Jarvis Securities Share Discussion Threads

[melton john] 24/5/2024 16:01

There was a brief outage on X-O as well. Switched it off and on again.

[steelwatch] 24/5/2024 15:51

opened for me just now.

[sherylchan] 24/5/2024 14:11

sharedealactive website down ?

[justiceforthemany] 22/5/2024 20:28

Hargreaves Lansdown takeover approach.

[1villian] 16/5/2024 13:09

Ok thanks , I’ll keep an eye on it.

[melton john] 16/5/2024 10:59

In a round about way you will because you can buy for 2.8p cheaper than at the close yesterday and you will get future dividends.

The last buy yesterday was at 63.8p, a few minutes ago it's 61p.

[cwa1] 16/5/2024 10:24

If I buy shares today, will I receive the dividend ????

No

[1villian] 16/5/2024 09:51

If I buy shares today, will I receive the dividend ????

[jimtech] 14/5/2024 18:22

Yes, you have, IMHO.

[petersinthemarket] 14/5/2024 16:18

Sorry to interupt guys.
I've doubled my holding in the last few days.
Have I made a good decision?
pete

[tenapen] 14/5/2024 13:20

Just a Thug - No Style

[thrugelmir] 14/5/2024 12:26

Some people are rocks and others sponges. Rocks tend not to progress very far.

[tenapen] 14/5/2024 11:02

We will have to agree to disagree.

Different upbringing bring different perspectives.

[melton john] 14/5/2024 09:49

I am always open to an exchange of views and honest debate tenapen, but lets separate fact from opinion and perception. Also personal attacks on certain people just because they had a better start in life than you or me are uncalled for. It's what you do with your life that counts, money can be wasted or used to good effect. Think of the taxes they pay, remember John Lennon singing about 95p in the pound income tax. On that subject I bet you haven't put your shares in an ISA yet. Last time I mentioned it you said "I'm happy to pay my taxes", do you enjoy not having much money. I've tried it many times and it sucks. Pay what you have too, nothing more, then you can give your kids a good start in life instead of wishing "They" would do more.

[tenapen] 14/5/2024 06:06

............."WHACH"
...,......................................."CRASH
"BANG"
..............................................................."BONK"
,............................."OUCH"
......"KAPOW
...................................."HOLY SMOKE BATMAN'


Personally I was never a big Bat Man fan. Never did and still don't believe rich people give a XXXK about the poor - we are just cattle.

Your post is a little scary John ! I would be worried if you had referenced midsummer murders. And they say gardening is good for the blood pressure.
I will continue to post my view and will look forward to your replies. I am so glad you confirmed the FCA is just an enquiry and not a investigation ! ...... As then we really would be in trouble. "THUD"

"BEHIND EVERY VILLAIN THERE IS A BROKEN HEART"

[melton john] 13/5/2024 15:29

Hi tenapen, excuse my late reply. I've been busy in my garden enjoying the drier weather. You are criticising me for not jumping on the poster who said the share price could go to a pound. Well we tolerate all sorts of opinions on this thread without throwing rocks at each other. We are patient with those who misinterpret the meaning of some parts of company reports or who see themselves as investigative journalists looking for trouble that isn't there or asserting opinions as facts without quoting the source of so called facts. JIM is the subject of an enquiry into the way certain aspects of the business are conducted and the possibility of its use for money laundering. An enquiry not an investigation, the same enquiries that have been made into every similar firm so could you please refer to it as such.
I'm amused by your I'm sure unintentional alluding to Batman's aim to keep citizens safe, but it's a fine line between being helpful and being patronising and condescending. I am neither a fool or a rogue needing anyone else's interference and I'm sure that goes for the large majority of JIM shareholders. You aren't Alan Bates and this isn't the Post Office Horizon scandal so get over yourself. Nothing to see here.

[qg holdings] 13/5/2024 14:36

I am quite pleased the transition will be held in an orderly manner, it is an important decision and the next person to take over will have to be the right person for the job, it really should not be a decision made in haste.

I have sold out of most of my other positions now, just keeping profit stock or a very small number as a marker for future reference. I am maintaining my position in JIM as I don't see the current share price as even close to fair value. Even with a slightly smaller dividend of 1.5p a quarter I am happy to hold and possibly accumulate a few more depending on the price movements.

I realised I have been about three and a half years with no significant holiday so will be having a long summer holiday now to avoid burnout, 60 hours a week is too much to maintain without taking a break every three years or so. Most people get about four to five weeks annual leave a year so I have decided to give myself to the end of September off work. I might miss out on some action in the mean time but I will not miss out on the cricket season and summer.

Up 35% in 2024, I am already well ahead of the run rate. Circa 12.5% (overweight) of portfolio in JIM and I can afford to let this one run and see where it goes. Seems the market was a little underwhelmed with the dividend announcement, but it was good enough for me to decide not to sell any. I'm still bullish here, but feel the main market is technically overstretched. Will wait for a crash/correction before re-entry and get some well needed R and R in the mean time.

Hoping everyone has an enjoyable summer. Sell in May, go away, come back shortly after my Birthday.

[tenapen] 11/5/2024 20:49

A recruitment process to identify and select Andrew's successor as Managing Director of JIML will be carried out with a number of specialised agencies and it is intended that Andrew would retire from JIML by 31st March 2025. In the interim, with effect from 1 May 2024, Will Kett will be appointed as deputy MD of JIML to assist with the handover of relevant responsibilities.



At this stage, and as set out above, Andrew Grant does not intend to retire from, and will remain as Chief Executive Officer of, Jarvis; which, as parent company of the Group, will retain oversight of the Group.

[thrugelmir] 11/5/2024 19:13

@petersinthemarket

JIM is a thinly traded stock. Wouldn't read too much into historic price movements. Though the expectation would be that the stock would fall by the dividend. Barring other news either company specific or wider economic.

Share price does tend to rise as the Drip reinvestment purchases are made. Then subsequently drift lower again.

[thrugelmir] 11/5/2024 19:08

nd grant will still be taking his large salary.


We are now going to be paying another large salary to his replacement.

==========================

Be his employee not his replacement

Tree barking up wrong way. Simple if there's a base understanding of a company.

[petersinthemarket] 11/5/2024 11:37

I note that JIM will go xDiv for 1.5p on Thursday 16th May (I hold). I want to add and I am wondering whether to buy just before or just after the xDiv day. Unfortunately, I don't have records of previous xDivs. What I want to know is what the usual past reaction of the JIM share price to xDiv days has been. Does the share price fall only by the Div value, or more/less. Can anyone help here? Thanks.
pete

[steelwatch] 11/5/2024 04:39

Let's face it, those of us who took a very decent profit out of the company, when it was there for the taking, have a lot to thank Andrew Grant for in boosting the family business from virtual obscurity. OK, it's run into a difficult patch. Such is life.

Lesson to be learnt: Take your profits while the going's good!

[thrugelmir] 10/5/2024 22:59

Andrew Grant controls the bloody company through various share holdings! As an investor if you've never grasped that fact. That's little hope.

[tenapen] 10/5/2024 19:12

John Melton,
Your unhappy with me posting facts and yet you have no comment to posters calling out a Jim share price spike to 100p !. Pure fantasy given the growing investigation into Jarvis. The FCA report is now well over 2 months late ,...... I am just being a good citizen and flagging the long delay to anyone who may read the above fantasy and get sucked in.

And something for the weekend;

Andrew Grant is to step aside from being the CEO, but he isn't going anywhere, so he will still be getting paid. His replacement will want to 'at least'match Grant's renumeration package. So the company's mistakes are not just hitting us with the cost of the FCA investigation . We will now paying yet another high wage / bonuses into the future, and yet no 'sorry' from grant or the nodding heads.

Emoluments & Benefits in kind
Directors - Andrew J Grant £ 368,633