Share Name Share Symbol Market Type Share ISIN Share Description
Equiniti Group LSE:EQN London Ordinary Share GB00BYWWHR75 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50p -0.52% 288.00p 287.00p 288.00p 288.00p 283.50p 286.00p 482,592 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 382.6 28.5 10.2 28.2 1,049.65

Equiniti Share Discussion Threads

Showing 201 to 224 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
22nd Jan 2018 'Santander corporate and commercial appoints EQ global to enhance it's international payments offering'. It will enable Santander customers to make payments in 100 currencies in 120 countries across the globe. The partnership will increase the speed and efficiency that the international transactions can be made. 23rd Jan - Peel Hunt reiterate 'Add' rating, price 293. With regard to the Credit Suisse downgrade - I believe it was made on the back ' improving economic conditions in Europe and a tougher backdrop in the UK.' It downgraded 5 uk centric companies. Since this it has been shown that the UK economy grew by 0.5 percent in the last 3 months to Dec 2017, beating market expectations by 0.4 percent. We are now left with ratings ranging from 345p to 270p?
mr doughnut1
Credit Suisse today downgraded it's investment rating on EQN to underperform (from outperform) and its price target to 270 (from 300). The share price duly dropped by 12.5p to 274.5 Full year results are out on March 7th. Next TU ON 3rd May.
mr doughnut1
Berenberg initiates coverage with 'buy' and tp 345p
The next big thing should be the first report on how they have digested the Wells Fargo business. Like many, I always read about "not buying predators" because they seem to always mess up the integration phase. Hopefully Equiniti looks like a different breed from that of an over leveraged tech company going on a buying spree of other tech companies. Depending on how the tea-leaves are read, 320p by Christmas is a welcome possibility.
The share price has moved up nicely today on the back of the positive TU. It looks like the overhang has been cleared. If this is the case then the share price could move up nicely in the next couple of weeks, maybe testing £3.20. But I am not getting too excited this is the third time I have called this only for the institutional selling to continue.
mr doughnut1
No problem.
That's the one, well done.
Good write up in the Sunday Telegraph business pages on 19/11/17 re EQN snapping up Wells Fargo services arm etc.
I am hoping for an in-line statement on Tuesady. There will be an obvious focus on organic growth, which showed a 0.6 percent decline in the June figs. The managed insitutional selling may have kept the share price artificially high following the rights issue. Trading volumes are only now returning to normal PI levels. GLA
mr doughnut1
Next trading update on 21st Nov. Share price has been sticky around £3.00 for a couple of months now which I think is a positive sign. The discounted rights issue had a 97.4% take up, producing in excess of 62.5m shares. Anyone wanting to make a quick profit has now done so and the insitutional horse trading is coming to an end, Blackrock adding today. Would be interested to hear other investors views in the run up th the 21st Regards.
mr doughnut1
Podcast on investors chronicle website - board room talk with Mark Robinson, interviews Guy Wakeley. Worth a listen. The Wells Fargo takeover gives EQN access to a US market where there are 18,000 companies that issue shares compared to 2500 in UK. There are strong synergies between the two companies that will enable EQN to transfer technology platforms directly to US, that still appears to be largely paper based. Interestingly at the end of interview GW flags up building up on-line share dealing services as a real growth area integrating them into people's pension services as the process of deregulation continues to evolve. Have taken up rights
mr doughnut1
My previous post about the new chairman was with my tongue firmly in cheek. I should have put a :) Thanks for the reminder about the dealing in rights, that must explain it indeed. [edit] Still down but not as bad as earlier this morning.
Sounds pretty reasonable to me: "Yea has been chairman of pub operator Greene King PLC since May and is a senior independent director at Computacenter PLC. He is a non-executive director of Aberdeen Asian Smaller Companies Investment Trust PLC and Marshall of Cambridge (Holdings) Ltd, as well as an independent director and trustee of the Francis Crick Institute."
Dealings in Rights, nil paid, 8 a.m. on 29 September commence on the London Stock 2017 Exchange The Ex Rights Date 29 September 2017
Sharp drop at the opening today. Maybe someone does not like the new chairman: Https://
Latest RNS on the Wells Fargo story: Https:// Quick summary: "3 for 14 at 190p per share" / Fully underwritten. At this price, I am not sure we will be offered to bid for much more than our entitlement. [edit] And we got our 300p before Christmas! :)
More institutional buying with the completion of a 14.2m purchase by Nortrust nominees ltd. This comes at a time when a lot of insitutuons seem to be going into cash. Very reasonable under 3.20, IMO
mr doughnut1
A lot going on this week Today Liberum Capital issued a buy rating with a target of 3.47. This follows Goldmans buy rating on the 1st with a target of 3.20. The share has been ticking up nicely in the last couple of days on relatively normal volumes 300,000+ per day then there were 2 large buys this morning at 2.91 of 1.66m and 0.72m shares. Started to thing we had a breakout only dampered bu a sell of 1.87m this afternoon at 2.91p. Not as hot as IQE but things might be warming up again
mr doughnut1
Equiniti mentioned in the FT. "Wealth managers begin to outsource in drive to cut costs" Https:// [Relevant bit in case the article goes to Premium access] Mark Taylor, chief customer officer at Equiniti, said regulatory changes were driving new business. “Many wealth managers and private banks have their hands full looking to implement [the regulatory] changes,” he said. “It is so much easier to outsource those functions that are not necessarily core to the operation.” Again, since most of us seem to be reading the ARs, this plays to the company's strength: Decent platform, newly developed, reliable, etc.
Been off line for a few days so only just read interim's Would agree with all the analysis by vacendak and Lurki0 the market was expecting more debt reduction and better figs on organic growth hence the share price fall. Going forward I still think it is a good investment. We perhaps expected too much from the interim's because when the share price is on a roll everyone's expectations are moved up a notch. However the slight decline in organic growth proves just how tough the market place is at the moment. The U.K. Economy is definitely at a tipping point at the moment with consumer confidence definitely ebbing away. The purchase of 40,000 shares by incoming director on the 31st may steady the share price short term but we will have to see where the support price kicks in at.
mr doughnut1
Sold half after the results but the US acquisition still makes this very interesting.
I am more focused on the debt reduction, I know money is cheap, let's borrow yada-yada... but I am old-fashioned. It is going down again, however not by as much as expected. The leverage ratio is now 2.8x and was 2.9x in June 2016. The debt load was a concern at IPO time, they seem to be working on it (they always say so anyway); but with the Wells Fargo development it is likely going to be harder still to lower it by the next report date. The share price is now down by 8.0%. Needless to say that the momentum for 300p by Christmas is indeed gone! :( Still, this could be only a necessary correction. Not selling today in any case. The market seems to be down today, that does not excuse the EQN sharp drop, but there is some negative background noise nonetheless.
Disappointing. What the market doesn't like,understandably, is when a company sells itself on generating organic growth and then shows a negative number. I must say I was hoping for rather more momentum on revenue than they've reported. Buyers seem willing to buy at 268-270, but it will be a bit bumpy through to the close.
The results are out, but the share price is getting knocked down by 6.3% at the moment. Http:// Every indicator seems to be green except for "a slight decline in organic growth", as quoted. The other negative being: "Revenue from interest was 19.0% lower than the prior period due to the impact of lower interest on average client cash balances of £1.7bn (H1 2016: £1.7bn)." Interim divi of 1.75p (up 6.7% from last time), ex-div date September 15th, to be paid on October 26th.
Chat Pages: 9  8  7  6  5  4  3  2  1
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20180223 06:29:01