Charles Stanley Share Discussion Threads

[topvest] 15/1/2021 20:52

Agreed on the numbers. I think Charles Stanley are great, using Charles Stanley Direct, but I seem to be a minority view. Their customer service is second to none. In fact, I have never had poor service in well over a decade. From a company perspective they are good at retaining customers, but struggling on finding new ones. Revenue growth is the issue.

[rock star] 13/1/2021 07:17

Pretty average figures I would say. These “Wealth Managers” have effectively become expensive tracker funds. When they introduced the APCIMS index it was a complete cop out and meant( over time) it was the race to the bottom for fees. On top of this the client relationship managers take home a big percentage of the revenue.

[its the oxman] 19/11/2020 08:23

Nice to see div held , not that they are short of cash, eps down as expected on lower markets, but worth holding at these low levels as some sort of recovery should feed through into next results.

[its the oxman] 12/11/2020 14:55

Moving back toward 350p

[its the oxman] 10/11/2020 16:39

Next results may be a bit glum , but looking forward , with markets bouncing this should really have the legs to spike up through 300p again. And cash rich it's pretty safe. Needs to make a transformational acquisition or perhaps be acquired at a fat premium and put out of its misery. Thinking it may be too small an outfit and seems unable to grow fum fast enough. But undoubtedly cheap and worth much more than it current share price suggests.

[tomps2] 28/5/2020 07:17

CAY video: overview of FY results, period ended 31.3.20. Https://www.piworld.co.uk/2020/05/28/charles-stanley-cay-full-year-results-may-2020/ Revenue +11.5%; Profit margin up to 11.7%; Underlying EPS +47.1%

[topvest] 19/1/2020 18:23

Well in my view: - the good news is that their cost realignment project is working well. Turnaround achieved. - the bad news is that they need to grow AUM better than they have been. They now need to be growing the top line much better than they are.

[topvest] 26/11/2019 19:51

Well done guys...good job someone is on the ball!

[arthur_lame_stocks] 25/11/2019 12:38

Looks like they read this board LoL 😆

[eezymunny] 25/11/2019 11:48

hTtps://www.investegate.co.uk/charles-stanley-grp--cay-/rns/interim-results-correction-notice/201911251133485476U/

[arthur_lame_stocks] 22/11/2019 07:55

That's what I thought EezyMunny.

[eezymunny] 21/11/2019 22:41

Arthur Lame Cash flow from financing activities section appears to have the wrong total...etc

[topvest] 21/11/2019 21:18

A very positive update. This is the first time that there has been tangible signs of progress on margins. Looks encouraging. Just need to grow the top-line now!

[arthur_lame_stocks] 21/11/2019 19:32

Is it my imagination or is there an error in the cashflow statement?

[tomps2] 21/11/2019 07:48

Charles Stanley H1 video by CEO & CFO. The transformation programme is starting to deliver. Https://www.piworld.co.uk/2019/11/21/charles-stanley-cay-interim-results-to-30-09-19/

[topvest] 14/11/2019 20:16

Well I'm not sure that I would agree with that. Their customer service is exceptionally good if you ask me. I wasn't happy with the sponsored crest account charges, but I have moved into nominee and to be honest its easier.

[davydoo] 14/11/2019 09:38

Just compare this to WHI. They're raising money to cover losses and maintain capital adequacy CAY have significant cash above their capital adequacy requirements which underpins a huge proportion of the current price

[davydoo] 13/11/2019 16:44

I've been buying. Assets and income should be up. They've already warned on restructuring costs. Maybe they'll be higher. I dont know

[its the oxman] 13/11/2019 12:10

A lot of restructuring costs this year perhaps, any views?

[its the oxman] 12/11/2019 08:31

Share price suggesting results might not please.

[davydoo] 04/11/2019 11:39

surely they should be buying back their own shares at this level? They have more than enough cash for regulatory purposes.