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SGR Shore Capital Group Limited

222.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Shore Capital Investors - SGR

Shore Capital Investors - SGR

Share Name Share Symbol Market Stock Type
Shore Capital Group Limited SGR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 222.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
222.50
more quote information »

Top Investor Posts

Top Posts
Posted at 26/9/2019 12:24 by topvest
They are certainly not making themselves popular with this fleecing of holders who are forced to sell. They should have held a tender offer, but they decided to be greedy! It won’t do their asset management side any good as investors and customers will desert them if there is a lack of trust.
I’m offering my shares at 150p but not any lower.
Management have been buying above £2 so will be hoovering up shares.
Oddly the price may improve a bit as the panic selling abates.
Posted at 07/3/2018 15:49 by fse
Maybe Shore Capital can explain their report on BATM Adv Comms.
The figures Shore quote don't add up and imply that BATM will increase revenue by just under 3% for 2018 to $110M
BATM reported revenue of $107M in 2017
Shore have upgraded their expectation for BATM from an 18.5% growth in revenue in 2017 to a less than 3% growth in 2018.
Thats some upgrade.
Shore please explain you don't answer e mails ......


Heres Shore report. Its in the public domain.
Strong finish to 2017 bodes well for current trading

“The importance of this update, in our view, is what it implies for the trading performance going into the current year, in particular higher revenues from recent published contract success across the group with positive operating leverage beginning to come through,” said Shore Capital, the company’s house broker.

The broker has upgraded its expectations for 2018 accordingly, noting that “investors will welcome this significant trading improvement after the last few years of strategic development from BATM”.

It has bumped up its revenue forecast by 9% to US$110mln while its underlying earnings (EBTIDA) estimate has been increased from US$2.8mln to US$3.9mln – an increase of 39%.

Adjusted earnings per share are now forecast to be 0.25 cents versus 0.07 cents previously.

“With BATM’s intellectual property set configured to tackle real world challenges in its specialist markets, we believe that the scope for further revenue and profit improvement is significant,” the broker said.
Posted at 03/1/2014 18:10 by smithie6
Shore Capital btw..another small fin. house ..I would not own 1 share even I was paid to !
the part they played in the OCH scandal and Invu and probably others ....too much imo

small London finance houses, worst than second hand car salesmen imo....but perhaps not as bad as large London finance houses ! (Libor scandal etc)


"DAN

lr4850 30 Dec'13 - 12:20 - 6481 of 6485 0 0

Shea getting ready to fleece personal investors with MBO and shaft us totally - just like Evolve Capital did."
Posted at 22/10/2013 15:10 by pinkalltheway
Exciting new investor.
Posted at 29/8/2009 16:13 by choppa
Buy recommendation in the Investors Chronicle.
Posted at 27/3/2009 17:24 by thehardestbutton
Shore Capital Group plc announces that it purchased 2,183,069 of its
ordinary shares of 2p each at an average price of 14p per share on
Tuesday, 24 March 2009. Of the shares purchased, 263,989 shares will
be held as treasury shares and the remaining 1,919,080 shares will be
cancelled.


Hmm - well it's a better deal that the 3,000,000 of their own stock they bought back at 33p back in April. That was good use of a million quid!!!

To which I would quote:

Even though buybacks can be huge sources of long-term profit for investors, they are actually harmful if a company pays more for its stock than it is worth. In an overpriced market, it would be foolish for management to purchase equity at all, even in itself.
Instead, the company should put the money into assets that can be easily converted back into cash. This way, when the market swung the other way and is trading below its true value, shares of the company can be bought back up at a discount, ensuring current shareholders receive maximum benefit.

Didnt seem to do much for the share price either today....perhaps a few more months and they can buy their own stock for under 10p.
Posted at 05/12/2008 16:58 by thehardestbutton
-------------------------------------------------------------------------------------
TheHardestButton - 13 Dec'07 - 12:50 - 34 of 53

What are the forces driving this share down?

Exposure to commercial property through its portfolios and funds.

Exposure to AIM market performance through its market making activities

Exposure to 'high value individuals' moving funds away from both of the above affecting their stockbroking business.

Short this one down to 20p - I think previous Institutional investment will be concerned for retention of dividend and long term strategy and will be slowly exiting. I wonder what there position is re liquidity in some of the PUMA funds if investors make a dash for the door?
------------------------------------------------------------------------------
Well it took a year but it got there in the end.

Conditions have not changed and I cannot see any change in strategy or in trend so I remain very bearish. Can't predict a bottom for this now but the trendlines are not encouraging.
Posted at 13/12/2007 12:50 by thehardestbutton
What are the forces driving this share down?

Exposure to commercial property through its portfolios and funds.

Exposure to AIM market performance through its market making activities

Exposure to 'high value individuals' moving funds away from both of the above affecting their stockbroking business.

Short this one down to 20p - I think previous Institutional investment will be concerned for retention of dividend and long term strategy and will be slowly exiting. I wonder what there position is re liquidity in some of the PUMA funds if investors make a dash for the door?
Posted at 17/7/2007 14:12 by woracle
I think they own 20% of PTL, 16% belonging to discretionary clients, 4% ( 4.4M ) to the Shore Group which I read to mean its various funds ? Even if the 4.4M was purchased at an average of 100p, its a 4M loss spread across the a few Puma funds under management which is peanuts. Anyway, any significant loss would have been highlighted in finals in Feb but in fact we know the results came in 20% above estimates followed by broker upgrades for this year. By then, PTL had already collapsed so thats not the reason for price current weakness. Its more likely to do with the expectated sale of the Dawnay hotels which drove the price up and isnt happening now. That, and an overhang.

Reputational damage ? ..probably affected the performance for some discretionary clients but no individual portfolio/fund would have been that agressive in one company...Looking at the decent monthly performances suggests nothing was hit massively...but name me one fund manager/investor who hasnt bought a dud..
Posted at 02/6/2007 09:15 by sandbank
WORACLE: It's a legal obligation of all quoted PLCs to produce and distribute annual reports - they can't use a "green" argument to wriggle out of it.

For a so-called "investment bank" this company seems still to be imbued with the attitude Jellyworks had towards its investors.