Resolution Share Discussion Threads

[lord gnome] 08/4/2012 09:22

Robert Faulkner - you are joking, aren't you? Follow the link.

[robertfaulkner] 07/4/2012 16:31

Anyone know why the final div has not been announced this year, looking at previous years it's usually in March around the 24th.

Sat Daily Mail, big article about dividend yields listing 5 of the best with Res 4th after Aviva(8.4%) with Res at 8.1%.

No good if they don't pay the dividend

[cwa1] 04/4/2012 08:43

UBS Cuts Resolution To Neutral

0646 GMT [Dow Jones]--UBS downgrades Resolution (RSL.LN) to neutral from buy, target to 250p from 300p. Says it's not very enthusiastic about the management's proposal to seperate new business from the back book. Says the management could add more value by reviving talks with Phoenix. "We estimate an all stock offer worth 700p per Phoenix share (a 25% premium) would be 24%-37% EPS enhancing for Resolution," says UBS. Notes, however, Resolution and Phoenix both say the talks are off. Shares closed Tuesday at 259p.

[seekerofvalue] 30/3/2012 14:27

I have purchased some RSL today for income, as they look like a low risk, sleep easy dividend stock. I am also attracted by the future 2-way split of the company as this could unlock further value.

[janeann] 27/3/2012 08:13

agree chick. bought a few myself - hopefully at near the bottom.

[ch1ck] 27/3/2012 08:09

Results out they look fine to me but there was an overhang of shares being sold from yesterday which forced the price lower.

This was a fantastic oppotunity to pick up a couple of thousand shares at a 6% discount. dividend is up 18% and is currently 6% pa due to be paid in April.


A very good day

[samwn1] 18/1/2012 10:35

From ADVFN Newsdesk :

Life assurance group Resolution wasn't far behind after UBS upgraded the stock from neutral to buy, saying "Valuation multiples are not generally demanding and the [UK life and non-life insurance] sector offers an attractive alternative to the banks with limited exposure to the euro area."

[samwn1] 07/12/2011 18:10

Here we go again.

Following comment in ADVFN Newsdesk :

Resolution rose after Deutsche Bank upgraded the stock from hold to buy,


Good news RSL rises 10p, general market drift, RSL drifts down 10p.

[samwn1] 30/11/2011 23:43

MrMuggins - a UT trade is an 'auction' and is made up of a multitude of individual trades so not necessarily a single transaction. Google 'uncrossing trades' to find out more. When you've read a number of the definitions please come back and explain as my brain's hurting.

In terms of the share price I think the market thinks RSL is a financial share when the banks are falling and a defensive share when they're on the up. Heads you lose tails you lose.

[diku] 30/11/2011 23:34

MrMuggins....If you remember Friends Providend (FP.) used trade in a similar way as well....when market was up it too hardly partcipated in % terms....that jinks is still there!....

[mbu69] 30/11/2011 18:05

RNS on the 24th

Aviva plc & its subsidiaries

4% to 3% Change at Direct Interest Level

Maybe it's them ?

[mrmuggins] 30/11/2011 17:11

A quite thread here these days, so I'll say something.

Here we go again, Resolution resolutely refusing to participate in a big market
surge. Its a really bad habit that Resolution has had since the rights issue
last year - I can't remember a single occasion when Resolution has joined in a
big market rally. When I looked at 2pm RSL was up 3%, and it finished up down
2% !!!. Big volume today though, as reported by ADVFN, 13.9 million, including
a 6 million UC trade.

Do we think a big shareholder is ditching the shares, and why? Does anyone have
any info?

[worrier] 21/11/2011 11:00

Both sides agree can see there is a positive outcome. The only question is the price, assuming the due diligence does not dig up anything overstated or nasty.

Might just go on the back burner and EU events might push one or the other to re-enter negotiations.

Not worried

[hyden] 20/11/2011 20:09

Very interesting! I hold both so let's see what tomorrow brings.

[tday] 20/11/2011 13:14

Bidding for Phoenix? We shall see.

[hyden] 09/11/2011 15:13

Souunds like they are losing customers, then. Tough times, I guess so not so surprising that people can no longer afford to keep up payment on their life assurance policies. Will be interesting to see if other companies are suffering the same experience, though. Or is this perhaps Resolution specific?

[liquidkid] 09/11/2011 13:20

WTF is "adverse persistency experience" of £40 mn to £70 mn off 2011 pre-tax result.
Never heard of that one before more like a perverse experience of a profit warning.

[worrier] 09/11/2011 10:43

Agreed there's no obvious need for the markdown. Analyst presentation could restore confidence.

there was a para at the end.......-- the Board remains confident that, on the basis that market valuations of UK life companies are restored to levels prevailing prior to the recent volatility, the Company should achieve its targeted mid-teens returns on the UK Life Project.

I fear that need to get the market valuation restored in order to hit expected returns could be causing a drag on the share price today. Too much out of our control with the EU debacle?

[samwn1] 09/11/2011 10:27

ADVFN Newsdesk also seems to be unsure why :

Elsewhere in the financial sector, acquisitive insurance group Resolution is also on the slide, despite announcing a 'transformational' outsourcing arrangement with Diligenta, an insurance services specialist that is part of Indian information technology (IT) contractor Tata Consultancy Services, that it says will save it pots of money.

[samwn1] 09/11/2011 09:36

Where's the bad news here? All the 'ongoing business' items seem positive, dividend generous, sovereign debt £0 for Greece, £7m for Italy, yet on a good day for the market we bomb! Are the Italian bank bonds out of line with competitors? Does the nun have a view?

[hyden] 09/11/2011 08:58

his morning's announcement:

The GBP250 million share buy-back programme has now been completed and, to maintain the level of aggregate dividend payable, it is expected that the final 2011 dividend will increase to 13.42 pence per share, taking the expected aggregate 2011 dividend to 19.89 pence per share.

[fubaratbirth] 12/10/2011 16:22

been quieter than a nuns crotch on this board lately, yet look at the rise in past week or so! Wonder whats causing that, not complaining though!

[envirovision] 22/9/2011 10:11

Subject:
Date: Thu 22nd Sep 2011 10:09:09
Region:
Market sector:
Company: Aviva PLC


DJ MARKET TALK: Credit Suisse Alters Ratings On UK Insurers


0909 GMT [Dow Jones] Credit Suisse raises Aviva (AV.LN) and Legal & General (LGEN.LN) to outperform from neutral, cuts St James's Place (STJ.LN) and Admiral (ADM.LN) to underperform from neutral. Also, initiates Resolution (RSL.LN) at neutral. Says that within the UK insurance market, capital risks appear well contained "with buffers exceeding modeled losses by 3x to 10x." Says this "should reinforce investor confidence in the low risk of capital raising and relative security of dividends - ie, we think the sector is investable despite a difficult macro backdrop." Aviva price target is 440p, Legal & General 138p, Resolution 329p, St James's Place 365p, Admiral 1500p. ([e-mail])



Contact us in London. [phone]

[e-mail]



(END) Dow Jones Newswires

September 22, 2011 05:09 ET (09:09 GMT)

Copyright(c) 2011, Dow Jones & Company Inc.

[hyden] 14/9/2011 16:00

Look's like a potential double bottom to me. But given the Global Outlook I agree 212p is not as outrageous as it sounds. Only for the brave, imo.

[diku] 14/9/2011 13:20

That long term header chart not looking good...possibility that 212p could get a revisit...