|Arbuthnot Banking Group
||EPS - Basic
||Market Cap (m)
Arbuthnot Banking Share Discussion Threads
Showing 451 to 471 of 475 messages
|Arbuthnot Latham division has completed the acquisition of finance company, Renaissance Asset Finance Limited.
|I wonder who commissioned the HARDMAN & Co report which makes interesting reading.
I have been a shareholder since before the results and have bought a few more and will continue to do so if and when there are any set backs in price.
Sir Henry is 76 - my age - and if he wants to go then all he has to do is pick up the phone and that will be that at a price of book value plus a premium.........have a read of the Hardman report as this spells it all out.
This is not a dealing stock by the way but an investment in a very well run and cleaver person..........what do you think the West End property the bank has bought is going to be worth in a few years time when EU retailers and business will want an outlet in central London.......??|
|Mentioned on investors chronicle today:
"Although shares in Arbuthnot Banking (ARBB) are riding at a 12-month high, chairman and chief executive Sir Henry Angest has decided to splash the cash, buying another 150,500 shares at a total cost of £2.15m to take his stake in the company from 55 per cent to 56 per cent.
Sir Henry bought the additional share from the group's old Employee Share Option Plan (ESOP), which was replaced midway through last year by a new phantom share scheme. This means that the shares held in the old trust were no longer required to settle any options.
The purchase comes just a week or two after the group announced results for the year ended 31 December 2016. Total operating income rose by a fifth to £41.5m, while the balance sheet also finished up in good shape. The group also retains an 18.6 per cent stake in Secure Trust Bank (STB), which is said to be worth £75m. "
|Sir H. Purchase of 150k.of shares.
Substantial amount of money,must give one confidence in the Bank.
|Absolutely no real trade in this stock.Amazing figures today and zilch reaction.
Have see what Simon has to say. Spread horrendous for short term Trading.
|Good turnaround today from a lacklustre start.
Hoping to move up as Result date approaches.
|They seem to be going on a bit of an acquisition spree:
And an upbeat Research Note from Hardman Research:
|Large purchase of 11k shares this morning.Buying back in after avoiding the div. and it's tax implications?
Don't immediately see any real catalyst at the moment to buy, but time will tell.....
|MMs ruining this one|
|Sold some in the ISA.@@£13.76. So really no change on last night's closing price I.e. X div
Well seems I did something right for a change! Down £4 as I speak so the share price is really down a pound, about 6% on the open.
There is such a price difference between buying and selling? Puts punters off completely. If I had not sold I would be about 23% down now.
|I too have sold, although just before the trading update was hardly the best timing! Nevertheless, it fitted my current strategy of shifting to investment trusts with non-UK focus. I'm not at all optimistic about the future prosperity of the UK and I expect the stock market to reflect this, once the initial boost of currency devaluation has faded and the economic realities hit home. Watching with interest tomorrow...|
Sold out today as tax liability was going to be very unpleasant.
Retain stock in my Isa.
Price started to decline late pm.
We will see what happens.x div tomorrow.
|£3 ps dividend! I have only just clocked this. What are these companies doing?
Under the old system I used not to pay any tax on dividends but now it is just going up and up. They are not the only company doing this in this tax year.|
Many thanks for response,great to have another mindset on a common problem.
I have e-mailed the co., voicing my views and await a reply. I wouldn't hold your breath,this is something that you raise at an AGM.
Personally I don't think this has been properly thought through,and the money should have been retained for future deals,
The price will drop by £3 on ex-div day, give or take a few pence. This usually sparks a howl of protest from the few small investors who don't see that shares in a company that has given away £3 per share in cash are worth £3 less because the company has given them some of their money back.
As you say, if you don't want the dividend now you could sell cum-div and buy a bigger holding ex-div - essentially swapping this dividend for increased future dividends. Or just sell and buy something else. Like you, I'm going wait and think for a bit...
Sir H can afford good tax advice, I'm sure.|
|What I meant, Retsius, was that if you risk going over your CGT allowance, selling ARBB ex div will give you the chance of crystallising a loss to set against gains elsewhere, depending on what you originally paid for ARBB.
I agree that unexpected dividends do complicate things. I bought high yield shares ex/ISA just 2 days ago and now find that capital gain is more tax efficient.|
|Incidentally British Bulls gave a buy on the stock last night.
Nothing to bet your house on but positive nontheless from computer analysis|
Thanks for input.Already accounted for £5k div.,so this has come as a shock as I will be subject to 32.5% tax on my new div. from ARBB.Assuming it drops by £3 xdiv,I will in effect lose 32.5% of my capital of the div. amount.Not what I want.
I don't understand what you mean about capital losses?
Wife gifting is an option but will only mitigate tax by a small amount and I don't know if I want to do that anyway.
What we need now is a steady rise and some positive press comments,esp. ST before it goes x div.
|You have £5000 dividend tax allowance this year. I have just been rejigging our portfolios to make sure my wife and I take full advantage of this. This dividend will bring me up to the full allowance on my non-ISA account. The share price will drop significantly ex-dividend of course, but at least the capital loss can be used to offset gains this year or next.|
|Good statement stating steady progress.Seems a whopping great bonus is coming our way.Unfortunately this will be subject to higher U.K. Tax as my holding is not in an ISA for which I have slightly mixed emotions. What happened to their 13p 25p offerings over the past 6 months? This divvy blows them out of the water.I think I would have preferred them to retain the bulk of the divvy monies generous as as it is for future developments.Does that sound totally ungrateful?
Any views guys?
I certainly think the punter who forked out £750k yesterday had some wind of the announcement?!(Unless it was a rogue trade)
I think the market will like the statement;what's not to like?|