Arbuthnot Banking Share Discussion Threads

[skyship] 01/9/2010 12:00

XD the 11p Interim divi today.

Serious resistance @ that 440p level. Hoping we can find support at the psychological 400p level coinciding with the 200day MA, then break through that ceiling and on to the 550/600p level:

[rockafella2] 06/8/2010 14:39

Latest update

"Arbuthnot offers a good and growing yield covered by earnings from a diversified range of banking businesses. In H110 the retail bank continued to be the star performer, with a good contribution from acquired portfolios and a strongly growing organic loan book. The investment bank is upgrading its staff while market conditions remain tough. The private bank should see profits rise when interest rates rise (end 2011e) and it earns a positive return on its investment in the structured products business, which management has indicated is now profitable".

[nealcowan] 31/3/2010 11:42

EDISONS INVESTMENT RESEARCH has just put out a great note on Arbuthnot, worth reading

[nealcowan] 08/1/2010 22:47

very interesting trading statement. dividend looks secure and profits should be excellent. come march if things continue to improve share price should keep rising. there is no way that it will get anywhere near 250

[mickthesnitch] 29/12/2009 17:50

market conditions and performance. waiting to buy at my price

[nealcowan] 23/12/2009 06:43

mts
on what grounds do you think that?

[mickthesnitch] 22/12/2009 18:43

share price too expensive,should be 220 to 250

[nealcowan] 22/10/2009 07:58

although short the statement looks quite good.looks like the divi is safe and that profits will be ok.

[nealcowan] 21/10/2009 09:19

last year on 22/10/08 trading statement was made wonder if they will do one tomorrow?

[meadow50] 01/10/2009 09:07

why the drop on no news and divi payment week?

[nealcowan] 21/9/2009 13:11

nice spike 25p but no volume wonder what is going on?

[meadow50] 15/9/2009 16:05

and they've bought at a 15 month high.The loan book buy seems v. good too...18% gross return and bought at a discount too.

[nealcowan] 15/9/2009 15:35

More director buying things must be improving

[nealcowan] 24/8/2009 16:58

no held these for a long time. I feel the management is honest and careful. think this rise is due to latest transaction buying loan book cheap with minimal in house costs. hope they hit the radar elsewhere

[meadow50] 24/8/2009 14:59

Nice rise today.....am I the only holder here?

[bigbertie] 21/5/2008 10:58

just an illiquid market I think, broker moves price on any slight action! hopefully recent fall doesn't indicate any real problem.

[nealcowan] 21/5/2008 09:54

tried to buy 3000 at 330 market maker wants 345 cant understand why big fall recently AGM statement good and volumes tiny

[lr2] 14/5/2008 16:13

Arbuthnot Banking says 'minimal' Q1 effect from credit crunch on banking units
AFX


LONDON (Thomson Financial) - Arbuthnot Banking Group Plc. said the credit crunch has had a minimal effect on the trading of its banking units, while Arbuthnot Securities was hit in the first quarter but trading has improved since March.

Trading during the first four months of the year at banking units Arbuthnot Latham and Secure Trust Bank has been broadly in line with the second half of last year, the group said in a pre-AGM statement.

It added that liquidity in both businesses continues to be very strong, and the banking lines in Arbuthnot Latham continue to be unutilised.

'Trading within Arbuthnot Securities was adversely affected by market turbulence and reduced deal volume in the first quarter, but trading has improved since the end of March, and we have seen the return of some deal flow,' Arbuthnot Banking added.

It added that Arbuthnot Securities' chief executive Mark Brown will step down from the role and will be replaced by current deputy Neil Kirton. Brown however will stay with the company as managing director.

[e-mail]

[bigbertie] 23/1/2008 12:03

there seemed to be little impact from US problems if I read the statement right. but the statement dealt only with profit before exceptionals and we know there were going to be exceptional costs in 2H for the Swiss op and Secure Trust Bank. Let's hope they were not big!

[timanglin] 23/1/2008 09:41

Trading statement approx.8m+ profit, Mktcap - approx.57m. Dividend 8%. ?. Maybe a statement about US exposure would be useful?

[meadow50] 12/7/2007 14:45

wow.dirctor buy of 1.21% of the shares today -at 555p.He already owns over half the shares.Something afoot?...PBO possibly.

[bigbertie] 04/7/2007 13:51

Also holding. On my graph it looks like it has broken upwards from a triangle, which is supposed to be a good sign.