Latest news with #shares
Yahoo
17 hours ago
- Business
- Yahoo
Toyota Group's Real-Estate Arm Plans to Take Toyota Industries Private
Toyota Industries' shares have risen sharply since late April, when the company said it had received various proposals, including one to take the business private.
Irish Times
21 hours ago
- Business
- Irish Times
Must I go to probate over dead relative's small holding of shares?
A relative of mine, who died some years ago, named me in their will as sole executor and, in that capacity, I have dealt fully and properly with her estate, with the exception of one small matter: the deceased had a small holding of shares (valued today at about €3,000), of which I only became aware recently. These shares are in the sole name of the deceased. Must grant of probate be applied for before they can be dealt with? Mr N. B. Being an executor is a more challenging role than many people expect and that is why you would like to think people ask whether others are happy to act in that capacity before putting their names down in their wills. READ MORE Of course, it is possible to renounce executorship, but most of us are reluctant to do so, not least as the deceased has placed their trust in us and it seems wrong to simply walk away – although that is very much what someone should do if they feel the role is beyond them. It is also why many people will nominate their solicitor to act alongside a friend or family member in the role. One of the big challenges for an executor is pulling together all the threads of a person's financial life – assets and debts – before (generally) seeking probate and then distributing any remaining assets to those named in their will. As you have discovered, it can be very difficult to track down all the strands of a person's life. We all know we should keep file or, even notes alongside our wills on assets and where they are, but we never do. You are far from the first person to be surprised by a long-forgotten asset. Probate is generally required and most often this is done by a solicitor on behalf of the executor, though it is possible in the case of very straightforward estates for an executor to make a personal application. There are some limited exceptions when you can bypass probate. This includes where the assets are jointly owned by spouses – such as the family home or bank accounts – and are transferring to the surviving spouse under what is called survivorship. In practical terms, this means these do not even form part of the estate and therefore probate is irrelevant. If the only asset in an estate is money amounting to less than €20,000 in an account that is just in the dead person's name then most banks will have procedures in place allowing it to be transferred without going through probate. There is also a process called the Small Estates Procedure for the management of estates that are, in total, worth less than €25,000. However, my understanding is that where the estate includes shares in a listed company, probate will be required. If you secured probate for the rest of the estate, you will need to inform them of this late-discovered asset and you will inevitably be required to file an updated listed of assets and debts. If you did not have to go the probate route the first time, these shares will now require it, as I understand. And that means the whole estate has to go to probate. It might well be something you require legal assistance with. Ironically, that could easily wipe out the value of these shares. The relevant value for probate, obviously, is not their current value, but the value at the time the person died. For anyone else going through an estate, it is always an idea to examine bank statements closely as this is where you might get a clue to the existence of shares through dividend payments – assuming the shares pay a dividend. Please send your queries to Dominic Coyle, Q&A, The Irish Times, 24-28 Tara Street Dublin 2, or by email to with a contact phone number. This column is a reader service and is not intended to replace professional advice
Yahoo
4 days ago
- Business
- Yahoo
Smiths News (LON:SNWS) shareholders have earned a 36% CAGR over the last five years
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For example, the Smiths News plc (LON:SNWS) share price has soared 241% in the last half decade. Most would be very happy with that. It's also up 15% in about a month. We note that Smiths News reported its financial results recently; luckily, you can catch up on the latest revenue and profit numbers in our company report. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Smiths News achieved compound earnings per share (EPS) growth of 16% per year. This EPS growth is lower than the 28% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that Smiths News has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Smiths News' TSR for the last 5 years was 371%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! It's nice to see that Smiths News shareholders have received a total shareholder return of 13% over the last year. That's including the dividend. However, that falls short of the 36% TSR per annum it has made for shareholders, each year, over five years. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. It's always interesting to track share price performance over the longer term. But to understand Smiths News better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Smiths News (at least 1 which is a bit concerning) , and understanding them should be part of your investment process. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Smiths News (LON:SNWS) shareholders have earned a 36% CAGR over the last five years
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For example, the Smiths News plc (LON:SNWS) share price has soared 241% in the last half decade. Most would be very happy with that. It's also up 15% in about a month. We note that Smiths News reported its financial results recently; luckily, you can catch up on the latest revenue and profit numbers in our company report. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Smiths News achieved compound earnings per share (EPS) growth of 16% per year. This EPS growth is lower than the 28% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that Smiths News has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Smiths News' TSR for the last 5 years was 371%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! It's nice to see that Smiths News shareholders have received a total shareholder return of 13% over the last year. That's including the dividend. However, that falls short of the 36% TSR per annum it has made for shareholders, each year, over five years. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. It's always interesting to track share price performance over the longer term. But to understand Smiths News better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Smiths News (at least 1 which is a bit concerning) , and understanding them should be part of your investment process. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Smiths News (LON:SNWS) shareholders have earned a 36% CAGR over the last five years
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For example, the Smiths News plc (LON:SNWS) share price has soared 241% in the last half decade. Most would be very happy with that. It's also up 15% in about a month. We note that Smiths News reported its financial results recently; luckily, you can catch up on the latest revenue and profit numbers in our company report. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Smiths News achieved compound earnings per share (EPS) growth of 16% per year. This EPS growth is lower than the 28% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that Smiths News has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Smiths News' TSR for the last 5 years was 371%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! It's nice to see that Smiths News shareholders have received a total shareholder return of 13% over the last year. That's including the dividend. However, that falls short of the 36% TSR per annum it has made for shareholders, each year, over five years. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. It's always interesting to track share price performance over the longer term. But to understand Smiths News better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Smiths News (at least 1 which is a bit concerning) , and understanding them should be part of your investment process. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
