Rsa Insurance Group Ld Share Discussion Threads

[korkikorki] 04/2/2014 16:45

I think Stephen Hester is an EXCELLENT choice and just what is needed.

[skinny] 04/2/2014 16:44

18,740,000 in the UT @99p - bodes well!

[optomistic] 04/2/2014 16:38

With Stephen Hester at the helm it makes RSA look a much better prospect.
Upwards from here.

[dr biotech] 04/2/2014 16:37

Hester was relatively underpaid at RBS. Obviously this is only in comparison to other massively overpaid parasitic bankers and CEOs, but nevertheless he did RBS because he wanted too rather than for the money. I can certainly think of worse and think he should be a decent man for the job.

[skinny] 04/2/2014 16:35

Seems to have been well received!

[bookbroker] 04/2/2014 16:32

Likelihood man of his stature persuaded the board to present him with a nice golden hello!

[keith95] 04/2/2014 16:31

Bought back again this morning :)

[fangorn2] 04/2/2014 16:30

Interesting appointment it has to be said.
Guess he fancied an easier challenge after his RBS foray.

[optomistic] 04/2/2014 16:29

Sharp move!
Possible info to be released after time?

I never noticed the RNS which explains the move, was still looking for one after the close.

[keith95] 04/2/2014 16:27

Nice one ... shorts getting a hug!

[keith95] 04/2/2014 10:18

wllmherk - Agreed ... except that share prices often rise briefly just before going Ex-rights so best to sell then and buy into the price drop ...

[wllmherk] 03/2/2014 22:58

If they announce a RI on the 27th, this will tank, consequently, Im holding back from a top up and average down until I know exactly how they are going to fill the financial black hole. If RI is announced I will take up the rights and average down that way.

wllm

[gutterhead] 03/2/2014 19:52

The div cut is already priced in IMO, why wouldn't it be?
Thinking about some more

[gutterhead] 03/2/2014 19:52

The div cut is already priced in IMO, why wouldn't it be?
Thinking about some more

[wllmherk] 03/2/2014 11:44

Skinny, I will read results with some trepidation. I agree with Keith in the dividend cut/passed already priced in. I also believe they are an ongoing, profitable company who will get over their current troubles. Ever the optimist.

wllm

[skinny] 03/2/2014 10:47

The 2013 full year preliminary results for RSA Insurance Group plc will be announced at 7am on 27 February 2014. There will be an analyst and investor presentation commencing at 08:15 on the day.

[hvs] 03/2/2014 08:06

NO divi

Give me mty BONUS. A PENSION TOP UP WILL HELP

[diku] 02/2/2014 18:35

Me thinks they should do RI while the share price is still at respectable level and trim the divi to a more sustained level...

[keith95] 02/2/2014 18:16

wllmherk - Investing is subject to risk. Sold non-core holding at 101 for a penny profit ... and looking to see how things pan out from here ... weather warnings are a good time to sell this share at this point - especially when combined with a general market demise as per the last week.

Am pretty sure that the divi will be passed - that news has been leaked.

So the only real question is the degree of the bad numbers being posted this year.

The market has more than priced in a dividend cut in terms of the share price as it always does - so the question is whether this is an an going business or not.

If you think it is an ongoing business and can put its woes behind it - then you can expect RSA to fluctuate between 1.00 and 1.30 as it has done previously - in which case any purchases around 93p has already the dividend loss for this year factored in from the lows of the past two years - obviously ignoring market over-reactions of the past 3 months.

[gutterhead] 02/2/2014 16:55

He very stupid
You're obviously always right! Very funny

[wllmherk] 02/2/2014 16:07

I haven't read any commentator that believes the dividend will be held, most, and I would agree, think it will be cut, or, passed altogether. If they are considering selling off bits of the company and/or a rights issue, then paying a dividend makes no sense. I bought RSA last year as an income stock,I felt the dividend was safe after they cut it last year, so I'am very disappointed at how things appear to be turning out.

wllm