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Share Name Share Symbol Market Type Share ISIN Share Description
Stm Group Plc LSE:STM London Ordinary Share IM00B1S9KY98 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 26.00 25.00 27.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 22.4 1.2 2.9 8.8 15

Stm Share Discussion Threads

Showing 1151 to 1174 of 1375 messages
Chat Pages: 55  54  53  52  51  50  49  48  47  46  45  44  Older
DateSubjectAuthorDiscuss
12/5/2021
16:14
Now that IS interesting to see PG appearing on the register :-)
cwa1
12/5/2021
14:16
Whatever - he set the business up in Gib and lives there or did until recently (if he has moved). Not spoken for 18 months.

Of more interest is the new shareholder on the register.

elsa7878
11/5/2021
12:47
Dear Elsa
they have just reported annual prelim results.

this is a message board on a website for shares.
posting opinions (2 posts ) about the annual prelim results is actually quite normal

so, get lost !!

:-)

======

& if the MD is at the Gib. office as you confidently say
what is he doing being based there ?
I thought there wasn't much turnover left in Gib. that would need a director to be there. & the FD post for example is stated as UK based, so I assume the MD is there as well. In sunny Milton Keynes. :-)

smithie6
11/5/2021
09:25
Stop jabbering to yourself. Call Alan in the Gibraltar office. Good guy and happy to talk.
elsa7878
11/5/2021
08:02
staff numbers down phps 5%
but the cost for staff is up !

uh ! :-(

smithie6
11/5/2021
07:11
results looked ok to me

& % yield is pleasant enough

while sure, the performance over the last 3 years is not what we were hoping for.

move to the use of more IT, more efficiency, reduction of costs, looks like expected savings are being pushed back a bit ??
some in use, some yet to happen

Anyone have any views on the results ?

I'm happy enough to keep holding.

------

Congrats to the co. & the FD for the full explanations/info & providing such detailed/useful comparison financial data in tables. ( OK they have been pushed into having to do it since the reported financial data shows a % fall).

smithie6
10/5/2021
13:00
poor market maker can't make up his/her mind where to put the bid/offer prices ! je je

(official price to buy is 33p
despite there not having been 1 trade at over 32.0p ; strange, phps the MM just hoping to get some buyers & to make a bigger %)

smithie6
10/5/2021
08:22
cash input from the sale at the end of March & this new sale

~ 2 million + 1.4 million
= ~ £3.4 million
(but ideally the £ 2 million value should be checked for cash held etc)

about 5.6p/share, with share price of ~31p.

a notable % of the cap. value of STM & a much bigger % increase in cash surplus to that for regulatory reqts.
..so there is a lot more cash available for acquisitions or will be once all cash & stage payments are received.

smithie6
10/5/2021
07:37
good point

& with the extra cash from this sale & the previous one the cash per share is a higher % of the cap. value so it must make it a more appealing acquisition

but hopefully we will see an acquisition(s) which produces profit & we can base any calcs. for the share price on profit rather than nett cash.

an acquisition is g'teed imo, since the previous sale made a notable reduction in profit & the execs. will surely want to replace that

----

the execs have been busy. good stuff. :-)

----

(although not all 100% disposed of imo

I think there is at least the Spanish office left

with tiny turnover & my guess is that it is non-core)

smithie6
10/5/2021
07:25
A point not mentioned is that with all the non-core businesses disposed of,STM is a more attractive company for somebody to take over
camerongd53
10/5/2021
07:16
Does anyone have access to the FinnCap note that was published this morning please?
pdosullivan
10/5/2021
06:40
more cash added to the cos. stack

with this latest sale.

added to the previous sale it adds to the cash backing of the share price

but at some time most of us expect it to be used to buy annual turnover & profit

smithie6
23/4/2021
07:47
I see there is a new listing in the sector.

Pensionbee. PBEE

cap. value of ~£365 million.

(if STM were to be an acquisition target then might that co. be a possible acquirer ? ( while noting I have no idea what they do in the pension sector)

smithie6
19/4/2021
07:46
I don't know

but if an insurance co. is going to pay for Carey
then the payment from Carey will, I assume, phps be "noted" in the text as a liability after the year end & the payment from the insurance co. to STM as a future receivable.
In the notes, risks or events after the year end and/or in the auditors comments. Since the events are after the financial year end there is no effect on the numbers for the accounts, since they are for the period to the year end.

Significant events between the year end & signing off of the accounts have to be mentioned, they have no choice. ('mentioned in some way', as reqd. by the reqts.)

smithie6
19/4/2021
07:35
Can someone explain
If profits are not going to change and net asset values are not going to change either why is the audit being delayed and why is the announcement being made.
I think they are suggesting a provision may be required which is going to be matched by a matching debtor. An explanation as to why this is material to the view shown in the draft accounts should be communicated as it appears absurdly confusing.

camerongd53
16/4/2021
11:31
maybe the insurance costs will now come down since that unknown is now removed so there is no need to insure against that unknown going against the company ??

(& will the co. need to check to see if it needs to update its Ts & Cs for existing or new clients ??)

smithie6
16/4/2021
11:26
not ideal but I think we all understand that the ruling only came out recently, & the accounts must I think consider any relevant events that occur between the end of the financial year & the signing off of the accounts. They have no choice but to make sure that the auditing process checks to see if it has any impact.
smithie6
16/4/2021
11:16
Just noticed the RNS today about 2020 results announcement now delayed until May due to a possible provision being required following the latest Cary/Adams ruling. Mention of a "significant exercise" being carried out to determine if it's something STM needs to provide for. Even though Co says it's covered by insurance and indemnities, further uncertainty surely not ideal from an investor perspective.
lundun42
09/4/2021
11:13
news of yet another takeover in the financial services sector

(STM must surely be a currently underpriced possible target)


"Nucleus Financial Group PLC - Edinburgh-based financial services provider - Delays publication of offer document for takeover of Nucleus by James Hay Holdings Ltd to April 13 from April 9. Takeover deadlines will be the same number of days after publication as previously scheduled. Nucleus announced takeover by James Hay in February for 188 pence per share, valuing company at GBP144.6 million."

smithie6
08/4/2021
11:32
nice to see the price bouncing back up a bit, & not falling !
smithie6
07/4/2021
12:06
Yes, AssetCo has been worth watching since Martin Gilbert (Aberdeen Asset founder)took a stake in them earlier this year along with other associates (Peter McKellar ex Aberdeen). Other big shareholders shown as Harwood Capital (Christopher Mills) so some serious industry experience behind it.
lundun42
07/4/2021
11:17
ASTO
look to be a big shell (~£52 million) &
are looking to make acquisitions in the wealth mngmt sector

smithie6
06/4/2021
20:42
a few buy trades today & small price rise
hopefully that's a good sign

smithie6
06/4/2021
19:59
perhaps the Carey-Adams case increase the case for ppl to use authorised IFAs, with STM then administering the assets (STM administers a few billions !)

& avoiding unauthorised advisers

-----

phps STM will change its application forms to add
"has any unauthorised person/body advised you to transfer your assets to STM ?"

& reject any application that says "yes"

or something along those lines

:-(

smithie6
Chat Pages: 55  54  53  52  51  50  49  48  47  46  45  44  Older
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