Frp Advisory Share Discussion Threads

[bluemango] 17/5/2022 07:39

Cenkos research note:

FRP has released a very positive FY22E trading update in which it expects revenue would be £95.2m (+21% YoY; we had forecast £88.6m) and Adj EBITDA would be £25.7m – up 12% YoY and comfortably ahead of our £24.2m forecast. Given that the UK administrations market declined 22% YoY in FY22E (as Government support measures offered a temporary lifeline to many businesses), we see this as an excellent performance, which demonstrates FRP's resilient ability to grow throughout economic cycles.

[bluemango] 16/5/2022 15:36

Nice, forward-looking all time high.

[bluemango] 16/5/2022 12:37

- Data from Begbies Traynor's "Red Flag Alert" points to a coming wave of business failures as the economy adjusts to the post-pandemic reality with Covid reliefs cut off and a rapid growth in inflation

The latest Begbies Traynor "Red Flag Alert" research, which has examined the financial health of British companies for the past 15 years, highlights the strain two years of extraordinary financial pressures have had on thousands of UK companies.

Helped through the pandemic and its aftershocks by state support, the report now reveals a 19% jump in the number of companies in critical financial distress with these measures cut off and costs spiralling.

The most recent County Court Judgements (CCJs) data revealed 11,673 rulings in March - up 179% on the monthly average for the previous two years - and the highest level in a single month for five years.

With companies struggling with rising inflation, coupled with the demands of repaying Government Covid support loans, there is now a growing risk of a wave of insolvencies affecting vulnerable British businesses.

[adipsia1] 16/5/2022 10:26

Breakout today. Let's hope it closes around 140p. It's about time FRP broke out of its c. 30p range. If it does, it would tie-in with analyst forecasts of 165p... and it could get there very quickly.

[bluemango] 11/5/2022 23:29

Agree with the above.

Share price approaching all time high, well managed company, an economic outlook which favours the business, and an already decent yield. What's not to like!

[adipsia1] 11/5/2022 21:27

Very interesting comparing share price movements for FRP with BEG and K3C... far less volatility. Clearly there's a significant tranche of shares held back in trust for employee share options (a very good thing), but the company appears to be well managed and understated inn reporting. For FRP at least, it's good to see that company administrations are on the up (not just lower-value liquidations), and also the increased number of news items concerning their involvement in large-scale M&A activity. Can't wait to see their next set of results. Price charts and analyst reporting clearly point towards a breakout from 135p to at least 165. Fingers crossed !

[daneswooddynamo] 08/2/2022 08:13

This one continues to nudge upwards, seems to be a decent buyer in the background

[daneswooddynamo] 01/1/2022 11:49

Hold this in a few places, div in at interactive but not with HL

[bluemango] 01/1/2022 11:26

Has anyone received their Q1 dividend, payment date should have been Dec 24th? Still waiting for mine but I expect it's just Xmas BH delays.

[adipsia1] 22/12/2021 08:44

More scaremongering. There's nothing untoward about the extension. The issue here is with shareholders who made a poor investment decision in Koovs and are desperately looking for a scapegoat.

[investographer] 21/12/2021 09:48

Just out Companies House, FRP Advisory have extended their Koovs administration investigation by another year to Dec 2022, that will be 3 years to close this case.Shareholders have expressed serious misgivings about the conduct of FRP Advisory, RPC Law. Press have been notified.

[km18] 16/12/2021 11:44

FRP advisory is an emerging UK advisory firm involved in forensic services, pensions, restructuring, debt, and corporate finance advisory to raise capital for clients while providing suitable valuations. From a financial perspective, the firm derived a profit margin of 21.31% , stemming from an £8.8m surge in revenue (£44.7m-£35.9m) with respect to 2020. Subsequently, adjusted EBITDA was £11.1m in 2021, 14% higher than the £9.7m generated last year, signifying that FRP advisory is able to fund its operating and activities effectively while deriving attractive operating profits, such was the case of the £5,825m yielded in 2021.



Keep up to date with WealthOracle AM

[adipsia1] 11/11/2021 08:14

Superb H1 results showing very positive impact of Corporate Finance acquisitions coupled with organic growth. FRP operate in a higher-level restructuring area than BEG, dealing with larger Administration cases rather than lower-value Creditors Voluntary Liquidations. This is the area where government support has particularly distorted insolvency numbers.It's only a matter of time until pent up pressure causes this dam to burst... and when it does fee income should increase dramatically.

[adipsia1] 09/11/2021 19:27

It's coming up to H1 reporting. It'll be interesting to see what impact M&A based acquisitions have had on performance.

[daneswooddynamo] 19/10/2021 11:08

Been adding quite a lot here over the last couple of weeks seems primed for a move north imo

[bluemango] 19/10/2021 09:09

A month old but still relevant. Didn't spot this at the time.

[bluemango] 29/9/2021 08:43

Good update. Q1 dividend declared, 0.8p payable Christmas Eve.

[daneswooddynamo] 23/9/2021 09:02

Been topping up this morning, beg statement suggesting the floodgates will be opening soon

[bluemango] 08/9/2021 13:01

They are accumulating quite rapidly.

Only 3 weeks since they passed the 4% threshold having been 3.14% before that.

[bluemango] 08/9/2021 08:40

Danske Invest Management jump from 4% to 5% holding.

[adipsia1] 02/9/2021 16:43

Good to see some positive price movements today with a breakaway-gap in a trading-range underpinned by increased volume. Although FRP - based upon fundamentals - are a higher quality company than BEG or K3C, their share price has been out of kilter for a few weeks. I'm expecting resistance around 135p but once this is breached 160p seems easily attainable. AGM end of this month.

[bluemango] 29/8/2021 18:53

Thanks. That'll do nicely ..

[tole] 29/8/2021 17:36

4.37 is what stockopedia have as forecast 2022e dividend.