|Aberdeen Asset Management
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Aberdeen Asset Management Share Discussion Threads
Showing 1576 to 1598 of 1600 messages
|Anybody remembers when the CEO remarked that they are always being approached for buy our consolidation, well HSBC is on the lookout for acquisition of wealth management company. I hope they better talk to ADN. Not ramping, just putting info together for those with short memory.|
|Heading for support @ 246p, if that does not hold then, 210p is the next support level.|
|Aberdeen offers Peel Hunt a ‘glimmer of hope’ - HTTP://citywire.co.uk/money/the-expert-view-pearson-astrazeneca-and-aberdeen/a989342?ref=citywire-money-picture-galleries-list#i=4
The fourth quarter represented another challenging period for Aberdeen Asset Management (ADN), marked by significant outflows. However, Peel Hunt analyst Stuart Duncan suggests it wasn’t all bad news for the fund manager.
In his opinion, an increase in the total amount of money going in to the business (but not including withdrawals) during the three-month period may provide shareholders with some room for optimism.
‘Further mandate losses were flagged, yet an increase in gross inflows and healthy client interest may offer a glimmer of light. We reduce our target price to 280p but maintain our hold recommendation,’ Duncan noted.
Over the three months to January, Aberdeen saw assets under management fall by 3% to £302.7 billion. Positive currency and market movements helped to counter net outflows of £10.5 billion. This included a mandate that had been run for wealth manager St James’s Place, alongside another that was managed on behalf of a sovereign wealth fund.
Although the firm expects a further £3.4 billion will be withdrawn, it is seeing signs of improving investor sentiment. This is demonstrated by gross inflows of £10.2 billion, which is £1.8 billion higher than the previous quarter.
Aberdeen shares fell 3%, or 8.4p lower, at 249.7p.|
|Back to the Low 200,s.Money better off in CLIG.It will go to £4,where as ADN down to £2.Have a look.Not ramping,but CLIG is a better stock atm.|
|That makes three of us then :o)|
|I agree, Lord Gnome. I too have funds to add but am going to wait for the time being - no intention of selling either though.|
|Oh dear. Not a good update. Nothing new in it, but the share price is getting a good thrashing. I have funds to add, but I'll wait until we get the next interims in May. If the divi is held and the outlook statement sounds positive, then I'll add. Double or quits!|
|I do not know if tipped, but it has been mention on the "UPS" thread today.
Much higher volume than lately, and on looking at the chart the 2 weeks on the pause from falling had done a floor than in any demand has pushed the price up today
So I bought some|
|A good start to the new year. We seem to be in demand today. Have we been tipped somewhere?|
|Jefferies predicts dividend cut at Aberdeen - HTTP://citywire.co.uk/money/the-expert-view-imagination-aberdeen-and-ashtead/a977040?ref=citywire-money-picture-galleries-list#i=3
Jefferies forecasts a dividend cut at Aberdeen Asset Management (ADN) as the company focuses on rebuilding its capital reserves.
Analyst Phil Dobbin retained his ‘underperform’ recommendation and reduced his share price target from 254p to 221p as the stock added 1.4p to 267.5p yesterday.
‘At its results Aberdeen expressed a preference for rebuilding its capital buffer,’ he said.
‘It suggested that earnings per share of 23p to 24p would be required to ensure an unchanged dividend per share of 19.5p. Our reduced earnings per share forecast only just exceed 22p by 2019, we now forecast a dividend per share cut.
‘We would expect Aberdeen to reduce to a level whereby a progressive dividend policy could be supported…Our 2017 dividend per share forecast reduces to 11.9p and our price target to 221p, we maintain our “underperform” rating.’|
|Put these on my watch list last week.
Still losing AUM and the divi is now only just covered, forward looking statement is pretty negative.
Might have a nibble at around the 250 mark.|
|This business is sound.
Count your huge divi (one of the most secure out there as this company sits on a lake of cash and great cashflows) and wait for the sentiment change|
|Aberdeen Asset Management (ADN) jumps 3.6% to 296.45p as full year results are ahead of expectation, despite reporting a 39% decline in pre-tax profit to £352.7m. Pre-tax profit and earnings per share beat consensus forecasts by circa 7%, aided by currency benefits and positive market performance. Net outflows were £32.8bn. The company predicts ongoing volatility in global markets in the short term.
|Financial Times: Ashmore and Aberdeen Asset Management saw their share prices fall up to 10% and 6% respectively on Friday amid concerns that emerging markets will suffer following Donald Trump's victory in the US presidential election.|
|Emerging markets weak since Trump victory, I think.
EDIT - Confirmation here...
News of the Dow Jones industrial average hitting an all-time high overnight was ignored by investors worrying about the implications of rising US interest rates for emerging markets and defensive-dividend paying stocks...
...Today was the turn of stocks exposed to emerging markets to turn tail and fall.|
|Anyone know why the big drop in share price today?|
|Has lagged templeton emerging markets - its peer.
Yet more robust and set to pay much bigger dividend.
These anomalies get sorted in the end|
|I think the story behind the rally here is more a case of "I want exposure to non £££ denominated markets" married with "I am looking for secure dividend income" (if you want income the stock market is the only place left).
Both of those stories are baked in here.|
|Off loaded today...|
|More likely in sympathy with Henderson merger|
|Seems to be following the commodities recovery...|
|Indeed. The banks are looking at charging businesses who sit on cash with negative interest rates...|