||EPS - Basic
||Market Cap (m)
Stm Grp. Share Discussion Threads
Showing 451 to 473 of 475 messages
|nice update IMO|
|making a good effort at the moment IMO....as you say above, this does look over looked IMO, so am happy to hold on for a quid and beyond!|
|Nice little rise again today. needs to go higher though|
|over £2m fcf in first half - on a mkt cap of £25m of which £9m is cash!
I've got a feeling people have overlooked this because the company commentary is rather downbeat. Expect it to finish the day higher once the market digests the announcements.|
|Results are out tue 13/09/16.
Just bought a handful. After the recent positive update, Im expecting good news, followed by a rise in the share price.|
"STM’s July FY trading update was occasioned by slower H1 trading and the impact of the group’s tactical reduction of establishment fees. Comfortingly, this morning’s trading update reveals promising initial progress from the pricing initiative, with July’s new business levels up 75% over the level prevailing for the first four months of the year. Placing events in context, STM is focused on broadening its introducer base and driving new business volumes, and as part of the process it chose to waive its new business establishment fee, providing a clear market positioning statement by the group. The impact on 2016 forecast PBT will be £1m and effectively rebases profit expectations for 2017 and beyond. The initial share price reaction was abrupt, but deducting £10m from the market cap to cover group cash and a nominal value for other group operations, the pension administration business at £9.0m is valued at 1.1x revenue and 3.2x operating profit... STM’s commitment to a value proposition in QROPS to drive growth is now clear and appears not to impair the group’s ability to support a growing dividend."
from research tree|
|Much better trading in July, definite growth opportunities..|
|No wonder I couldn't add to my holding first thing, but take succour from the fact my paper losses are now much reduced, lol|
|Looks like some positive news; lets see if it acts as a fillip to the share price.|
|chart not pretty....sizeable % drop today...
at some time it will flatten out.....could it be now ??.....on going fall is painful (I reduced higher up but more by luck than anything, had some other interesting things I wanted to buy)
....tricky mkts in recent yrs and months....up and down like yo-yos...is USA up 8% since Brexit dip ...in just weeks !!|
|Well the insider that has been repeatedly selling for last few months will be happy with his decision.....(see my post 394 near end of June)
sad that the rest of us dont get the same insider info
(material news existed in April (making QROPS opening cost 0 to try to boost new clients) but it was not released to the market..while those working in the sector would have known....and the re-structuring (lay offs ??) would also have been known (altough listed companies dont normally reveal that info close to the time) ..till now in July)|
|Thank you very much for this.|
|I emailed the CEO Alan Kentish earlier and he said it's very much 'business as usual'. He also attached a pdf containing STM's Brexit Update. Here's a transcript:
BUSINESS AS USUAL FOR STM
The Brexit vote has resulted in volatility
within the financial markets and perhaps
some confusion as to the types of goods
and services which will be affected by
those businesses whose products are sold
internationally. Until such time as Article
50 is triggered and an exit is negotiated,
Gibraltar and the UK are still very much in
the EU and therefore there are currently no
changes to the laws by which Gibraltar and
UK companies are governed.
As a multi-jurisdictional fiduciary services
provider, STM Group plc provide a range of
products and services to clients inside and
outside the EU. STM products range from
Trust and Company solutions (available in
Gibraltar, Jersey, and Malta) to international
retirement solutions and life assurance
products. Our pensions business units
operate from Gibraltar and Malta and the
core of this business is the transfer of UK
private pensions to an STM HMRC recognised
scheme, commonly referred to as QROPS.
The QROPS concept was initially derived
from an EU directive allowing an individual to
move their pension from one EU jurisdiction
to another and is firmly embedded in UK
legislation. This legislation allows a UK
pension scheme to be transferred to any
other country, provided certain criteria can
be met. The HMRC list of recognised schemes
shows the majority to be outside the EU,
with schemes registered in 40 different
jurisdictions. Given that a QROPS is not
an “EU product” we do not anticipate any
significant legislative changes that could
prevent or make it more difficult for people
to transfer their pensions overseas and any
attempt to do so would be counter-intuitive,
given the pension freedoms that were passed
in April 2015.
STM is well placed to adapt and benefit from
what may lie ahead in terms of continued
access to markets in the EEA, particularly given
that we already have substantial operations
in Malta, affording STM Group companies a
great deal of flexibility.
We have a robust business and a wide suite of
products. It is very much business as usual and
we remain confident in our ability to continue
to serve our current and future customers
across all of our chosen markets.|
|big riser today...
but has the seller of the last few months finished selling ?|
|Yes, +ve article in the IC. The author expects a trading update in the next few weeks. He implies the current broker forecasts may be at the high end, but, in his words, even if those forecasts are not met, it is already factored into the current share price given how cheap the stock is. He suggests STM is currently priced as a stock that has gone ex growth, when this is clearly not the case.|
|Tipped again by Simon Thompson in the IC, I believe.|
|well up today which is not an indicator!|
|Hi guys, just wanted to get an idea of how Brexit might affect STM - any views?
|Somebody dumping stock- wonder if it's Gervais?|
|Up today....hopefully setting in a support level...
(Not far below this price there was a chunk of shares bt by the new chairman...)|
|So there's the result of the AGM but nothing on current trading. Back to sleep for a few months.|
|Non statement as bad as a disappointing statement in very nervous market:(|
|Price fall is a bit of a worry...
Hopefully ok AGM statement and a bit of bounce back ??|