Tullett Prebon Share Discussion Threads

[its the oxman] 30/10/2013 10:09

Need mid November trading update to wake this stock up.

[its the oxman] 26/10/2013 11:07

Would certainly do same but can't see that price unless market levels collapse or we get a profit warning. The former I do not expect before year end and the latter I am certainly not wanting. This is still a small holding for me so still willing to add. Also a little surprised this has come back so far when icap still holding up. Some reassuring newsflow would help.

[aishah] 25/10/2013 20:57

Got out a while back around 380. Looking to get back in 250-270p

[hyden] 25/10/2013 18:02

It's because I topped up on Thursday. ;-)

[its the oxman] 25/10/2013 17:36

Reason for fall to c.300p anyone. An opportunity or am I missing something?

[its the oxman] 15/10/2013 15:47

Couldn't help myself. Topped up today c.326p ahead of div due shortly. May also buy a few icap just to spread my exposure.

[quepassa] 11/10/2013 13:39

In addition to winning 34 top slots in the Risk magazine awards, two days later on 20th. September, Tullets go on to win and be voted Commodities Interdealer Broker of the Year by Derivatives Week in the 2013 Global Derivatives Awards.

These highly-regarded and coveted industry awards underpin the strength of Tullets as a compelling investment proposition in my view.

ALL IMO.

DYOR.

QP

[quepassa] 10/10/2013 14:55

Having fallen from almost 400p to around 320p in the space of just a few weeks, this looks vastly oversold to me.

Why the fall? There appears to me to be no fundamental reason, other than the market being sold off in general because of Fed concerns and the US shut-down and some fuzzy macro-economic Euro-market wobbles.

Surely that adds to the volatility in the markets, relatively large fx movements, US$ interest rate concerns and bond price movements. Isn't this all good for inter-dealer brokers who thrive on volatility?

Sold off also because it would have been easy and comfortable to bank big profits on massive short-term gains on the back of a dramatic 60% upwards share price movement over just four months from 250p in May to almost 400p last month in September.

However, having now retraced to circa 320p, the share looks heavily oversold to me, offers a highly attractive 5% + yield and I see little reason why it shouldn't regain 400p in relatively short order.

A week ago, Goldmans reiterated they BUY RECO. with a Target of 410p.

ALL IMO. DYOR.

QP

[quepassa] 10/10/2013 09:33

Tulletts going from strength to strength.

Last month on 18th. September Tulletts again triumphed in Risk magazine's rankings for interdealer brokers.

Tullets was voted Number One in more categories than any other broker. This is now four years running that they have achieved this remarkable accolade

Tullets won a remarkable 34 Number One positions.

In particular, Tullets won 15 top slots out of 24 in the FX categories and 6 out of 12 top slots for Interest Rate and Credit products.

Over 971 dealers and brokers voted, nominating their top three brokers in order of preference.

Tullets must be doing something right!

Angus Wink, Chief Executive Office of EMEA at Tullett Prebon, commented:

"I am delighted Tullett Prebon has yet again dominated the Risk interdealer broker rankings, having been voted number one in more categories than any other broker for a fourth year. The ranking has particular resonance as it is voted for by our client-base, reflecting Tullett Prebon's focus on first class service and delivery of flexible and innovative products."


Extremely encouraging and excellent to see Tullets recognised by the market for
what is clearly outstanding service.

ALL IMO. DYOR.

QP

[its the oxman] 10/10/2013 07:59

Tempted to buy here if they set back close to 300p again. May have missed the opportunity this time. Back up to 320p today.

[quepassa] 09/10/2013 13:06

On 2nd. October 2013, GOLDMAN SACHS came out with a Broker Update on Tulletts:-


REITERATE BUY RECOMMENDATION. TARGET PRICE 410p.


ALL IMO. DYOR.

QP

[quepassa] 09/10/2013 13:02

About Tullett Prebon

Tullett Prebon (www.tullettprebon.com) is one of the world's largest interdealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients in seven major product groups: Rates, Volatility, Treasury, Non Banking, Energy & Commodities, Credit and Equities.

With offices in 22 countries, Tullett Prebon operates voice, hybrid, electronic, volume matching, algorithmic matching and risk mitigation platforms, to accommodate the needs of its clients.

In addition to its brokerage services, Tullett Prebon offers a variety of market information services through its IDB Market Data division, Tullett Prebon Information.

Tullett Prebon has its principal offices in London, New Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates in Bangkok, Frankfurt, Geneva,Houston (Texas), Jakarta, Luxembourg, Madrid, Manama (Bahrain), Manila, Mumbai, New York, Paris, São Paulo, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.

[diamond1] 07/10/2013 14:43

Hope you've all got your Royal Mail shares. (Last day tomorrow) Looks like it's been massively undervalued. Tories giving money to the banks and hedge funds again instead of the taxpayer.

[diamond1] 30/9/2013 07:34

Thanks Blueliner,

It's obviously something they had to do to comply with new rules and no doubt their competitors had to do the same. That explains why the share price didn't react.

[blueliner] 28/9/2013 13:29

Not sure how it affects us or the share price Diamond but seems to be fairly critical:

[aishah] 17/9/2013 12:26

Stop lossed out. Great run last few months so no complaints.

[asmodeus] 12/9/2013 19:14

Toys and pram spring to mind.... What a pity.

[quepassa] 12/9/2013 18:48

Deleted. Not edited.
Well done for driving me away.
I shall no longer post here.

[diamond1] 12/9/2013 07:35

Ha ha ha ha, now he's playing the edited posts game. Says it all.

[diamond1] 11/9/2013 13:35

Isn't it funny how some people on here turn nasty unless you agree with everything they say?