Jarvis Securities Share Discussion Threads

[steelwatch] 15/2/2018 07:47

I am delighted to report that 2017 has been the most commercially successful year at Jarvis by some margin. Market conditions have remained favourable and we continue to expand both the commercial and retail arms of the business. Cash under administration has also grown. The share price, whilst volatile, is trading in a much higher range than this time last year

[nigelmoat] 14/2/2018 07:49

Finals due here tomorrow and expecting some good numbers. Any thoughts on a possible special divi payment?

[tenapen] 08/2/2018 11:09

Perfect :-)

Nice to see the rolling header Steelwatch.

Looking forward to next weeks results ..... as always.


Regards.

[gsbmba99] 08/2/2018 07:18

1Q dividend announced at 5p, +17.7% on the 4.25p last year. Ex 15 Feb, pay 8 Mar.

[gsbmba99] 06/2/2018 07:52

HL 1H results to 31 Dec are out. "volumes in the current financial year have remained high and are 8% ahead of H1 17 in absolute terms." On net interest margin: "This was in line with our communicated expectations at the start of the year that margins would be within a 35 to 45bp range for the period following the Bank of England base rate reduction from 0.50% to 0.25% in August 2016. The financial impact of this rate reduction is spread given that the majority of clients' SIPP money is placed on rolling 13 month term deposits. In November 2017, the Bank of England increased the rate back up to 0.50% but again the full impact will take over a year to flow through. Cash accounts for 10% of average AUA (H1 2017: 11%) and, assuming there are no further rate changes, we anticipate the net interest margin on Cash for the 2018 financial year will now be in the range of 40bps to 50bps."

[tenapen] 02/2/2018 12:02

The countdown for the dividend declaration and final results start and today Jarvis gets its first corporate action for 2018.


Dividend - Latest Announcement Date: 8 February 2018

Final results - Next Final Announcement a 15 February 2018

[martinthebrave] 28/1/2018 11:30

"Lured by Market Records and Hot Bets, Individual Investors Finally Dive In."

Hopefully a "Read Across" to #JIM.

[steelwatch] 23/1/2018 16:37

The trick is only to trade "at best" if you get a quote well inside the spread and, otherwise, to use limit orders where you choose the price. Of course, the market can move against you and you can then kick yourself for not accepting the quote. It is essential to have a live quote running in a separate window, such as available on advfn or one of its competitors. Judgement is all.

[janeann] 23/1/2018 16:11

thanks all. most helpful and cautions noted. the smaller company issue is a bit of a worry

[phowdo] 23/1/2018 15:20

I still have a small amount in my x-o account.

Quotes on smaller companies can be uncompetitive compared to IGG and HL.
Dealing fees are no longer the cheapest as IGG is a fiver a trade for frequent users.
On the plus side there is no quarterly charge for infrequent use that others would charge for their sharedealing/ISAs.
The website is fairly basic and logs you out after 10-15mins. No use for an active trader.

In summary, OK for infrequent investments in larger companies.

[janeann] 23/1/2018 15:13

many thanks

[steelwatch] 23/1/2018 15:08

Yes, limits and stops + settlement periods up to T20. The perk only related to sharedealactive accounts. When x-o has always been £5,95.

[janeann] 23/1/2018 14:56

thanks steelwatch - as i read it one doesnt need to hold jim shares (may be wrong but havent found anything to indicate it yet) anymore but what started me looking was contemplating an investmnet in jim.
Is x-o ok with limit orders and the likes? thanks

[steelwatch] 23/1/2018 14:34

Hi Janeann. I've been with Jarvis since 2004, originally via a sharedealactive account which, at the time, offered a very competitive £9.50 per trade, but that came down to £5.95 when a perk derived from holding some JIM shares in the account was introduced, (the minimum escapes me, but was either 500 or 1000). I subsequently opened an x-o ISA which has a standard £5.95 commission charge and subsequently rolled all my JIM into that, but still benefit the perk on sharedealactive trades. Both x-o and sharedealactive offer basically the same online trading platform, though the latter permits telephone dealing.

I can't compare with competitor sites having only previously been with a local High Street broker.

[janeann] 23/1/2018 13:45

Just wondering any of you folk use any of their share dealing services ISAs SIPPs etc. e.g there x-o dealing acc? If so any comments on how they are and how they compare t other low cost providers. Certainly on the cost basis they seem at the lower end?

[its the oxman] 22/1/2018 12:23

Chart looks ready for a run higher, hopefully trading has remained strong, wider market conditions seem pretty favourable.

[tenapen] 18/1/2018 18:49

Hi, its the OXMAN, I wish you well and hope you get your price :-)

I'm looking forward to the results next month and it will soon be Dividend declaration time agian. Hopefully the share price stays lower so the DRIP's get a good haul.

Regards.

[its the oxman] 18/1/2018 08:20

Added 520p - hopefully the right thing to do.

[its the oxman] 12/1/2018 09:15

Bought a few this morning - hoping for decent results and dividend and maybe a break through 600p.

[gsbmba99] 11/1/2018 18:47

I'll have to bookmark the link as it won't let me get there from the Jarvis website anymore. It now seems to require registration with a WH Ireland contact person and the company won't give me one.

[steelwatch] 11/1/2018 17:11

WHI's most recent published target is £6, but that was last August. Presumably nothing has changed:

[shanklin] 11/1/2018 16:46

firtashia

Can't say I have ever seen this happen unless its a WH Ireland forecast as they seem incapable of interfacing with the sites that collate forecasts. Here AFAIAA its a WHI forecast and I strongly suspect its both in the wrong column (i.e FY18 not FY17) and too conservative.