Arbuthnot Banking Share Discussion Threads

[luckymouse] 19/4/2016 15:17

Think this will surprise upwards - v strong fwds & low net assets

[retsius] 16/4/2016 12:47

Next interims will include the profit from the sale of EDL. Should make very good reading!!
R.

[skyship] 15/4/2016 14:19

They are Ex the 17p Final; but the 25p Special comes later...

[retsius] 14/4/2016 17:10

XD and a small rise. Very nice.
R.

[caradog] 13/4/2016 17:45

Why should the market react? The sale was known about, the completion date announced, and the special dividend stipulated. The confirmation was just a formality and hardly a surprise to anyone. Patience will, I'm sure, be rewarded.

[retsius] 13/4/2016 17:33

Very disappointing market reaction on a great deal and the market soaring.
R.

[webclick99] 11/4/2016 08:15

Hopefully the Special Dividend will be announced asap following completion to give the share price a nudge up

[retsius] 09/4/2016 14:52

Caradog .
Well spotted and I see the RNS was issued after the close of business yesterday.
Must see some action in the share price on Monday, surely.
R.

[caradog] 09/4/2016 04:25

Sale of EL expected to complete on Wednesday:

[retsius] 08/4/2016 11:53

Hopefully get a boost on completion of sale of E.L. 'Completion before the end of April'
R.

[saucepan] 05/4/2016 11:59

Some good relative strength of late, including today's weak market day.

[saucepan] 29/3/2016 17:51

Noted, tromso1. That is a good sign. Slater usually knows his onions (LAKE notwithstanding!)

[tromso1] 29/3/2016 16:11

Slater Investments increasing their holding-

[topvest] 25/3/2016 16:31

They need to be split up not merged. Arbuthnot shareholders should receive Secure Trust shares. Bound to happen one day, but only when Henry is ready, I guess!

[skyship] 24/3/2016 16:49

Also happy to have bought back in, though only a small allocation. EDL was my only concern about the ARBB/SBT duo, so now that's gone, these are looking even better value. Of course we're still waiting for the final, final completion; but it does look like 99.9% complete.

Is there any good reason as to why these two may not be joined together? Looks as though a re-marriage should take place IMO.

[retsius] 24/3/2016 15:34

Good write up by Simon T. n the IC column on 23/03 rating the share as a buy.

[glynnef] 22/3/2016 06:49

Harry,
As far as I can see, an exercise of an option at £9.30 as a director buy of 5000 shares doesn't really tell you a lot, except he was happy to buy at 2/3 the current market price. I haven't looked up the full detail of the options granted, but it may be these had to be exercised before they expire. Also, it is peanuts compared with his remuneration package.

[harry vederci] 21/3/2016 16:34

decent size director buy

[felix99] 17/3/2016 20:13

had a few extra today

[topvest] 17/3/2016 19:14

All looks pretty good to me. Happy to hold and will top up at some point.

[devoncop] 17/3/2016 18:46

Saucepan.

I had exactly the same thoughts and invested today as Secure Trust Bank is going great guns when you compare it with a highly rated Challenger Bank like Metro which is hardly rolling in profit.

The Private Banking operation is in a good segment of the market and the share price has pulled back for no good reason. The imminent SpecIal Div is just a nice bonus.

GLA

[saucepan] 17/3/2016 18:36

Hello mikeja. You seem to be the only person here popping their head above the parapet after today's results.

This looks a great entry point to me and I have joined you: my interest piqued after a heads up from another source.

[pvb] 14/3/2016 18:26

If only we knew what was going on in Henry's mind! Mind you, he usually makes some things pretty plain via his comments in the annual R&A. ;-)

[retsius] 14/3/2016 15:08

Pvb
On re-reading my comments I realise they look a bit shabby,and seem self centred. I think there was an element of tongue - in -cheek with my views!
They bottom line as we know is what the results will be like and forecast for future earnings.
R.