Xps Pensions Share Discussion Threads

[johnrxx99] 26/11/2024 02:49

New all time high following the director buy. May the progess continue.

[wisecat2] 21/11/2024 17:23

Thank you for the cheap shares whoever

[johnrxx99] 21/11/2024 07:19

Fantastic results imo. The importance of a pension is now ingrained in our culture and this investement has provided to be very successful for me - I just hope in this terrible UK market it's performance will be rewarded.

From the joint ceo:-

"We are very pleased with the first half performance of the Group. We have seen strong, profitable growth alongside further operational leverage as we have responded to high client demand, including in areas that we have invested in over recent years such as our risk transfer advisory capability and in public sector administration.

We have achieved many milestones, including the ongoing roll out of our proprietary new administration system, Aurora, and investing in our people, including making senior hires to drive future growth as we continue to broaden our advisory capabilities in an evolving pensions and insurance market.

Gaining entry into the FTSE 250 this summer was a big milestone on our journey. We are really excited about the future and are continuing to build on the positive momentum we have. I would like to thank all our people for the way they continue to support each other and our clients, we are very proud of them."

[scottishfield] 12/11/2024 12:46

Great rise here today, what an excellent company imo (holder).

[johnrxx99] 11/11/2024 03:56

Holding up well, all things consider. Interims 21 Nov.

[sevenccc] 16/10/2024 16:53

Would extending Employers NI to Pension Contributions put a cat among the pigeons here? Or would we ride it out without flinching?

I'll be surprised if they don't at least reduce the level of tax relief on contributions and remove the IHT exemptions for those dying before 75. Not that the latter will yield them much benefit over the next few years but a further addition to their money bag over time. Hopefully it won't have a great impact on XPS either way. Settled in for the journey here unless something changes dramatically. Nice to see a 15% rise to reinforce your convictions. Let's hope it holds.

[johndoe23] 16/10/2024 15:11

The Robbie burns way

[crazycoops] 16/10/2024 15:05

Averaging up tends to be a much better strategy than averaging down.

[villarich] 16/10/2024 12:23

FWIW I topped up this morning, doubling my holdings. I've had a lot of success topping up positions on days when the price jumps.

[pyemckay] 16/10/2024 09:27

i thought so too. XpS is a beneficiary of any pension changes. I had 2 bites at the cherry 206 and 308 over the years but I would seriously add again if i see a pullback.

[nfs] 16/10/2024 09:11

Surely the budget will be such that XPS will be benefiting?

[melody9999] 16/10/2024 09:09

Thought the Canaccord note was a cop out....or just lazy.

"Given the upcoming UK budget (30 October), we believe it sensible to err on the side of caution and wait for clarity on this event before refining forecasts."

Surely they should revise forecasts today based on actual company performance and outlook, and not what may or may not come from the Budget? After all, if the Budget throws something from left field that unexpectedly affects XPS (positive or negative) they can say this without egg on face.

...........But if they want to take this line, at least let us know what factors might be in the Budget that lead them to take this approach.

[johnrxx99] 16/10/2024 08:22

And a new high: hope it can close one.

[villarich] 16/10/2024 07:32

Always nice to see "ahead of expectations" in an update

[johnrxx99] 16/10/2024 06:38

You beat me to it. Like the last para:

The Board is pleased with the Group's performance in the first half of the year and, notwithstanding an even tougher comparative period in H2 is confident of achieving full year results ahead of its previous expectations.

[rik shaw] 16/10/2024 06:13

Trading update
The Group has continued to perform strongly with revenues from continuing operations growing 23% year on year.

"We are pleased to be on course for another strong financial performance for the year. We have seen good growth as we have responded to high client demand, including in areas that we have invested in over recent years such as our risk transfer advisory capability and in public sector administration. We grew strongly in the two prior years, so to achieve further like-for-like growth of over 20% in addition to that is very pleasing.

[scottishfield] 03/10/2024 08:56

Were some huge trades shown after the bell yesterday when I looked. They were i the 'buy' column.(holder)

[johnrxx99] 02/10/2024 14:51

Many thanks melody.

[robsy2] 02/10/2024 10:18

Thanks Melody
Maybe that explains the drift in the share price of late?I have a sizeable position for me, circa 8% of funds but am planning to stay put, pick up the divis and hopefully enjoy more growth in the share price over time.

[melody9999] 02/10/2024 09:23

Just listening to the Gresham House SEC presentation. I was aware from RNS they had been selling down their position in XPS. It had become overweight at over 20% of their portfolio ....100% more than any other holding.

They have now reduced to under 10% which is in line with other key position sizes. They retain their conviction in XPS 'have a positive outlook on the business over the next few years' which suggests to me they have likely finished selling.

[johnrxx99] 12/9/2024 15:04

Hugh buys going through and little price change.

[johnrxx99] 10/9/2024 07:10

The aggregate surplus of defined benefit (DB) pension schemes in the UK on a long-term targets basis remained unchanged at approximately £176bn in August, according to analysis from XPS Group.

At the end of the month, DB scheme assets totalled £1,462bn and liabilities stood at £1,286bn.

The aggregate DB scheme funding level continued to be “extremely positive” at 114 per cent of the long-term value of liabilities.