The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
another excellent year and looking very strong going forward .
try PHNX
Good luck folks ... I'm out ... sold about 2/3 of our holdings in ASHM a while back at the 365 level ... sold the rest on Friday at almost 380. It's done us well, bought in at about 260 back in 2015 with about a 5.9% yield back then, took the dividends, but now that the yield is down to the low 4's level (static dividend and increasing SP) decided to cash in the capital gain and go eleswhere for my income driven portfolio. Let's hope the SP continues to rise and the board adopts a progressive dividend policy -- it would be a disaster if they started a buy back. Again good luck everyone, may your losses be small, and your gains large! Mike
I think the market is very unimpressed by the lack of dividend growth given the rise in profits and the improved cash position. Given what's going on over at EMG I wouldn't be surprised if the BoD squandered the improved cash position on protecting their bonuses via a share buy back rather than give it to the shareholders via dividends as they should. Mike
Positive new followed by a 10% drop in SP...
like a positive result but SP falls
Had a shot of gas n air here today. Good luck.
Merry Christmas to you LordAdam. Hope it went well. Mine was great, I spent it with friends. Avoided the family. It was mutual. I'm not in Ashmore at the momment but will be soon. Happy hunting
Hi ... thanks for posting ... I got in about 18 months ago for the long-term dividend at the 270-75 sort of price and have been collecting the dividends steadily since then. As you say all things emerging are taking a beating at the moment but as I see it ASHM are one of the best managed fund companies and I didn't want to be without some exposure to that market. I'm up to weight at the moment in ASHM but after the April ISA inflow will be looking to top up -- I'd like the 250-275 sort of price range but that might be just way too low to be a realistic option, but you can never tell in this game! Mike
Hello LordAdam. Ashmore are not discussed very much on boards like this but they are in the City and other cities. They are one of my favourites.They are a brokers favourite too. Extremely volatile, just look at their chart. They pay a good dividend. Emmerging markets are taking a battering at the momment. When do you buy? When it's frothy or when all the gas has gone out of it?
It's been a long, long, time since anyone posted anything here ... ... and I know there's got to be folk out there who are interested in discussing Ashmore and it 's prospects. So where are you all hanging out? Where's the go-to bulletin board for ASHM? Mike
up 50 pence for me.
As usual this gets hit with Asian shares, despite the fact it has prooven its resilience and has a well managed portfolio
Still going up. Great to see
This share is so undervalued. Bought in 200p when anything to do with EMs got hammered in post new year China 'crisis'. Ashmore have proven experts in their field of EMs and just like Aberdeen today we will see they have navigated through these choppy waters very well. Expect it to be well above 250 over next 3 months.
News from china not as bad as half expected. Markets up and as predicted ASHM up more than rest of market.
Brokers seem to be hunting down the shareprice. Admittedly, ASHM specialise in emerging markets but they are experts here and pay a good dividend. Share price could shoot up again once this current market angst is over. Anyone would think China is in a recession. CEOs recent update is worth a read, especially final sentence.
with you Paulie12. They are volatile though.That might be because they are such a favouite with the institutions. They are one one of my favourites too, and I'm not an institution. I bought back in today
These shares are a reasonably safe bet ( if there is such a thing ) to trundle upwards. Add in the top end 5.47% divi and it must be very tempting. Just bought in today.
if the hedge funds cover their shorts, the price will go higher. The only way that will happen is a weak dollar plus Chinese stimulus. Time will tell.
5p higher at the open. Market is pleased. Shorters beware.
The headline profit figure looks OK, but the underlying issues of net fees, assets under management etc. are concerning. If emerging markets recover, and/or the dollar weakens, then ASHM will be golden. Hold.
Interim results on Tue...looking good
Crispin, ASHM trend is reversing and it's about to break its 200 day MA. Go long.
Notified shorts on Ashmore are now being run by Odey and Discovery Capital and account for 7.81% of the shares.