Abrdn Share Discussion Threads

[jubberjim] 21/12/2024 12:22

Well can t fault him for his timing seeing as I bought my last lot at 140 a week or so ago.

Have been hanging back due to my widely opinioned doubts about the markets and the mental acuity of our esteemed leaders .

Will hope this is a turning point and in line with the value given to Direct Line this could be taken out at 240 which is my target based on that event.

Good deal for direct line shareholders not so much for Aviva in my humble opinion

Time will tell

Have a great Xmas everybody

[mister md] 20/12/2024 15:23

Only just seen the CEO purchase Rns'd yesterday - impressive purchase.

357,635 @ 139.10p per share

[suetballs] 20/12/2024 08:52

Well the shares will be cheaper soon. Growth shattered - well done Rachel!
Suet

[mcunliffe1] 20/12/2024 08:20

Previously it was no doubt ours. Probably his Golden Hello.

[gary1966] 19/12/2024 23:19

His own £500k

[justiceforthemany] 19/12/2024 18:33

Own money or freebie shares?

[cwa1] 19/12/2024 10:54

Indeed...



Jason Windsor takes a chunky slab of shares, buying 357,635 at 139.1p

Reasonable show of commitment

[redhill] 19/12/2024 10:12

Director buy yesterday.

[mcunliffe1] 18/12/2024 15:47

Trying to think of a positive spin to place on the sh1t show........

"...inefficient companies will fold, making those left standing more profitable."

I felt it perhaps best to post the sentiment on the ABDN share thread as this company may not be around in a years time if a predator believes Interactive Investor is worth more than the sum of Abrdn.

[spud] 18/12/2024 15:40

Yup, it's a Rachael sh1t show that's for sure, but not wholly unexpected.....

spud

[fenners66] 18/12/2024 11:27

First effects of the budget starting to be felt months before it kicks in .

Shoe Zone a previously successful business, shares down 42% this morning
on their trading statement plus info about the effect the budget is going to have.
No dividend and newly loss making shops to close...

Expect far more of the same.

Every business that was barely profitable before is going to be shedding jobs to
survive or go under.

[geckotheglorious] 17/12/2024 17:15

Suet, Fenners.

Your pessimism isnt anywhere near close to mine..

We are living through the 70s again imo - with bankruptcy and cap in hand to IMF beckoning.

Debt doom loop fast approaches ....

[fegger] 17/12/2024 13:10

Some other extraordinary costs coming through. This from a paper from the previous government on the disability system: Over the coming 5 years, PIP spending is expected to grow by 63% (£21.6bn to £35.3bn, 23/24 to 28/29).[footnote 1] There are now over 33,000 new awards for PIP per month compared to 17,000 before the pandemic.

Linked are the very worrying levels of illness in young people under 35. Concerning for our country's future:

There have been murmurs from Labour about addressing these costs but would be very unpopular -especially coming on top of removing pensioner winter fuel allowances

[suetballs] 17/12/2024 12:33

fenners66 - I’m afraid my pessimism matches yours. Bloody shambles.
Suet

[fenners66] 17/12/2024 12:15

suetballs - your mention of an emergency tax raiding budget in the spring.

Was obvious from the couple of days when they announced they had caved in to junior doctors as they
could not risk another strike , i.e. we will give in to the threat of strikes from our friends and backers the unions.

Then announcing the new labour laws policy making it far easier for unions to strike !

Don't tell me they are too stupid to add both policies together... (or maybe they are! ) but from that moment it was clear public sector pay will boom and the country will bust.

Autumn budget for growth was - for growth in Unemployment and profligate public spending. By the time it kicks in we will be in recession - which they started by talking the country into it.

Then very likely to need to squeeze the pips even harder. With 5 years of this there is serious danger there will be nothing left.

[suetballs] 17/12/2024 09:10

And now there is talk of an emergency tax raising budget in the spring.
FFS.
Suet

[spud] 17/12/2024 08:49

Hardly surprising ever since Rachel shook the money tree with such ineptitude and broke the trunk.spud

[gaygay3] 17/12/2024 08:42

Looks like no Santa Rally this year

[fenners66] 12/12/2024 00:09

Hence "XYZ is a credit broker not a lender " at the end of all the car finance radio and television adverts

I agree the car salesman's non-disclosure is the issue and they should pay - not trying to break the banks again .

[jubberjim] 11/12/2024 15:17

I think Abdn has a substantial exposure to Close Brothers

At least that is what I have been given to understand and that is partly behind the pressure on Abdn

And I might as well be hung for a sheep as for a (kosher)kebab hence my interest.

Personally think with II in the fold it will need a bid in the region 0f 240 to entice me to sell any , much in line with the premium paid by Aviva for Direct Line.

But again wdik

I expect more hubris to be coming my way.

But I have broad shoulders and a healthy cushion .

[mcunliffe1] 11/12/2024 14:32

Off topic perhaps, so apologies in advance, but this car finance court case puzzles me. It is a very long time since I bought a car and needed finance, mainly because I buy cheap. But, if the salesman fails to disclose to me that the finance he's pushing in my direction benefits HIM through commissions then I would hold HIM at fault and not the finance company.

I guess the finance company has more money than the individual salesman or the car sales outfit he works for and the lawyers never lose sight of the money.

But, that said, how does the appeal court decision have a bearing on Abrdn? Is Abrdn liable for payouts if the case goes against the finance industry?

[jubberjim] 11/12/2024 12:47

have added some here just on the back of the appeal court granting Close Brothers leave to appeal in car finance debacle which has been weighing on the share price due to the exposure.

Expect similar for lloyds

[netcurtains] 11/12/2024 10:23

Come on son...

[cwa1] 10/12/2024 07:43

Ho hum

*JPMORGAN CUTS ABRDN PRICE TARGET TO 153 (156) PENCE - 'NEUTRAL'