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PMI Premier Miton Group Plc

60.00
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Premier Miton Group Plc LSE:PMI London Ordinary Share GB00BZB2KR63 ORD 0.02P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 60.00 211,138 08:00:00
Bid Price Offer Price High Price Low Price Open Price
59.00 61.00 60.00 60.00 60.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 74.45M 3.68M 0.0247 24.29 89.4M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:33:07 O 103,000 60.00 GBX

Premier Miton (PMI) Latest News (2)

Premier Miton (PMI) Discussions and Chat

Premier Miton Forums and Chat

Date Time Title Posts
11/12/202412:02Premier Miton Group515
06/11/201313:12Petromanas Energy Inc....... 250% + Returns in 2months ?26
21/8/200107:36PRE MARKET INDICATOR1

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Premier Miton (PMI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-20 17:33:0760.00103,00061,800.00O
2024-12-20 16:21:5960.701,000607.00O
2024-12-20 16:21:4560.701,235749.65O

Premier Miton (PMI) Top Chat Posts

Top Posts
Posted at 21/12/2024 08:20 by Premier Miton Daily Update
Premier Miton Group Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker PMI. The last closing price for Premier Miton was 60p.
Premier Miton currently has 149,000,000 shares in issue. The market capitalisation of Premier Miton is £89,400,000.
Premier Miton has a price to earnings ratio (PE ratio) of 24.29.
This morning PMI shares opened at 60p
Posted at 05/12/2024 08:48 by sphere25
Anyone brave enough to call a bottom in the sector?

The sector certainly looks cheap and ripe for M&A. I've had a nosey at LIO, tried to trade IPX (got it wrong) and had involvement with PMI in the past. I was wrong here though, certainly didn't expect flows and sentiment to continue to be this crushingly bad.

It still isn't nice viewing when you look at the overall picture and wonder when sentiment will eventually change, but they are so beaten up and market sentiment is very depressed so it does beg the question:

Anyone brave enough to call a bottom in the sector?

This looks like it just doesn't want to fall through the low 50's.

It is on the watchlist. There was some decent buying yesterday. Just watching to see if anyone does step in big at some point.

All imo
DYOR
Posted at 05/12/2024 07:16 by masurenguy
Panmure Liberum: Liontrust over Miton
Premier Miton (PMI) is cheap but other asset managers are cheaper, says Panmure Liberum.

Analyst Rae Maile retained his ‘hold’ recommendation and target price of 100p on the investment company, which rose 10.2% to 60.6p on Wednesday. The group reported a strong start to the current financial year, with better-performing markets and reduced outflows, meaning assets under management at the end of November were £200m higher than at the end of September. "Another year of earnings per share covering a maintained dividend per share of 6p per share is in prospect should flows continue to normalise and markets behave. The price/earnings ratio on little changed earnings per share estimates is under 9 times and the yield on a maintained payment 10.9%." This means that the shares are ‘cheap’ but Maile noted that ‘others in the sector – most obviously Liontrust (LIO) – are cheaper, yield more, and arguably have greater gearing to a more positive flow environment’.
Posted at 04/12/2024 17:27 by riverman77
If you read the full article it says the inflows in November were probably just a partial reversal of the CGT based selling in October ahead of the budget, and they expect the outflows to resume over coming months. Not great for the likes of PMI.
Posted at 04/12/2024 08:43 by davethehorse
True but the market likes it and it's being re rated based on the outlook now going forward, hopefully see an share price near 70p soon, I think PMI and several other asset managers are very oversold currently, ripe for a decent bounce...
Posted at 03/12/2024 09:48 by davethehorse
PMI were recovering nicely earlier in the year and flows were improving, the run up to the budget was disastrous with all the rumours and speculation re tax changes, that's all settled down now so PMI could well bounce back strongly from that, with flows back in after the uncertainty. Fingers crossed, looks good for a nice recovery imo...and a decent divi to boot...
Posted at 27/11/2024 15:11 by bmcollins
@eighth
I am most impressed in your confidence in knowing exactly what "income fund managers" want from their investments which, to me, appears to be rather constraining for them.
I do attend a number of income I.T's AGM's each year, both physically and virtually, oddly enough I have never heard your assertion mentioned.
What I do hear is the managers laying out their strategy for selecting new investments and the current yield is barely mentioned, indeed it is mainly about value & overall prospects for specific sectors, as if they get the stock right the dividends will surely follow. FWIW I view PMI as a reasonably run stock in a sector which could easily pick up swiftly due to operational gearing and this stock could well be a target for comsolidation in an industry which is already consolidating. If it pays 3p or 6p I am not really bothered as I hope to be rewarded by an increase in price rather than yield, if you want certainty on a yield you buy a gilt, surely ?
Posted at 27/11/2024 12:31 by eigthwonder
O'Shea was/is a marketer of funds not a manager; if he thinks there is money to be made in hand carved walking sticks he could conjure up the fund and the profile but he wouldn't be selecting the sticks. The "pay it out and then ask for money" merry go round is a ridiculous one too. PMI would be best to have started at a payout which was impossible to be uncovered, let's say 25%, and then build the actual nominal amount at say 5% pa; income fund managers like to be able to forecast their income and steady increases are much preferred to a random walk.
Posted at 11/10/2024 09:11 by martinmc123
3*
Another fund manager reporting net outflows during the quarter albeit only modest ones. The business saw £133 million of net outflows for the Quarter but closing AuM at 30 September 2024 were still up 9% ytd to £10.7b. This is pretty decent compared to some of the other asset managers who have reported, share price has bounced a little on the news. The business is solid and has been delivering growth for a number of years, but is currently in a downturn as is much of the sector and...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/PMI/865
Posted at 01/10/2024 20:57 by davethehorse
Forever the optimist....the comment was re the late reported mid price trades, which as a holder i would of thought you may of found of interest after the recent slump in share price ..oh well...
Posted at 12/4/2024 13:14 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.
Premier Miton share price data is direct from the London Stock Exchange

Premier Miton Frequently Asked Questions (FAQ)

What is the current Premier Miton share price?
The current share price of Premier Miton is 60.00p
How many Premier Miton shares are in issue?
Premier Miton has 149,000,000 shares in issue
What is the market cap of Premier Miton?
The market capitalisation of Premier Miton is GBP 89.4M
What is the 1 year trading range for Premier Miton share price?
Premier Miton has traded in the range of 52.50p to 83.50p during the past year
What is the PE ratio of Premier Miton?
The price to earnings ratio of Premier Miton is 24.29
What is the cash to sales ratio of Premier Miton?
The cash to sales ratio of Premier Miton is 1.2
What is the reporting currency for Premier Miton?
Premier Miton reports financial results in GBP
What is the latest annual turnover for Premier Miton?
The latest annual turnover of Premier Miton is GBP 74.45M
What is the latest annual profit for Premier Miton?
The latest annual profit of Premier Miton is GBP 3.68M
What is the registered address of Premier Miton?
The registered address for Premier Miton is EASTGATE COURT, HIGH STREET, GUILDFORD, SURREY, GU1 3DE
What is the Premier Miton website address?
The website address for Premier Miton is www.premiermiton.com
Which industry sector does Premier Miton operate in?
Premier Miton operates in the INVESTMENT ADVICE sector

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