B.p. Marsh & Partners Share Discussion Threads

[dudishes] 11/11/2024 04:23

If you stuck with it, WD

[bscuit] 09/11/2024 00:30

Skyship used to be critical of the parsimonious dividend, but that can be tolerated with the capital growth. Iam 9x up.

[dudishes] 06/11/2024 12:25

G'day,

My pal quotes 3 days, so I will close in 2!

Closed position.

Good luck

[rmillaree] 05/11/2024 16:16

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

[dudishes] 05/11/2024 15:20

Beating forecasts?

Remain long for now.

[waldron] 05/11/2024 03:33

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

[waldron] 05/11/2024 03:26

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 [e-mail]

B.p Marsh (BPM)

last close 670.00 (17.50 / 2.68%%)
665.00 - 675.00

[waldron] 05/11/2024 03:13

This weeks movements will determine share price trend

[waldron] 05/11/2024 03:11

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.

[waldron] 05/11/2024 03:07

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)

[waldron] 05/11/2024 03:01

Seems to be insufficient analytical coverage

[waldron] 05/11/2024 03:00

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

[dudishes] 04/11/2024 23:59

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

[dudishes] 04/11/2024 23:31

WD Waldron, I thought you may come to that conclusion.

cheers

[waldron] 04/11/2024 20:49

chuckle

take care

[rmillaree] 04/11/2024 20:03

i doubt anyone would follow me - if they do thats their stupidity !

[waldron] 04/11/2024 19:02

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

[rmillaree] 04/11/2024 18:53

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.

[waldron] 04/11/2024 18:22

Technical analysis trends

Short Term Mid-Term Long Term

Resistance 659.38 659.38 705.30

Support 588.07 530.00 525.00

[rmillaree] 30/10/2024 17:54

i think Mr Marsh must be like a kid in a sweetshop with the contents of their mams purse at present.

[c3479z] 30/10/2024 07:30

another small investment announced, won't make much dent in the cash pile.

[c3479z] 29/10/2024 16:25

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?

[c3479z] 29/10/2024 14:43

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.

[spob] 29/10/2024 13:02

6 quid broken