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Share Name Share Symbol Market Type Share ISIN Share Description
Sabre Insurance Group Plc LSE:SBRE London Ordinary Share GB00BYWVDP49 ORD GBP0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 218.00 218.00 218.50 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 173.9 49.1 16.0 13.6 545

Sabre Insurance Share Discussion Threads

Showing 26 to 48 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
05/4/2020
11:39
From The Scottish Mail on Sunday; INVESTORS hunting for shares that are less exposed to the virus crisis might want to take a look at car insurer Sabre Insurance. While major companies have been slashing their dividends left, right and centre, number-crunchers are predicting that Sabre will on Tuesday unveil a special dividend alongside its annual results. That will mean the FTSE 250 company pays a larger dividend than it did last year with pre-tax profits expected to come in around the same as the year before at £61million. Most shares have gone into reverse recently, but Sabre appears to have dodged the worst of it.
wba1
26/3/2020
07:37
A leak? Quite likely I think. I'm not happy that companies are being advised to hold back results. They should be able to present the year's figures without giving future guidance. Cancelling dividends seems to be the fashion! With this company, the dividend is a prime reason to invest.
jonwig
25/3/2020
16:40
I am wondering if there has been a leak of results or outlook statement (including their view on the impact of the pandemic on loss ratio). I know they were sold off for no reason in the panic, but a near 20% increase in one day when other insurers with a majority of private car business (such as Hastings and Direct Line)have had much smaller recoveries suggests some reason behind the rise.
wba1
24/3/2020
10:57
Interesting, thanks.
jonwig
24/3/2020
10:05
Sabre is almost exclusively private car business (may be a few light commercial in there), which will see the greatest reduction in risk exposure. It also has reserves exclusively in bonds and cash (so only exposure to either rising interest rates - unlikely this year - or corporate bond default). On a cautious view that loss ratio may decrease by 10 points (equivalent to a 50% reduction in claims for 3 months and some tail effect) this would deliver an additional £20m to the 2020 bottom line. But I would expect Sabre (like any general insurer) to smooth the profit impact by overreserving for 2020 accident year or holding back prior year releases. But however you cut it, it is good news for Sabre profit. Either a big benefit for 2020 results or a smoothed benefit over 2-3 years. My only concern is that I have worked with both Keith Morris (ex Sabre owner and chair) and Patrick Snowball (current chair) in the past. Morris is very impressive. Snowball was a complete clown - but I doubt even he can stuff this up.
wba1
19/3/2020
08:18
Direct Line says: Within Motor the Group anticipates lower Motor claims frequency in the short term as the UK government increasingly advises against non-essential travel. Can we have 300p back please?
jonwig
10/3/2020
14:41
FY results 24 March.
jonwig
29/2/2020
08:41
Possible virus-related upside for pure motor insurers? • less economic activity, fewer vehicles on the road; • increased voluntary or compulsory self-isolation, fewer vehicles on the road; • increased online shopping: one van tootling about rather than a dozen cars. (Just a naive thought.)
jonwig
23/10/2019
06:43
Citywire: Peel Hunt has downgraded Sabre Insurance (SBRE) after the shares ticked up but continues to back its ‘defensive qualities’. Analyst Andreas van Embden downgraded his recommendation from ‘buy’ to ‘add’ with a target price of 295p on the shares, which were trading at 296p yesterday. He said a ‘solid performance’ from the group pushed the shares above the target price, prompting a downgrade. ‘Sabre remains a defensive holding in the motor sector, with attractive margins delivering circa 20% returns, a modest exposure to the Financial Conduct Authority pricing review, and a 7% dividend yield providing valuation support,’ said van Embden. ‘However, it is not immune to the price cycle despite its niche underwriting focus; as such, we believe the value proposition is largely driven by the yield it offers until the cycle turns.’ Fair comment, I guess.
jonwig
10/10/2019
07:28
Trading statement: https://www.investegate.co.uk/sabre-insurance-grp--sbre-/rns/trading-update/201910100700023561P/ All good, I guess. And not affected by regulatory threats directed at the practice of punishing customer fidelity.
jonwig
20/9/2019
15:54
Is there a bid coming here? From the US? UK insurers have been snapped up at various points in the past few years, and weak GBP is tempting. Trade volumes quite high. "Buy while stocks last."
jonwig
30/3/2019
06:27
IC makes a useful point: Sabre is also relatively unaffected by the Financial Conduct Authority review into dual pricing, essentially the differance in premium rates offered to new and existing customers, because it does not use this practice. Nor does it use behavioural factors such as pushing rates higher on customers deemed less likely to shop around. and concludes: The strong solvency ratio has allowed a 6p a share special dividend. Progress in the coming year is likely to bring more of the same, with flat premium income, but the shares are worth having for the dividend. Buy
jonwig
28/3/2019
19:56
Results presentation: https://www.sabreplc.co.uk/media/1206/sabre-annual-results-presentation-28-march-2019.pdf
jonwig
28/3/2019
09:33
Yes, the combined ratio probably tells why: Sabre 70.6% vs Admiral 89.3%. And, as they say (repeatedly) they aren't chasing volume.
jonwig
28/3/2019
09:28
Sabre Insurance Group plc (the "Group", or "Sabre"), one of the UK's leading private motor insurance underwriters? - sales £210m v Admiral £3.28bn Leading in profit terms Sabre profit after tax £50m Admiral £390m
wish i wasnt in rbs
28/3/2019
08:24
FY results: https://www.investegate.co.uk/sabre-insurance-grp--sbre-/rns/final-results/201903280700172521U/ "We are confident that by maintaining our absolute focus on underwriting discipline - treating volume as an output not target - we will continue to deliver strong profitability and attractive, consistent returns for shareholders and are well positioned to take advantage of growth opportunities at the appropriate time." Barring unexpected regulation, etc. I can see this swinging between 250p and 280p and throwing off 20p a year in dividends.
jonwig
20/3/2019
08:26
FY results are on 28 March.
jonwig
07/12/2018
06:51
Thanks - silly me. Have removed.
jonwig
07/12/2018
06:39
Jonwig Sabre Corporation not Sabre Insurance mate.
thelongandtheshortandthetall
06/9/2018
09:44
Quick update. I sold out at just above 280 due to the BC Partners first sale. Now that they've shifted the lot I'll be happy to buy back in if it drifts a bit lower. Say 250p. I'm not expecting it to get there. GLA
cc2014
06/9/2018
00:07
Questor: buy Sabre for its sharp focus on profitability and underwriting nous https://www.telegraph.co.uk/investing/shares/questor-share-tips-buy-sabre-insurance-hold-clarkson/
philanderer
26/3/2018
10:22
There sure is some volume going through as we head back up. I'm hoping for a quick return to the 270 area
cc2014
23/3/2018
09:12
MM's kind enough to let me a a few early on at 229. I think the share price will come back in due course once the dividend arrives. There seems no reason not to distribute significant amounts now the solvency ratio has reached 160%
cc2014
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