
«We like these stocks. You can have more confidence in the profits.»
«Overall it looks okay, with earnings in line with expectations. Barclaycard is as bad as people thought it would be and retail is better than thought.»
«The business really does seem to be firing on all cylinders at the moment.»
«It's unclear whether they could find something in the U.S. at a price they'd be willing to pay.»