Polar Capital Share Discussion Threads

[zho] 13/10/2020 10:46

Analyst Paul McGinnis retained his ‘buy’ recommendation and increased his ‘fair value’ target price from 660p to 750p. The asset manager last reported a ‘second consecutive strong quarter’ with assets under management rising 7%, or £1.1bn, to £16.4bn. ‘We think asset manager business models with track records of generating material performance fees - like Polar, and also Man Group - are structurally undervalued by investors, who benefit from material capital returns via dividends and/or buybacks,’ said McGinnis. ‘We raise our fair value... to 750p, circa 40% upside, at which level Polar would still only be trading on 14 times March 2021 earnings per share and prospective dividend yield of 4.4%.’ https://citywire.co.uk/funds-insider/news/the-expert-view-cake-box-spire-healthcare-and-stagecoach/a1411718#i=6

[mach100] 12/10/2020 19:24

Sometimes I ask myself should I buy polar and other times I compeletely reject it.

[zho] 08/10/2020 07:42

"Polar Capital reports that as at 30 September 2020 its AuM were GBP16.4bn compared to GBP12.2bn at the end of March 2020, an increase of 34% over the period. During the period, AuM increased by GBP4.2bn which comprised net subscriptions of GBP907m offset by outflows from a previously reported fund closure of GBP301m and an increase of GBP3,588m related to market movement and fund performance." Net perfomance fee of £14.4m, up from £4.2m YOY, and well above the £8.8m for the whole of 2019/2020 Not too shabby.

[diviincomesearch] 07/10/2020 21:20

Yes I’d like it to pick up the pace a bit more and EM stars. More than a quarter of a billion in AUM up in the open ended funds from August to end of September, based on the latest fact sheets. Biotech and the technology fund the prime ones for most of that. U.K. opps and North America funds still bleeding and anything with more of a value tilt is still getting clobbered, at the moment it’s tough to see when that will change. Hopeful of a better year of performance fees the way things are going with the technology fund/IT and Biotech helping on that front.

[riverman77] 03/10/2020 09:04

The main tech fund is soft closed, but there is a artificial intelligence fund (effectively a tech fund) which is doing well and seeing good inflows.

[diviincomesearch] 03/10/2020 08:06

Yes- at least the company is relatively easy to understand. I think the only problem at the moment is the value strategies are really suffering- U.K. opportunities fund has continued to shed millions going by the trustnet figures again this month. So Japan Value, North American and U.K. opportunities have had heavy outflows. Meanwhile the tech fund and biotech fund have soft closed so that will reduce the prospect of inflows. Still a very cheap valued company and I hope there is continued progress on the EM stars fund.

[malcontent] 02/10/2020 22:12

super quiet board this one... I am slowly accumulating this one

[diviincomesearch] 08/9/2020 22:54

Strong recovery for this one. August was a good one for the markets- I felt the technology fund would be a good one for continued inflows this year but hard to believe its now £5.5bn alone. Along with the trust that’s almost £8.5bn of total assets. Clearly other areas need to pull their weight given it’s now soft closed but nice to see the North American and Japan Value strategies stopped the rot. Emerging market stars growing nicely. Company has oodles of cash on the balance sheet.

[qvg] 09/8/2020 08:27

Tomps, yes I saw the interview too. Good that he is so positive about Polar. But I was not sure about his credentials as an investor

[tomps2] 07/8/2020 10:25

piworld interview with Richard Leonard covers POLR at 32:17. Https://www.piworld.co.uk/2020/08/07/piworld-interview-with-richard-leonard-investor-trader-life-in-a-family-office/

[petewy] 22/6/2020 19:27

Thanks Graham

[grahamburn] 22/6/2020 17:16

So.... they've corrected the omission with their RNS at 4.04pm. Payment date is 31 July.

[grahamburn] 22/6/2020 14:40

Strange that a specific date isn't given in the announcement for the dividend payment. Nothing on their website either. Last year was 26 July, so guess it will be 27 July or thereabouts as the RNS repeatedly states "payment in July".

[petewy] 22/6/2020 09:43

Dividend maintained

[undervaluedassets] 27/12/2019 12:40

inexplicably volatile with big senseless daily moves. good company though even if the ride is a little bumpy.

[tomps2] 01/7/2019 11:18

Polar Capital presentation by Gavin Rochussen at Mello May 19 Https://www.piworld.co.uk/2019/07/01/polar-capital-holdings-polr-presentation-at-mello-may-2019/ The model, the market perspective, style bias, performance and areas of strategic focus.

[sharesoc] 29/4/2019 10:58

You can meet the managers of Polar Capital at the Mello Trust and Funds Show. We have discounted tickets available from ShareSoc, full members get an originally £49 ticket for the reduced price of £24.50 - hTTps://www.sharesoc.org/blog/education/learn-from-experts-at-the-mello-investment-trust-and-funds-conference/

[mellotrustsandfunds] 01/2/2019 13:25

Polar Capital Holdings are excited to announce they will be exhibiting and presenting at the Mello Investment Trusts and Funds Event on Wednesday 15th May at the Clayton, Chiswick. Ben Rogoff (Fund Manager of the Polar Capital Technology Trust) is a keynote speaker together with George Barrow. The Event will be jam packed full of investment trusts and funds presenting and exhibiting. Delegates will have the opportunity to intimately research the holdings and strategies used by fund managers. And find out about future opportunities in varying sectors and geographies around the world. There will be lots of top quality speakers and panel sessions to entertain and inform our Mello investor community. www.mellotrustsandfunds.com See you there.

[topvest] 11/1/2019 21:02

A high quality fund manager. The new CEO seems to be doing well. I think this boutique fund manager will continue to attract top talent. Add on weakness is my position here.

[cascudi] 10/1/2019 07:11

wow.."At the calendar year end, net performance fee profits of GBP23.6m have been received, a record figure that surpasses the GBP15.0m reported a year ago."

[cascudi] 26/11/2018 11:00

Excellent results. Why the drop?

[trogerswinning] 26/11/2018 08:31

Solid if not unspectacular.

[advfn_sales] 22/11/2018 12:30

Here is the chance to meet with Polar Capital: Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London. Http://melloevents.com/mello-london/ Tickets are normally priced at £99 for two days and £79 for one. Type in ADVFN25 as the discount code. Many Thanks and take advantage of this premium offer. See you there.