i forgot to mention there were 2 significant developments in the last 2 months
https://finance.yahoo.com/news/jmp-group-announces-sale-majority-104500169.html
https://finance.yahoo.com/news/jmp-group-announces-change-tax-211500719.html
More CEO insider buying ... CEO of Jmp Group Llc (JMP) Joseph A Jolson bought 96,565 shares of JMP on 12/13/2018 at an average price of $4.55 a share. The total cost of this purchase was $439,371.
share repurchase extended , continued insider buying
Monthly dividends, 7.5% yield, book value of 5.05, ttm EPS of 34 cents.
1) Share repurchase extension
https://finance.yahoo.com/news/jmp-group-announces-extension-share-211500101.html
JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that its board of directors... login to read the rest
CEO, President, Director of Equities are all buyers.
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CEO Recent Trades:
CEO, 10% Owner Joseph A Jolson bought 36,395 shares of JMP stock on 10/29/2018 at the average price of $5.02. The price of the stock has... login to read the rest
Re: Re: Re: JMP and RJ Kirk love affair...liability?...If someone could ask at lunch
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Joe and Management own almost 49% of JMP shares. Joe has been buying shares too. I do not think he is that dumb to own so much and keep buying JMP if he has not
Enjoyed the write-up. Interested to hear the feedback from the lunch. Had a meeting with Jolson in '08 and came away very impressed. Have followed the stock casually since then. Recently bought a small position.... login to read the rest
On Wednesday June 20, 2018 1:30 pm the CEO is hosting a lunch at 450 Park (and 57th) in NYC to address the smart questions posted on this thread. I am not sure what the... login to read the rest
On Wednesday June 20, 2018 the CEO is hosting a lunch at 450 Park (and 57th) in NYC either 12pm or 1pm still TBD to address the smart questions posted on this thread. I am... login to read the rest
CEO said the investment banking/advisory business may hit 40 to 50 cents a share this year versus 31 cents in 2017 depending if markets continue like this.
https://www.nasdaq.com/press-release/jmp-group-reports-fourth-quarter-and-fiscal-year-2017-financial-results-20180214-01218
The Investment Banking+ECM+Advisory business did annualized 38% ROE.
"We had a better-than-expected fourth quarter, with operating earnings of $0.16 per share, which, for the first time since 2016, included a positive contribution from net corporate income... login to read the rest
See table below. Per the CEO's conference call notes, 2015-2016 were not the best years for Equity Capital Raising and CEO admits that they did not earn the dividend in some years but once the... login to read the rest
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