|Aberdeen Asset Management
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Aberdeen Asset Management Share Discussion Threads
Showing 1601 to 1624 of 1625 messages
|Today the Daily Mail has expressed the view that the proposed agreement in the merged companies is DOOMED as Private Fraser used to forecast. Mr Gilbert did well in his efforts getting ADN to a 500p valuation two years ago and has been rewarded handsomely financially. He obviously persuaded many of the large shareholders in ADN to go along with his ideal solution to keep his fingers in the cash box despite the share price almost halfing in value.He has ignored the possibility of selling to any other predator as he would be unlikely to be retained. His ideal solution is selfish. Time for him to go FISHING.|
|Standard Life/Aberdeen: honourable surrender - HTTPS://www.ft.com/content/f417034e-01d1-11e7-ace0-1ce02ef0def9
...Be under no illusion. Despite the bluster about the creation of a “world class” investment company (pro forma assets under management £660bn), this defensive deal is about stripping out costs as much as the likely scale achieved...|
|Now that we see the few details it is obvious that Gilbert and his senior staff will be the main beneficiaries of the merger.any other deal would be an offer to a full takeover with a higher price offered for Aberdeen shares. In this engineered merger Gilbert will retain all the benefits of his Aberdeen contract .it is doubtful if he would have been retained otherwise.millions could have been saved by the new company by saying goodbye to the golfer/fisherman.shareholders have been shafted.|
|Well it gave my Shires Investment Trust a nice boost as mentioned might
happen over the weekend.|
|I feel for anyone who gets into bed with Standard Life: they are not to be trusted, are dreadful administratively, try to be as obstructive as possible to financial advisers, look to poach business ... in short, a dreadful outfit. For Aberdeen to contemplate a merger with them is a sign of troubles they have and have not owned up to. Stay away from both businesses: on their own they are not good at the moment, and together it will be even worse. I say SELL SELL SELL now whilst you can can a reasonable price, or watch the drift down over time, and weep.|
|Not a very good deal for ADN I think SL. are getting a cracking deal
trust me to be in the wrong share.|
|Happy days, no div cut and a brighter future for all. Upgrades and details on cost cutting could yet boost us again. Fingers crossed.|
its the oxman
|Out at 307p. Always happy to take an unexpected profit and move on. May be back once the dust has settled.|
|Up 7.5%. SL up 9.5%|
|Can anyone see what the share is doing?|
|What a bad deal for ADN shareholder,s not even a premium to Friday,s close of 286.|
|StanLife aims to pull off masterstroke amid rise of passive rivals
2 Articles in the financial times
|Gilbert looked dreadful and in his cups while being interviewed in Davos on TV with a.richards.he has lost his mojo as they say.hopefully some of the other big players will will take an interest in adn.|
|In which case, ganthorpe, we should indeed see an uplift in the ADN share price in the morning.
This proposed merger could just be a defensive move by ADN. As other posters have said, this may indeed smoke out other more-hostile interests, including possibly HSBC.|
|Don't know how SL is only twice the market cap of ADN. SL is £9100M and ADN £3774M which is 74%/26% by my reckoning.
On the basis of 2/3 SL and 1/3ADN we should be buying ADN and selling SL?
Besides which ADN's divi looks vulnerable ans SL in the stronger position.
I hold SL but gave up on ADN a year ago - so I'm biased.|
|Will some of the Aberdeen funds get a mini lift tomorrow?,
hold Shires Income Trust which pays out a lovely quarterly income, still yielding over 5% atm.|
|If its going to be a merger rather than a takeover - and all the wording has indicated its the former then there would be no increased offer. It looks sensible - SL is twice the market cap of ADN and therefore they get 66% of the combined group. So it theory the SPs of the individual co's should be locked to each other.
SL makes up about 6% of my total holding and is the largest individual share that I have so not insignificant for me. I have never held here, but given the both BBs are quiet I look forward to the merger of those :-)|
|I did speculate the chances of a takeover last week. Since this is the opening savo, I expect other interested buyers to throw their hats in. Forget about 0.757 if SL shares. This will rocket to 330 - 350p as a fair value on Monday|
|No premium to ADN price re .75 of SL. on Fridays close.|
|Nice bit of news that shouldn't harm the share price on Monday morning. It also explains the recent buying.|
|Early news indicates about £200m of savings. ADN/SL made about a £1bn between them last year - seems like a decent proposal.|
Aberdeen Asset Management and Standard Life 'explore merger'|
|Hedge funds stop shorting Aberdeen Asset Management (19/2/17) - HTTPS://www.ft.com/content/2bd883e6-f53b-11e6-8758-6876151821a6
...AQR and Odey Asset Management, two of the world’s largest hedge fund companies, are among the big asset managers to have removed their longstanding short positions against Aberdeen in recent months.
Analysts said the company’s share price is unlikely to fall much further, reducing the incentive to bet against Aberdeen.
They added that Martin Gilbert, chief executive of the fund house, indicated last year that Aberdeen had received interest from potential buyers, and any M&A bid would be expected to boost its share price.
Paul McGinnis, an analyst at Shore Capital, the brokerage, said: “The shares [may] have now fallen to a level where hedge funds don’t see sufficient downside to maintain the short.
“The fact that Martin Gilbert has also talked about Aberdeen being an attractive asset that people want to buy perhaps makes hedge funds nervous about being caught on the wrong side of a bid.”
But he added that if Aberdeen is forced to cut its dividend — a prospect that was raised by the company last year — then its share price could fall below 240p...|