Platinum Asset Management Ltd (ASX: PTM) Share Price and News
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Platinum Asset Management Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar. Market Cap $1.81 billion
P/E Ratio 10.79
Dividend Yield 7.95%
Shares Outstanding 586.68 million
Earnings per share 0.280
Dividend per share 0.24
Year To Date Return -20.10%
Earnings Yield 9.27%
Franking 100%
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as at 24 Feb 3:44pm
Platinum Asset Management Ltd (ASX: PTM)
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Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 02 Sep 2021 | $0.1200 | 100.00% | Final | 16 Sep 2021 |
| 02 Mar 2021 | $0.1200 | 100.00% | Interim | 18 Mar 2021 |
| 03 Sep 2020 | $0.1100 | 100.00% | Final | 22 Sep 2020 |
| 02 Mar 2020 | $0.1300 | 100.00% | Interim | 18 Mar 2020 |
| 27 Aug 2019 | $0.1400 | 100.00% | Final | 20 Sep 2019 |
| 28 Feb 2019 | $0.1300 | 100.00% | Interim | 18 Mar 2019 |
| 30 Aug 2018 | $0.1600 | 100.00% | Final | 21 Sep 2018 |
| 01 Mar 2018 | $0.1600 | 100.00% | Interim | 19 Mar 2018 |
| 30 Aug 2017 | $0.1500 | 100.00% | Final | 22 Sep 2017 |
| 01 Mar 2017 | $0.1500 | 100.00% | Interim | 22 Mar 2017 |
| 31 Aug 2016 | $0.1600 | 100.00% | Final | 22 Sep 2016 |
| 01 Mar 2016 | $0.1600 | 100.00% | Interim | 22 Mar 2016 |
| 27 Aug 2015 | $0.2000 | 100.00% | Final | 22 Sep 2015 |
| 02 Mar 2015 | $0.1000 | 100.00% | 18 Mar 2015 | |
| 02 Mar 2015 | $0.1700 | 100.00% | 18 Mar 2015 | |
| 28 Aug 2014 | $0.2000 | 100.00% | 23 Sep 2014 |
PTM ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Platinum Asset Management Ltd
Platinum Asset Management Ltd (ASX: PTM) is a non-operating holding company of Platinum Investment Management Limited (PIML).
An Australia-based investment manager, Platinum focuses on one asset class – international shares – building client wealth through portfolios of listed companies from around the world.
The company follows a contrarian, long-term investing philosophy that looks beyond short-term market turbulence to seek out ‘unfashionable’ companies whose actual worth is greater than the value implied in their present share price.
In recent years, the Platinum share price has dropped dramatically from a peak of $8.31 in early 2018 to be trading at $3.31 in September 2020.
PTM Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 21 Oct 2021 | $3.08 | $0.06 | 1.99% | 5,123,021 | $3.03 | $3.13 | $3.03 |
| 20 Oct 2021 | $3.02 | $0.05 | 1.68% | 5,223,492 | $3.00 | $3.05 | $3.00 |
| 19 Oct 2021 | $2.97 | $-0.09 | -2.94% | 10,504,471 | $3.04 | $3.05 | $2.97 |
| 18 Oct 2021 | $3.06 | $0.07 | 2.34% | 6,793,448 | $3.03 | $3.08 | $3.02 |
| 15 Oct 2021 | $2.99 | $-0.22 | -6.85% | 16,928,828 | $3.10 | $3.10 | $2.97 |
| 14 Oct 2021 | $3.21 | $-0.04 | -1.23% | 1,841,136 | $3.26 | $3.27 | $3.16 |
| 13 Oct 2021 | $3.25 | $0.06 | 1.88% | 2,285,859 | $3.17 | $3.29 | $3.17 |
| 12 Oct 2021 | $3.19 | $-0.01 | -0.31% | 2,843,020 | $3.18 | $3.22 | $3.16 |
| 11 Oct 2021 | $3.20 | $-0.19 | -5.60% | 3,456,700 | $3.30 | $3.33 | $3.19 |
| 08 Oct 2021 | $3.39 | $0.00 | 0.00% | 1,750,783 | $3.42 | $3.42 | $3.36 |
| 07 Oct 2021 | $3.39 | $0.00 | 0.00% | 1,893,543 | $3.41 | $3.45 | $3.36 |
| 06 Oct 2021 | $3.39 | $0.08 | 2.42% | 2,680,422 | $3.36 | $3.45 | $3.34 |
| 05 Oct 2021 | $3.31 | $-0.17 | -4.89% | 3,033,189 | $3.42 | $3.43 | $3.30 |
| 04 Oct 2021 | $3.48 | $0.01 | 0.29% | 1,079,381 | $3.50 | $3.51 | $3.45 |
| 01 Oct 2021 | $3.47 | $-0.07 | -1.98% | 1,189,978 | $3.50 | $3.52 | $3.42 |
| 30 Sep 2021 | $3.54 | $0.00 | 0.00% | 1,061,090 | $3.57 | $3.58 | $3.53 |
| 29 Sep 2021 | $3.54 | $-0.05 | -1.39% | 1,326,208 | $3.57 | $3.59 | $3.53 |
| 28 Sep 2021 | $3.59 | $0.02 | 0.56% | 1,059,850 | $3.56 | $3.63 | $3.55 |
| 27 Sep 2021 | $3.57 | $0.05 | 1.42% | 1,172,987 | $3.54 | $3.59 | $3.51 |
| 24 Sep 2021 | $3.52 | $-0.07 | -1.95% | 989,282 | $3.58 | $3.59 | $3.50 |
| 23 Sep 2021 | $3.59 | $0.11 | 3.16% | 1,503,013 | $3.54 | $3.61 | $3.53 |
| 22 Sep 2021 | $3.48 | $0.01 | 0.29% | 1,213,943 | $3.45 | $3.50 | $3.42 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 30 Sep 2021 | Kerr Neilson | Sell | 126 | $446,172,470 | As advised by the company. Termination of Stability Deed - Deed affecting shares between Judith Neilson and Kerr Neilson |
| 28 May 2021 | Guy Strapp | Buy | 22 | $102,902 | On-market trade. |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Timothy (Tim) Neale Trumper | Non-Executive Director | Aug 2018 | Mr Trumper is Chair of the NRMA, advisor and shareholder in Quantium, data and analytics company and holds interests in several private high growth companies. He is an authority on the utilisation of data to drive innovation, and corporate strategy. Mr Trumper is an experienced non-executive director, former CEO, and advisor for global and Australian companies. His career has spanned diverse categories including artificial intelligence and machine learning, big data, digital transformation, mobility and transport, financial services and media. He is a member of the Risk & Compliance committee. |
| Mr Kerr Neilson | Non-Executive Director | Jul 1993 | Mr Neilson founded Platinum in 1994 and was the Managing Director of the Company from incorporation to 30 June 2018. Prior to Platinum, Mr Neilson was an Executive Vice President at Bankers Trust Australia. Previously he worked in both the UK and South Africa in stockbroking. He is a member of the Risk & Compliance committee. |
| Mr Andrew M Clifford | Executive DirectorChief Executive OfficerManaging Director | May 2013 | Mr Clifford joined Platinum as a co-founding member in 1994 in the capacity of director of Platinum Investment Management Limited and Deputy Chief Investment Officer. Previously he was a Vice President at Bankers Trust Australia covering Asian equities and managing the BT Select Market Trust - Pacific Basin Fund. |
| Ms Anne Joan Loveridge | Non-Executive Director | Sep 2016 | Ms Loveridge has over 35 years of experience in the financial services industry including as a Committee Chairperson and Non-Executive Director for three ASX-listed organisations. She has experience in financial reporting, auditing, risk, ethics and regulatory affairs following a 30 year career at PwC Australia, where she retired as Partner and Deputy Chair in 2015. She is Chair of the Risk & Compliance committee. |
| Mr Guy Strapp | Non-Executive DirectorNon-Executive Chairman | Aug 2020 | Mr Strapp has over 35 years of experience having worked in a variety of roles in Australia and abroad at Bank of America, JP Morgan Investment Management, Citigroup Asset Management and BT Financial Group. More recently, he held the positions of CIO and CEO of Eastspring Investments (formerly Prudential Asset Management) in Hong Kong. He has international experience in asset management, on both the investment and distribution side of the business. Mr Strapp is also the Chair for the Australian wealth manager, First Samuel Limited. He is a member of the Risk & Compliance committee. |
| Ms Brigitte H Smith | Non-Executive Director | Mar 2018 | Ms Smith was co-founder and Managing Director of GBS Venture Partners for twenty years and has worked with Australian and US fast growth companies as an investor and board member, supporting business strategy, human resources and operations. Prior to GBS Ms Smith worked in the US and Australia in operating roles with fast growth technology based businesses, and at Bain & Company as a strategic management consultant. He is a member of the Risk & Compliance committee. |
| Mr Stephen Menzies | Non-Executive Director | Mar 2015 | Mr Menzies is Chairman of Silicon Quantum Computing Pty Limited and is a past Chairman of the Centre for Quantum Computation & Communication Technology. Mr Menzies retired as a partner at Ashurst law firm in 2015. As Head of China Practice for Ashurst, Mr Menzies oversaw the Shanghai and Beijing offices of that firm. Mr Menzies is a director of Platinum World Portfolios Plc. Previously, he was Director of Freedom Insurance Group Ltd until 29 April 2019 and Century Australia Investments Limited until 5 March 2019. He is a member of the Risk & Compliance committee. |
| Ms Elizabeth Norman | Director of Investor Services and CommunicationExecutive Director | May 2013 | Ms Norman joined Platinum in February 1994 in a role of Investor Services and Communications Manager. Previously she worked at Bankers Trust Australia in product development and within the retail funds management team. |
| Mr Andrew Stannard | Chief Financial OfficerExecutive Director | Aug 2015 | Mr Stannard has 30 years of finance experience in audit, financial control, operations, funds management, financial services regulation and corporate governance. |
| Ms Joanne Jefferies | Company Secretary | Oct 2016 | - |
| Joanne Jefferies | Company Secretary | - |
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| J Neilson | 126,037,421 | 21.48% |
| K Neilson | 126,037,420 | 21.48% |
| HSBC Custody Nominees (Australia) Limited | 89,069,072 | 15.18% |
| Platinum Investment Management Limited (nominee) | 29,364,201 | 5.01% |
| JP Morgan Nominees Australia Limited | 26,899,699 | 4.59% |
| Citicorp Nominees Pty Limited | 24,765,534 | 4.22% |
| Pacific Custodians Pty Limited | 8,018,094 | 1.36% |
| National Nominees Limited | 7,263,124 | 1.24% |
| Jilliby Pty Limited | 6,500,000 | 1.11% |
| J Clifford | 5,000,000 | 0.85% |
| BNP Paribas Nominees Pty Limited | 3,825,232 | 0.65% |
| BKI Investment Company Limited | 1,738,000 | 0.30% |
| BNP Paribas Nominees Pty Limited (i) | 1,697,637 | 0.29% |
| Xetrov Pty Limited | 1,500,000 | 0.26% |
| Mrs Michele Martinez | 1,072,309 | 0.18% |
| Starbrook Enterprises Pty Limited | 1,000,000 | 0.17% |
| Brispot Nominees Pty Limited | 953,405 | 0.16% |
| BNP Paribas Nominees Pty Limited Six SIS Limited | 816,913 | 0.14% |
| First Samuel Limited | 803,066 | 0.14% |
| Citicorp Nominees Pty Limited (i) | 760,381 | 0.13% |