St. James's Place Share Discussion Threads

[jakleeds] 05/6/2024 19:30

The lights will go off. It’s just taking longer than expected.

One of their so called ‘partner practices’ has been exposed several times in the national press for scamming clients, forging signatures, exploiting vulnerable old ladies , and the practice owner is not even in jail. Still trading in fact. Living the life of a premiership footballer. Blessed and protected by the invincible St James’s Place. Wow.

God bless St James’s place .

[dexdringle] 05/6/2024 18:41

SJP have £180bn+ under management. This figure has consistently increased over the years. Even recently with greater withdrawals and all the bad publicity. Helped of course by equity values increasing.

If they can't make a decent turn (£500m+ net distributable profit) for shareholders off £180bn then they may as well switch off the lights and call it a day.

[markgordon1] 05/6/2024 18:36

Yes withdrawals which equals lower annual fees. I suspect this will not be great for A J Bell either.

[the millipede] 05/6/2024 18:04

“Next the Labour Party have a plan to include personal pensions above a certain value in estates for the purpose of inheritance tax.“

This will generate more work for financial advisers.

[dexdringle] 05/6/2024 11:44

Strong performance so far today. Perhaps they should try to get themselves ejected from the FTSE 100 more often 🤣

[dexdringle] 04/6/2024 22:48

C'mon jak. You know you're dying to buy some. Just do it. You know it makes sense 🤣

[dexdringle] 04/6/2024 19:25

Well it must be a very dead cat as it hasn't bounced much. It has only regained 1/8th of its drop.

[markgordon1] 04/6/2024 18:47

Dead cat bounce with shorts being covered.I expect further disappointment Next the Labour Party have a plan to include personal pensions above a certain value in estates for the purpose of inheritance tax.

[dexdringle] 03/6/2024 09:54

It is going to find a natural level of between £7 and £8. Which balances both the recent bad news and the prospects / takeover potential.

£12 wasn't right. £4 wasn't right. £8 might just be the Goldilocks value....

[fillipe] 03/6/2024 08:31

STJ, rather perky today.

f

[dexdringle] 29/5/2024 15:23

We passed it six weeks ago.

[tim 3] 29/5/2024 15:13

Problem with that is knowing when that point is.A stock can remain in/out of favour for much longer than people expect.In my experience it's better to wait for clear evidence of a recovery and miss some of the rise than trying to buy near the bottom.Trends often go on for years.IMO.

[dexdringle] 29/5/2024 13:44

Nahhh. The time to strike is when the business is at its weakest. By the time the recovery starts it'll be too late...

[jakleeds] 29/5/2024 13:39

Getting booted out of the FTSE100 next week.

Way too much uncertainty here for anyone to consider a takeover…

[dexdringle] 28/5/2024 17:27

C'mon. C'mon. Where is the takeover bid...

[dexdringle] 23/5/2024 15:37

Thanks for that 🤣

[denbos] 23/5/2024 15:29

Hargreaves is more known than SJP. Advertising gets custom and sells stock.
Well advertised does not make a better investment or correct price.

[dexdringle] 23/5/2024 09:15

So Hargreaves Lansdown is making £300m
per year and is worth £5bn. While SJP is making (normally) £500m but is worth only £2.5bn. Righty ho.

In 2021, Hargreaves Lansdown had a market cap of £7bn and SJP was, at the same time, around £8bn.

This is whole sector is valuation whack-a-mole.

[dexdringle] 22/5/2024 12:56

hxxps://www.ftadviser.com/your-industry/2024/05/22/half-of-ifas-looking-to-sell-in-next-two-years/

It won't be long before the big beasts of the advice world are the only ones left. And SJP are the biggest beast of all.

[dexdringle] 22/5/2024 12:54

They will recover. In 12 months time we will regret not having bought at these levels.

[growthpotential] 22/5/2024 11:52

Need these to recover, if they have lower fees that could be a boost to volumes and more clients

[jakleeds] 21/5/2024 08:07

Blackrock working their magic here.

These will be all over the news again in a few weeks when they are finally kicked out of the FTSE 100.

I suspect the geniuses at Blackrock will start to sell their holding !!

[dexdringle] 15/5/2024 17:17

If BlackRock lost money previously maybe they are looking to make it back now....