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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 76 to 98 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
12/3/2021
11:12
Notice of Results - HTTPS://www.investegate.co.uk/sabre-insurance-grp--sbre-/rns/notice-of-results/202103120700040012S/ Sabre Insurance Group plc, one of the UK's leading private motor insurance underwriters, announced on 23 February 2021 that it will release its full year results for the period ending 31 December 2020 on 16 March 2021. A virtual presentation will be held at 8:30am on the day. Please note the change of time from 9:30am to 8:30am. Please contact sabre@tulchangroup.com to register. Instructions on how to connect to the meeting will be circulated ahead of the session.
speedsgh
23/2/2021
11:09
Notice of Results - HTTPS://www.investegate.co.uk/sabre-insurance-grp--sbre-/rns/notice-of-results/202102231040360401Q/ Sabre Insurance Group plc, one of the UK's leading private motor insurance underwriters, will announce its full year results for the year ended 31 December 2020 on 16 March 2021. A virtual presentation will be held at 9:30am on the day. Please contact sabre@tulchangroup.com to register and for instructions on how to connect to the meeting.
speedsgh
09/2/2021
09:57
You can go wrong with Sabre if they target significant growth. As any underwriter will tell you, new business comes at a 5-10% (minimum) loss ratio penalty compared to renewal business. I was surprised that this did not happen with Snowball around (who used to declare Christmas sales when running Aviva GI, if he thought he was going to miss volume targets. But at least he is now gone. Do not get me wrong. Sabre are the quality play in this sector, but have taken this position by a clear focus on underwriting quality. If they compromise this for growth the risk increases materially. I do not expect this, currently hold (but for range trading) and expect March results (and next years) to be excellent (albeit I expect them to restrict the declared profit by stashing surplus reserves for a rainy day).
wba1
12/1/2021
19:47
Can't go wrong with Sbre. Especially as people aren't driving in the lockdown
wish i wasnt in rbs
11/1/2021
22:30
Sabre ahead of the pack, says Peel Hunt - https://citywire.co.uk/funds-insider/news/the-expert-view-next-tp-icap-and-sabre-insurance/a1447471Sabre Insurance (SBRE) will snap back to growth once inflation returns, leaving the competition behind, says Peel Hunt.Analyst Mark Williamson retained his 'add' recommendation and increased his target price from 260p to 290p on the stock, which was trading up 0.5%, or 1.5p, at 285p at time of writing on Friday.'Sabre's consistent focus on maintaining best-in-class margins makes it premium income more volatile in a soft rate environment,' he said.'However, this is a worthwhile trade-off. We believe growth will return once claims inflation snaps back; the competition will be forced to catch up with the rate increases Sabre has already put through, driving volumes back to Sabre.'Williamson added that the 5% dividend yield remains a 'key attraction'.
speedsgh
08/1/2021
12:45
Kayne Anderson Rudnick have increased again, to 8.01%.
jonwig
03/12/2020
09:10
The explanation for the mid-November spike has become apparent. Kayne Anderson Rudnick increased their shareholding from 6% to 7.5%, so it was the filling of a large buy order. The interesting question is about their intentions. They are not known as an activist investor, but 7.5% is a fairly large holding.
wba1
23/11/2020
13:17
Very similar to CSN the way this behaves with its random spikes and dips. Just look at that chart - a beauty for trading.
thebutler
17/11/2020
14:37
Just my opinion speedsgh. The important thing is less the timing of specials than that Sabre will pay them when they can. I am a bit surprised at the rise today, but I never did figure out what caused it to spike to 310 in late summer and could not believe it when it fell back to the 220s.
wba1
17/11/2020
14:06
Happy to defer to your greater experience, wba1. Either way would be a satisfactory outcome imo. I do not currently hold. Kicking myself that I didn't start looking more closely at SBRE until the last few days. But am happy to wait for a future opportunity to build a position at a slightly lower price.
speedsgh
17/11/2020
13:55
I will be surprised if there is another special dividend with the 2020 final. Much more likely to look to having a progressive final dividend (ie an increase on 8.1 to, say, 8.5p. Given the recent special and the liking of the market for progressive dividend records an increase in the final would be good PR. I am also thinking that they have a little less room than last year with September 2019 solvency ratio at 186% (still excellent) compared to 198% at the same point in 2019. Of course, they have been stuffing reserves to the gunwales so have hidden leeway from reserve releases.
wba1
17/11/2020
10:36
Going by their comments in the Interim Results and Oct trading update, I would anticipate another return of surplus capital (via special dividend) alongside payment of the FY20 final dividend in May 21. FY18 core dividend 14.00p (interim 7.20p, final 6.80p); special 6.00p = FY18 total 20.00p FY19 core dividend 12.80p (interim 4.70p, final 8.10p); special 5.20p (declared, then postponed, then reinstated alongside FY20 interim payment) = FY19 total 'declared' 18.00p FY20 interim 4.30p...
speedsgh
16/11/2020
19:35
GaryCook; if you take all the dividends paid in 2020 the yield has been 6.7%, but of the 17.6p, 5.2p was a special and so not to be expected every year (they paid one in 2018 but not 2019). So the predictable yield is 4.9% but with the added possibility of special dividends.
wba1
16/11/2020
16:12
Up the Villa. Jim O'Neil supports Man U
petewy
16/11/2020
16:11
wba1,So the Dividend,s paid in 2020 so far of 17.6p,gives SBRE a dividend yield of 6.71% at 262p correct ?
garycook
16/11/2020
15:04
Baggies indeed. For a time it seemed to be an insurance thing with others like Andy Homer (ex AXA and Towergate CEO) and Martin Capewell (ex HSBC and MIB board)season ticket holders.
wba1
16/11/2020
12:37
Thanks for reinforcement WBA (Baggies?)
petewy
16/11/2020
10:07
GaryCook; not knocking DLG. They have been a solid play for many years and remain a decent trading and income share. But market cap is irrelevant (ignoring the micro caps). What matters is what value the market cap represents relative to performance fundamentals and outlook. IMHO DLG are more exposed to headwinds than SBRE. Particularly, the threat of a dual pricing ban is horrible for DLG where in excess of 50% of their earned premium would be affected. SBRE is wholly unaffected by this issue as its business is niche with primarily scheme and broker sources. I do not expect DLG to visibly suffer for some time (if the FCA decision is as expected) because they can stash away this years excess profit in reserves and smooth profit flow for 3-4 years (ignore DLG comments about increased costs at present/higher severity - this is just them laying the ground for smoothing profit by reserve stuffing, which all insurers will do), but eventually the FCA will bite. For an insurer (and especially an UW director (my background), what matters most is the COR/LR, and SBREs is market leading and difficult to replicate because of its niche business and data. SBRE also has an (extremely) conservative approach to investing reserves, being almost exclusively in government bonds with the resultant effect of either minimal exposure to default or being able to move to a more aggressive policy when appropriate in order to improve investment return (and profit). SBRE will not set the world on fire but is the quality play at present.
wba1
16/11/2020
09:19
Not quite sure where you get the 4.78% yield from Gary ?
wish i wasnt in rbs
16/11/2020
06:07
wba1,Sooner hold DLG,with its £4B Mcap for value,and a 7.45% plus dividend yield,compared to SBRE Mcap £650M at only a 4.78% yield atm.Similar possible 20% upside from here,in both DLG,& SBRE.
garycook
30/10/2020
11:47
EI - I doubt Amazon would be interested in non-standard policies. And would A. take the trouble of actually covering the policies (so much intrusion!), or just be a portal? Worth saying that Aviva have a stake in Sabre, and so does a US outfit called Kayne Anderson Rudnick. EDIT: Amazon's India underwriter is Acko General Insurance. Amazon is just a portal.
jonwig
30/10/2020
11:24
A potential problem for the sector is Amazon. They have now entered the Indian automotive insurance sector, UK within 3 years imv.
essentialinvestor
30/10/2020
11:13
Thanks Jonwig, I admit I was wondering if they were a Saga-type outfit with a cosy set of brokers and a customer base happy to get fleeced year after year out of ignorance or laziness. That model can’t survive long term. But there has to be rich pickings in the areas of the market that fail the computer-based underwriting models of the likes of Direct Line, and if that’s what they’re doing I’ll dig a bit deeper. Their accounts certainly suggest they are well rewarded for the extra risk.
squeamish1
Chat Pages: 6  5  4  3  2  1
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