|B.P. Marsh & Partners
||EPS - Basic
||Market Cap (m)
BP Marsh Share Discussion Threads
Showing 251 to 273 of 275 messages
|Sky, certainly the treatment of small holders by dominant holders compares badly with ASY. I did buy here @138.82 on 14.01.15 and have had a unrealised gain with a poor dividend which contrasts well with ASY where the yield - currently 6.55%-- is the only bonus, So I guess I'm happy with BPM. Both have the outside possibility of death break-ups in my view.|
You are good at what you do!
Pointed me in the right direction a couple of times.|
|elmfield - agreed, nice and slow wins the game. Regardless of my concerns I obviously sold too early; but moved on within the PE sector, so all good...|
|yes i think i'm up more than that, inc divs|
|In the last 3 1/2 years since i first bought them the price has risen 60%. I don't want income; I want growth but if I did want income I could easily sell some.|
|Dividend up 10%
Discount to NAV been steadily narrowing.
I am happy to settle for that, nice and steady as we go.
Sky, a little harsh but you probably have little nuggets elsewhere to deal in
and out of, good luck.
I settle for nice and slow, works in the long term pretty well.|
|Skyship I have held this share for over 6 months and have looked at historical data. Having seen the rns today I have to agree with you completely and sold all my holding at 207p just after open. Good company but agree they should give more to shareholders or do more to close the gap with NAV. I may return if the price drifts from here. If not I'm happy with 20%+ return since I bought.Good luck all.|
|elmfield - just seen yr post No. 259 above. Pls re-read my 258.
You will see that I was not knocking BPM or the sp; I was questioning their dividend policy. I still do...is that unreasonable?|
|Happy with that, so far so good.|
|reported NAV 253p|
hit 210p this morning|
|You have been knocking these since you sold.,
Meantime up from 145p to 190 in no time and more to come!|
|With the cash and profits avaialble for distribution a mere 3.76p for a 2% yield is parsimonious in the extreme. The policy reflects the tax position of the 56% controlling shareholder rather than the best interests of outside shareholders.|
|I have queried share buy backs in the past. Apparently AIM rules mean they have to be proportionate to general market trading. I agree £10k looks a nonsense - but there must be reason.|
|Trading update this morn
Ticking along nicely
apart from the pointless 5726 treasury share buy back :)|
|APEF - yes, had a good run there. Trimmed a few at just over 100p last week.
Bizarre goings-on yet again at LMS....was Westpool a similarly bad corporate governance situation. Don't recall...|
|ST been at work?!|
|I like apef, but can not get excited about lms, done well for me over thirty years though.
Remember west pool inv trust?!|
|Yes, well done. Missed my opportunity to buy back at 155p (or lower) after Brexit...had it in my sights, but bought more NBDG instead...gone well overweight there.|
I am still here and very happy with it!|
|ST covered these in June just after the results, his conclusion pasted below, obviously pre the Besso speculation:-
Needless to say, I remain positive on the investment case, having last updated the investment case at 157p (‘Primed for investment gains’, 10 Feb 2016). In fact, I have nudged up my target price from 190p to 200p a share. Analyst Barrie Cornes at broking house Panmure Gordon is positive too, having raised his target from 180p to 194p post yesterday's full-year results, implying a 20 per cent share price discount to book value. With the shares in blue sky territory, and prospects of corporate activity for its investee companies, I feel both our targets could yet prove conservative.
On a bid-offer spread of 167p to 170p, valuing BP Marsh’s equity at £49.5m, or 30 per cent below book value of £70.8m, I continue to rate the shares a value buy.