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Share Name Share Symbol Market Type Share ISIN Share Description
W.h. Ireland Group Plc LSE:WHI London Ordinary Share GB0009241885 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 54.50 54.00 55.00 54.50 54.50 54.50 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 21.6 -3.3 -7.1 - 34

W.h. Ireland Share Discussion Threads

Showing 1901 to 1925 of 2150 messages
Chat Pages: 86  85  84  83  82  81  80  79  78  77  76  75  Older
DateSubjectAuthorDiscuss
04/3/2015
08:39
I'm quite pleased with the results, actually, especially considering the year AIM has had, which WHI are most exposed to on the broking side of things. The valuation here is underpinned by the wealth management business and, as others have pointed out, the sum of parts valuation is at least double the current share price. Progress here seems good, revenue per £ in AUM was historically relatively low (compared to other wealth managers) and is improving, and AUM is growing. Happy to ride this one out, even if a value outer is a bit longer on the horizon - on a valuation basis, it's one of the cheaper shares in my portfolio.
courant
03/3/2015
11:17
Smoke & mirrors!!!!
darrener
02/3/2015
13:51
Glass half full or half empty. IC's Simon Thompson has issued an upbeat piece on them today with a 140p Buy reco, I can't paste the full article but the opener is:- Broking for bumper profits Aim-traded private wealth management firm and corporate broker W.H. Ireland (WHI: 92p) has reported full-year profits well ahead of market expectations this morning following December’s trading update. In fact, the company’s adjusted operating profit of £1.45m was not only well above guidance of “between £1m to £1.1m” given at the end of last year, but was also significantly up on the £900,000 reported profits in the 2013 fiscal year...... http://www.investorschronicle.co.uk/2015/03/02/comment/simon-thompson/a-non-standard-investment-kpFD9mJ3QeU2BTCLNOljFM/article.html
paleje
02/3/2015
12:22
Agreed, there is nothing wrong with the business however it is pretty clear that there are too many small brokers around, WHI say it. PMR say it as well. I do think it would be helpful if there was a round of consolidation but no-one seems to want to get involved at present. I made a tidy 7% on my very short term trade here but sold as both the market reaction and their own forward looking statement were rather negative.
salpara111
02/3/2015
11:27
Ok cheers thanks for clarifying.
paleje
02/3/2015
10:50
Probably rather extreme of me to say that -in fact WHI has some IPOs lined up.I get an update from them which is easy enough to subscribe to.Should have said there is less activity than last year, and also I think the pending election may muddy the waters. WHI is not a badly run shop by any means but the spike up to 140p owed something to bid speculation.Not difficult to put forward a case for a sum of the parts being higher than the present share price -just didn't see enough in the numbers to see what would trigger an upward re-rating.
meijiman
02/3/2015
09:54
Meijiman, When you say the IPO business has dried up, are you saying that's it kaput! Or that 2nd half last year the Scottish referendum dulled appetite and early this year UK election is doing the same? So short term uncertainties or long term trend for IPO's?
paleje
02/3/2015
09:30
Equity Development is paid to be bullish. The IPO business has dried up. The broking business is worth nothing -the funds under management is worth the usual % of funds under management but it really only comes into play if there is a serious approach. I wouldn't rule that out-but such are the big egos involved these deals normally only happen at times of extreme stress.
meijiman
02/3/2015
09:19
Well spotted Gargoyle, might get some IC comment in the next day or so too.
paleje
02/3/2015
08:57
Equity Development still bullish: In the year to November 2014 WH Ireland increased the higher quality Discretionary assets under management by 43% to £723 million, and also increased its Advisory assets under management to £952 million. It has also announced a dividend of 2p, up 33% from the 1.5p declared in 2012/13. Recurring revenue rose 13%, and the cash position improved from £6m to £7.5m. A read across from the very recent takeover of Ashcourt Rowan by Towry suggests a valuation way in excess of the current market cap. of £22.3m. A sum-of-the-parts valuation: 4% for discretionary AUM, 2% for advisory and 0.5% for execution-only, one times pre-tax for corporate broking, plus surplus cash and the equity in the Head Office Property comes to £60m or 251p/share; using 3% and 1.5% in a non-take-over situation and applying a 10% conglomerate discount still gives 185p, virtually double the current share price.
gargoyle2
02/3/2015
08:39
It had not exactly been a great year for AIM
tintin82
02/3/2015
08:27
I'm out and consider myself lucky to have picked up a decent gain for 2 weeks holding. I really dont get the fact that these guys along with one of their main competitors Panmure Gordon always say that their outlook is "difficult" if your outlook continues to be negative when markets are hitting all time highs and corporate activity is also booming then there is clearly a problem with your business and not the sector. Good luck to those remaining on board.
salpara111
23/2/2015
11:24
Haven't seen any recent tips, Gargoyle. ST follows this one, he might have a view after next week's RNS.
paleje
23/2/2015
09:54
Was Friday's rise the result of a tip? No news, as far as I can see.
gargoyle2
23/2/2015
09:49
Indeed tanelorn, and results a week tomorrow when current trading and outlook will be the important thing. Apart from the last RNS giving a misleadingly poor first impression the Telegraph article a few weeks back didn't help either; it inferred client numbers had dropped but it was using data which did not reflect real story. I contacted the Telegraph's Marion Draker after it and also Richard Killingbeck and the fact is that client numbers have increased not decreased and that will become clear soon. Those who sold may have made a wrong decision.
paleje
20/2/2015
09:57
Did you bother to read their last trading update?. edited.. Whilst we don't expect great things for the last reporting period, perhaps news is leaking that matters aren't as bad after-all. A pal of mine, a chartered accountant, advises it's extremely difficult to keep account information secret whilst presentations are being compiled.
tanelorn
20/2/2015
09:42
Taken a stake here for the first time. Market activity has been pretty strong over the last 6 months so as long as they have performed in line with the market they should have something positive to say.
salpara111
20/2/2015
08:30
Rathbones Wealth Management reported good numbers yesterday and more to come notwithstanding some caution about global conditions. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: “2014 was a challenging year for most investment markets, which became increasingly volatile in the second half. Despite this, Rathbones had another good year and achieved strong and broad-based growth. Our total funds under management grew by 23.6 % over the year to £27.2 billion and we warmly welcomed more than 5,000 new clients during the year. “Rathbones looks forward to future growth opportunities in the sector, but remains aware of the possible adverse market effects that current political and economic uncertainty, both in this country and overseas, may have. I look forward to seeing the full benefit of our 2014 acquisitions in 2015, and working with our board in the coming years to develop and grow the business.”
paleje
20/1/2015
16:21
Full year results will be issued on Monday, March 2(nd) 2015
tanelorn
13/1/2015
16:48
Not sure what sparked the selling over the last few days, the profit warning is history and the missed revenue should boost the current year which we'll already be a quarter of the way through when they release the numbers. Increasing the divi by 30% was confirmation to my mind that things are ok. Plus the strong balance sheet, reorganisation mostly behind them now and word (according to ST) that they're kicking off 2015 with an increased client list and a lot of work to get through before the election gets close. Equity Devs forecasts EPS of ~8p for the current year makes a PER of 10 but if you take out the 7m cash it's less than 7 which seems like good value unless there's something serious we don't know about.
paleje
12/1/2015
08:36
Have you chased them, G2, brief follow up email might explain. Agree at face value poor service but might be an explanation.
paleje
12/1/2015
06:10
Went onto WHI's website about 10 days ago to request details of their private client stockbroking services. Just filled in the online form and send it off. Still no response. Pretty bad customer service imo.
gargoyle2
05/1/2015
17:47
5th Jan. Got (second) another 15k at 90p. No point in over-paying
tanelorn
02/1/2015
19:31
Topped-up 15,000 at 90p courtesy of my broker. Tried for more, but alas no!! Not enough going cheap!.
tanelorn
05/12/2014
09:45
Flurry of IPO's in early new year according to Numis. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11272723/Numis-expects-more-IPOs-to-come-in-the-New-Year.html
paleje
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