Share Name Share Symbol Market Type Share ISIN Share Description
St. James's Place Plc LSE:STJ London Ordinary Share GB0007669376 ORD 15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1,004.50p 1,007.00p 1,008.00p 1,013.50p 996.20p 1,002.00p 1,945,862 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 0.0 -84.6 33.0 30.4 5,355

St. James's Place Share Discussion Threads

Showing 276 to 300 of 475 messages
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
DateSubjectAuthorDiscuss
26/1/2011
23:35
Must be tempting for Lloyds with share price breaking out towards 3 year high. RM
rampmeister
25/1/2011
15:03
27bn under management. Many partners well advanced on 2012 deadline diploma qualification. Partner numbers up. 12 broker recommendations currently all BUY. Lloyds must cash in? Like GB with the gold reserves..
jamesgkenny
13/1/2011
16:12
Old joel, great find. Biggest problem, lloyds overhang. F T online today, lloyds mulling selling all or half of stake!!! Could be great news.
stoaty1
12/1/2011
22:48
Keep an eye on this one tipped tonight over the road, featured it here before.... STARlight: St James's Place Wed, 12/01/2011 - 00:00 | John Mulligan Recent price: 279p | Actual PER: 34.0 | Ind Div Yield: 1.8% Business background This week, the STAR filters have thrown up the wealth management group St James's Place (STJ) as appearing attractive in terms of medium-term earnings growth combined with a low valuation. I have to say that the appearance of an insurance-based share creates problems from the viewpoint of analysis, as insurance companies manage to get away with producing extremely opaque results that make it very difficult for outsiders to get behind the headline figures. The difficulty is that none of the listed insurance companies provide any readily usable data on turnover, the geographical split of their businesses or any detailed breakdown of their investments and borrowings. As the performance and allocation of their investment portfolios is a key aspect of their business model, this absence of information impedes a full assessment of business potential although some enterprise value information can usually be estimated. St James's Place is a provider of insurance products, financial services and general wealth management services that are focused on higher net worth clients. The group was set up some 20 years ago as the J Rothschild Assurance Group by Mark Weinberg, Lord Rothschild and his colleague from Hambro Life, Mike Wilson. In the early days of the company, Weinberg and Wilson recruited top selling financial advisers from their old company and from elsewhere within the UK financial services field. The selected sales people, preferably known as advisers within the group, formed the key St James's customer management partnership team. In 1997, within some six years of establishment, the group, which was then known as St James's Place Capital, floated on the LSE main market. In 2000, HBOS took a share stake of approximately 60% in the group and this interest has been retained by Lloyds Banking Group (LLOY). Annual results for 2009 The company's financial year is the same as the calendar year, so the last full-year results relate to 2009. It is impressive that, in a difficult year, St James' Place managed to raise total funds under management by just over 30%, from £16.3 billion to £21.4 billion and to increase the net inflow of funds by some 35% from £1.7 billion in 2008 to £2.3 billion in 2009. It seems that financial problems at the global and national level combined with increasing market volatility increased the number of clients seeking to shelter under St James's wealth management umbrella. Growth in new business was also aided by the rise of some 9% in the number of St James's partners advising clients. However, despite these encouraging business statistics pre-tax profits for the full year actually fell by almost 40% and earnings per share dropped by a trifle more. Recent results The most recent results from St James's Place relate to those for the third quarter, released on 2 November 2010. The company's statement on that date indicated that the third quarter reflected another excellent trading period for the group with the combination of the global recovery in markets added to new business raising the total value of funds under management to £24.8 billion. This represented an increase of approximately 10% in the three month period. The company also reported the value of single investments in the period amounted to some £1.1 billion, an increase of 32% over the previous year although the growth in single premium pensions was slightly less at 27% in the period. As at 30 September 2010, the European Embedded Value (EEV) of the group was approximately 320p per share against a share price at that time of 273p. Outlook for 2011 and beyond The sustained recovery in equity markets in conjunction with a significant level of global economic and financial uncertainty provides a perfect environment for a wealth management group such as St James's Place. The group's ability to retain around 95% of their existing clients combined with the growth in sales and advisory staff operating in an environment of equity market recovery suggests that St James' Place will in all probability continue to grow profits and EV over the next year or two. It seems likely that the EV for the year just ended will nearer 330p than 320p when the next preliminary announcement is made on 24 February. The current relatively low market rating of the group does seem to undervalue the potential given the group's impressive record at building and retaining investment business. Pros and cons It is obvious that St James's Place has built up a quality wealth management business over the past couple of decades. However, the stockmarket is not enamoured with insurance based businesses as can be seen by reference to the ratings for the larger groups such as Aviva (AV.), Prudential (PRU) and Standard Life (SL.). One other aspect is the probability that Lloyds Banking Group will, in due course, be required to sell its 60% stake in the company. To a certain extent, this possibility may have acted as a brake on the St James's Place share price although, on the other hand, the announcement of a decision to sell this large holding would focus attention on the underlying value of the business.
old joe1
12/1/2011
15:59
RTT 05/01/11 07:37 St James's Place PLC (STJ) St James's Place started with buy rating at UBS, target price 334p
mechanical trader
06/1/2011
09:20
It has had another upgrade today, JPM, again at 334!
stoaty1
05/1/2011
12:36
http://www.my-share.co.uk/Broker-notes-January-2011/ Broker note out-upgrade
nellie1973
03/12/2010
14:16
old joel Nice timing...nice timing by the director to buy at 2.44 :)
brain smiley
23/11/2010
09:15
http://www.edisoninvestmentresearch.co.uk/researchreports/stjames181110qv.pdf I don't see how they can maintain this growth ... is it all on commission charges??? Lloyds inherited 60% stake from HBOS so has a vested interest in promoting STJ Could all end in tears, or am I missing something?
peterbill
18/11/2010
15:46
Might be worth a dabble on STJ (st james). Notice how it trades between 245p/250p and a top of 290p. Done this 4 times previously. Set up for a spread bet ot a cfd here looking for 40 points or so.
old joe1
18/11/2010
12:40
New note - http://www.stockopedia.co.uk/research/st-jamess-place-lonstj-undervalued-growth-50594/
rockafella2
14/9/2010
11:45
Moving up nicely again in a down market. Shows excelent relative strength.
trendfloor
13/9/2010
12:51
St. James's Place Dividend Declaration Dividend Declaration St. James's Place St. James's Place plc ("SJP plc") Scrip Dividend : Interim Dividend SJP plc announces that pursuant to the scrip dividend mandate scheme that was renewed at the Annual General Meeting held on 13 May 2010, the scrip dividend alternative in respect of the interim dividend for the year ending 31 December 2010 was accepted in respect of 6,385,231 shares, representing approximately 1.32% of SJP plc's issued share capital on the interim dividend record date of 6 August 2010. Application will shortly be made to the UK Listing Authority and the London Stock Exchange for 46,436 additional ordinary shares of 15p each to be admitted to the Official List and to trading. It is expected that such listing will become effective and that dealings in the additional shares will commence on 15 September 2010. The above shares will rank pari passu in all respects with the existing issued ordinary shares in SJP plc.
trendfloor
13/9/2010
12:50
Moving up nicely now.
trendfloor
13/9/2010
10:59
Should be 5th time in a row. Just lob a spread bet for say a grand on, and just wait. dyor
trendfloor
13/9/2010
10:58
Anyone for 290p again, nice spread bet set up here.....
trendfloor
13/9/2010
10:50
Lovely set of Broker figures here. Just look at the Buys. Forward P/E of just 5.8 to 2011...... derd cheap. St James's Place PLC FORECASTS WIRES 2010 2011 Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Oriel Securities 10-09-10 ADD Panmure Gordon [D] 10-09-10 BUY 73.20 47.10 4.95 86.50 51.30 5.32 Shore Capital [D] 03-09-10 BUY 80.50 13.30 4.60 89.40 14.50 4.70 Numis Securities Ltd [D] 03-09-10 BUY 317.30 17.00 5.70 357.80 20.60 6.60 Execution Noble 12-07-10 BUY 222.00 34.00 5.00 294.00 45.00 6.00 FinnCap [D] 05-03-10 BUY 290.00 4.60 2010 2011 Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Consensus 222.00 34.00 5.00 294.00 45.00 6.00 1 Month Change 0.00 0.00 0.00 0.00 0.00 0.00 3 Month Change -45.06 10.28 0.31 -8.37 18.15 0.21 Notes to forecasts D flag: Indicates forecasts calculated on an IFRS basis rather than EEV GROWTH 2009 (A) 2010 (E) 2011 (E) Norm. EPS -41.84% 314.63% 32.35% DPS 0.00% 13.90% 20.00% INVESTMENT RATIOS 2009 (A) 2010 (E) 2011 (E) Dividend Yield 1.66% 1.89% 2.26% Dividend Cover 1.87x 6.80x 7.50x PER 32.33x 7.80x 5.89x PEG -0.77f 0.02f 0.18f Net Asset Value PS -32.51p
trendfloor
23/6/2010
20:57
i have just been to their seminar today good presentation but take with a pinch
stewart83
23/6/2010
20:15
mryesyes your a bit off the mark here,they look after me very well their guy is mid thirties and his advise last year pulled me a 28% return on my pension. i can only say good things about them. I hold their stock
scemer
11/5/2010
01:10
This makes its money by selling investment plans with very low returns to rich old people, it claims to only charge them 1.5% but actually makes its money by keeping most of the returns it actually makes. The hook for the rich upper middle class punters is that a salesman who is old than Bruce Forsyth, and thinks he has the right touch, but is actually very corny, throws in IHT planning, tax avoidance not evasion. Sounds like a scam waiting to be identified as such. Would not be surprised if LLOY unloads its 60% to the sharks at these prices in an MBO
mryesyes
05/5/2010
16:33
Class Legal action for miselling by John T. Cross. LTSB agrees to reduce holding to minority, or has done so
mryesyes
21/4/2010
10:06
Panmure Gordon has a buy and 345p target for STJ.
etome
21/4/2010
08:45
Seemed pretty decent to me so I decided to take a modest stake first thing. Good luck to all holders.
cwa1
21/4/2010
08:44
Results:- http://moneyextra.uk-wire.com/cgi-bin/articles/201004210700094952K.html New Business · Total new single investments of £1,115 million (2009: £711 million) up 57% · Combined unit trust and ISA investments of £295.6 million (2009: £160.7 million) up 84%, with ISA business up 102% · Total new business on an Annual Premium Equivalent (APE) basis of £133.3 million (2009: £93.8 million) up 42% Funds under Management · Funds under management of £23.3 billion, up 9% for the year to date and 52% over the twelve months · Net inflow of funds under management of £700 million David Bellamy, Chief Executive, commented: "We're naturally delighted with these new business results. Against an improving market backdrop, we've delivered a very strong all round performance that is a credit to the Partnership and our entire community. It also further demonstrates the effectiveness of our business and the quality of our investment proposition for clients. We have a great business that is in excellent shape and we remain optimistic about the future."
cwa1
08/4/2010
06:20
No particular reasons really.
etome
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
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