Abrdn Share Discussion Threads

[mcunliffe1] 24/4/2024 08:50

Listening now to Bird.

I have previously not heard Bird speak. His voice is quite monotonal. He sounds somewhat disinterested. There's little enthusiasm in his style of presentation.

Listening now to Windsor.

Whilst he has more modulation in his voice again, it was a rather boring presentation. He tried to enthuse but it was clear he was reading from a tightly controlled script.

Both failed to speak from the heart. As a consequence, the dry and unimpressive figures given would have been better provided in writing.

Windsor does not inspire me as I listen to him answering first CITI and now Bank of Am. questions.

Bird waffles a hell of a lot as he tries to formulate his answer to a question. Once he gets into his stride - most of his speech seems unrelated to the question asked mainly because that question was unclear, over-complicated and hence very much forgotten by the time we hear Bird's chosen answer.

I consider this to be nothing more than a publicity exercise and the data should be presented on paper. If Abrdn really believes their success is best attached to Bird and Windsor speaking....... I would be tempted to sell my shares.

If Windsor was paid by the "er" or the "um" he'd be a rich fella.

[joshuam] 24/4/2024 08:12

Getting pushed in the right direction

[cwa1] 24/4/2024 08:02

Market showing cautious optimism, will it last?

[cwa1] 24/4/2024 07:53

Commenting, Stephen Bird, CEO abrdn plc, said:

"Our AUMA grew 3% in the period to £507.7bn, supported by a positive contribution from markets across all three businesses. We had net inflows at a group level, including strong liquidity flows which contributed to positive overall flows within Investments. At interactive investor, we saw continued organic growth in customers and flows. We were particularly pleased with the growth in SIPP customers. Yet clearly there is more work to be done in Investments and Adviser, where we have actions underway to improve performance.

Our cost transformation programme is on track as we take action to sustainably restore our business to a more acceptable level of profitability. Our key focus, and our most important priority, is on delivering investment performance for all of our clients."



All figures to the end of 31 March 2024 in this announcement are unaudited, and subject to revision.

Management will be hosting a call for analysts and investors at 8:30am (BST) on 24 April 2024. To access a webcast of the conference call, please go to the following link:

[theinquisitiveone] 23/4/2024 16:06

MOST of the time it is Neilyb675 that's responsible for the downticks IMO

[spud] 23/4/2024 15:37

A sad tw@t without a life is my guess.

Imagine every tea & toilet break he gets at his menial job (obviously not successful enough investing otherwise he'd have retired), opening the computer, logging in and downvoting here and PHNX.

So very very sad.

spud

[budgiekevin] 23/4/2024 15:05

I wonder who always seems to downvote comments?

[skinny] 23/4/2024 06:36

Meanwhile, the FTSE futures indicate and all time high today.

[stevensupertrader] 23/4/2024 06:34

Bird initialed the buyback to help institutions to reduce their holdings at higher prices and himself too in order to get a higher salary and bonus at the expense of loyal shareholders .
Loyal Shareholders always got screwed time and time again A lesson to learn

[action] 22/4/2024 20:16

HL charges £50 pounds on top of it

[growthpotential] 22/4/2024 20:02

interactive investor screw their investors over with the 1.5% margin rate on FX transactions

[spud] 22/4/2024 15:50

The Institutions won't vote Bird out - He's supporting the buyback which in turn supports the Institutions wanting to get out!

Bird helps the Institutions whilst the Institutions help themselves.

Quid pro quo.

spud

[skinny] 22/4/2024 14:12

Let's hope for some meaningful dialog tomorrow.

[skinny] 22/4/2024 13:29

It's not that good!

[jubberjim] 20/4/2024 08:48

Hope things will be a bit clearer by next weekend

AGM this week

Maybe just maybe the BOD will show a bit of steel and spark a revolution ?

The frittering away of shareholders monies needs to be addressed.

Good luck

[stevensupertrader] 19/4/2024 17:39

I can’t afford to give up my day job if ABDN is performing so so well .
Definitely I won’t be buying Bird a drink as I rather drink myself . 😊

[cowie19] 19/4/2024 17:17

ok Steven please do not give up the day job.

[stevensupertrader] 19/4/2024 16:45

If every institution managers are queuing up to buy Bird as drink , Bird would be SICK AS A PARROT 😂

[spud] 19/4/2024 16:01

Yup. The Directors have been playing catch the falling knife. It's been an absolute unmitigated disaster. Mind you, all the heavily invested Institutions that have had too much invested here will be queuing up to buy Bird a drink. spud

[skinny] 19/4/2024 15:55

The share price is @50p below the average price of 186.4 paid in the last round of buy backs.

[spud] 19/4/2024 15:37

The best we can hope for is a bidding war and or a change of leaderless-ship before it gets to that point Skinny. It's my worst investment as well although I've not taken the dividends into account, so may not be as bad as it looks on paper. spud