St. James's Place Share Discussion Threads

[growthpotential] 14/10/2019 18:44

started a nice position below 1000

[dexdringle] 09/10/2019 15:42

Investorschampion - filtered for posting a link to own website for which registration and / or payment are required. Idiot.

[quepassa] 17/9/2019 08:36

WATCH OUT BELOW.

Sunday Times article referred to in today's FT, page 28.

But much more worrying perhaps is that declared short positions in St. James Place have risen from zero at the beginning of the year to a notable 3.59% now.

CAVEAT.

The high fee model is busted in my view.

good luck all.

ALL IMO. DYOR.
QP

[dexdringle] 16/9/2019 08:29

Which rules ?

[pugugly] 15/9/2019 20:12

Yet more exposures by the sunday Times - Has not had much impact so far on the share price but if the regulators start digging could there be potential for changes in the rules?

[dexdringle] 08/9/2019 15:55

"Sunday Times in St.James's Place criticism shocker...."

Bloody hell, they are like a broken record. Don't tell me, the piece was written by Ali Hussain ?

[papillon] 08/9/2019 13:51

"The Sunday Times has a major expose on St James Place (SJP) based on testimony of an ex employee."

[dexdringle] 13/8/2019 14:33

Double bottom. Next stop £10....?

[quepassa] 13/8/2019 08:29

Personally, I think this is headed for 800p or lower in the near-term.

Shorts significantly increasing again. Now at 2.61%. (31/7 @ 1.98%).

ALL IMO. DYOR.
QP

[quepassa] 02/8/2019 11:54

The high fee model is busted.

[dexdringle] 02/8/2019 11:12

Yes, its amazing.

Same with eating out. A meal at a Michelin starred restaurant costs more than if you do a barbecue at home - and yet they are identical.

Someone needs to think of the children (and the kittens)......

[quepassa] 31/7/2019 09:11

Shorts have rapidly increased again from 2.6% to c 3.1%

[quepassa] 31/7/2019 08:02

Going south fast.

Poor results with massive drop in profits

[quepassa] 29/7/2019 08:45

Disclosed short positions on St. James Place are now rocketing.

Now at 2.61% short compared to zero at the beginning of the year.


share price already showing weakness and in my view this distinct weakness will continue.

ALL IMO. DYOR.
QP

[its the oxman] 15/5/2019 22:59

Should be over 1200p really.

[pj fozzie] 24/1/2019 10:01

Nice to see the shares responding to today's update. Hopefully a return to an upward trajectory.

Cheers,
PJ

[fenners66] 01/11/2018 09:45

Interesting discussion guys.

One thing that stands out from that for me - is the 3% fee paid to an advisor for the transfer of funds from the final salary.

So on your £400k we are talking £12k and for what ?
Arranging to meet , discussing for a few hours and doing some paperwork.

How much different is that to say a bribe ? Just buying business.

If there was a fixed fee - across the board for all advisers and all funds would we have a more open playing field.

I know it will not change - like football agents fees it is outrageous....

[pj fozzie] 31/10/2018 15:19

Thanks, Dexdringle, for taking the time to respond.

I think we both agree in the value of SJP as share holders, but I'm afraid I still would not go the SJP route myself as an investor.

The ongoing charge of 1.75% to 2% might feel good value to you - but for me, it's way too high. I will retire at 55. My only source of income will be my investments. There's a lot of discussion on various blogs/discussion boards/etc as to what a Safe Withdrawal Rate is, for someone who relies on their investments for income. Take too much and you run out of money before you die.

The general consensus is around 4% - therefore if I want an annual income of £25000, then I need to save about £625000.

Paying 1.75% to 2% of my stash each year to SJP means that I'd need over a million saved for the same income.

And, in addition to the SJP fees, you'll still be paying the underlying fund fees to the providers of those underlying funds. I'd be interested to know what funds your SJP adviser has actually used for your pension.

Alternatively, you could have put the entire £400K into a Vanguard World Cap Index Tracker (Which will provide a better return than the majority of managed funds) - much cheaper with an OCF of 0.24%

I hope your SJP advisers are working hard for their slice of your pie :-)

Cheers,
PJ

[pj fozzie] 26/10/2018 00:25

Thanks dexdringle - I look forward to your summary.

Cheers,
PJ