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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 | 0.00% | 57.50 | 55.00 | 60.00 | 57.50 | 57.50 | 57.50 | 0.00 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 24.42M | 844k | 0.0142 | 40.49 | 34.16M |
Date | Subject | Author | Discuss |
---|---|---|---|
14/3/2017 07:12 | The 2017 spring budget certainly has thrown a curve ball into our expectations for new QROPS business. However, our business model is based on a robust recurring revenue stream and thus, whilst profits for 2017 will have been impacted, we still expect a growth in profit compared to 2016."significantly undervalued. Results Read v well | tsmith2 | |
09/3/2017 15:32 | could be blue by COP at this rate IMO....DYOR and agree with you tsmith2 | qs99 | |
09/3/2017 14:38 | Good buying here. Probably an overhang being seen off. Hopefully, company starts a buy back prog.Profitable, cash generative..solid yield play | tsmith2 | |
09/3/2017 12:26 | good one you cameron, and agree re ST, let's see what next week holds, but the retrace is nice in the short term | qs99 | |
09/3/2017 10:48 | I bought some shares following ST article @ 45p in December as they appeared cheap on current trading grounds with good growth prospects in at negligible cost. The shares went up nicely but the price tanked yesterday and this morning following the budget. The current profitability which is not reflected in the historic accounts as there are many new QROPS, the ongoing recurring income which has yet to appear in published accounts. There may be new QROPS written but the volume set up may not be at the level previously anticipated. At mid 30s this could turn into a bargain income stock. I reckon at current prices the shares are very cheap and more than doubled my holding this morning at 35p. I see the price has started to pick up already. If there is not further rerating before the results, the results may be a catalyst for a rise back to mid 40's plus. ST is unlikely to put his head on the chopping block with a new opinion until he sees the results on 14th and discusses them with the directors | camerongd53 | |
09/3/2017 10:31 | looks like buyers are returning....let's see what they throw in next week, directors buying, decent divi and positive outlook despite all this and use of the cash pile would be nice!! | qs99 | |
09/3/2017 09:31 | finally some common sense returning to the share! | qs99 | |
09/3/2017 08:33 | be interesting to see if they are confident next week, an upped divi would do the trick as well! | qs99 | |
09/3/2017 08:32 | is that their latest updated for budget tp? | qs99 | |
09/3/2017 08:16 | personally if I was on the board, I would use £1m of the cash to buy back any overhang! Especially if I wanted my paper to fund future deals as well as cash... | qs99 | |
09/3/2017 08:15 | well 14th March will provide more detail, but with £9m in the bank and a profitable business IMO, I think an EV of c.£14m looks over sold, but that is IMO/DYOR etc.....it isn't still crystal clear how this will affect things, but timing, consultation will need clarifying, also it maybe that these are STILL tax efficient for some people we just don't know....likewise they still have over 60% of the business to grow etc etc...so personally based on this morning's RNS, unless this starts to really tank as a SP, I'll wait for a broker update and 14th to make decisions....DYOR | qs99 | |
09/3/2017 08:15 | Pensions are 50%, recurring revenue is 90%, leaving 10% as new business. 80% of this could be affected so this leaves a revenue gap of about 4% plus the required growth to maintain the revenue hole of the recurring generated by those that depart this planet each year. Also, the business still has human assets that can target other revenue areas. All a storm in a teacup.... | pastybap | |
09/3/2017 08:10 | Never thought I'd be buying this for income!! Would welcome people's thoughts on how safe the dividend will be. | firtashia | |
09/3/2017 08:02 | It looks like the market for new QROPS is dead - who is going to bother with the hassle for a market that has just shrunk by 80% and the remaining 20% isn't entirely risk free given the 5 year rule. Hammond said only a few of the 10-20000 would be affected so how come he expects to raise 65M p.a. from the charge. Still STM should be able to bash out a decent profit from existing business for a few years until they replace the QROPS with some other business. | ir35 | |
09/3/2017 07:56 | agreed....and £9m of cash on balance sheet for more buy backs or acquisitions to dilute the affect....DYOR | qs99 | |
09/3/2017 07:54 | Read it again, carefully..fall imo ridiculously overdone | tsmith2 | |
09/3/2017 07:32 | oh yes and DYOR! | qs99 | |
09/3/2017 07:29 | Slow on the uptake? | oakville | |
09/3/2017 07:24 | Looks like STM are also having trouble decoding what effect the budget tax changes will have upon their business but are hoping they can mitigate any effects. Hopefully will not be anywhere near as bad as perceived. | mrx001 | |
09/3/2017 07:23 | My take on the announcement is that this is not good news - QROPS were the growth area for STM. But it is not a crisis - most of STMs revenue is recurring from pensions business already completed else from other areas eg other pensions or life insurance products. My questions are: Does his mean STM is now a fairly stable business with little/no future growth. If so, what are profit levels likely to be? | shaunstar | |
09/3/2017 07:22 | Looks like ST | mrx001 | |
08/3/2017 20:50 | Yes, think so. If they do confirm not sure we'll get opp to take advantage of dip | tsmith2 | |
08/3/2017 19:07 | I can see why STM might need to wait at least overnight before making an announcement. Although existing QROPs will remain and may even be more sticky, giving continued recurring revenues, there will be some impact on new business. There is quite a lot to read through and detailed rules to take on board. Is it a minority of STM's potential new clients that are affected? Would be nice to confirm. | jombaston | |
08/3/2017 16:30 | Think we will see news first thing. GLA | tsmith2 |
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