Liontrust Asset Management Share Discussion Threads

[mister md] 04/9/2024 12:46

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

[masurenguy] 04/9/2024 07:05

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 11:47

Cheers stun.

[stun12] 23/8/2024 11:23

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

[cyberbub] 23/8/2024 11:10

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 07:21

i reinvested the huge 50p a share dividend.

11.3% return long may it continue

tiger

[barnes4] 15/8/2024 11:18

Horse you are literally everywhere

[mister md] 15/8/2024 11:17

I pre-invested it a while back.

[davethehorse] 15/8/2024 09:51

Anyone yet to re invest the divi here?

[davethehorse] 14/8/2024 08:51

Also in PMI

[brucie5] 13/8/2024 12:45

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

[wllmherk] 12/8/2024 09:42

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

wllm :)

[davethehorse] 12/8/2024 08:30

Anyone here in Ashmore Group too?

[barnes4] 11/8/2024 19:41

Not bothered 10% yield 😊😊😊

[dil 21] 11/8/2024 17:34

Nah , worth at least 812p imo :-)

[mister md] 11/8/2024 06:24

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

[masurenguy] 10/8/2024 15:26

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 08:00

Chunky dividend in today.

Side Lall discusses LIO at 37:15


Best days are ahead of us here imo.

[mister md] 07/8/2024 13:42

Yes for those who held up to ex-date. Might be a few who reinvest on the 9th.

[faz] 07/8/2024 13:10

MisterMD, really? Xdiv day was way back - 4 July. Selling last week but holding on 4th JUly would mean you'll get it.

[davethehorse] 07/8/2024 13:09

I held till well past ex div, will re invest here on the 9th

[mister md] 07/8/2024 12:53

50pps div on Friday for those who held.

[davethehorse] 07/8/2024 10:36

Not short exactly but did sell out at 662p a week or 2 back

[faz] 07/8/2024 09:14

I hope you took out a short position Dave

[davethehorse] 05/8/2024 11:25

Looks like 500s coming here, things can change so quickly....