Liontrust Asset Management Share Discussion Threads

[purple11] 14/12/2024 02:41

LIO WATCHLIST ADD

xXTiPsxheetsxX

[bigbigdave] 13/12/2024 14:24

Positive coverage here 17.05, Paul Hill talking with Richard Crow.

[walter walcarpets] 13/12/2024 14:16

That divi is just too attractive to ignore, so I'm in. GLA

[mister md] 13/12/2024 14:07

Mister MD 4 Dec '24 - 09:13 - 1387 of 1400 Edit
I think 500p+ is now far more likely than the sub 400p some were predicting ...





If only they would listen ;-)

[napoleon 14th] 11/12/2024 11:36

hxxps://presentations.investormeetcompany.com/conferences/82180c830bb5/bigroom

[bigbigdave] 09/12/2024 08:40

Who is Mr red tick here? Saddo!

[rimau1] 09/12/2024 08:36

SCSW write up, and i guess anticipation of a santa rally with upward markets helping LIO.

[mister md] 09/12/2024 08:25

Any 'new' news out there ? Does seem to be massively outperforming the sector today.

[mister md] 09/12/2024 08:09

So glad I added more as it approached 400p. Price now 488p (which is 510p if you add back the 22p dividend we will receive next month). Santa rally underway ?

[rcturner2] 08/12/2024 18:52

Brucie, they are all geared plays on the market. It seems like a santa rally at the moment. If it turns sour next year and Labour make a mess of the economic management, then it won't be pretty. I am heading for cash at the moment. Sold my biggest holding which was BT at 160p and sold ZIG on results day.

[1viky] 06/12/2024 15:45

Panmure liberum: Interim results are in line reflecting flow headwinds, continuing into Q3 although some moderated client behaviour post-Budget. The board has committed to a 72p FY25e dividend effectively backing the 17% yield. There is an £5m accretive buyback in complement. £4.5m cost savings have been identified as the usual discipline on efficiency continues to share the benefits of an upgraded operating architecture and protect margins. Taking into account the lower AuM, cost savings (from Q4) and the buyback, we adjust EPS by -2%/0%/-2%. We reiterate BUY with an 880p 12m TP (from 900p, 14x PER) noting confidence in the 17% yield

[brucie5] 06/12/2024 15:36

Asset managers on the up in my folio. Anyone else noticing?
I hold ASHM, CLIG, LIO, POLR... From a low base obviously and still well in the red for the most part. Though CLIG is the exception, where I actually appear to be up overall.

I reckon the bottom is in here, but who knows. If so it could be a very lucrative long position.

[masurenguy] 05/12/2024 07:17

Panmure Liberum: Liontrust over Miton
Premier Miton (PMI) is cheap but other asset managers are cheaper, says Panmure Liberum.

Analyst Rae Maile retained his ‘hold’ recommendation and target price of 100p on the investment company, which rose 10.2% to 60.6p on Wednesday. The group reported a strong start to the current financial year, with better-performing markets and reduced outflows, meaning assets under management at the end of November were £200m higher than at the end of September. "Another year of earnings per share covering a maintained dividend per share of 6p per share is in prospect should flows continue to normalise and markets behave. The price/earnings ratio on little changed earnings per share estimates is under 9 times and the yield on a maintained payment 10.9%." This means that the shares are ‘cheap’ but Maile noted that ‘others in the sector – most obviously Liontrust (LIO) – are cheaper, yield more, and arguably have greater gearing to a more positive flow environment’.

[masurenguy] 04/12/2024 16:36

UK investors poured money back into equity funds in November

Net inflows hit a record high of more than £3 billion, following the budget, after net selling of £2.7 billion in October, according to data from Calastone. Funds focused on the UK market also had the first month of inflows since May 2021, ending 41 months of “unrelenting” net selling. Investors added a net £317 million to UK-focused funds in November, Calastone found. However, it is dwarfed by withdrawals of £25.3 billion in the previous three and a half years.

[rcturner2] 04/12/2024 09:59

Lionturst reminds me of Jupiter. A poorly run fund manager.

[brucie5] 04/12/2024 09:47

Does look like it could be a bottom; hence my reluctance to sell...

[mister md] 04/12/2024 09:13

Add back the effect of exdiv 22p (paid out next month) and we're at 476p. I think 500p+ is now far more likely than the sub 400p some were predicting ...

[31337 c0d3r] 04/12/2024 08:57

Higher lows suggests LIO has turned.

[davethehorse] 04/12/2024 08:50

PMI flying today, up 10%, and looks very cheap going forward, divi maintained circa 10%...

[jttowler] 03/12/2024 10:28

I was thinking along similar lines and am looking at Foresight, with forestry, private companies, infrastructure under management harder for the index trackers to replace I'd have thought

[brucie5] 03/12/2024 09:45

Long suffering holder here, having resolutely refused to sell thus far. However, I'm tempted to switch to IPX as having the greater niche and stronger balance sheet going forward. Obviously a smaller dividend at face value, which has been among the greatest attractions of LIO; but that current level is clearly unsustainable, so what do we think it will be reduced to?
Against that, the insti and director buying suggest that it is indeed in value territory as do the algorithms on Stocko.
Ideas?

[mister md] 03/12/2024 09:33

... and the 22p div to be paid out next month (if you held at ex-date).

[barnes4] 03/12/2024 09:27

I think 4.44 is an excellent buy
I agree this is really oversold