Tavistock Investments Share Discussion Threads

[algorithmicx] 21/3/2016 09:01

This transaction also signals a significant milestone for Tavistock as we move into healthy profitability at Group level

[origami74] 21/2/2016 12:28

I think you have highlighted the problem. No news means that the idea of acquiring regional hubs doesn't seem to be yielding results. Additional funds were raised to acquire IFA business but for some reason there doesn't appear to be much news on ket acquisitions.

Are TAVI being choosey or are IFA firms being put off becoming part of the business.

In addition to this the general stock market is in bear territory and the forecasts from the house broker did not look appealing at 5p+ per share.

A share price of 3.4p gives forward projected earnings at 10X which is now attractive if firms can be added to the business and the general economy holds up.

[blueliner] 14/1/2016 12:18

Since New Year the share price & value of my holding has dropped 33% on no news, any ideas? seems more than just a correction.
What am I missing?

[digger27] 04/9/2015 09:14

Not followed this since the Social Go days. My nominee account still shows the SGO holdings even though I sold the TAVI stock we were given for our troubles. Are SGO shares now completely worthless or should I convert to paper certificate and have it framed as a reminder?

[parsons] 25/8/2015 08:18

The company seems to be progressing well !! not a deal today no mention on the BBs this has got to be one to be in with £3billion under advice !!!!!

[algorithmicx] 04/8/2015 21:05

Zak Mir - 10p Target

DYOR etc

[fillipe] 04/8/2015 19:30

Rising very nicely on small - good to see TAVI clearing the 6p marker, with ease.

f

[hrambo] 04/8/2015 13:06

A must share

[hrambo] 04/8/2015 12:45

This is the one

[mike111d] 04/8/2015 12:25

Building nicely now.

[hrambo] 04/8/2015 08:31

Get in now before the rise

[algorithmicx] 01/8/2015 12:17

Tavistock CEO credits 'effective business model' for rapid share growth



Tavistock CEO credits 'effective business model' for rapid share growth
Karen Gilchrist
Tavistock Investments’ share price increased significantly this month as awareness of its "highly
effective business model" continues to grow.
Between 2nd and 22nd July, Tavistock's share prices rose from 3.3p to 5.58p. Speaking to
thewealthnet, chief executive of the AIM listed firm, Brian Raven, explained that recent organic and
acquisitional growth had enabled the firm to offer its "professional investment standards" and
"competitive prices" to a wider audience of retail clients.
Tavistock's business model focuses on two primary areas, Mr Raven explained: the provision of
advice; and, as of October 2014 when Tavistock Wealth was launched, the provision of investment
management services. The latter provides what Tavistock has termed a Centralised Investment
Proposition (CIP) for the clients of advisers.
“The smarts of the model are twofold: firstly, by integrating those two services we can make a
proportion of the business more profitable and; secondly, both the advice business and the
investment management business are rapidly scalable. The advice business is scalable because all of
the advisers are self-employed. So while we do have to have a central body to ensure all our advisers
are compliant, it’s not a massive challenge to go from 270 advisers, where we are, to say 500, where
we’d like to be.
“On the investment management side, because we don’t provide a bespoke service, we’re a
discretionary manager, we have a range of model portfolios across six risk ratings – which cover 90
percent of the market in terms of attitude to risk – we can as easily run £2 billion as we can £200
million.
Already this year Tavistock has been putting this mantra into practice. In the past couple of months
it has confirmed the acquisition of a proportion of assets from Cornerstone Asset Holdings Limited
(see thewealthnet 1/04/2015) and the total acquisition of Duchy IFA based in the West Country (see
thewealthnet 6/05/2015). In January it undertook its most significant acquisition: Standard Financial
Group (see thewealthnet 20/01/2015). This transaction introduced a further 236 advisers to the
firm, bringing its total number of advisers to 300 advising on approximately £3 billion worth of
assets.
This, Mr Raven said, has been the underlying key to Tavistock’s success: “I think the price has gone
up because we are talking to an ever-increasing audience, both inside the business and out, and the
simple fact of talking to 236 new advisers about what we do and our model means that word
spreads and people are becoming more aware of our existence.”
In terms of the firm’s strategy going forward, continued growth should be managed via a
combination of organic growth, where possible, and acquisitions, explained Mr Raven.
“We want organic growth but the nature of an advisers business is that their primary obligation is to
look after the clients they already have. So while advisers want to attract new clients, the longer
they’re in the business the more clients they have and the less time they have to seek out new ones.
We do want to grow by acquisition as well but we’re very fussy about the businesses we want to
acquire. We’re looking for businesses that share our client-focused philosophy who want to be part
of a larger enterprise.
“We’re actively looking at opportunities all the time and while I can’t say we’ll have another deal
done by, say, October, but I’d be very surprised if we hadn’t done two or three more transactions by
the end of next year. The real prize for us in terms of our shareholders is to make the business we’ve
already got as profitable as we can by encouraging investors into the portfolio solutions we have.
Because the bulk of our advisers are independent they will only push the solution if it truly adds up
for their clients.”
Mr Raven has been involved in financial services since 2010, having previously spent the most part of
his career in software and computer services. In 1991 he founded Card Clear Plc, subsequently
renamed Retail Decisions plc, a business engaged in combating the fraudulent use of plastic payment
cards, which he later sold off in 1998. He then, alongside Tavistock’s current chairman, Oliver Cooke,
built up loyalty card business Gladstone, which he then sold in 2005 before taking some time out of
the industry to undertake a captainship at his local golf club and pursue his property interests.

[kingston78] 29/7/2015 12:08

Market makers must be keeping a very tight book, so a decent demand pushes up the share price quite significantly.

This time round I expect the share price to break the resistance area of 5.8 p.

[fillipe] 29/7/2015 11:52

At present the best ask of 5.5p is being paid, on some quite decent trade size buys.

The total ask is a mere 130k, showing 120k @ 5.5p and then 10k @ 5.75p.

A good time to accumulate here, pending further newsflow.

gla

f

[kingston78] 26/7/2015 18:20

The share price did break and stayed above 5p on a close basis, but did not sustain it as profit taking set in, which was to be expected.

The next stage is a consolidation between 4 and 5 p before a positive news announcement for the share price to rise above the 5 p level.

[kingston78] 17/7/2015 18:13

The share price broke through 5 p on an intra-day basis but could not sustain at its high, but nevertheless signals a new beginning.

I have every confidence on this share from both fundamental and technical perspectives. There is incentive for the directors and the owners who have sold their businesses to Tavistock to ensure their businesses make good profit.

There will be a re-rating of this share.

[mike111d] 17/7/2015 17:49

Building nicely, the only issue being the multiple new threads created for TAVI.

[kingston78] 15/7/2015 21:03

Today's rise in the share price is significant as it springs upwards to fill in the falling gap with a resistance level of 5 p.

I am watching over the coming days / weeks to see whether it will firstly reach 5 p and secondly whether it breaks the 5 p level. Once the 5 p level is broken it will become a support level from which the share price will advance upwards. I would not be surprised to see the share price multiply from this level in the next few years.

[parsons] 14/7/2015 05:31

Many deals were done at an issue price of 7.5p !!!

[kingston78] 13/7/2015 22:21

Going up slowly and steadily. A classic.

[kingston78] 05/7/2015 10:52

The gap is being filled gradually, so I expect my initial target of 5 p will be reached.