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IPX Impax Asset Management Group Plc

464.50
-2.50 (-0.54%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Impax Asset Management Group Plc LSE:IPX London Ordinary Share GB0004905260 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50 -0.54% 464.50 461.50 464.00 467.50 447.00 447.00 328,690 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 178.64M 39.22M 0.3057 15.18 595.42M
Impax Asset Management Group Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker IPX. The last closing price for Impax Asset Management was 467p. Over the last year, Impax Asset Management shares have traded in a share price range of 350.00p to 871.00p.

Impax Asset Management currently has 128,322,278 shares in issue. The market capitalisation of Impax Asset Management is £595.42 million. Impax Asset Management has a price to earnings ratio (PE ratio) of 15.18.

Impax Asset Management Share Discussion Threads

Showing 201 to 222 of 950 messages
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
24/10/2008
08:55
I am watching and waiting at these levels
cambium
16/10/2008
12:11
Hi,

Just thought I post to say thanks to Russian for that bit of news good to know the funds have not declined much. If they can afford it any sort of divi is nice at present.

bloodsports
14/10/2008
19:35
rambutan2 hello anyone here.

trading statement I just picked up on, funds under management £1.2bn - not down too much.

First half revenues £5m, profits £1m+

Same again, total for year, profits say £2m.

Cash of £5m

Planning to pay a dividend. How much? 110m shares. 1p per share would take up £1.1m of the cash.

1p per share is a 5% yield.

Maybe they can't afford to pay this much and they did say "small" dividend. I seem to recall there is an obligation to invest in IEM at some point,

Share price was doing fine at 30p ish then dropped like a stone to 20p and below.

Sentiment, sentiment, sentiment

But what are we all going to do with the cash we save now we don't trust banks, pensions, etc, how about environmental funds?

Is a complete no-brainer so have invested my last £1k in buying some more shares.

Thoughts?

russianlinesman
20/5/2008
20:11
This seems on the move
badtime
22/12/2007
23:27
anything above 29.99% ie as soon as you reach 30, and you hit takeover territory.
rambutan2
20/12/2007
18:57
Arent we in takeover % now? Dont holdings over 29% require the holder to make an offer for the company?
praipus
19/12/2007
09:09
Very interesting. good stake bought 28% of company and profits and funds under management up impressively.
bloodsports
16/12/2007
23:27
About time for those finals.
rambutan2
28/10/2007
20:38
russian,

all things being equal ie court case etc, i believe that they hope to say something encouraging about a div in the finals in dec.

rambutan2
28/10/2007
20:28
Fund managemnet is a great business to be in and these guys have credibility.Like you say if they can keep growing the funds then this should start throwing out plenty of cash for the shareholders.Lets see
robsy2
28/10/2007
07:32
Robsy2

I assume that they will start paying a dividend inside the next 12 months, and it will be very well covered when they do.

If markets fell by 30%, it would reduce funds under management by 30%, say from £700+ down to £500m - they are profitable at £500m under management.

Add to that the fact that even in falling markets in coming years, enviro funds will attract money from elsewhere meaning new fund raising in the sector is a given, the risk is that other enviro funds attract all the money. Impax has been there for years, so I consider this risk minimal.

I see this at 50p within 12 months, (And a divi)

russianlinesman
26/10/2007
15:27
Blood
I'm out at the moment , I thought it looked a bit toppy and could see fund managers suffering if the equity markets fell , which looked quite likely back in August......
I will watch from the side at the moment because I am bearish of the markets in general and have repositioned accordingly, IPX doesn't pay reasonable, well covered divis which is now one of my criteria for holdings. Having said that Impax looks pretty bullet proof.Interestingly they now have around 1 billion under management which was an outlandish "imagine if" type claim of mine just a few years ago. I'm really pleased for all holders.
R

robsy2
26/10/2007
15:27
Blood
I'm out at the moment , I thought it looked a bit toppy and could see fund managers suffering if the equity markets fell , which looked quite likely back in August......
I will watch from the side at the moment because I am bearish of the markets in general and have repositioned accordingly, IPX doesn't pay reasonable, well covered divis which is now one of my criteria for holdings. Having said that Impax looks pretty bullet proof.Interestingly they now have around 1 billion under management which was an outlandish "imagine if" type claim of mine just a few years ago. I'm really pleased for all holders.
R

robsy2
25/10/2007
11:25
Robsy2- yes will do.

This is remarkably strong-making up for my loss on rnsm!

You still in fully or have you reduced/added at all in last few months?

bloodsports
23/10/2007
21:29
Bloodsports
Hey Blood Get your dad to have a look at BMS, it could be a more interesting option than James Fisher, where I think he is a holder:

robsy2
02/10/2007
13:04
a top performing stateside fund...


and an asian one...

rambutan2
25/9/2007
15:55
re the chairman's rather large top ups. i believe that he recently came into a bit of a windfall and decided that ipx was as good a place as any to invest it. which is certainly a nice vote of confidence as he's certainly no novice in the financial sector as his background attests. however, i don't know where the shares came from.

re the jap fund. i believe that it will be marketed as a retail product by

or an offshoot of it, which is certainly a big mainstream player. it will be a white label product like the european funds ipx manages.

there are at least a couple of other environmental funds being marketed in japan, and as we know, the jap mkt certainly holds potential. however, whether this sector will attract much interest i'm not even going to hazzard a guess because one thing i have learned is that the japs do things in their own unique way. potentially exciting though...

rambutan2
25/9/2007
07:52
The director seems confident- share price has held firm all through the summer- and i was thinking they were a bit high and reduced. If i am lucky enougth to get a dip i going to add a few, get the feeling i little late.
bloodsports
24/9/2007
16:23
and a top up at an all-time high...

Director's dealing


The Company received notification on 24 September 2007 that Keith Falconer, the
Chairman of the Company, has acquired 100,000 ordinary shares of 1p each ("
Ordinary Shares") at a price of 29 pence per share.

Following this transaction, Mr Falconer and his connected persons own a total of 9,649,210 Ordinary Shares representing 8.81 per cent. of the Company's issued share capital of 109,499,098 Ordinary Shares.

rambutan2
23/9/2007
20:53
£860k seems to me more of a statement than a mere director dealing...


Director's dealing

The Company received notification on 21 September 2007 that Keith Falconer, the
Chairman of the Company, has acquired 3,000,000 ordinary shares of 1p each
("Ordinary Shares") at an average price of 28.625 pence per share.

Following this transaction, Mr Falconer and his connected persons own a total of 9,549,210 Ordinary Shares representing 8.72 per cent. of the Company's issued share capital of 109,499,098 Ordinary Shares.

rambutan2
20/9/2007
20:54
robsy,

i don't think they are. more aimed at the high net worth/hedge fund mkt in asia.

rambutan2
20/9/2007
20:44
the expected good news and a nice bonus from japan. i imagine that the latter has the potential to turn into a big fund but will give them a ring before getting too excited...

September 20th 2007

Impax Group plc ("Impax"), the AIM listed investment management company, has
today announced two successful fund raisings, taking the funds managed or
advised by its wholly owned subsidiary, Impax Asset Management Ltd ("IAM"), to
over #930 million.

Impax Environmental Markets plc

This morning, Impax Environmental Markets plc ("IEM"), an environmental
investment trust listed on the London Stock Exchange ("LSE") that is managed by
IAM, held an Extraordinary General Meeting at which a vote was passed to issue
#105 million of subscriptions for C Shares. It is expected that these shares
will begin trading on September 21st 2007. The addition of the C Shares will
take the aggregate net assets of IEM to over #370 million, reinforcing the
trust's position as the leading closed end fund investing in the environmental
sector.

IEM invests predominantly in small and mid cap growth stocks active in
environmental markets throughout the world. Over the past 4 years, IEM has
outperformed the FTSE All Share Index by 35 percentage points.

New Large/Mid Cap Fund

Impax has also announced today that it has been appointed as investment adviser
to the DIAM World Environmental Business Fund (the "DIAM Fund"), a new fund that will invest in a portfolio of mid-cap and large-cap stocks active in
environmental markets. The DIAM Fund, which is incorporated in Japan, is an
open-ended public fund managed by DLIBJ Asset Management and DLIBJ Asset
Management International and has raised Yen 6.2 billion (#27 million).

Ian Simm, Chief Executive of Impax Group plc, commented: "The further expansion
of our investment trust and the launch of the new fund in Japan reflect the
strong demand from investors for exposure to environmental markets. Over the
past twelve months, Impax has doubled its funds under management, making it one
of Europe's largest and most experienced investors in this high growth sector of the economy."

rambutan2
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