Updates

Liontrust - CEO and FD buy shares (17% yield!)

December 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A very confident H1 statement from Liontrust , despite assets under management and advice (AuMA) declining in the period and into the start of H2. As a sign of that confidence, Liontrust has committed to keep the dividend at the same level as last year (72p or a whopping 17% yield) and started a £5m share buyback (c2% of the equity). Its problem to date really has been its heavy concentration in UK stocks at a time when most investors are focused elsewhere. AuMA fell by c£1.9bn to £26.0bn in H1, driven by net outflows of c£2.1bn, partially offset by positive market movements (c£0.2bn). The average revenue margin declined from 62bp in FY24 to 60.3bp due to a change in business mix, including outflows from higher-margin UK strate ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Facilities by ADF - Strong possibility of a bid on a PE of <5

Tracsis - Rail nationalisation clouds the picture

Liontrust (February 2025)

Liontrust (November 2024)

Liontrust - Return to inflows imminent (August 2024)

Liontrust (May 2024)

Liontrust - Geared play on market (March 2024)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X