Abrdn Share Discussion Threads

[smithie6] 24/10/2024 11:29

100% agree with "thebutler"
post 3552

£20k/yr in to an ISA is a ridiculously high limit

[gaygay3] 24/10/2024 11:13

All those people who invested here on Monday have seen a 12.5% drop not good

[chinese investor] 24/10/2024 11:01

As I said there could be a massive sell off before the Autumn Statement !

Chinese Investor (ABDN) 06 Aug 2024 - 13:53:38
Don't forget the Government will looking at CGT, IHT, Pension Tax, Stamp Duty, etc.
Not good for "Investment Vehicles" such as ABDN !

[my retirement fund] 24/10/2024 10:55

Netcurtains it's a complete mess, a merger with Standard life was never going to end well and buying Interactive Investor for insane money may take a generation to recover from. Never-ending revolving door career CEO appointments are likely to make things worse as had already been seen over the last decade. Unless they get lucky and manage to find a true entrepreneur with interests correctly aligned with shareholders, bargepole it.

[pierre oreilly] 24/10/2024 10:54

Mcun, I don't like to think about changes to isas!

Had a very good run with them and thought they'd get restrictions or the chop for the last several years. Pretty sure they're an easy target now, and will get some rough treatment in the budget.

But they do consist of money on which tax has been paid - the only thing which may moderate the tax grab from them. I think my high tax free income is coming to an end and it will be a moderate tax free income soon.

[netcurtains] 24/10/2024 10:06

Anyway whatever the reason for early morning fall it appears, at this new price, that ABDN is in step with the rest of the big finance companies....

Hopefully if they all rise, so will ABDN

[thebutler] 24/10/2024 10:06

ISAs cost billions in lost revenue on tax free income. I've always thought £20k a year is too generous so wouldn't be surprised if it was reduced to £10k with a cap on overall contributions. The super rich have been able to consistently put £20k a year in ISAs and consequently will be raking in thousands of tax free dividends. The whole purpose of ISAs is to encourage small investors, not make the rich even richer.

[mcunliffe1] 24/10/2024 09:59

Morning Pierre: I know you are not a fan of pensions and, if I recall correctly, are a fan of ISA's.

What's your expectation of any changes to ISA's in the budget?

[pander45] 24/10/2024 09:40

I have no idea. Bemused.

[pierre oreilly] 24/10/2024 09:38

Any update is a good excuse for churn. 1.75% to the institutions when they buy or sell. Part of transferring pension pot money to the city.

Other than that I don't see any need for the drop (that's not to say there isn't one).

[netcurtains] 24/10/2024 09:31

Does anyone know why this has fallen?
I thought it sounded a good update to me...

What was the key phrase that caused this stampede to the door?
Or is it just mindless panic (as is often proved the case)

[pander45] 24/10/2024 09:05

I have seen much worse updates. It is a tanker but it is turning imho.

[jubberjim] 24/10/2024 09:01

Peat

If I was referring to your good self I would preface my remarks with 'self serving , sanctimonious, windbag' who takes a perverse delight in strutting his intelligence while equally showing his ignorance.

I have never questioned your abilities ? or what positions you hold in which shares

I posted my view of my take on the figures and as I am already sufficiently invested elsewhere why I choose to enhance my options by staying out for next few days.

I fully expect the stock market to make a move after the USA elections and hopefully will be in the right direction.

Concentrate on your own affairs and stop ridiculing others.

[bbd2] 24/10/2024 08:58

I guess this weekends Sunday papers will have all the detail, as no Government seems capable of not leaking these days!

[bbd2] 24/10/2024 08:49

Yes, and whatever else she may have up her sleeve.

[action] 24/10/2024 08:47

You mean 25% tax-free?

[bbd2] 24/10/2024 08:46

Thank goodness for II growth but if Reeves mucks about with SIPP’s in next weeks budget, then Abdn may take a further hit.

[pierre oreilly] 24/10/2024 08:35

If you're referring to me Jibber, then I'm simply posting my views too. Your deduction from given facts is all awry, hence why I think your ponderings are self condictorary.

I don't think the long term view for abdn is at all anything to be worried about, hence I've just topped up with 15000 at 150.51. All cash in the isa from divis, Still lots more cash from divis to find a home. Whether the price does up or down 10p from here tomorrow is of no concern to me - but I hope it rises from here on a 2/3 year view.

[gaygay3] 24/10/2024 08:34

Wow heading for a 10% drop tough times for JW who has said action will be taken not another 3year turnaround let’s see what he is made of like to no what action he is going to take

[bbd2] 24/10/2024 08:33

Looks like a few automatic buy orders triggered at 150 but will it be enough to halt the drop.

[adelwire2] 24/10/2024 08:29

Sorry what did I miss in the update?

[action] 24/10/2024 08:17

Is it time to add now ?

[jubberjim] 24/10/2024 08:12

Peat

I try to be helpful and post my views

I try not to disparage other posters we are all having a rough time of it and tempted though I am at these levels sticking to my guns.

Long Av. Lgen and Phnx and Abdn is now coming into range

Don't take your frustrations out on others

All the best