||EPS - Basic
||Market Cap (m)
|Equiniti Daily Update: Equiniti Group is listed in the General Financial sector of the London Stock Exchange with ticker EQN. The last closing price for Equiniti was 196.75p.|
Equiniti Group has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 300,007,559 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Equiniti Group is £594,014,966.82.
|vacendak: My current effective yield is only 1.4%; better than a cash ISA for sure, but a bit short of the great returns promised in the original prospectus. I would not mind a bit of excitement in the share price indeed.
I am definitely long term on this one, but had expected a sharper, and quicker, take-off from the 165p IPO. We should be sailing around 220p right now according to last year's forecasts/expectations.
Oh well... at least I am making pennies, which is still better than losing pounds.|
|vacendak: Yep, they are paying their bills and are slowly putting that story about excessive debt load at IPO behind them.
I like the fact that they do not use Brexit as an excuse for anything but instead state that "A clear focus on the UK and on complex and regulated markets ensures some insulation from current market uncertainty."
Share price up a bit (1p at the moment), not exactly on fire though.
The current forecast on the FT puts it between GBX 200 and GBX 245 within a year (2 Buy and 3 Outperform). I guess the tepid enthusiasm for the shares is down to EQN qualifying as a "financial", a tag not really loved by the markets at the moment.|
|vacendak: Back into positive territory from 165p IPO.
Considering the nature of the business I would never have thought the share price would be oscillating like this.
I mean either it is bad (possibly too much debt at IPO) or it is good (steady business outlook); "the market" is taking its sweet time to decide.|
|shauney2: From citywire
Woodford moves in on Equiniti
Citywire AAA-rated investment star Neil Woodford has shot to the top of Equiniti’s (EQWN) share register, increasing his stake in the administration and processing business more than 10-fold.
Woodford increased his holding in the business from 1.39 million shares to 16.39 million or 5.46% worth £27.53 million at a share price of 168p, up fractionally from their 2015 list price of 165p.
The stake is held by his fund business, Woodford Investment Management.
The purchase followed the placing of 33.3 million shares in Equiniti by its private equity owner Advent, following the initial floatation of more than £300 million in company equity last year.
Share registrar Equiniti processes dividend payments for most of the FTSE 100 in addition to providing payroll and pension admin, counting both the British army and NHS among its clients.
Both Credit Suisse and Liberum rate the company a buy, or price targets of 210p and 250p respectively. The shares closed last week, up 4%, or 6.75p, at 176.5p.|
|shawzie: Stuart_01204. This is definitely a speculative long term hold and I have not sold my original investment. However, we will need to see if the 2015 results show an improvement on 2014. See posting 25 and ramridge reply post 26. I must say that I did not expect the current share price.|
|seagullsslimjim: With Citadel holding 5.8% and yesterdays late PM announcement that Newton Asset Management have picked up 5.01% should help see further appreciation in the share price this week.
Will be interesting to see if any other holding RNS's pop up
Also the recent Director purchase of over £250k would indicate to me that there is value here !|
Equiniti share price data is direct from the London Stock Exchange