Sales are fleabites compared to overall holdings and gain has been approx 100% in a year. well done all. |
If you stuck with it, WD |
Skyship used to be critical of the parsimonious dividend, but that can be tolerated with the capital growth. Iam 9x up. |
G'day,
My pal quotes 3 days, so I will close in 2!
Closed position.
Good luck |
Yes i will expect price targets to be upped as the newsflow since June/July has been decent and wont be factored into the brokers stuff above |
Beating forecasts?
Remain long for now. |
Broker Recommendations for B.p Marsh (BPM)
Date Broker Recommendation Old Target New Target Rating Type
03-Jul-24 Jefferies Buy 560.00 625.00 Reiteration
12-Jun-24 Jefferies Buy - 560.00 Reiteration |
 IN BRIEF: BP Marsh invests GBP2.5 million for stake in start-up SRT
Wed, 30th Oct 2024 14:58
Alliance News
BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Buys 30% stake in SRT & Partners Ltd, a London-based start-up Lloyd's and London Market broker, which aims to provide clients with specialist broking and underwriting services and to grow both organically and by acquisition. The investment by BP Marsh in the cumulative preferred ordinary shares of SRT is provided as a mixture of equity and loan, totalling GBP2.5 million. SRT has used the funds to make to two acquisitions. These are Read Hunt Ltd, a retail insurance broker, and First Business Finance Ltd, an asset finance broker.
Current stock price: 640.00 pence, up 6.2% in London on Wednesday; sets new 52-week high of 648.00p
12-month change: up 75%
By Tom Waite, Alliance News editor
Comments and questions to newsroom@alliancenews.com
B.p Marsh (BPM)
last close 670.00 (17.50 / 2.68%%)
665.00 - 675.00 |
This weeks movements will determine share price trend |
Share Buy-Back Programme Update
As previously announced, the Company initiated a Share Buy-back programme (the "Programme") on 11 June 2024, permitting purchases up to a 15% discount to diluted Net Asset Value, (this threshold was subsequently upwardly revised to a 10% discount to diluted Net Asset Value with effect from 2 August 2024), with a £1m budget allocation.
Under the Programme to date 156,702 shares have been purchased, at an average price of £5.32, with £164,733 of the original £1m budget remaining. The Board considers that Programme has been successful, allowing the Company to purchase small yet consistent parcels of Shares where available in a NAV accretive way. Accordingly, in order to continue this endeavour, the Board has agreed to add a further £1m to the Programme, bringing the ongoing Share Buy-back budget allocation balance to £1.16m.
All other terms of the Programme remain unchanged. |
Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Final Interim
Per share 5.36p GUESSING OR WISHFUL THINKING 2.68p
Declaration date 11 Jun 2024 (Tue) 05 Feb 2025 (Wed)
Ex-div date 27 Jun 2024 (Thu) 13 Feb 2025 (Thu)
Pay date 26 Jul 2024 (Fri) 17 Mar 2025 (Mon) |
Seems to be insufficient analytical coverage |
B.P. Marsh & Partners Plc is a United Kingdom-based specialist investor in early stage and growing financial services intermediary businesses.
The Company invests in various business, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms.
The Company invests amounts of up to £5m in the first round. The investment stage ranges from start up to more developed.
Its investments are in the Insurance Intermediary sector. Its Insurance Intermediary investments are separated into two areas, including insurance brokers and underwriting agencies/managing general agents (MGAs).
The Companyâ€͐2;s subsidiaries include B.P. Marsh & Company Limited, Marsh Insurance Holdings Limited and B.P. Marsh (North America) Limited, which provides investment related services.
The Company consider investment opportunities based in the United Kingdom, Europe, North America and Internationally.
Number of employees: 16 |
rmillaree,
I intend to follow in a way, that is to close long SB tomorrow.
One can also jump in after the dip?
SP promoting by the way, a good pick for them and you?
cheers |
WD Waldron, I thought you may come to that conclusion.
cheers |
chuckle
take care |
i doubt anyone would follow me - if they do thats their stupidity ! |
GOOD LUCK rmillaree
it might well trend down from here as many might follow your lead and top slice thereby initiating the commencement of a trend down
will look again tomorrow |
Must admit i top sliced a few today - still happy to hold onto most of what i had. I know nowt about charting so i have no idea of direction of shareprice short term. |
Technical analysis trends
Short Term Mid-Term Long Term
Resistance 659.38 659.38 705.30
Support 588.07 530.00 525.00 |
i think Mr Marsh must be like a kid in a sweetshop with the contents of their mams purse at present. |
another small investment announced, won't make much dent in the cash pile. |
looks as though certain managers at Pantheon wished to cash in parts or all of their holdings before the budget to escape any rise in CGT, hope they haven't left the company.
am told that the 32% already held by BPM was valued at just over 32m in the half year report and now another 5% has been bought for 12.5m- does that mean the whole could now be valued at 92.5m or is there loan stock or complications involved in the previous valuation? |
they're piling up heaps of cash, one hopes they redeploy it successfully, record suggests they ought to, only blots have been south African investment years ago and ?singapore investment. |
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