II Editor
30 Apr 2018
NEW ARTICLE: Chart of the week: back this FTSE 100 winner "On 24 December, I suggested that LSE:RSA:Royal and Sun Alliance Insurance Group was a 'strong buy'. The shares were in a decline following the huge claims from the recent Caribbean hurricanes.This was the chart then:Source: interactive investor ..."[link]
Hydrogen Economy
21 Feb 2018
FY Results FY due tomorrow 22nd Feb. a reminder of what to expect- Q3 trading update:- YTD Group net written premiums at Q3 2017 are up 8% as reported, and up 3% atconstant fx rates, versus Q3 2016. Volumes accounted for 1% growth in the quarter, with rate increases adding 2%. EPS YTD is ahead of 2016 though held back by Q3 underwriting results.The adjusted EPS 2016 was 39.5p, prior to Q3 the Digital Look 2017 forecast was 44p but now mean Adj EPS is forecast at 39.1p slightly down from 2016 suggesting analysts think picture has worsened since the Q3 update. Several insurers have had poor results due to claims from the storms. I had a moderate holding here but decided to manage risk and have sold around half at a 10% profit but well off the peak price mid 17.H2
II Editor
24 Dec 2017
NEW ARTICLE: Chart of the week: This blue-chip is a strong buy "Is RSA Insurance offering us a Yuletide present?In common with most of the insurance sector, LSE:RSA:RSA shares have been in a major uptrend for some time. But with the damaging hurricane season boosting claims especially in the Caribbean, the ..."[link]
Apostrophe
08 Feb 2017
Re: 601 at opening? ,,,,seems a large overreaction to just the disposal to Enstar?Anyway I sold, so good luck all holders - I imagine that now I've sold the SP will rocket
Apostrophe
08 Feb 2017
601 at opening? What's going on?
Jaddaj
15 Sep 2016
Someone's doing something right Patience seems to have been a virtue
nk1999
09 Sep 2016
HSBC view "HSBC upgraded RSA Insurance to 'buy' from 'hold' and raised the price target to 595p from 520p despite the strong share price performance.The bank noted RSA shares are up 19% year-to-date, outperforming the FTSE 100 index and the DJ Stoxx Insurance index by 9% and 36%, respectively."We upgrade the shares given we see more scope for management actions around the legacy portfolio, debt restructuring, cost savings and a further improvement in attritional loss ratios.""The capital position is comfortable while there is more scope for EPS upgrades if the management team achieves its 2018 ambitions, increases cost targets or restructures debt further."HSBC downgraded Hastings to 'reduce' from 'hold' and upped the price target to 193p from 185p.It said while the company remains a beneficiary of rate increases in the UK motor insurance segment and is well-placed to achieve its IPO targets, it is concerned about consensus earnings estimates.In addition, it said the stock screens expensive trading at 15% above its new target.The bank kept Admiral at 'hold' given the lack of upside and as it awaits more disclosure on the company's UK home segment.It retained Direct Line at 'reduce', pointing to declining earnings during 2015-18 despite the group being a beneficiary of rate increases in the UK motor segment.HSBC held Esure at 'buy' saying it has a comfortable capital position and should experience around 17% compound annual growth rate in 2015-18 operating earnings."From ADVFN.
nk1999
04 Aug 2016
HL view "Our view:Stephen Hester's turnaround plan at RSA appears to be working. The balance sheet has been painstakingly restored, £200m of cost savings have already been delivered, with a further £150m expected by 2018. The completion of the asset disposal programme means that RSA is now a much more focused operation.These self-help measures have enabled RSA to overcome a very challenging operating environment and analysts are forecasting double-digit earnings growth out to 2018. Historically the dividend has proved about as reliable as an English summer, but now looks more secure, given RSA's much stronger balance sheet position. The yield for FY16 is 2.7% rising to 4.5% by FY18 on current analyst estimates. We are impressed with the job Mr Hester has done in the short time he has been there. The dramatic improvements in underwriting performance, RSA's bread and butter, should make investors sit up and take notice. However, the other element of the strategy, cost cutting, cannot continue indefinitely without damaging the business, and we still struggle to get excited about RSA's long term prospects.Commercial and personal insurance markets are immensely competitive and there is nothing particularly special about what RSA does. In today's increasingly transparent world of the internet and price comparison websites it is hard to keep hold of customers, let alone acquire new ones; whilst maintaining margins."
JR710
22 Jul 2016
The Petition is gaining support Apologies for board hopping; but !The petition is going quite well; 6050+ signatures so far. ONLY 2 weeks to go !!![link] you hate seeing buys reported as sells etc!!!!!!Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.New chancellor, shaddow chancellor & lots of others inc Stock Exchange aim committee.If you follow tweeters etc, send it to them please!If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
flexdream
20 Jul 2016
Zurich Will ZAG be tempted back by the weak £?
II Editor
19 Jul 2016
NEW ARTICLE: Blue chip chart breakout imminent "It's not a quick 'smash and grab' for day traders, but things seem to be coming together for this blue chip, says technical analyst Alistair Strang.It's not often the subject for our report is inspired by the weather but... things seem to be ..."[link]
II Editor
18 Jul 2016
NEW ARTICLE: Trends and Targets for 19/07/2016 "ROYAL SUN ALLIANCEÂ (LSE:RSA)Â It's not often the subject for our report is inspired by the weather but... things seem to be coming together for RSA. As the chart shows, the share has a BLUE line since 2013 and we've become interested in recent ..."[link]
JR710
04 Jul 2016
The Petition is gaining support Apologies for board hopping; but !The petition is going quite well; ~5700 signatures so far. Although it needs a boost.[link] petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016.The FCA have finally replied, saying its nothing to do with them as they only deal with market abuse & insider dealing, now is your chance to have your say.If you hate seeing buys reported as sells etc!!!!!!Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.My local MP supported this petition by writing to the petitions committee to help un-stall it.There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go!If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. ONLY 8 weeks to go !!!So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
nk1999
23 Jun 2016
Barclays view From ADVFN:"Barclays said it sees 15% upside at RSA Insurance after an encouraging meeting with some of the company's management, reiterating its 'overweight' rating.RSA's chief financial officer Scott Egan repeated the recent mantra that, while it is early days on the roadmap to its 2018 targets, the company is on track and is "focused intently on executing".Management's ambition is to achieve a combined ratio (COR) of less than 94% in UK, akin to Aviva UK at 93.5%, less than 94% in Canada and less than 85% in Scandinavia, which equates to group combined ratio of circa 91%."The plan was not predicated on any changes in the company's underlying markets, but purely on self help levers within their control. If they do not achieve the targets, management will be held accountable," Barclays relayed.The bank upgraded RSA last month on the thesis that even if the insurer is able to partially achieve its 2018 ambitions, the stock offered significant upside to potentially become one of the highest yielder within FTSE 100 beyond 2018."nk
nk1999
11 May 2016
From III Positive comments here:[link]
