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Sunday share tips: Direct Line, Laird, Brewin Dolphin

Sun, 28th Feb 2016 14:58

(ShareCast News) - Direct Line shares are worth holding, said the Sunday Times' Inside the City column ahead of Tuesday's annual results for the insurer. Full year profits are forecast to have reversed moderately, but things look better going forward, with a new online marketing campaign launched last week with 20-something online blogger Alfie Deyes. Deyes, famous with millions of 16-19-year-olds on YouTube for his Pointless Blog, has been signed up as a marketing tool, taught to drive and insured on the company's telematics policy for a year.Competition for customers in the insurance industry has been cut-throat over recent year, driving premiums down and leaning some firms to admit defeat. But with some of these departures, premiums have begun to bounce back, with analysts expecting prices to have recovered towards the end of last year, which should filter through to profits later. The results will also provide an opportunity to hear details on UK flooding costs and December's loss to rival RSA of a big Nationwide contract.Avoid wealth management companies like Hargreaves Lansdown, St James's Place, Old Mutual and Charles Stanley, says Questor in the Sunday Telegraph, though Brewin Dolphin has potential. They are difficult to compare, however, with FTSE 100 giant HL focused on retail investors, ISA and pension savers, while the others are generally focused on offering a more active service to the more prosperous. The cost-cutting slide towards internet services can be dangerous, with the City watchdog warning recently of the need to ensure customers are given appropriate advice.The recent months of extremely choppy stock markets have hit share issuances, a key revenue-generating service for these companies. Shares in Brewin Dolphin have fallen sharply but looks to be recovering under new management. HL shares are changing hands for what seems an overly demanding p/e ratio of 37. Charles Stanley is also attempting to turn itself around though until a progress becomes clearer it is best avoided.Shares in Laird are a buy for the long term, according Midas in the Mail on Sunday. Laird's main customer is Apple, to which it supplies technology that protect electronic components from heat and electromagnetic interference, with Samsung and other smartphone makers also important clients, means it has suffered in recent months due to the hot competition in the smartphone industry. Laird has been expanding its end markets and client numbers in recent years, including other telecom technology, automotive, medical and consumer goods industries.Aerials are also big part of its business, especially to car makers with the rise of the 'smart car'. Another area that is expected to boom is the 'internet of things' (IoT), which connects objects wirelessly as part of smart-home technology for example. With the number of internet-connected devices to more than triple over the next four years, Laird is better positioned to cope with slowing iPhone sales and concerns about global economic prospects.
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9 May 2019 11:07

Senior roles at risk as Charles Stanley looks to streamline business

(Sharecast News) - Wealth manager Charles Stanley has announced plans to cut senior management roles as it looks to streamline the business.

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6 Mar 2019 16:51

Charles Stanley Group Raises Oxford Metrics Stake To Over 10% (ALLISS)

LONDON (Alliance News) - Financial software firm Oxford Metrics PLC said on Wednesday Charles Stanley Group PLC has boosted its stake by 4%.In a transaction Tuesday, Charles Stanley upped a

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23 Nov 2018 14:21

DIRECTOR DEALINGS: Charles Stanley Chief Executive Purchases Shares

LONDON (Alliance News) - Charles Stanley Group PLC said Chief Executive Officer Paul Abberley acquired shares in the investment management company in a transaction on Friday.Abberley bought

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23 Nov 2018 13:13

Friday broker round-up

(Sharecast News) - Kingfisher: Goldman Sachs downgrades to neutral with a target price of 270p.

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22 Nov 2018 12:07

Charles Stanley Interim Profit Drops But Managed Funds Increase

LONDON (Alliance News) - Charles Stanley Group PLC on Thursday reported a drop in interim profit but the wealth manager increased its funds under management and upped its dividend the six months a

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24 Jul 2018 13:28

Charles Stanley funds under management up 4.6% in first quarter

(Sharecast News) - Charles Stanley posted a jump in first-quarter funds under management on Tuesday, driven by a positive market performance.

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24 Jul 2018 13:17

Tuesday broker round-up

(Sharecast News) - Britvic: Shore Capital Markets downgrades to hold.

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13 Jun 2018 09:49

Charles Stanley Hikes Dividend By Third As Revenue Rises In Full-Year

LONDON (Alliance News) - Charles Stanley Group PLC on Wednesday raised its dividend following strong revenue and profit growth in its recently ended financial year.Charles Stanley lifted by

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22 Mar 2018 18:10

Charles Stanley Holds 5.0% Interest In Portmeirion (ALLISS)

LONDON (Alliance News) - Portmeirion Group PLC said on Thursday that Charles Stanley Group PLC now holds a 5.01% interest in the company in a transaction on has not been what

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31 Jan 2017 08:03

Charles Stanley Sees More Trading And Improved Revenue In Quarter

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24 Nov 2016 08:50

Charles Stanley Shares Jump As Profit Surges And Funds Grow

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8 Sep 2016 11:16

Charles Stanley sells Luke Street lease for £5.6m

(ShareCast News) - Investment management company Charles Stanley has sold its long lease in Shoreditch for £5.6m as part of an office consolidation. The firm exchanged contracts for the sale of the 35 Luke Street property's lease on Thursday and the proceeds will offset the one-off costs involved in

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30 Aug 2016 11:57

DIRECTOR DEALINGS: Charles Stanley Director Sells Shares

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21 Jul 2016 08:02

Charles Stanley On Track For Year With Funds Under Management Higher

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16 Jun 2016 17:08

Broker tips: Charles Stanley, Playtech, Berkeley Group

(ShareCast News) - Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its ta

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