St. James's Place Share Discussion Threads

[steeplejack] 23/1/2014 16:11

Today with the price sliding,you can argue that the news was discounted!Tomorrow,no.Look at the performance that Hargreaves L. has recently enjoyed.

[chatterbox] 23/1/2014 09:33

This has been a good performer, but do you think the good update has already been seen in the uplift

[broadwood] 23/1/2014 07:21

Yep, continuing strong performance.

[steeplejack] 23/1/2014 07:17

That update will keep the pot boiling.Excellent

[jjpricep] 17/1/2014 12:06

Over invested...

[chatterbox] 20/12/2013 15:47

Something must be going on this share is now 7.10

[chatterbox] 20/12/2013 14:27

Yes I agree this has a lot to go.

[melody9999] 20/12/2013 14:00

Hi Chatter - I suspect this will do well in 2014 - because if shares have a good year next year due to the recovery, people such as St James will do well as more money come into the market.

[chatterbox] 20/12/2013 11:58

Help needed - do you think this will now take a breather or should I keep hold?

[steeplejack] 10/12/2013 12:04

21%,entire Lloyds holding placed at 630p.Technically stock through resistance at 640p,blue skies ahead once placing digested.

[luckymouse] 02/12/2013 10:44

Theres a story on silobreaker that lloyds are going to sell at least 12% of STJ

What do folks think? Mopped up easily by institutions or a small price fall?

Any opinions welcome

[broadwood] 25/10/2013 07:48

JP Morgan Cazenove St James's Place PLC 25/10/2013
Retains
Overweight Overweight 0 662.00 724.00 679.00 62 2

[broadwood] 24/10/2013 07:28

St James's Place FuM up 20% since start of year

[broadwood] 24/10/2013 07:22

Very strong statement. Off to the races again.

[broadwood] 05/8/2013 17:14

David Lamb, the Managing Director of wealth management firm St James's Place sold nearly 1.2m pounds of shares in the company after exercising options as part of the company's performance share plan (PSP).

Lamb, who joined the firm back in 1992 and the board in December 2007, exercised 185,285 nil cost options under the 2005 PSP on Friday after meeting certain performance targets.

The shares were then sold, 87,084 of which were disposed of in a separate transaction to meet the cost of income tax and national insurance costs payable on the exercise of the awards.

The sales were made at a price of 632.23p a share, with both transactions totalling £1.17m.

His holding was maintained at 415.003 shares.

Earlier in the week, the company impressed the market with its interim results reporting a 21% increase in total new business on an annual premium equivalent basis to £426.5m. Funds under management jumped 29% to £39.9bn, while the company raised its first-half dividend by 50% to 6.38p a share.

The stock has jumped by 50% so far this year.

[broadwood] 31/7/2013 07:20

Strong numbers. Upgrades?


Alongside these new business numbers, through a combination of the positive performance of our client's investment funds, supported by more stable market conditions, and the continued retention of existing funds under management, we continue to experience substantial growth in the cash returns from those longer term funds. Consequently the Board has increased the interim dividend by 50%

[broadwood] 12/7/2013 09:48

Nomura St James's Place PLC 12/07/2013 Upgrades Neutral Buy 2 370.00 668.00 581.00 298 2

[broadwood] 29/5/2013 11:45

LONDON (SHARECAST) - 1106: Kazakhmys, Evraz, ENRC, National Express and Spirent Communications are to be evicted from the Stoxx 600 on June 24th, the market compiler has announced. Resolution, St.James's Place Capital, International Personal Finance, Home Retail, Dixons Retail and Thomas Cook will join in their stead as well as in exchange for other components. FTSE 100 down 81 to 6,682.

[tommy ten chins] 28/5/2013 08:22

Broadwood thanks for the post (No 49).
I was shocked to see a 7% fall in one day (I think it was).
Once I realised that the price had fallen to just below the placing price I bought some more. Its a shame this stopped out Malcome and it seems all a bit odd as it was expected so why the fall?

[bu7ns] 24/5/2013 20:00

To be fair to Lloyds, they inherited SJP shares from Halifax so these shares were never meant to be in their long term plans (non core assets). Hopefully the placing will have the same effect as last time. Good luck all!

[malcolmsm1th] 24/5/2013 09:40

None required, Broadwood. The problem is, as ever, keeping track on all the information out there and it's easy to miss stuff from various announcements anyway.

I have this one back on a watch list, of course, what's to stop Lloyds doing the same trick again?

[broadwood] 24/5/2013 09:07

Malcolm - apologies. Apparently Lloyds had entered into an agreement not to sell more shares within a specific timespan - which it apparently ignored.

[broadwood] 24/5/2013 08:08

Netted a few at the off. Expect them to recover gently over the next few weeks .although probably will still be a bit of weakness as those shares find their way back onto the market

[broadwood] 23/5/2013 22:40

Everyone should have known Lloyds was reducing its stake. Its not as though they havn't already indicated they would be doing so as one means of improving their own capital ratio as required by the regulator.

[malcolmsm1th] 23/5/2013 20:57

Thanks. So, an act of kindness say Lloyds...