Charles Stanley Share Discussion Threads

[topvest] 27/11/2014 11:13

Not nice, but they do have £20bn under management, no debt and £20m of cash. They are being hit by low commission income due to stable markets by the look of things. They do need to get the cost base under control, but I'm sure they are well positioned to improve financial performance.

[its the oxman] 27/11/2014 08:26

Horrible results. Costs out of control. Management relying on market growth / activity to get them out of trouble. Need to be better than that. Take over looks best hope as still value in the name, as can't see this lot cutting their cloth or salary to restore profits. Getting worse not better so hopefully a few of the larger shareholders will start pressing hard for change. Real shame as they used to be a well regarded operation.

[richie496] 09/10/2014 15:51

Evil Knievil comments on Charles Stanley (CAY) page 17 in Spread Betting Magazine October edition

[richie496] 09/10/2014 15:51

Evil Knievil comments on Charles Stanley (CAY) page 17 in Spread Betting Magazine October edition

[its the oxman] 08/9/2014 11:00

Reckon we could be heading for a name change if we get more news like this. How does Hargreaves Stanley Lansdown sound ?

[topvest] 08/9/2014 08:07

Profit warning today which appears to be due to very low levels of commission income and continued cost increases. Odd that it looks as though it was fully reflected in the price as no movement first thing!

Commission income is c£50m per annum so a material slow down in trading patterns must be having an impact.

It's not consistent with other players though that have had a positive impact from things like the Royal Mail IPO. I've stopped buying shares of late though, as I think its better to accumulate cash where we are in the cycle and so maybe I'm a typical Charles Stanley customer!

[topvest] 17/8/2014 20:03

This company has come a very long way from Oceana Consolidated of old. The management team are top quality and take a long term view. I'm sure they will get a grip on things. If they get taken out, and I don't think they will, then that will be at a chunky premium. You would have thought Brewin Dolphin are starting to get interested, but don't think they have the right cultural fit.

[pinkalltheway] 29/7/2014 22:17

lol end game coming

[pinkalltheway] 29/7/2014 22:16

I have been looking at the numbers and from from I can't see why the directors pay themselves 400-/ + and a bonus of 70/- + Why... They haven't performed.. what are the non exec doing... I feel a letter to the muppets to so what they consider there role is... Protect shareholders or just bank there 25/-

[topvest] 23/7/2014 21:09

They are just going through a rough patch. I'm sure that they will continue to prosper in due course. Has anything fundamentally changed? Not in my view! Just need to tighten their cost control a tad.

[its the oxman] 23/7/2014 12:38

Another year of pain for shareholders. And no I am not connected with CAY in any way bar the last few shares I still hold. Reckon most of the bad news is in the price. But management need to sort things out.

[cisk] 23/7/2014 08:00

Topvest, quality it may be but this mornings announcement doesn't bode well...

[topvest] 22/7/2014 21:33

It's a quality company. Relax!

[pinkalltheway] 22/7/2014 20:05

Hey oxmanInteresting phrase "how low can we go" do you work for them by many chance..??????

[pinkalltheway] 22/7/2014 15:50

Who knows, I'm amazed they did t have to push out a profit warning before the last update, share price just reflecting that news I feel

[its the oxman] 22/7/2014 14:21

How low can we go Mr Pink?

[pinkalltheway] 20/7/2014 08:27

I hear via the grape vine they are getting rid of half the dealers, biz must be great around there !!!!!I thought 40% of the revenue came from trading hmmm can't be a good sign.

[its the oxman] 11/7/2014 22:37

Sold out most of my holding here 470p so somewhat relieved. That said getting very tempted to buy back but other opportunities are just a bit more compelling. Watching and waiting for newsflow to turn a big more positive.

[topvest] 21/6/2014 19:26

Bit of a stumble. This is still a great company though. More than happy to hold long term and I'm sure that they will do pretty well.