Jarvis Securities Share Chat (JIM)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Jarvis Sec	LSE:JIM	London	Ordinary Share	GB00B013J330	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+0.00p	+0.00%	461.00p	456.00p	466.00p	461.00p	461.00p	461.00p	16,622	08:00:00

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
General Financial	10.1	4.3	31.8	14.5	50.49

Jarvis Securities Share Discussion Threads

Showing 2401 to 2425 of 2425 messages

Chat Pages: 97 96 95 94 93 92 91 90 89 88 87 86 Older

Date	Subject	Author	Discuss
01/4/2019 16:39	monty - I take cash and it arrives same day into my Jarvis a/c. The DRIP does take longer.	steelwatch	Read Full Thread Reply
01/4/2019 14:42	The thing thats annoys me about Jarvis very slow to allocate dividends, other brokers in account due day, Jarvis two days later.	montyhedge	Read Full Thread Reply
29/3/2019 07:18	Great timing! 😃 https://www.investegate.co.uk/jarvis-securities--jim-/rns/transaction-in-own-shares/201903290700023945U/	steelwatch	Read Full Thread Reply
28/3/2019 13:07	Here it is, from IC article dated 18/3: Jarvis Securities delivers bumper second half I turned buyer of Aim-traded shares in Jarvis Securities (JIM:510p), a financial services outsourcer and retail client stockbroker, at 460p last summer since when the board has paid out dividends of 19.5p a share (‘Jarvis offers medium-term value’, 15 August 2018). I suggested buying the shares last at 490p ahead of the annual results, having noted that the board raised the payout to a record high of 24.5p a share for the 2018 financial year (‘Take note at Jarvis’ dividend hikes’, 6 February 2019). It was a sure fire signal that the business had recovered strongly in the second half of 2018 after restructuring its commercial fee tariffs to take into account the additional costs incurred as a consequence of implementing the new Markets in Financial Instruments Directive (Mifid II). Despite incurring the first half shortfall, annual pre-tax profits of £4.3m and EPS of 31.8p on revenues up 6.6 per cent to £10m almost matched the record performance in 2017. Moreover, chairman Andrew Grant painted a positive outlook picture, noting that 2019 will benefit from the fee tariff changes implemented in June 2018 as well as the additional services its corporate clients are taking as a result of new regulations. Indeed, fee revenues increased by half to £2.2m last year. Jarvis has two business units: a corporate division, which provides outsourced and partnered financial administration services to a number of third-party organisations and has cash under administration in excess of £150m, all of which is placed on short-term deposit with triple-A-rated banks; and a broking operation that has more than 100,000 retail clients who use its ShareDeal-Active and X-O low-cost online share trading services. Mr Grant also noted that Jarvis “continues to receive enquiries from potential commercial clients attracted by our competitively priced service”, adding that “our retail client numbers are also increasing, which in turn improve both the balance of cash under administration and interest income earned”. Interest earned from treasury and cash deposits rose from £3.8m to £4m in 2018. Jarvis’ free cash pile of £4.6m equates to 42p a share, thus offering ample capital to grow the business organically. So, offering a 5 per cent prospective dividend yield, and trading on a PE ratio of 15 based on WH Ireland’s 2019 EPS estimate of 34.2p, I continue to rate the shares a buy.]	lomax99	Read Full Thread Reply
28/3/2019 12:56	gsb - unfortunately, the article is now behind the pay wall, so can't refresh my memory of it. My view is that I will try to take advantage of any price weakness to top up as and when funds permit. Bought a miserly 54 shares this morning on the drop.	steelwatch	Read Full Thread Reply
19/3/2019 14:53	Nick or stetelwatch, is there a key takeaway or snippet you can share from the article for non-subscribers?	gsbmba99	Read Full Thread Reply
19/3/2019 07:42	https://www.investorschronicle.co.uk/comment/2019/03/18/alpha-alert-for-financial-gains/	steelwatch	Read Full Thread Reply
14/3/2019 12:23	"The signs are that the business has adapted well to new regulation last year and with no new major directives seen in CY19E, should be well placed to benefit from its strong market position; while in the event of interest rate rises, it would be a significant beneficiary. New forecasts are in place for FY2020E. With Q1 DPS up 20%, the prospects for a strong FY DPS pay-out remain excellent and well aligned to the company’s long-standing commitment to rewarding shareholders. All in all, we see both the results and prospects as encouraging and continue to see upside for the shares" WHI	steelwatch	Read Full Thread Reply
14/3/2019 11:15	:-) Good to be wrong again.	tenapen	Read Full Thread Reply
14/3/2019 10:05	Commentary from Jeremy Grime ( Http://www.charltonillingworth.co.uk/index.php/about/blog/ ): "This company is small and illiquid with a large family shareholder. However I have a huge respect for this tightly run business which consistently achieves above 50% ROE. It is going through some road bumps but if it can grow would be one of those highly rated platforms."	gsbmba99	Read Full Thread Reply
14/3/2019 09:15	There's a WHI note out. No change to 19E forecast though sounds as if a little bit of upward pressure - "we are retaining our FY2019E forecasts unchanged for the present". Newly introduced 20E forecast: Rev - £10.6m, PBT - £4.8m, EPS - 35.2p and DPS - 26.8p. "Underlying net cash (excluding cash held for settlement purposes) is up on the year at £5.9m (+12%)." "We note the significant increase in the fee revenue line, from £1.5m to £2.2m (+50.2%), which we read as the fruits of proactive actions in ‘18A, and also the healthy (+7.2%) increase in interest on broking accounts." "The signs are that the business has adapted well to new regulation last year and with no new major directives seen in CY19E, should be well placed to benefit from its strong market position; while in the event of interest rate rises, it would be a significant beneficiary."	gsbmba99	Read Full Thread Reply
14/3/2019 07:17	Excellent. Back on track with the benefits of increased client numbers, both private and commercial and the increase in commercial customer fees now flowing through. Well done JIM	nickk1	Read Full Thread Reply
14/3/2019 07:11	A first fall in profits for ..... ! Looking at the other companies in the sector who have reported, I guess it was to be expected in these tough times. Regards.	tenapen	Read Full Thread Reply
13/3/2019 10:14	I haven't looked for a couple of days but drip shares in now.	melton john	Read Full Thread Reply
07/3/2019 07:31	Dh'o Cheers John, I'll get the hang of it one day ! :-)	tenapen	Read Full Thread Reply
07/3/2019 07:13	Divi day today tenapen.	melton john	Read Full Thread Reply
07/3/2019 06:29	Morning, Steelwatch. Key Dates Next Final Announcement a 14 March 2019	tenapen	Read Full Thread Reply
06/3/2019 21:49	D-Day tomorrow 🌞	steelwatch	Read Full Thread Reply
26/2/2019 22:15	All good points Maddox, Jarvis has and will continue to be a long term hold for me. I take the drip and the odd small top up, and watch my holding grow. Cheers.	tenapen	Read Full Thread Reply
26/2/2019 10:01	Hi tenapen, Thanks good observation, there are a few other factors that I hope will have a bearing. I understand that they have put through a price increase in relation to the higher regulatory costs. There is a possibility that Mifid has encouraged a few more clients to outsource their service. Also, hopefully they benefited from Barclays travails during the year and picked up retail clients. I have no substantiation to those points but not long to wait and see. Regards Maddox	maddox	Read Full Thread Reply
25/2/2019 17:28	Hi Maddox, Using the FT link below, we can see that trade volumes have been lower since the start of 2019. We have no information on how much of that trade volume Jarvis have taken or lost compared with previous years. We would expect the final results due on March 14th to tell us. Regards. Https://markets.ft.com/data/indices/tearsheet/summary?s=FTSE:FSI	tenapen	Read Full Thread Reply
25/2/2019 17:17	Dh'o Cheers steelwatch for keeping me right. :-)	tenapen	Read Full Thread Reply
25/2/2019 15:44	Thanks, that's much later than previous years when it's been between the 16 and 20 of Feb. What are your thoughts on the fy 2018 figs? The WH Ireland forecast are for: Revenue £9.65m Pre-tax Profit £4.3m eps 31.8p and div 23.5p. If the 'forth quarterly div' is in fact the dividend for Q4 - it was paid back in December giving a total for the year of 24.5p. This suggests that WH Ireland's figs are out of date and hopefully don't reflect the better second half? Any thoughts? Regards Maddox	maddox	Read Full Thread Reply
25/2/2019 13:00	Hi ten, actual date is shown as 14 March: http://www.jarvissecurities.co.uk/KeyDates.aspx	steelwatch	Read Full Thread Reply
25/2/2019 12:50	If you press on the Jarvis securities link in the header and then find the 'financials' link and then 'key dates'. The finals are before the 12 march.	tenapen	Read Full Thread Reply

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