Tp Icap Share Discussion Threads

[mrthomas] 31/12/2021 05:51

Thks for the comments the dealing cost were about 7 to buy and sell and there NO stamp duty when you buy this share. As I said before the share was down nearly 10% before it when back up.

Bought into Reach which is doing well Have a good 2022

[jeffian] 23/12/2021 23:19

Also, if only one could guarantee you could do it, month in, month out, year in year out. As anyone with a diverse portfolio can tell you, you can see those sort of movements - up or down - in a day. If you're a daytrader, fine; for anyone else it's immaterial.

[jimmythekid1980] 23/12/2021 19:48

That's like spending all night plucking up the courage to ask out a girl you like, and she says yes .... then you don't even take her number.

[jimmythekid1980] 23/12/2021 19:46

I'm aware of the concept of compounding returns, and what 3% every month would build up to in a hypothetical argument, I just don't see why you'd catch a falling knife - pick up a really cheap stock (potentially) pay a spread, pay stamp duty and commissions for ..... a 3% gain.

I'm not trying to pick a fight, I just find that baffling.

[nibble] 23/12/2021 10:35

Jimmy, if MRThomas can do 3% every month, that's over 30% pa. A lot of hedge fund managers can't do that.

[bluemango] 23/12/2021 10:32

He must have a very happy broker.

"Lovely, more dealing fees!"

[jimmythekid1980] 23/12/2021 10:25

Sold out for a 3% gain?????? 3 per cent?????

[davwal] 22/12/2021 21:00

https://www.leaprate.com/cryptocurrency/jane-street-and-virtu-financial-join-tp-icap-digital-assets-platform-as-liquidity-providers/Good director appointment too, today.

[mrthomas] 21/12/2021 17:54

sold out today make 3% in just over a month that ok for me I come back in when the price gets lower if it does

[bluemango] 14/12/2021 09:21

Another director buy reported (yesterday)

Angela Crawford-Ingle bought 20 grands' worth on the 9th.

[mrthomas] 12/12/2021 07:08

Well, I am in the money now but not sure if I sell if get to around 150. I agree with the above about this one-off cost this is just playing with the accounting rules. I will be more interested in free cash flow as that is what pays the dividends

Have been surprised with the movements in the share price since i brought it last month

[dhoult12] 02/12/2021 09:40

All I would say to these adjusted profits.. is find me a period when TP ICAP didn't have these exceptional costs.
If there are always legal and regulatory expenses for one off projects, nature of this buisness (someone is always suing someone else), how exactly are they exceptional?

[rcturner2] 02/12/2021 07:13

I have gone back to the H1 results again and had a look at them in detail. The interesting part is the table headed income statement that shows the difference between the adjusted and reported results. The have £60m of what they call "significant items", which seem to be £12m of restructuring costs, £37m disposal and acquisition costs and £11m legal and regulatory costs. This £60m of costs seems to be crucial to the whole valuation of TCAP since it turns a healthy £88m of "adjusted" profit into only £28m of "reported" profit. To be fair to TCAP the results do provide quite a detailed breakdown of the nature of the £60m, so it is possible to consider these items and whether they are likely to reappear in the future.

[farrugia] 01/12/2021 12:33

'This is a massive inflation play - bought in recently- a little too early but have averaged down. Once interest rates start going up the volatility will seriously boost trading activity'

why? what's the logic of this?

[sick of it] 01/12/2021 11:02

Looks like the scare mongering went ott.

[creditcrunchies] 30/11/2021 14:34

is there a for sale sign outside their office?

[creditcrunchies] 30/11/2021 11:06

will be a penny stock by next week at this rate

[sick of it] 29/11/2021 15:36

128p.
No bottom in sight

[creditcrunchies] 26/11/2021 21:21

there's your answer it does go even lower when the market corrects

[sick of it] 22/11/2021 07:47

Quarterly figures do not normally assess profit. That’s normal. Just look at the rns, it was the same the year before.
Liq is meant to improve margins in the end.
Do they need redundancies to achieve this?

[bluemango] 22/11/2021 07:30

Fact is no-one knows for sure.

Wider market volatility in coming months should boost revenues, plus the market needs to see more evidence of synergies and benefits to the business from the LiquidNet acquisition. Yes this company is very much out of favour currently but obviously that can change.

[rcturner2] 22/11/2021 06:47

lol sick of it

I just tell it how I see it. This is a bulletin board for opinions, ignore or consider as you see fit.

There is a natural tendency to assume that a falling share price will rebound. It might not happen here.

It is worth revisiting what actually happened to TCAP. The last set of interim results saw margin collapse and a swing to a loss. The Q3 results were all about revenue, but no mention of profit, I wonder why? This company requires creative accounting to make its figures look good.

[creditcrunchies] 22/11/2021 01:03

The problem we've got is US indices are in extreme bubble territory, this could keep on extending but I'm seeing metrics that are a mirror image of the 1999 panic buying. Ask yourself why keep buying higher risk inflated stocks giving a yield (S&P) of 1.1 to 1.26% when lower risk shorter term US treasuries like the 5yr are oscillating between 1.2 to 1.30% yield. I just gotta hunch we're about to correct soon, we could get a deep dip early December then another rally into Jan/Feb but a bigger one looks on the cards.