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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
  -0.10 -0.27% 36.80 35.80 37.80 37.50 37.00 37.00 97,611 16:35:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 25.0 8.0 3.3 11.3 73

Record Share Discussion Threads

Showing 726 to 750 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
17/4/2020
07:25
You may be right. The year was going very well up to feb 29th. As expected the strong USD will help reported income. This is resilient performance , client numbers up significantly , AUM up despite the virus, a fairly poor performance from the products themselves though the hands-on currency for return pruduct did really well. No performance fees earned,divis look safe. The policy is unchanged so the divi could be the same as last year 1.15 int + 1.15 final. If they paid a special of 0.5p then the divi would still be covered by EPS, forecast to be 2.9p, so that works. If it opens at 35p , pays a divi of just 2.3p for the year, then that is a 6.57% divi. Not bad for what could finally (fingers crossed) be morphing into a growth stock. If it can have a good 2021 and really grow, it could finally re-rate back to nearer 50p.
robsy2
17/4/2020
07:23
Not quite sure of this opening at 35p after a quick review of the numbers. The dividend looks safe. No performance fees in this quarter. AUM down due to stock market losses. Their currency strategies did not do so well either. No client losses and no further money leaving other than what has already been flagged up prior. They play up how established and respected the company is and hope to pick up some new clients because of this. Just happy the divi. appears safe.
konradpuss
16/4/2020
17:13
reckon this will open at 35p tomorrow
itsnotmeitsy0u
16/4/2020
08:50
Robsy, all we need is a little growth and some performance fees!
konradpuss
16/4/2020
08:19
Yes I'll be onto this early tomorrow morning as well. I have quite a big position here. On the whole I've done well but very much as a result of buying into weakness. It goes from weak to average, it has never stepped up to a good rating. As a consequence I have built up a lot of stock,earned well but it's never really flown ... Maybe "steady as it goes" is good enough. Maybe it's the new gangbusters? I would be disturbed if dividends are cut. Maintained or slightly up is fine, the payment of a special would be very well seen. See you tomorrow. Don't be late! Best
robsy2
16/4/2020
07:59
fingers crossed!!
itsnotmeitsy0u
15/4/2020
19:31
Well, results on Friday. Did they call the dollar right? I guess they have not lost any money under management as they usually put out an RNS if such happens. Here is a guess, it will be a ' steady as it goes' set of numbers. Last time around (2008) it was a disaster for them and the share price, because of their then business model. I think they might well be in quite a good place right now with a good balance sheet and NO borrowings. Good old Neil.
konradpuss
02/4/2020
11:54
ticking up nicely.
itsnotmeitsy0u
31/3/2020
12:28
I think that's been the offer price the last couple of days Robsy, there's quite a big spread here.
trident5
31/3/2020
11:55
The HR Director seems to be buying shares at an exercise price that is higher than the market price!
robsy2
30/3/2020
21:07
frazer, the AUM is OPM (other people's money) that they provide advice only upon. Their client's are blue chip - private family offices and institutions mainly based in Switzerland. I agree with you that the next up date by the company in early April will be revealing.
konradpuss
30/3/2020
20:54
I’m reluctant to buy anything but particularly a small capitalisation currency manager with huge AUM in volatile times. Need a green light (some form of update) from the company before adding.
frazboy
30/3/2020
20:45
I get the feeling I am talking to myself here! well any how I have been reading the RNS in respect of Alpha FX Plc today They are nothing like Record (thank God). They are seeing much stress with their clients settling margins on FX transactions. I am so glad Record do not do that stuff. The other thing I noted about the RNS from Alpha FX was their commentary of the recent extreme currency movements - mainly the dollar appreciating (safe haven) against other currencies. I wonder if this will help Record?
konradpuss
26/3/2020
19:53
Now how safe is the 'Record Plc' dividend? Well last time around, much of their profit was based on income from currency funds. This time it is consultancy. My hunch is that their clients might squeeze them for a reductions in management fees, however the virtual funds they 'manage' will stay relatively put. I think if they produce some O.K. numbers in April and the dividend is maintained (the special dividend is a bonus) then there could be a realisation that Record Plc is not going to hell in a hand cart. We could then all wish for a re-rating.
konradpuss
18/3/2020
17:45
Let's hope for some more performance fees on the strong dollar. I hope they hedged it the right way.
konradpuss
18/3/2020
17:01
strong USD should help them as well , provided they haven't hedged it away...
robsy2
13/3/2020
11:50
Just picked up a few more on the latest dip at 29.75p , that's a cash covered yield of 7.7% without any special divis.That has to be good value. R
robsy2
04/3/2020
15:56
2m buy. maybe i did buy in at the right time!!!
itsnotmeitsy0u
04/3/2020
15:05
timing could have been better!
itsnotmeitsy0u
04/3/2020
12:59
just bought in - way oversold imo
itsnotmeitsy0u
04/3/2020
12:35
Not sure I follow Cerrito? I’m really just trying to understand whether the weakness is a buying opportunity. The slide in the share price has been on v low volumes. I have a few but won’t add for now.
frazboy
04/3/2020
11:08
frazboy Given that Passive is $50bn and dynamic $3b out of total assets of $58b at 919 a salient point you have made.
cerrito
04/3/2020
07:28
I think the more obvious answer is this: ‘ Substantially all the Passive and Dynamic Hedging, and some of the Multi-Product mandates, are linked to stock and other market levels. Consequently AUME may be affected by movements in these markets.’ So, even tho it’s a currency hedger the AUM are still parked (to some extent) in stocks, it’s no different from any other asset manager in that respect.
frazboy
03/3/2020
11:30
Only one concern - if Neil Record got it he is old and might croak! Other than that I think it might stimulate some currency volatility which would be good for Record.
konradpuss
03/3/2020
11:14
Anyone got any clear view on why the corona virus should significantly impact Record group? As it’s a currency hedger the only obvious reason for a drop in AUM would be clients withdrawing funds... correct? Or is there an element of counter party risk?
frazboy
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
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