Liontrust Asset Management Share Discussion Threads

[charlie] 24/9/2002 11:38

Trailing p/e now 24

Forward p/e 19

Yield 1.1%

This is a fund management business

Should be 1/3 the current price?

[charlie] 05/8/2002 11:29

Seems to be some selling today.

[charlie] 24/7/2002 14:28

Thanks for the chart. Charts usually don't do much for me, I'm all fundamentals. But one thing which the chart does do for me in this case is that it shows the stock is still 30% above last autumn's low. Meanwhile the market is about 20% down on last Autumn lows. And Liontrust is a fund manager.
Most of its income related to market levels.

This cannot be right!!

[adamh] 19/7/2002 23:37

lets have a look at the chart then

[charlie] 19/7/2002 22:21

Starting to slip away but still wildly overpriced.

[charlie] 16/7/2002 21:49

Difficult to see what was going on with today's trades. 23,786 and 25,000 back-to-back, twice. Murky.

[charlie] 16/7/2002 10:16

I like Liontrust. A quality fund management operation run by a bright bunch of guys and with superior historical performance.

But please, in the current market, where does a trailing p/e of 27 come from? Forward p/e of 21? For a long-only fund manager?

Surely shome mishtake.

One third of the present price would seem about right.

[calleva] 08/7/2002 11:06

RNS Number:3013Y
Liontrust Asset Management PLC
8 July 2002


Monday 8th July 2002

Stock Exchange Announcement


Liontrust Asset Management PLC 2002 Annual General Meeting.

Chairman's Statement and Trading Update

The following is the Statement by Chairman Ellen Winser at the 2002 Annual
General Meeting, held at The Savoy, London WC2 at 11am on Monday 8th July 2002:

"As I said in my statement in the Company's Annual Report and Accounts, I am
delighted to be able to report good results for our third year running as a
public company. We attribute these results to the excellent performance of our
investment processes and the simplicity, efficiency and focus of our business
model.

Competition in all areas of our business remains intense and the stock market
environment difficult, but we remain confident that the differentiation and the
superior performance of our investment processes and our increasing distribution
capabilities will enable us to make further progress. Our results for the
current financial year to date are encouraging.

Indeed, since our year end, we have won an additional £190.5 million in new
institutional pension fund mandates and net sales of our proprietory unit trusts
have been £92 million. Despite the 15% fall in the FTSE 100 index since our year
end, funds under management on Thursday 4th July stood at £1.916 billion, with a
further £379.5 million in transition. We continue to be invited to pitch for
substantial new business.

I would like to thank our staff for another successful year and reiterate that
we look forward to the challenges that lie ahead. We continue to see a bright
future for Liontrust and all those associated with our Company."

[morose] 06/3/2001 13:18

BRNF
Have you any thoughts about where it will go from here?
Up slightly today.

[brnf] 06/3/2001 11:51

Look at the announcements and you will find your answer. A pre-warning of a forthcoming placing of secondary stock, the market bidding the stock down against the seller and now settling the traditional 5% above the placing price.

[morose] 06/3/2001 10:10

Some rare goings on at Lio but if anyone looks at the chart they may see an excellent buying opportunity.
Or could something more sinister be going on?
Interested in your comments.