Liontrust Asset Management Share Discussion Threads

[edmondj] 21/11/2024 08:53

Yes the extent of pay-out looks reckless as if only postponing an inevitable cut.

I wonder if lawyers have reassured them, "intend to" is not as committing as "will pay" similarly as "we believe..."

Presumably they are hoping they can still get lucky from here, re. asset inflows and stock prices, on which operational gearing kicks in.

A fascinating contest of hope vs reality.

[davethehorse] 21/11/2024 08:52

Whats the oh horse's for - look at the share price ...results ok ish and divi maintained for now which is great news but is it sustainable

[rcturner2] 21/11/2024 08:43

Revenue and gross profit both down 20%.

Paying a massively uncovered dividend (even the interim is uncovered).

Poor performance and still getting worse.

AUM down yet again and asset base eroded.

[theinquisitiveone] 21/11/2024 08:42

Morning barnes4

Oh horse

I'm not sure if your post is as amusing as you think it is, or worthy of quite so many repeats.

Kindest regards

[mister md] 21/11/2024 08:38

'The Directors intend to target a dividend of AT LEAST 72 pence per share'.

[this_is_me] 21/11/2024 08:33

Share price ~450p dividend 72p yield ~16% with a small buyback on top.

[mister md] 21/11/2024 08:06

Agreed - nice upside from here.

[m w] 21/11/2024 07:40

All the bad news is more than reflected in the share price, should see a good recovery from here

[slopsjon2] 21/11/2024 07:32

"The net outflows over the Period were £2,067 million (2023: £3,213 million). A reconciliation of fund flows and AuMA over the six-month period to 30 September 2024 is as follows:"

Outflows less than last year but still outflows.

[thebears1] 21/11/2024 07:30

Assets under management down nearly a billion in last 6 weeks

[thebears1] 21/11/2024 07:29

The Directors intend to target a dividend of at least 72 pence per share for the year ending 31 March 2025.This language doesn't give me total confidence. Sounds like they are trying to manage expectations if and when they cannot achieve it.Good luck to all holders

[rcturner2] 21/11/2024 07:25

lol MD

That's the bit they have put in to hope you don't pay attention to the rest of it.

Looks like it has worked.

[mister md] 21/11/2024 07:02

· First Interim dividend per share maintained at 22.0 pence.

· The Directors intend to target a dividend of at least 72 pence per share for the year ending 31 March 2025.

· A share buyback programme of up to £5 million, phased over the period to 31 March 2025.

· Cost savings of around £4.5 million on an annualised basis to be implemented by the end of the current financial year.

'Our confidence is reflected in the fact that we are targeting the same dividends as last year and have announced a share buyback programme.
'

[1viky] 20/11/2024 15:43

"FTSE 250 the index to back in 2025 as UK economy picks up, says UBS"https://uk.investing.com/news/stock-market-news/ftse-250-the-index-to-back-in-2025-as-uk-economy-picks-up-says-ubs-3799764

[aishah] 20/11/2024 14:06

Clearly market is anticipating bad results. Maybe an opportunity to add on the usual over-reaction

[barnes4] 20/11/2024 14:04

It won’t all look good
My hope is better than expected

[mister md] 20/11/2024 14:03

Also added twice more in the 420s today. He who dares, Rodney.

[1viky] 20/11/2024 13:59

All looks good . We need decent results tomorrow with confirmation of 22 p dividend to take off.

[1viky] 20/11/2024 13:57

https://www.proactiveinvestors.com/companies/news/1060959/goldman-buy-british-for-better-returns-in-2025-1060959.html

[barnes4] 20/11/2024 13:55

In also for the same reasons and it has fallen so far so quickly

[1viky] 20/11/2024 13:53

https://www.cityam.com/pension-funds-may-still-be-forced-to-back-britain-minister-warns/I am buying here. If within a few months Govt don't see flows from pension funds going into UK Equities,they will.mandate it. The Govt needs a booming stock market to show their policies are working. Until than just enjoy the dividends.