W.h. Ireland Share Discussion Threads

[tomps2] 09/12/2021 09:33

WH Ireland (WHI) interim results overview by CEO, Phillip Wale - December 2021

WH Ireland’s CEO Phillip Wale presents a short overview of the Group’s half year results for the six months ended 30 September 2021.

Watch the video here:

Or listen to the podcast here:

[gargoyle2] 08/12/2021 17:59

I’ve watched the results webcast. Seems like the business is in better shape than it was two years ago, but still reliant on acquisitions for growth. Those will inevitably involve raising new equity imo (I’ve lost count of the number of new capital raises WHI has done in the last 5 years), in which presumably Polygon, M&G and the directors will get to participate at a nice discount. The webcast talks of lots on ‘investment217; in both divisions, but that really just means hiring more people. When is that going to stop, so that long-suffering shareholders can start to see the benefit? I forget when Polygon first invested here (2015?) – I wonder if they knew then that they would still not have exited nearly 7 year later. Surely they must be selling out soon?! I live in hope.

[tomps2] 08/12/2021 08:38

WH Ireland (WHI) interim results presentation - December 2021

WH Ireland CEO, Phillip Wale, CEO, Chairman, Phil Shelley, CFO, Simon Jackson & Head of Wealth Management, Stephen Ford, present the interim results for the period ended 30th September 2021.

Watch the video here:

Or listen to the podcast here:

[gargoyle2] 23/11/2021 11:29

Still no sign of the interims, even though I've asked the company. Director buying at 40p, 48p and 58p over the last year, so I assume the results will show continued strong progress..

[gargoyle2] 18/11/2021 10:07

Anyone know when the interim results are out here? 26 October last year. finncap had some decent figures today, so I'm looking forward to seeing whether WHI can carry on from the relative success of last year. Hoping this management team can be more consistent than previous managements.

News of an upcoming IPO which WHI is handing:

[gargoyle2] 08/9/2021 12:32

Looks like there's the ESOT's 50k for the month just been bought.

[gargoyle2] 30/7/2021 07:39

Charles Stanley sold to a US buyer. About time Polygon found a buyer for WHI too imo.

[tomps2] 15/7/2021 09:34

WHI Full Year 21 results overview

Phillip Wale, CEO, and Stephen Ford, Head of Wealth Management give an overview of FY21, the year ended 31st March. A strong performance from the Capital Markets Division and continued progress in Wealth Management has delivered the first profit in five years and has enabled considerable investment across the Group to ensure future growth.

Watch the video here:

Or listen to the podcast here:

[cwa1] 04/5/2021 07:43

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 10:48

Perky again

[gargoyle2] 16/4/2021 09:48

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 12:39

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

[tomps2] 09/7/2020 08:56

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!