Resolution Share Discussion Threads

[a0148009] 22/8/2013 09:25

Ex-dividend 4th September 7.05p.

AO

[sawadee3] 16/8/2013 12:29

There you go chaps :-)

[sawadee3] 16/8/2013 09:42

Will provide another opportunity to add to the income pf.

It's all about the Goldies again today :-)

[skinny] 15/8/2013 13:08

Canaccord Genuity Buy 322.75 328.00 325.00 355.00 Reiterates

[sawadee3] 13/8/2013 13:29

Broadwood, the best decision i ever made was moving profit made elsewhere into your favourite sector...Mid Cap and Income which still makes up the majority of my SIPP. I guess i followed your lead :-)

Commodities for trading fun+profit ;-)

[broadwood] 13/8/2013 08:54

Saw Ta, you too.

Resolution shares have been buoyed by the insurer's latest results, released today. First-half profit rose 17pc to £191m, ahead of some analyst forecasts, and so the shares have advanced 4.4pc, one of the biggest risers in the FTSE 100

[pre] 13/8/2013 08:34

what a cracking set of results...re-rate on now imo...

[skinny] 13/8/2013 08:17

4 year high 342.40.

[sawadee3] 13/8/2013 08:17

Good luck broadwood, everything flying again today :-)

[skinny] 13/8/2013 07:40

Strong financial performance and improving cash generation

· Sustainable free surplus £147 million, up 23% (30 June 2012: £120 million)

· IFRS based operating profit before tax of £191 million (30 June 2012: £163 million)

· IFRS based operating earnings per share up 17% to 13.26 pence (30 June 2012: 11.32 pence)

· MCEV operating profit before tax of £214 million (30 June 2012: £235 million) reflects expected impact of long-term interest rate environment

Strong capital base underpins dividend

· Available shareholder cash £839 million (31 December 2012: £850 million)

· Group IGCA surplus(i) £2.1 billion, coverage ratio 222% (surplus at 31 December 2012: £2.2 billion, 221% coverage ratio)

· Economic capital surplus(ii) £3.7 billion, coverage ratio 192% (surplus at 31 December 2012: £3.5 billion, 194% coverage ratio)

· Interim dividend of 7.05 pence per share (30 June 2012: 7.05 pence per share)

Improving new business performance

· Strong growth in UK division; value of new business of £89 million, up 41% and at an IRR of 16.7%

· International division core value of new business £21 million (30 June 2012: £22 million) reflecting resilient performance in difficult markets

· Total Group VNB £97 million; Group new business IRR of 11.2%; Group margin increased to 2.8%

Operating highlights

· Successful recapture of an additional £7 billion of assets by in-house asset manager FLI

· Corporate Benefits performance exceeds expectations with 30% increase in VNB, strong pipeline of new schemes and auto-enrolling clients for the rest of the year

· £154 million of cost savings secured at 30 June 2013 (96% of 2015 target)

· Good progress made on delivering the International strategy with controlled exit from German manufacturing to be completed in third quarter 2013 and all other non-core exit actions completed

[sawadee3] 06/8/2013 10:26

Onward and upward :-)

[sawadee3] 05/8/2013 10:06

Happy days chaps :-)

[anley] 30/7/2013 12:30

So Blackrock own 5% ............worth a read to see how mismanagement can work!!

[sawadee3] 24/7/2013 13:11

The income portfolio looking prettier by the week.

Happy days :-)

[aleman] 24/7/2013 12:48

Looks to be some significant strength, here. It's just passed a significant resistance and looks likely to climb for a bit. Next minor resitance 340p?

[hyden] 12/7/2013 14:08

It seems that the Phoenix / Admin Re talks have ignited the sector. Good news all round then. :-)

[osirisra] 12/7/2013 13:53

Has somebody in the city FINALLY realised the divi' return on these is outstanding!!!!

[skinny] 12/7/2013 10:43

Nomura Neutral 316.15 308.00 250.00 311.00 Upgrades

[sawadee3] 12/7/2013 10:12

The march Northbound continues.

Happy days :-)

[hyden] 08/7/2013 19:51

Very nice. And hopefully a lot more to come. Unfair discount to EV imho.

[sawadee3] 08/7/2013 15:23

Excellent performance :-)

[skinny] 08/7/2013 10:46

2 year+ high.

[aleman] 05/7/2013 14:05

Poked its head over £3. Can it become support?

[aleman] 04/7/2013 18:44

Didn't take long to get back to nearly £3. It still seems to be making up the ground lost to the market and other insurers last year.