Rsa Insurance Group Ld Share Discussion Threads

[hvs] 24/2/2014 07:34

What exactly did HESTER achieve at RBS ????

£ 8 BN loss coming soon with plenty more in reserve.

[skinny] 24/2/2014 07:01

Response to Press Speculation

RSA Insurance Group plc notes the recent press speculation regarding a potential Rights Issue.

RSA is considering measures to strengthen its balance sheet, including raising capital by way of a Rights Issue, however no final decision has been made by the Company at this time.

Further details will be given when appropriate.

RSA's 2013 full year preliminary results and update on the current business review will be announced on 27 February 2014.

-ENDS-

[smurfy2001] 23/2/2014 23:18

Monty you're not in this are you?

This is a right dog.

[montyhedge] 23/2/2014 20:00

Forecast dividend passed and fund raising.

[diku] 23/2/2014 19:43

RBS mark2!....

[hvs] 23/2/2014 18:57

Its not a dog.

Its very very good for a BONUS.

Soon have MONEY IN THE BANK.

Is it RBS ?

[portside1] 23/2/2014 18:47

rsa is now a dog and only good for trading dilution for p/I fund managers to clean up . they have can wait 5 years it means nothing to funds .

65p is still over valued ,

[diku] 23/2/2014 18:44

I is learning your trick...going to church next Sunday...

[hvs] 23/2/2014 18:42

I is earning me BONUS.

Went to Church in the morning though, to thank the LORD.

[diku] 23/2/2014 18:39

Sorry duplicate...I is no getting bonus...

[diku] 23/2/2014 18:39

You is still after your bonus even on Sunday!...

[dope007] 23/2/2014 17:32

All that says is private shareholders are canon fodder for the elite

[portside1] 23/2/2014 16:58

fair value now under 60p a 33 % dilution on way and no divs for 18 to 24 months
not worth holding

[topvest] 23/2/2014 16:56

I think you will find quite a few are trading significantly above book value - Hiscox, Admiral, Esure, Direct Line....etc. etc.

However, I do think RSA have been a bit fortunate on timing - they are looking for cash at a very good time. The share price would have been impacted much more in a bear market.

[dope007] 23/2/2014 16:51

Expect a much larger discount, but this market is nuts so anything can happen

[randolph and mortimer] 23/2/2014 16:49

1 for 4 at 90p seems feasible.

[dope007] 23/2/2014 16:43

Since insurance companies traded on the market

[topvest] 23/2/2014 15:54

Since when did NAV = share price for an earnings business with brands.

[dope007] 23/2/2014 15:17

It is above NAV so it is not in the price

[topvest] 23/2/2014 15:06

I would suggest all of this is currently discounted in the share price i.e. dividend cut and fund raising. It's only what is not expected that will move the price materially.

[portside1] 23/2/2014 13:38

1 for 3 at 70p .
not good sell then by back at 65 or under