STM Group

STM: 48.50 0.00 (0.00%)

Delayed:2018-02-16 16:57:08
Bid Price 47.00 High Price 48.50
Ask Price 52.00 Low Price 48.50
Open Price 48.50 Spread 10.10%
Prev Close 49.50 Volume 4,522.00

STM Group Share Price Chart


Historic - 1 year

STM Group Share Price Information

Name STM Group Epic STM
Sector Financial Services ISIN IM00B1S9KY98
Activites STM Group plc is a multi jurisdictional financial services group which is listed on the AIM Market of the London Stock Exchange. The Group specialises in the delivery of a wide range of financial service products to professional intermediaries and the administration of assets for international clients in relation to retirement, estate and succession planning and wealth structuring. STM has operations in the UK, Gibraltar, Malta, Jersey and Spain. The Group is looking to expand through the development of additional products and services that its ever more sophisticated clients demand. STM has developed a specialist international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS), Qualifying Non UK Pension Schemes (QNUPS). STM has a Gibraltar Life Insurance Company, STM Life plc, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held. Security Type Equity

Key numbers

Latest Share Price (p) 49.50 Net Gearing (%) 7.51
Market Cap (£m) 29.41 Gross Gearing (%) 35.28
Shares in issue (m) 59.41 Debt Ratio 10.66
P/E Ratio 12.41 Debt-to-Equity Ratio 0.22
Divs per share (p) 1.50 Assets / Equity Ratio 1.55
Dividend Yield (%) 3.23 Price to book value 1.06
Dividend Cover 2.49 SROCE (%) 8.91
Earning per share (p) 3.99 EPS Growth (%) 0.00
52-week high / low (p) 62.50 / 32.00 DPS Growth (%) 66.67

STM Group Broker Views

Date Broker Rec. Price Old target price New target price Notes
24 Jan finnCap Corporate 48.50 65.00 Reiterates
18 Jan finnCap Corporate 48.50 Reiterates
17 Nov finnCap Corporate 48.50 70.00 Reiterates
30 Oct finnCap Corporate 48.50 70.00 70.00 Reiterates
12 Sep finnCap Corporate 48.50 60.00 70.00 Reiterates

STM Group Director Deals

STM Group Company News

Broker Forecast - finnCap issues a broker note on STM Group PLC

finnCap today reaffirms its corporate investment rating on STM Group PLC (LON:STM) and set its price target at 65p.

Story provided by

STM Group says profits will rise as expected

Cross border financial services provider STM Group said it had traded in line with market expectations in 2017.

Pre-tax profit would be no less than £3.8m, marking a rise from £2.8m in 2016, the company said.

At 8:12am: (LON:STM) STM Group PLC share price was +3p at 49p

Story provided by

STM Group appoints third-party investigator

STM Group said authorities in Gibraltar had agreed to allow a third party to review certain aspects of its business, rather than send in their own government inspectors.

The development meant that an appeals hearing initiated by STM against the appointment of inspectors would no longer take place.

Deloitte had been appointed as the third-party investigator, STM said.

The agreed scope of the probe would remain unchanged and would cover the effectiveness and oversight of the company's internal compliance function, corporate governance and controls, and an assessment of any potential conflicts of interest arising across the business.

In addition, the review would also cover areas relating to the pensions and life assurance business.

"The company confirms that, despite costs incurred to date and expected costs to be incurred in relation to this matter, its trading subsidiaries have not experienced any adverse effects to trading as a result of these matters," STM said.

Consequently, the company said it remained confident of meeting its expectations for the previous and current financial years.

"It is pleasing that the Gibraltar subsidiaries have been able to come to a workable solution with the Gibraltar regulator, rather than pursuing their case through the courts which, at the end of the day, is in neither party's interest," chief executive Alan Kentish said.

"We look forward to working with Deloitte and the GFSC."

At 1:56pm: (LON:STM) STM Group PLC share price was +8p at 42.5p

Story provided by

STM says Gibraltar court delays inspector appointment

Cross-border financial services provider STM Group said the Gibraltar Supreme Court has confirmed the stay of the appointment of inspectors until an appeal against their appointment is heard.

STM said the appeal has been set for January 22.

The order also varies the previous Privacy and Anonymity Order in order that the appeal proceedings shall be heard and determined in public.

Story provided by

STM updates on Gibraltar regulated subsidiaries

STM Group has confirmed that, after taking legal advice regarding the appointment of inspectors in respect of certain Gibraltar regulated subsidiaries by the Gibraltar Financial Services Commission ("GFSC"), the Company has been advised that there are strong grounds to appeal the appointments.

The subsidiaries have, therefore, filed and served an appeal against the appointments with the Gibraltar Supreme Court.

The appointments have also been temporarily stayed by Order of the Court of 8 November, pending the hearing of a substantive stay application by the Court which is scheduled to be held on 20 November.

The Court also made a Privacy Order at the hearing on 8 November 2017.

The Company also said the appointments have no impact on its ability to trade.

However, the appointments could have a material cost impact on STM if the subsidiaries' appeal is unsuccessful.

At 1:56pm: (LON:STM) STM Group PLC share price was -13.5p at 40p

Story provided by