Abbey Protection Share Discussion Threads

[greenroom78] 13/9/2013 16:26

Bulk of the trades have been at 120p of late including a few 50k's. All trades are that price today so you have to assume buys I guess. The delayed 50k's might've been sells from the other day I guess.

Still happy to see stock changing hands around the ATH level.

[masurenguy] 10/9/2013 15:56

New ATH today of 121.4p !

[masurenguy] 05/9/2013 15:35

The Tempus coverage in todays issue of The Times focuses upon the future potential expansion of Abbeys legal services that should result from the acquisition of Lewis Hymanson Small and mentions that there were some additional one-off costs in H1 relating to this acquisition and its integration into the Group.

They also refer to a reduction in contribution from Ibex, the internal Group reinsurance underwriter, resulting from claims that emanated from earlier years. This raised the combined operating ratio above
70% but this is still below the level of most other insurance companies. They also refer to the fall in investment income resulting from the ultra low interest rate environment.

They highlight the 14% increase in the interim dividend and point out that, at the current share price,
the annual yield is "approaching 5%".

[grahamburn] 05/9/2013 15:10

Useful and positive mention in Tempus column in The Times today, emphasising yield characteristics and potential from legal acquisitions.

PS Can't copy due to copyright.

[shawzie] 05/9/2013 12:29

Lewis Hymanson Small Solicitors LLP contributed £760,000 revenue and a loss of £55,000 to the Group's profit for the period between the date of acquisition and the balance sheet date.

Is this going to be a drag on ABB or can it be made profitable in the second half of 2013?

[caradog] 04/9/2013 14:06

I think the results were a little disappointing. The outlook has deteriorated from "cautiously optimistic" in the prior statement to "cautious" in this one, and some profit shortfall was "unexpected" which always increases investor nervousness. Nevertheless, investors aren't spoilt for choice when it comes to AIM companies that offer good cash flow and dividends. May not be a sizzling growth company, but should still be around and paying dividends for years to come, and no inheritance tax to pay, which is worth 40% to someone like me who is investing on behalf of an elderly relative.

[greenroom78] 04/9/2013 12:22

Here comes the flood of volume. Just under 1m in 5 trades (at 114.5p)

[wingrove4] 04/9/2013 12:19

Typical of market looks OK to me so they mark price down.?

[greenroom78] 04/9/2013 09:51

Not suggesting there was. I'm surprised this hasn't attracted a few more income seekers that's all.

[masurenguy] 04/9/2013 09:29

Hardly a sell off - just 8 transactions reflecting 0.0004% of the shares in issue !

[greenroom78] 04/9/2013 08:32

Not sure I see a reason to sell those results, what were the expectations?

[greenroom78] 04/9/2013 07:31

No complaints with that, and nice that they are keen to give it back to shareholders.

[masurenguy] 22/7/2013 07:10

RNS Number : 7382J
Abbey Protection PLC
22 July 2013

Notice of Interim Results

Abbey Protection plc, the specialist supplier of legal and professional fees insurance and services products, will announce its interim results for the 6 month period ended 30 June 2013 on Wednesday 4 September 2013. There will be an analyst presentation to discuss the interim results at 9.30am on Wednesday 04 September 2013 at FTI Consulting, 26 Southampton Buildings, London WC2A 1PB.

[grahamburn] 08/7/2013 15:44

Both of us talk the same language - and have the same interest in this excellent company. A great yield and good growth potential.

[masurenguy] 08/7/2013 15:37

grahamburn - intelligent and informed contributions are always welcome :-)

The reference to an RNS just relates to the possiblity of a threshold being potentially crossed by an
existing institutional or inside holder, which would then trigger an announcement.

[grahamburn] 08/7/2013 15:24

Unlikely as these three trades are less than 1% of the share capital, although it's possible if all three were executed by the same person/institution AND they already hold 2%+.

Not quite sure why I've posted this as it's stating the obvious on a board which only has experts frequenting it!

Apologies M.

[masurenguy] 08/7/2013 13:16

Some interesting trades this morning - 450K, 250K & 175K @115p. We may see an RNS in due course!

[masurenguy] 02/7/2013 08:50

The government has announced that it will be introducing legislation later this month to amend the existing ISA regulations to make listed AIM shares eligible to be included in an equity ISA. This eligibility is scheduled to occur "shortly after" the legislation is amended so it could become effective in August or September.

With the track record that Abbey has in terms of growth in revenues, profits, net cash, eps and dividends it could become a popular recommendation as an AIM share suitable for inclusion in future ISA holdings. I will certainly add to my existing shareholding in ABB by including it in my future ISA stockholdings.

[pillion] 24/6/2013 11:40

Special Dividend received OK late Friday

[pillion] 06/6/2013 21:03

I keep an eye on Special Divi payers on the Toplist Board



Clicking on 'Type' will put the special div payers at the bottom, though not in date order

[masurenguy] 06/6/2013 12:49

The 5p special dividend went XD on Wednesday last week but the shareprice only slipped by 2p and that
is a strong sign of investor confidence. The actual payment date is two weeks tomorrow (June 21).

[masurenguy] 22/5/2013 16:50

Good for you Pillion - there is plenty of future mileage here especially when they have had the opportunity to start exploiting their new ABS license. A new ATH closing price of 121p today!