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LIO Liontrust Asset Management Plc

672.00
28.00 (4.35%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Liontrust Asset Management Plc LSE:LIO London Ordinary Share GB0007388407 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  28.00 4.35% 672.00 665.00 668.00 668.00 642.00 645.50 493,294 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 243.34M 39.33M 0.6160 10.84 426.18M
Liontrust Asset Management Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker LIO. The last closing price for Liontrust Asset Management was 644p. Over the last year, Liontrust Asset Management shares have traded in a share price range of 519.00p to 1,060.00p.

Liontrust Asset Management currently has 63,846,985 shares in issue. The market capitalisation of Liontrust Asset Management is £426.18 million. Liontrust Asset Management has a price to earnings ratio (PE ratio) of 10.84.

Liontrust Asset Management Share Discussion Threads

Showing 51 to 72 of 650 messages
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
04/7/2013
09:24
Interim Management Statement

Liontrust Asset Management Plc ("Liontrust" or the "Group"), the specialist independent fund management group, is today issuing its Interim Management Statement for the period from 1 April to 30 June 2013 (the "Interim Period").

Highlights

· Net inflows of £302 million in the Interim Period, over three times the equivalent period last year


· Assets under Management ("AuM") as at close of business on 28 June 2013 were £3.3 billion

· 8 out of 9 of our actively managed UK retail funds have out-performed the average fund in their respective sectors since launch or fund manager inception

· Liontrust has won another four awards in the Interim Period, including Liontrust Asia Income Fund being named Best Newcomer at the What Investment Awards

strollingmolby
17/9/2012
12:48
Will Henderson buy them out?
the weatherman
14/9/2012
13:16
These are due a re-rating.
Up that is.

the weatherman
23/5/2011
08:04
been watching this for a while, would agree that takeover could come sometime in the future but when who knows?
dannys
18/11/2010
12:00
Not only is this in play for a takeover, but it's getting good reviews for its funds and assets under management are on the up.
andrewbaker
18/10/2010
14:27
Liontrust will be bought: sooner rather than later. Any price fall at this time could be due to efforts to drop the price back prior to a bid. I'm long Liontrust and very happy to be so too.
andrewbaker
30/9/2010
09:07
Any thoughts of MAM Funds Plc (MMF) with the results out today? Liontrust Asset Management is valued at EV/FUM 2.1% compared to MAM Funds at 1.5%. Arbuthnot have issued a strong buy recommendation with a price target of 40p compared to the current price of 20p.
lgpixels
18/6/2010
12:56
We could bet on the management at 80p that they get it right but bringing new fund managers will either be expensive if they're "names" or will take time to prove themselves. Neither of which excite me. However, if they can stabilise their asset base (and at the end of the day there are always sleepy joes who hang around in a fund whatever the performance). So that leaves the question of a takeover. What would they pay. Back of my crinkly envelope says something like:

£1bn assets on which they take a post rebate 50bps - say £5mpa. Say the buyer can run these assets on an incremental basis for costs of £2.5mpa. Leaves £2.5mpa gross profit. Assume P/e 10 gives £25m. Current share cap £27m inc £20m of cash. So buyer could pay £25m or £18m over the current share price - or 66% premium. But assume assets drop to £750m and P/e only 5 and the maths goes to only about a 10% premium. And a billion isn't a lot for the overhead of running a deal.

More than happy for someone to imporve my envelope calcs and DYOR of course but looks to me like this isn't quite cheap enough despite the horrible history.

Thoughts anyone?

onehandeconomist
16/6/2010
08:57
Market does not lke the results. anyone any comments on the new managment or it just changing the driver of a car that has failed its MOT rather than a full repair ?

anyone any knowledge of the new managment?

pugugly
25/3/2010
19:07
Huge drectors buys here - surprised no one else is buying into this low.
scruffydave
16/6/2009
10:08
LONDON -(Dow Jones)- Liontrust Asset Management PLC (LIO.LN), said Tuesday that Schroders PLC (SDR.LN) is now interested in 7,948,772 of the company's voting rights (23.61%).
xlairways
14/1/2009
09:24
they don't leave for a year ? looking for a bounce in the share price myself. what are the odds on a hostile bid emerging now ? no ramp intended
value viper
14/1/2009
09:19
Kimboy I think the share has been oversold but you dismiss the importance of Lang to the Liontrust success at your peril. The Income fund has an excellent track record. The long term investor who has been in the 1st income fund since inception has seen their dividend income rise every year. Something that cannot be said of about 75% of income funds with a track record of more than 7-12 years.

Indeed the investment process used by Liontrust for the Income fund is named after Lang.

Current Divi yield is about 7% I believe which is something most cannot say about their savings accounts. Income funds are seen by many as a reasonable medium to long term buy at present, but how many people will want to support a fund that looks as though it may be just about to go into decline?

Hargreves Lansdown have already removed 2 Liontrust funds from their top 150 Wealth Funds list and a number of other advisers, IFA's etc will already be instructing clients to move funds or at least closely monitor the situation. A big exodus of Funds under Management will not help the share price cause in any climate let alone during the problems we are all facing at present.

Reason for leaving has been put down to differences of opinion as to the direction the Co should go in the future. Liontrust has been a predominately UK Equity Investment House but there have been moves to expand into International Funds, and they have been in merger or takeover talks. Either or both of these could be a factor. Whatever the reason I assume it must have been an important difference of opinion as these two are founder members of the Co (I think) as well as Directors.

baht
13/1/2009
23:05
These two handled 90% of the funds. They are, I believe, well regarded but their performance hasn't been stellar recently.

I suspect that there are plenty about able to do there job. The waters will soon close over them.

It would be interesting to find out why they are leaving. i presume it is something to do with the failed takeover.

kimboy2
13/1/2009
22:54
Kimboy,

I think that it all depends on the city's view of whether decent replacements can be found for the two super stars leaving. Their decisions are the assets of the fund if you see what I mean.

I just dipped in for 1K today, on the theory that they had been oversold. mind you I did that with woolworths as well!

scruffydave
13/1/2009
22:51
I have been watching some of these fund managers and got some Lio today as I thought it had gone too far.

I think this sort of company is heavily geared for an upturn, if or when it comes.

The figures from LIO were better than I thought they might have been and hopefully they will get better from here on in.

I have also been watching CCAP and thought their numbers looked a lot worse but the share price didn't move.

kimboy2
13/1/2009
16:14
Share price around NAV + £3billion+ fund management business for free?
sharpshare
24/1/2006
09:49
Ok time to fess up.

Dumped virtually all our position the yday. The price has been rising, weve got a nice little profit and so decided to cut and run. Wanted to raise cash for other investment opportunities and because I feel that the markets are somewhat jittery and thus more opportunities may crop up inthe not too distant.

Good luck to the other holders.

swalker
14/10/2005
10:45
This is very heavily tipped in the press today and there is a substantial rise in the share price.

Is there likely to be a turnaround? Opinions and comments are most welcome.

js.

jacsom
12/7/2005
07:12
Well, what a turnaround. 302.5p ex an 8.75p dividend.

Bifg trades yesterday at 300p. Could we be building to some form of resolution of an MBO? Of course, the speculation re Amvescap and Aberdeen's DAM purchase wil help.

The results were very solid, profitability remains good and it still looks cheap relative to the pack.

swalker
12/5/2005
13:28
Anyone know why these guys pay themselves so much money.

W

woozle1
10/5/2005
21:11
still drifting lower, any thoughts on when it will settle
foolishboy2000
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older

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