Liontrust Asset Management Takeover Rumours (LIO)

Would imagine tick up fri was due to bottom pickers hoping the update next week is more positive. I work in the wealth industry and outflows are still terrible, there was a rumour laat year they were going to merge with Artemis but nothing came of it. I do hold Lion but I'm not expecting good news most likely more of the same 14% dividend is uncovered so if nothing improves trading wise expect it to be cut at some point. All fund managers have been hammered they are undoubtably cheap but its going to take inflows or takeover to see any value out, if your interested in the sector and haven't bought in yet personally I would say Aberdeen and Polar Capital are the best picks. Ignore Buffettology terrible record over the last three years plus.

Let's hope LIO becomes a takeover target for a decent premium

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

techtrader5 yes, I have some shares. (imo recent news on takeovers is benificial for LIO fund performance, which might help attract new/more FUM inflow; & the takeover offer for competitor HL surely also makes LIO more valuable. Although the speed & on-going power of the % rise at LIO surprises me. recent takeover offers at higher prices at companies where LIO holds a notable investment include :- John Wood grp plc, Keywords Studios, any more ?? & I think LIO owns a chunk of shares at ACSO which is up 50% in the last 6-9 months. -------- charting ....many shares fall 20-50% when they announce unpopular news .....and the chart signals do not forewarn that, so, for me, chart signals are no g'tee of the future share price direction, of course.