Panmure Gordon Share Discussion Threads

[pyemckay] 09/10/2014 04:35

staff retention is always going to be a issue for companies but losing 2 key staff is a blow imo.

hxxps://www.pehub.com/2014/10/zeus-capital-hires-two-from-panmure-gordon/

[discodave4] 06/10/2014 23:42

cyberhub,Employee Benefit Trust (EBT) share purchase is usually the first week of the month, so could be this week (tomorrow maybe), but there are the occasional months where it's the second week (for instance last month it was the 15th).For the past 6 purchases (since April) the share price has increased (never fallen) on average by about 1.5% on the day of the EBT share purchase. However, it doesn't always increase, for three purchases the share price closed flat, also this average is slightly skewed as the share price increased by a whopping 6.5% on the purchase day of 5th June where there was decent volume 184,000 - can't find what else was occurring that day to cause such a rise, any clues anybody?.GLDD

[cyberbub] 06/10/2014 12:38

Oh yes and the monthly 20k purchase for the employee share fund should be this week?

[cyberbub] 06/10/2014 12:07

Indeed... though I sense that we might be near a bottom now?? I say this because, despite the pathetic volume, we have just had two buys in a row, and the share price has actually, wonder of wonders, ticked 'up' for a change??!GLA NAI

[bsharman3] 06/10/2014 10:25

Yes - we have to be very patient here!

[paulypilot] 05/10/2014 20:19

The market rewards patience in the end!

P.

[salpara111] 05/10/2014 15:54

Ho Hum! under water now but going to hold for the next 6 months.
I have held stocks I felt less positive about for longer and got a result!

[topvest] 03/10/2014 20:35

A Panmure sponsored AIM float announced today, which should be good news.

[discodave4] 02/10/2014 19:41

My small profit here didn't last long - 6 days, onwards and upwards (I hope).GLDD

[isis] 02/10/2014 14:57

Lots of poaching going on - Panmure probably doing the same:-

Analyst duo ditch Espirito Santo for HSBC
Lucy Burton
02 Oct 2014
Two Panmure Gordon analysts who were due to join Espirito Santo's Investment Bank last month have made a last-minute move to HSBC, according to four people familiar with the matter.

(Getty Images)
(Getty Images)
Graham Jones and Damian McNeela were hired by Espirito Santo's Investment Bank in July, as part of a bid to strengthen Espirito's coverage of the European consumer sector. They were due to start the new roles last month.

However, they have now agreed to join HSBC instead, according to four people familiar with the matter. Jones is already a former HSBC alumni, having been the bank's head of European food produce before he joined Panmure Gordon in 2004.

The pair, who between them have over 30 years experience in the consumer sector, will join HSBC as equity analysts by the end of this year, according to one person close to the matter.

Neither Jones or McNeela could be reached for comment.

Espirito Santo's Investment Bank, which is headquartered in London and owned by Portuguese financial group Banco Espírito Santo, is currently in talks over a possible sale or joint venture, two officials at the bank told Financial News last week. The move followed the bank's decision to close its Hong Kong office.

[salpara111] 30/9/2014 19:50

The 15K was actually a sell from yesterday when the bid offer spread was 150/155.

[loobrush] 30/9/2014 18:45

Patience is required.
If you unload now you could be sorry,in fact one could argue its a buy. I have found that with some stocks it takes a little time
for good results to have an effect on the share price. Clearly they are performing very well and should do better as the year goes on so no need to worry.
I expect that either someone will highlight the potential and the low value as a tip or the price will gradually rise bit by bit and within a few months a very healthy share price increase will be apparent.

[cyberbub] 30/9/2014 17:55

Delayed 15K buy there is a bit more encouraging, at least someone is buying...!

[puku] 30/9/2014 15:45

I agree Salpara - too cheap but unloved it seems. Not sure whether to unload or wait 6 months but not inclined to add.

[salpara111] 30/9/2014 12:32

Glad I only took 5K on results day, given the spread I am now at b/e.
The reason I did not add was the fact that there has been consistent selling on the stock for a long period of time and it is clear that it has not stopped yet with over 6K sales yesterday and over 10K already today.
I am going to hold onto my 5K but wont add any more until we see an end to this selling.
It looking increasingly likely that the stock is just going to drift for the next 6 months until the next set of results and a divi announcement.

[pascalone] 30/9/2014 11:28

I understand that employee shareholders are only allowed to sell in short windows post H1 and FY results - thus it always seems to follow that there is a post results tick up followed by the inevitable price fall. I sold my holding some time back due to this frustration but still keeping an eye on the story. The fact that there is no proper brokerage coverage is unbelievable for a broker! Effectively suggests the story is not being promoted properly.

[isis] 30/9/2014 11:17

I'm putting this down to the Sept/Oct wobble annual event!

All my stocks are down.

[cyberbub] 30/9/2014 09:52

This is madness... is there something we don't know about??

[interceptor2] 26/9/2014 12:53

First coverage I have found is a buy recommendation from GCI, I won't copy the write up here because that wouldn't be fair to subsriber's. But nothing contained in the write up that we don't already know :o)

[fizzypop] 26/9/2014 10:37

Thanks interceptor2. Good to stand back for an overview and see the wood rather than the trees.

[interceptor2] 26/9/2014 10:01

free stock charts from uk.advfn.com


The technical's are of interest here, there are three important resistance levels at 160p, 180p and 220p, as indicated on the chart. The most recent resistance at 160p was from 10th July on the release of the last trading update, the volume was huge at 548,000, so we might need some strong buying power to clear this level due to some stale bulls. Hopefully there won't be too many, but impossible to know.

On Wednesday there was an attempt to clear this level but the price pulled back, volume was 58.000 with some sellers appearing. The average daily volume for PMR is about 7,000, so I think we will need some wider coverage to attract investors to buy into this strong turnaround situation, I would hope that institutional investors would start to become interested.

Some broker coverage would certainly help, we could see some recommendations from the investment magazines or tip sheets, once this weeks results are digested.

The chart has been in a long consolidation period for 14 months now, which is between 130p and 178p, I believe that once the turnaround story finds a wider audience, we could see a strong break out.

[salpara111] 24/9/2014 16:25

Yes I am being a bit cautious!
A couple of bad investment decisions in the last year will do that to you!
I am now more of the impression that someone is offloading a stake given that there are clearly more sells than buys today and someone virtually gave away 38000 shares last week for just 130p.

[isis] 24/9/2014 16:15

Maybe they will?

Can't see why not and the next figures..........can't see why not?

Being a bit cautious I think. ;-))

[salpara111] 24/9/2014 15:45

On fundamentals I agree that it is undervalued but look at what happened when they released their trading statement in July....a short spike followed by a big drop.
I will probably add to my stake but I really dont like buying stocks where I am counting on a takeover to deliver a good return.
They have said that they wont announce any potential divi until May 2015 so a long time to hold just for the prospect of a divi.
Given that the eps for the first half was 10p I really do feel that they should have announced an interim divi of 2p right now as they can easily afford to have a total payout for the year of 6p.

[isis] 24/9/2014 13:39

They don't have to do anything at the moment - if a bidder comes along then they would probably ask them how much they want for their stake or they can just sit on it.

Still way undervalued though.

I also had Merchant Securities which were bid for a couple of years ago - they got bid for - I did well out of it. :-))