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SAM Syndicate

1.42
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Syndicate LSE:SAM London Ordinary Share GB00B0GR9291 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.42 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.42 GBX

Syndicate Asset Management (SAM) Latest News

Real-Time news about Syndicate (London Stock Exchange): 0 recent articles

Syndicate Asset Management (SAM) Discussions and Chat

Syndicate Asset Management Forums and Chat

Date Time Title Posts
13/6/201122:51SAM ONE OF TARA*S 10 FOR 2010.660
20/7/201015:19SAM : ABOUT TO FIVE BAG IN SIX WEEKS FROM 2.6p247
02/2/201008:16SAM with Charts446
09/5/200910:57A long line49
05/3/200908:14Constant Faller for eight days, TIME TO BUY. !22

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Syndicate Asset Management (SAM) Most Recent Trades

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Syndicate Asset Management (SAM) Top Chat Posts

Top Posts
Posted at 15/5/2011 22:27 by pitball
lots of selling and the price holds firm - something brewing maybe.
MM increase bid from 1 to 1.5 million
Posted at 12/4/2011 14:41 by grlz
Close Bros is building up its wealth management division - SAM could be on its radar
Posted at 09/12/2010 11:49 by g1dvg2
I would think SAM is now operating profitably. Group loss was reduced by 92% to only £33k in the 6 mths to end Sept and since then they have increased funds under control by 18% to £6.5 billion.
With all this potential I'm amazed at the lack of interest from the market, and with the share price still under 2p I reckon they are a prime take-over candidate!
Posted at 29/10/2010 10:29 by comedy
for balance
re director purchase

Director/PDMR Shareholding


TIDMSAM

For immediate release:

Syndicate Asset Management plc

("Syndicate" or "the Company")

Director/PDMR shareholding

Pursuant to the Company's Share Incentive Plan ("SIP"), Neil Hale, a director
of the Company, has on 6th October 2010 purchased 7,445 ordinary shares of 0.2
pence each in the Company ("Ordinary Shares") at a price of 1.679 pence each.
Under the SIP, this purchase of shares will be matched by the Company if the
shares are held for a period of 3 years and the recipient remains an employee
of the Group.

In addition the Board of Syndicate is pleased to confirm that Neil Hale, a
director of the Company, has been awarded 350,000 deferred shares under the
2010 Discretionary Deferred Share Bonus Award, the details of which were
included in the full year accounts for the year to 31 March 2010 and which was
published on 19 July 2010. These shares will vest on 30 September 2011 as long
as the recipient remains an employee of the Group at that time.

This brings the total number of ordinary shares, deferred shares and options
held by Neil Hale to 5,419,220 , of which 2,172,081 are fully paid ordinary
shares representing 0.12% of the issued share capital of the Company; 117,139
are ordinary shares which have been awarded under the SIP but which have not
yet vested; 2,705,000 are deferred shares granted under the Company's Long Term
Incentive Plan; 350,000 are deferred shares granted under the Company's 2010
Discretionary Share Bonus Award and 75,000 are options over shares granted
under the Company's Share Option Plan and which have an exercise price of 12
pence per ordinary share.

-Ends-

For further information please contact:
Posted at 20/8/2010 11:35 by maxmarilli
nod,i think you are very negative about SAM....the share price WAS TAKEN DOWN because buy orders were executed at 1.25p(about 15 mill shares,i counted),so institution have loaded up for the next rise up and as soon they finished they raised up on little buying.Now....if buyers crry on we will go back very fast to 1.6/1.8p then the AGM will clarify the situation....i think institution know already the result of that and they backing SAM....
Posted at 20/8/2010 11:24 by nod
It doesn't look right. the share price hits an all time low and the bulls are back. usually hitting an all-time low on very high volume is a negative signal

it may have been a coincidence: i.e. the all-time low coincided with a sudden change of market sentiment despite the overall bearish market. a very significant proportion of yesterday's trades were at the lowest prices yet the share price was moved up.

SAM has to be one of the most bizarre shares on the UK stock market
Posted at 19/8/2010 08:12 by nod
There are a few problems for SAM:

1. It's a bunch of acquired fund managers still trading under at least four different brands with overheads for each

2. Revenues still declining while cost of sales rising + admin costs rising = greater losses

3. Complete overhaul of executives: new chairman, CEO and CFO appointed

4. Major shareholders appeared to be aware of the internal problems at SAM and bailed out but the problems were never disclosed to the public

5. Institutional investors have been leaving SAM - down from 48% of FUM to 37% of FUM in March 2010 (lower margin but lower admin costs)

6. SAM has diluted shareholders. Raised £20m at 1.5p yet now only worth 22m. Still loss making. Will they have to raise more.
Posted at 19/8/2010 07:33 by maxmarilli
posted on III last night: Author VotesAll1+2+3+4+5+10+20+
Wed 16:47 share price based upon £5.8 billion FUM stigoid





View Author's profile | Add to favourites | Ignore | Author's posts

I made this calculation back in 2009 based upon an article in London Evening Standard by Anthony Hilton.

He was writing about Gartmore's potential public flotation. He says you can value a fund manager at 1% - 5% of the value of the funds being managed. 1% for boring old pension funds in bad times - 5% for higher earning hedge funds in good times. (For Gartmore he used 2%.)

Applying this to SAM using figures of GBP5.8 billion of managed funds and 1812615296 shares and taking Mr Hiltons worst case of 1%...

(5800000000 /100) / 1812615296 = £0.032 or 3.2p

I don't know whether 1% should be applied to SAM or not (comments welcome) but I thought it a useful calculation to share with the bb.

I strongly believe that drop in share price (small volumes) is more a lack of upward momentum and that is due to static FUM of 5.8 billion. Once this number starts to rise (as it should now company is focussing on growth) share price should follow.

I am no expert. This is IMHO. Pls DYOR. I may be back in August 2011 reposting this - I hope not!
Posted at 08/1/2010 08:44 by buystock
Here goes...guys ill keep refreshing this through the day as we rise for newbies.this is recovery no1 for 2010

1. This company is in recovery... They have new management. The share price has risen from its low point...

2. FuM has grown to 6.4 billion.

3. BoD rejected takeover offer at (I believe - could be wrong) at 6p per share. Brave decision unless they have faith they can get share price higher.

4. Gartmore, ACP and Legal & General have all very recently increased their stakes.

5. Continuing speculation of TO in New Year.

6. Calculating potential share price as 1% of FuM gives share price of 4p.

7. Brokerman Dan tips this...

Personally - I think this will fly. But pls dyor.
Posted at 08/1/2010 08:27 by buystock
Here goes...

1. This company is in recovery... They have new management. The share price has risen from its low point...

2. FuM has grown to 6.4 billion.

3. BoD rejected takeover offer at (I believe - could be wrong) at 6p per share. Brave decision unless they have faith they can get share price higher.

4. Gartmore, ACP and Legal & General have all very recently increased their stakes.

5. Continuing speculation of TO in New Year.

6. Calculating potential share price as 1% of FuM gives share price of 4p.

7. Brokerman Dan tips this...

Personally - I think this will fly. But pls dyor.
Syndicate Asset Management share price data is direct from the London Stock Exchange

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