Brewin Dolphin Share Discussion Threads

[wessie] 29/9/2010 23:32

Here you go:

[lfc4ever] 29/9/2010 13:26

missed the update- have you a link?

[wessie] 29/9/2010 12:49

For sure, helped along by positive update from ADN on Monday. Should have a lot more to go in the short term, I hope!

[lfc4ever] 29/9/2010 09:35

breaking out from the downtrend?

[its the oxman] 13/9/2010 07:38

anyone any idea why these are struggling to rally - still below 120p

[chingman] 28/7/2010 14:14

Latest note from Edison entitled "Growth story continues"...

"Brewin Dolphin (BD) has issued its interim management statement for the 13 weeks to 27 June 2010. The excellent revenue growth reported in the core investment management division continues ( 21% of prior year comparative) while the challenging market in corporate and advisory was confirmed (revenue down 13%). Overall revenue growth of 19.5% represents a run-rate above full year forecasts. Discretionary funds continue to grow faster than the APCIMS index (29% v 22% against end June 2009). We expect 2010 consensus pre-tax numbers to rise by £1-2m reflecting the strong revenue performance".

[the shuffle man] 18/6/2010 15:52

Large trades after the close well above the offer. Are the Indians accumulating??

[2ngh] 12/6/2010 18:46

Shugsy

Think the price action following the H&S formation has basically played out, we may see 115 again this week as the main markets correct from the recent rally but thats about it. If the markets sell off though we will probably see sub 100 at which point these would become cheap.

Ig

Not sure where they are getting the current PE from, but on my calcs they are on a PE of 14 so still potential to fall here.

[shugsy] 12/6/2010 11:29

Anyone any view on the head and shoulders formation on the chart above?

Would a price projection of 110 be about right should it play out?

[the shuffle man] 11/6/2010 08:01

taken the plunge today after following for a while and on the back of this takeover speculation


MARKET REPORT: Brothers try to catch a Dolphin
By Geoff Foster
Last updated at 10:08 AM on 10th June 2010
Comments (0) Add to My Stories As Indian energy company Essar Energy, 11.5p up at 449.5p, celebrated its promotion to the elite Footsie index of the UK's top 100 companies, dealers heard whispers that the controversial Hinduja Brothers, Srichand and Gopichand, are planning a UK buying spree and have up to £2bn to spend.
Word is they have their sights on Brewin Dolphin, 2p dearer at 119.5p, one of the oldest stockbroking firms in the City which by the way has more directors on its board than most Footsie majors. It must cost an arm and a leg to keep them all happy.
The billionaire brothers, who run conglomerate Hinduja Group, last month bought the Luxembourg-based private banking arm of KBC, to expand its presence in European banking and asset management.



They are now rumoured to be carrying out due diligence on Brewin Dolphin, which was formed in 1974 by the merger of Brewin with Wontner, Dolphin and Francis.
London-based Brewin Dolphin has £23bn of funds under management and lifted first-half profits by 37pc to £15.2m. The Hindujas could bid around £400m or 170p a share and Brewin's shareholders, led by Blackrock and Standard Life, would probably be receptive.
What the City's reaction would be should the Hindujas make a move, remains to be seen. In the late 1990s they were caught up in a scandal involving Labour minister Peter Mandelson. He was accused of helping them to gain British citizenship in exchange for a £1m donation to the Millennium Dome project.

Ever since South African bank Investec, 12.3p better at 480.3p, paid £412m in March for the outstanding shares in wealth manager Rensburg Sheppards that it did not already own, dealers have speculated that the next bid in the sector would involve Brewin Dolphin.

[its the oxman] 08/6/2010 13:31

BOUGHT MORE SUB 121P - yield 6% - good recent results and cash pile

[lgpixels] 28/5/2010 16:54

Lots of volume today and looking good for next week.

Research out today gives the company a valuation of 155-180, so round about 30% upside according to the report.

[lgpixels] 27/5/2010 08:46

FT Comment

"The share price underperformance leaves it yielding a healthy 5.6 per cent and trading on 10 times forecast earnings of 13.3p, which looks undemanding given the size of the discount to peers such as Rathbone, on 15."

[lgpixels] 27/5/2010 08:13

The balance sheet looks good and dividend is now around 6%+, with the business very well run.

Brewin Dolphin trades at a significant discount to its peers such as Close Brothers and Rathbones.

[its the oxman] 26/5/2010 21:45

yep the future looks bright but the general market is not interested at present - sit tight andenjoy the dividends

[lgpixels] 26/5/2010 07:13

results out and they look very good:)

[helicopter123] 02/5/2010 09:02

Upgrade from Numis last month reads well - 5% dividend yield also looks attractive.

[its the oxman] 20/4/2010 22:33

looking good value c.140p with results not far away

[v11slr] 01/4/2010 09:35

Just declaring my interest as I've bought a few this morning.

[moneybags] 30/3/2010 08:11

Everybody wants the shares this morning.......Anybody know why....?

Regards , Moneybags

[its the oxman] 30/3/2010 07:27

nice rise today, pushing 147p - not sure why - investec bid for rendsburg seems unlikely - others more similar like adn haven't jumped? shouldn't complain anyway.

[helicopter123] 27/3/2010 10:58

Brewins were 170p prior to small placing and market up about 10% since then. Traditionlly a broker/fund manager would be a warrant on a rising market.

[its the oxman] 26/3/2010 14:20

pre close statement is short but bodes well especially if markets stay strong till early April - now 137p

[its the oxman] 22/3/2010 08:13

a very short term outlook - plenty left to go for is there not?