R&q Insurance Share Discussion Threads

[18bt] 24/6/2011 08:00

First small share buy back - should put a floor under the price at c115p

[18bt] 23/6/2011 18:48

Still a little further to go to get to fair value IMHO

[seekingvalue] 23/6/2011 10:03

This was a Bargain Portfolio tip in the IC back in February and has been my best performer. At the time it still had a book value of 146p, it causes me no sleepless nights and the dividends are good.

[a0148009] 23/6/2011 09:03

Chart indicating strength, positive AGM Statement plus announcement of intended share buy back lends strong support, yield 6.5%.

AO

[lord gnome] 13/5/2011 07:46

The Lehman overhang is dominating the share price. Unless and until the brokers find a new home for the Lehman holding with a friendly institution, the price won't make much progress. As I am here for the divi, I don't really mind.
Today's announcement re litigation is good news as it removes a potential negative for any institution that may be thinking of buying-in. In which case it will help the brokers to sell the stock.
This is a good safe hold, and one that doesn't cause me any sleepless nights.

[18bt] 13/5/2011 07:29

See that the Lehman stake was reduced to below 3% yesterday, so we won't get any more announcements of disposals. However, this must still be an overhang on the stock. A good time to pick up some more for anyone interested in this share IMHO.

[18bt] 13/5/2011 07:23

Litigation settled: obviously good news, but not clear whether there will be any beneficial P&L effect other than the settlement. ANyone know whether they were accruing or expensing the costs?

[red ninja] 03/5/2011 12:41

Undiluted NAV given in report as £1.44 so there should be room for more capital appreciation.

[18bt] 03/5/2011 09:43

A few trades in this today. Just bought £6k @111.

[topvest] 28/4/2011 11:03

Good results - happy to hold these. Very capable management team with lots of experience and a cutting edge.

[brownie69] 28/4/2011 09:55

Also a happy income buyer.

Though the share price might have ticked up a little though on the back of these excellent results.

[lord gnome] 28/4/2011 08:20

Agree 18BT. I bought these for income - which looks assured on these figures and the outlook. Set fair for some substantial capital growth as well - assuming the forced sellers can be cleared. Happy to hold long term.

[18bt] 28/4/2011 08:04

Positive results today and a good prospects statement. Looks like they are genuine back on course after the issues in 2009.

[brownie69] 26/4/2011 10:57

I think the answer depends on your tax position.

[h4lo] 13/4/2011 18:21

Anyone have any thoughts on the relative advantages of taking the dividend or capital return options?

[a0148009] 13/4/2011 09:33

or any mix of both.

AO

[red ninja] 11/4/2011 22:10

Reading the full RNS looks like you can have the choise between income or capital distribution.

[topvest] 11/4/2011 21:57

It's the dividend disguised as a capital return which is more tax efficient for most of us.

[red ninja] 11/4/2011 16:59

No comment on the proposed return of 4.45 pence per Existing Ordinary Share

I guess we've got more than enough capital and provide a return or is this instead of a divi ?

[18bt] 14/3/2011 11:04

Interesting rise today - is this because more insurers will go into run-off? I don't think it is that sort of event for London - but the the sclae of devastation is going to hit some insurance centres outside Japan.

[labatie] 12/3/2011 07:53

This is from the GCI piece on RQIH in September:

"Randall says insurers are now waiting for another 'market-turning event', preferably a massive loss borne by a few but scaring away surplus capital from the market and enabling everyone to impose hefty premium rate increases."

Not nice to think of at present, but it's an ill wind...

[envirovision] 11/3/2011 23:31

I think it was meant as a general comment on insurers crawford. Rather than Randal in particular.

[crawford] 11/3/2011 21:04

freddy,
are u for real, do you really think this company has exposure to Japan?

I'm not an owner, just amazed at the comment!

[alter ego] 11/3/2011 16:56

quite right adam - negligible exposure to current events.