||EPS - Basic
||Market Cap (m)
|Charlemagne Capital Daily Update: Charlemagne Capital is listed in the General Financial sector of the London Stock Exchange with ticker CCAP. The last closing price for Charlemagne Capital was 12p.|
Charlemagne Capital has a 4 week average price of 11.58p and a 12 week average price of 10.21p.
The 1 year high share price is 12.25p while the 1 year low share price is currently 7.25p.
There are currently 290,885,616 shares in issue and the average daily traded volume is 78,901 shares. The market capitalisation of Charlemagne Capital is £34,906,273.92.
|rogerbridge: This looks interesting. Institutions are looking to emerging markets for long term gains and CCAP can offer a solution. Funds under management will increase as the markests go up and this in turn should encourage institutions to invest. CCAP do propose to pay an half yearly dividend. Going forward it seems to me that CCAP is cash rich, in the right markets and can grow the funds under management and share price. The dividend could well be in double percentage figures at todays price.|
|cerrito: An extremely impressive performance ; the comment that they will return substantial sums to shareholders via dividend and buy back ; a share price that is not high by recent standards and at current prices at an historic pe of 6x.
I have been in and out reasonably successfully in these in the past but not sure I want to go in again...main problem is that the performance fees were at $83.8m almost double the management fees of $43.5m and it will be difficult to repeat that performance.
Also despite their new products and a generally buoyant year for emerging markets new subscriptions were only $387m.
Interested to see that with fee income going up from $90m to $128m ie an increase of $38m, total bonus related expenses went up from $30.5m to $42.8m ie $12.3m, a profit share which I suppose is par for the course.
Anyway for now I think I will pass because of my concerns that the management fees will not be repeated, and given the rather subdued share price reaction it seems many others agree with me.
I would welcome other people's views on this.|
|cerrito: Their share price does not reflect the current high price in emerging market fixed income and equities- nor indeed the ashmore price.
I was looking to get back in but am put off by the fact that they have their AGM in the I of Man and thereseems to be no opportunity for retail investors to look management in the eye in London.
Anyone following this?|
|wiseacre: A bit mean Mr X to call Charlemagne a one trick pony given the number of funds it has established and the number of countries, private equity deals and opportunities available. A wall of money is pouring into Eastern Europe and asset values are rising. A further fillip will come next yeaer with the admission of Bulgaria and Romania to the EU.
I wonder whether the current indigestion in the share price is caused by sales of former director Peter Everington. If so the share price should soon recover and it is worth noticing UBS "stabilisation" mandate.|
Charlemagne Capital share price data is direct from the London Stock Exchange