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FRP Frp Advisory Group Plc

139.50
0.50 (0.36%)
09 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frp Advisory Group Plc LSE:FRP London Ordinary Share GB00BL9BW044 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.50 0.36% 139.50 280,323 14:18:07
Bid Price Offer Price High Price Low Price Open Price
139.00 140.00 141.00 138.00 138.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 128.2M 22M 0.0864 16.15 354.01M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:13 UT 3,599 139.50 GBX

Frp Advisory (FRP) Latest News

Frp Advisory (FRP) Discussions and Chat

Frp Advisory Forums and Chat

Date Time Title Posts
14/9/202409:33FRP ADVISORY # INSOLVENCY PRACTITIONERS AND ADMINISTRATORS 713
19/4/202009:23FRP ADVISORY 28
14/4/202017:31A new lease of life? - that's a fairpoint ! !722
06/2/201714:32*** Fairpoint ***7
25/6/201209:38Fairpoint - Pointing in the right direction4

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Frp Advisory (FRP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:13139.503,5995,020.61UT
14:41:20139.007,76510,793.35O
14:19:25139.7010,00013,970.00O
14:08:10139.7034.19O
13:21:27139.005,0006,950.00O

Frp Advisory (FRP) Top Chat Posts

Top Posts
Posted at 09/10/2024 09:20 by Frp Advisory Daily Update
Frp Advisory Group Plc is listed in the Business Consulting Svcs,nec sector of the London Stock Exchange with ticker FRP. The last closing price for Frp Advisory was 139p.
Frp Advisory currently has 254,683,760 shares in issue. The market capitalisation of Frp Advisory is £355,283,845.
Frp Advisory has a price to earnings ratio (PE ratio) of 16.15.
This morning FRP shares opened at 138p
Posted at 15/8/2024 16:04 by adipsia1
Interesting research published by Berenberg today concerning both FRP and BEG together with target price updates:

The German bank stated FRP Advisory, the largest UK appointment taker for administrations, offers exposure to what it thinks will play out as accelerated structural growth. Berenberg raised its target price on the 'buy' rated stock from 200.0p to 220.0p.

As far as Begbies Traynor was concerned, the UK's largest appointment taker for liquidations has demonstrated "a strong post-pandemic rebound", now stabilising at elevated levels over the last two-and-a-half years. However, Begbies shares have "materially de-rated" since the turn of the year, currently standing at historically low multiples despite a positive recent trading outlook, indicating growth across all service lines.

"With solid forecast organic EPS growth, alongside M&A optionality required to meet a targeted £200.0m of revenue, we view current pricing as anomalous. We update our price target to 150.0p (from 170.0p) today," said Berenberg.
Posted at 15/8/2024 09:13 by adipsia1
A trading range breakout appears to be in progress. Likely target price around 170p
Posted at 10/8/2024 09:17 by wiltowin
H Parkinson Haulage entered administration on 5 August

“Competition in the haulage industry remains fierce especially at this time with the supply chain disruption, driver availability and inflation,” it said.

“The increase in inflation has far-reaching effects to all costs within the business pushing the extra costs to the customers where possible but continually threatening profit margins.”

FRP had not responded as we went to press.
Posted at 25/7/2024 07:51 by tole
hxxps://citywire.com/funds-insider/news/expert-view-informa-smith-and-nephew-mj-gleeson-frp-mitie/

Liberum: FRP is oversold

Shares in corporate advisory group FRP (FRP) have fallen too far after strong full-year results, says Liberum.

Analyst James Allen retained his ‘buy’ recommendation and target price of 205p on the stock, which softened 0.8% to 129.5p on Wednesday, extending losses to 3.4% year to date.

The largely preannounced full-year 2024 results are ‘very strong and in line with expectations’, with news that it had acquired Lexington Corporate Finance, which ‘makes sense from a strategic rationale perspective and has been acquired at an attractive multiple’.

Allen left full-year 2025 estimates unchanged but said that the first quarter was a ‘good start’.

‘Activity levels remain high at FRP, earnings momentum is back on a positive trajectory, but the shares have derated materially, leaving the shares looking very oversold,’ he explained.
Posted at 17/6/2024 16:41 by adipsia1
Interesting to see market reports re: Body Shop Administration.This is clearly going to be a very profitable deal for FRP with fees earned in terms of restructuring AND locating a purchaser.This is the kind of deal that separates FRP from BEG in terms of PE quality.
Posted at 17/5/2024 09:21 by z1co
FRP results to outstrip market expectations

By Alice Bird

17 May 2024

FRP results to outstrip market expectations

Revenues and EBITDA surpassed current market expectations in FRP Advisory Group's most recent financial year, with all five service pillars making "positive contributions".

In a trading update for the full year ended 30 April 2024, FRP said it achieved "profitable growth".

It expects to report revenues of £128m, up 23 per cent on the prior year, and adjusted EBITDA of £37m, up from £27m in 2023.

Both figures are higher than current market expectations.
Posted at 17/5/2024 07:34 by c3479z
seems that a small beat on revenue results in a big leap in adjusted EBITDA though always wary of the latter metric, need to dig into the accounts to work out the adjustments particularly share based payments. also note they worked on admin of Inland, one of my poorest investment decisions years ago...
Posted at 23/4/2024 11:48 by alphabeta4
Just read the above and agree ThropeMatt. Further backed up by article in the Times stating insolvencies are starting to shift to bigger companies - FRP's ideal territory. Good value at the current share price IMHO.
Posted at 11/4/2024 22:07 by thorpematt
I have bought a few of these. Have enough for the time being now I think.

Mostly insolvenices happen toward the latter part of a slowdown and in addition tend to be linked to higher cost of capital (which in itself takes a while to bite).

Also acting as a tailwind will be the potential for those companies with strong business models and balance sheets to acquire those in distress. FRP's M&A services should see a pick up in demand I believe.

Broker's forecasts have seen a pick up of late. Converesely the share price has continued to bottom out. We are still below both 50 and 200 day MA.

Might take a little while to play out, so the strong divi will come in handy.
Posted at 23/2/2021 13:26 by bluemango
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.
Frp Advisory share price data is direct from the London Stock Exchange

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