Impax Asset Management Share Discussion Threads

[melloteam] 24/1/2023 13:58

Just to let shareholders and prospective investors know that Impax Asset Management will be one of the companies presenting on MelloMonday on Monday 6th February 2023 at 5pm.


The event will feature Investment Director, Stephen English; company presentations from Newmark Security, i3 energy plc and Van Elle; and our popular Mello BASH (Buy, Avoid, Sell, Hold)!


If you would like a half price ticket, use code MMTADVFN50.


There are lots of interesting sessions and all annual pass holders and individual ticket holders will be sent the recordings within 48 hours of registering.


For a limited time you can purchase a reduced Spring Annual Pass (May 2022-April 2023) that gives access until April 2023 for just £29! Use code AP29. Also includes bonus events and exclusive discounts to partner organisations.



Click here to view our other upcoming events this year:

[davidosh] 20/1/2023 11:04

Regular updates are good and if any of you have questions there will be a Mello presentation on the next show...

[martinthebrave] 13/1/2023 10:49

A large seller today 17 x 2k so far @ C.750p. Taking advantage of yesterdays 10% rise. share price should rise when seller clears.

[growthpotential] 10/1/2023 16:54

Share price needs to go higher

[edmonda] 09/1/2023 12:01

Q1 AUM update - new research and audio summary available here:

Impax has recorded a strong Q1 of FY23, with AUM growing by £2.3bn (+6.4%), from £35.7bn on 30 Sep 22 to £37.9bn on 31 Dec 22. Market movements, FX and investment performance was responsible for £1.5bn of the increase, while the group continued its impressive record of attracting and retaining client assets, recording £797m of net inflows, up from £606m in the prior quarter.

While market conditions remain uncertain, Impax’s recent net inflow trend does look like an encouraging shift back to a higher level, following a drop-off during the sharpest periods of the 2022 market fall. Impressively, Impax has recorded only one quarter of net outflows (Apr-Jun 2022) since 2015.

We are bullish about the prospects of the sustainable investing market generally, and of Impax specifically, which has been a standout performer compared to other asset managers. With AUM growth on track, we maintain our fundamental valuation of 1,000p (37% above closing price on 6 Jan 2023).

[sharesoc] 23/12/2022 12:43

In case you missed our webinar with Impax Asset Management Group (IPX), the recording can be found on our YouTube channel:

[steadyaway1] 08/12/2022 14:56

AUM inc. advice 30 November 2022 £39.2bn / $47.3bn

[bighairyspider] 07/12/2022 02:02

Thanks for that. Seems obvious now. I guess alot of stops were wiped out yesterday too. This might also explain a drop in the share price of nearly 50p for a single day the middle of last month. I'd had another stop loss triggered, but didn't understand why.

[growthpotential] 06/12/2022 12:47

Your stop loss created further downside pressure that's the explanation

[bighairyspider] 06/12/2022 10:23

91p drop this morning, saved by a stop loss. Any suggestion for the fall or just a tree shake?

[edmonda] 01/12/2022 07:58

FY22 results were highly impressive despite market challenges, and Equity Development's fundamental value rises to £10/share – as you can read in a detailed new research note via link below, with audio summary:

[topvest] 30/11/2022 20:22

Yes, all good. I still think they need to double or triple their private assets in quick order. Its subscale versus the rest of the business, but could be very lucrative.

[edmonda] 30/11/2022 07:29

'commendable' FY results : revs + 22.6%, PBT +58.6%, adj dil EPS +22.4% to 42.1p, total div 27.6p up 34%. 🙌

NB Webinar with CEO and CFO is TODAY 3pm, just register below to attend, all welcome

[sharesoc] 27/11/2022 18:28

ShareSoc Webinar with Impax Asset Management Group plc (IPX)
15 December 2022

ShareSoc is hosting a webinar with Impax Asset Management Group plc (IPX) on 15 December 2022, which may be of interest to current shareholders or potential investors. Ian Simm, Founder and Chief Executive will be presenting.
You can register here:

[edmonda] 23/11/2022 11:39

IPX - save the date - 30th November investor presentation!

Impax Asset Management plc (AIM: IPX), leaders at investing in companies helping the transition to a more sustainable global economy, is pleased to announce that their CEO, Ian Simm and CFO, Charlie Ridge will conduct a live presentation reviewing their results for the 12 month period ended 30 September 2022.

The event will take place on Wednesday 30th November at 3.00pm.

The online presentation is open to all existing and potential shareholders and is free. Questions can be submitted before and during the presentation, and will be addressed at the end.

Sign up to register here:

[growthpotential] 15/11/2022 00:24

Torn a new one today

[topvest] 11/11/2022 17:59

Well it’s certainly had a massive bounce from the recent low. I’ve got a sizeable position still so very pleasing. I’m still a bit wary of the recession impact on equities even if inflation is topping out.

[steadyaway1] 11/11/2022 17:44

Interesting that Environmental Markets is already back at a premium.

[topvest] 07/11/2022 21:25

Not bad going. Impax will definitely be a winner going forward. I'm holding. Whether or not the share price has bottomed out, only time will tell.

[orange1] 07/11/2022 09:09

AUM is quite stable: £37.4bn as at 4 November, up from October.

[edmonda] 07/10/2022 13:24

Positive net inflows despite market declines (new research note - free and accessible)

Link to report:

Summary points:

AUM closed FY22 (30 Sep) on £35.7bn, 3.3% up over Q4 (30 Jun 22: £34.5bn) and 4.1% down y-o-y (30 Sep 21: £37.2bn). The sharp market falls over 2022, particularly in growth-oriented sustainability stocks, will understandably dominate any review of the year. Indeed, the FTSE Environmental Opportunities All-Share Index fell 28.1% over Jan-Sep 22, which contributed to a -£4.4bn AUM impact from market movements and investment performance over FY22.

At a company-fundamental level, what characterises FY22 is how well Impax’s ability to attract and retain client assets has held up, despite unhelpful market conditions. Net inflows totalled +£2.9bn in FY22 (+£606m in Q4), with only one quarter of relatively minor net outflows during FY22 (Apr-Jun, a period of the sharpest market falls, when net outflows were £186m).

However, our fundamental valuation per shares adjusts to 960p per share from 1050p, purely because of the jump in the 10-year Gilt yield (the risk-free rate used in our DCF valuation) which is now 4.2% (2.1% at the time of our previous forecast in July). Additionally, given its strong growth prospects, Impax’s PER of 14.3, only just above a peer group median of 13.0, is in our view, too low.

[topvest] 07/10/2022 07:32

£35.7bn at the end of September. Strong inflows given the markets. I would expect the share price to start bottoming soon, maybe at the c-70% level from the top. Should at least partially bounce back in the next year or two as the business model is still very sound. They do need to do much better on the private markets side of the business though as £521m is way too small. A small acquisition is needed to x2 or 3 this segment.

[topvest] 07/10/2022 07:26

Yes, a very positive update in the circumstances.

[steadyaway1] 07/10/2022 06:43

I think that's a great result. £0.6bn net inflow over Q4 in an atrocious market goes to show why this trades at such a premium versus peers. Net inflows across all the asset classes as well.