Stm Share Discussion Threads

[lundun42] 13/8/2020 15:13

Shame it's not exactly transformational for STM though which is what we need to see to really get the share price motoring. Odd that one of the companies mentioned - EBC - was only incorporated earlier this year so, as a ltd co at least, not "in existence for decades" per the announcement!

[value hound] 13/8/2020 13:50

Looks to be a complementary acquisition at a reasonable price - or am I suffering from a little confirmation bias?

[smithie6] 10/8/2020 13:05

pah. up 5% :-(

whereas it was up 10% on Friday.


;-)

[smithie6] 10/8/2020 12:31

increased my holding at 20p

those ones are up 50%, in ~6 months !!

20p was nuts. wished I'd bt a lot more. ah well.

[lundun42] 10/8/2020 10:51

Just read the RNS trading update from last week. STM didn't mention that they had a financial penalty imposed as part of their agreement with the regulator in Gibraltar as stated in the regulator's public announcement hxxps://www.fsc.gi/news/statement-on-stm-fidecs-gibraltar-377
Hopefully the fine was modest!

[smithie6] 09/8/2020 19:48

btw

was STM tipped somewhere at the end of last week ?

[smithie6] 07/8/2020 14:27

just checked

& ...my divi still hasn't been paid in to nominee account

brokers, pah.
:-(

[cwa1] 07/8/2020 11:35

LOL, you get the, unwanted, prize I reckon ;-)

[smithie6] 07/8/2020 11:34

anyway

the 2-2.5p price jump today is about 3 times the recent divi. :-)

keep on trucking

(& nice to see the recent RNS mentions that still considering acquisitions

[smithie6] 07/8/2020 11:32

I might beat you !!

7-10 days ago & mine hadnt arrived !, broker claimed that first cheque to them got lost in the post & that a new one was being posted.

(in 2020 are payments to big brokers where there might be multiple/some clients to receive a divi
...is a cheque really sent for each client's divi ?!

seems difficult to believe. Surely it should be 1 payment since the registrar inows the nominee holding as just 1 combined block & not as individual holdings of ppl inside a nominee account

& surely in 2020 it should be a bank transfer from the co. or co. registrar to the nominee & not paper cheques sent by the old fashioned letter system (although its surely the best & fastest postal system in the world ( in southern Europe its 3-5 days for delivery !; 1st & 2nd class ? dream on. 3-5 days for everyone unless you pay thru the nose for express (DHL type prices)

hopefully no one at my broker was pocketting/diverting the first cheque, hoping that I wouldn't notice 1 missing divi...hmmm

[cwa1] 03/7/2020 08:10

Dividend has finally appeared at iDealing this morning. Better late then never. Did I get the prize for slowest payment?

[gary1966] 29/6/2020 17:30

Divi in account today with x-o.co.uk

[lundun42] 29/6/2020 17:09

Re: Investors champion market wariness and other comments. IMO the market doesn't like surprises and unfortunately STM has regularly delivered over the past few years e.g. Regulator troubles, CEO arrest, last years profits warning. I think they need to start coming good on the optimism put out in the last few annual reports to convince investors that they're on the right track and past issues are well behind them. It's disappointing that the recent share price improvement hasn't held up above 30p but thankfully I was able to take some profits before the price slipped. If it continues to drift down it might be time to pick some up again.

Alternatively it would be nice to think that they could be a target for another acquisitive group which might do wonders for the present share price! A larger player could probably strip a lot of cost out as the STM board & head office overheads must be at least circa £2m (e.g.YOY board costs increased 46% - Board shown as £800k in accounts but when you add in any bonuses etc and CoSec and other group exec costs like Risk/Audit it must easily be north of £1.5m), so an immediate uplift in profits for an acquirer who already has those capabilities and can strip out other duplicate costs.

[lord gnome] 29/6/2020 11:41

Had mine last week with Interactive.

[cwa1] 29/6/2020 11:04

Cheers all, glad to hear it isn't personal to me ;-)

[gary1966] 29/6/2020 10:54

Not received mine yet CWA1

[taylor20] 29/6/2020 10:54

Not yet, with iweb.

[cwa1] 29/6/2020 10:25

Anyone else NOT had their dividend credited to them yet? Or, to turn that on its head, who HAS received their dividends and with which broker? Thanks.

[smithie6] 28/6/2020 19:06

(& much better risk/reward at 28-29p than at 60-65p)

[welsheagle] 28/6/2020 09:42

Thanks Smithie6

[smithie6] 27/6/2020 23:18

partly since it hit a bump in the road & had a reduction in profits

mkts dont like a fall in profits...& give it a low p/e

but overdone imo

if we see an expectation of an increase in profit then we should see the share price go up, each to their own opinion but I think its best to take a position before that/then rather than afterwards

[welsheagle] 27/6/2020 11:31

Anybody have an idea why this is so lowly valued - PE ratio of 4.97, and more cash than the market capitalization !!!.