B.p. Marsh & Partners Share Discussion Threads

[shauney2] 16/10/2018 09:54

Indeed a laggard in the PE sector but i will take another 50% rise on the share price in the next 18 months.
The muted ipo for LEBC and or take out of NEXUS could help that.

[skyship] 16/10/2018 08:25

I know I'm a bit of a broken record on this one, but:

# Another parsimonious dividend, a level of which suits the controlling shareholder, but not the average PI

# NAV post the placing is just 321p - certainly well below some expectations here

# Yet again Marsh bangs on about fantastic performance since the founding of the Company. He makes no mention of the substantial underperformance of just 6.5%pa since going public. The NAV performance makes them one of the laggards in the sector

[retsius] 12/10/2018 19:04

Good bounce today after yesterday’s blood bath!
Hopefully build on Results on Tuesday,
GLA

[amwel44] 11/10/2018 19:08

Agreed, but are we seeing the start of a significant market correction? If so, the bounce will come later, not sooner. Still share your confidence in this stock, but there are forces at play.

[danielbird193] 11/10/2018 18:20

Looks over-sold at these prices and I'm convinced there will be a bounce. The market is in a funny place at the moment though so hard to tell how long that may take. Still confident in my 350p spot NAV estimate which puts this in bargain territory.

[amwel44] 11/10/2018 17:41

If they were buying back today, it has not had any immediate effect.

[yf23_1] 11/10/2018 16:21

Looking cheap now considering recent trading update.
Large volatility due to illiquidity.
Nice update to buy-back policy but needs to be bigger amount.

[gargleblaster] 11/10/2018 10:21

On second thoughts think you are right Dav - have topped up today - don't want to miss out on the bounce.

[davr0s] 09/10/2018 18:59

Think that's attempting to fit a story - a lot of liquidity been sucked out of the market in recent days so lots of similar falls out there

[gargleblaster] 09/10/2018 10:26

Perhaps stock down as Nexus acqs. may mean that it less likely to IPO (poison pill scenario).

[petersinthemarket] 28/9/2018 20:05

Results tues 16 Oct 2018

[retsius] 28/9/2018 17:34

Building nicely over the week and(hopefully!) up to results on the 16th
Touching new high for the year today despite very few shares being traded.
R. GWE all.

[retsius] 21/9/2018 13:19

No article in the IC in Print, so you have to access it online.(rather disappointing)
Interims will be in print would be my guess.
R.

[its the oxman] 21/9/2018 08:58

Hoping with good progress / value realisation the discount to nav might also narrow.

[retsius] 19/9/2018 16:09

DB193
No estimate NAV given.

[danielbird193] 19/9/2018 15:49

Does Simon Thompson update his NAV estimate or target price? My own estimate was somewhere close to 350p so I definitely agree that this is a hold at 300p and I'll be hanging on with you for 400p!

[its the oxman] 19/9/2018 14:54

Climbed through 300p nicely, am I tempted to sell. No. Roll on 400p. Feels like a great long term hold here with their investments doing well and nav set to increase nicely over the next few years.

[danielbird193] 19/9/2018 13:07

Thanks, looking forward to reading it on Friday.

[retsius] 19/9/2018 12:48

Simon T.
Great update in IC
R.

[danielbird193] 13/9/2018 10:52

Another fantastic spot. I'm getting more and more confident in the BPM investment case, it looks like a bargain at current prices!

[glassboy] 13/9/2018 09:49

More tittle tattle...

LEBC to press ahead with February listing 'unless Brexit gets crazy'

citywire.co.uk/new-model-adviser/news/lebc-to-press-ahead-with-february-listing-unless-brexit-gets-crazy/a1153785

Gb

[retsius] 12/9/2018 14:13

Bpm updates on Investec companies.

Summary of recent Nexus acquisitions,very positive.
R.

[retsius] 09/9/2018 12:46

Danielbird193
I don't how you worked all those details out! Very impressed. However delighted to see value of Bpm enhanced.Gwp increased to $350m caught my eye as quite remarkable in the article about Nexus.
Roll on Monday.
All we need now is ST to comment on the deal/ Trading Statement.
R.

[bscuit] 09/9/2018 12:19

Came in @1.38 about 3 years ago on view of eponymous founder's stake outcome. The recent shares deal has skewed that thought, but return has been good.