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72p total dividend for the year, thats a yield of 7.6% Don't think I ve seen as good!!
50p is a great second dividend.
There will be ups and downs but worth holding for dividends alone.
it was good opportunity to top up this morning
what was the first interim divi please only just bought in trying to work out yield for the year?
hi All,
I would have expected the share price to rise by a good % given the earnings and dividend. Is it something to do with the net inflow of funds that has caused the drop?
excellent results ,wrong day, FTSE 100 is down 90 points
Second interim dividends is 50p per share.
Overall the results look good. The current macro environment is not suitable for asset managers but Liontrust should see through it. Wonder how the markets are going to react.
Results:
· Adjusted profit before tax of £96.6 million (2021: £59.0 million1), an increase of 64%.
· Adjusted diluted earnings per share of 127.6 pence per share (2021: 80.1 pence per share1), an increase of 59%.
· Profit before tax of £79.3 million (2021: £34.9 million), an increase of 127%, see note 5 below for a reconciliation to Adjusted profit before tax.
· Revenues (Gross Profit) of £231 million (2021: £164 million), an increase of 41%, includes £12.6 million of performance fee revenues (2021: £13.7 million)
hi there, strong buy for me! I have topped up a bit during the downturn, company still growing their profits alot and no debt so think good long term buy and hold!
It’s a very quiet board, any views on this share?
I picked a few up after the last trading update, it was a hold in my sipp I’m guessing it’s a watch and wait.
LIO is not doing that good today, just lost what ever gained yesterday
Highlights
· Net outflows of £0.4 billion in the three months ended 31 March 2022 and net inflows of £2.5 billion for the financial year ended 31 March 20221.
· Assets under management and advice ("AuMA") were £33.5 billion as at 31 March 2022, an increase of 8.5% over the financial year.
· Majedie Asset Management Limited ("Majedie") acquisition completed on 1 April 2022 adding £5.2 billion2 to AuMA, taking Liontrust's pro forma AuMA to £38.7 billion.
While we had net outflows of £0.4 billion in the three months to 31 March 2022, over the whole financial year, Liontrust generated net inflows of £2.5 billion and has delivered positive sales at the start of the new financial year. The largest negative impact on net flows in the last quarter was the loss of the £329 million investment management mandate for the Verbatim Funds.
we have movement at last and back to £15 soon
Yes the last summer high (£26 ish) was a bit frothy (even above analysts avg target which i flagged at the time) but even allowing for that the drop to £11 ish seems v pessimistic. Given the inflationary uncertainties plus Ukraine/ Energy prices etc I'd like to think we're near to the low point (whatever that turns out to be). The charts show above average selling vol recently which might indicate a low but given the current Ukraine situation, who knows...GLA
This was my largest holding. Appreciate markets are challenging ATM, but this seems ridiculous
I'm surprised how quickly the sp has retreated in the past 3 months.
The Russia fund was barely £180m in size prior to the collapse. Peanuts relative to the AUM of the firm.
Now suspension of its Russia-focused fund. Not a great year for sp of LIO. Still feel like it could go lower.
The BoD only just got that across the line. A hefty proportion of shareholders not happy with it, even with supposedly a better structured LTIP and the claimed more stretching performance targets. Happy I followed my gut at £22 in December and cashed-out for the present
LIO is empire building on the back of its highly rated paper. Mr Market has rumbled this now, and quite rightly is not happy.
I'm still surprised by the degree of pull-back in the sp here ( and on SMT). I went mainly into cash in early December as I was worried about many of my shares being "toppy" and how markets would react to Omicron and many geopolitical events. But I'm not yet tempted to buy back into LIO and a few others as I still see much uncertainty and potential downsides.
I think the drop is due to rising inflation raising the prospect of upward interest rates...
The Chairman wrote very confidently about the added value that would be derived from recent acquisitions and the continued performance of LIO's funds/teams ( which I should check with Morningstar). I'm trying to think through what I make of the still high PE, the volatility in the market, the dividend yield vs inflation levels and the relative sense of putting money in a S&P or pan-European tracker as opposed to LIO.
bought some more at 1720,
AuMA as at 14 January 2022 were £36.0 billion.
looks like investors are taking profits in January