Mj Hudson Share Discussion Threads

[bottomfisher] 15/9/2021 09:51

Lahav is not the only MJH executive to sell down his stake. Eamon Devlin, one of the group's top lawyers, trimmed his stake from 4.58% to 3.68% last week. Would not be worrying if the MJH share price was trading at a handsome premium to its December 2019 IPO price of 57p.

[boozey] 14/9/2021 12:29

I am not sure of the quality of the Non-Executive Directors on the MJH Board, but one should have City experience given Matthew Hudson is relatively new to the game. That person would have advised that if you surprise the City, especially negatively, you will pay a price and this morning was a text book example of that. A lesson learnt and the re-building of confidence now begins.

[igbertsponk] 14/9/2021 10:51

They should have said why he sold. If it was to meet a tax bill or something reasonable that would be more acceptable!

[wanttowin] 14/9/2021 10:27

Absolutely agree Boozey, months of patient build up smashed in minutes.

I guess the one redeeming factor is he still holds nearly 800k shares, but even so if he had to sell surely more beneficial to release smaller batches onto the market ?

On the other hand maybe an opportunity to enter/add ..

[boozey] 14/9/2021 10:20

Lahav's share sale has completely destabilised the price this morning. Not a particularly smart move. He must be desperate for the money as he would have known that such a large sale would have had consequences for the company. If Matthew Hudson aspires to be the next Sanne as Igbert suggested then the company needs to send more positive messages to the market. A lot of the good progressive work the company of the last few months has been undone in one fell swoop.

[boozey] 06/9/2021 11:02

Igbert, Martin Sorrell is on the record on many occasions as saying he wants to grow S4 Capital from scratch to the size of his former baby. The price has gone up 7 times since the bowels of the pandemic, but he is still shy of his target by 2.5 times more market cap.

MJH is roughly 15 times smaller than Sanne. Not saying that is not doable to catch up, but it is a mighty ambitious target and he is moving at a snails pace compared to Sorrell in terms of scaling the mountain!

I would say Sorrell is on the Virgin train from Birmingham to London, while Matthew is on the London Midland one which takes forever (when it isn't cancelled!) :)

I hold both in equal measure for the record (and WPP too!)

[igbertsponk] 06/9/2021 08:30

Matthew told me he wanted to grow the business to the size of Sanne (the £1bn) before selling it.

[boozey] 04/9/2021 06:39

I note that a bidding war for Sanne Group - a peer to MJH - has ended after Cinven, the private equity firm that had been stalking the fund administration business, decided against trying to top a rival Apex Group’s £1.5bn offer.

This being the case Cinven could turn their attention to other targets. Whilst much smaller MJH is certainly in the same market.

[wanttowin] 27/8/2021 17:37

Not anymore Bottomfisher..

[bottomfisher] 24/8/2021 08:11

An alternative view. These are pretty small scale director share purchases. One could interpret them as an attempt to bolster confidence in a share which is still below its December 2019 IPO price of 57p a share.

[davr0s] 23/8/2021 19:02

Yeah he holds 40million shares yet buys another 40k lol. Why would he do that if he wasn't still positive about the company

[boozey] 23/8/2021 17:18

Yet more Director buying love the way the CEO sends coded messages about the company performance in the form of Director Share purchases - long may that continue!

[davr0s] 12/8/2021 07:32

I hold - good forward momentum but "broadly in line" means a slight miss in my book

[cheshire man] 12/8/2021 07:29

Very good TU this morning happy to hold :-)

[boozey] 12/8/2021 06:25

Outstanding Trading Statement this morning - with a very positive outlook too!

[wanttowin] 04/8/2021 09:36

Hard to buy any online now, managed to top up with 3500 but had to do it in 3 batches !

[igbertsponk] 02/8/2021 06:34

MJH wanted to be the next Sanne, just taken out this morning. Matthew told me himself. Suspect the SNN takeover will mean a few of their staff will want to move on and MJH will be watching.

[onjohn] 10/7/2021 11:27

Placings soon

[tole] 10/7/2021 11:12

https://masterinvestor.co.uk/equities/mj-hudson-group-the-one-stop-shop-for-alternative-asset-management/

[wanttowin] 09/7/2021 09:52

Trading update coming this month, date yet to be confirmed..

I'd like to see 60p by year end.

[masurenguy] 01/7/2021 00:22

MIDAS SHARE TIPS: Put these back room finance boys at the front of your mind - MJ Hudson's clients range from start-ups to giants like Goldman Sachs
Mail on Sunday: 12 June 2021

Investment veteran Matthew Hudson set up MJ Hudson in 2010 as a one-man band that focused on helping fund managers to run their own businesses. Thousands of people in the financial services industry had been laid off during the financial crisis. Many were looking for new careers and Hudson's firm helped them on their way. The company specialised in back room services like administrative, legal and regulatory support relating to so-called alternative investments, from private equity and venture capital to infrastructure and renewable energy.

Today, MJ Hudson has 300 staff, offices in the UK, Europe and America and 1,200 clients, from small start-ups to giants such as Goldman Sachs and Morgan Stanley, as well as pension funds, including Lloyds Bank and Marks & Spencer. The group listed on AIM on December 12, 2019, the day of the General Election. The shares were priced at 57p, fell to 38p when the coronavirus pandemic erupted and are now 50p. The price reflects neither MJ Hudson's performance to date nor its prospects and the stock should rise both this year and beyond.

A lawyer by training, Hudson has spent 33 years advising businesses on alternative investments. Through that time, he has developed a wide network of contacts and an encyclopaedic knowledge of his field. Hudson is also fiercely entrepreneurial and is determined to build MJ Hudson into a top provider of alternative investment services. The group is well on the way to achieving this ambition in Europe. There is some way to go in America but the seeds have been sown and the outlook is bright.

Hudson has not just expanded into new parts of the world over the past decade. He has also branched into new areas of the market. From offering services such as legal and administration, Hudson began to offer advice, such as whether pension plans should invest in infrastructure funds and if so, which were the best ones to choose. In recent years too, the group has developed an analytics division, helping customers to see how they compare with their peers in terms of performance and costs. The subsidiary also helps fund managers and pension funds with environmental issues so they can assess whether the companies they invest in are as green and responsible as they make out.

This division alone has grown by around 80% over the past year, after Hudson bought a Dutch specialist in the field two years ago. Based in Amsterdam, Spring Associates are so committed to their cause that the owners cycled for 19 hours – from Holland to the City of London – when they first came to meet Hudson. Four more acquisitions have been completed since MJ Hudson floated and more deals are in the pipeline, all relating to existing areas of business.

The group's financial year ends on June 30 and brokers predict a 35% increase in revenues to £27m, with profits soaring from £0.6m to £2.8m and further strong growth in 2022. Dividend payments are expected to start this year too, with 0.1p pencilled in for the current year, rising to 0.3p next.

Midas verdict: Alternative investments are a niche area of the financial markets but interest in them is growing and MJ Hudson provides a range of valuable services to participants in the sector. Matthew Hudson and his wife still own more than 27% of the business so he is highly motivated to succeed. At 50p, the shares should deliver long-term rewards. Buy.

[cheshire man] 25/6/2021 07:00

MJ Hudson Group PLC Acquisition of Clarus Risk
25/06/2021 7:00am
UK Regulatory (RNS & others)

Mj Hudson (LSE:MJH)
Intraday Stock Chart

Friday 25 June 2021

Click Here for more Mj Hudson Charts.
TIDMMJH

RNS Number : 0753D

MJ Hudson Group PLC

25 June 2021

RNS : 25 June 2021

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

Acquisition of FinTech firm Clarus Risk adds risk reporting and workflow automation to MJ Hudson's data & analytics offering

MJ Hudson Group plc (AIM:MJH), the specialist service provider to the asset management industry, announces that it has acquired the entire issued share capital of FinTech risk specialist, Clarus Risk Limited ("Clarus"), to widen the breadth of services in the Group's data and analytics division.

Founded in 2011, Clarus is led by its co-founder Max Hilton, a quant finance expert and former hedge fund manager. The addition of Clarus follows the acquisition of performance analytics group PERACS, in December. As such, MJ Hudson can now support its fund manager and investor clients with data, analytics, benchmarking and reporting across risk, investment performance, ESG and cost transparency. The transaction is expected to be modestly accretive to earnings per share in its first full year following completion.

Similar to MJ Hudson, Clarus' clients are European and North American alternative asset fund managers, investors and service providers in the asset management industry. The current AUM of clients on Clarus' system totals c. GBP10bn. Clarus offers its clients risk and regulatory risk reporting either as managed service, or via software as a service (SaaS). Such services are deployed through an advanced, customisable dashboard environment.

Mr Hilton and his team are all joining MJ Hudson and will play an important role in helping to refine the next level of digital tools across the business. MJ Hudson also anticipates being a significant internal user of Clarus' risk systems. The intention is for Clarus to expand its team of quant engineers and risk professionals and extend its operations to London.

The initial consideration is GBP1.0 million with deferred and earn-out consideration of up to a further GBP2.5 million over a three-year period. The full consideration is payable in a mixture of cash and new ordinary shares in MJ Hudson Group plc, as decided by the Company. The cash consideration will be funded from MJ Hudson's existing cash resources. Further announcements will be made, in due course, as and when these shares are issued.

Clarus generated revenues of GBP0.6m for the twelve-month period to December 2020 and is EBITDA positive.

Odi Lahav, Group COO and head of MJ Hudson's Data & Analytics division, said:

" We are delighted to have Max and the team join the Group. Risk analytics is a key building block in our developing data and analytics product set. Clarus' FinTech business model fits well into our current product suite, and its forward-looking strategic objectives - to offer comprehensive technology focused solutions to asset managers and institutional investors - are fully aligned with ours. With the addition of Clarus, we can now offer clients enhanced levels of transparency, reporting and analytical solutions across the critical areas of their business . Max and the senior Clarus team also bring a wealth of technology and quantitative skills to the group and will form part of our research and innovation platform."

Max Hilton, Managing Director of Clarus, commented:

"I have known and worked alongside the senior team at MJ Hudson for a number of years and have been impressed with the business they have built. The Company's continued focus on the research and development of data-driven analytical tools, as well as its proven ability to attract blue-chip clients for these products and services makes MJ Hudson the perfect home for our growing and evolving product set."

[dodger777] 13/6/2021 20:53

I see that onjohn 🤡 gets everywhere

[onjohn] 13/6/2021 19:51

won't surprise if Matthew Hudson sells out in spike