Personal Share Discussion Threads

[peddlers] 19/9/2024 11:50

Hi All,

I have taken a position on Personal group today.
I'll explain my rationale later but initially, there's great growth prospects here, plus, it's super cheap and comes with a big dividend.

P.

[tnt99] 12/9/2024 15:57

Oh we'll have to be happy with the 6.99 annual dividend

[boonkoh] 12/9/2024 15:50

Patience. Management have the right strategy, there is momentum in operations. They hired loads of Account/Sales people earlier this year, they'll be generating lots of insurance sales in H2.Numbers will be stellar. And hopefully, profit significantly boosted by declining claims as the "pent up post covid" demand for NHS treatment starts to normalise.

[tnt99] 12/9/2024 15:05

Crazy low price should be double the current price every time it goes up a seller brings it back down crazy

[tnt99] 05/9/2024 18:11

Next stop 3.20

[gswredland] 05/9/2024 17:39

It should continue

[basem1] 05/9/2024 15:20

Updated now Hope to see further buying tomorrow morning

[basem1] 05/9/2024 15:04

Post 374 lol

[basem1] 05/9/2024 15:02

You have done well to see that I can only see his last update as 25th July

[basem1] 05/9/2024 14:56

Ah Thanks I'd have expected a bit more buying Vastly underpriced

[gswredland] 05/9/2024 14:55

Yes Naked trader

[basem1] 05/9/2024 14:35

Tipped Somewhere ?

[basem1] 12/8/2024 12:05

Finally some buying of the cheapest stock on the market

[boonkoh] 31/7/2024 20:02

If Chelverton really are selling down to 0%, it looks like we're in for a painful few weeks/months as the liquidity here is so bad...Good for me though. I've been waiting for a lower price to top up my holdings.(I hold in the Boon Fund)

[basem1] 31/7/2024 06:57

Wonder if that is Chelverton finished now You would think that if they had more to sell they would have offloaded a larger chunk Thought there must be a seller.

[tnt99] 29/7/2024 21:08

The share price must be at least 40 percent undervalued 50 percent of the business value is held in the bank after all

[topvest] 24/7/2024 11:50

The way the announcement reads indicates that the consultancy business is no longer really core. It was really from the previous CEO. They could do with selling this and having two clear divisions, both of which have potential.

[topvest] 24/7/2024 11:48

Maybe Rathbones and Royal London still reducing, not sure?

[basem1] 24/7/2024 11:42

Must be an overhang as price refuses to go up on decent buying

[topvest] 24/7/2024 10:48

I've added a few more. Its doing really well. Only risk is regulatory. Insurance sales and renewals all really positive and Hapi platform doing well. Maybe they should sell the consultancy side of the business as well, as that's a bit of a waste of time in my view. Insurance and the Hapi platform are the two businesses that matter.

[quepassa] 24/7/2024 10:24

Wow!

This is an extract from what Cavendish brokers write about Personal Group this morning:

"Based on the strong underlying operating performance and high levels of recurring revenues, the valuation looks currently disconnected from reality. It is rare to find a company on a FCF yield of c. 10%, a yield of over 7% and FY24E year-end net cash forecast to be £23.6m...."



"DISCONNECTED FROM REALITY." - that's saying something!


all imo. dyor.
qp

[basem1] 24/7/2024 09:05

Maybe ST/SCSW or Robbie Burns will comment and set it alight That is what is needed A wider audience

[basem1] 24/7/2024 09:02

Quite simply the price is just plain wrong Not many like this on the market at present

[quepassa] 24/7/2024 07:41

1.
The share price is now pushing near 50% cash-backed

Cash £23 million
Market cap £52 million


2.
Buoyant outlook.
The insurance side of the business is producing some outstanding sales growth.

[balcony] 24/7/2024 07:40

And a further £2M in cash recieved in july.