Ashmore Share Discussion Threads

[coolhandfluke] 09/2/2017 18:50

I guess it won't be long before the knockers tell us it's all smoke & mirrors to keep the share price down.

[the_equaliser] 09/2/2017 18:28

Suprised peeps have misses this - Profit before tax increased
94% to £121.5m; diluted EPS rose to 13.9p (H1 2015/16: 6.5p) and the interim dividend per share is maintained at 4.55p.

"Relative investment performance is strong with more than 90% of assets outperforming benchmarks over one year, and more than 80% over three and five years.

"This backdrop, together with favourable currency movements, delivered a 94% increase in Ashmore's profit before tax.

"While the US election outcome interrupted the improvement in sentiment towards emerging markets, the effect has been short-lived with asset prices strengthening into 2017.

"The combination of attractive absolute and relative returns, accelerating GDP growth, and low allocations all support the expectation of further strong performance in 2017 and a return to the improving flow trend seen for most of 2016."

Ashmore Group's assets under management stood at US$52.2bn at the end of December - down slightly from $52.6bn at the end of June but up 5% over the calendar year

[quepassa] 09/2/2017 07:49

Fantastic performance.

Surprised that they didn't increase the interim dividend on the back of the whopping 94% increase in PBT - hopefully they will for the full year.

But good going and a very positive Outlook.

All positive - expect Ashmore and its share price to motor forward this year.

ALL IMO. DYOR.
QP

[quepassa] 08/2/2017 08:07

Recovering very solidly from post-Brexit blues and late 2016 ( but temporary) EM sell-off.

ALL IMO. DYOR.
QP

[coolhandfluke] 16/1/2017 21:41

Time will tell.Let's see what they say about latest trend on 9th Feb.

[philo124] 16/1/2017 17:08

Update has reversed down trend.

[philo124] 23/11/2016 20:14

No. Will wait.

[coolhandfluke] 23/11/2016 11:23

I think you could be right Phil. Strange, when em's in the doldrums they are there for years but when people talk of them rebounding it lasts 5 minutes. Let us hope commodities strengthen to offset any dollar interest rate rise? Are you back in here now?

[philo124] 22/11/2016 20:23

Think we might see 260p thanks to Donald.

[coolhandfluke] 11/11/2016 09:39

Not had any profits to take as yet. Will continue to hold. A bit like my HSBC bought in at 676p and still waiting for a profit. Actually it's a bit like all my investments. C'est La Vie.

[garycook] 11/11/2016 09:25

I was correct QP.Comments please on the sell off !!! Looks like qvg took my advice.Sorry to see,but I did warn investor,s in ASHM to take there profits and invest in CLIG.

[quepassa] 31/10/2016 07:39

Odey REDUCE disclosable short again by another 0.10%.

Now down to 2.58%.

Total shorts continue to unwind steadily.

ALL IMO. DYOR.
QP

[coolhandfluke] 15/10/2016 14:37

As I have mentioned on this board before l bought in a few years ago at 410p and the price has been down ever since. I feel there is, with the resurgence of em's, a chance the share price will get back to previous highs so I will not be selling any time soon. Anyway, the yield even at my bought in price is much better than any normal savings account interest so I still may not sell. 5 year accounts offer a miserly 1.7% and no notice a/c's just 0.05%.

[quepassa] 15/10/2016 11:12

If you are not a Troll , how do you explain your sudden appearance on this bulletin board out of the blue with a very spiteful, revengeful and nasty post from just two days ago dated 13th. October, post number 313 above.

This is a copy of it:

QUOTE

Time to sell ASHM,and put proceeds into CLIG,better dividend also at over 6%.If Quepassa is ramping ASHM,then definetly time to sell.

UNQUOTE


As I have said before if you have a problem because my view is different to yours on Berkeley Holdings, that is where they belong and should stay.

Not by trying to get back at me or have a vendetta against me on other bulletin boards.

Alternatively, accept that the market is made of differing views and that different people have different views but don't post spiteful remarks like you did two days ago.


ALL IMO. DYOR.
QP

[garycook] 15/10/2016 10:11

coolhandfluke,I am retired and live in Thailand.Just to inform other poster,s I am not a Troll,and there is no vendetta againt anyone here on ADVFN. I am a holder of 25 FTSE stocks,and a serious investor.The article on Motley Fool is there honest opinion,and not mine.It get,s me angry when certain people post comments on other threads,for there own mean,s in regard to maybe shorting the share,and when it is done to them,they start throwing there toys out of the pram,like a baby !!!

[coolhandfluke] 15/10/2016 08:38

You guys are up early?

[quepassa] 15/10/2016 05:57

Just ignore posts from GARYCOOK. He has a vendetta from another board - Berkeley Group-. He is a troll.

ALL IMO. DYOR.
QP

[garycook] 15/10/2016 04:41

Article on Motley Fool worth a read,if you are a ASHM shareholder.

[coolhandfluke] 14/10/2016 14:45

I suppose existing European clients won't be too concerned if they are making money, which they should be. As to whereabouts of new clients well again, if Ashmore's offer is performing well it will attract new money. Perhaps Europeans won't have a lot to invest once we are out. Only joking.

[qvg] 14/10/2016 14:32

an article in yesterday's FT saying that Fund managers with mainland European clients are going to be hit hard by Brexit. Even worse for those who only currently have small European offices. Ashmore seems to be worst hit - highest % of mainland European clients (28%) and zero employees in mainland Europe

i have sold

[coolhandfluke] 14/10/2016 09:56

I was hoping to see new money coming in already but will have to be patient a little longer. Still expecting a good performance on their investments and the sp, the latter relying on the ftse holding up once we get further into Brexit.

[quepassa] 14/10/2016 07:38

Assets gew by a steady 4% or $2billion in Q1 due to investment returns.. A solid performance over the traditionally quiet Q1 summer period of June/July/August.

Increasing stability of Emerging Markets highlighted together with a positive outlook.

Importantly no net outflows.

Solid Q1 results. A good start to the year.

But my personal view is that September will have been a very strong start for Q2 .

ALL IMO. DYOR.
QP

[coolhandfluke] 13/10/2016 15:00

No ramping here just a change of fortunes for em's after a few years in the doldrums. I don't think it will be easy pushing past £4 as I have already stated could take 6 more months or so. But with a p/e of around 17 suggests some people are expecting better times ahead?

[garycook] 13/10/2016 10:27

Time to sell ASHM,and put proceeds into CLIG,better dividend also at over 6%.If Quepassa is ramping ASHM,then definetly time to sell.

[philo124] 13/10/2016 09:50

Got upgraded by US Broker House.