Xps Pensions Share Discussion Threads

[scottishfield] 23/11/2023 08:45:33

A very good half year report I thought. RBC raises to 255, outperform.

[robsy2] 14/11/2023 14:28:46

Nice work Tom. The significance of this passed me by a bit. Great news.

[74tom] 14/11/2023 12:02:32

As per the annual report;

Pension Administration revenues rose 10% to £57.5 million (FY 2022: £52.3 million) helped by new client wins including Peugeot and BAA and a full year of our outsourced
contract with IBM. The wins saw the number of members we have under administration surpass the one million mark for the first time."

Yesterday's RNS;

"The Scheme covers nearly one hundred and sixty-five thousand members."

Assuming 1m members at the start of FY24, that worked out at revenue of £57.5 per member. Based on that yesterday's contract was worth ~£9.5m per annum.

Looks odds on to result in a further upgrade to FY24 expectations...

[kalai1] 17/10/2023 13:34:48

XPS Pension plc issued a post close trading update for the HY ended 30th September this morning. Strong trading momentum from H2 last year has continued and HY Group revenues have grown 23% year on year to £94.5 million, 19% organically. Strong demand across all the Group’s services, new clients, and the inflation-linkage of contracts across the business all contributed to the growth. Guidance was positive, valuation is average with forward PE ratio at 14.5x, while the share price remains in a solid uptrend. The balance sheet is also reasonably healthy. A pretty solid investment case. BUY...

...from WealthOracle

[babbler] 17/10/2023 09:42:17

Given up on the other one then have you?

[blackhorse23] 17/10/2023 08:23:47

Out now & going to buy GATC

[eeza] 17/10/2023 07:56:26

Looks all on track & ahead of expectations.

[melody9999] 17/10/2023 07:56:06

Yes - looks very positive to me

Canaccord target price raised to 262p

[robsy2] 16/10/2023 09:45:07

It looks like we are in for a very positive trading update tomorrow.

[wessie] 29/9/2023 13:15:21

Will probably hang on for a while, shame it hasn't held above 200 today.

[charlotte2020] 28/9/2023 18:49:54

Ticking away nicely here. Shares still look good value. Wouldn't be surprised to see a takeover. Given recent bids everything is up for grabs

[robsy2] 28/9/2023 18:44:06

My fear is an opportunistic takeover. XPS would make a tasty morsel for a US or other corporate that wants to buy a leading UK company in the lucrative pensions business.
Strong hold for me.

[melody9999] 28/9/2023 17:27:10

at the momment it seenms like things going down keep on going down. fortunately here the opposite is true! staying with it.

[wessie] 28/9/2023 17:08:57

Yes, time to be worried!!!!!
Very quiet here considering how well it has done this year.
Having bought at 1.21 wondering if it time to take profit.

[robsy2] 28/9/2023 16:18:40

This is hitting a new all time high.

[scottishfield] 04/8/2023 16:35:38

V good rebound today.

[robsy2] 14/7/2023 07:37:30

This looks like a great deal for XPS, now and going forwards.Also a note saying that XPS generally continues to perform strongly. This should hit the all time high soon enough.

[volsung] 06/7/2023 09:09:40

Took the plunge here

[melody9999] 25/5/2023 11:31:47

Anyone attend the CMD yesterday? Perhaps virtually? Any feedback?

[melody9999] 17/5/2023 09:59:20

Dunno but I've added a few more at 168p - showing as a sell.

[robsy2] 17/5/2023 09:57:50

Answer, no. I see it hit 190p ish in 2017, nevertheless good progress here.i wonder if some of the proposed pension changes being mooted could help XPS?

[robsy2] 17/5/2023 09:54:19

Is that an all time high i see before me?

[robsy2] 22/3/2023 07:34:41

Excellent update. EPS up 5% on previous forecasts. Should be a good day today for XPS. New price target 210p.

[thrugelmir] 14/1/2023 11:01:54

Top sliced my holding. Went overweight when the stock dipped last year.