Xps Pensions Share Discussion Threads

[robsy2] 15/9/2022 20:20

Why the knocked about share price? Award winning, inflation proofed,dividend paying, well run, non discretional etc etc… i don’t get it.

[dogwalker] 08/9/2022 17:14

That was asking for trouble Robsy2 !

[robsy2] 29/7/2022 11:33

At last i am in profit.
R

[dogwalker] 26/4/2022 12:41

I'm guessing all these so-called 'sells' at the moment are in fact 'buys'.

[robsy2] 20/4/2022 17:06

everybody revved up and ready for the trading update tomorrow? The price action indicates it could be good..

[robsy2] 26/11/2021 14:58

Good investor preentation just now. Very encouraging. This is a resilient business with tons of work , solid reputation , winning market share , winning awards. Lots of earnings visibility, excellent cash flow, solid progressive dividend policy based around paying out 2/3 of after after tax profits , good organic growth, leverage reasonable,non-cyclical business, lots of growth drivers from tightening regulation, sufficient scale and reputation to take on the biggest clients like the BT pension scheme. Strong pipeline of new business.
On the negative side is that they seem to find it easier to improve turnover than EPS, so they need to drive efficiency somehow. Also the accounts are a bit messy , too many exceptionals.
The bulk of their work now is in private DB schemes which is a shrinking market though they say that DB schemes will still grow in financial terms right up the the mid 2030's before the numbers really tail off , but by then the pension money will be bigger still if held in Master Trusts , an area where they are growing fast already.
If they can focus on EPS and be shrewd about M&A then they should do really well as opposed to OK though OK is probably enough to keep me happy.
So, lots of reasons to invest here for me.
One to tuck away.

[deadly] 18/10/2021 23:28

5% fall today, so not so much demand after all.

[robsy2] 15/10/2021 12:19

Nice quiet thread here and I don't want to change that but I thought the market update was very encouraging,in that while earnings growth may not be that significant- mainly because they suggest new hires are needed to deal with the increased workload, they do seem to be confirming that they are on a growth path and to my eyes, the strong revenue growth at NPT is particularly promising.
The current broker price target consensus is 172p.These figures could be upgraded in due course as they could hit 2023 targets in 2022. Either way it looks good value especially with a cash covered progressive 5% dividend.I've bought a few more this morning.

[robsy2] 10/9/2021 08:31

I bought quite a few.

[alloa2003] 10/9/2021 07:19

I assumed that some of the chunky trades of the last week or so were the company buying back shares, as they have approcval for, but surely they would need to announce the buy-backs? So maybe it is all genuine demand for the shares?

[alloa2003] 06/9/2021 15:39

Interesting that Pensionbee is going in the opposite direction. This sector has been ripe for consolidation for some time.

[robsy2] 06/9/2021 13:52

Could be. It looks a lot more interesting than Pensionbee.

[alloa2003] 06/9/2021 12:40

Some chunky buys going through - institutions taking an interest?

[robsy2] 02/9/2021 08:34

It appeals to me!
I have been buying a few yesterday and today. despite the nasty bid offer spread .
For the record,here is the bull case as I see it.
XPS looks like it has a lot of things I am looking for in a defensive investment, a settled BOD with skin in the game , a 5% cash covered dividend,decent business, profitable stable income, loyal clients , strong cash flow, decent returns of equity, high barriers to entry, regulatory tailwinds and maybe the possibility of real growth prospects.
The company appears to have a very good reputation from customers and employees alike with strong governance and a positive business culture . This is important in a professional services people business.
The shares don't seem very highly rated, maybe because there has been no real growth in earnings of late but there are signs that they could start delivering real growth . This growth potential is currently available at a very reasonable price.
The company has the capacity to make more acquisitions . Increasing scale should provide greater profitability. In a consolidating market there are plenty of opportunities for acquisitions, indeed the flip side of this is that XPS could become a target itself.
Dividend pay-outs are high and set to grow and the NPT( National Pension Trust) could be a major catalyst to growth and could be the hidden gem that provides the growth required to push things forwards.
The valuation looks modest and the downside risk appears low.

[lord mandelbaum] 22/10/2020 11:53

Another pleasing and steady RNS, hoping this predictability will appeal to more investors and take us higher.

[lord mandelbaum] 25/9/2020 10:46

Very odd. Rogue bot perhaps? Something to do with it being dividend day and hiking up the distribution price?

I kinda liked the steady-Eddie chart the way it was - XPS is in the part of my portfolio I don't look at that often - so will be nonplussed it it drops back below 125

[martincc] 24/9/2020 15:28

Can't see any news, just a stream of mainly very small buys pushing the price
BOT buying but why so small sizes?

[lord mandelbaum] 24/9/2020 15:11

What an unexpected sudden run up on relatively moderate volume. Very nice indeed, though not what we've come to expect from our trusty bulwark.

Has anyone seen any news?

[janhar] 21/8/2020 08:40

Big buyer in the market

[williamcooper104] 20/8/2020 13:45

Anyone know why the pop today Not complaining obviously

[halfpenny] 13/7/2020 08:55

XPS moneyweek weekend news saying its about 6% dividend and cash rich so a no brainer. Better than being in the bank its a great return.

[lord mandelbaum] 29/5/2020 11:04

Agree Sphere, XPS is dull and not fashionable but should be fruitful.

I just about kept XPS on my tracking list cos did well out of it last year - 100p to 140p in 6 months + 4.3p div. Sold when spread was something like 140/145p - felt like being robbed!

Hopefully that institutional buying should ameliorate the lack of daily liquidity, meanwhile the fundamentals are cast iron, even in this market.

[sphere25] 29/5/2020 09:51

This stock makes you want to fall asleep, but some life of late with some whopping exchanges yesterday and another 1m today, but is that enough to make the unfashionable.....fashionable?