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Share Name Share Symbol Market Type Share ISIN Share Description
Rsa Insurance Group Ld LSE:RSA London Ordinary Share GB00BKKMKR23 ORD GBP1.00
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 684.20 684.20 684.40 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 6,546.0 483.0 30.9 22.1 7,079

Rsa Insurance Group Ld Share Discussion Threads

Showing 9026 to 9049 of 9525 messages
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DateSubjectAuthorDiscuss
05/3/2015
09:56
RSA down again! If only I had been as successful at picking gainers as I have been at picking losers I would be a very wealthy man now...but was not to be :-(
optomistic
03/3/2015
13:24
Is there news on this today? Broker downgrade maybe? I'm still sitting on the sidelines watching and waiting. Wondering what will happen at 420-425 this time and thinking it's not going to hold
cc2014
02/3/2015
11:38
2 steps forward and 3 steps backwards. In reality 86p compared to the pre rights issue.
chancer
27/2/2015
12:15
From the Insurance Insider - hxxp://www.insuranceinsider.com/assets/_files/html/alerts/1_1253603_p.html?utm_source=Insider-Publishing&utm_medium=Email&utm_content=Untitled&utm_campaign=RSA+shares+down+6%25+over+capital+outlook&utm_cid=22144 RSA shares down 6% over capital outlook David Bull Shares in RSA closed down almost 6 percent today (26 February) at 424.24p as investors reacted negatively despite the UK insurer reporting a return to profitability. The multi-line carrier unveiled pre-tax earnings of £275mn for 2014 that reversed its 2013 loss of £244mn. But commentary from management on RSA's earnings call pointing to higher required capital levels appears to have fuelled the negative reaction from investors. In a note, KBW analyst Greig Paterson said the insurer's management flagged greater-than-expected negative impacts from interest rates that have remained low, specifically highlighting elevated capital requirements and the potential impact on dividend prospects. "Ironically, history has taught us that non-life companies' profits ultimately do better when interest rates are low, as capital leaves the sector and the improvement in pricing/underwriting results more than compensates. "However, for a stock where capital concerns are still fresh in investors' minds we are not surprised with today's negative share price reaction," Paterson said. The analyst reported that RSA management also cautioned that the stronger pound combined with sustained lower interest rates meant the insurer is likely to need to hold tangible capital at or above its 35-45 percent targeted range in the medium term to support its single-A range credit rating. Paterson said he has reduced his dividend forecast for the company for 2016, and lowered his price target by 10 percent, but added that the insurer continues to offer an attractive dividend yield compared to its peers. Meanwhile, Shore Capital analyst Eamonn Flanagan noted that while RSA's underlying result "before the bad stuff", was ahead of the market's expectations, pre-tax earnings were below forecasts as a result of write-offs and one-offs, and the dividend was materially below what had been anticipated. "However, there appears to be light at the end of the tunnel with a strong current year underwriting results and resilience in its core markets in Scandinavia, Canada and even the UK," he said. Bernstein analysts described the results as "on balance disappointing", as they also highlighted a challenging outlook for RSA. "Balance sheet continues to be vulnerable and work needs to continue in 2015 with Solvency II project ongoing, the CFO [Richard Houghton] has resigned and reserve release guidance is ‘below 1 percent' versus our current forecasts of 1.5-1.7 percent," they commented. The analysts added that positive news with the operating income beat and slightly higher cost cutting target was not sufficient to offset capital uncertainty. "Given economic uncertainties, we expect investors to prefer safer havens than RSA," Bernstein suggested. As reported earlier today, RSA's core business underwriting profit improved sharply to a record £190mn, excluding Ireland, up from the £97mn recorded in 2013. The underlying current year loss ratio of 56.2 percent was 1 percentage point better than the previous year. The company's combined ratio nudged in the right direction to 98.8 percent from the 99.4 percent recorded in the prior year period. Stephen Hester, RSA group CEO, said that RSA had made good progress in the face of some tough realities. "RSA returned to profit in 2014 and to paying a dividend. Our customer franchises proved resilient. Current year underwriting profit (ex-Ireland) was improved to record levels. Successful disposals realised strong gains. Costs were cut and savings targets increased. "However, the clean-up of past weaknesses was also expensive; and market headwinds, especially from exchange rate changes and low interest rates, are a drag on results," he acknowledged.
wassapper
26/2/2015
16:42
I got back in at 425 long term in my isa
hanse495
26/2/2015
15:09
I don't have a price target, but maybe I should. Tend to buy and hold. Putting my faith in Mr Hester to turn this around. I'll keep your £4 - £5 range in mind though.
glynnef
26/2/2015
15:03
What is your price target GlynneF ? Are you looking long term or short to medium term. I think RSA is a great trading share, I don't see if going much beyond the £4 - £5 range within the next year.
eastbourne1982
26/2/2015
15:00
I am with you Eastbourne. Just a bit under £4.20 for me. The recent dips to this level were at times the news was much gloomier than today, so I am confident we have bought low. Time will tell!
glynnef
26/2/2015
14:28
Just gone long at £4.19, if the general market stays settled I think this will return to around £4.70 - £4.80 within the next month or two.
eastbourne1982
26/2/2015
12:47
Just toppled over the edge of a cliff. Why?
tfergi
26/2/2015
12:47
Hester getting a NICE BONUS and PENSION TOP UP ? Thats the way the CITY works.
hvs
26/2/2015
12:35
CFO leaving, hardly surprising, had I been CFO I would have made for the door as well.
optomistic
26/2/2015
12:16
That's a big drop, considering the results were pretty must as expected
hanse495
26/2/2015
08:31
Results not exactly well presented. Forgive me for lack of patience, but what is the EPS number? They seem to have well and truly buried it. Unless you have a couple of hours to analyse the results its just all too difficult and you conclude that the 2p dividend tells it all. Pretty pathetic!
topvest
26/2/2015
08:31
tfergi...let's keep that to ourselves!
optomistic
26/2/2015
08:21
At least it's a start.. Does this share get the prize for the least talked about FTSE100 share in history :-)
tfergi
26/2/2015
07:51
Final divi reinstated...2p
optomistic
25/2/2015
09:07
Finals tomorrow. You will find out in the morning tfergi
optomistic
18/2/2015
21:08
Have re-starting of dividend payments been confirmed or are they still forecasts?
tfergi
11/2/2015
15:05
Why I Would Buy RSA Insurance Group - By Royston Wild: Shares in RSA Insurance Group have enjoyed a poor start to the week and were recently 3.5% lower on the day. Still, I believe that investor sentiment is set to pick up as extensive restructuring and massive disposals allows it to concentrate on its key markets of UK and Ireland, Scandinavia, Canada and the growth regions of Latin America. City brokers expect the company to bounce from an expected 33% earnings dip in 2014 — results for which are due on Friday, February 27 — and post strong growth in the coming years. Indeed, expansion to the tune of 54% and 10% is pencilled in for 2015 and 2016 respectively. As a consequence RSA Insurance deals on a P/E multiple of just 12.5 times prospective earnings for this year and 11.4 times for 2016 — any reading below 15 times is widely considered thumping value for money. And the insurance giant is also a great value pick for dividend hunters, with projected payments of 16.9p per share in 2015 and 22.2p per share next year creating mammoth yields of 3.7% and 4.9%.
loganair
10/2/2015
08:55
Going up...but a lot slower than it went down yesterday...never seems to do that does it! Did the reason for yesterdays drop ever become apparent? I thought it was abnormal and took a chance and added to my holding.
optomistic
09/2/2015
16:00
Vent your spleen elsewhere Old Boy !!!!!!! ; )
eastbourne1982
09/2/2015
15:48
2 years I've this POS and not got a penny from it. WTF is Hester doing for the shareholders ..... SFA ....
gsf650
09/2/2015
15:44
Barclays are the most fond of RSA with target of 531 followed by Credit Suisse @ 525 ...as for the rest, well I'm going to ignore them for while :-))
optomistic
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