Resolution Share Discussion Threads

[sawadee3] 10/5/2013 11:58

That 278 is taking some cracking. Proving to be a good sell point to buy back cheaper.

[skinny] 08/5/2013 10:34

Interesting view :-

Investec Sell 272.25 272.40 181.00 181.00 Retains

[aleman] 08/5/2013 10:29

Sounds better than noises from one or two other insurers recently. Should be trading nearer similar ratings to them which would be around 400p+, but rises usually take several steps. I reckon today's news will lead us up to the 300p area after a few slight upgrades.

[nigelmoat] 08/5/2013 07:21

Cracking-should see a new year high today. We hope!

[cwa1] 08/5/2013 07:09

Sounds fairly upbeat to me:-

Andy Briggs, Group Chief Executive said:

"The Group has continued to make good operational progress during the first quarter of 2013 achieving record value of new business written at a lower cash cost with further delivery of targeted cost savings.

This performance has been led by the UK division with strong growth in the Retirement Income and Protection businesses with Corporate Benefits in line with our expectations. I am pleased with the progress made with the implementation of our International strategic review. Lombard and the core FPI business have had good starts to the year and we have made excellent progress exiting our non-core markets.

The underlying trends in our chosen markets are encouraging and our strategy is delivering results. We remain optimistic about the opportunities for profitable and cash generative growth going forwards."

Not much hint of worry or dividend cutting in there.

[skinny] 08/5/2013 07:03

New business profitability continues to grow

· Group value of new business ("VNB") up 9% to £38 million (31 March 2012: £35 million).
- UK division VNB increased by 30% to £35 million.
- Core International VNB up 11% to £10 million.
· New business cash strain improved by 33% to £(45) million (31 March 2012: £(67) million).
· Group PVNBP1 margin increased to 2.3% (31 March 2012: 1.8%), notwithstanding lower APE at £242 million (31 March 2012: £292 million).
· Five pension schemes auto-enrolled in the first quarter; further 18 schemes enrolled to date. Pipeline of new scheme wins more than double that at the same point in 2012.
Delivery of target cost savings on track
· Run-rate cost savings of £103 million delivered by 31 March 2013; 94% of 2015 £160 million target secured (31 December 2012: 88%).
Strong capital position maintained and continued focus on cash generation
· Insurance Groups Capital Adequacy surplus2 of £2.2 billion, representing a coverage ratio of 224% (31 December 2012: £2.2 billion, coverage 221%).
· Group available shareholder cash of £839 million (31 December 2012: £850 million), before payment of the £200 million final dividend to shareholders.

[scburbs] 02/5/2013 08:07

IMS due next Wed (8th).

A strong performance from L&G augurs well for RSL's UK business.

"GROUP PROTECTION SALES UP 67% TO £20M (Q1 2012: £12M)

· RECORD Q1 WORKPLACE PENSION SALES UP 115% TO £202M (Q1 2012: £94M)"

[osirisra] 29/4/2013 20:13

Ha Ha, that would make sense!!!!!!!!!!!!!!!! Wishing my life away.

[lonrho] 29/4/2013 20:07

I think divi is paid 20th may.

[skinny] 18/4/2013 16:14

Just picked up another 330 @246.975.

[aleman] 18/4/2013 15:33

8.5% yield at 248p.

[relwood] 18/4/2013 15:29

Perhaps I should have waited until Monday.

[cwa1] 18/4/2013 13:27

Just had my last top up at 250. With luck the yield should be held for the forseeable. If it is then that should be good enough. Fingers crossed and all that :-)

[aleman] 18/4/2013 12:58

I've topped up as well. I know the dividend looks set to be frozen for a while but 8.4% is a very tempting yield.

[relwood] 18/4/2013 12:16

I bought more today.

[anley] 18/4/2013 12:13

Now is the time to buy using the dividend payment. ShareTrade have a system and it works well.

[kendo10] 18/4/2013 09:14

The price was marked down yesterday morning by 14p because it was ex dividend day. Quite a few shareholders don't this so they panic and sell assuming there is something wrong with the share and with the market sentiment the price was down 21p. Normally the share price moves back up to the original price before ev divi day quite quickly but with the state of the maket at the moment it could take a bit longer than anticipated.

[scburbs] 18/4/2013 08:48

A c.10p effective fall certainly feels fairly steep if not quite cliff like.

So everyone, why has this tumbled down a hill?

[cwa1] 18/4/2013 08:37

What, even with the explanatory post just one above it? Surely not?

Yeah, OK, it is a surprise!

[osirisra] 17/4/2013 17:48

Oh come on, somebody please post "WOW, why has this fallen off of cliff today?". You can usually rely on some numbskull,,, or two.

[a0148009] 11/4/2013 09:41

Reminder - xd Wednesday 17th April 14.09p.

AO