Frp Advisory Share Discussion Threads

[investographer] 06/4/2021 21:22

Geoff Rowley always in the thick of controversy.Just wait until he, FRP & RPC Law are fully exposed with regards to the sham administration of Koovs

[bogman1] 06/4/2021 11:36

Just topped up on the news, fully invested in this sector as I feel it is vastly undervalued and once the support ends the big boys will move in. Onwards and upwards. GLA

[bluemango] 14/3/2021 11:46

Pandemic impact 'yet to be felt on High Streets'

[bluemango] 01/3/2021 09:29

Good acquisition just announced; Spectrum Corporate Finance.

'On an annual basis going forward it is expected that Spectrum's underlying incremental contribution to FRP will be revenue of GBP7.5 million and adjusted(1) EBITDA of GBP2.1 million'

That would feed through to around a 10.5% increase in profits for the coming year.

[bluemango] 23/2/2021 13:26

Extraordinary. Timetable of restrictions being lifted (therefore clearer sight of likely end of Government support for ailing businesses) and yet FRP share price drops back. That's the AIM market for you, not always rational.

[bluemango] 17/2/2021 23:02

Tip mentioned in #496 (published Monday 15th) says he can see the shares rising to '130p within a short timeframe'

[bluemango] 17/2/2021 15:08

Interesting, thanks for that.

Good to see Cenkos confirming they still see a 3.9p dividend, rising to projected 4.6p next year, which is a decent forward yield of 4.2% at current price.

[paleje] 17/2/2021 14:18

This was tipped a couple of days ago on Master Investor site:-

[bluemango] 17/2/2021 12:11

Not only have certain sectors been especially hit (travel agencies, hospitality, High Street non-essential retail to name just a few) there will have been changes in spending patterns that will likely be longer term and business models that will have become relatively obsolete. The nimble will survive, but there will also be much change in businesses still to feed through the system.

[bluemango] 17/2/2021 12:02

The prospect of 'soon' removing Government support for businesses as more of the population are vaccinated, should (unfortunately) see insolvencies closer to the highs you'd expect and therefore more work for FRP.

Double bottom (first low was end Nov) forming on the chart = bullish.

[bluemango] 15/2/2021 11:58

As a follow-up to above, assuming the annual dividend total to be the Cenkos estimate as at June 2020 of 3.9p, that would mean a Q4 dividend payment of 1.5p. [3.9p - (1.6p + 0.8p)]

[bluemango] 15/2/2021 11:01

FRP financial calendar on their website confirms quarterly dividend payable 11th June, is for Q3 - covering end Oct 2020 to end Jan 2021.



Many companies with quarterly dividends tend to have equal payments for the first three quarters, with a larger payment for the last quarter once they know their year end figures.

[bluemango] 12/2/2021 15:39

Good, positive update.

As a reminder, the Cenkos forecast at the time of the IC write-up last June, for y/e Apr 2021 was eps 5.6p with annual dividend 3.9p.

Nice to see them honouring the commitment to quarterly dividend payments. Here's the June 2020 article again:

[tightfist] 12/2/2021 14:05

A useful and moderately positive write-up on Stockopedia/Paul Scott this morning. Apparently there are new Cenkos figures available on Research Tree, apparently whittles down to a forecast 6.4p adjusted eps.

[tightfist] 12/2/2021 08:51

Agreed, looks as though they will be delivering numbers virtually one year in advance? The phrase "..... and additional pressures on some businesses from the UK leaving the EU." may be OK in this FRP context but sounds a bit U.K. ominous!.And finally a quarterly dividend of 0.77%. What's not to like? tightfist

[zangdook] 12/2/2021 08:28

1.6p ex next week, not 1.66p, I think. The previous dividend was 0.66p.

[scepticalinvestor] 12/2/2021 08:26

Odd mkt reaction!

[riverman77] 12/2/2021 08:05

Very impressive in circumstances. Think how they will perform when insolvencies really start to pick up.

[tallprawn] 12/2/2021 08:01

XD on Thursday of next week for 1.66p also.

[scepticalinvestor] 12/2/2021 07:32

Impressive update

[bluemango] 25/1/2021 14:21

High profile administration of Debenhams, conducted by FRP Advisory, now concluded with a brand sale to Boohoo:

[bogman1] 18/1/2021 13:11

Lol. Why would anybody short this stock. It's headed for the moon. Throw a dart up a high street and pick one of those.