Liontrust Asset Management Share Discussion Threads

[barnes4] 09/9/2024 10:50

This outfit needs to get a grip and smartish

[spawny100] 09/9/2024 10:41

When divis get much into double figures it's usually an extremely strong indication they will be cut/rebased imo.

[rcturner2] 09/9/2024 10:07

wow, talk about head in sand

In 12 months they went from £50m operating profit to zero (in fact they made a loss). Since then their performance has got worse, their numbers are going the wrong way. They are relying on accounting manipulation to show "adjusted profit".

[davethehorse] 09/9/2024 09:17

Time to buy for me....buy, hold, forget until markets return to normal....now 12% divi!

[rcturner2] 09/9/2024 07:30

The problem with LIO is the poor performance last year.

For the financial year ending in 2023 they made £50m operating profit and applied £36m of positive adjustments to claim an adjusted profit of £86m.

For the financial year ending in 2024 they made zero operating profit and applied £66m of positive adjustments to claim an adjusted profit of £66m.

To me this stinks of financial manipulation and I don't trust the adjusted numbers.

[davethehorse] 06/9/2024 13:17

Predators must be lurking with this market cap I would imagine....

[davethehorse] 06/9/2024 11:18

Topped up @ 600p ;-)

[mister md] 04/9/2024 13:46

Great. And when better times return and the shareprice is 800p+ they can adjust their target to 800p+ ...

[masurenguy] 04/9/2024 08:05

Deutsche: Liontrust shares reflect fund outflows

Liontrust Asset Management (LIO) continues to face challenges from fund outflows and the valuation ‘fairly’ reflects the problem backdrop, says Deutsche Bank. Analyst David McCann retained his ‘hold’ recommendation and target price of 600p on the investment group, which softened 1.1% to 619p on Tuesday. ‘We estimate Liontrust to have delivered £0.2bn net outflows in August and assets under management to be -1% versus the last reported figure in June,’ he said.

He said the group faces myriad challenges from ongoing outflows, ‘the low industry growth outlook, the group’s strategy that we are not convinced will result in returning the group to net inflows in the short term, and a risk to management guidance of being able to maintain a mid-30% operating margin’. McCann also said there is ‘an increasing risk to the dividend’, which he expects to be uncovered in 2025, 2026, and 2027, and will require ‘support from the surplus capital and performance fees’. ‘However, we think the valuation broadly fairly reflects this challenging position and outlook,’ he said.

[cyberbub] 23/8/2024 12:47

Cheers stun.

[stun12] 23/8/2024 12:23

LIO previously paid a 22p interim in January for a total 72p => 11.08% @ 650p.

[cyberbub] 23/8/2024 12:10

If there was a 50p divi, that doesn't make an 11% yield, was there an interim divi as well?What's the divi cover ratio at LIO please?Thanks

[castleford tiger] 19/8/2024 08:21

i reinvested the huge 50p a share dividend.

11.3% return long may it continue

tiger

[barnes4] 15/8/2024 12:18

Horse you are literally everywhere

[mister md] 15/8/2024 12:17

I pre-invested it a while back.

[davethehorse] 15/8/2024 10:51

Anyone yet to re invest the divi here?

[davethehorse] 14/8/2024 09:51

Also in PMI

[brucie5] 13/8/2024 13:45

davethehorse12 Aug '24 - 09:30 - 890 of 891
0 0 3
Anyone here in Ashmore Group too?
---------------------------
Yes.

[wllmherk] 12/8/2024 10:42

I'am, for the same reason, cheap, high yield and possible consolidation in the sector.

wllm :)

[davethehorse] 12/8/2024 09:30

Anyone here in Ashmore Group too?

[barnes4] 11/8/2024 20:41

Not bothered 10% yield 😊😊😊

[dil 21] 11/8/2024 18:34

Nah , worth at least 812p imo :-)

[mister md] 11/8/2024 07:24

811p - that's very precise ! Must be true then ;-)

[masurenguy] 10/8/2024 16:26

LIONTRUST
"Liontrust Asset Management was itself on the takeover trail last year, pursuing the GAM business. This deal failed and now Liontrust may be vulnerable. Its shares are flat over the last 12 months. Even if a bidder does not emerge, analysts rate the shares either as 'buy' or a 'hold' and expect the price to climb back to 811p." Money Mail, 9 August 24

[aishah] 09/8/2024 09:00

Chunky dividend in today.

Side Lall discusses LIO at 37:15


Best days are ahead of us here imo.