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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Premier Miton Group Plc | PMI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 63.50 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 63.50 | 63.50 | 63.50 | 63.50 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 05/12/2023 | Final | GBP | 0.03 | 18/01/2024 | 19/01/2024 | 16/02/2024 |
| 31/05/2023 | Interim | GBP | 0.03 | 06/07/2023 | 07/07/2023 | 04/08/2023 |
| 02/12/2022 | Final | GBP | 0.063 | 12/01/2023 | 13/01/2023 | 10/02/2023 |
| 27/05/2022 | Interim | GBP | 0.037 | 07/07/2022 | 08/07/2022 | 05/08/2022 |
| 07/12/2021 | Final | GBP | 0.063 | 13/01/2022 | 14/01/2022 | 11/02/2022 |
| 28/05/2021 | Interim | GBP | 0.037 | 22/07/2021 | 23/07/2021 | 13/08/2021 |
| 26/11/2020 | Final | GBP | 0.045 | 14/01/2021 | 15/01/2021 | 12/02/2021 |
| 09/04/2020 | Interim | GBP | 0.0075 | 30/04/2020 | 01/05/2020 | 29/05/2020 |
| 10/01/2020 | Interim | GBP | 0.0175 | 30/01/2020 | 31/01/2020 | 28/02/2020 |
| 28/11/2019 | Final | GBP | 0.054 | 05/12/2019 | 06/12/2019 | 10/01/2020 |
| 09/07/2019 | Interim | GBP | 0.017 | 01/08/2019 | 02/08/2019 | 06/09/2019 |
| 09/04/2019 | Interim | GBP | 0.017 | 02/05/2019 | 03/05/2019 | 07/06/2019 |
| Top Posts |
|---|
Posted at 23/4/2024 10:24 by jeffian Yes, sorry, I wasn't implying a direct financial benefit to PMI just that any benefit to the funds they manage must help them. |
Posted at 22/4/2024 21:33 by dexdringle I assume PMI hold these things on behalf of their fund unit holders and not for their own benefit ? It will therefore benefit their clients (by way of fund performance) but is of no benefit to their shareholders.... |
Posted at 22/4/2024 19:17 by jeffian I note that PMI has disclosed a 1.53% (3.013m shares) holding in Tyman group, up 35% (£1.02/share) today on agreed takeover news. Every little helps! |
Posted at 12/4/2024 18:20 by riverman77 I wouldn't say the update was anything of a surprise - still seeing outflows although as expected market movements helped to offset this. Not a huge fan of PMI as funds looks pretty average and generic, but did decide to take small position couple of weeks ago at 54p as felt too cheap. Will probably hang on as the sector seems to have some momentum now as flows expected to gradually pick up. Have a much bigger position in POLR which I think is a much better outfit and more specialist funds. |
Posted at 12/4/2024 14:14 by undervaluedassets Well the news from the company today flies in the face of what a lot have been saying on this board.As the mood music has been so negative here ...a reflection largely of the share price.. the update today has come of something of a surprise .. and we have been rewarded with an 8% leap in the share price. PMI are not the only ones seeing some share price accretion after an extended downturn. Liontrust also doing somewhat better as is the much downtrodden LTI. Asset managers have a very strong beta and are in my opinion are largely oversold. |
Posted at 02/4/2024 11:14 by mister md Looks tempting re: dividend but scanning through RNS don't see any Director buys - just options/bonus schemes etc. So will probably give it a miss. |
Posted at 28/3/2024 09:47 by riverman77 Any reason for the recent further weakness? As you can see from my previous posts, I'm not much of a fan, but I guess everything has a price, and PMI do have loads of cash (so the double digit dividend should be secure for the foreseeable future). |
Posted at 26/2/2024 18:03 by eigthwonder I would be very interest in reading the John Authers article, but here is my take. Mid cap trackers have an in-built advantage in that they bank profits of promoted companies but FTSE 100 has had a habit of blow ups and disappointments from its largest companies - remember VOD was over 10% of the index at one point and has frittered away taking index performance with it. Active fund managers, including PMI managers, tend to be underweight the largest companies as to outperform an index you have to look different from it, and betting against the largest constituents is a sure way of doing that. Passives therefore have problems of owning highly priced disappointments which have a disproportionate weighting, and there is a sound argument that at some point so much money is held in passives that active managers will be able to outperform due to increased price inefficiencies from lack of research. But.....I am not convinced we are there yet - if you are a global asset allocator, why bother taking a 50:50 chance on an active manager when you can guarantee parity against the index through a tracker, why bother sticking your neck out on (say) an apparently cheap market which is just off the mainland of Europe when your call on Apple alone within the S&P is more meaningful? The largest companies in the largest market with the largest passive share (I think) are now so dominant they have a degree of self-perpetuating momentum about them. So active managers who have a tendency to bet away from the largest companies face an uphill battle to re-attain their place in asset allocators' minds. BTW The logical corollary to this is...if the largest companies are to underperform it will be because there is a meaningful exit from equities as a whole. |
Posted at 06/12/2023 09:46 by masurenguy Peel Hunt: Premier Miton offers upside after dividend cutAsset manager Premier Miton (PMI) is facing a ‘hostile&rsquo Sage said the profits were 7.5% above his forecast with the bottom line boosted by variable costs falling 44% to 14.5% of revenues. Meanwhile, a "yield of nearly 10% should support the shares. Although the environment remains hostile, the business is healthily profitable and rewarding investors through dividends. The 9.7% yield and low earnings multiple – the full-year 2023 price/earnings is eight times rising to 10 for full-year 2024, which we expect to be trough earnings – allow for upside. |
Posted at 14/11/2023 09:50 by rogen83 PMI earnings multiple has derated to about 10x, versus 13-15 historically. However versus peers PMI has derated (ABDN, JUP, ASHM have all rerated in the last month) where PMI has gone nowhere.PMI offers an acquirer a pure play UK franchise with a solid performance track record, and strong brand. They are deliberately not benchmarking themselves to the broader indices so they can target alpha across a variety of economic cycles. I just think it’s a good and profitable business which is well undervalued now (admittedly like a lot of uk small caps). |
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