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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Impax Asset Management Group Plc | IPX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 14.50 | 3.37% | 444.50 | 16:35:24 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 433.50 | 433.50 | 453.50 | 444.50 | 430.00 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Top Posts |
|---|
Posted at 23/11/2023 08:32 by edmonda FY results out next Wed 29th , and you can hear from the CEO and CFO on the same day: Webinar open to all investors at 1.15pm, simply register here to attend: |
Posted at 02/11/2023 12:23 by robsy2 I am now fully reinvested here.It's been interesting getting reacquainted with the company after selling out back in 2020. There are some bear points BEAR POINTS 1. Margins are under pressure in the wealth management sector so that is a bear point, but, IPX defends itself against margin erosion because they focus on B2B distribution and direct sales. 2. While passive investing with ETF’s have forced fees down , as a highly experienced , well-resourced and expert investment house, IPX argues that they add value and are worth the fees they charge because they offer superior performance. Their track record supports this stance. 3. Inflation and increased investment in people and a new office have eroded operating margins at IPX over the last 12 months as they gear up the business for expansion. 4. Markets may continue to slide, valuations may fall further and as such income may come under further pressure. 5. What will happen when company founder and CEO,Ian Simm (age57) leaves? I don’t see that as an immediate problem because he seems as enthusiastic as ever and is by character a driven man , a highly motivated, self-declared nerd, who is on record as being happy to continue and take the company to the next stage, thereby securing his legacy and improving the value of his significant holding of stock. 6. The only negative in the past has been the high price of the shares. The share price is much more attractive now and there is stock available. Earnings may have flat lined fro the time being and they could continue to stagnate, but the risk return looks favourable again with a safe 7% divided to be received while we wait for the cycle to change. ..but more bull points . BULL POINTS 1. Solid balance sheet ,highly profitable , highly cash generative, lots of cash, high margins, very scale-able business, modest rating, high and sustainable dividend, capable management, strong market position. 2. This is an investment in the growing transition to a more sustainable economy. We are putting our money behind the trend but at arms length. By buying into IPX as one of the global specialists in this area, we can profit from IPX’s ability to attract investors to their products. IPX’s range of product strategies almost overwhelmingly outperform their competitors over 1, 3 and 5 years. 3. IPX sees a big runway of opportunity , estimating that they can expand from 50b USD of AuM to 80-100b AuM just with their the existing strategies. 4. They continue seeding new strategies to continue expanding into other closely related thematic areas. To date, they have been adept at staying ahead of the pack in this sense. 5. IPX does something useful to investors and indeed humanity and they do it well. 6. IPX has been very mindful of developing their brand and ensuring that they are high profile thought leaders in and around sustainability. The Impax brand has no balance sheet value attributed to it but it is a powerful name that when combined with the investment performance adds considerable value to the business. 7. Impax has a very stable, experienced and settled team. It is a good place to work, indeed Ian Simm said that they have only ever had to sack one person in the entire history of the company! 8. Markets will recover and when they do, IPX is well positioned. We should see profits spike- up nicely. While we wait for this to happen, we can take a 7% dividend. I just think it has gone from super expensive to super cheap. So much for the idea that markets price things correctky . To have held since the peak at 1500p and see the value half in 2021 and then half again in 2022 to end up trading at 375p is terrifying. Seems like you can't just buy a quality company and hold forever either. Anyway , things look pretty positive here I feel. If they can get the Aum up 80-100% as they think they can then all will be well. I see an share price at an all time high again in maybe 5 years time. If that happens then we're talking an annual compound return dividends included, of around 25% a year.That will do it for me. |
Posted at 31/5/2023 07:55 by edmonda CEO reports 'a solid H1 despite challenging macroeconomic conditions'6 months to end of March saw: AUM +12% to £40.1bn, net flows of + £1.1bn, interim div 4.7p, EPS down to 17.2p after internal investment. CEO and CFO present at a webinar TODAY at 3pm, all investors are welcome - to join simply register here: |
Posted at 11/4/2023 07:27 by edmonda "Positive net flows continue, AUM +12% over H1’23" (new note from Equity Development)Impax maintained its impressive record of attracting and retaining client assets, with net flows in Q2-FY23 (to 31 Mar 23) of +£326m, achieved in a quarter characterised by further market turmoil and, no doubt, investor nerves. A strong investment performance of +£1.9bn was recorded. AUM reached £40.1bn, up 6% over Q2 and 12% over H1 (AUM end-FY22: £35.7bn). In the context of the wider sustainable investing market, we highlight that flows into sustainable funds were indeed far lower in 2022 than in 2021 but held up better than flows into ‘conventional& Our forecasts remain unchanged as does our fundamental valuation of 1,000p, 27% above the closing share price on 6 Apr 23. We think Impax’s PE ratio of 17.1 (peer group median 14.9) is undemanding and looks justified given is recent performance and growth prospects. Link to note with audio summary here: |
Posted at 09/2/2023 09:33 by orange1 That's a big jump from the figure at the end of December 2022 which was £37.9bn. Now on course to beat the all time high of £41.4bn reached at the end of December 2021. |
Posted at 24/1/2023 13:58 by melloteam Just to let shareholders and prospective investors know that Impax Asset Management will be one of the companies presenting on MelloMonday on Monday 6th February 2023 at 5pm.The event will feature Investment Director, Stephen English; company presentations from Newmark Security, i3 energy plc and Van Elle; and our popular Mello BASH (Buy, Avoid, Sell, Hold)! If you would like a half price ticket, use code MMTADVFN50. There are lots of interesting sessions and all annual pass holders and individual ticket holders will be sent the recordings within 48 hours of registering. For a limited time you can purchase a reduced Spring Annual Pass (May 2022-April 2023) that gives access until April 2023 for just £29! Use code AP29. Also includes bonus events and exclusive discounts to partner organisations. Click here to view our other upcoming events this year: |
Posted at 27/11/2022 18:28 by sharesoc ShareSoc Webinar with Impax Asset Management Group plc (IPX)15 December 2022 ShareSoc is hosting a webinar with Impax Asset Management Group plc (IPX) on 15 December 2022, which may be of interest to current shareholders or potential investors. Ian Simm, Founder and Chief Executive will be presenting. You can register here: |
Posted at 23/11/2022 11:39 by edmonda IPX - save the date - 30th November investor presentation!Impax Asset Management plc (AIM: IPX), leaders at investing in companies helping the transition to a more sustainable global economy, is pleased to announce that their CEO, Ian Simm and CFO, Charlie Ridge will conduct a live presentation reviewing their results for the 12 month period ended 30 September 2022. The event will take place on Wednesday 30th November at 3.00pm. The online presentation is open to all existing and potential shareholders and is free. Questions can be submitted before and during the presentation, and will be addressed at the end. Sign up to register here: |
Posted at 07/11/2022 09:09 by orange1 AUM is quite stable: £37.4bn as at 4 November, up from October. |
Posted at 13/6/2022 16:13 by davidosh We have a great show lined up for tonight and IMPAX are the first presentation...The full programme for the evening is here... Monday 13th June 2022, 5pm – 9pm Programme 5.00 pm Mello welcome and Company presentation by Impax AM with Ian Simm 5.30 pm Gervais Williams – Inflation changes everything – How the UK stock market could come to be the asset of choice for global investors 6.00 pm Nicky Foulston CEO at RBG Holdings shares her insights into the recent RNS concerning the share register 6.30 pm Paul de Gruchy presents – Alternative Funds: more than a safe port in a storm? 6.50 pm Company presentation by Hercules Site Services 7.30 pm Vector Vest 7.45 pm Specialist insight – Steve Clapham looks at The Wire Card Fraud 8.00 pm Mello BASH You are welcome to join and as this is no doubt important for you all to watch I am happy for shareholders to join for free using the code FREE1306 but please do not share elsewhere as this is a ticketed show and there will be hundreds of investors who have paid to join. |
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