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Share Name Share Symbol Market Type Share ISIN Share Description
Harwood Wealth Management Group Plc LSE:HW. London Ordinary Share GB00BYYWB172 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 125.00p 120.00p 130.00p 125.00p 125.00p 125.00p 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 32.7 2.0 1.9 65.4 81.93

Harwood Wealth Management Share Discussion Threads

Chat Pages: 1
DateSubjectAuthorDiscuss
07/2/2017
16:34
Reminds me more of MTW.
henryatkin
06/2/2017
23:51
True - but this caught my eye - big %s - small free float What we can't easily know as a new listing is this the start of an aggressive new cycle (by looking at old results) - I guess the cycle kick started in apr 15 with pension reforms - then had a second acquisition led spree with the IPO - so nearly 2 yrs in - 1yr in from the IPO new lease of life - so could be another yr or two of big %s. I presume they are mostly buying small groups of IFAs & their 'book' - CR wasn't a fan of this style of people orientated buy to build (Auwkett? Architects was it?) because the good ones can just leave & perhaps start up elsewhere after a time. But HW do seem to have a rigid process that works (a bit like a franchise formula) and a new technology platform to centralise access and acc management I presume - if a very good system package it may make each newly acquired 'book of clients' & teams of IFAs more sticky. ie if they get access to better compliance, IT systems, easy reporting, better visibility, cross selling, wider product ranges etc than before. The pension advice/release mkt is particularly ripe for expansion. If the franchise style formulaic expansion really works they could just keep relentlessly pushing it out. Reminds me a little of DPP (pizza lol) took a while but they just kept expanding the formula through thick n thin - 5 bagged. Assets under influence (AUI) up 75% to GBP2.1bn (2015: GBP1.2bn) -- Revenue up 47% to GBP11.6m (2015: GBP7.9m) of which more than 75% is recurring -- Gross margin of 61% (2015: 56%) -- Adjusted EBITDA* is up 42% to GBP2.7m (2015: GBP1.9m) https://uk.finance.yahoo.com/quote/HW.L/key-statistics?p=HW.L
luckymouse
26/1/2017
12:59
Someone finally opened a thread, this is no IT LMfar too illiquid to buy on news
modform
25/1/2017
16:43
Spread and illiquid puts me off Lucky.
stopps
Chat Pages: 1
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