Resolution Share Discussion Threads

[sawadee3] 12/7/2012 09:17

Moving nicely again today :-)

[hydrus] 09/7/2012 20:30

RSL appearing on a documentary now about tax avoidance. Of course, they need to make a profit when the sell assets for anybody to worry about any tax.

[nofool] 09/7/2012 12:28

I've just looked at the falling revenue for this company. How the hell can they NOT cut the dividend, or even cancel it altogether??

[nofool] 09/7/2012 12:25

This stock currently has a yield of nearly 10%! Obviously if the share price falls much further that percentage yield will only increase, but will the dividend itself be cut any time soon?

..because if not, then RSL is a stonking Buy on the yield alone at these levels imo.

[pineapple1] 29/6/2012 07:01

Good some sell recs.That should help the stock soon.They will be buyers in the near future.

[samwn1] 27/6/2012 22:07

From ADVFN bulletin :

Insurance group Resolution was also lower after Investec downgraded the stock by two notches from 'buy' to 'sell' and more than halved its target. "We have significantly reduced our embedded value estimates and this highlights that there is likely to be less cash generation in the future," the broker said.

[mrmuggins] 27/6/2012 14:54

On 22 June 2012, and at a share price of 200p, Resolution was at position 93
in the FTSE 100. It has fallen by 5% since then. If it keeps on falling and
does not recover it may get kicked out at the next review. If there was ever
a time for a share buy-back perhaps it is now!

See the link www.stockchallenge.co.uk/ftse.php for FTSE 100 in market cap
sequence.

[bookbroker] 27/6/2012 14:51

Can't see this turning around, in at a higher level, but after y'day's sell note from Investec with target at 147p I'm out, stock basically a disaster and Cowdery's vision appears to be in disarray, the way the market is heading there is little or no reason to buck the downward trend of this stock!

[wilksey1] 27/6/2012 14:20

did think about averaging down but already thrown £30.000 at these so unless i can see a turn around i,ll just sit and watch for now,

[gary1966] 27/6/2012 13:29

Bought another chunk at 194p today. I was going to set the limit at 192p but thought with the positive markets overnight that it wouldn't get there. Oh to be able to trade with hindsight. Happy to hold until this kind of company comes back into fashion.

[wilksey1] 27/6/2012 13:20

no sign of it turning round,i thought i was on a good thing buying in at 230 doh

[envirovision] 13/6/2012 13:25

British insurer Resolution was the best-performing FTSE 100 stock this morning, rising around 2 percent, after broker UBS raised its rating on the stock to "buy" from "neutral."


Securequity's Afsar said he had bought shares in insurer Resolution

[gary1966] 13/6/2012 08:18

Sprightly start to this mornings trading. Hopefully £2 can become support again.

[hyden] 28/5/2012 10:55

The term 'restructuring project' in this context refers to the UK Life Project. Agree that a European prospect would need to be funded via a separate vehicle

[scburbs] 28/5/2012 07:04

It shouldn't be Resolution making the acquisition, even if the description on this issue was less than clear (e.g. Resolution may well be funding the bid costs! not sure why, presumably/hopefully for a good reason!).

"The Company, having undertaken a process of consultation with major shareholders, recognises that, while shareholders continue to support ROL's mandate to identify and bring new project proposals to the market, they would prefer any such new projects to be executed through separate investment vehicles established independently of the Company to avoid blending their returns with those of the Company's UK Life Project.

Accordingly, the Company announced in June that it would not undertake any additional restructuring projects until after the completion of the UK Life Project and that it had agreed a set of principles with the Resolution Group designed to achieve shareholders' objectives regarding future ROL projects."

[envirovision] 27/5/2012 22:31

DJ Resolution Mulling EUR1.5B Takeover Of Rabobank's Robeco-Report


LONDON (Dow Jones)-- U.K.-based Resolution Group is eyeing a EUR1.5 billion takeover of Rabobank's Dutch fund management fund Robeco N.V. (ROBA.AE), The Sunday Times reports without citing sources.

Resolution Group, headed by chairman Clive Cowdery, the insurance magnate, is believed to be in the early stages of considering a bid for Robeco, one of the biggest fund managers in Europe with EUR180 billion in assets under management, the newspaper said.

Barclays PLC (BARC.LN) is acting as the financial advisor for Robeco and plans to launch the sale process in the next few weeks although potential bidders have already been sounded out, the newspaper said.

It added that Resolution Group would have to raise new funds to pull off the purchase. It also said that a clutch of giant financial firms is circling around the business, but didn't cite any names.

Alex Child-Villiers, a Resolution Group spokesman said the firm doesn't comment on speculation. Barclays and its unit, Barclays Capital, weren't immediately available to comment. Rabobank and Robeco also weren't immediately reachable.

[diku] 26/5/2012 11:12

Share buybacks are nothing but a myth....market illusion...shareholders stay suckered in...

[sawadee3] 26/5/2012 11:06

LL, to be honest, it wouldn't really matter if they do. Trade the swings and you can get the 11% within days as opposed to waiting a whole year for it.

[lucky_lady] 25/5/2012 15:52

Do you not think the divi might be cut?

[sawadee3] 25/5/2012 08:47

Looking great chaps, been accumulating these for the cracking divi :-)

[kenmitch] 21/5/2012 11:34

No. Buybacks are a waste of money. Man Group bought back heavily until recently and their share price fell even faster from over 130p to well under 80p in no time. Share buybacks do not provide support for the share price.

[wilksey1] 19/5/2012 10:48

would the start of another share buy back be good ?

[enia] 17/5/2012 18:30

View from motley fool is interestingA casual skim through the highest yielding shares in the FTSE 100 brought up a company I knew very little about: Resolution Limited (LSE: RSL). This is an insurance company with a rather unusual history.
The firm was started in 2008 with a strategy of buying up unloved life insurance assets and wringing out excess costs from these companies. The business bought Friends Provident in 2009, and a year later it acquired Axa Sun Life Holdings. Then in 2011 BUPA Health Assurance was bought.
This company has particular appeal for high-yield investors, as at the current price of 213p it is on a forecast yield of 9.8% -- very juicy, and one of the highest yields in the Footsie.
Why is the yield so high? Well, the company had a rough 2011, making a loss of 4.3p a share, having made a profit of 80p a share in 2010. The loss was due to a fall in value of its long-term investments (operating profit was actually up). Since these results came out, the shares have been tumbling.
But, importantly, the company was still able to raise its dividend by 10%, as it has an impressive capital surplus of £2.1 billion.
What's more, things are looking much better for 2012, with the firm forecast to return to profit, and it is currently on a forecast P/E ratio of 9.6, which falls to 7.6 for 2013. Resolution is definitely in bargain territory now.
Has the knife hit bottom yet? Well, having seen what has happened to other companies in the out-of-favour insurance sector such as Aviva (LSE: AV) and Royal & Sun Alliance (LSE: RSA), I wouldn't be surprised to see Resolution fall in price for a while yet. So, for me, this is one to keep on your watch list and monitor patiently.

[scburbs] 17/5/2012 15:50

Missagain, A good time to average down IMV if you have enough spare funds and can accept that they may well carry on falling. I have added a few and will add again if they keep falling.