Liontrust Asset Management Share Discussion Threads

[clarea] 02/11/2023 16:33

Had a meeting with a fund manager today who holds Liontrust asked for their view on the stock, they have been reducing position partly as fund outflows are greater than inflows at the moment so they need to sell holdings to meet client redemption's.

He said management team were split on whether to sell out completely half thought get out due to the GAM debacle and ongoing management credibility the other half were positive but mainly due to mergers/takeovers in this sector.

I've sold half my stake for a loss into the bounce today still think sector is cheap as chips but sentiment firmly against at the moment but wouldn't be averse to doubling remaining stake again if the chart starts to make a firm upwards move.

[clarea] 01/11/2023 18:08

I can only think its possibly Buffetology dumping at any price given no rns and fund outflows should be now priced in, looks cheap as chips but I thought that when it was a pound higher.

Mulling dumping most of mine tomorrow as seems to even go down on the odd market up day which is never a good sign.

[m w] 01/11/2023 13:17

Why the big fall again today

[blue59] 25/10/2023 08:02

Normal service resumed. It was very strange seeing blue numbers here for a moment!

[tag57] 18/10/2023 07:08

I would like to think that the AUM drop is priced in looking at the share price chart but doubt it has hit bottom yet.

[m w] 18/10/2023 06:18

Better than expected I'd say.

[blue59] 17/10/2023 09:18

I've had enough and have dumped the remainder of my shares = probably a good time to buy!

[pyglet] 03/10/2023 15:03

This is a disaster

[blue59] 02/10/2023 15:53

There goes the £6 resistance.

[blue59] 28/9/2023 08:49

Can anyone explain why, when they are doing such an incompetent job, they decided to have the AGM at one of the most expensive venues in the world?

[blue59] 08/9/2023 10:09

You're right it's two years not one! Regrettably am away on the 21st, it should be amusing!

[leocadia] 08/9/2023 09:55

Well they were £25 two years ago. How's that for value destruction. Should have sold then.

[blue59] 07/9/2023 11:04

I'm amazed by the lack of irate posts on here! With the FTSE100 still only 7% off its all time high it's hard to figure how an "Asset Management" firm can lose almost 70% of its value in a year. Very stoic bunch (or maybe there aren't any holders left who use advfn BBs)!

Edit: 70% in 2 years (still awful).

[stevenlondon3] 01/9/2023 08:35

Yes. The GAM shareholders are going to find out now whether Newgame was just spoiling Liontrust's bid or have a viable plan. There is now a certain amount of schadenfreude watching from the side lines.

[stevenlondon3] 01/9/2023 08:23

Yes. The GAM shareholders are going to find out now whether Newgame was just spoiling Liontrust's bid or have a viable plan. There is now a certain amount of schadenfreude watching from the side lines.

[trident5] 29/8/2023 11:31

Well, it's time for the billionaire to put his money where his mouth is.

[topvest] 29/8/2023 11:23

Not enough though is it...they need more!

[trident5] 29/8/2023 11:21

Xavier Neil is putting in 20m SFR.

[topvest] 29/8/2023 09:43

Can GAM afford to pay the £9m due without having trouble with their regulatory capital, I wonder?

[blue59] 25/8/2023 07:17

Perhaps they can now concentrate on getting their own house in order?!

[aishah] 24/8/2023 20:41

So why did they go through the palarver of bidding and then getting rejected? Just had to bide their time and pick up cheaply.