Impax Asset Management Share Discussion Threads

[rambutan2] 17/10/2005 16:42

has dropped a penny. perhaps offers an opp to add a few. note that asset value added to their stake at start of sept. and two directors added a few at 9.25p recently. what really attracts me is the small mkt cap and the obvious growth potential of their specialist mkt.

[robsy2] 13/10/2005 15:58

Earlier this year the directors approved a generous share incentive package that gives them lots of shares provided the share price moves upwards. The effect of this is to dilute the earnings of the company.
The positive side of this is that the share price has to grow substantially for them to get the free shares so we all win here.
Overall I see this as a positive.
It looks like they have managed to achieve their first objective and are being rewarded. The share price has doubled in the last 3 months so I am happy as well.
Good luck to them
Robsy

[eircomnet] 12/10/2005 10:56

Rambutan thanks for that . Forgive my ignorance but can you explain any significance that might have. I have a very small holding in this stock. Thanks.

[rambutan2] 12/10/2005 10:52

purely for reference...

On 2 September 2005, Impax Group plc (the 'Company) received a subscription
notice from Sanne Trust Company Limited, the trustee of the Impax Group Employee Benefit Trust 2005 (the 'IGEBT') for 8,200,000 million new ordinary shares as part of the Company's employee incentive arrangements as approved at the Company's EGM on 4 February 2005. The potential beneficiaries of the IGEBT
include the executive directors and employees of the Company and their families.

Accordingly the Company has allotted 8,200,000 ordinary shares of 1p ('Ordinary
Shares'), subject to admission of the shares to trading on the AIM of the London Stock Exchange.

Application has been made to the London Stock Exchange for admission of the
8,200,000 Ordinary Shares to AIM. It is expected that admission will become
effective and trading will commence on 8 September 2005. Following allotment the Company will have 45,705,166 Ordinary Shares in issue.

IGEBT will be interested in 17.9% of the enlarged share capital of the Company.

5 September 2005

[grim] 16/9/2005 20:58

Thanks Ruski.

[robsy2] 16/9/2005 09:40

I was thinking last night that there is very little to stop this stock growing and growing.
It operates in a growth area. It has the people on board who know what to do.For me the focus is the fund management.
What excites me long term is the idea that there seems to be very little to stop them growing their investment funds as people continue to invest more in the environmental sector.
Investing in Impax, the company is a beautiful way to get geared exposure to the environmental sectora as a whole.
They manage £150million now and are probably now profitable.
Let's imagine that in 5 years time they managed £1 billion.Why not? it's only growing the fund by 40% ish compound a year. Increased fee income would drop down to the bottom line very nicely.We could see a really big hike in profits.Fee income would be in the region if £10-15 million a year. What would the net profit be? let's say £3 to 5 million a year.
Now bear in mind this company turned over 900,000 in the last 6 months, it has a long way to go but it has the team in place and the opportunity is there.I think they are well worth backing so I have bought a few more this morning. Also note yesterdays news that Keith Falconer the Chairman has bought a few more too, 609000 in fact!
Lucky man
all the best
Robsy

[russianlinesman] 10/9/2005 16:23

grim

the loan stock purchases at 136p were when the share price was 6-7p. The price for the convertibles (check out the lse) was above 200p last time I checked.

[grim] 08/9/2005 21:36

I have recently taken an interest in this. The Convertible Loan stock seems to convert into ord. shares at 22 ord. per £1 nominal of loan stock (per their last Report & Accounts)i.e. at equivalent of approx. 6.25p per share if loan stock cost 136p per unit. Perhaps explains why recent director buys were of loan stock and not shares and therefore a bargain if you want a cheaper way in. Also, loan stock pays interest until conversion which i think is soonish.

Anyone agree or have I got it wrong somewhere along the way?

regards,

GR

[skintvestor] 02/9/2005 16:33

Could do with the Daily Mail tipping a few more like this one!!!!! Almost doubled in 2 weeks of trading.

[strongbuy] 29/8/2005 21:32

no probs max

[strongbuy] 29/8/2005 08:15

thanks to this bulletin board i have helped myself to savings of over £320 per year on my gas & electricity bills!!!!

Someone told my to check out www.billscutter.com I did and signed up online!!

Do yourseves a favour, go there too .

[doublei] 27/8/2005 07:04

Market Maker Holding

RNS Number:5560Q
Impax Group PLC
26 August 2005


London Stock Exchange Regulatory Announcement

Publication of Market Maker Holding under Rule 2302

Name of company: IMPAX GROUP PLC
Relevant security: ORD 1P
Member firm: UBS INVESTMENT BANK
Percentage holding: 12.78%
As at close of business on: 25th August 2005



This information is provided by RNS
The company news service from the London Stock Exchange
END


We are not alone,UBS know a good thing when they see it!

[skintvestor] 25/8/2005 13:12

Director/PDMR Shareholding

RNS Number:4929Q
Impax Group PLC
25 August 2005


Impax Group plc


25 August 2005

DIRECTORS' DEALING


Impax Group plc (the "Company") announces that it has received notification
regarding dealings in the Company's securities:

Mr Ian Simm purchased #4,000 of Impax Group plc 5.5% Convertible Unsecured Loan
Stock 2009 on 24 August 2005 at an average price of 136p. Mr Simm's holding
following this transaction is #9,000 5.5% Convertible Unsecured Loan Stock 2009
representing 0.16% of the issue.

Mr Nigel Taunt purchased #4,000 of Impax Group plc 5.5% Convertible Unsecured
Loan Stock 2009 on 24 August 2005 at an average price of 136p. Mr Taunt's
holding following this transaction is #14,000 5.5% Convertible Unsecured Loan
Stock 2009 representing 0.57% of the issue.

END

[skintvestor] 22/8/2005 09:16

Wonder if the Mail article was hype, so some of the shares could be offloaded.

[nephin] 20/8/2005 16:03

Good write-up in the Mail today

[charmer1_23] 19/8/2005 17:40

Impax Group PLC
19 August 2005


Impax Group plc (IPX) announces first closing of €125 million fund and
appointment of chief executive

Impax Group plc ('Impax' or the 'Group'), the AIM quoted financial services
business dedicated to the environmental markets sector, announced today the
successful launch and first closing of Impax New Energy Investors LP ('the New
Energy Fund'), a private equity fund targeting investments in projects in the
renewable energy and related sectors, predominantly in Western Europe.

The New Energy Fund, which will be managed by Impax Asset Management Ltd., aims
to exploit the significant investment opportunities in Europe arising from the
legally binding European targets for renewable energy supply. The fund's
investment team will be led by Peter Rossbach, who has 18 years' experience
financing projects in this sector. The team has already identified many
attractive investment opportunities.

The New Energy Fund's first closing at €60 million has been supported by Dexia
Credit Local, the sponsoring investor and a leading provider of finance to the
energy and infrastructure sectors in Western Europe, together with several other
major financial institutions, including British Airways Pension Fund,
Co-operative Insurance Society, Universities Superannuation Scheme, and South
Yorkshire Pensions Authority. Impax, assisted by Dresdner Kleinwort Wasserstein,
the lead placement agent, will continue to market the fund to new investors with
the aim of reaching the target fund size of at least €125 million within twelve
months.

The new fund takes Impax's funds under management and advisory to over £150
million.

The Group also announces the following senior management changes. Ian Simm,
Managing Director of Impax Asset Management, has also been appointed Group Chief
Executive. Nigel Taunt assumes full responsibility for Impax Capital, the
Group's corporate finance business, while Melville Haggard has been seconded to
the Department of Environment, Food and Rural Affairs (DEFRA) to assist the UK
government in the implementation of its waste management policy. Melville will
remain on the Group Board and continue as a member of the New Energy Fund's
Investment Committee.

Keith Falconer, Chairman, said: 'The launch of the New Energy Fund is a major
step forward for the Group. Impax is now managing money for over fifty major
institutional investors in an exciting growth market. With scaleable products
such as the New Energy Fund and our open-ended fund, Impax Environmental Markets
(Ireland), we are well positioned for expansion. I am delighted that the board
has appointed Ian as Chief Executive, and look forward to working with him and
other members of the senior management team to grow the company.'

Ian Simm said: 'This is an exciting time for investors in the renewable energy
sector. I welcome the support of Dexia, our sponsoring investor, and all other
investors in the New Energy Fund, and look forward to announcing the fund's
first investments in due course.'

For further information, please contact:

Keith Falconer, Chairman - 07747 066637
Ian Simm, Chief Executive - 020 7432 2619



This information is provided by RNS
The company news service from the London Stock Exchange
SA

[robsy2] 29/7/2005 12:03

I am a holder of this stock. I liked the look of the investment trust IEM so I bought into that. It's doing very well.Following on from that I had a look at the company behind the fund and bought into that to.It is an absolute tiddler of a company worth £2million ish and it is still unprofitable but they manage £100million of funds and my feeling is that the stock must go up because I think they are set to become profitable soon and they might be brought out. My feeling is that if I was a fund management company who wanted to offer an environmental fund,(a high growth area), then the best way in might be to buy Impax,lock in the management team, (they seem to know what they are doing),and grow the fund.
I think I'm going to buy some more!!!
Robsy

[robsy2] 16/6/2005 17:25

yes they were all sold
Robsy

[robsy2] 16/6/2005 17:25

yes they were all sold
Robsy

[sagem] 12/6/2005 20:42

DOES ANYBODY KNOW IF THESE OIL ASSETS WERE SOLD TO SEFTON RESOURCES, THISD WAS WRITTEN IN 2002

Impax (IPX) managing director Ian Simm also confirms that the company 'is in the process of selling its oil assets', however he will not be drawn as to when this will be completed. US-based oil minnow Sefton Resources (SER) has expressed an interest in this regard in the past.

[robsy2] 26/5/2005 14:12

Latest results . Hang on in there!!


Wednesday, 25/05/05, 12:23


Impax H1 loss narrows as co hopes it can deliver further positive news in future




LONDON (AFX) - Impax Group PLC, a provider of specialised asset management and corporate finance, said its losses at the halfway stage narrowed as revenues rose, reflecting significant progress in both its divisions.
For the six months to March, the company posted a pretax loss of 250,000 stg against a loss of 350,000 last time, on revenues up at 951,000 stg against 891,000.

"I believe that the prospects for Impax are excellent as the environmental markets sector in which we specialise is growing rapidly and is increasingly topical," said chairman Keith Falconer.

He countered, however, that while Impax operates against a favourable background, its results are dependent on how successful it is in exploiting this.

"I hope that we will be able to deliver further positive news in the near future," he said.

[e-mail]

[robsy2] 23/5/2005 16:12

I will sit and wait for the time being.
With a market cap of a couple of milion it would be worth snapping up just to get your hands on the funds under management.
I'll give them 6 months ..
Robsy

[zho] 20/5/2005 08:38

>>So what is do be done zho? Should we winge to the company , wait or sell?>>

Hi Robsy,

No idea. I don't know the Company at all, but I was wryly amused to to read the PR years ago which said (I think) that Nigel Taunt was going to be in charge of IR.

[robsy2] 19/5/2005 16:37

So what is do be done zho? Should we winge to the company , wait or sell?
Robsy