Venture Life Share Discussion Threads

[redartbmud] 27/6/2018 07:56

FairFX launches international business account for small businesses

FairFX, the e-banking and international payments group, is pleased to announce the launch of its new global business current account.

FairFX to build upon its banking capability with introduction of the Fair Everywhere business current account
Fair Everywhere removes the barriers to do business across borders with multi-currency wallets and foreign exchange fees that save businesses time and money
Secure Mastercard cards allow customers to streamline business spending around the world
Millions of SMEs can benefit from a significant reduction in fees compared to traditional providers

The Fair Everywhere business account brings together FairFX's expertise in international payments with services designed to make global business banking easier, faster and cheaper for those who don't want borders to limit their business ambitions.


Transformational for the business?

red

[gsbmba99] 27/6/2018 07:35

Comparison holding LIO have results out and look very strong. Adj PBT high single digits ahead of consensus. Dividend way ahead and nearly matching 3/19E. £214m of AuM in the recently launched fixed income funds looks very encouraging. Further strengthening of distribution with another new hire to focus on institutional despite being heavily retail. Punching well above their weight in asset gathering (#11 in UK). AuM of £11.347bn, +0.87bn or +8.3% on 31 Mar.

[hydrus] 27/6/2018 06:47

Thanks will look

[lauders] 27/6/2018 02:28

Hydrus - I know Apad may not agree but I also think PHNX is a good income candidate. I looked at both CSN and PHNX when I raised the question here about candidates for reliable long term income and in the end opted for PHNX.

They have just gone ex-rights and are acquiring Standard Life Assurance and setting up a strategic partnership with Standard Life Aberdeen plc. So the enlarged group should be even "better" going forwards. The CEO is worth listening to as well. Worth checking out the last webcast here to get some idea of his confidence in the future:

[hydrus] 26/6/2018 21:44

Thanks homebrew

[janeann] 26/6/2018 21:33

especially for apad and thanks to DTaliadoros on the prsm thread for posting

FEVR and Prsm mentioned in the same article...

Jim Armitage: Blue solution to white-collar slog will spark a fever | London Evening Standard

[homebrewruss] 26/6/2018 17:01

Hydrus,
battlebus has a Progressive dividend/income folio which might be worth a look for a few ideas on his thread ticker 'bbus'

[hydrus] 26/6/2018 15:37

Will take a look Jane thanks

[janeann] 26/6/2018 15:06

as above hydrus - I like pctn; accepting its property (but commercial and generally non retail) and it has become a very large holding for me and delivered good growth plus income (over c 10 years); I was looking to add but it keeps rising gently. and ztf - growing and rising dividend

prsm; intrerims out; seems to be gathering momentum in revenue and customers; recurring revenue now £4m per month, and yes apad debt increasing but they are expanding globally. Also employee count massively up and they have plenty of cash in hand. I was surprised at how far it was down this am as I was content with the results; that said didn't take long to bounce back.

Fevr - incomprehensible rise (to me at least).

[hydrus] 26/6/2018 12:53

Thanks APAD. I'm looking to build an income portfolio alongside my current penchant for quality-growth companies and nanocaps (that might turn in to quality-growth).CSN seems a good contender. Any other ideas I'd be happy to read up on them. I guess I want a good yield but, mainly companies that are likely to continue to grow the dividend and are non-cyclical. Having said that one or two exceptions being considered eg CARD.

[apad] 26/6/2018 12:33

PRSM, interims simply reinforced my terror, janeann - quick look though.

All that revenue increase for an increased loss - and in a software company!

Anyroadup I'm obviously missing something as, after an initial markdown, it bounced back.

Bon chance.

apad🤔

[apad] 26/6/2018 12:27

I agree with al, H.

They make a good BTFD company between news in an income portfolio.

They are in both my daughter's ISAs.

Insurance companies are in my 'sectors to avoid' class. This is the only exception.

apad😊

[hydrus] 25/6/2018 14:18

Thanks Al101uk

[janeann] 25/6/2018 14:00

Eddison research note out on pctn; a long term hold for me and pays a decent dividend c 4%

In a successful FY18, Picton Property Income again outperformed the MSCI IPD Quarterly Benchmark property return, as it has now done over one, three, five and 10 years. Moderate gearing enhanced the EPRA NAV total return to 14.9%. The industrial and office property markets, towards which Picton's portfolio has a strong bias, remain robust with widespread rental growth. In addition, Picton's portfolio continues to offer significant reversionary potential despite an already high level of occupancy. Plans to convert to UK REIT status later in the year should enhance future profitability, with no material impact on investment and portfolio strategy.

While Picton has a strong income focus, it also chooses to reinvest into the portfolio in ways designed to support occupancy and income growth, with the specific goal of enhancing long-term total return. The growing and well covered DPS represents a relatively attractive dividend yield of c 4%, while there are significant opportunities to grow income further from the current portfolio. Despite a strong historic record of relative outperformance, Picton trades at around its EPRA NAV with a P/NAV that is broadly in line with peers.

[al101uk] 25/6/2018 12:49

Hydrus,

It's the dividend combined with a very strong, yet conservative management team that seems able to make great acquisitions at good prices consistently when they enter the market to do so.

They describe themselves as boring, the CEO admitted that the increase in dividend last year was very conservative.

They are a buy and forget company, the dividend ensures that, but there are great opportunities for growth. The share price always seems to lose it's way between news and the news is typically restricted to results and maybe the odd acquisition each year.

I've followed the company for years and regard them as a quality core holding in my portfolio.

I believe APAD also regard it as a Stalwart.

The business model also makes sense, they make money via pensions when people die and they make money via life insurance while people live... can't fault the concept ;-)

[hydrus] 25/6/2018 12:34

Al101uk is the main attraction the dividend from your perspective?

[al101uk] 25/6/2018 12:25

Taken weeks, but finally got my price on Chesnara, dropped down here a few times recently, but never long enough for me to get a buy in.

[apad] 25/6/2018 09:28

Porvair isn't going to blow the doors off anytime soon.
Trump tax bonus.
I mustn't get bored, it has a solid niche and has earned its corn.

"As expected, China continues to be loss making, although, when the US margin earned from Chinese sales is taken into account, the situation is improving. Chinese customers are beginning to switch to the same products made in our Xiaogan plant and, as this trend increases, reported losses will diminish."

apad

[englishlongbow] 24/6/2018 10:43

Pantheon Rsources (PANR)

Now offering fantastic value after a few setbacks with a collapsed well casing and water ingress.

Onshore Texas gas, already producing some revenues and has more than 301 mmboe to target.

[apad] 24/6/2018 09:45

BOO FY 2018 employees up to 2175 from 1301.
Revenue per employee up to £267k from £226k.

apad

[apad] 24/6/2018 09:33

Good post by Rivaldo on the PTSG thread, red.

In case you missed it:

"The true net trade receivables figure is £20.2m. The rest of the £32.5m is mostly accrued income, plus prepayments etc.

But an investor actually has to read the Annual Report to know this detail rather than rely on superficial and incorrect numbers.

And of that £20.2m, £14.8m is due within 120 days - the rest represents retentions and other recoverables.

The true "trade debtor" balance is therefore only £14.8m. And that was boosted sharply by terrific Q4 trading and acquisitions which would only have contributed partially to turnover for the year. That represents around 3.3 months - which will
presumably be improved for H1 when the effects of the acquisitions and Q4 trading are evened out.

It's too soon to make sweeping statements without all the facts. If there's no improvement this year then it's worth asking questions."

apad

[apad] 24/6/2018 09:30

Revenue/Employee/p.a. is an interesting ratio.

PTSG: £116k (white van man)
AFM: £230/$303k (expensive consultants)
BVXP: £450k (boys with microscopes)
FEVR: £3.37m (marketing men)

apad

[hydrus] 24/6/2018 08:51

PVG sells pet wellness plans and has good sales growth but unfortunately poor business execution means they look like they'll run out of cash soon. I wouldn't go near them again having been in quite heavily a few years back. Other than that you are looking at vet chains (CVSG) or pet stores I think. Not much else floated in this country. Plenty in the US though. All very expensive.

[lancasterbomber] 24/6/2018 08:43

Just see an article in the FT reference gourmet meals driving pet food business.
Any one know any suitable companies?