there is 1 thing to know about the stickiness of assets. the private client assets are very sticky. So with 2B Assets in private clients, and 45 bps you are getting 9 million. ... login to read the rest
Yes, I think 0.68 is a good starting point for 2007. From my conversations with management, there usually is a one year lag. They are starting 2006 very well and how 2006 closes... login to read the rest
Interesting idea.
What do your assumptions suggest for 2007? You have .85 EPS in 2006 with 3 months of Clarington, and .68 without any Clarington.
Assuming no other net adds or withdrawals, does that .68 make... login to read the rest
I used 2 methods. One yielded 0.85 the other yielded 0.68 per share. The first one takes into account the 3 months where Clarington's assets are included.
Method
1) the company's statement that Clarington represents 21%... login to read the rest
My eps estimate for 2006, assuming no new assets gathered is 85 cents per share. Management did not tell me their plans as far as dividend is concerned.
interesting write-up. My kind of chart. Just trying to get behind your earnings numbers though, only because I saw that GMP said '06 EPS would be 68c if the asset loss had happened... login to read the rest
Management did not discuss what the dividend rate will be. Historically they have returned most of their earnings in the form of dividends. I think they did not want to say what the... login to read the rest
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