St. James's Place Share Discussion Threads

[pugugly] 13/10/2023 11:04

Why use a fund manager - They very very very really beat the market - So far cheaper to buy a broad market tracking ETF.

[jubberjim] 13/10/2023 11:04

Just picked up a few 685

I hope you re right

Good luck

[action] 13/10/2023 10:52

Is this going to be takeover target now? Any views?

[tim 3] 13/10/2023 10:43

Risky buying a share thats falling like this as its basically revaluing itself.

Wish you well though.

[action] 13/10/2023 10:37

Hl down 58.42% in 5 years . Value 3.51 bn divi 5.61%, pe 11.27.St James down 22.55% in 5 years. Value 3.79 bn divi 7.64%, pe 10.97.So agree hl may be better bet with divi to come next month of 28.80p.DYOR .

[mortal1ty] 13/10/2023 10:26

Well Hargreaves has £140bn and is worth £3.5bn, without the headache of accounting issues, fee changes, balance sheet headaches. So, I'm, going to say St James is worth about £2.5bn.

[dexdringle] 13/10/2023 10:20

£17 to £7 in 22 months.

What exactly is £150bn of funds under management worth ?

Market cap is down from a high of over £9bn to under £4bn. Where nothing tangible has yet happened to profitability...

[action] 13/10/2023 10:14

Bhgt some. I hope it holds the low.

[porsche1945] 13/10/2023 10:03

All these U.K. asset managers have been found out, HL shares have been cut in half and then cut in half again, and most of the others, SJP fees always a total ripoff for crxp performance, U.K. markets have suffered outflows every year since 2016 coupled with a terrible performance from the U.K. indexes over 20 years, gravity has caught up….just stick to Vanguard. Collapse in bond values ( 50pc over 3 years ) must be whacking the industry too.

[cromw3ll] 13/10/2023 09:44

They can get away with fees when markets are booming, but not in a stagnating one.

[tim 3] 13/10/2023 09:25

Thats a pretty weak RNS no wonder they are in free fall.



HK

You hit the nail on the head sky high charges for poor performing products.

[action] 13/10/2023 09:21

Pump it and dump it cycle is nearly coming to end.

[blueball] 13/10/2023 09:20

Unlucky Friday.

[action] 13/10/2023 09:17

789p new low. I thought 700p was bottom.

[harrykewell] 13/10/2023 09:14

It's about time that SJP played by the same rules as the rest of the UK financial advice industry. They are being allowed to use pre-RDR charging, which is beyond belief. High charges & poor performance, why would anyone choose to invest with SJP?

[pander45] 13/10/2023 08:34

700 incoming

[action] 13/10/2023 08:24

Are we going 700p now or 800p plus..

[action] 13/10/2023 08:09

News out . New low.

[action] 07/10/2023 09:58

897, 907, 858p , 850.40p , 884.80, 849.20, 865.80, 832p, 807p weekly closed. Seen 786p low in week with quick rebound above 800p.