Abrdn Share Discussion Threads

[jonnybig] 03/11/2024 22:25

Deffo butler!!!!!! Let's get those cheap shares hoovered up!!!!!!

spud

[pj84] 03/11/2024 22:17

MCunliffe1 I agree the share buy backs, which I believe included share prices as high as £5 and lower since then were not good value but I do believe share prices do now represent good value for share buybacks.

I know you post on a lot of shares we are both invested in but I have just posted on Aviva which you might not follow but I believe you might be interested in post 20203

[jubberjim] 03/11/2024 20:59

From my own personal point of view I think it more important to maintain the dividend then indulge in any more pointless share buybacks.

To date they have not been a great success.

Will buy here there and elsewhere if we have a drop of 10% across the usual suspects.

Highly unlikely but that is where my interest lies in this confused present day market

So far have been on a hiding to nothing but will keep tilting at windmills

Good luck

[pierre oreilly] 03/11/2024 19:17

3753

1viky, rachel is focussing on growth certainly.

Growth of the civil service, growth of bureaucracy and growth of the national debt. She's doing great so far. As to small businesses, well who needs those anyway.

Not sure at all how this all pans out for big companies like abdrn.

[mcunliffe1] 03/11/2024 18:42

OK, I'll bite.

If a buyback is a no brainer at this low share price thebutler, was it equally a no brainer when the share price was considerably higher?

I do accept hindsight is wonderful, but I also accept that one of the beliefs in a buy back is its ability to maintain a higher share price than would be the case without the BB.

It almost follows therefore that a BB should NEVER be undertaken during a falling share price period until you are confident you know where the bottom lies.

Now, consider this juicy fact. abrdn are an investment company who like to imply to use mere mortals - their potential customers - that they know what they are doing. Clearly, they splashed our cash in a BB when the share price had obviously not reached the bottom.

Suppose next week, during the US elections and the weeks following with the potential disputes in respect of who may or may not have actually won the vote, plus all the stuff going on in Ukraine and the Middle East, the market drops again.

And ABDN with it. Would tomorrow appear then to be a good time for a BB?

How about the management at abrdn do some....well, managing. Explain what they feel are the problems in the business, explain what is being done to fix those problems and the timescale associated.

It's what we all do if we've ever run a company.

[thebutler] 03/11/2024 18:28

Agree with jonny. At this ridiculously low share price a buyback is a no brainer.

[1viky] 03/11/2024 17:09

Reeves will be focused on growth in the days to come.She has no choice. I see her Mansion House reforms speech on Nov 16 to support uk stock market. This will be great for ABDN.

[jubberjim] 02/11/2024 17:15

Noted
Will desist and refrain

Again apologies to everyone

[cwa1] 02/11/2024 16:37

OK jj, that's enough. No more personal comments, please. Or from anyone for that matter.

Stick to Abrdn or close to it on here, anything else-do it elsewhere

Thanks all

[jubberjim] 02/11/2024 15:53

Very sorry fenners66

Talking of pedants

Pretentious pedant Peat

Will not clutter up lgen board but here are the facts

I posted about GSK at 12 month lows at 13.30 pm on 31 October and bought some shortly after at 1385

I posted the following morning before market opening at 05 30 am before the price moved up to 1425/30 having opened at 1400 at market opening


Hardly a massive move up but then my perception is obviously different to yours.

Give it up you dullard

Apologies to other posters we are all suffering enough at moment

[jubberjim] 02/11/2024 15:03

OK I've had my fun

Have a good one everybody

[fenners66] 02/11/2024 14:26

jub - don't overplay it ... I was just curious to know why ?

[jubberjim] 02/11/2024 11:58

Re the vexation being caused by the 'Spud' moniker

I am more concerned with how the share price has been mashed

Maybe a solution would be to for the pair to rename as 'Smashy' and 'Nicey'

Murphy's Law

What a pair of PEDANTS

Be good

[jonnybig] 02/11/2024 11:07

Netcurtains, the yield will be even greater when the dividend is most likely to be increased in 2025. But in the meantime, bring on a buyback!!!!

spud

[netcurtains] 02/11/2024 09:56

I would have thought it obvious - he likes potatoes...

Why is this share so insanely cheap

11.01% dividend yield - its beyond crazy....

[mcunliffe1] 02/11/2024 09:26

jonnnybig: you were politely asked some days ago why you sign off your posts with spud.

I'll add to that and ask as well. Curious.

I will also pass on the option to comment on buybacks as their effects are clearly evident with ABDN.

[jonnybig] 02/11/2024 08:45

Desperately need a buyback here to kick start the share price Will announce one in the coming weeks imo. Fingers crossed!

spud

[spud] 01/11/2024 20:18

Should stick to mismanaging the bus depot. spud

[spud] 01/11/2024 20:15

Yeah, it’s called Butler - Immortalised forever in the header!!!

What a kn0b.

spud

[fenners66] 01/11/2024 15:35

For every useless buyback there's an acolyte (or more) still saying they are the best thing since sliced bread.

[mister md] 01/11/2024 15:27

DOW up 529 points

ABDN up 0.5 pence 😒😒

[mister md] 01/11/2024 12:08

Just need to get rid of some of those pesky shorters:

[skinny] 01/11/2024 11:44

Potential 11% yield at the current price.....