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

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Platinum Asset Management Ltd (ASX: PTM)
Latest News

Dividend Payment History Data provided by Morningstar.

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.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile 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.

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.

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.

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
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Joanne Jefferies Company Secretary
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Top Shareholders Data provided by Morningstar.

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%

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