St. James's Place Share Discussion Threads

[its the oxman] 07/8/2014 00:06

Are three no other holders off this out there? Top up time at these levels surely.

[its the oxman] 30/7/2014 10:28

Any views. I see Panmure have set a price target of 977p

[luckymouse] 16/6/2014 10:58

Question
Guys (n Gals)
The feb finals looked great - as do the consensus share price forecasts (889)
But apart from Revenue the forecast growth numbers for this year look horrible(Last/Current):
PEG: 0.3 -2.6
REV: -7.40% 1453.40%
PBT: 83.20% -49.30%
EPS: 74.00% -9.40%

Grateful if you can explain the disparity

Cheers LM

[miata] 24/4/2014 07:29

Date Company Name EPIC Broker Recommendation Current Price Price when issued Old target price New target price Notes

24 Apr 2014 St James's Place PLC STJ Goldman Sachs Conviction Buy 779.50 779.50 840.00 920.00 Upgrades


Forecast
Year End Revenue£m Pre-tax£m EPS P/E PEG EPSGrth Div Yield
31-Dec-14 1,005.28 236.77 34.58p 22.5 n/a -8% 20.82p 2.7%

[its the oxman] 16/4/2014 12:39

Bought in here c.735p and so far so good. Hope for a rapid return above 800p if markets pick up.

[broadwood] 24/3/2014 09:14

STJ joins the FTSE 100 today.

[broadwood] 20/3/2014 08:23

New ball game!!

[broadwood] 19/3/2014 16:02

Market loves the opportunities now the ISA/Pension game has changed.

[broadwood] 06/3/2014 16:05

Flying now they are released from Lloyds shackles.

[broadwood] 04/3/2014 06:52

Big increase in TP.

Deutsche Bank St James's Place PLC 04/03/2014
Retains
Buy Buy 0 810.00 970.00 861.50 160 2

[broadwood] 28/2/2014 08:26

Still benefitting. Highly valued now though.

[broadwood] 26/2/2014 08:20

TP increased

JP Morgan Cazenove St James's Place PLC 26/02/2014
Retains
Overweight Overweight 0 811.00 868.00 835.00 57 2

[broadwood] 25/2/2014 15:22

Wealth management group St James's Place said it was close to finalising the purchase of an Asian financial advisor business as it reported a 42 per cent increase in profits before shareholder tax of 190.7m pounds for 2013.

Operating profits on an European Embedded Value (EEV) basis were £462.7m, an increase of 26% in St James's first year as an independent FTSE company after Lloyds Banking Group sold its 57% holding.

Shareholders will receive a 50% increase in the full-year dividend to 15.96p reflecting the higher underlying cash result of £139.9m, up 67%. The company also forecast a 30-40% dividend rise in 2014.

New single investments of £7.2bn were 22% higher than 2012, with St James's clients investing across life, pension and unit trust / ISA investment tax wrappers. Funds under management increased 27% to £44.3bn.

St James's said it expected to seal its purchase of the "well-respected" Asian business, which provides financial advice to British expatriates in Singapore, Hong Kong and Shanghai, in the first few months of this year.

Looking forward, Chief Executive David Bellamy said UK economic policy, along with long-term low interest rates "appears to be finally bearing fruit, with signs that the economy is improving".

"The key indicators on growth and employment are looking more positive now than at any time in the last five years," he said.

"Over the last 12 months, the slowly improving economic backdrop and the continued low interest rates have been key to the growth in investment markets in the UK, US and Europe, albeit at the expense of savers in traditional bank and building society accounts."

"Leading on from these profit results, we continue to see a growing cash result, a trend that is expected to continue with the increasing maturity of funds under management," Bellamy said.

[woodpeckers] 25/2/2014 07:33

Great results. Nothing not to smile about there! :-)

[broadwood] 24/2/2014 16:21

Results tomorrow.

[immokalee] 24/2/2014 15:30

tightfist ... Yes.

[tightfist] 21/2/2014 10:10

Is STJ a contender for the FTSE 100 in April?

[broadwood] 28/1/2014 16:37

Another good day.

[steeplejack] 23/1/2014 16:11

Today with the price sliding,you can argue that the news was discounted!Tomorrow,no.Look at the performance that Hargreaves L. has recently enjoyed.

[chatterbox] 23/1/2014 09:33

This has been a good performer, but do you think the good update has already been seen in the uplift

[broadwood] 23/1/2014 07:21

Yep, continuing strong performance.

[steeplejack] 23/1/2014 07:17

That update will keep the pot boiling.Excellent

[jjpricep] 17/1/2014 12:06

Over invested...