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ADN Abdn.Asset.Man.

317.60
0.00 (0.00%)
15 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Abdn.Asset.Man. LSE:ADN London Ordinary Share GB0000031285 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 317.60 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
313.00 313.10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 317.60 GBX

Aberdeen Asset Management (ADN) Latest News

Real-Time news about Abdn.Asset.Man. (London Stock Exchange): 0 recent articles

Aberdeen Asset Management (ADN) Discussions and Chat

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Aberdeen Asset Management (ADN) Top Chat Posts

Top Posts
Posted at 21/3/2017 12:29 by rabbrooks
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.
Posted at 06/3/2017 09:11 by p49b
Not a very good deal for ADN I think SL. are getting a cracking deal
trust me to be in the wrong share.
Posted at 05/3/2017 14:11 by lord gnome
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.
Posted at 05/3/2017 12:05 by ganthorpe
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.
Posted at 05/3/2017 00:05 by p49b
No premium to ADN price re .75 of SL. on Fridays close.
Posted at 04/3/2017 20:55 by lord gnome
Nice bit of news that shouldn't harm the share price on Monday morning. It also explains the recent buying.
Posted at 02/3/2017 14:35 by speedsgh
Hedge funds stop shorting Aberdeen Asset Management (19/2/17) -

...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...
Posted at 28/2/2017 11:04 by its the oxman
ADN currently feels priced to expect a dividend cut. Longer markets remain strong the better for AUM and reduces the probability of any cut perhaps so could see a big relief bounce if this proves to be the case.
Posted at 02/2/2017 08:25 by lord gnome
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!
Posted at 07/12/2016 07:47 by speedsgh
Jefferies predicts dividend cut at Aberdeen -

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.’
Aberdeen Asset Management share price data is direct from the London Stock Exchange

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