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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Miton Group Plc | MGR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 56.10 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 56.10 |
| Top Posts |
|---|
Posted at 14/11/2019 17:19 by kp47 28th Nov I believe. No ex date as per a normal dividend. As I understand it, you have to still be holding your new shares with PAM on 28th. |
Posted at 14/11/2019 15:29 by undervaluedassets Agree...everything just being quietly processed in the background... anyone know when the special divi gets paid to Miton shareholders? |
Posted at 27/9/2019 15:11 by undervaluedassets Diviin, concur re Polar cap trust.It is a slightly odd market currently. There is tremendous value in some sectors and none (ie hugely overpriced) in others. MGR been super cheap for a while. PAM getting the best of the merger in my view. (although looks like a good deal all round really) |
Posted at 27/9/2019 06:44 by diviincomesearch Just another point. I do find it weird how quiet boards are for profitable stocks like this. Yet, go to complete punts like some junior oil and mineral exploration companies and there’s stacks of punters analysing them.I went to have a look at the polar capital board (similar to MGR- loads of cash, good performing funds, single digit P/E) absolutely nothing in the last 3 months! Could be my next buy depending on how the funds are looking. |
Posted at 24/9/2019 21:43 by diviincomesearch For me it’s an interesting arbitrage play- however, i’m Out. Can’t get too greedy after a 38% gain in less than 3 weeks!Premier a bit more expensively valued although diversified. Good bit of business for them as MGR looked a screaming bargain at the pre-merger price. Good luck all holders. |
Posted at 24/9/2019 11:52 by undervaluedassets provided the deal goes through there is a 12% gain (inc the special 4.9p divi)baked in here. And holders will see that return by November .That is around 50% annualised. That seems a nice return to me If the deal does not go through (it will go through as both parties want it). well really very decent results from Miton yesterday should provide a back stop. Nice risk return if you ask me |
Posted at 04/9/2019 06:28 by skyship So, should have added after all. Still, a very nice little bonus this morning. Incidentally, the share price suggests a very well kept secret:==================== The Boards of Premier Asset Management Group PLC ("Premier") and Miton Group plc ("Miton") are pleased to announce that they have reached agreement on the terms of a recommended all-share merger of Premier and Miton, to be effected by means of a court-sanctioned scheme of arrangement between Miton and the Miton Shareholders under Part 26 of the Companies Act 2006 (the "Merger"). Under the terms of the Merger, holders of Miton Shares will be entitled to receive: 0.30186 Premier Shares in exchange for each Miton Share Based on this exchange ratio (the "Exchange Ratio") and the Closing Price of 171.75 pence per Premier Share on 3 September 2019 (being the Latest Practicable Date), the Merger values each Miton Share at 56.74 pence, comprising an equity value of 51.84 pence and a special dividend of 4.9 pence per Miton Share. |
Posted at 14/8/2019 12:52 by dmdmdmdm1 Looking forward to this picking up again at some point soon. Are people selling on some sort of news - usually coincides with MGR updating its holdings? |
Posted at 03/5/2019 13:31 by tomps2 If you follow MGR you might be interested in this general interview with Gervais - how he got into fund management, influencers, the macro picture, how he's positioning. |
Posted at 18/3/2019 12:45 by podgyted Simon Thompson"Since the financial year-end, Miton’s AUM has risen by 4.3 per cent to £4.56bn, albeit net flows are neutral so this is a reflection of the market performance. Bearing this in mind, I am maintaining the investment thesis that I outlined in my January article, so I anticipate a further unwinding of the risk factors that have been subduing equity valuations since the autumn and the ongoing recovery in global stock markets to continue. That possibility is certainly not in the price given that Miton’s shares trade on a modest cash-adjusted PE ratio of 9 for the year just ended, and offer a 4.2 prospective dividend yield based on the payout being raised by a fifth to 2.4p a share this year. Buy." |
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