Aberdeen Asset Management Share Discussion Threads

[bb123] 07/7/2015 08:54

Is this a possible take over target now?

[brahmsnliszt] 15/6/2015 14:29

Aberdeen Arranges Credit Lines to Fund Redemptions in Bond Slump2015-06-15 13:08:55.599 GMTBy Sarah Jones(Bloomberg) -- Aberdeen Asset Management Plc ChiefExecutive Officer Martin Gilbert said the firm has arrangedabout $500 million in credit lines to fund redemptions in theevent of a bond-market selloff."It will get ugly" if either Greece exits the singleEuropean currency or the U.S. starts raising interest rates,Gilbert said in an interview with Bloomberg Television's ErikSchatzker and Olivia Sterns on Monday. "You want bank lines inplace in case you have to meet a redemption and there is nomarket."Aberdeen has about $1 billion in cash and a further $500million of credit lines arranged, he said. Gilbert, 59, saidlenders are comfortable with providing the funding because it'sbacked by the underlying debt securities."It's a substantial amount," Gilbert said. "But you'vegot to be prepared."He added he doesn't expect Greece to exit the euro area.Gilbert's firm oversees about 72 billion pounds ($112 billion)in fixed-income assets.For Related News and Information:Top Finance news: TOPFIN Top fund stories: TFUN To contact the reporter on this story:Sarah Jones in London at [phone] [e-mail] contact the editors responsible for this story:Simone Meier at [phone] [e-mail] Evans

[its the oxman] 12/6/2015 20:26

Bargain time now. May top up soon.

[brahmsnliszt] 10/6/2015 14:17

Just got on board.

[m_k_hubbert] 08/6/2015 14:06

Picked up a few this am.

[rathlindri] 05/6/2015 10:45

Pretty grim here over the last 4-5 weeks..

[its the oxman] 18/5/2015 08:56

Surely we can't go much lower than 430p?

[rathlindri] 14/5/2015 11:28

ex divi today

[buffetteer] 05/5/2015 15:29

typical over-reaction to fund flows when earnings are nicely up.
We will have to bear with it until ,as Martin says ,the US interest rates start to rise which should switch holders into emerging markets .Either way with Eps up 13% and a forward pe of 13x its good value at these levels .
Would be nice to see the buyback substantially increased from £100m-its only about 2%.

[its the oxman] 05/5/2015 15:26

Yes, nice div increase. And ADN are not the only financial play to be c.10% of their high.

[wirralowl] 05/5/2015 15:03

The slide hasn't been nice, but I presume its mainly down to election jitters and could offer a good top-up opportunity.

Half year results are out today and to me seem pretty good, with an 11% increase in dividend and a £100m buy back programme announced. Here's HL's take on it:

[corgi3] 01/5/2015 13:33

Any info as to the reason for this sell-off and/or the scale of the potential Indian tax charge?

[blueboy6] 28/4/2015 16:28

I'm thinking 450 - 455ish

[its the oxman] 28/4/2015 16:26

Heavy sell off since hitting 500p. Time to buy soon perhaps?

[dealerman] 14/4/2015 18:13

Good run recently and a story about tax in India may be the cause of the fall today.

[arja] 14/4/2015 08:30

pounded today so far and I am not sure why ? It has not gone EX-div i think .

[rathlindri] 10/4/2015 15:24

Correct me if I'm wrong but won't a close above £5.00 today be a new all time closing high?

[its the oxman] 10/4/2015 13:55

Hoping this can push on another 20p of so to consolidate above 500p. Has been a while coming after all.

[rabbrooks] 10/4/2015 12:21

The share price may have risen because Aberdeen is going to benefit substantially from the Bg. takeover?. It seems there is a large shareholding there.

[rathlindri] 10/4/2015 09:37

Comfortably ahead of most broker forecasts now. Interims early May? Over £5.00 now...that equals +7.3% since yesterday morning, very nice indeed

[buffetteer] 10/4/2015 09:30

Fact is that if Eps on target for 34p sept 15 only 14.5x current year with 4 months to go .Thats hardly expensive if eps are on track to grow to 37p + next year -13.3x .We haven't seen the full cost benefits of SWIp takeover yet so expect more savings to come & with markets v buoyant I expect better news from management going forward.Thought of selling 1/3rd of holding-up 30% in a year but decided to hold.

[rathlindri] 10/4/2015 09:19

£5.00 + looks on the cards now?

[buffetteer] 09/4/2015 15:22

With markets on the rise the. AUM should start to increase this year and with buy backs muted for this year l'll be holding on to reap the rewards hopefully.
Good luck all

[rathlindri] 09/4/2015 14:43

Touching 480p again....

[buffetteer] 24/3/2015 15:28

mimics the market v closely .