Equiniti Share Discussion Threads

[geheimnis2] 27/7/2017 16:46

looks like we could hit mcap of >£1 billion in the next week? assuming the market likes the interims tomorrow!

[lurki0] 23/7/2017 10:49

Precisely, Mr D. Entirely agree. I believe after the interims are published the share price will bob along in a range between £3.00 and £3.50 through to Christmas. Hence my intention to add another tranche before the 28th.

[mr doughnut1] 23/7/2017 10:01

Looking forward to interim's this coming Friday ,the 28th.
I always think it is interesting when brokers upgrade their forecasts prior to results being published. I know Goldman,s was reacting to the well received news of the proposed takeover of Wells Fargo but they must also be expecting the results to be better, may be significantly, in terms of debt reduction and eps, as Lurki0 identified.
If this is the case then the share price could test 300p

Goldmans and view of EQN 'at its core we think EQN has an attractive and cash generative business model'. What's not to like?

[wynmck] 21/7/2017 08:21

G.Sachs up tgt price to 320p(280p)

[lurki0] 17/7/2017 15:18

On a rip again - chunky buys going through. Looks like a few companies are piling in now.

[jgoold] 13/7/2017 08:24

With 4.5 mil shares traded yesterday bound to be good institutional buying.

[mellorscarthwaite] 12/7/2017 23:00

Thank you Vacendak well sold on the webcast

[vacendak] 12/7/2017 21:09

@seagull
Damn you are right.
Weird, I usually type it properly with an "i" but the last couple of posts have been misspelt indeed.

I shall edit those, just for the sake of rampant OCD. :)

Let me go to the VOD thread and type "Vodaphone" to annoy people.

[seagullsslimjim] 12/7/2017 18:40

Vacendak - it's Equiniti not Equinity !!

Do you shop at Tescos, Marks and Spencers and Asdas?? :-)

[vacendak] 12/7/2017 15:53

The webcast has been posted.

[lurki0] 12/7/2017 15:21

Agree totally. Stunning news. This is transformational for the company. Results in just over a fortnight - which I believe will also cause quite a stir.

[vacendak] 12/7/2017 09:34

There is no mention of regulators/competition issues; but yes, this could turn Equiniti into a huge beast indeed.

A recording of this morning 9.00 a.m. conference call will be made available later in the day on the website. We should get an automated email about this.

@johnsoho
If it carries on like this, +9.9% for today, we might get to 300p by the end of the month!
They say that the predators usually see their share price drop prior to a merger, it does not seem to be the case with this one.

[johnsoho] 12/7/2017 09:20

I think this Wells Fargo news announced today is EPIC and will totally transform this company and its share price; would not be surprised to see £3.00 per share well before the end of 2017. Well done to Equinity's management.

[vacendak] 12/7/2017 09:12

Equiniti is taking over Wells Fargo's share registration service.

More debt and more equity, but positive reaction on the share price so far today.

[lurki0] 24/6/2017 21:04

Why now, people are asking? Well I suspect that some have an inkling that the interims due next month will show an appreciable jump in eps and a chunky reduction in debt. Whether or not the company has a notable public profile is an irrelevance. The numbers will do all the talking.

[vacendak] 21/6/2017 23:52

@Mr doughnut
Equiniti Shareview looks a bit Spartan, straight from the 90s, like ADVFN in some ways. :)

They reply to email enquiries relatively quickly. I get my notifications for corporate actions (subscription share calls, rollovers of zeroes, etc.) well in time. The money clears in within a working day at most. I have also dematerialised share certificates with them very easily. No problem so far; although if one were to look-up Equiniti Shareview on Google, they would find that others have complained about difficulties moving their money out and issues about grants of probate when family members passed away.

They are relatively cheap and offer a regular investment option for £1.50 per trade. Since it is possible to set-up and cancel at will, I use this option most of the time. They buy around the 5th of the month. I only hold a trading account with them, not an ISA, need to check about their fees for that.

I got with them more or less by default after having held some Prudential shares in paper form that were registered with Equiniti Registrars (technically not the same company, even if within the same group of course).

So overall I guess I would recommend them, but this is mostly because I have not experienced anything wrong... yet!

[mr doughnut1] 21/6/2017 21:12

I too am wondering why now? All the fundamentals have been there for some time. Another large buy of 80558 shares at 249.00 went through today, it seems as though institutional investors have really taken to this company and are literally hovering up stock. I would be interested to know what there platforms are like to use?

[vacendak] 21/6/2017 09:11

Still flying high all the way to the stars.
I am also wondering "Why now?", all the official reports since IPO have been positive, and indeed mentioned a dedicated policy to reduce the debt on an incremental but constant basis. Yet it seems it has only caught fire since the beginning of the month.

Equiniti is not a brand that people are aware off, when thinking about an investment platform, Hargreaves Lansdown comes to mind, not Equiniti Shareview. They handle pensions for the Royal Navy and parts of the Civil Service, it is hard to interest people in pensions in general. Equiniti is a registrar, again, nobody really talks about that boring business. They also provide specialist outsourcing solutions/professional services, but Capita is better know for that - usually infamously so.

It is mostly held by institutions with 46.47% held by top ten holders (source FT):
Woodford Investment Management Ltd. as of 07 Mar 2017 32.37m 10.79%
GVQ Investment Management Ltd. as of 07 Mar 2017 16.11m 5.37%
Allianz Global Investors GmbH (UK) as of 11 May 2017 15.18m 5.06%
Paradice Investment Management LLC as of 06 Apr 2017 15.00m 5.00%
NNIP Advisors BV as of 28 Feb 2017 14.59m 4.86%
Odey Asset Management LLP as of 01 Apr 2017 11.27m 3.76%
River & Mercantile Asset Management LLP as of 07 Mar 2017 10.20m 3.40%
Majedie Asset Management Ltd. as of 30 Apr 2017 9.02m 3.00%
Standard Life Investments Ltd. as of 01 Apr 2017 8.03m 2.68%
Rathbone Investment Management Ltd. as of 01 Apr 2017 7.68m 2.56%

Personally I only became aware of the IPO by chance, from having a Shareview account.

[mr doughnut1] 16/6/2017 19:44

Good write up in IC Today with a 'BUY' rating. A lot of investors may have been put off by the relatively high level of indebtedness, but the company seems to be addressing this head on.
I really like this company and have bought in 3 times since IPO but I think a lot of potential investors struggle to work out what the company actually does? You should always be able to describe what the company you are investing in does in one sentence.
I can't do this?

[vacendak] 16/6/2017 11:34

It took a while for Equiniti to reach its "expected 220p+ within a year" (back in the early days), but we are now safely there. Better late than never.

@MrDoughnut
Yep, even after a crash or years into a bear market, companies will still need to have their shares on a book somewhere. That was the motivation to buy the IPO.

[mr doughnut1] 15/6/2017 21:08

The FTSE250 took a bit of a battering today. Investors seem to be going into cash or shares with more certain forward earnings ie WJG. EQN should provide a place for relative stability given that 'even if things go wrong on the markets, our clients still need us' - face dark.
Would be interested to know if anyone also holds XAF which I believe was formerly owned by EQN before being bought out by private equity co, CBPE.

[lurki0] 14/6/2017 08:31

Looks like a bit of a surge prior to the interims on 28 July. If the story from the TU still holds - and there's no reason to suppose it shouldn't - this makes sense for buyers to get in sub 230. Hence the lift.

[mr doughnut1] 13/6/2017 19:53

Over the last 2 weeks MM. Seem to have been forcing the price down before some large buys bounce it back up again. Any idea whose buying?

[mr doughnut1] 25/4/2017 20:00

Good TU today. Trading in line with expectations, as expected. I particulary like the phrase 'we have continued to retain 100% of our clients. We have renewed or extended relationships with clients such as Santander, Imperial Brands, National Express, Talk Talk and most recently, our relationship with the NHS'.
They have also added new clients - Sainsburys, House of Fraserand and Avon Hewit.
Forward guidance very positive with organic growth being suplimented by acqisitions.
There may be some short term profit taking which will negatively impact on the share price but imo Brokers inc Peels will upgrade to a buy with a target of 250/260.

[uapatel] 25/4/2017 18:06

FWIW, on Hargreaves Lansdown site - Liberium Capital reiterates Buy TP of 245p. 25/04/17