Henderson Group Share Discussion Threads

[gbb483] 27/8/2014 20:00

Up on the day despite going ex-div.

[quepassa] 19/8/2014 11:49

Another vote of confidence in Henderson.

The other day Perpetual Investments Australia increased their stake in Henderson to a very significant 8.5%

Today, well regarded JCP investment Partners of Australia declare that they have taken more than a 5% stake in Henderson.

A link to JCP :-




Clearly, a number of institutions have faith in Henderson if they are buying/increasing their holdings in this manner.

That is a good sign.

ALL IMO. DYOR.
QP

[5bag] 14/8/2014 13:11

Fundamentally strong, with a good forward outlook. I remain a holder, and believe we have seen a big overreaction to what was, for me, a positive update. General market weakness hasn't helped, and weve seen similar falls on ADN and JUP, which I also hold. These should all do well if market recovery continues. All IMO.

[quepassa] 14/8/2014 11:04

Perpetual Investments Limited of Australia have just increased their holding in Henderson from 7.5% to 8.5%.

That's a massive holding.

Clearly Perpetual Investments have strong faith in Henderson.

ALL IMO. DYOR.
QP

[leeson31] 08/8/2014 10:01

cracking results today to on CGL, thus dropping the PE from 8.1 to about 7.1p share price up today. great Long Term trend UP too. cheers

[leeson31] 08/8/2014 09:58

wow hit 210p today:


put these low pe's together y/day: i added the chart status crude notes.


stock screaner: as at 7th Aug 2014

mcaps £650m to £3.3b (+Easyjet at 5.1B), pe 6.31 to 9.61, all divi payers.

Company name Symbol Market cap P/E ratio Chart status
Mitchels&B MAB £1.53B 9.8 @375p LTT up, MTT down, finding support/bowling @ 375p area
Amlin plc AML 2.15B 7.28 @432p oversold OK
Beazley PLC BEZ 1.23B 6.74 @238p oversold OK
Caledonia Inv CLDN 1.17B 6.46 @2135p oversold OK
Capital&co. CAPC 2.67B 9.47 @320p finding curvature support on LTC OK
Catlin Grp CGL 1.75B 8.01 @485.5p oversold LTuprend OK
SEGRO plc SGRO 2.62B 6.35 @357p LTtrend UP. OK
Temple Bar Inv TMPL 784.38M 9.14 @1206p LTtrend uP. support at 1200p. monitor OK
Edinburgh Inv EDIN 1.18B 8.78 @605p LTtrend UP. ranging ~600p area at mo. OK
UNITE Group plc UTG 807.24M 8.81 @404p LTT up, MTD down. watch ~400p area. OK
Easyjet EZJ 5.1B 9.51 @1256p massively oversold from ATH, cheap PE. OK
(forecast eps 132p. share price off ~30pc from peak high)
14.93p, 27.91p, 48.32p, 57.58p, 92.97p, 114.6p(e), 132p(e)


Debenhams Plc DEB 798.21M 8.42 @65.5p LTdowntrend NOK
Enquest Plc ENQ 999.31M 8.81 @128p stock out of favour - ruled OUT NOK
Londonmet Prop. LMP 854.14M 6.80 @137.5p becoming overold but dont like it NOK
Mill & C Hotels MLC 1.87B 8.99 @574p holding a tight line over 1yr. dont like it NOK

£3.3b to £5.4b
iii III £3.6B 6.81 @371p LTuptrend, support at ~370p area OK



(Ok i like and NOk i didnt like)

[leeson31] 07/8/2014 12:36

yeah... seems to have made a low though at 222p..

[quepassa] 07/8/2014 11:56

The interims look very strong to me.

The confidence in the underlying business has lead management to announce a massive increase in interim dividend by a stonking 21% from 2.15p to 2.6p.

The CEO's statement is very positive and says that : "The outlook for our business remains strong."

Henderson have had NET inflows of £4.7bn from retail and NET inflows of £0.3bn from institutional . More than £5bn in total new AUM.

The Interims carry on to say:- "We are currently experiencing strong growth momentum, with the key leading indicators of investment performance and flows both positive. Strategic investments are proceeding according to plan. "

For some reason, Numis put out a reduce reco today which may be affecting the share price with a target of 215p.

I think Numis are wrong.

The market is generally weak at the moment, combined with a Summer lull and many/most shares are suffering profit-taking in the current market correction, after a terrific run.

The current market conditions bring to mind Warren Buffet's famous words "Be fearful when others are greedy, and be greedy when others are fearful."

Buffet is currently sitting on a $50bn cash pile. Global economies are generally strengthening, irrespective of Ukraine geo-political tensions.

Watch for the moment when Buffet starts splashing out his cash pile and when the great-and-the-good of the investment world are back from the beach in September.

With cash rates at microscopic levels, money likely soon to start pouring back into equities.

ALL IMO. DYOR.
QP

[5bag] 07/8/2014 11:33

Didn't expect this. AUM rising steadily. I'll keep holding, as I think steady growth is the outlook here. Increase in interim divi is nice but will have too see how the second half goes leading up to final divi, if they raise that too then this could look very cheap going forwards. Disappointed with the market reaction though, all the same.

[5bag] 07/8/2014 11:13

What do the fundamentalists think then?

[leeson31] 07/8/2014 11:06

wow this is getting hammered today!

[leeson31] 07/8/2014 07:36

pretty solid:

Interim Results

7 August 2014

Henderson Group plc (Henderson or the Group) published its Interim Results for the half year ended 30 June 2014 on 7 August 2014. The comments below refer to the period from 1 January 2014 to 30 June 2014 (the period) unless otherwise stated.

Financial highlights

-- Assets under management (AUM) at 30 June 2014 up 10% to GBP74.7bn (30 June 2013: GBP67.9bn)

-- Net inflows for the period of GBP5.0bn (30 June 2013: outflows GBP1.4bn)

-- Underlying profit before tax from continuing operations of GBP90.7m (30 June 2013: GBP88.5m)

-- Diluted continuing underlying EPS of 6.8p (30 June 2013: 7.0p)
-- Dividend of 2.60p per share (30 June 2013: 2.15p per share).

Business update

-- Strong investment performance: 86% of funds outperforming relevant metrics over three years

-- Retail client net inflows of GBP4.7bn (30 June 2013: GBP0.6bn), from a broadening international footprint

-- Institutional client net inflows of GBP0.3bn (30 June 2013: outflows of GBP2.0bn), with new mandates outpacing redemptions from funds in natural run-off

-- Positive flows and investment performance in all five core capabilities - European Equities, Global Equities, Global Fixed Income, Multi-Asset and Alternatives

-- Continued build-out of investment management capabilities, global distribution and global platforms

-- Acquisition of Geneva Capital Management announced on 30 June 2014 will increase US AUM to c.15% of the Group.

Andrew Formica, Chief Executive of Henderson, said:

"Our strong performance in 2013 continued into the first half of 2014. Investment performance remains good across all of our client assets; we have delivered record net inflows in the period of GBP5.0bn and we are gaining market share in our major markets.

[leeson31] 06/8/2014 16:08

s&p500



does seem to be making a series of spikes, 5bag.

have you had a chance to apply your charting software on it? any encouraging signs? :-)

cheers,

[leeson31] 06/8/2014 11:38

sometimes being overweight on a stock can put your portfolio back in order :-) im sure it'll be OK, just have to get thru the current quagmire.. i think the co. needs to get news out!! they did say they have news imminent, and not just singular but plural, so far weve only had the IBM rns, just one rns....i think just right now, they need to get good news out and a main listing bit of news, that shud sort the current issues re shorters..

cheers

[5bag] 06/8/2014 11:33

Good bit of research going on then for you, I use digital look for stuff like that, there's some useful tool out there. But, I've made my bed so to speak and now just have the 'waiting' part to get through, mainly with MONI I might add as that now comprises 75% of my total holdings lol talk about concentrating risk.

[leeson31] 06/8/2014 11:30

GL too ! :-)

seems we have a bit more to go yet, but im seeing it too, as healthy, because id envisage a good run back to top on the oversold stocks.

just using google finance stock screaner on UK stocks all sectors, and filtering by min £500m mcap to ~£2.5b, and PE filter from 5 to 14, then excluding the high yield stocks (to eradicate the 'income' play stocks) and theres a good bunch of stocks there on low PE's...

just trying to find fundamentally cheaap stocks in lieu of the correction turning..

cheers

[leeson31] 05/8/2014 08:07

double bottom on the candles ? punctured the 38.2pc fib retrace point.. maybe thats the bottom, and the bigger blue chips can regain traction. i know unrelated to HGG, but just something i note.

[5bag] 04/7/2014 11:33

Thats the only thing that puts me off CNKS, not the co itself, but the stock liquidity and spread. Its the first SEAQ stock ive touched for absolutely ages. The other side of that coin though is that theres no HFT merchants keeping a lid on the price by manipulating the book, so it has the potential to go ballistic.

[leeson31] 04/7/2014 11:02

fingers crossed mate. i just wish cenkos was more heavily traded and a thinner spread... its so undervalued, but when i sell im going to have to do it over a period of days, which annoys me, cos of the lack of liquidity. ill have to sell on a 'going up' day in due course, but i think its probably the most undervalued stock on AIM fundamentally, with a ~15p FY divi i reckon... looking fwd to that, though i do have to pay tax on divi income... cheers

rol on moni to 60p'! il be happy then, at least :-)

[5bag] 04/7/2014 10:56

Nice quick profit that. I like doing those sort of trades. Cenkos looking very good. Moni having a recovery day, hopefully a few more will follow.

[leeson31] 04/7/2014 08:59

i bought 10k shs at 234p on that dip, ive just sold them a min ago at 253.3p, but ive kept my original 15k shs from 247p, thinking divi, and ~275p +

[5bag] 04/7/2014 00:38

Good to see this the right side of 250. All my FM's doing well today, JUP and ADN nudging up. I like the bikes and boats thing. I propose you make it the 4 b's. Bikes, boats, beer and birds. My kinda life ;-)