Miton Share Discussion Threads

[ifaze] 15/11/2019 16:54

Will be paid "within 10 days" of effective date. Expect it will be sooner than that. I don't believe you need to hold onto the shares any longer as div was to be paid to Miton shareholders.

[cwa1] 15/11/2019 08:16

Morning. I've set up a board for the newly merged entity here:-



All welcome!

[topvest] 14/11/2019 18:00

Well it’s over and out on Miton and over to the Premier Miton board. This has been a good investment for me and I’m cautiously optimistic for the combined business given its critical mass and 2 good sales teams. I had shares in Premier Asset Management as well, so a bigger holding for me going forwards.

[kp47] 14/11/2019 17:19

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.

[undervaluedassets] 14/11/2019 15:29

Agree...everything just being quietly processed in the background... anyone know when the special divi gets paid to Miton shareholders?

[kp47] 14/11/2019 12:24

Plenty of statements - nothing to worry about.

[hatfullofsky] 14/11/2019 10:38

WTF normally there is an statement from the company

[cwa1] 14/11/2019 09:48

Hmmmmmm...

[petewy] 14/11/2019 09:17

At the request of the company, trading on AIM for the under-mentioned securities has been temporarily suspended from 14/11/2019 7:30am, pending an announcement.

[undervaluedassets] 27/9/2019 15:11

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)

[diviincomesearch] 27/9/2019 06:44

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.

[diviincomesearch] 24/9/2019 21:43

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.

[undervaluedassets] 24/9/2019 11:52

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

[undervaluedassets] 05/9/2019 12:15

to me the merger makes sense.

there are synergies and layers of cost that can be removed I am sure..

[riverman77] 04/9/2019 19:00

I held PAM previously but sold a while ago. Their mutli asset funds seem to be very popular with advisers looking for an easy, all in one solution for their clients. They had a very good run of solid inflows but this seems to have dried up recently.

They seem to be a pretty solid outfit, but this is a very crowded space - there are dozens of similar MA funds (Miton themselves have some) which are all pretty samey. Also, PAM is not particularly cheap on a PE basis - I would estimate around 15 pe based on recent AUM - so I personally wouldn't invest at current levels.

[diviincomesearch] 04/9/2019 15:18

Need to have a look at Premier and their fund flows. Superficial fordt look- more richly valued on a P/E basis.

All dependent on Premier’s share price performance in the coming months- a 12% pickup if it stays flat.

[riverman77] 04/9/2019 12:01

Decided to sell - 25% profit in a day isn't too bad! I would have happily held Miton above 50p and beyond as a standalone entity, but less keen on owning Premier - their mutli asset funds don't look particularly interesting to me, but good luck to those that decide to hold.

[buywell3] 04/9/2019 11:49

Looking at the other chart

IMO take the money

dyor

[undervaluedassets] 04/9/2019 11:47

bought a few more...

seems reasonable risk return for a couple of months

[petewy] 04/9/2019 08:41

Sticking with it now. Was losing faith.

[riverman77] 04/9/2019 07:19

Quoted just 50p to sell. Seems too low so keeping hold of thus for now.

[topvest] 04/9/2019 07:18

Propels them into being a much bigger asset manager. Overall, I think its a positive move.

[diviincomesearch] 04/9/2019 07:07

Wow. Well I wasn’t expecting that.

Talk about a fortunate time to get in.

Assuming premier’s shares don’t slide...

[topvest] 04/9/2019 07:06

I own both companies. Overall, probably a sensible move if they can make it work. Both companies showed signs of losing a bit of momentum on their own.

[cwa1] 04/9/2019 07:00

Indeed, a well kept secret, I had my finger on the button for a decent sized top up yesterday afternoon, even getting a couple of quotes...but thought: what's another day whilst we see the outcome of Parliament's latest farrago-possibly get it even cheaper tomorrow. Curses!!