Tp Icap Share Discussion Threads

[indiestu] 11/5/2022 12:07

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

[indiestu] 11/5/2022 07:59

Interesting growth in Agency Execution. Are these signs that the revised strategy and the Liquidnet acquisition is beginning to show promise?

[ppreston1] 11/5/2022 07:47

As immortalised in the words of Mark Twain..."the reports of my death are greatly exaggerated". Lol.

[ppreston1] 11/5/2022 07:37

Trading update not too shabby at all! Let's see what the market makes of it. Should be some good room for upside considering the recent share price weakness.

[dhoult12] 06/5/2022 19:25

Ah the classic done such a great job we had to sack him routine.

Don't think the market is buying it

[bluemango] 06/5/2022 18:21

I wasn't even aware of this reshuffle with Ruskin who apparently 'successfully' oversaw the integration of LiquidNet, deciding to 'step away' from the company.

Press release on 28th April.

[kemche] 06/5/2022 15:27

J7, are you buying more CHLL?

[j777j] 06/5/2022 15:13

Target price 0p

[j777j] 06/5/2022 12:49

- A TP ICAP Plc unit is accused of being "a spider in the web" of controversial Cum-Ex trading by German prosecutors,

[daemonfunds] 05/5/2022 22:37

the raids in germany by BaFin (e.g. of DB) - could they be related to the cum-ex?

[bluemango] 05/5/2022 19:31

Yikes, gotta feel for those still in.

I was out a week or two ago (far too late to act, but could have been worse)

[elsa7878] 05/5/2022 19:26

Cum-ex. The elephant in the room.

[j777j] 04/5/2022 13:07

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!

[bluemango] 14/4/2022 08:55

Liontrust reported holding increase on Monday. Gone above 10%.

[topvest] 06/4/2022 10:18

I have sold out my small holding today. 10 reasons are as follows:
1. Technological obsolescence headwind.
2. Poor management since Terry Smith exited.
3. Too many legal claims and costs.
4. Liquidnet acquisition was poorly handled and too much equity was "given away".
5. Exceptional items are enormous - slides indicate yet another c£150m in 2022.
6. Data and analytics transformation too slow.
7. Business is really loss making after the "every year" exceptionals are added back. ROCE are much diminished from the glory days.
8. Constant downgrades.
9. Clear risk that the dividend is reduced again.
10. Liquidnet doesn't seem to be performing well at all.
The positive is that this gets re-rated as a data and analytics company, but that will probably take a few years in my view. Will keep a watch. Good luck to those that remain!

[jezza123] 01/4/2022 10:32

that 200 SMA trend line is just sitting there waiting to be breached....

[dhoult12] 01/4/2022 08:45

Amazing how they have material amounts of "exceptional" costs every year though isnt it... Almost like they are whacking in whatever they can get away with,every year.

Legal is my favourite. They have been sued by or are suing someone every year. It's part of this buisness. But nope all exceptional

[rcturner2] 01/4/2022 07:48

Last time I looked at the results they do to be fair explain in detail what are the so called exceptional items that are excluded. So it is very easy to check and decide for yourself whether you think the management are right or not to treat the items in this way.

[dhoult12] 01/4/2022 07:27

Creditcrunchies, agreed on the creative accounting.

Made the point before here you have to look at the reported profits on this one not whatever costs the management have ignored this year line.

Makes you wonder what other creations are in there. There's hints that the liquidnet integration isn't going well... Wonder how bad it actually is.

They need to go.