Assura Share Discussion Threads

[hyperboreus] 25/11/2014 21:13

Hello eekorehc or should that be cherokee? I am sure you are not thick but a few things puzzle me about this so called 'downgrade' from BUY to HOLD by Liberum Capital.

They issued this 'downgrade' very early this morning well before the presentation to investors and analysts at 11am. Incidentally the webcast available to view on the website, is as always with Assura well worth watching, around 34 minutes in duration, it tells you EVERYTHING you need to know about the guys running Assura whether you are a shareholder or contemplating investing in the Company.

At the close of play today the share price is 49p which is 1p below the Liberum Capital target price of 50p, therefore they might argue why buy at this level when it has almost reached their target price but investing in Assura is not primarily about capital growth as I see it, the yield is attractive at 4%+ with the likelihood of increasing dividends down the line, the board seem pretty confident that the shackles are about to be loosened by NHS England, administrative costs are controlled by Assura's business model and the balance sheet has been considerably strengthened by the recent fundraising exercise last month.

Interestingly the Liberum Capital representative at the presentation asked 3 questions at the end of the presentation by the 3 employees of Assura so as their house broker I find it very odd that they didn't hang fire before rushing out a 'downgrade'.

I first invested in Assura early in 2012 when the share price was around 30p and am more convinced than ever that it was an excellent decision to do so.

You will not get explosive growth from Assura but ANY balanced portfolio simply demands a stock pick such as AGR.

Having said that I still think that Assura will get taken out sometime in the future as Invesco Ltd now hold 26.43% having sold out completely less than 12 months ago :-)

[eekorehc] 25/11/2014 14:12

I may be thick, but does anyone know why it has a downgrade from Liberum.

Thanks

[stupidboypike] 21/11/2014 16:57

ditto too!

[hyperboreus] 21/11/2014 11:08

Couldn't agree more WirralOwl, rock solid, transparent Company with great management and board.

[wirralowl] 21/11/2014 10:42

One of the tips in Shares mag this week, in an article entitled 'Sleep at night investments'.

Forecasting a dividend of 1.9p next year, and 2.3p by 2017!

[badtime] 10/11/2014 21:08

back to 50p on the offer

[wirralowl] 07/11/2014 15:44

Might not be news related, as the share price didn't really react yesterday when the news was announced. Could just be some profit taking at a psychological level and after a rise of around 12% since the recent placing/open offer?

[eeza] 07/11/2014 14:41

Yesterdays news not been well received.

[badtime] 31/10/2014 12:58

Anyone who took shares at 43.5 plus div recently must be very happy

[badtime] 31/10/2014 10:51

Looking good for an assault on 50p

[badtime] 29/10/2014 12:15

Still nudging ahead

[badtime] 24/10/2014 13:26

So responding well since placing

[davidosh] 18/10/2014 17:27

Just to let you all know that Assura will be exhibiting and presenting at the Mello2014 investor event in Derby in 6-8th November and will be presenting on the Friday www.mello2014.com

There are nearly 60 companies presenting and over 20 really excellent keynote speakers through the three days so well worth a visit. I have a tiny few half price tickets left if anyone cares to email me.

[hyperboreus] 17/10/2014 12:28

Interesting announcements regarding more recent change of holdings in AGR, particularly as far as Invesco are concerned.

Going back in time Invesco had 23% of AGR at end of 2011 and when Medic X made a bid for AGR in May 2013 and Invesco were supportive of the bid, Invesco had 18.27% of AGR.

More recently on 9 Dec 2013 Invesco sold all of their holding in AGR.

On 13 August 2014 Invesco acquired 13.94% of AGR that Somerston had sold.

On 15 October 2014 (after Open Offer) Invesco have announced that they have now increased their holding in AGR to 20.71%

While all of this has been going on Artemis as of 25 June 2014 had 16.64% of AGR but I am not sure what their current holding is since the Open Offer.

Other than that I do not believe any other institution holds more than 5% in AGR so Invesco clearly are an important player as things stand at this moment in time if someone comes a knocking at the Assura door in the future.

[topvest] 16/10/2014 19:31

I got my full basic and all my excess amounts, so pleased.

[bscuit] 16/10/2014 19:03

I got 5K under the open offer and applied for another 6494 and they were allocated in full--Charles Stanley Direct.

Price has not been affected by the mini-crash in my view.

I also hold PHP.

aka aladam47 somewhere else....for info of SBP

[hyperboreus] 16/10/2014 17:21

With regard to the open offer, the Directors have certainly piled in and significantly added to their holdings, Graham Roberts in particular:

[wirralowl] 16/10/2014 09:46

No worries, shauney. Still happy to have got quite a few more at 43.5, and like others, these are a long term 'sleep easy' hold for me.

[shauney2] 16/10/2014 09:24

Apologies WO.My excess were also scaled back to 77%.

Not too worried.The market is throwing up plenty of high yields now.

[hyperboreus] 15/10/2014 18:34

My sentiments entirely stupidboypike, great name by the way :-)

[aa29] 15/10/2014 18:18

Have a lot already so sold shares at 46.3 a couple of weeks ago and took the 2.8p per share profit (less costs)

[stupidboypike] 15/10/2014 18:12

Happy to sit on mine. Secure and progressive divi. Wish I knew another 10 shares like this! Best regards SBP

[badtime] 15/10/2014 17:45

So what's everyone going to do with there allocation?