Good Morning from the "Aberdeen Group" Official Thread ! |
I'll have whatever they are on!
Make it a double, eh? :-) |
Skinny 200p for you then ? |
Ex dividend tomorrow whether that presents a top up opportunity remains to be seen
Good luck |
I'll have whatever they are on! |
CWA1, 300p would do me nicely. ABDN Hit around that level in Feb 2021.So could well return there in time ! |
 Redwheel duo: Aberdeen shares can double from here
Redwheel managers Ian Lance and Nick Purves have snapped up more Aberdeen (ABDN) shares, which they believe could double.
They topped up their holding in the Citywire Elite Companies A-rated asset manager, which recently reinstated the vowels in its name. Aberdeen now makes up 2.5% of their Temple Bar (TMPL) investment trust, which has a market cap of £853m.
Although Aberdeen is best known as an asset manager, it operates three different businesses; investment, an adviser business-to-business platform, and retail investment platform Interactive Investor.
‘Both of Aberdeen group’s adviser and Interactive Investor businesses have strong positions in attractive markets and in our view are worth around the current share price,’ said the managers.
‘Although the investments business is struggling, shareholders are paying nothing for it and were it to achieve its profit potential, there would in our view be scope for the shares to double from today’s level.’
The duo funded the purchase of the Aberdeen shares through the sale of International Distribution Services (IDS), formerly known as Royal Mail, which agreed a takeover.
Shares in Aberdeen were trading down 0.44% at 169.9p on Tuesday. |
Monotone mogadon takes centre stage tomorrow
Am not terribly ecstatic at the thought.
Think the disappointment in the aftermath will be palpable
Good luck tomorrow
Have left a few bids but market sucks |
Not looking good. |
Abdn goes X dividend on 27th as does MNG
I know which one ticks my boxes just might have sold too early there .
As for Rachel Reeves and her performance on Laura K this morning it does not fill me with confidence.
I hope her performance when presenting the 'Spring Statement' moves up a notch.
Dull does not even begin to cover it.
Looking increasingly out of her depth except when it comes to bagging freebies.
Our futures are in the hands of the 'Monatone Set'
Good luck this week |
I'll wait for the Spring Statement before I BUY ! |
Finger on the BUY button ! |
Directionless ! |
Forget share price . I asked chatGPT - they need a market cap of £4B and they have market cap of about 3.25B so need another 0.75B or 20%
keep it simple. |
It'll need an even higher share price net as they blew millions on buying shares. With fewer shares in play that requires a higher share price
A quick calc. shows the share price needs to be about £2.03 to get a valuation with about 1.78bn shares to approx. £3.61bn thus beating Polar Capital Tech. Trust who occupy the 100th position in the FTSE.
A 15% rise on the share price from the current 176.6p should manage it providing Polar remains unchanged (it hasn't today. It's risen). |
If ABDN is to make it back into FTSE100 it will need to rise about about 20% - 25%?
Eg back to the 2023 levels... |
Is this due to get back in the FTSE100? |
OK, here we go.
An 'explosive' turnaround could be on the horizon for the next potential move as reading the tea leaves suggests anything from a double bottom to a quadruple bottom with a 'spring' included for good measure. |
Skinny: Because so much money in the USA I guess UK stocks are now rotated - if PHNX goes up then ABDN goes down. At least it seems that way. Rarely do they all go up...
I'm guessing its due to limited funds. |
I'm surprised at the lack lustre response to PHNX today. |
The consultancy firm Wolff Olins, which was drafted in to help with the rebrand, urged the asset manager not to switch to abrdn.
It also asked the fund group to make clear in its marketing that the consultancy, which is part of the Omnicom group, was not responsible for coming up with the name. |
abdn`s stake in Phnx is looking healthy this AM, plus divvy to come.
Share stake in Phnx increased by £56m as at the close.
That is the equivalent of the half yearly of profit of Interactive Investor ,in a day ,and the price is static.
You could not make it up. |
200p soon. |
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