Aberdeen Asset Management Share Discussion Threads

[speedsgh] 11/11/2016 16:48

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.

[lozzer69] 11/11/2016 16:33

Anyone know why the big drop in share price today?

[weemonkey] 18/10/2016 10:00

Has lagged templeton emerging markets - its peer.

Yet more robust and set to pay much bigger dividend.

These anomalies get sorted in the end

[weemonkey] 05/10/2016 08:05

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.

[zcaprd7] 04/10/2016 13:34

Off loaded today...

[thaiger] 03/10/2016 22:54

More likely in sympathy with Henderson merger

[zcaprd7] 03/10/2016 12:14

Seems to be following the commodities recovery...

[zcaprd7] 26/7/2016 17:10

Indeed. The banks are looking at charging businesses who sit on cash with negative interest rates...

[weemonkey] 26/7/2016 08:26

It's a paper shuffling business with huge amount of cash.

emerging markets are turning.

No expensive capital expenditures/oil risk etc.

Cash has no where else to go but to sit on the balance sheet or get paid away as dividends.

[ygor706] 26/7/2016 07:03

What I like about these fund management companies is the strength of their balance sheets. Typically little or no gearing and stuffed with cash. In a world where equity is moving towards being the only realistic game in town surely consolidation is on the agenda. My gut tells me that we're through the worst here.

[undervaluedassets] 25/7/2016 10:11

We are seeing Emerging market resurgence ...Funds are out performing.

And 6% yield.

[weemonkey] 12/7/2016 13:59

huge resurgence in performance of funds under management.

see aberdeen new Thai ANW to see what I mean

[weemonkey] 12/7/2016 13:59

huge resurgence in performance of funds under management.

see aberdeen new Thai ANW to see what I mean

[speedsgh] 12/7/2016 11:11

Aberdeen: outflows expected before Brexit -

Brexit hasn’t impacted forecasts at Aberdeen Asset Management (ADN) as analysts had already factored in outflows.

Jefferies analyst Phil Dobbin retained his ‘hold’ recommendation but reduced the target price from 253p to 240p. The shares fell 0.8% to 272.4p yesterday.

‘We already embed continued net outflow in our Aberdeen forecasts, so feel no need to further reduce them to reflect a potential post Brexit hiatus in net flow as we have done elsewhere in the sector,’ he said.

‘We do, however, need to reflect a positive foreign exchange impact on assets under management in Q3 and move property fund into net outflow. Our price target falls to 240p which together with its dividend leaves it as “hold”.’

[zcaprd7] 25/6/2016 20:11

Bit brutal yesterday. What is their problem with a brexit

[speedsgh] 04/5/2016 10:45

Peel Hunt downgrades Aberdeen Asset Management -

Peel Hunt analyst Stuart Duncan downgraded his recommendation for Aberdeen Asset Management (ADN) from ‘buy’ to ‘add’ after what he called its ‘predictably bad’ half-year results.

The emerging markets specialist reported a 40% decline in underlying pre-tax profits to £162.9 million as investors pulled a net £16.7 billion from its funds in the six months to the end of March.

The shares tumbled 9.4% to close 28p down at 270.6p. That leaves their price 4.5% lower than the start of the year.

Duncan set a target price of 330p and commented: ‘While the headline profit figure was predictably bad, there were some small positives in [the] interims – a small increase in assets under management, an unchanged dividend and expectations of £70 million of cost savings.’

He acknowledged there was ‘some encouragement that sentiment towards emerging markets improved towards the end of the period, although some uncertainty remains and the outlook statement refers to the ongoing challenge’.

‘However, the share price has recovered sharply and flows/forecasts now need to catch up. We move to “add”.’

[undervaluedassets] 03/5/2016 09:41

lower before higher is my feeling.

But higher ultimately - emerging markets are the future.

ADN well run organisation. . .But Macro economics in emerging markets and sentiment towards emerging markets not within their control obv. .

[excelsior2] 03/5/2016 08:19

Morning weemonkey

Well the bears kick it off...bulls to follow I hope.

What is your feeling going forward...I'm long...with my seatbelts on

[weemonkey] 03/5/2016 07:43

gonna be a volatile day. . .

More outflow news . . . yet also glimmers that we may be at the bottom of the cycle here. . Aberdeen funds have performed creditably this year as well .

Divi maintained.

The bears and the bulls are set to fight it out..

seatbelts on.

[its the oxman] 19/4/2016 10:12

Long climb back.

[weemonkey] 21/3/2016 14:45

Even at it's high this stock was never expensive.

emerging markets will come back (in fact are bouncing now).

Meanwhile - nice divi here while we wait.

[mister md] 18/3/2016 08:42

yes as the shareprice rallies, the % yield drops unfortunately ;) Compared to US markets I think we're quite lucky with the number of high yield opportunities in the UK

[garycook] 15/3/2016 01:49

Sorry I did not take your advice.Could have purchased around 230,but I have 10% of my Portfolio,s in CLIG,and CNKS,paying better Dividends than ADN.

[mister md] 14/3/2016 13:38

happy with my top ups around the 240p level... lets hope the decline in funds under management has slowed down recently

[undervaluedassets] 14/3/2016 08:27

Shorting emerging markets has been a very "crowded" trade. There is a bit of buying back going on.

Well emerging markets are still the future and right now they are very cheap.

Won't be cheap forever.