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JIM Jarvis Securities Plc

49.00
-2.00 (-3.92%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Jarvis Securities Investors - JIM

Jarvis Securities Investors - JIM

Share Name Share Symbol Market Stock Type
Jarvis Securities Plc JIM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-2.00 -3.92% 49.00 08:04:04
Open Price Low Price High Price Close Price Previous Close
51.00 49.00 51.00 49.00 51.00
more quote information »
Industry Sector
GENERAL FINANCIAL

Top Investor Posts

Top Posts
Posted at 20/9/2024 09:34 by jody_lloyd
Hi tenapen,

I understand your concerns regarding the company's current direction, especially with Grant stepping down yet still retaining control. It does seem like a challenging position for a new MD to step into, considering the lack of clear direction and the existing business ethos that may stifle fresh ideas.

Your point, (as I have read it) about the company potentially being a "lame duck" is interesting—if there’s a perception that it lacks innovative leadership, that could certainly hinder not only hiring efforts but also investor confidence. I agree that an acquisition might be the only way forward if they can align with a company that sees value in what’s currently being offered. However, as you mentioned, persuading a buyer of that value might be tough without a clear growth strategy or demonstrated potential.

I'm curious if you think there are any specific steps they could take to improve the situation or make themselves more attractive to potential investors or acquirers. Would a strategic partnership or a shift in their business model be viable options, in your view?
Posted at 20/9/2024 08:27 by jody_lloyd
Hey everyone,

I wanted to share a bit about my recent decision to sell my holdings in JIM. Frankly, I've grown a bit bored with the ongoing investigation and the lack of concrete information from the company. It’s been quite some time since the issues started, and without any clear communication or reassurance about their status, my confidence has dwindled.

I understand that investigations can take time and that companies often have to navigate complex situations, but as an investor, I need to feel secure about my investments. The uncertainty surrounding JIM has left me feeling uneasy, and rather than wait around for news that may or may not come, I thought it best to move on to opportunities that provide more clarity and potential for growth.

Curious to hear if others share similar sentiments or if anyone has more insight into the situation. Have you decided to hold or sell?

Looking forward to your thoughts!

Jody
Posted at 27/7/2024 09:35 by melton john
Hi Steelwatch, yes it works for me but I registered with them a long time ago and my name's down so I get in. Worth a try for anyone interested in quality research, I think it is just a matter of saying you are a private investor and giving a reasonable identifiable email address other than MickeyMouse@hotmail for compliance purposes. You should get an email back with a login link. Interested if it works for you Boystown.
Posted at 20/7/2024 23:54 by thrugelmir
JIM won't even register. Too small and illiquid to be of interest to most investors.
Posted at 20/7/2024 07:27 by tenapen
Proof that professional investors are shifting cash to UK shares
Global fund managers have more money invested in UK stocks than at any time in the past two years. City writer Grame Evans has the details and reveals where experts are most bullish.

18th July 2024 13:30

Graeme Evans from interactive investor

Cont...

---------

I'm still hoping once this FCA investigation is completed, the Grant family sells to the American's with thier 'better' customer service. Maybe then the shares can make some kind of a recovery.
Posted at 19/7/2024 22:32 by thrugelmir
If there's more sellers than buyers and/or market makers are sitting on lines of stock. Then the price will drift downwards. That's the function of a market. Up to individual investors to decide for themselves what the fair value of the stock is. Whether to sell or buy.
Posted at 05/5/2024 10:48 by davidosh
We have tried many times to get Jarvis to come and do presentations and now would be a great time for them to come and meet investors if any of you can encourage them to come.
For the whole of this long weekend any investor buying a ticket for the *Mello2024* event will be given the bonus of being able to bring a friend or family member completely free of charge. Worth getting a friend to join with you and halving the cost maybe...

Will end at market open on Tuesday as it is a bank holiday weekend so plenty of time to connect

Mello2024 investor conference takes place on the 22nd and 23rd May Do come and join us....another six companies added to the list today and another six to be announced on Monday.

We want to keep this important face to face engagement with companies going and it has been tough since Covid as many directors just want to do webinars as their only token offering to investors. If you want to ask private questions or check out body language it is impossible on webinars and investors need to network with each other too.

Please support us and encourage companies/ management teams you are in contact with to come along to Mello2024 in Chiswick on 22nd or 23rd May

Mello2024 – Mello Events

If you have never been to one of our two day conferences before then clearly you are missing a great opportunity to engage with management teams and also network with hundreds of likeminded investors so we are offering virgin tickets at just £30 for either of the days so that you can see what it is all about.....a big discount from £99.00 and if you do not agree having spent the day with us I will give you an annual pass to our virtual shows on top. I just want investors engaging with all these quality smaller companies. This offer is only if you have never attended before so please be fair to all those who pay much more.... Simply enter the code NEW2MELLO24 BUY NOW:
Posted at 26/4/2024 11:27 by qg holdings
Yes it is nice to see JIM finally getting some attention from the Bulls Tenapen. Slightly annoying for me as I have some chunky dividends coming in from ABDN,SDR and IPF over the next two weeks. I have these earmarked to add to my position here, now i will get less shares for my money, but that's just the way the cookie crumbles.

One thing I forgot to mention about the AGM, another shareholder suggested the company attends more investor events, the directors thought this was a good idea as it helps raise the profile of the company for investors and is a good way of networking for more new customers.

Anyway I must dash as I have a late lunch with a friend from school who now works for Barclays. I sold out on BARC far too early having got in just over 130p. Now he keeps laughing at me. Always interesting to hear his perspective on markets. I keep trying to get company specific information from him, but he is far too clever and professional to fall for that.

I hope you are all enjoying the new highs on the FTSE 100. I noticed a while ago that the 50 month moving averages for the indices will start to move upward significantly for the next 8 or 9 months as the COVID/lockdown trough will start to be more than 50 months ago. I suspect this will be very bullish for stocks generally. Good news for JIM and good news for anyone with a diversified portfolio. I'm not ruling out 9000 on the FTSE 100 by the end of 2024, the UK market has some catching up to do with its Japanese, US, French and German peers. It's a bold call but stranger things have happened.

Have a nice weekend everyone.
Posted at 09/4/2024 17:09 by saucepan
Melton John: as you have been a customer for 20 years or so, have you noticed one iota of improvement in their trading platform in that time? With a similar customer track record, I certainly have not and I think it is indicative of unwarranted business complacency.

I transferred from X-0 to interactive investor a few months ago. The resources available to private investors and the whole trading experience are infinitely superior.

Justiceforthemany: it might be. However, when you consider that you have the whole universe of FTSE listed stocks to choose from: is this the most promising? I think not.

I have no real axe to grind with JIM, not least as I was fortunate to be invested to the 300p levels, when I thought price had got ahead of itself. I had not anticipated terminal decline at the time of my lucky exit, but it rather seems that way to me these days. No advice given or intended, just personal opinion.
Posted at 07/4/2024 16:20 by melton john
Investment Chronicle have an article which updates some ISA and Sipp providers varied responses to the FCA. Once again, JIM is not alone in being sqeezed but we have yet to hear the final outcome. I don't normally like copying from subscription sites but the information vacuum enforced by the FCA leaves little choice but to gather what I can from press articles:-

Various investment platforms still do not pay interest on cash balances held by customers, despite a new regulatory focus on getting them to pass on the higher interest rates that they earn.

In December 2023, the Financial Conduct Authority (FCA) told platforms and personal pension providers to ensure that the level of the interest rate they were retaining on cash balances represented “fair value” for the customers.

It also demanded that they stop the practice of “double dipping”, where some platforms both retained part of the interest rates they received on cash and charged customers for it.

“This practice may be particularly likely to confuse consumers and we do not consider that it demonstrates that a firm is acting in good faith, that is honest, fair and open dealing, and acting consistently with the reasonable expectations of customers,” said FCA executive director of consumers and competition, Sheldon Mills, in December.

The deadline for platforms to make changes and address the concerns in the FCA letter was 29 February.

Platform differences

Investors’ Chronicle has looked at the treatment of cash by a range of popular retail investment platforms. The results were mixed.
Among the main platforms on the market that practised double dipping at the time of the FCA letter were Vanguard and Willis Owen. Vanguard charged 0.15 per cent a year on all assets including cash, and then paid an interest of 2.6 per cent on cash balances. But the platform told Investors’ Chronicle it stopped charging for cash on 28 March, “in line with FCA expectations”.

Willis Owen still charges its annual service fee, which starts at 0.4 per cent for the first £50,000 and gradually decreases on higher amounts, on all assets including cash. It then pays a 2.46 per cent interest rate on cash balances.

A Willis Owen spokesperson said: “We operate a two-tiered pricing structure, one for customers investing on our platform and another to cover the costs of managing cash on the platform. We believe this is fair as investment platforms are designed for active long-term investment, not holding cash. It would be unfair to pass the costs of moving cash to all customers as most do not use our platform for this.”

The spokesperson added that the platform sends regular communications to customers that might be holding more cash than necessary to cover fees to let them know that doing so may not offer thebest value.

Meanwhile, various other platforms do not pay interest on cash. Halifax Share Dealing and iWeb, both part of Lloyds Banking Group, only pay interest on self-invested personal pensions (Sipps),for example.

Holly Mackay, founder and chief executive of Boring Money, said that the FCA’s focus on the issue “is a wake-up call for investors that there are generally better cash options available and leaving large sums in a platform account is rarely a good idea”, although she added that there have been improvements across the board recently.

Perhaps the most high-profile change as a result of FCA pressure came from AJ Bell. At the end of 2023, the platform announced increases to the interest rates it paid on cash held in its drawdown Sipp and on cash balances above £100,000 in Isas and accumulation Sipps. The changes became effective on 1 April.

Among the platforms that pay the highest interest rates on cash is Bestinvest, which currently pays 4.45 per cent on all cash held in any of your accounts. Trading 212 advertises a competitive 5.2 per cent on any uninvested cash, but this is achieved by investing the money in “a mixture of products and vehicles such as qualifying money market funds, time deposits and current accounts”, so part of it is actually invested, albeit in very low-risk funds.

In some cases, customers need to make sure they have opted in to receive interest on the cash they hold on their platform. For example, Barclays Smart Investor does not pay any interest on cash held in its general investment account, but offers a feature that moves customers’ cash to an “investment saver” each day, so it earns interest when it is not invested.