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ASTO Assetco Plc

34.00
0.00 (0.00%)
Last Updated: 08:00:02
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Assetco Plc LSE:ASTO London Ordinary Share GB00BQ2K3557 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 34.00 190,692 08:00:02
Bid Price Offer Price High Price Low Price Open Price
33.00 35.00 34.00 34.00 34.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 16.72M -26.7M -0.1874 -1.81 48.44M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:00:19 UT 6 33.20 GBX

Assetco (ASTO) Latest News

Assetco (ASTO) Discussions and Chat

Assetco Forums and Chat

Date Time Title Posts
31/1/202507:08Assetco rocking on since ASF takeover2,610

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Assetco (ASTO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:00:1933.2061.99UT
12:45:3334.00120,00040,800.00O
11:00:2033.009,7503,217.50UT
09:34:1034.002,800952.00O
09:00:4134.088,8022,999.72O

Assetco (ASTO) Top Chat Posts

Top Posts
Posted at 05/2/2025 08:20 by Assetco Daily Update
Assetco Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker ASTO. The last closing price for Assetco was 34p.
Assetco currently has 142,474,072 shares in issue. The market capitalisation of Assetco is £48,441,184.
Assetco has a price to earnings ratio (PE ratio) of -1.81.
This morning ASTO shares opened at 34p
Posted at 31/1/2025 07:08 by spectoacc
Hoping the rise doesn't put ST off a "tip of the year" for ASTO. Definitely likes it.
Posted at 30/1/2025 21:01 by ohisay
As a reminder this was part of ST's piece in I/C last year.+


(ASTO:31p) has slashed its operating loss and identified further cost savings to help the asset management group towards profitability. It is also spinning off its 30 per cent stake in Parmenion, a highly profitable B2B investment platform for the UK wealth and advisory sector.

Parmenion is benefiting from the digital transformation in the asset and wealth management industry. AssetCo booked interest income of £1.6mn from its investment in the group’s latest accounts. The stake was valued at £75-90mn (53p to 63p) on 20 September 2023, or a multiple of around 12-13 times cash profits, since when Parmenion has increased assets under management and administration by 10 per cent to £11.7bn.

Analysts at Panmure Liberum note that “ongoing consolidation in the sector and a reducing number of available quality targets, suggest that the independent valuation is underpinned. However, even if the market wanted to be more cautious a £50mn valuation [post the demerger] would be worth 35p per AssetCo share.” The investment is held in the group’s accounts at only £25.8mn (18.1p).

So on this very conservative assumptiom you are getting everything other than Parmenion in the price for free after the demerger.
Posted at 29/1/2025 08:57 by ohisay
Much better proposal than the last one six months ago because this time all the new shares will be listed .
No reason not to be looking to at least 35p per share in aggregate.

I'd wager 6d each way it will be in IC tomorrow from Simon T..
Posted at 28/1/2025 08:25 by tommygriff
Who sets the price of the A and B shares at the point of split?
Posted at 28/1/2025 08:15 by tommygriff
What price will the A and B shares list at?
Posted at 24/1/2025 01:57 by ohisay
Thanks for the heads up re the link Sphere .

We are certainly well overdue an update here so one assumes it will be not be immaterial ..?!

I hold at my 30p buy in price .

And ST will be over this like a rash on any update .
Its his intrinsic value proposition territory of course ..
Posted at 31/10/2024 21:32 by theaim1990
Parmenion does not look to be on sale, so the splitting is a way to monetise something in the short term. The company could sell the Parmenion shares coming from the treasury shares and get 1.5/2m.
Clearly they have been waiting to see changes in CGT, now they should be in a position to ask shareholders for approval to the proposed share split.

On the River side of things, the AUM of the open ended funds seem now at 1.9bn, from 1.5bn in March. At 0.6% fee, that should mean c.2m of additional annualised revenues.
Additional 2.625m are contractually due from ARK by 19/3/2025.
Posted at 14/10/2024 07:08 by privileged
They said 53-63p share so I'm still holding if we think entire company is 60-70p but it's getting a bit boring
Posted at 29/7/2024 14:59 by tommygriff
ASTO a cheap way of getting parmenion exposure
Posted at 22/7/2024 14:58 by ohisay
In other words, shareholders receiving one share in Parmenion for every AssetCo share held will hold an investment that should be worth more than AssetCo’s current share price. A circular outlining the demerger process will be published in the current quarter and the Parmenion shares are likely to be traded on a matched bargain basis.
The directors also plan to change the name of AssetCo to River Global
Assetco share price data is direct from the London Stock Exchange

Assetco Frequently Asked Questions (FAQ)

What is the current Assetco share price?
The current share price of Assetco is 34.00p
How many Assetco shares are in issue?
Assetco has 142,474,072 shares in issue
What is the market cap of Assetco?
The market capitalisation of Assetco is GBP 48.44M
What is the 1 year trading range for Assetco share price?
Assetco has traded in the range of 28.50p to 42.50p during the past year
What is the PE ratio of Assetco?
The price to earnings ratio of Assetco is -1.81
What is the cash to sales ratio of Assetco?
The cash to sales ratio of Assetco is 2.9
What is the reporting currency for Assetco?
Assetco reports financial results in GBP
What is the latest annual turnover for Assetco?
The latest annual turnover of Assetco is GBP 16.72M
What is the latest annual profit for Assetco?
The latest annual profit of Assetco is GBP -26.7M
What is the registered address of Assetco?
The registered address for Assetco is 30 COLEMAN STREET, LONDON, EC2R 5AL
What is the Assetco website address?
The website address for Assetco is www.assetco.com
Which industry sector does Assetco operate in?
Assetco operates in the MACHINERY SPECIAL INDUSTRY sector