Jupiter Fund Management Share Discussion Threads

[quepassa] 27/7/2017 13:05

Poorly written Lombard column today about Jupiter.
If it was meant to be funny by the repeated use of the word "consequently", it wasn't.

Yawn. what a terrible article.

When are they going to make Daniel Thomas Editor of The FT to restore it to real reporting and strong domestic corporate coverage? The FT can be sooo very lame and generalistic nowadays.

However, good to see JUP on the UP today. Deservedly so, for strong results.


ALL IMO. DYOR.
QP

[quepassa] 26/7/2017 14:53

I thought they were great results with a very positive outlook.

Surprised that the market hasn't marked Jupiter up significantly today.



Numis RETAINS their ADD RECO. today with a TP of 570p.


Looks good to me.

ALL IMO> DYOR.
QP

[johnroger] 20/7/2017 10:52

Results next week

Jupiter will be issuing results for the period ended 30 June 2017 on 26 July 2017 and will host an analyst presentation to discuss the results at 9:00am. The presentation will be held at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ.

[quepassa] 07/3/2017 08:09

Jupiter's turn next ??

ALL IMO. DYOR.
QP

[jombaston] 03/3/2017 17:46

That doesn't include the interim dividend of 4.5p announced in July so the total yield is 6.5%. This is still less than the FCF generated in 2016.

[cjones123] 03/3/2017 10:11

With 22.7p dividend next week this share is a great buy in my book. That's a fantastic 5.5% yield at the current share price of 418p.

[cwa1] 24/2/2017 08:24

Were the results.....



.......as bad as the market seems to be suggesting? I'm not sure. Anway, I've dropped in to the store and picked up a few at 409p. Fingers crossed now....

[lord gnome] 13/1/2017 10:51

Markets toppy? The share price was high back in the summer when things were anything but toppy.

[cwa1] 13/1/2017 10:01

Thanks for that GF. If anything it probably makes my contrarian muscle twitch even more!

[glynnef] 13/1/2017 08:39

Tempus in the Times this morning recommends Avoid. Cites fund managers not being the place to be if you think markets are toppy. Attractive yield but safer yields available elsewhere. I hold long term and was thinking of buying more this AM but I will wait and see just now.

[cwa1] 13/1/2017 08:26

Decided to go against the herd a little bit and taken a little sliver at 408ish. Good fortune all.

[deadly] 12/1/2017 16:26

Cumulative net mutual fund inflows of £859m in the year to 31 December 2016, resulting in total AUM of £40.5bn (31 December 2015: £35.7bn).

Looks good but the market thinks not.

[quepassa] 27/7/2016 08:08

Good post.

The astonishing 12.5% hike in dividend is demonstrative of a positive outlook and management confidence.

Also fully concur about sector consolidation.

Both Man Group and PimCo have stated they want to grow and diversify including making acquisitions.

ALL IMO.
QP

[ygor706] 27/7/2016 07:52

Results look to be in line with market forecasts but the 12.5% increase in the dividend is a pleasant surprise. Prospects look good to me in a sector that could be facing consolidation.

[my retirement fund] 05/7/2016 00:47

Are you suffering a bout of locked in syndrome cwa?

[cwa1] 09/3/2016 10:43

Morning

Just bought in here at about 403p. With XD tomorrow at 21.5p and IF(I know, I know!) brokers are to be believed a dividend next year of 23p that makes a total of 44.5p in a smidgeon over 1 year-a yield of just over 11% for that period. I know the share price will be marked down by that mount commensurately, all other things being equal, but it's a good start to a holders' life.

Allied to that the most recent outlook comments from a couple of weeks ago were:-

Maarten Slendebroek, Chief Executive, commented:

"It has been another successful year for Jupiter, as we made continued progress with delivering our organic growth strategy to the benefit of all our stakeholders. 2015 saw strong investment performance allied with increased revenues, continued profit growth and further strengthening of our liquidity and capital position. Despite more challenging market conditions in the second half, underlying earnings per share increased by 11 per cent. and our resilient business model supported a 29 per cent. increase in like-for-like dividends."

Giving a degree of faith in the near future at least. Of course there are plenty of caveats; Brexit, general market malaise, Trump, etc., etc. but thought it was worth a modest entry position. Best of fortune to holders.

[speedsgh] 13/10/2015 14:29

Jupiter shows resilience in the face of market woes -

Asset manager Jupiter Fund Management (JUP) has proved its resilience in tough market conditions.

Peel Hunt analyst Stuart Duncan retained his ‘hold’ recommendation and target price of 495p on the shares, which edged 0.3% higher to 428.2p yesterday.

‘Like others in the sector, negative market movements have had an impact on the assets under management,’ he said.

‘However, Jupiter has again proved the resilience of the business model with modest net inflows despite the volatile conditions. A key element of the investment case remains the strong dividend flows expected in the coming years.’

He added that ‘there remains much to commend Jupiter’ including ‘a simple strategy based on delivering strong investment performance, broadening the distribution footprint to leverage this investment expertise, and consequently delivering returns to shareholders’.

[quepassa] 18/2/2015 10:53

Yup. It's interesting what may happen to Greece.
Good luck!
QP

[quepassa] 18/2/2015 09:48

Always good to lock in profits.

With global stock markets pushing forward enthusiastically and the FTSE on the cusp of achieving a new all-time high, my guess is that Jupiter still has good legs.

ALL IMO> DYOR.
QP

[its the oxman] 18/2/2015 09:28

Sold today 403p. May look to repurchase if it falls.

[its the oxman] 22/1/2015 20:03

Good to see the share price responding at last. Just hope it can hang onto the 370p territory.