Abrdn Share Discussion Threads

[pj84] 11/3/2024 23:14

jubberjim sometimes (not as often as maybe they should) ADVFN remove posts but then you normally see a gap in the post numbers so if your latest was removed there would be a gap with post 2875 followed by 2877. I can't see any gaps recently which may mean although you tried to post a reply it didn't get through for some reason or as suggested above.

[theinquisitiveone] 11/3/2024 21:19

If you're looking for the red thumb down ticker, look no further than ole Neilyb675. He/she/it is responsible for most of the idiotic down ticks of every post, regardless of how sensible it is.

C'mon jubber J fella, which posts have gone missing. What did you say in them? Something interesting? 🤔 Sure you haven't just lost track of what you've posted where and when?

[jubberjim] 11/3/2024 20:47

CWA I will accept your assertions as to non culpability in the removal of certain posts but then what the heck is going on.


It looks very strange to anyone to see a response or (responses to a post) which no longer features on the message board.

I am at a loss as no doubt a few of my fellow posters surely must be.

Can anyone put forward a rational explanation as to how or why this is happening.

It is beyond me hence the term (aggravating)

All the best

[cwa1] 11/3/2024 20:22

jubberjim

Once again...I'm the moderator of THIS thread. I have NOT removed ANY of your posts today or, in fact, EVER!

In fact, on this thread I can NOT remove anyone's posts-just ban them from the thread.

We seem to have this discussion from time to time, which is strange as, as I have said, I have never once removed one of your posts and if I ever do I'll be sure to let you know about it!

Hope that clears the matter up once and for all.

Cheers

[jubberjim] 11/3/2024 19:37

No one has ever called any of my posts sensible?

But it has been noted across other threads as to the anonymous brown thumber(for want of a better name) and his unwanted attentions

I like to consider it as a merit token and ignore

More money than sense is my take!

All the best take care

[budgiekevin] 11/3/2024 19:27

Jubberjim I have noticed a lot of sensible comments are getting one down vote quickly. Perhaps Mr Bird is watching the thread!

[jubberjim] 11/3/2024 19:23

Can the moderator please own up !

I am getting very frustrated as to the constant removal of posts which while egregious are not offensive.

As yet?

[mcunliffe1] 11/3/2024 12:34

Back in July 2022 they announced a £300m BB scheme. First phase of £150m was to begin immed. and complete no later than Dec 30th 2022.

Second phase started after that (obs) and completed about six months ago (I guess).

Stephen Bird joined abrdn in July 2020 as CEO-designate. He was formally appointed in Sept. 2020.

Bird is the man who orchestrated (or castrated may be a better word) the BB.

[meijiman] 11/3/2024 12:20

Was that fatty and spotty? or maybe it goes back before them. Incredible value destruction but symptomatic of a range of disastrous decisions that have been made here.

[mcunliffe1] 11/3/2024 10:26

I sold out of Chesnara (CSN) this morning losing £1.35 of my £5k investment from end Jan.
I was considering jumping back into ABDN but given the state of the company and that damning FT report I went with Rolls Royce instead - in spite of the delay in SMR's.

[skinny] 11/3/2024 10:08

FWIW :- Morgan Stanley cuts abrdn price target to 155 (160) pence - 'underweight'

[spud] 11/3/2024 08:39

MC - Yes I was reading that FT report with the Benny Hill theme song on loop.

spud

[mcunliffe1] 11/3/2024 08:29

Nice one una.

So, Jason Windsor, the new FD, is a former M&A banker. When it's reported "he's fully supportive of the shape of the group and fully committed to the strategy set out" I have to suspect the opposite.

Could be Abrdn are preparing for either a breakup of a sell out.

I've just about stopped laughing at the statement that Bird will pay bonuses for performing colleagues whilst he had his pay raised from £1.7m to £2.1m

We come in peace. Shoot to kill

[unastubbs] 11/3/2024 06:42

from the FT today,

Investors Unconvinced by Abrdn (sic) chief's revamp

[mcunliffe1] 07/3/2024 08:21

1jat: if that were the case, and you may well be correct, I would have expected that to be a positive for the share price of such companies. Less staff, lower costs etc.


Of course, the early implementation of 'AI' at ALL investment companies has been in place for years. The dartboard.

[1jat] 06/3/2024 20:47

Asset managers seem to be very lowly rated at present….could be the staff are grossly overpaid….AI is surely coming for most of them.

[jubberjim] 05/3/2024 17:38

Wlhm

Don t forget the albatross has past form for cutting the dividend so don t get too carried away

Held off buying Phnx today as I thought 150 was going to get given dividend not withstanding

tumultuous times

out there

Keep solvent

Fools rush in
Let the market come to you

[pierre oreilly] 05/3/2024 13:08

Apart from a hospital stay for suspected sepsis, I'm now doing fine mcun, hope you and yours are too. Lost a qm2 4 week cruise, which is a bit of a bummer. Should be on it now instead of trying to make you rich. Still, only one life but plenty of cruises. Out of the blue - fit and healthy one day, in acute medical unit 2 days later (when we should have been flying to Australia to join the cruise). Oh well, spring in the uk isn't so bad, and there's always advfn.

[pander45] 05/3/2024 13:00

One of the most ugly and impactless rebrands ever. A hundred better options than this carbuncle.

[arthur_lame_stocks] 05/3/2024 11:48

MCunliffe1

I agree about the name ABDRN entirely, but have you considered that the website domain name StandardLife.com belongs to Phoenix Group?

[wllmherk] 05/3/2024 11:27

I would have kept Standard in the name as a nod to the company's heritage. I could have come up with several names that would not have made them a laughing stock. When they announced the name change the presenters and anaylsts on Bloomberg were having a good chuckle. What were the board thinking?

A week Thursday at least 7p will likely come off the SP, sentiment being what it is I'm going put a buy order in sub 140p and see if I can bag a few at close to 11% yield.

wllm :)

[mcunliffe1] 05/3/2024 11:11

Morning Pierre - hope you are keeping well?

You wrote: some (trendy?) name like adnrn or whatever.

It's a perfect example of how easy it is to misspell ABRDN. Standard Life and Aberdeen being less so.

I agree that many years back both those names carried weight and respect. I believe the merger of the two was the start of the problem. The board couldn't decide which CEO to keep - so they kep both. That underlined the lack of desire to curb and control costs. The end result was the recent reduction in maternity and paternity benefits and in redundancy pay. Just before redundancies were announced.

Meanwhile, Bird gets a large increase in his bonus. There are so many mixed signals from this company.

The issue with the brand name Standard Life and ownership of that business is also confusing. As best as I can figure, S.L. is now owned by Phoenix Group and Abrdn still have some share of that entity but no longer have use of the name itself.

I will be happily corrected.

[fenners66] 04/3/2024 20:22

MCunliffe1 - you make a valid point about cutting the dividend then buying back shares instead of what it appears - the reverse.

But that logic does not apply as they are not looking after the interests of shareholders they look after the interests of those institutions who want to sell shares.

Your sensible suggestion would see the rats jumping ship for less and the loyal shareholders being rewarded.

So often the buybacks instead reward the rats and penalise the loyal.

[wllmherk] 04/3/2024 13:13

Its going to be interesting if share price is around this level on xd day, we could see new lows being found. I will be tempted to average down in the 130's, has to be a takeover target at that price. I'd echo the sentiments of others regarding the CEO's performance, changing the name was ludicrous and made him look a bit silly.

wllm :)