Brewin Dolphin Share Discussion Threads

[mountpleasant] 24/5/2022 14:46

Does anyone know if RBC are likely to increase fees and charges for these clients, as I am a client of BD.

[m_kerr] 01/4/2022 13:05

it was clear as day to me that a takeover would happen soon. wealth managers are getting plenty of speculative offers and inquiries for their businesses and have been for some time. for partial exposure one can still buy Caledonia investments who own 7IM wealth managers (in the books at about £140m but recent bid of £300m rejected), plus other related wealth management assets. total market cap just shy of £2000m. it was in fact that recent bid for 7im that prompted me to look around for cheap wealth managers.

[topvest] 31/3/2022 14:26

Quite a long wait for the 515p - end of Q3. Looks like there won't be an interim dividend as well. Always the chance of a higher alternative bid in the meantime I suppose.

[its the oxman] 31/3/2022 07:42

Cheers, good day for us all.

[arab3] 31/3/2022 07:42

Well done Oxman, you have been here for decades !

[its the oxman] 31/3/2022 07:21

Nice exit, now time for RAT perhaps, looks mighty cheap and still on the shelf, but that's s lightly bigger fish.

[topvest] 31/3/2022 07:07

Well that's Charles Stanley and Brewin Dolphin in a matter of months. Happy to take the profit, but it's disappointing to lose two independent and very long standing UK wealth managers in such a short period of time.

[linton5] 31/3/2022 06:53

Great call mr Kerr have you any other tips on t/o lol

[linton5] 31/3/2022 06:52

Wow515 well done a very good company this was as was with stock trade and always on the ball gutted I wasn’t in on this time

[lyceeuk] 31/3/2022 06:28

To be taken over 🤑🤑

[blackdown2] 17/3/2022 19:40

I suspect you are right.

[m_kerr] 06/3/2022 17:54

this is a very obvious takeover target IMO. consistent net inflows and rising fee income over the past few years, m&a mania in the sector due to predictable long term growth trajectory and sector economics, and the share price is 25% below pre pandemic levels. could be used as a platform by PE to build further scale. even if it doesnt happen, you're being paid to wait with a 6% dividend.

[its the oxman] 10/2/2022 15:09

Unloved despite ftse pushing toward 7700.

[km18] 08/2/2022 17:26

...from a while ago...

Brewin Dolphin is a wealth manager. It offers personalized wealth management services focusing on core services of discretionary investment management and financial advice, coupled with improving operational efficiency. It also offers investing money, pension and retirement, passing on wealth, protecting wealth and life events. Current market cap is around £1.07b.

BRW today provided a quarterly trading update for the April-June 2021 quarter (Q3 of its FY). Q3 saw record gross discretionary fund inflows of £1.3bn, higher than the previous record Q2 level of £1.0bn, driven by continued growth across both direct and indirect businesses. Over 70% of gross discretionary fund inflows, excluding MPS and Voyage were from new clients, Ireland contributed to around a quarter of our gross direct inflows, Voyager funds grew by just over £100m, taking its total funds to around £250m....from WealthOracleAM

[its the oxman] 24/1/2022 11:47

Added today 320p. See this nearer 450p in 12 months if main ftse level hold up.

[dave ds] 24/11/2021 12:16

Diffidus, the market works on expectations. I don't know what brokers were expecting for today's results but despite everything being up as you say, if the numbers themselves fell short of what the market was expecting then the shares will be marked down. The same applies for companies that deliver what appear to be awful results but if they are not as bad as the market expects then the share price will go up.

[its the oxman] 24/11/2021 08:23

Yes seem decent enough results but profits being taken I guess. Very harsh back in 350s.

[lyceeuk] 24/11/2021 07:33

12% rise to final div😎

[rock star] 24/11/2021 07:28

I’ve known Brewin’s since the mid 90’s. It’s an average organisation,as is proven by shareholder returns over the years.

It’s a 3rd generational company. Typically what that means is the original business builders have been replaced by corporate gimps more interested in their own pay than shareholder returns.

A bit harsh maybe but not too far from the truth.

[tenapen] 01/9/2021 07:39

A cracking chart, Its the OXMAN,

Goes to show - slow and steady win the race.

[its the oxman] 31/8/2021 21:48

Could see 400p this week - getting close.

[its the oxman] 23/7/2021 07:21

Strong update today though share price yet to surpass pre covid highs, should be nearer 400p

[its the oxman] 03/6/2021 09:04

Over 360p, still well below pre covid high and business is better, so still see 400p as realistic.

[its the oxman] 14/5/2021 08:15

Strong results and inflows. Upgrades to come. Can see us nearing 400p soon.