Equiniti Share Discussion Threads

[mattboxy] 29/7/2016 07:37

Results look very promising. Hopefully shares will reflect this today

[mattboxy] 28/7/2016 22:48

Hoping they r good and can provide a bit of impetus back towards 2-00

[mfhmfh] 28/7/2016 22:40

interim results tomorrow

[mfhmfh] 24/7/2016 11:03

tipped in daily mail:

[vacendak] 13/7/2016 08:41

Back into positive territory from 165p IPO.
Considering the nature of the business I would never have thought the share price would be oscillating like this.

I mean either it is bad (possibly too much debt at IPO) or it is good (steady business outlook); "the market" is taking its sweet time to decide.

[mfhmfh] 11/5/2016 16:04

dividend was paid on 10th May. only 0.68p per share I think.

[salpara111] 11/5/2016 15:40

Well, I certainly took my money of the table too early!
If it pulls back again I would buy back in.

[jarbie] 11/5/2016 15:34

what is propelling this up ?
to what resistance level ?
250p ? what dividend ? when ?

[shauney2] 09/5/2016 10:23

From citywire

Woodford moves in on Equiniti

Citywire AAA-rated investment star Neil Woodford has shot to the top of Equiniti’s (EQWN) share register, increasing his stake in the administration and processing business more than 10-fold.

Woodford increased his holding in the business from 1.39 million shares to 16.39 million or 5.46% worth £27.53 million at a share price of 168p, up fractionally from their 2015 list price of 165p.

The stake is held by his fund business, Woodford Investment Management.

The purchase followed the placing of 33.3 million shares in Equiniti by its private equity owner Advent, following the initial floatation of more than £300 million in company equity last year.

Share registrar Equiniti processes dividend payments for most of the FTSE 100 in addition to providing payroll and pension admin, counting both the British army and NHS among its clients.

Both Credit Suisse and Liberum rate the company a buy, or price targets of 210p and 250p respectively. The shares closed last week, up 4%, or 6.75p, at 176.5p.

[chadders] 09/5/2016 08:47

The placing seems to have given this some momentum.

[chadders] 06/5/2016 10:36

Some big buys going through this morning.

[salpara111] 04/5/2016 12:33

Took my money off the table a few days back at 170.
Still looks solid but just feel that market turbulence will increase in the run up to the EU referendum and that may present other opportunities.

[mfhmfh] 04/5/2016 09:40

woodford investment management have gone above 5%

[chadders] 28/4/2016 19:36

33 million shares bought and sold in a matter of minutes at 165p. Vote of confidence? Interesting to see how this goes tomorrow.

[chadders] 27/4/2016 12:45

Always good to see chiefs chipping in.I'm expecting a steady rise from here.
Organic growth supplemented by acquisitions sounds very positive to me.

[thomasthetank1] 26/4/2016 12:53

Read Liberum's note on EQUINITI GROUP, out this morning, by visiting hxxps://www.research-tree.com/company/GB00BYWWHR75
"Equiniti had a good Q1 and is on track to deliver FY'16 expectations. New business wins were ahead of last year. The two acquisitions made in Q1 have seen early cross-selling success. A new £40m pension contract has been announced and Equiniti has renewed important contracts with some of its existing blue chip customers. We view Equiniti as a very predictable and cash generative business and believe the rating (10x CY'16 P/E) is too low. Continued delivery, similar to today, should lead to a re-rating to peer group multiples ..."

[chadders] 26/4/2016 07:49

Yes, that's the end of any uncertainty in my view.

[mfhmfh] 26/4/2016 07:42

Solid update today

[salpara111] 21/4/2016 13:11

Woohoo! back above b/e!
I am inclined to hold and see if it can get back to 180, if it does I will definitely exit with a nice profit.

[seagullsslimjim] 21/4/2016 09:27

180p target on the charts short term

[salpara111] 13/4/2016 09:10

A rather disappointing float.
My biggest ambition now is just to get my money back.
I have come to the conclusion that any float that is offered to PIs is best left alone.

[thomasthetank1] 05/4/2016 12:13

Read Liberum’s very in-depth initiation note on Equiniti (EQN), out this morning, by visiting www.research-tree.com …
"FY'15 results are in-line with our expectations with Equiniti delivering 7% organic revenue growth. The highlight is the very strong cash generation which led to net debt coming in 13% better than expected. Net debt/EBITDA fell to 2.8x, close to Equiniti’s long term target of 2x-2.5x. High leverage has been a key investor concern and the over delivery here should lead to a re-rating. Guidance has been reiterated and we make no material changes to our forecasts..."

[chadders] 18/3/2016 17:13

First signs of a recovery to 180p?