Premier Asset Management Share Discussion Threads

[gsbmba99] 11/7/2017 06:34

3rd quarter trading update. Net inflows of £230.8m in calendar Q2. YoY growth in AuM of £1.248bn or 27.2% compared to 30 Jun 16. About equal contributions to 12m AuM growth of net inflows (£636.5m) and investment performance (£611.4m). 17 straight quarters of net inflows. 3 months ending June was 6th highest inflows of the last 17, about 15% below record of £272.7m in calendar Q315. Looks pretty good especially considering that Woodford Income Focus Fund is now about £700m and many of their funds will have competed for assets against him.

[gsbmba99] 07/7/2017 07:46

Liontrust published their quarterly AuM statement yesterday. "UK Retail net inflows of £177 million, second highest quarterly UK Retail net inflow for over seven years" Sounds like retail inflows were very strong in calendar Q2. Potentially good news for PAM? We should find out shortly.

[gsbmba99] 24/5/2017 07:24

1H results out ( Adjusted PBT +32.6 on 1H16. Adj. Revenue +14.1% and admin costs +8.1%. PBT margin 28.8% in 1H17 versus 24.8% last year. Looks like they need +30% 2H17 adjusted PBT to hit the £13.95m forecast. AUM entering 2H17 is 21.7% higher than last year so need good inflows and/or operating leverage.

[gsbmba99] 17/5/2017 10:46

Relatively small but consistent progress being made here. 3 year CAGR (9/13-9/16) of operating profit (pre-exceptional, pre-amortisation) of 37% on current year PE of 13. Seems uncommonly good value relative to other asset managers.

[gsbmba99] 05/5/2017 05:48

Are there forecasts for 9/19E for Revenue, PBT, EPS, DPS? Or do they just have FY and FY+1 out there?

[spoole5] 26/4/2017 07:09

Nice under the radar stock this. Fantastic margins, little working capital needed means high payouts to shareholders.

[gsbmba99] 26/4/2017 06:58

Quarterly dividend announcement ( As expected, 1.25p ex dividend 4 May to be paid 2 Jun.

[spoole5] 12/4/2017 10:54

In this morning at 134. Divi forecast 7.5p this year and 11p next year.

[113mike] 12/4/2017 09:31

I'm still in and will continue to hold for a while... hopefully this is the start of an share price upturn!

[spoole5] 12/4/2017 08:49

Looks like electra offloaded their stake in the closing auction at 125 last night.

[spoole5] 11/4/2017 22:49

Decent update, don't hold but may take a position in next few days. Forward 2018 pe of 8.5 and divi yield of 8%. Jupiter on pe of 13.5. Looking for overlooked value divi plays for the isa, this and EPWN fits the bill.

[113mike] 04/4/2017 10:05

SP drifting lower ..any views ?

[113mike] 13/2/2017 13:58

I'm in just now. Shows as a sell!

[topvest] 10/10/2016 20:11

Well I've added a few of these as it looks to be doing very well as a niche multi-asset retail fund manager. Growing AUM very strongly and 40 consecutive months of AUM growth. Electra have retained some of their holding. Think Electra paid too much in the original buy-out as they haven't made stellar returns here. Still looks good going forward though.

[rampmeister] 21/11/2006 23:29

hellooooooo - Wiganer in view of trading statement any chance they can beat 7.5 eps?

[oregano] 10/4/2006 08:13

Premier Asset Management Plc

Completion of Acquisition and Trading update

Premier Asset Management Plc announces that it has completed the acquisition of
the Framlington Absolute Growth Fund and that this £50 million fund will be
available to investors as the Premier Absolute Growth Fund with effect from
today.


The Directors are pleased to report that in the six months ended 31st March
2006, net sales across the group exceeded £110 million. This compares to a
figure of £43 million for the same period last year and the directors are
encouraged with this continued organic growth within the business. As at 31st
March 2006, funds under management were £1.33 billion, up by 92% since 30th
September 2005 and by 7.3% since 31st December 2005.



The company expects to announce its interim results for the half year ended 31st
March 2006 on the 15th May 2006.

[soysoy] 05/1/2006 17:46

Premier Equity & Income Bond Zero dividend preference

[oregano] 05/8/2005 13:52

no idea on the bid, given the valuation it is a possibility. i suspect it's just a snap back post the sellers clearing. PAM fell from 80p over the time the market has moved up considerably, so playing catch up.

given the high volumes and pick up in share price it should start to receive more attention.

[hnwi] 05/8/2005 13:44

This thing has now moved more than 10% today - if there is anything going on eg a bid approach, the S.Exchange will press them to make a statement ASAP.

[hnwi] 05/8/2005 10:24

The way these thinks are moving...is there a Sunday tip coming?

[oregano] 04/8/2005 16:44

please see my previous thread on this stock for some thorough analysis. Selling shareholders have cleared out and small volumes are moving this up. The freefloat is only £6m so it doesn't take much volume to shift it.

[oregano] 04/8/2005 15:14

PAM up again when financials are down and the bid for Amvescap has been pulled.

[oregano] 03/8/2005 11:54

sellers cleared out and the stock moving on again. no sellers in the last couple of days. ho hum

[oregano] 01/8/2005 17:03

PAM - big volume day last Friday and starting to move, does anyone follow this stock?