With a highly encouraging 3p (+78% YoY) Q1 dividend announcement yesterday, we upgraded our forecasts meaningfully, by 7%/ PBT and 8% / EPS, taking our cue from a strong start to FY2021E on top of an excellent FY2020E (results next month). JIM provides a cost-effective and efficient trading offering alongside an outsourced settlements and administration operation mainly for wealth managers, including IHT and pension schemes, fund managers and stockbrokers. The two sides of the business are ver ....
24 Feb 2021
WHI Morning Comment: Jarvis Securities (JIM) - Powerful trading momentum, meaningful CY upgrades, 300p fair value
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
WHI Morning Comment: Jarvis Securities (JIM) - Powerful trading momentum, meaningful CY upgrades, 300p fair value
Jarvis Securities plc (JIM:LON) | 61.5 0 0.0% | Mkt Cap: 27.5m
- Published:
24 Feb 2021 -
Author:
Nick Spoliar -
Pages:
4
With a highly encouraging 3p (+78% YoY) Q1 dividend announcement yesterday, we upgraded our forecasts meaningfully, by 7%/ PBT and 8% / EPS, taking our cue from a strong start to FY2021E on top of an excellent FY2020E (results next month). JIM provides a cost-effective and efficient trading offering alongside an outsourced settlements and administration operation mainly for wealth managers, including IHT and pension schemes, fund managers and stockbrokers. The two sides of the business are ver ....