W.h. Ireland Share Discussion Threads

[cwa1] 04/5/2021 06:43

From today's update:-

Phillip Wale, CEO of WH Ireland, commented:

"WH Ireland has had a very significant year of progress, returning its first full year profit for more than five years, delivering a substantial number of capital markets transactions, including two IPOs, and completing our first wealth management acquisition. The strategy set two years ago for turning around the Group has taken shape and has moved into the next phase; growth.

"The Group's financial position has become more robust, enabling investment in further organic and inorganic growth, particularly in building upon the existing platform now in place in Wealth Management. We continue to look for potential acquisition opportunities and new hires in both divisions as we benefit from the successful integration of Harpsden and the recruitment programme already completed.

"Working conditions over the last year have been extremely challenging and all our employees should be proud of the progress we have made and I wish to thank every client, customer and business partner for their dedication and support."

[cwa1] 16/4/2021 09:48

Perky again

[gargoyle2] 16/4/2021 08:48

Trading update next week>? For once< i'm feeling quite positive about the prospect!

[cwa1] 23/3/2021 16:59

Suspiciously perky of late...

[gargoyle2] 16/3/2021 15:26

Couple of chunky trades today.

[gargoyle2] 10/3/2021 16:40

Huge volume traded today, including trades of 1 million, 750k and 130k. Good volume yesterday too. Holdings RNS tomorrow?

[davydoo] 23/12/2020 11:33

So they've made an acquisition on the wealth management side, so how about on the corporate brokerage side next?

Arden partners looks interesting, especially since they just recruited their new head of capital markets from there.

[gargoyle2] 23/12/2020 10:24

The chart looks as if it might just be turning up here imo. New management seem to be doing a good job so far.

[cwa1] 23/12/2020 07:14

23 December 2020

WH Ireland Group Plc

("WH Ireland" or the "Company")

Completion of Acquisition

The Company confirms today that further to the announcements of 30 November 2020 and 18 December 2020, the acquisition of Harpsden Wealth Management Limited has now completed.

Commenting, Phillip Wale, CEO of WH Ireland said "We are delighted to announce the completion of the acquisition of Harpsden Wealth Management Limited which is in line with our strategic ambitions for WH Ireland. This transaction strengthens the Company's senior leadership team; increases our assets under management whilst enhancing our earnings, and adds a Chartered Independent financial advice business around which we can build our own offering. In addition it adds increased distribution by way of six additional advisers based in a new office. We look forward to integrating Harpsden within the WH Ireland group and welcoming their clients."

[tomps2] 30/11/2020 11:14

WHIreland to acquire Harpsden Wealth Management who have £250m AUM, and £140m assets under influence. Harpsden reported Revenue of £2.9m. Cost synergies expected of £0.6m. Assuming no further changes, the aquisition would increase WHI's pro forma AUM by 14% to £2bn. Total consideration £7.8m. Placing to raise gross proceeds of c £5.3m at 40p per share.

Here Phillip Wales, CEO & Stephen Ford, Executive Director, Head of Wealth Management outline the WHI plan for growth, and where the Harpsden Wealth Management acquisition fits into that.

Video:

Podcast:

[tomps2] 27/10/2020 08:12

WHI H1 20 results overview by Phillip Wale, CEO.

Profit for the first time in 5 years.

Video:

Podcast:

[gargoyle2] 15/9/2020 11:39

Down on very little volume... chart is atrocious.

[tomps2] 09/7/2020 07:56

WH Ireland (WHI) CEO, Phillip Wale gives an overview of FY20 results:



Costs reducing, have returned to profit in Q1 21, so delivering as promised. Turnaround on track.

[gargoyle2] 29/1/2020 16:24

OOh, a new 3% shareholder! And a bit of buying! And a tick up in price!

[gargoyle2] 24/1/2020 20:52

Some big trades towards the close. Oceanwood reducing further?

[gargoyle2] 06/11/2019 20:08

Good to see some directors and other insiders participating in the placing.

[gargoyle2] 06/11/2019 11:40

Another 'cut and paste from last time' placing announcement

[darrener] 06/11/2019 08:19

Another placing😱

[tomps2] 06/11/2019 07:27

Video: WHI H1 19 overview.

CEO, Phillip Whale outlines what's been achieved since he joined WHI about a year ago and how his strategy is starting to show in the results. He updates on the board appointments. Further, discusses the proposed placing to raise a minimum £2.5m, announced today.

[gargoyle2] 01/8/2019 10:48

https://portfolio-adviser.com/wh-ireland-bosses-vow-to-be-profitable-by-year-end-despite-11m-losses/

[davydoo] 31/7/2019 18:36

how did these end up? awful results

[tomps2] 31/7/2019 06:34

WHI FY19 results overview by Phillip Wale, CEO



Executing on the plan: reducing costs, retiring legacy systems and improving earnings across both divisions.

[gargoyle2] 19/7/2019 10:04

Results should be out soon. A few sells today. Leaking maybe?