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After todays report from IPX of excellent 84% growth in AUM to £37.2bn at FY end 30 Sept, new research out from Equity Development with Fair Value rising to 1300p/share from 1205p.
Free access to read full note here: https://www.equitydevelopment.co.uk/research/inflows-main-contributor-to-84-aum-growth-in-fy21
Why the hell did I sell up at 134?! A good example of running your winners!
Another strong showing in AUM growth to end August, and ED analyst pointing out that £38bn is already well past their Sept y/e forecast......with another month to go.
IPX usually release more detail in October , so new note out from ED says their numbers will be reviewed then. And that Impax will 'almost certainly exceed our existing year-end forecasts of revenue (£134m), adjusted operating profit (£45m), and net cash (£54m) by some margin'
Full note freely accessible here , with audio summary :
https://www.equitydevelopment.co.uk/research/aum-growth-ahead-of-forecasts-and-segment
Awesome stock. Broken the £13 mark. My best buy by a long way!
In case you missed our webinar with Impax Asset Management the recording and stockopedia report can be found here: https://www.sharesoc.org/seminar/sharesoc-webinar-with-impax-asset-management-ipx-1-july-2021/
To access the recording, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: https://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the recording (and recordings/reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: https://www.sharesoc.org/contact-us/
We are hosting a webinar with Impax Asset Management on Thursday which may be of interest to current shareholders and potential investors: https://www.sharesoc.org/events/sharesoc-webinar-with-impax-asset-management-ipx-1-july-2021/
44 mins in duration , Ian Simm and Charlie Ridge review a spectacular first half and look to the future :
https://www.equitydevelopment.co.uk/research/impax-am-interims-webinar-video
H1 results saw AUM up by a stunning 49% in 6 months.
With growth forecasts beaten by some margin + evidence of operating leverage kicking in, Equity Dev increases core valuation to 1205p/share. See detailed note:
https://www.equitydevelopment.co.uk/research/surging-aum-boosts-revenue-profit-dividend
Impax AM - Interim Results investor presentation with Q&A will take place on 28 May (11.45am). Ian Simm (CEO) and Charlie Ridge (CFO) will conduct a live presentation covering their results for the six-months period ended 31 March, and the event is open to all existing and potential shareholders:
https://www.equitydevelopment.co.uk/news-and-events/impax-am-interim-results-investor-presentation-with-qa-28-may-2021
Great performance from IPX so far - broken past the £10 per share barrier now and hopefully it will keep pushing on as more investment gets put into clean energy etc
AUM up a stunning 49% in H1 and net inflows were particularly impressive. Equity Development publish update research note and see no let up in capital flows towards sustainable investing.
IPX is now ahead of the AUM growth trajectory (£50-55bn by 2025) that underpins their current fundamental valuation of 925p per share. Forecasts to be updated after results in June.
Read full note here : https://www.equitydevelopment.co.uk/research/another-surge-in-aum-outlook-remains-positive
ESG: a 'must watch' video for company Directors and investors alike.
Lisa Beauvilain of Impax ; Brij Malkan CEO of Rebalance; Ben Stocks CEO Porvair; Tim Ward CEO of the QCA all discuss ''From good intentions to real change'' for 1 hr here
https://www.equitydevelopment.co.uk/research/esg-from-good-intentions
looks like the democrats poised to take the senate and give biden full control is helping out environment based shares like this one big time!
exciting share this one. Sustainable and environmental investments are the way forward. More than doubled my money since June! Good luck to all share holders of IPX, definitely think its one to hold on to for the future.
Another great day
...no not cigarettes: IMPAX has significant holdings in both the Marlborough Nano Caps and Micro Caps at the mo..
In the last month price has risen from 378p to 445p and is still going.
"Despite recent market volatility, Impax has again delivered significant growth, with net inflows of over £960 million for the quarter to 30th June.
"With our assets under management at £18.1 billion, a record high, and an attractive pipeline of new business, it is clear that investor interest in the transition to a more sustainable economy continues to gather momentum. Notwithstanding the current Covid-19 crisis, interest from asset owners in Impax's investment capabilities remains very healthy."
The Impax presentation recording and stockopedia report from our recent company webinar can be found in our members area here: https://www.sharesoc.org/seminar/sharesoc-webinar-with-impax-ipx-10-june-2020/
To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: https://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: https://www.sharesoc.org/contact-us/
SYME enjoy
Brought back in early 2018 well below 100. Been a very nice little earner since then. Still bags of potential....
Can anyone explain why a person would buy a small quantity of shares. Looking at this company I notice share trades of a 100 off or less. The costs associated I would think could be prohibitive?
Thanks
You can meet the managers of Impax at the Mello Trust and Funds Show. We all have discounted tickets available from ShareSoc, full members get an originally £49 ticket for the reduced price of £24.50 - hTTps://www.sharesoc.org/blog/education/learn-from-experts-at-the-mello-investment-trust-and-funds-conference/
Great results yet sp down 6%?!?