Blanketstacker
30 Oct 2017
Ouch! [link] may be involved in money laundering.
PMP1
18 May 2017
Re: STM SP yo yo ing If you look at the price 35.50 it hasn't changed, it's just the "change" number that varies. The price hasn't changed on my Sharescope chart also since 28/04/17.
jayrocks
18 May 2017
STM SP yo yo ing Does anyone know why the SP is yo yo ing +/- five to six % ?Its been doing that for quite a few days but I have not seen or heard of any other activity or any news .
Ripley94
10 Mar 2017
Re: increased my holding today You still holding Zulu ?
Ripley94
10 Mar 2017
Re: Budget brings in 25% tax on QROPS Steve More on share prophets says hold. ( Friday 10th two days after )A budget wack for this one.
noidea1960
08 Mar 2017
Re: Budget brings in 25% tax on QROPS you don't think it is material but you encourage panic sells????Hmm I assume you have now bought back more at lower price???From my limited research I have bought more.
gretel
08 Mar 2017
Re: Budget brings in 25% tax on QROPS Oops - pressed Buy instead of Sell 
))
gretel
08 Mar 2017
Budget brings in 25% tax on QROPS The Budget has introduced a 25% tax on QROPS - but supposedly only a minority of transfers will be affected. I took caution as the better part of valour (or whatever the saying is) and sold out at a good profit. STM really need to get a statement out quickly about this:[link]
gretel
19 Jan 2017
Bouncing nicely today Yet at 48.5p it's still extremely cheap given:- 5.9p EPS forecast this year- a 2p forecast dividend- a forecast £9.1m cash pile at 31/12/16, against a £28m m/cap
gretel
16 Jan 2017
[link] prophets.com/views/26515/stm-group-full-year-trading-update-how-s-recovery-from-h1-profit-warning"I concluded in August on shares in cross-border financial services provider, STM Group (STM) that for those looking for a small speculation, I reckon you could do a lot worse – and reiterated that in October. The company is now “pleased to announce a pre-close trading update”…This is with, despite a first half-year profit warning, pre-tax profit to match 2015’s £2.7 million. The announcement adds that “the integration of the acquisition of London & Colonial made in October 2016… continues to run smoothly, with the anticipated integration gains and contribution to profits expected for 2017 starting to come to fruition” and that “the pricing initiative taken by the board in the earlier part of the year has significantly increased the take-on of new business for its QROPS international pensions product with new policies for the second half of the year up by circa 50% on the first half of the year and 27% on the second half of 2015”.This is significant since, whilst the pricing results in a reduction in first year profitability, the increased business means increased recurring revenue for future years, with the company concluding that this leaves it “well placed to deliver significant growth in revenue and profit in 2017”. The shares were 38.5p on my August review and 48.5p on my October one, though commenced this year falling back towards 40p.However, they are currently back up at 47p on the back of the latest update. This though still only means a market cap of circa £28 million – which continues to look good value, particularly given the stated 2017 outlook. I continue to rate the shares a speculative buy."
gretel
13 Jan 2017
Positive article on STM Graham Neary, Paul Scott's small cap write-up partner, likes STM:[link] (LON:STM)No. shares: 59.4mMarket cap: £26mTrading UpdateAnother "in-line" trading update (generally, I will cover trading updates more briefly than results statements, especially when they are in-line). The Board is pleased to announce that the Group has traded in line with market expectations of profit before tax of £2.7 million for 2016 (2015 actual: £2.7 million). Kudos to the company for quantifying market expectations in this announcement, rather than inviting readers to look it up somewhere else. Some positive sounds that growth might ramp up in future years, after the flat result in 2017: As was anticipated, the pricing initiative taken by the Board in the earlier part of the year has significantly increased the take-on of new business for its QROPS international pensions product with new policies for the second half of the year up by circa 50 per cent on the first half of the year and 27 per cent on the second half of 2015. As previously indicated, whilst this strategy resulted in a reduction in first year profitability, it does result in an increased level of recurring revenue for future years. This leaves STM well placed to deliver significant growth in revenue and profit in 2017. QROPS is a type of overseas pension scheme, which is a bread-and-butter product for STM (a cross-border financial services provider, catering to high-net-worths and corporates). Checking the STM website, I see they are offering a "zero establishment fee" on QROPS until March 2017 (and presumably until after then, if it is working?) Tolerance of short-term losses on customer acquisition and customer set-up is a key part of the competitive dynamic in some industries. It looks as if STM have realised that their business model still works with higher losses per customer on set-up.I have seen first-hand how some businesses will accept customers which won't become profitable unless they stick around for 5-6 years. That works sometimes with long-term products, e.g. with pensions and other financial policies which could be in force for several decades.STM shares look good value to me against profitability, and the business looks to be in pretty good shape. So I'm not sure what the "catch" is yet. There is usually a catch!"
gretel
12 Jan 2017
Re: Good update, strong online Finncap have a 65p price target (the price is now up to 48p). They're very positive and say STM is a "unique opportunity for investors to be able to buy this quality situation", given 50% growth this year to 5.9p EPS and with a 2p dividend.Worth noting also that STM should have a year end cash pile of around £6m-£7m even after the initial LCH acquisition payment (with some obviously required for regulatory requirements), against a £29m m/cap.
gretel
12 Jan 2017
Good update, strong online I bought a very small holding here recently and then grabbed a further 20k first thing this morning. Good update this morning. Forecasts for this year after the recent acquisition are now for 5.9p EPS, with a 2p dividend. On that basis I can see a share price of at least 60p-65p if all goes well, compared to the current 42.5p.In addition, online this morning I could only buy a maximum 100 shares! Whereas I could sell my entire holding at a premium at 41.5p. So it looks like things are primed for further rises:[link]
Sambram
09 Aug 2016
Growth Ambitions finnCap update:"STM’s July FY trading update was occasioned by slower H1 trading and the impact of the group’s tactical reduction of establishment fees. Comfortingly, this morning’s trading update reveals promising initial progress from the pricing initiative, with July’s new business levels up 75% over the level prevailing for the first four months of the year. Placing events in context, STM is focused on broadening its introducer base and driving new business volumes, and as part of the process it chose to waive its new business establishment fee, providing a clear market positioning statement by the group. The impact on 2016 forecast PBT will be £1m and effectively rebases profit expectations for 2017 and beyond. The initial share price reaction was abrupt, but deducting £10m from the market cap to cover group cash and a nominal value for other group operations, the pension administration business at £9.0m is valued at 1.1x revenue and 3.2x operating profit... STM’s commitment to a value proposition in QROPS to drive growth is now clear and appears not to impair the group’s ability to support a growing dividend."from research tree
mcescher
27 Mar 2016
Interesting look at intrinsic value of STM Group The EPS growth is expected to be 23%. ([link] Anyone believe the analysts?
