Liontrust Asset Management Share Discussion Threads

[spectoacc] 14/7/2023 07:02

"Grim" would be too strong a word, but not difficult to see why they're heading down the acquisitions route - something's got to arrest the bleed of AUM.

[farnesbarnes] 05/7/2023 19:37

re: 393 - waiting for the price to be higher

This is actually a lower risk strategy. Higher low, higher high, pullback to breakout / swing point, pull the trigger on a defined risk to the higher low. Allows you to potentially buy more. A higher weighting on your portfolio yes, but defined risk.

If you were to buy tomorrow at 675p, where's your stop loss and more importantly, why?

[m w] 05/7/2023 11:38

Hopefully something positive will come out of the general meeting on Friday as this is getting very painful to hold.

[encarter] 04/7/2023 16:31

It must be amazing for you that every stock you buy goes up and every one you sell goes down. I expect you're a billionaire, but unfortunately for you, all the money in the world can't buy good manners.

[spawny100] 04/7/2023 16:30

692 looks like it was a good call.

[encarter] 04/7/2023 16:27

Not sure what you mean? It was an opinion.

[sandeep67] 04/7/2023 13:14

really. Great knowledge dohhh

[encarter] 29/6/2023 11:50

I doubt that we'll see 692 now. If you take the divi into account the share price has been up the last 2 days. The downtrend is over.

[trident5] 29/6/2023 10:48

What - wait until the price is higher, then buy fewer?

[jonny_wright] 29/6/2023 10:38

Anyone would be silly to buy a stock in such a downtrend, need to wait for stage 2 setups - patience if the fundamentals are solid

[jonny_wright] 29/6/2023 10:37

All eyes on 692 here if it breaks

[m w] 28/6/2023 17:34

Ex dividend tomorrow expect a big drop

[encarter] 28/6/2023 11:43

Then again, maybe not.

[encarter] 27/6/2023 14:58

Ex divi in a couple of days should see 690. Then hopefully a recovery.

[daler1966] 27/6/2023 10:57

Good yield if sustainable,

[jonny_wright] 26/6/2023 08:34

Looking for a break of 690 here, support crucial

[tongostl] 22/6/2023 13:48

Outflows have continued and it is now having a material effect on the company. I cannot see why outflows would stop now either, so im going to presume things will get worse from here on in. The results yesterday seemed to spend to much time going on about the GAM takeover and not enough on organic growth. One suspects that is because organic growth is going to be virtually impossible here over the next few years.

Right now there are better companies to be invested in.

[johnrxx99] 22/6/2023 06:07

Assuming the share price doesn't reduce by 20%.

[2wild] 21/6/2023 23:57

If you hold this for 53 weeks, you should get 2 X final dividends at 50p each Plus 22 p interim = £1.22. Giving a return of 16% on a share price of 760p.

[aishah] 21/6/2023 08:54

Yes. I have added a unit here. Ex-div next week, yield is higher than its p/e ratio

Passes two of Stockopedia’s bullish stock screens: the Philip Fisher Growth Screen and the Free Cash Flow Cows Screen.

[encarter] 21/6/2023 06:50

Results as expected and they held the divi. Hopefully a steady rise from here.

[encarter] 20/6/2023 15:19

It's possible that they will cut the divi.

[r2oo] 17/6/2023 12:32

Pretty well invested in Lion already but I am tempted to back the truck up at these levels!

[stevenlondon3] 23/5/2023 08:03

Issued today by GAM.
23 May 2023
SENIOR PORTFOLIO MANAGERS AT GAM INVESTMENTS SUPPORT THE UNANIMOUS RECOMMENDATION BY GAM HOLDING AG BOARD OF THE OFFER FROM LIONTRUST ASSET MANAGEMENT PLC
Senior portfolio managers at GAM Investments have made it clear that they strongly support the decision by the GAM Holding AG (“GAM”) Board of Directors to recommend the offer from Liontrust Asset Management Plc (“Liontrust221;) for all shares in GAM on the basis that they believe this to be in the best interests of GAM clients. This statement has been made through a letter sent by the senior portfolio managers to the Board in response to the news stories in which various sources have challenged the offer for GAM by Liontrust.

In the letter the senior portfolio managers state that “it is our view that an industry sale to a highly regarded peer with a heritage in fund management, a strong track record of acquisitions and integrations and consistently strong profitability is in the best interests of GAM clients.”

“We believe there is a cultural alignment between GAM and Liontrust, and this will provide the environment and support to enable the investment teams to focus on their clients’ best interests.”

“Liontrust has a clear vision for the future, with a focus on investment and wealth management only, and an impressive strategy for how to grow the enlarged company. This strategy importantly includes a commitment to developing the business in Switzerland and GAM’s global presence.”

“The proposed acquisition by Liontrust is highly credible and has our strong support.”

[2wild] 23/5/2023 07:17

We are a long way off any completion.. as long as we don't end up in a bidding war with somebody else, I'm not concerned if a deal completes are not.