Share Name Share Symbol Market Type Share ISIN Share Description
Record Plc LSE:REC London Ordinary Share GB00B28ZPS36 ORD 0.025P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 26.55 25.20 28.00 0.00 0.00 - 22,134 09:29:43
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 25.0 8.0 3.3 8.1 53

Record Share Discussion Threads

Showing 476 to 500 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
09/2/2016
22:24
Does anyone know why they're holding on to so much cash on the balance sheet. Thanks.
trident5
07/2/2016
09:09
Had a quick look at these... hxxp://www.wisdomtree.eu/article/1049/wisdomtree-launches-flagship-currency-hedged-etfs-on-the They certainly look an interesting opportunity. About US¢200M under these two ETFs from what I can see.
topvest
22/1/2016
07:56
What about this.... "At the end of the quarter, Record entered into a licensing agreement with WisdomTree Investments, Inc. to provide currency signals that will be used to dynamically hedge currency exposures within WisdomTree's rules-based index family. WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, "WisdomTree"), is an exchange-traded fund and exchange-traded product sponsor and asset manager headquartered in New York. Record is optimistic that this development will allow dynamic hedging strategies to be accessible to a wider range of investors than has been the case thus far."
topvest
22/1/2016
07:52
Pretty good I would say. Due a large rebound today. Particularly like the increase in the return assets and positive news on that front. That's the area that makes all the difference if they can widen the appeal of this asset class particularly with the divergent monetary policies now in place. Also with the $ at 1.40 the £ numbers will be looking much better and offset some of the recent weakness. Cracking buy opportunity at this price.
topvest
22/1/2016
07:44
Those figures don't include the dynamic hedging mandate suspension of $500mm. Otherwise, not too bad.
wjccghcc
22/1/2016
07:33
I have had a quick look and I can't see anything bad there, fund performance postive , aum static , margins static ....? R2
robsy2
15/1/2016
19:46
hmmh a bad day , off the bottom though .... hxxp://ir.recordcm.com/share-price-information/share-price-chart R2
robsy2
15/1/2016
19:25
I'd buy more but I've already got loads!
bdroop
15/1/2016
19:12
Great top up opportunity- this pull back is well over the top. Tempted but have quite a few.
topvest
15/1/2016
14:57
Does anyone know why is that happened?
muji1983
15/1/2016
13:52
This is bad - down 17%.Is this seller done yet? eek
142minty
07/1/2016
20:39
Yes, agree - total over-reaction to the couple of mandate changes in the last quarter or so. Would top-up myself but I have enough already. One big contract win would certainly help. I do wonder whether at some point the currency for return product will also come back into vogue. That is the product that will really make these shares motor but it just hasn't done very well since the global financial crash.
topvest
07/1/2016
09:06
certainly a buying opportunity. A 10 - 12% drop in share price given the value of that mandate to the business is completely over done and its not like it has been cancelled completely anyway. Yield still good and macro backdrop with more divergence in rates is increasingly creating an opportunity for carry trade which we haven't seen in a number years.
142minty
07/1/2016
08:42
I've bought back in at 25.35, the yield is now nearly 7%. There is plenty of cash. Reorganising a 500m mandate doesn't sound that catastrophic/material... so a 12% discount on yesterdays price looks like a buying opportunity. They are punished for being too transparent.
robsy2
07/1/2016
07:49
Another bit of bad news for Record, albeit it's just another bit of short term business coming in and then going out again. That's two short term mandates that came in last year and went out again. Hopefully, they will secure some longer term business soon now that the US have raised interest rates. There is also a chance these mandates may come back at some point. Forex and interest rate management is a real issue for businesses and so the background environment is better than it has been for 4/5 years. They obviously need to win some more mandates to keep the business growing. I will keep patient with this one as they are a good business and well run.
topvest
08/12/2015
12:39
Shareholders will always earn second here from what I have seen - and despite favourable environment to pick up mandates they seem to lose as many as they win , net result not a lot of progress for shareholders, whilst the salaries keep being drawn regardless.
felix99
08/12/2015
12:11
Just going through the report and accounts, some tasty salaries on offer..!!
chrisdgb
01/10/2015
14:57
That's a disappointing client loss but at least it won't take effect for a few months. Trouble is this is higher margin business and c10% of their dynamic hedging book. Need some contract wins I guess. Still think this is a good business and these wins will no doubt come sooner or later. Happy to hold.
topvest
01/10/2015
08:56
I have sold down my holdings.I'll stay on the sidelines for now. There has been much talk of engaging with prospects and clients but the clients seem to be leaving.... so I am as well for the time being. R2
robsy2
30/8/2015
17:26
It's a bit disappointing but was already flagged that this might happen. Short to medium term prospects are still very good in my view.
topvest
28/8/2015
10:02
Thanks TMF More or less as expected. 2016 mitigated by having 1/3 of the income booked. The positives remain in place . + more volatility is good for business + conservative forcasts.no new mandates factored into the forecast figures. + 3 year track record helps sell the higher margin funds. + divi high and secure Let's see if they can deliver their clients and us something. R2
robsy2
28/8/2015
09:01
Edison broker note out http://www.edisoninvestmentresearch.com/research/report/record16
tmfmayn
25/8/2015
11:58
I would be a little careful with those calculations, my information is that they are inaccurate, you may wish to call the company directly.
spooky
25/8/2015
11:54
yes you are right. Ok ,lets have another look, rough figures, so please correct me if I'm wildly wrong... year 2015 return seeking strategy revenue 2.8m of the 20m turnover.so 4.9 down to 2.1 means a 57% drop in fees for the whole year so that is a drop of 1.6million. so adjusted income 2016 7.7 less 1.6 = 6.32 tax at 22% post tax =1.39, leaving net income 5m GBP ish in 2016 against 2015 figure of 6m GBP . a reduction of 17% eps 2015 2.65 eps 2016 2.65 -17% = 2.2p, dividend cost 1.65p so yes not good and yes its material but I still see a dividend being paid and mandates can be won, they suggest that this money may flow back in, i did in 2015 and it is only the second quarter of 2016 year Or is this a sign of something more serious? R2
robsy2
25/8/2015
11:26
Robsy2 -- think return-seeking AUMe now $2.1bn (4.9 at Q1 less 2.8). my rough sums suggest hit to revenue of c£2.8m and something above £2m on profits.
tmfmayn
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