W.h. Ireland Share Discussion Threads

[gargoyle2] 02/8/2013 14:24

Thanks DC_A. Not being a subscriber, I cant read the whole content, but I agree with the comments that they are 'glaringly undervalued'. I have a big position (well, at least relative to my other positions) here. Happy to wait for the re-rating.

[gargoyle2] 02/8/2013 12:17

Must be tipped somewhere, I reckon? IC?

[puku] 15/7/2013 12:29

yes - sideways for now back along the 60 p line.

[gucci] 12/7/2013 15:13

puku - are we rolling yet?

[gucci] 11/7/2013 12:34

on a roll now :-)

[puku] 11/7/2013 10:44

not yet a roll, just a correction imho, still watching for results.

[gargoyle2] 05/7/2013 13:06

Well and truly on a roll now, gucci!

[gucci] 04/7/2013 15:10

just moved up!!! its alive

[gargoyle2] 28/6/2013 08:10

Anyone understand / know reasos for the current weakness. On very low volume, so not too concerned so far.

[puku] 15/6/2013 15:27

happy for it to zzzz until the Interim in july when I expect it to wake up

[gucci] 10/6/2013 12:37

zzzzzzz....

[blondeamon] 15/5/2013 10:09

Lots of buying this morning but price hasnt moved. I hate the market makers.

[blondeamon] 14/5/2013 14:08

who isnt :)

[technofiend] 14/5/2013 12:04

I see. Is that the reason for the share price movement?

This is a decent undervalued small-cap firm. I am happy holding.

[blondeamon] 14/5/2013 11:13

Just tipped at Simon's Thompson famous column again!!

A small passage:

Broking for success

Shares in private wealth manager and corporate broking house WH Ireland (WHI: 60p) have yet to make a move, but in my view are worth picking up at this depressed level.

In fact, having drifted down from 66p in the past three months, the 14-day RSI is on the floor and the share price looks primed for a sharp rally on any positive newsflow. We don't have long to wait, either, as the company is due to release half-year figures for the six months to end April in mid-July, a little over eight weeks away.

With this in mind, it's worth recapping that, in the financial year to end-November 2012, WH Ireland's turnover hit a record £25.1m, including an increasing amount of recurring revenue as the company grows its wealth management side. Funds under management and administration grew from £1.3bn to £1.7bn and, since the November year-end, WH Ireland has bought the private wealth management business of investment bank Seymour Pierce, which was placed into administration in February 2013.

As I have pointed out previously, the assets under management acquired were valued at £270m and generated a £200,000 profit in the year to 30 September 2012, but WH Ireland was able to buy this business from the administrators for a paltry £25,000. That barely scratches the company's net cash pile of £7.2m, or 30p a share, which equates to half the market value.

[gucci] 27/3/2013 08:04

great set of results

[huttonr] 25/3/2013 16:25

It seems to me that the results are overdue - any ideas on date?

[gucci] 14/2/2013 15:16

still waiting