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
  2.00 0.71% 285.00 282.00 288.00 0.00 0.00 - 53,107 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 65.7 14.6 9.0 31.7 372

Impax Asset Management Share Discussion Threads

Showing 376 to 399 of 600 messages
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
DateSubjectAuthorDiscuss
11/1/2018
11:51
been backing this baby since 2007, even through the dark days of 18p in november 2008. Today is a wondeful day. And i think we have many more to come. We should all celebrate the £2 milestone.
dan hol
10/1/2018
17:38
Impax Environmental Markets (IEM) Trades uy Volume 616,016 Trade Low 264.00 Sell Volume 40,406 Trade High 271.63 ? Volume 454,036 VWAP 268 Total Volume 1,110,458 Prev day Vol 0 13:12:43 270.5000 400,000 O 268.0000 0.0000 Buy 13:13:03 270.0000 300,000 O 269.0000 271.0000 Weekly Trades Volume History Date Buy Vol Sell Vol Total Vol 09/01/2018 74,804 43 74,847 08/01/2018 85,207 18,962 104,169 05/01/2018 99,917 11,603 111,520 04/01/2018 76,925 6,860 83,785 03/01/2018 26,046 15,210 41,256 Periodic Trades Volume Summary Date Low Vol High Vol Avg Vol 1 week 52,184 131,394 88,412 1 month 9,941 159,265 66,012 3 months 8,183 159,265 64,950 1 year 913 478,612 101,964 highest daily volume for well over a year......
douglas fir
09/1/2018
13:54
Thats the next leg up on the monthly chart - fibs target 330 (+86%)
luckymouse
09/1/2018
09:32
Yes, absolutely fantastic and my number 1 holding. We are going to be at £10 billion of AUM before the PAX deal completes at this rate!
topvest
09/1/2018
08:25
Cracking results today. AUM totalled £8.2 billion, representing an increase of 13% over the quarter. "another outstanding quarter".
martinthebrave
02/1/2018
21:12
My biggest holding and happy to hold. The Pax deal looks truly transformational.
topvest
02/1/2018
15:23
good fundamentals
luckymouse
08/12/2017
21:31
All good. Another £200m AUM clocked in today for November. Pax acquisition aside £8bn remains eminently possible by year end. Roll on IPX.
dan hol
08/12/2017
21:31
All good. Another £200m AUM clocked in today for November. Pax acquisition aside £8bn remains eminently possible by year end. Roll on IPX.
dan hol
04/12/2017
12:52
New ED research note out after strong FY results, free here: https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DAO2MjM You can also see last week's presentation by CEO, Ian Simm, on results and outlook here: https://www.youtube.com/watch?v=nWyYelOf9bo
edmonda
29/11/2017
17:42
Graham Neary at Stockopedia specialises in Financials & he remains a fan: Impax Asset Management (LON:IPX) •Share price: 161.5p (-3%) •No. of shares: 128 million •Market cap: £206 million Final Results This is an environmentally-focused asset manager which I've written about several times this year. Unfortunately, I didn't have the spare funds to invest in it earlier this year, when it seemed quite cheap against its earnings and prospects. The value proposition is different now that the share price has trebled in a year: So today's slight dip in the share price is in the context of a company where great things have arguably already been priced in. The results are excellent, as expected. In the year to September, AuM increased by over 60% (we already knew this thanks to the Q4 update: Assets under management and advice ("AUM") increased 61% to a new peak of £7.3 billion (2016: £4.5 billion), rising further to £7.6 billion by 31 October 2017 Record net inflows of £2.1 billion across several strategies and geographies So inflows were responsible for three-quarters of the AuM, with market movements responsible for the rest. Note also that the $52.5 million acquisition of similar US outfit Pax World is set to complete in Q1 2018. This is a debt-funded acquisition which will increase the company's risk profile in the short-term, but could super-charge earnings per share in future years. The financial highlights below show the effect of operational leverage, as op. earnings rises at a much faster rate than revenue. It's worth bearing in mind, naturally, that inflows during the year will not have generated fees for the entire year. You only generate fees on average AuM, not on closing AuM. Revenue: £32.7 million (2016: £21.1 million) Operating Earnings: £7.9 million (2016: £4.2 million) Profit before tax: £5.9 million (2016: £5.2 million) What may be disappointing investors a little bit is the rather muted PBT figure. £1 million was spent on advice related to the Pax acquisition. £0.6 million has also been lost in FX translation of the value of foreign currency in advance of that deal. There are some more costs which are contingent on the deal completing. Without those costs, Impax would have reported a 44% increase in PBT - it just goes to show how expensive deals can be in the short-term, and why organic growth is so valuable. Overall, though, the results look satisfactory to me. A lot depends now on the deal successfully going ahead. I've warned previously about inflows being from a relatively small number of customer mandates. Today we get an update on the level of customer concentration here: Revenue from three of the Group's customers individually represented more than 10 per cent of Group revenue, equating to £5,243,000, £4,275,000 and £3,428,000 (2016: three, equating to £3,644,000, £3,267,000 and £3,003,000). As the company gets bigger, it will hopefully also become less risky, from an investment point of view, as customer concentration diminishes. For now, it is still quite heavily concentrated. One other thing that caught my eye - whatever about the rights and wrongs of climate change/anthropomorphic global warming, it sounds like Impax is excited about its investments in the sphere of resource efficiency. That's a sector which ought to do well, regardless of global climate change agreements: We see a proliferation of opportunities to invest in smart systems to manage inventory control, production lines and warehouse space, and to reduce transportation costs across most industries, most notably in consumer goods. We are also following the rise of blockchain technology, which has the potential to transform resource efficiency across supply chains. Outlook statement is confident. My opinion The market cap is around the same ratio compared to (pre-Pax) AuM as it was last time I covered it, c. 2.7%. Again, I consider that to be around average. The Pax deal increases the level of uncertainty but brings with it strong potential rewards. Overall, then, I have about the same opinion as I did last time. It's a nice company and I still think it has a positive future. The costs associated with integrating Pax may continue to weigh in the short-term, and the valuation is no longer obviously cheap against its peers.
martinthebrave
29/11/2017
17:04
Just for the record , I have taken profits today.With the share price at this level, the future will need to be stunning and so bright that we’ll have to be wearing shades! This company has come a long way in a short time and the valuation has gone even further, so i took some profits and sold half of my holdings.. It’s a hard one to call, because they are doing so well and they are going to continue to do well. This is a company with a big future but for me it is hard to justify the valuation. The valuation analysis is further (if nicely) complicated with te takeover, the deal looks sweet but hard to read. Whichever way you look at it, IPX is now priced to perfection in that there is no room for any setbacks ....and there are usually setbacks, so the next move may well be down. Taking profit will allow me to rebalance my portfolio which has become seriously skewed, due the stellar performance of IPX. I still have a sizeable holding and am happy to stay a long-term holder. R2
robsy2
29/11/2017
16:24
IC Impax Asset Management (IPX) grew its assets under management by an impressive 61 per cent during the year to September. Net inflows were a record £2.1bn, while market gains contributed £655m. This helped lift pre-tax profits by 13 per cent to £5.9m. The shares may be up 242 per cent during the past 12 months, but we reckon they have further to run, buy. I Hold
martinthebrave
29/11/2017
09:22
Solid results this am do not warrant a 10% fall in sp, even recognising it has increased recently. So I've topped up my holding at 150p.
melody9999
28/11/2017
20:42
No chance of that near term given the merger. All looks very well set for growth in the year's ahead. An early mover in sustainable investment and this will be a hot area for year's to come in my view.
topvest
28/11/2017
12:40
Results tomorrow, the share price is rising in anticipation.
firtashia
28/11/2017
12:27
My dread is that someone will take this out.... R2
robsy2
28/11/2017
12:18
Definitely a strong move up today. Any news?
darrenp746
28/11/2017
11:39
mmmmm - Interesting! What is going on here then I wonder.
gorilla36
08/11/2017
10:33
Another 300m on the AUM taking is to 7.6 bn - end of October. Roll on 8bn inside 2017.
dan hol
26/10/2017
17:43
You did well. Happier with my sub-50p purchase price though! I'm surprised at today's reaction as the directors still have enormous holdings and the shares are tightly held so it was surely a sensible move to improve liquidity. Anyway,I'm not really tempted to sell as I think this asset manager has a really good "forward thinking" business model. They should continue to do very well.
topvest
26/10/2017
16:38
Yes I was dreaming lol, but glad to be in now at 133 didn't think I would get the chance
darrenp746
25/10/2017
18:54
LOL...in your dreams!
topvest
25/10/2017
18:51
Wanting in sub 120 tomorrow
darrenp746
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
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