W.h. Ireland Share Discussion Threads

[paleje] 19/12/2013 12:08

ST just upped his fair value to 130p and target price from 90p to 120p, he tends to be conservative, expecting upgrades ahead of numbers in Feb.

[paleje] 19/12/2013 07:22

Yes a good statement, if frugal, almost reluctant to share the good news. I believe IC will cover them later today, that might add some detail.

[gargoyle2] 19/12/2013 07:13

Pleasing statement today. Should push these into the nervous nineties.

[paleje] 04/12/2013 16:26

Cenkos issued a trading statement this afternoon, from it this:-

"...On the back of improving economic conditions and corporate activity, we are pleased to report that our current level of trading is stronger than anticipated. Our out-turn for the year to 31 December 2013 in terms of revenue and profits is expected to be materially ahead of 2012's results and our previous expectations. We continue to increase the size of our corporate client base and have a healthy pipeline of work for Q1 2014...."

[paleje] 04/12/2013 10:10

Good numbers out from Brewin Dolphin this morning, profits up 22% on mainly client wealth management, and Numis yesterday massively increased on IPO and M&A activity. Cenkos shares are being chased at the mo.

I don't see why we wouldn't be sharing in, we have a strong asset value too probably 60% of market cap, I wonder if we might be attractive to one of the bigger players at some point.

[gargoyle2] 02/12/2013 10:20

Thanks paleje.

[paleje] 02/12/2013 09:36

FT this morning:-

...In the past few months the broking sector has begun to bounce back, and many groups have highlighted the strengthening of their initial public offering pipelines. Recent IPOs included Foxtons, the London estate agency, and housebuilder Crest Nicholson.
Among the small-cap brokers, FinnCap retained its lead with 94 Alternative Investment Market-quoted clients. Cenkos trailed in second with 83 clients, ahead of WH Ireland's 73...

[gargoyle2] 30/11/2013 08:25

November was definitely a busy month for the corporate group:



And take a look at the latest WHI Spy on the website: "According to
research from Dealogic, the 59 floats this year have raised an impressive $12.6bn; this compares to just $2.8bn across 35 issues at this time last year."

[paleje] 29/11/2013 15:21

I noticed an article in todays Aimzine bulletin about brokers changing fortunes, it's specifically about Cenkos but I'm sure relevant here also. I won't print the lot as they ask not to but it's free to sign up:-



Life has been particularly difficult for AIM Nomads and Brokers. Many of their clients have left the market and the level of money being raised had fallen away. In 2012 the total money raised from new and further listings on AIM was £2.56 billion. This was the lowest AIM "money raised" figure since 2003 and compares to the peak of over £16 billion raised in 2007. 2013 has been another poor year with only £2.5 million raised up to the end of October but things are picking up and the level of capital raising in recent weeks has been particularly encouraging. This is good for AIM brokers............

[gargoyle2] 29/11/2013 07:00

And now Whelan sells out his stake -- reckon it was the 1,037,073 sold yesterday (that's the number of shares he had, meaning that he's out completely now). A lot of changes on the shareholders register at the moment..

[paleje] 28/11/2013 15:37

Second RNS today was interesting, Gates has increased Oceanwood's stake, I think you're right Gargoyle2 100p doesn't seem unrealistic, I believe ST is going to update them in one of his columns soon too, that usually stimulates a bit but even without that a trading update next month should do the trick.

[gargoyle2] 28/11/2013 10:09

Interesting RNS today. The new 3% shareholder seems to be a senior guy in the WHI corporate department (check the WHI website under 'key people'), so he probably has a fair idea how the company is performing. It would be interesting to know over what period he acquired the rest of his stake. A good sign wnayway. For the chartists, the share price has just broken out above its 18 month high too. I can see these getting back to a quid pretty quickly. They were almost double that 6 years ago.

[gargoyle2] 18/11/2013 23:41

Thanks isalolly. I'm not sure that buying when you know that one investor wants to sell 5% and another wants to buy 5% constitutes insider trading.

[gargoyle2] 18/11/2013 14:30

Not surprised to see the price ticking up. I tried to top up this morning and couldn't get any more than 1000 at the 75p asking price, so ended up not buying. Director buys and Oceanwood Capital coming on board (for over 5%) have to be positive signs. Haven't managed to find out much about Oceanwood, other than it is has an 'event driven' approach to investment. Not sure what the particular event here is. Maybe Killingbeck's deal with the ESOP - that gives him some good targets to aim at.

[benson384] 16/11/2013 11:06

Rigged.......They must have a big carpet !!!! Investigations may still be going on, but unless it goes to court or censures issued we may never know.

[riggedmarkets] 15/11/2013 14:17

is this the co. were managers and/or dirs. left because of FSA investigation and insider dealing ?

did they get fined btw ....or was it all forgotten after they left their jobs ...and are they now back working at other UK financial houses ?

[gargoyle2] 15/11/2013 10:52

Nice director buy keeping the price firm today. Good to see.

[sportbilly1976] 30/10/2013 13:37

Handled the THAL placing announced today - £18.5mln gross proceeds

[gargoyle2] 15/10/2013 16:44

Never been exactly clear, but I read somewhere that there were certain trading irregularities. No idea if they are true or not.

[meijiman] 15/10/2013 15:31

so if the company did well during his tenure why get rid of him?

[gargoyle2] 15/10/2013 14:23

Nice RNS. Obviousy part of the settlement with Compton that they say how much the company advanced during his tenure. Good to see the back of him imo.

[peter27] 11/10/2013 17:57

All brokers must have been coining it today with RMG IPO!