Henderson Group Share Discussion Threads

[leeson31] 30/7/2015 07:45

not bad:

Financial highlights

-- Assets under management (AUM) at 30 June 2015 up 10% to GBP82.1bn (30 June 2014: GBP74.7bn)
-- Net inflows for the period of GBP5.6bn (30 June 2014: GBP5.0bn)

-- Underlying profit before tax from continuing operations up 29% to GBP117.4m (30 June 2014: GBP90.7m)
-- Underlying continuing diluted EPS of 8.9p (30 June 2014: 6.8p)
-- Capital surplus of GBP113m without recourse to the waiver from consolidated supervision
-- Interim dividend of 3.10p per share (30 June 2014: 2.60p per share)

-- Share buyback programme to be initiated in 2H15, with shares to the value of GBP25.0m to be purchased by year end.

Business update

-- Consistently strong investment performance: 83% of funds outperforming relevant metrics over three years as at 30 June 2015
-- Annualised net new money growth of 14% in the period (30 June 2014: 15%)
-- Sale of 40% stake in TH Real Estate in June 2015

[quepassa] 16/7/2015 08:33

Seems that Henderson has bottomed with a Greek agreement having been reached and ratified in Greek parliament.

It fell from 300p in late April to 250p a few days ago.

Now back at 270p and hopefully regaining strength and composure for a flight back to 300p+

ALL IMO. DYOR.
QP

[quepassa] 29/6/2015 10:05

"When others are greedy, be fearful. When others are fearful, be greedy."

ALL IMO> DYOR.
QP

[petewy] 29/6/2015 09:45

Bought in on the down, at 9.44am more buys (550000) than sells (359000)

[quepassa] 03/6/2015 12:29

Following yesterday's announcement of their interesting acquisition in Australia,
some broker updates today.


Barclays - REITERATE - OVERWEIGHT - TARGET PRICE 325p

RBC -REITERATE - OUTPERFORM - TARGET PRICE 300p


(numis have a reiterate reduce tp 245p.
but that is rubbish in my view and I think they have lost the plot)

ALL IMO. DYOR.
QP

[leeson31] 02/6/2015 08:35

i was thinking potential ftse100 too.....

cheers,

[quepassa] 02/6/2015 08:33

They have. Working hard. Paying great divs. Growing themselves. Improving their image.

Sp from 100p in 2012 to almost 300p now.

Another potential FTSE100 candidate if they keep up the good work.

CEO, Formica is doing a good job.

ALL IMO. DYOR.
QP

[leeson31] 02/6/2015 08:17

theyve been busy QP....

[quepassa] 02/6/2015 08:16

Good acquisition announced by Henderson today.

Will give them increasing reach, clout and visibility in the Antipodes.

A further significant boost to their Assets Under Management.

Positive.

ALL IMO. DYOR.
QP

[quepassa] 07/5/2015 10:09

Ex-dividend today to the tune of 6.4p.

Pays 29th. May.

QP

[quepassa] 30/4/2015 15:40

Yesterday and day before. 28th and 29th. April.

A summary of Broker recommendations:-

Barclays . REITERATE OVERWEIGHT. TARGET PRICE 320p
Soc Gen. REITERATE HOLD . TARGET PRICE 295p
CitiGroup. RETAINS BUY. TARGET PRICE 325p
Canaccord REITERATES BUY. TAGET PRICE. 330p
JPM Caz RETAINS OVERWEIGHT. TARGET PRICE 310p
Numis REITERATES REDUCE. TARGET PRICE 245p
Shore Cap. REITERATE HOLD
CANTOR REITERATE HOLD


Out of 8 updates, seven are positive or very positive.

Barclays, Citi Cannacord and JPM Caz all see TARGET PRICES between 310p and up to 330p.

Overall, very positive.

A little general negative market sentiment and slightly unsettled markets for the last few days.

In my opinion, this will soon evaporate and the forward momentum for Henderson will rapidly reassert itself.

The outstanding recent results in the latest Trading Update are very encouraging and point to strong business flows.

More and more money flows into equities as interest rates and bond yields continue to dive.

I remain very positive about the prospects for this share.

ALL IMO> DYOR.
QP

[norbus] 22/4/2015 07:49

Leeson31

CAP is coming back to life, having finally delivered Micropilot; Lots happening; good time to re-enter; can you look back in on your thread?

[leeson31] 13/4/2015 17:15

Brokeout last thursday, share price held since, andnow over 300p. Think i sold too soon here, giventhat the ftse250 and ftse100 both are in breakout, might be tempted for a small s/bet long, aiming for ~330p

[quepassa] 13/4/2015 08:50

Now clearly through the important 300p barrier.

New all-time high for Henderson.

Market cap of some £3.3billion and ranked a very respectable 130th by market cap in UK equity listings.

ALL IMO. DYOR.
QP

[quepassa] 10/4/2015 11:19

Very happy with Henderson and its performance and sticking with it.

Have just also taken some positions in specialist fund manager Ashmore Group (ASHM).

ALL IMO. DYOR.
QP

[leeson31] 10/4/2015 08:33

302p hit, in breakout now

[quepassa] 09/4/2015 12:16

Inflows into European equities has gone ballistic.

The Shanghai Index up 90% in 12months.

Both important areas for HGG.

An increase in AUM plus ballooning equity markets in their core areas are pure clover for HGG.

ALL IMO. DYOR.
QP

[leeson31] 09/4/2015 11:34

indeed, looking very strong.. it appears most stocks are now on their way back up.

[quepassa] 09/4/2015 08:11

Post 151 refers.

ALL IMO. DYOR.
QP

[quepassa] 25/3/2015 06:49

Yesterday 24th.

RBC Cap Mkts issues broker note with UPGRADE to OUTPERFORM recommendation on Henderson with a significantly increased PRICE TARGET (from 240p) to 300p.


Personally, given the relatively high yield on Henderson compared to its sector peer-group (eg Schroders) combined with recent strong performance and positive outlook, it would surprise me if Henderson don't rise significantly higher.


ALL IMO. DYOR.
QP

[leeson31] 24/3/2015 15:52

thx QP. i may have a read-up...interesting little bix of stocks there..

[quepassa] 24/3/2015 15:27

thanks chaps for the heads-up. will take a look. Good luck.

QP

[5bag] 24/3/2015 14:32

I'm sitting on the cash for now. But keeping eye on both ADN and JUP which i still hold.

[leeson31] 24/3/2015 14:32

pps QP, just nabbed some BDEV. chart in breakout and sector chart great too. was torn between bdev and tw. as tw. has 9p divis in next few weeks and id expect capital appreciation too, but given that i pay tax on divis ive gone for bdev chart play for a few percent for cap gains and less tax paper work. (no tax on cap gains in iom)

cheeers

[leeson31] 24/3/2015 14:28

ps ty 5bag. yes, wont go skint taking profits! wish i did at 80p on moni. lol :-)