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Tullett Prebon

Posted: November 4th, 2016, 11:05 am
by 77ss
It has been a good couple of days.

Yesterday, HSBC reiterated the buy recommendation, raising the target price to 460p from 440p.

Today's trading statement reads well - although a lot of it is down to exchange rates:

http://www.investegate.co.uk/tullett-prebon-plc--tlpr-/rns/trading-statement/201611040700063068O/

At the current share price (381p), the yield is 4.4%. Tempting to top-slice, having bought in at 291p, but I think I shall hang in there for a bit more.

Re: Tullett Prebon

Posted: November 6th, 2016, 12:27 pm
by Raptor
Also they announced on friday that they will complete deal with ICAP in a matter of weeks

.https://www.ft.com/content/bacd10e0-a26f-11e6-82c3-4351ce86813f

Sorry link not clickable. From FT.

Raptor