[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Arbuthnot Banking Group Plc LSE:ARBB London Ordinary Share GB0007922338 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -17.50 -1.98% 867.50 850.00 885.00 895.00 880.00 895.00 102,267 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -1.1 -8.9 - 133

Arbuthnot Banking Share Discussion Threads

Showing 276 to 295 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
04/2/2015
13:12
I've been trying to find out what actual value is given to the STB stake within the ARBB accounts I realise that this value may be out of date, or below market value, etc but I just want to know what valuation is shown within the ARBB accounts I have asked Simon Thompson three times now and he hasn't given me a straight answer yet So I guess he doesn't have a clue
spob
03/2/2015
15:34
Hi Felix, I'm not saying that the price won't move but that it goes up far less in percentage terms than STB and that won't change unless ARBB reduces it's holding, which it doesn't seem inclined to do. Yes there are buyers for the stake (large trade earlier today shows that)but at what price will ARBB sell?
strathroyal
03/2/2015
15:03
why do you say that - if STB doubles from here are you saying the ARBB share price wont; move? To narrow the discount to STB mkt cap I agree they ultimately need to sell shares to realise that and close the gap. I am sure it is a matter of time before the yanks want to buy STB and then they will just come along and do a deal with ARBB for their controlling stake. Then the discount will be gone and ARBB will be 20-30% higher than here just for that. !
felix99
03/2/2015
14:01
Whilst ARBB shares appear range bound, I see that there have been a couple of trades in STB at just over £30. It appears that the only way for ARBB to advance would be for them to reduce their stake in STB which doesn't appear likely in the short term.
strathroyal
22/1/2015
07:53
Thanks PVB. I didn't realise they only own a majority share in Secure. Can you shed any light whether ARBB have a net debt or net cash balance like most traditional companies? Thanks in advance.
neilgbudd
21/1/2015
20:19
I'm fairly new to banking shares and am looking to potentially invest. Can someone please give some further insight into why ARBB spin off, Secure Bank is valued so much more highly (13 x Forecast 2015 PBT to MCAP) than ARBB (6 x)? Am I missing something here? STB is regarded as one of the 'new' challenger retail banks and seems to be currently doing rather well. Their customer base increased 51% to end of 2013 financial year. The banks underlying profit before tax has increased 220% since the flotation in 211. ARBB still own about 51% of STB. On the other hand, apart from the remaining part of STB that they own, Arbuthnot Banking Group comprises Arbuthnot Latham, private banking and wealth management. This also grew in the financial year 2013, but not on the same scale as STB. Interestingly, this company was originally called Secure Trust Bank (still says so on my share certificate!) but has since changed its name to Arbuthnot Banking Group after the takeover of Arbuthnot Latham and then spun out the Secure Trust Bank department. HTTP://www.arbuthnotgroup.com/results_presentations.html http://uk.advfn.com/news/UKREG/2015/article/65108276 http://uk.advfn.com/news/UKREG/2015/article/65108281
pvb
20/1/2015
19:47
I'm fairly new to banking shares and am looking to potentially invest. Can someone please give some further insight into why ARBB spin off, Secure Bank is valued so much more highly (13 x Forecast 2015 PBT to MCAP) than ARBB (6 x)? Am I missing something here? Also, does ARBB have a net debt or net cash balance like most traditional companies? The only really commentary I could find in the last interims was along the lines of 'capital rations, liquidity and funding are strong and better than the larger banks'. Appreciate your input here. Thanks in advance
neilgbudd
14/1/2015
21:55
not sure that its such a great deal. 4% yield? Wish I could get 4% on cash! ;-)
pvb
14/1/2015
21:54
Just general stuff: HTTP://www.arbuthnotgroup.com/recent_press_activity.html
pvb
09/1/2015
11:53
18 December 2014 ARBUTHNOT BANKING GROUP PLC Mortgage Portfolio Acquisition Arbuthnot Banking Group PLC ("Arbuthnot" or the "Group") today announces that its subsidiary Arbuthnot Latham ("AL" or "the Bank") has completed the purchase of a residential mortgage portfolio. The mortgages are being acquired from the administrators of the Dunfermline Building Society ("DBS"). The portfolio has been in run off since 2009 and was previously acquired by DBS from other originators principally GMAC with the balances being geographically distributed around the UK. Based on balances at 31 October 2014, the portfolio consists of loans totalling GBP117.6 MN of which 58 per cent are residential buy to let and the remaining are owner occupied. The average loan to value is 72 per cent with a current expected yield of approximately 4 per cent. The consideration of GBP106.3 MN has been satisfied by cash from the Group's resources. Having regard to the recent developments in the Sterling Monetary Framework, including the Funding for Lending Scheme ("FLS"), this transaction will further diversify AL's asset base which may be offered as collateral. This should enable the Bank to use more sophisticated and stable mechanisms, with which to manage its liquidity. Enquiries:
davebowler
18/12/2014
18:15
not sure that its such a great deal. 4% yield?
pyemckay
18/12/2014
18:09
http://uk.advfn.com/news/UKREG/2014/article/64850315 Arbuthnot Latham has acquired a residential mortgage portfolio from the administrators of Dumfermline Building Soc. http://en.wikipedia.org/wiki/Dunfermline_Building_Society
pvb
10/11/2014
16:30
“I’m guessing [Mr Cohen and other investors are] probably taking a view that past performance is a likely indicator of future performance.” Hah! Of course, we don't know what Mr. Cohen's thinking is, do we? But here is what some of the insiders have been doing recently: http://uk.advfn.com/news/UKREG/2014/article/64266495 Don't blame them, though!
pvb
10/11/2014
15:55
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11218743/US-hedge-fund-builds-stake-in-Secure-Trust.html
spob
10/11/2014
15:54
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11218743/US-hedge-fund-builds-stake-in-Secure-Trust.html
spob
10/11/2014
15:53
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11218743/US-hedge-fund-builds-stake-in-Secure-Trust.html
spob
22/10/2014
19:36
Yes, all looking very good.
topvest
22/10/2014
01:27
Oops! Went by. Positive trading update, 15 October: http://uk.advfn.com/news/UKREG/2014/article/64040205 "Accordingly, the Group anticipates the full year results will be marginally ahead of market expectations. Given the improving market conditions and the enlarged capital base, the Group remains well positioned to maintain its positive progress."
pvb
17/10/2014
13:24
Spob Point taken and I understand where you are coming from.Of course,you have to evaluate the stock to the best of your ability before you commit any monies. This stock(ARRB)seems to have risen strongly recently so I'll keep an eye on it meantime. R.
retsius
17/10/2014
09:12
It has become obvious that Simon places far to much emphasis on hope and pie in the sky company broker forecasts rather than genuine value in his stock selections. It is also clear that he has no exit strategy to drop profitable positions early before they turn back down again When he included three Chinese aim stocks in his so called Benjamin Graham portfolio back in February, the writing was on the wall. Also he covers far to many companies. There are just never going to be that many stocks worthy of serious consideration. He is a professional magazine seller not a professional investor
spob
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
ADVFN Advertorial
Your Recent History
LSE
ARBB
Arbuthnot ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211027 22:15:22