St. James's Place Share Discussion Threads

[growthpotential] 11/8/2020 12:17

Nice move up

[dexdringle] 30/7/2020 11:19

Had been moving in an upward track for a few weeks but seems to be testing that on the downside now. Expect sub £9 during August then maybe drift back further to £8.50 after that..... EDIT 11/08/2020 Well, I got that wrong ! They are now £10.25 !!

[growthpotential] 30/7/2020 11:08

Yeh I missed that while I was enjoying my life lol. But also today's move looks over done

[dexdringle] 28/7/2020 14:06

Well, that 15 minute 80p drop in the share price at 10:30 was a nice buying opportunity for some people ! What the hell was that all about ?

[growthpotential] 28/7/2020 12:36

Decent results

[growthpotential] 28/7/2020 12:34

Kay Passa (?)

[growthpotential] 24/7/2020 23:28

You an investor or trader? Learn what moves markets when

[growthpotential] 16/6/2020 10:19

did he que passa the hell outta here

[dexdringle] 03/6/2020 18:49

QP why all the post deletions ?

[dexdringle] 03/6/2020 17:36

Sold my entire holding today. Feels a bit toppy back at nearly £10 so feel a downward movement more likely than an upward one from here.... Still holding AFH but will sell those too if they get anywhere near £4 again. Market feels like it's getting ahead of itself and will be due another downward leg soon...

[dexdringle] 02/5/2020 13:41

I absolutely agree with QP. The wording is an ambiguous shambles. Whether they intended to or not they are borderline treating the shareholders (owners) with contempt.

[senku] 02/5/2020 04:39

How do you interpret this sentence in the press release? "In addition, the Board confirms that it will be making one dividend decision relating to the 2020 financial year and this will be made in February 2021 at the time of our full-year results." Does it mean no interim dividend this year?

[dexdringle] 01/5/2020 15:30

Hmmm. Will also be interesting to see if AFH pull their proposed 5p dividend announced in January and payable soon (XD date to be 11th June and payment date 3rd July). I'm betting they won't....(which probably means they will)

[dexdringle] 01/5/2020 14:21

Blimey. I genuinely didn't realise others had done the same. Traditional rules clearly no longer apply. What I still don't understand is why SJP didn't simply reduce the dividend to 20p from 32p. But instead they re-set the XD date to do the whole thing afresh. Surely that is a weird way to handle an already weird situation ?

[chris79] 01/5/2020 12:47

Barclays and land securities both did it last month

[dexdringle] 01/5/2020 11:47

We still have the issue that cancelling a dividend AFTER the share has gone XD has the effect of retrospectively creating a false market at the XD date. These other companies who have cancelled have done so BEFORE XD date. That is a different thing all together. The fact remains that the price reduced on 17th by 33p to reflect the dividend money leaving the business. Which is normal and exactly that happened (check ADVFN chart for that day). Those buying on that day or after wouldn't qualify for the dividend. And anyone selling on that day or after would still receive the dividend. Therefore anyone who sold after that date has physically lost 33p a share. I can see SJP having to reimburse those people. As far as I know, what SJP have done is unprecedented - unless someone can point me to a previous dividend cancelled AFTER XD case ?

[chris79] 01/5/2020 11:41

Sadly we live in a world where the media and politicians believe all shares are owned by billionaires off shore and so giving up dividends is good. They ignore the reality that they are owned directly or indirectly by ordinary people and their income is being crushed which knocks on the economy instantly and in the medium term by lessening the invectives to invest.

[tim 3] 01/5/2020 09:31

Sainsburys did a similar thing yesterday seems a "popular" thing to do at present even when companies can afford it.

[chris79] 01/5/2020 09:20

Even after ex and record they are still not obliged to pay it. A few skipped them in the financial crash but then companies were really saying 'we are now up the creek and need that money' whereas now companies are doing it to 'prudently save cash'. Not right in my view

[dassera] 01/5/2020 09:18

The original dividend never happened... EPIC Share Price Div Type Dec Date Ex-Div Date Payment Date STJ 851.4p 20p Interim 2 30-Apr-20 07-May-20 27-May-20