Share Name Share Symbol Market Type Share ISIN Share Description
Stm Grp. 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
  +0.00p +0.00% 38.50p 37.00p 40.00p 38.50p 38.50p 38.50p 36,636 07:52:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 17.4 2.8 4.0 9.6 22.87

Stm Grp. Share Discussion Threads

Showing 651 to 675 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
16/11/2017
14:52
sp responded nicely to news that inserting inspectors has been suspended until at least the appeal is heard on 20th Jan & mentions collaboration in reality Im sure the Gib. financial ctrl syst will advise what they want STM subsidiary to alter or add to existing procedures & the subsidiary co. will do it.. & everyone happy & fin. regltr will then largely ignore STM hopefully & business as usual, that's my hope/guess anyway --- 50p here we come
smithie6
15/11/2017
22:51
AOW, agree. InvestorsChampion normally aren't daft, but they seem to have got a bit confused on that one, and should probably have spoken to the company for clarification.
briangeeee
15/11/2017
22:31
re: www.investorschampion.com Their accounting read on QROPS is wrong - its not "quite generous" - in fact there is a 50% deferral of revenues - FOR THAT YEAR. That's actually conservative and a quirk of IFRS accounting. Their read on the life business is plain stupid and shows lack of thoroughness. The Life business is a wash. STM makes an AUM fee of a 1% or so. The technical account shows clearly that that flows net out (except for a small surplus). These are no secrets. You can call IR, speak to a broker analyst and figure this out. ==> amateurs
actofwill
15/11/2017
21:57
Smithie6. Here are the expense ratio numbers as quoted. hTTp://www.investorschampion.com/channel/blog/stm-group-arrests-appointment-of-inspectors-you-couldnt-make-it-up-but-what. I have always held the opinion that this stock is uninvestable.
yupawiese2010
15/11/2017
10:45
anyone understand the RNS of 13th Nov "Director declaration" it says that A.K. released without charge but then mentions an appeal, as if there are charges vs A.K. & that judicial process continues but without being remanded in prison. Or is judicial process just against STM subsidiary that allegedly didnt do enough checks on source of 1 client's money while STM says it provided the correct forms to Gib system which then did nothing & had 2 wk limit to respond. (surely if the police or a tax office decides that a client's money is illegal or partly illegal or missing a tax payment then surely the police & tax office have the ability to freeze any disputed money while the state then does a judicial process for it to be transferred to them or AN Other, with STM surely being just a co-operating bystander any views ? ??
smithie6
15/11/2017
10:40
what is the expense ratio number & how does it compare with what you think wld be more normal ? (is expense ratio high due to paying commission to intermediaries ?)
smithie6
15/11/2017
10:33
We commented previously how offshore financial services businesses rarely make happy stock market investments and STM Group appears to be supporting that assessment perfectly. But it’s STM's Life business that looks really questionable to us, with an expense ratio that beggars belief!
investorschampion
14/11/2017
19:19
always risks...but my own guess on risk/reward is that my adds today around 42p were a good deal. one sniff of stability or good news & this is back at 50-55p imo. but of course, risks of future news being negative....par for the course when news creates a sizeable % fall
smithie6
14/11/2017
14:41
I bt. some more. since looks very cheap fingers crossed the news in the future gets better & not worse !!
smithie6
14/11/2017
13:37
uf...and there was me hoping for good news !
smithie6
14/11/2017
13:24
Surprised not more of a rush to get out. If you were a client of STM and you saw the headlines I don't think I would be keen to hang around. Obviously not as clean as you would like to hope they were.
horndean eagle
14/11/2017
12:39
Service is restored!
jaykaytee
14/11/2017
12:33
So back trading and several RNS's issued explaining position from STM's point of view. Very hard/impossible to interpret/value so not surprised at 30% hit.
sailing john
14/11/2017
12:32
Thinking about it; who's now going to buy any kind of financial product from a company being investigated by the Gibraltar Police? So you're then left with around £10m of liquid assets (i.e. presuming no profit) versus a valuation of almost £21m at 35p - not quite one for me to buy more of but it all depends how optimistic you are about future earnings.
boystown
14/11/2017
09:55
Not easy to release an RNS from behind iron bars!
cpap man
14/11/2017
09:44
surprised no RNS this morning
smithie6
14/11/2017
07:46
The fact that there isn't any reason given for the suspension indicates that it is very bad news. It feels like they didn't have time to put out a complete RNS which would suggest something happened in a hurry. They still haven't clarified the situation so I guess management are a bit busy with something - have they been arrested ?
ir35
13/11/2017
22:28
RNS of 30th Oct said "arrested" ..& today an acquisition announced so one assumes that bod meetings & functions are still happening so does it mean that life goes on & MD was released after being notified & questioned to see what info he cld give wrt client .... & that in reality that police investigtn will concentrate on client & could absolve MD of any charges at any moment ?? ---- so...if that is a non-story in reality... why the suspension.. could an offer for STM be the reality as some think or phps that they have been approached.. suspension to allow the acquisition news to flow to the mkt....& then some news about an approach to STM ??...seems unusual that dont reveal any existing news... ah, or maybe there is another acquisition or impending corp action but not 100% signed off yet so cant report yet ?? moving of registered office (to Malta ?) is likely news imo but not enough to require suspension of shares imo (shares are/were underpriced for the results so an offer wouldnt surprise me. phps from Miton who own 30% if my memory is correct, & the founders might be happy to cash in & enjoy the millions they'd get !) if there was a buyer then the co. has links with a big private finance/pensions co., beginning with V.... I cant recall full name.. & various other rich ppl around with stakes in financial cos. who might see some synergy benefits with STM's business....R.Branson, Jim Mellon
smithie6
13/11/2017
22:23
I note that the STM MD reported the situation to compliance officer of STM who did the forms with Gib authorities... 2 years before !! so based on just the RNS info it looks like the MD & STM acted prudently & correctly and a rich client ( let's say with a mix of legal & arguably illegal businesses (std practice I think for big fish) a finance co. in Gib. cant be expected to do detective work on each of those businesses.....it doesnt have the time nor the money to do it, police's job imo while sure if a 30yr old arrived arrived at STM with £10M pension pot & had no justification for the cash then STM would have to report it & refuse them as a client.
smithie6
13/11/2017
20:04
Possibly, or wishful thinking? There’s similar speculation on another site. We’ll find out soon enough!
kingbarolo
13/11/2017
14:10
I dont think co. is resp. for actions of any dir. at other cos. unless the work at other co. was in name of STM & payment went to STM... it is logical & normal imo if some big clients have someone from STM on their own bod as a non exec to help give pensions/QROP etc guidance to a bod Lots of AIM dirs are also dirs at other cos. (imo any AIM "" exec. " dir. shouldnt be allowed to be ""exec"" dir of any other co. but ok as a non-exec) ppl on 200-400k/yr + car + pension should give body & soul to 1 listed co. only. imo)
smithie6
13/11/2017
11:33
Yeh, I can see that. Unless he's done something without the knowledge of the company and it can distance itself, so mitigating the impact. We'll find out soon enough!
kingbarolo
13/11/2017
10:33
I think you are optimistic If Alan Kentish was doing business for the benefit of the company and this is what is being invesstigated, he may personally be responsible but so is the company, either legally and/or morally
camerongd53
13/11/2017
10:11
What's the worst that can happen? Would a charge against Alan Kentish be tantamount to a charge against the company - it doesn't seem that way, it has been presented as a personal matter. In this case I'm not sure that the functioning of the company, will be significantly affected, or am I being optimistic.
kingbarolo
13/11/2017
09:31
Well I hope I'm wrong - but I really can't imagine this being good news in any way. I think the best we can hope for is some kind of technical / legal necessity of suspension relating to the Gibraltar investigation - which the company is confident is immaterial etc. It is 14 days since the deadline of course; "Under current Gibraltar legislation, the GFIU must respond within fourteen days if it wishes to direct any action to be taken, with a lack of response from the GFIU being acceptance by them for STM to continue as normal." - so maybe action is being taken?
boystown
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
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