Tp Icap Share Discussion Threads

[ppreston1] 15/3/2023 09:53

JPMorgan raises TP ICAP price target to 235 (210) pence - 'overweight'Peel Hunt also reiterated their Buy recommendation with a 240p price target.

[coxsmn] 14/3/2023 12:27

I'm happy with resultsEps 13.2p versus 0.7p 20217.6% yield

[dhoult12] 14/3/2023 11:35

Liquinet doesn't look good, but not sure what the market expected.. all the voice to turn into better electronic brokerage? Share price didn't reflect that.
Only view is that there was significant hope that in the medium term they could become electronic and displace the voice brokers with associated cost and sell by date. If they can't keep liquinet going well that doesn't look likely.

[gary102] 14/3/2023 11:16

10% drop, I just don't get it??

[texaspete2] 14/3/2023 11:16

Missed market expectations

[value hound] 14/3/2023 08:45

Yes - I must be looking at different figures to everyone else!?

[coxsmn] 14/3/2023 07:03

Great results

[williams2102] 06/10/2022 08:35

Ex dividend today!

[brucie5] 04/10/2022 17:23

Up, up and away.
And through £2 level.

[topvest] 02/10/2022 12:19

Well done all who are still in this. I seem to have exited at the worst possible moment, but I suppose have an indirect holding through investments in Mr Mills and his various vehicles. Reminds me a bit of Royal Mail and their covid rally. Anyway, its been a great run for everyone here. It probably won't get much better with all the bond volatility in the market.

[brucie5] 01/10/2022 14:51

...And in future take anything Christopher Mills says...quite seriously...

[jubberjim] 01/10/2022 11:01

I hope so

Starting buying a year ago at 218 and added every 20 percent drop equivalent cash amounts each time all the way down to 109

Was beginning to despair had put them in the sock drawer

This latest volatility has been a boon but will now start looking to liquidate some cash if it can climb above 250 in the coming days

Good luck all you holders long may this continue

[charlotte2020] 30/9/2022 18:10

There must be further bid rumours flying about today

[bench2] 30/9/2022 14:18

TCap thrive on volatility and we have that in spades . The company has been in an exclusive 5 year bear market when all else was rising . It is the ultimate contra trend stock , and now at a 52 week high . Tell me any other companies at a 52 week high in this bear market ? There aren't many . The company is still very cheap and looks a sitting duck . It might not stay quoted for long so enjoy it while you can .

[lindowcross] 30/9/2022 10:29

All good points in recent posts. From what I've been told Liquidnet will go from strength to strength and presumably assist with technical knowledge in the group. I'm pleased I kept adding at the lower prices

[charlotte2020] 27/9/2022 18:07

Plus a lot of revenue in dollars but costs in Sterling

[value hound] 27/9/2022 17:16

THeir debt is at fixed interest rates, but cash isn't. At the end of June, they had cash of £788m and expect another £100m - "we have identified around £100 million of cash that will be generated or freed up by the end of 2023 and used to repay debt"

So a good buffer against rising interest rates

[dhoult12] 27/9/2022 17:03

The only way you could structure would be an indefinite license at a nominal sum for the data to new co; however you can't then just multiply by a technology stock PE as new co existence it's totally dependent on tp icap volumes rather than seperate entity= a lot more risk

[dhoult12] 27/9/2022 16:45

Play this one out, the market data that is being sold is generated internally by the firm.
If they are a seperate entity where's their source of data? And whom are they paying for it as currently it's free by just looking at the financial statements.

[brucie5] 27/9/2022 16:16

Amazing strength - seemingly overlooked.

[mighunter] 27/9/2022 15:59

hTTps://news.sky.com/story/city-investors-press-tp-icap-for-1-5bn-parameta-windfall-12706405

[reddirish] 17/9/2022 19:09

Anyone have a view on/ understanding of the impact of higher interest rates on the broking industry? We've had a decade of low and stable interest rates, and I'm wondering if that could have had a 'significant' impact on the TCAP performance over that time?

[jeffian] 09/9/2022 17:28

There is a saying: "Every dog has its day". Seems to be true!