Share Name Share Symbol Market Type Share ISIN Share Description
Shore Capital Group Limited LSE:SGR London Ordinary Share GG00BGCZJ741 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 222.50 145.00 300.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 43.3 4.1 12.6 17.7 49

Shore Capital Share Discussion Threads

Showing 251 to 271 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
Thanks. 135p is all you get. It’s a cleverly orchestrated deal by Howard Shore and friends to take control whilst giving other related parties the chance to double their money at our expense. This is a very well funded company and there is just no basis for acting so despicably. They know what they are doing and they know it’s only in the best interests of connected parties, and not the many other shareholders who have been left high and dry. It’s too much trouble to have a small unlisted holding in an offshore company with little protection. As I say, in my view, they should be ashamed of themselves as they are clearly forever now soiled with their greed. They could have completed a tender offer, but why pay a fair price when you can take advantage of small shareholders legally but unethically!
topvest No-one could blame you for feeling sore. Distasteful as it is to see a manager's wife avail herself of the opportunity to buy shares cheaply in these circumstances, I suppose that sellers would have had to take an even lower price if no buyers came forward. I think that it would have been in the directors' own long-term interest to behave better. Looking at a ten year chart for SGR I see that the share price last went as low as 140p in 2012 and that it has generally stood at well above 200p and indeed at over 400p for several months. 140p is a rotten price for sellers and I offer my sympathy and commiseration. I hope you will be lucky with your re-investment of the proceeds of your sale and recover your losses.
I've reluctantly sold my few to the greedy directors. I trust that they are truly ashamed of themselves for this little stunt. Remember their names and avoid ever doing business with them again. Simon Thompson must be deluded. "You can't do a good deal with a bad person". Ethics = 0/10.
Simon Thompson of the Inv. Chron. maintains his good opinion of SGR in spite of the imminent departure from AIM. For the moment the supply at 139p seems to have dried up.
topvest I agree with you. The proper course of action would have been for the directors to organise a tender offer for minority shareholders at a price in the range 200-270p where the shares have traded for almost all of the last 24 months. On the other hand, the reasons given for taking the shares off AIM are plausible; the company can see no need to raise money and the AIM fees can be saved. Other companies have been quitting AIM recently for similar reasons. I was misguided enough to have quite a large holding in Stilo International and have had to decide whether to keep these or take my 75% loss to set against gains elsewhere. With some reluctance I took my loss. Buying a share that is about to lose its quotation seems foolhardy but I see 140p as an attractive price all the same. I do sympathise with shareholders who feel that they need to sell now.
will it be possible to "buy" SGR into an ISA after the AIM delisting or just hold existing or sell
Sadly I would expect nothing less. Shore advised/acted for two companies where I was blatantly legged over as a shareholder as the directors of those companies cleverly took them off the market at a very low price IMHO
Having felt very tempted to invest at over 200p,I am naturally thankful that I did not but am unable to resist the temptation at about 140p and am buying a few even though they may prove hard to sell once we have lost our AIM quotation. The PUMA VCTs seem to have been very successful and SGR now has (I believe)about £1,000 million of funds under management. Further the wireless licenses in Germany look valuable. With any investment the small shareholder is always to some extent at the mercy of the directors and I have no reason to suppose that Mr Shore and his colleagues are any worse than many others !
They are certainly not making themselves popular with this fleecing of holders who are forced to sell. They should have held a tender offer, but they decided to be greedy! It won’t do their asset management side any good as investors and customers will desert them if there is a lack of trust. I’m offering my shares at 150p but not any lower. Management have been buying above £2 so will be hoovering up shares. Oddly the price may improve a bit as the panic selling abates.
Valuation certainly seems to be bonkers down here, so bought a pitiful few. Bermuda listing looks OK for ISA? hTtps://
To be honest with you I think that they will probably carry on with dividends as management own quite a few. I'm holding on for now. Certainly not worth selling at less than 50% of asset value as its a valuable company, with encouraging prospects. If I remember correctly they took another small AIM vehicle private, but I think they returned value. Will take a fresh look. At the end of the day, management here are trustworthy, I think! Howard Shore will have to treat management shareholders honourably and so minorities should be dealt with in the same way. My rule of thumb is to value private holdings at 50%-75% of net asset value reflecting the discount on them being private. I feel like selling at anything below 150p is ridiculous and just not worth it.
And if they decide to stop paying a dividend? I'm out
I'm not very happy with today's announcement. To be honest, there is no point selling at the price now being offered. Management are no doubt buying up some more shares. Possibly better to hold as a private company for the 10p+ dividend per annum and an eventual capital return when they feel like tidying up the share register.
Dairy Crest bid will be lucrative work for Shore Capital. A nice deal for early 2019.
A rather impressive corporate broker appointment. Surprised the share price hasn't jumped.
Maybe Shore Capital can explain their report on BATM Adv Comms. The figures Shore quote don't add up and imply that BATM will increase revenue by just under 3% for 2018 to $110M BATM reported revenue of $107M in 2017 Shore have upgraded their expectation for BATM from an 18.5% growth in revenue in 2017 to a less than 3% growth in 2018. Thats some upgrade. Shore please explain you don't answer e mails ...... Heres Shore report. Its in the public domain. Strong finish to 2017 bodes well for current trading “The importance of this update, in our view, is what it implies for the trading performance going into the current year, in particular higher revenues from recent published contract success across the group with positive operating leverage beginning to come through,” said Shore Capital, the company’s house broker. The broker has upgraded its expectations for 2018 accordingly, noting that “investors will welcome this significant trading improvement after the last few years of strategic development from BATM”. It has bumped up its revenue forecast by 9% to US$110mln while its underlying earnings (EBTIDA) estimate has been increased from US$2.8mln to US$3.9mln – an increase of 39%. Adjusted earnings per share are now forecast to be 0.25 cents versus 0.07 cents previously. “With BATM’s intellectual property set configured to tackle real world challenges in its specialist markets, we believe that the scope for further revenue and profit improvement is significant,” the broker said.
Interim results look pretty good to me. Share price showing as 165p on Stockopedia. Must be some sort of gremlin as price unchanged here and on LSE. Gave me a scare!
Well I've bought a few. Think their business model is not very well understood. They have a profitable market making business, a profitable and growing asset management business and a break even investment banking business along with a volatile principal investment arm. The very substantial recent fundraise (on a mining company) will mean the outcome for the year should be OK. Below net asset value is a bargain in my view and the results are much less volatile than on a Cenkos or Panmure Gordon as this is fundamentally a different kind of business.
Share buyback of almost 10percent. What is going on?
Shore Capital btw..another small fin. house ..I would not own 1 share even I was paid to ! the part they played in the OCH scandal and Invu and probably others ....too much imo small London finance houses, worst than second hand car salesmen imo....but perhaps not as bad as large London finance houses ! (Libor scandal etc) "DAN lr4850 30 Dec'13 - 12:20 - 6481 of 6485 0 0 Shea getting ready to fleece personal investors with MBO and shaft us totally - just like Evolve Capital did."
Share reorganisation from 10 to 1
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
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