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Where have the buys suddenly appeared from? This share usually only moves on news yet over the last few weeks has increased 20%. I think finally we may see some fireworks with this stock.
Just putting a post on here to break your run of posts 77, lol.
I'm still invested here but goodness me it is so boring to watch the share price do nothing. It's more or less predictable to click in each day and see it unchanged.
Their AGM is next week so let's see if anything from that can pop some positive momentum to this.
Not really checked this board for a while and disappointed to see the last post was mine! Is anyone still on this? I Notice a new broker but is this a previous broker re-instated? Someone give me some positive please......
What’s with the 25% spread at the minute? With dealing charges, it makes buying here needing a 30% lift to break even? Hardly surprising there is little to no activity again...
Appears to be a some activity today. Could the annual results be on the way? Pretty quiet for a while then a cluster of transactions today.....
Don't think I'm all things positive and complimentary on TAVI or on the BOD TTMaB, i most certainly am not.
I feel their Lighthouse adventure was a poor call and it also concerns me that Lighthouse still have quite a stake in TAVI, particularly with them being Quilter owned now, a direct competitor of TAVI (and a much bigger proposition than TAVI).
I'd also like to see a higher profile fund management team in place and an enhanced presence of the company in financial commentaries to promote their wares.
It's my only share in a pure financial stock at the moment so i feel im gonna try and sit this one out for better days. As for me being employed by TAVI or in PR, I'm not, but i am open to any offers that might make me some money as this share certainly isn't doing it for now.
An interesting response however I prefer to base my opinion on what the management have achieved and the only true indicator is the share price during their tenure. To put it bluntly your response sounds like either a PR job or you work for the company. It’s the type of stuff, dare I say excuses, that managers have used to cover their own inadequacies for years.
The share price has fallen 80% since launch, they have had six years at the helm, quite frankly it’s appalling.
That's a fair enough question to ask TTMaB.
For a start Brian Raven has a history of success. I believe he's very clear in what he wants to achieve and also believe he can be quite ruthless to get there (not a bad thing in my eyes).
The management team have got rid off or encouraged out, the advisers who weren't profitable for the company. They appear to want bigger producing advisers and ones that utilise TAVIs own investment propositions, hence increasing their funds under management.
Introducing a fund with a high level of capital protection and still with reasonable growth potential (backed by Morgan Stanley) i feel was excellent timing with the market falls we seen. The clients in these funds will be happier than most equity investors recently.
As for the potential of FUM increasing, their Capital Protected fund I see as a very attractive option for clients. Deposit savings rates are the lowest they've ever been and customers will want other options for higher growth potential. At the same time they may not be prepared to jump into the equities arena without any protection at all.
My concern with TAVI is that although they see themselves as taking over other companies and increasing their FUMs, I see them as a takeover target themselves at some point with some of the bigger DFMs or networks.
I'd want to see quite a rise in the share price before that might happen.
All just my thoughts. It will be interesting to see how this pans out.
TTNY, I am curious why you remain positive about the management team?
Have you seen the decline of the share price since 2014? The management team are the same and during their tenure the share price has fallen 80%. Goodness knows what it would take for your to lose that positivity?
Dividends- I suppose it all depends what is in the annual results. As these are up to March 31st, I'd like to think the forward/upward trend has continued... As much of the profit is driven by FUM and recurring income, these quarterly increases should surely dictate further or accelerating profit? There was talk of cost cutting also in previous reports, so more FUM and less costs surely dictate high profit? Unless I've missed something? But then the share price has reduced continuously for years despite rising FUM, so who knows.... I never thought we would see below 4p once upon a time so 1.4p and the current market cap is hard to understand.
I'm not sure the dividend reinstatement will occur with the uncertain market conditions at the minute. I'm also not convinced the dividend announcement was anything other than for positive PR reasons and to get the stock more noticed in the AIM marketplace (as it was a very minimal dividend amount).
There's nothing wrong with positive PR and I'm all for promotion of the stock. Personally though I'd rather the dividend was brought in at a time when there was more confidence that it could be maintained for the medium to longer term, rather than started and then stopped again.
I still remain very positive on this share and the management team in place to take it forward.
All in IMHO
this could be the precursor to final results ( which are a month late compared with last years ) and maybe- reversing the decision in the April RNS not to pay dividends ????
If a positive trading update with absolutely no data provided can give a 20%+ uplift, then im looking forward to the result some actual positive data can provide.
The Protected fund certainly seems to have performed in recent times and I imagine will have caught the eye of investors. Particularly when there's the volatility and uncertainty still in equity markets this could be a very good option for cautious investors still wanting growth potential above deposit savings rates.
Fingers crossed the FUM will make good reading when released.
So it’s not the annual reports, or news of the FUM, but a positive announcement. Not sure why it isn’t showing yet on the RNS but a trading update is clearly there. Maybe the start of a positive climb..... still a long way to go, but it’s a positive step.
Onwards and upwards....
Way hey ! I wonder what's happened today to put this up a bit ?. It's sat doing nothing for quite a while now.
Yep I do agree ‘TTNY’.
The protected fund currently has a great opportunity to show what is worth is in the current market. Many investors must have seen loses staying invested.
The law society..... that’s another link up that appeared to have gone quiet. I am also extremely eager to see the levels of FUM and what new monies have been attracted and from where....
News should be anytime I’d imagine. Good luck
Im keeping my fingers crossed here Inv1977. It will be interesting to see how their link up with the Law Society has progressed so far with attracting new monies in.
Their Protected fund has held up well with the market falls recently and going forward it will also be interesting how this fares. Bearing in mind the recent volatility and future uncertainty , will investors see this as an attractive option for growth potential with a level of protection, or do they stay full on in 100% equity type funds for the higher growth opportunity. Time will tell.
What, hang on a minute.... You don’t mean keep people updated about progress? That’s a ridiculous idea.
The only communication I enjoy reading about are regarding further shares for management or dare I say dilutions. It cheers me up no end.
Come on, who is interested in updates about trading or FUM?
In all seriousness the annual reports and figures should be out anytime shouldn’t they? Just looking at last years RNS and it was mid May when they were produced.
Something that provides an updated FUM would be good though.
With the recent falls in markets obviously the Tavistock FUM will have decreased. Are there any sites where we can actually see an up to date figure for funds under management ? Thanks in advance.
Significant pay cut?
I assume this will be inline with the share price drop from 7.5p to 1.4p? Then we are truly in this together......
There is still no news on how much new monies have been invested into this protected portfolio. Would be interesting to see the inflow, and more importantly from where? Ie, new money or from other Tavistock portfolios. I haven’t seen any mention of this fund/portfolio anywhere other then on here. So how are joe public meant to access it? Unless you are a select few in the know or study these boards you would have no idea.
Quote in the RNS
“ The key measure of leadership is how well it performs under difficult circumstances”.
Well explain your failings of the last 6 years when conditions were excellent, this share price is a joke and now we can look forward to the excuse of the pandemic for another few years of failure.
This BOD's have had 6 years at the helm. What have they achieved? The share price is the true barometer and at these levels has fallen by 80%. 80% in 6 years in which time they have continually diluted along with their mates.
When will you start performing BODS ????????????????????????????????????????????????????????
Top lads must be struggling. They did so bad out of previous dilutions they obviously needed a top up. I’m sure some of the staff would have happily accepted a share or two during these challenging times.
Will this investment allow the removal of the loan facility which was put in place for market adequacy purposes or is that still required? It would be good to see how this protected portfolio has compared during these times of madness, and also a indication of new monies it has attracted rather than rebalancing from other Tavistock funds. What is the full FUM now across the whole Tavistock offerings now? Hopefully this investments gives some forward movement now and some much need positivity
The share price does not reflect the value of the company. Market capitalisation of £11m and the business made £1m in first 6 months , the company is doing all the right things A deserves a significant price lift
Well the results are out. Made much better reading than I thought following the constant Drop of the share price. Good to see FUM management continuing to rise and hopefully now the overseas and law society options can attract the investment levels expected. I had a quick read through but will try and digest it all later.