We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Tatton Asset Management Plc | TAM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -6.00 | -1.03% | 574.00 | 16:35:24 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 580.00 | 580.00 | 580.00 | 574.00 | 580.00 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 16/11/2023 | Interim | GBP | 0.08 | 23/11/2023 | 24/11/2023 | 08/12/2023 |
| 13/06/2023 | Final | GBP | 0.1 | 06/07/2023 | 07/07/2023 | 15/08/2023 |
| 22/11/2022 | Interim | GBP | 0.045 | 01/12/2022 | 02/12/2022 | 16/12/2022 |
| 15/06/2022 | Final | GBP | 0.085 | 23/06/2022 | 24/06/2022 | 02/08/2022 |
| 17/11/2021 | Interim | GBP | 0.04 | 25/11/2021 | 26/11/2021 | 17/12/2021 |
| 15/06/2021 | Final | GBP | 0.075 | 24/06/2021 | 25/06/2021 | 28/07/2021 |
| 18/11/2020 | Interim | GBP | 0.035 | 26/11/2020 | 27/11/2020 | 18/12/2020 |
| 16/06/2020 | Final | GBP | 0.064 | 16/07/2020 | 17/07/2020 | 28/08/2020 |
| 11/11/2019 | Interim | GBP | 0.032 | 21/11/2019 | 22/11/2019 | 13/12/2019 |
| 03/06/2019 | Final | GBP | 0.056 | 13/06/2019 | 14/06/2019 | 12/07/2019 |
| Top Posts |
|---|
Posted at 16/4/2024 07:38 by edmonda "AUM up 30% in FY24, record flows, forecasts raised"AUM jumped £3.8bn or +30% in FY24, reaching £16.6bn on 31 Mar 24, 12% above our previous forecast of £14.7bn. Including 50%-owned 8AM Global, Assets Under Influence hit £17.6bn. Investment performance provided a tailwind, adding £1.5bn to AUM. But our key takeaway from Tatton’s hugely impressive last few years, is that it has designed and implemented a superior offering in platform-MPS with net flows consistently far higher than peers. That leadership looks even more pronounced in H2-24 with net flows of £1.4bn v £0.9bn in H1. Forecasts increase on the jump in AUM, although Tatton has flagged that flows were elevated in H2 and unlikely to continue at quite the same level. Our fundamental value rises to 620p per share (prev. 580p). We will re-visit forecasts in June with final results and when Tatton presents an updated strategic growth target. We also flag growing trading volumes/interest in TAM shares. New research report: |
Posted at 19/10/2023 15:07 by kalai1 Tatton Asset Management plc issued a trading update for the for the six months ended 30 September 2023 this morning. The Group is performing well and results are in line with the Board's expectations for the Period, with continued growth in both revenue and profits driven by strong net inflows. Total net inflows in the Period were £0.910bn, marginally ahead of both the final six months of the prior financial year (H2 23: £0.887bn) and the same Period last year (H1 23: £0.907bn), total AUM at the end of the Period was £13.720bn (30 September 2022: £11.343bn), an annual increase of 21.0% or £2.377bn. Including 8AM Global Limited assets of £1.064bn, AUM/AUI increased over the last twelve months by 19.8% or £2.441bn to £14.784bn (30 September 2022: £12.343bn). Valuation is unhelpful with forward PE ratio over 20x and PS ratio near 8.6x. Share price also lacks momentum. Monitor for now......from WealthOracle |
Posted at 18/10/2022 14:35 by kalai1 hxxp://wealthoracle. |
Posted at 18/10/2022 14:34 by kalai1 Tatton Asset Management plc provided an update on performance for the six months ended 30 September 2022. The Group performed well in the Period with continued growth in revenue and profits and strong net inflows in a difficult and volatile market. Total inflows in the Period were £0.907bn an increase of 39.1% compared to the same period last year (Sept 2021: £0.652bn). These strong organic net inflows were offset by a negative market performance of £0.905bn resulting in total AUM at the end of the Period being in line with the prior year end at £11.343bn (Mar 2022: £11.341bn). This is pretty solid performance given the ongoing bear markets in both equities and bonds......from WealthOracle hxxps://wealthoracle |
Posted at 15/6/2022 07:28 by edmonda #TAM Despite sharp market falls in Q4 of FY22 (Jan-Mar 22), AUM grew 26% y-o-y to £11.3bn (FY21: £9.0bn), with £1.3bn of net inflows (14.2% of opening AUM compared to a sector median of just 4.3%). Revenue grew 26% from £23.4m in FY21 to £29.4m, adjusted operating profit 27% from £11.4m to £14.5m, and adjusted operating margin increased from 48.8% to 49.5% (compared to a sector median of 32%), providing further evidence of operational gearing.Net cash increased 28% from £16.9m to £21.7m, even though £6.6m was paid in dividends and £3.0m for the first tranche of the Verbatim funds acquisition. Tatton has declared a full-year dividend of 12.5p, 14% up on the 11p distributed in FY21, giving a yield of 3.0% Our fundamental value is 530p per share. That is c. 27% above the current share price, but down slightly on our previous value of 560p per share - due mainly to an increased discount rate (which is in turn due to the recent jump in UK 10-year Gilt yields which we have used as our risk-free rate). |
Posted at 21/4/2022 01:37 by tudes100 I'm not sure I agree that TAM is not cheap currently. We're now in FY23, FY forecast is 21.1p EPS but with the acquisition announced yesterday forecasts will be getting increased to close to 22p. This puts them on a fc PE of 19x which given their track record is excellent value imo. |
Posted at 20/4/2022 07:53 by edmonda #TAM AUM ended FY22 (31 Mar 22) on £11.3bn, +26% y-o-y (31 Mar 21: £9.0bn), in line with our previous forecasts. But more impressive, from a longer-term strategic perspective, is the fact that ‘organic&rsquoTatton has also entered into an agreement to acquire 50% of 8AM Global Limited (8AM), for c£7.0m (£3.5m payable on completion, funded through the issue of new shares, plus two performance-adjusted payments after 12 & 24m). Tatton will have an option to acquire a further 50%. This appears to be a solid strategic fit and in line with Tatton’s acquisition strategy. Our bullish view on Tatton’s fundamentals remains unchanged, as do our forecasts, other than a small adjustment to FY22 AUM to match the actual closing value. We maintain our fundamental value of 560p per share1 which is around 30% above the TAM share price following its recent fall, although we highlight the fall is not unique to TAM, with ‘growth shares’ generally hard-hit in 2022. |
Posted at 11/3/2022 14:29 by km18 ...from last year...Tatton Asset Management issued a trading update for the 6 months to September this morning. The Group delivered strong growth across all its key metrics during the Period, including revenue, profits and assets under management ("AUM") and the Group is trading in line with expectations. Total AUM increased by 20.0% or £1.797 billion to £10.787 billion with organic growth contributing 12.8%. Tatton net inflows were £0.652 billion, increasing 98.8% compared to the same period last year. In addition, strong investment performance increased AUM by over 5.0% adding £0.495 billion. Share price has already risen 150% in the post-Covid rally, valuation is not cheap. But the business is growing solidly, is scalable and should deliver very strong EPS growth in coming years. It may not get any cheaper. BUY.... ...from WealthOracleAM |
Posted at 17/11/2021 07:54 by edmonda #TAM In October, we upgraded our forecasts and fair value based on higher-than-expected AUM at the end of H1 (£10.8bn on 30 Sep, +38% y-o-y), with net inflows being particularly strong (£652m, 99% up on H1 21), and a growth outlook boosted (primarily) by a new distribution agreement concluded with Fintel plc - which provides access to 3,800 intermediary firms.Tatton’s interims confirm our projected strong H1 performance. Short-term growth momentum continues with AUM reaching £11.2bn on 12 Nov. And progress on the Tenet partnership (incepted 2019) show a ‘snowball&rsqu In March 21 (AUM: £9.0bn), Tatton outlined a plan to reach £15bn AUM in three years. It targeted £1bn of organic net inflows per year and had a healthy M&A pipeline. Today, with such strong inflow momentum, and in particular the huge potential of the Fintel distribution deal, we think it could hit the target without further acquisitions. On this basis, our fair value is 560p per share. This value has potential to increase if further value enhancing acquisitions are executed and/or if organic growth exceeds expectations. In addition, given its growth prospects, we don’t consider Tatton’s forward PE (adjusted) of 29 to be particularly demanding. |
Posted at 15/6/2021 07:47 by edmonda #TAM Tatton’s FY21 results highlight strong momentum in the business. Current AUM inflows have returned to pre-Covid levels and now average £100m per month, with the £9.0bn AUM milestone reached on 31 Mar (subsequently surpassed, reaching £9.5bn on 15 June). That translated to 35% AUM growth for FY21 (AUM 31 Mar 20: 6.7bn).Tatton hasn’t gone unnoticed by investors. Its market cap has now surpassed £1/4bn, up around 70% y-o-y. However, its valuation compared to peers is still not demanding. While it is a top-quartile performer when it comes to AUM inflows (as a % of opening AUM), its price-earnings ratio of 27* is below the peer median of 32, and far below its highest rated peers which have PE ratios well north of 40. If it continues to deliver, Tatton will surely appear on more and more investors’ radar screens going forward. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
