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ASHM Ashmore Group Plc

180.60
0.20 (0.11%)
Last Updated: 11:05:09
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ashmore Group Plc LSE:ASHM London Ordinary Share GB00B132NW22 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.20 0.11% 180.60 54,575 11:05:09
Bid Price Offer Price High Price Low Price Open Price
180.00 181.00 182.00 178.90 182.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 193.2M 83.3M 0.1169 15.36 1.28B
Last Trade Time Trade Type Trade Size Trade Price Currency
10:59:51 AT 5,618 180.60 GBX

Ashmore (ASHM) Latest News

Ashmore (ASHM) Discussions and Chat

Ashmore Forums and Chat

Date Time Title Posts
17/4/202408:47Ashmore Group Looking Good133
14/10/202008:01Ashmore Group – now in FTSE-250427
03/3/201613:18Ashmore Group10

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Ashmore (ASHM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:59:51180.605,61810,146.11AT
09:59:51181.00100181.00AT
09:59:51181.00138249.78AT
09:59:51181.009751,764.75AT
09:55:35181.282,5004,532.05O

Ashmore (ASHM) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Ashmore Daily Update
Ashmore Group Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker ASHM. The last closing price for Ashmore was 180.40p.
Ashmore currently has 712,740,804 shares in issue. The market capitalisation of Ashmore is £1,280,082,484.
Ashmore has a price to earnings ratio (PE ratio) of 15.36.
This morning ASHM shares opened at 182p
Posted at 17/4/2024 08:47 by cerrito
Given what is going on with global interest rates this weakness no surprise.A small consolation is that to the extent that the us dollar continues to strengthen against the pound, earnings expressed in pounds tends to increase.
I do not see myself selling and may buy on further weakness as I have v little EM exposure and use my ASHM holding as my EM holding.
Posted at 15/4/2024 21:05 by cerrito
I see that late last week JP Morgan Cazenove were prescient and lowered the target price to 184.
Posted at 15/4/2024 12:05 by cwa1
UBS cuts Ashmore price target to 190 (200) pence - 'neutral'
Posted at 16/2/2024 21:20 by cerrito
I have been looking at some broker notes after the interims.
UBS  is neutral with a 12 month tp of 205p.They comment that H1 24 adjusted EBITDA margin was the lowest ever. They note that the half year's variable compensation was 33pc higher than consensus. They have upped this year's eps to 14.95pc. They see no change in dividends in the years to come.
Numis have raised their target price from 165p to 180p and now have a reduce rather than sell. They see no obvious case to own the shares and that weak medium to long term investment performance will weigh on AUM sales and retention. They foresee a maintained dividend through to FY25/26.
Jefferies has a buy and a tp of 220p.They note the surplus capital.
Posted at 08/2/2024 16:06 by woozle1
Seems like investors waking up. I looked at LIO but was not convinced it has a defensible market position like Ashmore. It wants to charge active fees in a crowded market and quite frankly so many UK active managers don't deviate that far from their benchmark indicis. I know there are ETFs and low-cost options in EM but there are not that many specialists with the scale and reach of ASHM.

That said, it looks like a player that will roll up other FMs and assuming they pay decent prices the share price will do well.
Posted at 07/2/2024 15:07 by brucie5
I hold ASHM and LIO, among other financials. But these two look especially good for recovery. I was surprised to see the dip this morning; but seems to be recovering. Perhaps a weak attempt to shake out the flaky holders?
Posted at 13/10/2023 13:23 by cerrito
When I read these rather disappointing but perhaps not very surprising results I asked myself if the market would be surprised and judging by the share price action it clearly has been.
I will not be selling as this represents my core EM holding and indeed apart from small holdings in BRLA and AAIF(which is not pure EM), I have no other EM exposure.
Posted at 11/10/2023 08:36 by cwa1
As ever, FWIW:-

* Ashmore ASHM.L : Jefferies cuts target price to 200p from 230p
Posted at 09/10/2023 11:26 by shawzie
The dividend may be sizeable, but the share price trend has been uncomfortable for the recent past few years and I expect that trend to continue for the present.
Posted at 20/6/2023 16:46 by brucie5
Another overlooked dividend share?

I noticed this coverage by a rather thoughtful poster called 'Boon' on Stocko this month - since when the share price has come still further down.



BUY - Ashmore (LON:ASHM) – As the saying goes, fund managers make money in good and bad times. The last few years has been challenging for emerging market specialists such as Ashmore, which means we’re somewhat at the bottom of the cycle for EM fund managers. Yet, I can still get a 7% dividend yield (granted, not fully covered by earnings), a very strong cash positive balance sheet, and a very strong brand in the market. It is also still very much owner-owned and owner-operated, which is a business I love as it lets me sleep soundly at night. Especially for financial services firms, where too often the professional managers are in it just for their short-term bonuses. I do not know whether EM will be back in fashion with investors anytime soon. But for me, things can’t worse than they are. And if/when a recovery comes, EPS potential growth is 60%-100%, which should translate nicely to share price growth too. In the meantime, I’ll get to collect 7%+ dividends, which seem secure given the track record.

--------------------------------------------------------------------

It also appears to be a house favourite at the IC, where Mark Robinso wrote this back in 2022:



Ashmore is one of our long-term buys and based on the strength of its balance sheet, an implied dividend yield in advance of 8 per cent and an enterprise/cash profit multiple of 3.7 (against a five-year average of 10.9), we think the current rating is compelling, even given the bumpy road ahead.

FWIW, I hold.
Ashmore share price data is direct from the London Stock Exchange

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