Sorry that should have been £800k in respect of performance fees earned this quarter giving a total of £5.8 million for the year. |
A small (£600k) performance fee as well. |
Most of the important metrics have roughly doubled over the last five years. With the new management and some big shareholders who have retired, I doubt we will get to see if the company can do this again over the next five years in the public arena.
I think Lord Lee is right about the importance of dividends. The share price can go down however the market cannot take away paid past dividends.
Results tomorrow. |
Yes, I was thinking the same.
Year end timing for tax reasons.
I'm holding
P |
Why take a week to announce it. Not positive |
It may well be that the timing of her sale on Msrch 27 was related to it being near the end of the tax year. |
John, I see where you are coming from, however she might need the money as as somebody has stated here before.
If there is bad news coming and she traded on it, she would end up in big trouble.
For me it is just noise - famous last words! |
Uninvestable for me now |
Friday afternoon RNS that CIO's wife just dumped 650k of shares |
Share sale not the most positive news here. Always looked at this but never pulled the trigger |
You are right,Somerset lad.
Silly me |
The CTO's trade is another sale. |
I think the CTO has done a good deal for her first purchase of shares. I dithered about buying more first thing but was too late. |
One off IT costs / performance fees are just noise at the end of the day . AUME gone from 87.7 billion to 101.3 with a month remaining of the financial year . May end up with close to 20% growth in the core business before all the new projects have even contributed . This is a business that can pay out an 8% yield whilst growing quickly trading almost at a single digit multiple , adjusting for cash |
You are right konradpuss as I overlooked that they earned £3.5m in performance fees during Q3.
Well done to those who bought first thing. |
I desperately tried to add to my holding this morning on the drop but then realised I didn't have enough funds as I have too many orders in place. By the time I deleted one of them the price was back up.
I've got a buy order in just in case there's another momentarily dip
P. |
At least they realised it wasn't worth it at an earlyish stage rather than some companies I could name. Short-sighted dip so bought some back. |
Currently, they have earned £5.0 million of performance fees in the first three quarters.
They might yet surpass last year.
Which company has not blown money on I.T. |
Congrats on the US100m plus on AUM.
I note that revenue this current FY will flatline over last year reflecting both the stronger pound and I assume we will not repeat the £5.8m in performance fees.
The £2.4m IT hit a bore but works out at 1.2p a share.
I have enough but for those with little or no exposure worth a look at these prices. |
Picked a few more in the auction on Friday.
Record has some spectacular metrics to be capitalised on.
P. |
New Head of Software Development appointed - Geoff Poore, as per his LinkedIn and liked by Record |
In March 22 NR transferred 2m shares to his charitable trust and a further 1.75m announced 16 March 23 and it was said that over longer term the trust will sell shares in a series of orderly tranches in consultation with Record plc's broker to provide scholarship funds. The financials for The Record Charitable Trust to 5 April 23 are available at register of charities charity commission . Gov. Uk |
Thanks konradpuss, he seems to be reducing 1pc a year. Good that you reminded us that as of last March Leslie Hill had 8.23pc |
Cerrito, he has made a small disposal a while back to fund some bursaries. Other than that my personal view he will hold all or sell all as will Lesley. |
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