Share Name Share Symbol Market Type Share ISIN Share Description
Secure Trust Bank LSE:STB London Ordinary Share GB00B6TKHP66 ORD 40P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -72.50p -4.93% 1,397.50p 1,375.00p 1,420.00p 1,440.00p 1,380.00p 1,430.00p 12,046 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 122.6 29.3 128.8 10.9 254.23

Secure Trust Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
16/10/2018
13:32
SP now down again to silly levels. Who can answer this question: How do the interim results from August below justify the current SP? "The repositioning of the business model towards lower risk lending in attractive market segments, and continued growth in both Business Finance and Consumer Finance, have led to income growth and reduced impairment losses. Improvement in impairment performance has offset any impact of the new IFRS 9 accounting standard on reported profits. The cost of risk is down 20% compared with the same period in 2017...... Statutory profit before tax of £15.1m (2017: £11.5m), up 31.3% · Underlying profit before tax of £16.5m (2017: £12.1m), up 36.4% · Cost of risk 2.0% on IAS 39 basis (2017: 2.5%), down 20% · Common equity tier 1 ratio of 13.6% (2017: 15.3%) - post payment of 2018 interim dividend · Total pro-forma capital ratio, including Tier 2 capital raised in July 2018 and after 2018 interim dividend, of 15.1% · Operating income £72.5m (2017: £61.1m), up 18.7% · Basic earnings per share 68.7p (2017: 50.3p), up 36.6%"
deadly
26/4/2018
10:43
Nice fat XD today. Never understood why these fell so far. The market is so inefficient, but that makes it profitable for some of us.
deadly
22/3/2018
15:26
Look like good results today with more to come
rik shaw
25/9/2017
09:33
Lynam is a smart guy and I reckon this is a solid bet.
future financier
25/9/2017
08:53
I've doubled up here as it's a quality bank on a c5% yield and very well positioned for the next downturn.
topvest
31/8/2017
17:27
went XD today but the price rose quite a bit for the first time in a long while, bizarrely!
deadly
25/8/2017
22:53
Although I see no logical connection apart from being involved in lending, could there be a degree of backwash from the PFG situation?
boadicea
23/8/2017
20:23
Director buy today. Must be a big seller causing this mark-down. Starting to look a real bargain.
topvest
22/8/2017
17:20
Yes, slightly puzzling. Think this bank has played a blinder by selling out of its more risky business for an enormous profit at the right point in the cycle. OK, there is a short-term profit impact, but they will be ideally placed when the wheels fall off. PFG are a testament to that! Dividend up and good profits, so not sure why this dropped the way it has. It's a real quality business in my view. Put on my watch list to add some more.
topvest
22/8/2017
14:27
Yes good results, but lots are selling, don't know why.
deadly
22/8/2017
10:15
1/2 year results look OK, certainly not looking to sell these ATM
spreadsheetsteve
25/4/2017
18:32
What got under these today.
renew
13/4/2017
11:16
XD for 58p today but the price hasn't moved, the market seems to be sleeping on this one.
deadly
30/3/2017
12:26
The EMS on this is extremely low, quoted as 150 on my brokers, fewer than 10 positions are open at IG (and Im one of them). I'm guessing that the stagnant share price is partly down to insufficient numbers of shares for institutional investors to bother with, which is what it takes to kick start a share price these days. Possibly combined with a high percentage of share ownership with early investors sitting on shares. In comparison, Shawbrook and OneSavings, two other major challenger banks have in the order of 10 times the shares in circulation, and a tenth of the share price. (over all they are 2 to 3 times the size in market cap) Cant help feeling a share split might help light the blue touch paper STB needs for this to finally take off. 5 to 1 should do it, that and a decent tip in the press.
wobaguk
23/3/2017
10:40
Yes, bizarre, very unloved at present. Just keep buying, the market will wake up in the end, and the divis will keep rolling in! Total profit after tax £137.5m (2015: £28.7m) up 379% Underlying profit before tax* £32.9m (2015: £26.7m) up 23% Common equity tier 1 ratio of 17.4% (2015: 13.6%) up 3.8 percentage points Operating income* £118.2m (2015: £92.1m) up 28% Underlying earnings per share* 137.7p (2015: 114.3p) up 20% Ordinary dividends for 2016 of 75p per share including interim dividend of 17p per share paid in September 2016 and proposed final dividend of 58p per share payable in May 2017 Customer deposits increased to £1,151.8m (2015: £1,033.1m) up 11% Overall loan book increased to £1,321.0m (2015: £960.6m*) up 38% Total customer numbers increased to 754,968; a 42% increase on 2015: 532,278*
deadly
23/3/2017
08:21
I do not get why the share price is so inert, its been on a slow decline with no bad news over recent weeks, and today posted what appears to be very positive results, and increased dividend, and the share price has barely moved a point either way.
wobaguk
01/3/2017
14:26
Sorry meant to post on Shawbrook but still be interested in views.
hazl
01/3/2017
14:09
I do not hold shares here but am about to switch banks. Any of you informed people any comments about which would be best as a CUSTOMER here or Clydesdale? The latter have some charges and some free accounts.
hazl
27/1/2017
16:34
Recent drop with no obvious reason for it, so I've topped up.
deadly
14/1/2017
08:28
They are a very solid bank. Interesting comments on unsecured lending. Definitely the challenger bank to back in my view along with Arbuthnot. May be dull, but you won't have a permanent loss of capital risk.
topvest
13/1/2017
16:56
"The combined effects of the performance of the continuing operations in and the one off profit arising from the sale of Everyday Loans means that 2016 is expected to be the tenth successive year when the return on required equity is in the region of 30%" Undervalued, but 2017 looks promising for STB.
deadly
25/7/2016
09:03
Wait a minute, EDL sold... Is not that they made their profits. Where are going to make their money from now?
retsius
21/7/2016
09:49
Looking at the interim figures out earlier this month. Interim underlying profit pre-tax was £17.4M up 54% giving earnings of 78.5P. With further progress expected in H2 the full year could reach £40M profit which would work through to about 180P of earnings. The shares were around £30 not long ago , which might have been on the high side , but at 2070P currently 11.5 times profits , they certainly still look good value. At 15 times earnings we would be looking at 2700P as a possibe target DYOR - just my rough calculations
ganthorpe
19/7/2016
12:00
They do not believe that they can offer an account that is value for money given that they charge £12.50 a month. Ouch! I have to say, I think I would prefer to rely on a "mainstream bank".
pvb
19/7/2016
11:36
Hope the share price will go back up to £24 - pre-Brexit level.
shwetal
Chat Pages: 3  2  1
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