Impax Asset Management Share Discussion Threads

[steadyaway1] 08/7/2022 10:00

Helpful point re expected relative outperformance vs benchmark during Q3

[edmonda] 08/7/2022 06:45

Yesterday Impax gave an end of Q3 update on AUM, with a 9% fall from Q2 to £34.5bn mostly due to market moves and investment performance, with only nominal outflows.

On their new FY AUM estimates Equity Dev's fundamental value/share adjusts to 1050p, still materially above current levels. New note is accessible here:

[steadyaway1] 21/6/2022 16:16

Anyone have background to the rise today?

[fegger] 15/6/2022 13:34

Noone can time this market. Topsliced some at 1150 and drip feeding back in using the fee free monthly investment option on my Interactive Investor account.

[steadyaway1] 15/6/2022 13:24

It's pretty savage. Great buying opportunities rarely come around, and when they come around it's usually for a pretty scary reason. Undoubtably a great buying opportunity now, but will there be a better one tomorrow??

[topvest] 15/6/2022 12:49

I boght mine at 50p. Sold about half through top-slicing. Hindsight is a wonderful thing. Keeping the rest now as it's a wonderful business. Should bounce back to c£10 when we get through this bear market. I would expect it to be a "leader" out of this downturn, but its clearly not bottomed yet.

[archie61] 15/6/2022 12:28

I was aware Charlie Ridge sold £900k worth of stock in Dec, I must have missed the part where his wife sold £2M worth @ 1350p! What a result they had.

[topvest] 14/6/2022 15:07

They just need to sit it out and focus on the business.

[cohenra1979] 14/6/2022 14:48

I emailed IPX and received a positive response of confidence in the company but no real detail. I suggested the Directors buy some shares

[steadyaway1] 14/6/2022 14:21

It's driven by assets under management and being an operationally leveraged business. Turbo beta play. It's just a feature of asset managers. Greaham doing well as manages more real assets, but everyone else is getting hit. Not a lot the execs can do! I'd rather they focus on medium term strategy

[topvest] 14/6/2022 11:50

From a chart perspective I was thinking it would bounce from a support level of about £5.

[cohenra1979] 14/6/2022 10:51

Not sure IPX is great at anything at the moment with 60% down on its ATH. I emailed the company and have had no response....its the daily grind of fall fall fall and its not even a tech stock

[davidosh] 13/6/2022 15:13

We have a great show lined up for tonight and IMPAX are the first presentation...



The full programme for the evening is here...

Monday 13th June 2022, 5pm – 9pm
Programme

5.00 pm Mello welcome and Company presentation by Impax AM with Ian Simm
5.30 pm Gervais Williams – Inflation changes everything – How the UK stock market could come to be the asset of choice for global investors
6.00 pm Nicky Foulston CEO at RBG Holdings shares her insights into the recent RNS concerning the share register
6.30 pm Paul de Gruchy presents – Alternative Funds: more than a safe port in a storm?
6.50 pm Company presentation by Hercules Site Services
7.30 pm Vector Vest
7.45 pm Specialist insight – Steve Clapham looks at The Wire Card Fraud
8.00 pm Mello BASH

You are welcome to join and as this is no doubt important for you all to watch I am happy for shareholders to join for free using the code FREE1306 but please do not share elsewhere as this is a ticketed show and there will be hundreds of investors who have paid to join.

[archie61] 10/6/2022 12:07

steadyaway,yeh Charlie’s either a very savvy fella………or got lucky? Probably a bit of both.
Are we near the bottom? On the other hand, it’s still up nearly 600% over five years! Maybe further to go. GLA

[steadyaway1] 10/6/2022 10:12

Looks like Charlie made a great call to sell! With that level of foresight about the impending rise in bond yields early Jan and his anticipation of the invasion of Ukraine his talents are clearly wasted. When he sets up his hedge fund I'm in. Or he could have just been diversifying his net wealth given record multiples and probably sat on a load more options due to vest. Don't disagree that short term energy security is taking centre stage. But let's be realistic... in 5 years' time is the world going to be spending more or less on alternatives to fossil fuels relative to the default without invasion?

[archie61] 10/6/2022 09:31

The CFO selling a large chunk at recent highs probably didn’t help,He knows more than anyone about the financial situation, It’s also fallen since the Russia -Ukraine situation, Oil+Gas currently flavour of the month and will be for the next few years.

[kingjames] 10/6/2022 08:40

Grandeur Peak, Norges Bank and Blackrock, all going up in holding as per the TR1s released this year, with no corresponding sells announced. Guessing they are soaking up retail held stock on the back of profit but who knows...

[steadyaway1] 09/6/2022 09:57

​Suppose it depends on how loosely you define peers. E.g. Schroders had inflows of 5% last year, versus 53% for Impax.

[elsa7878] 09/6/2022 08:06

If its valued in line with its peers (Schroders, Rathbones etc) - then a PE of 10-12 is a share price of 400 - 480p.

[orange1] 09/6/2022 07:47

And assets under investment as at the end of May are ever so slightly up as compared to the end of April(37026m v 37018m).

[kingjames] 09/6/2022 07:35

And odd versus read across to Environmental Markets, which is off its lows and tracking sideways.

[melody9999] 09/6/2022 07:08

Agree GP - AUM announced today are flat for May. Just 10% below the high. Meanwhile the share price has fallen by over 50%