Abrdn Share Discussion Threads

[rampant_bull] 11/11/2022 10:16

No explanation for this rise, suspect a bid is coming.

[mcunliffe1] 11/11/2022 10:01

nice to see you back C.I.

[chinese investor] 11/11/2022 09:53

200p Soon !

Chinese Investor - 08 Jul 2022 - 10:25:31
37p To 200p !

[gaygay3] 11/11/2022 09:33

SB must be over the moon takes the pressure of him

[gaygay3] 11/11/2022 09:31

HL up over 11% this month ABRDN up over 47% this month surely something going on behind the scenes no good news for ABRDN lately so why the big jump

[skinny] 11/11/2022 08:44

I'll stick thanks - ironically HL show that I bought the then SL @227 in 2011 and sold @271 in 2012.

[prokartace] 11/11/2022 08:39

Skinny, of that was me I would reduce my position to lower my exposure, and leave some room to buy back if it goes south again

[skinny] 11/11/2022 08:19

ABirdInTheHand - I'm in a similar situation having bought @242 early Feb and have been chasing it since 193,176,164 and finally 150.85 in July - now just about flat and will hold for the speculation.

[tuftymatt] 11/11/2022 07:15

No doubt many have been gaygay3.

I have been averaging down during the past few months on the dips that always crop up so am now in a much healthier place. I have even put a stop loss in which a few months back I would have thought impossible!!

I am hanging on for hopefully a re entry to the 100 and that should mean we start with a 2 again 👍🏻

[gaygay3] 10/11/2022 23:58

One of the reasons why this has gone up well over the last Two weeks is maybe investers are buying the dip £2 here we come

[abirdinthehand] 10/11/2022 22:26

Despite recent gains, there are probably still more reasons to hold than sell. Although going through a troubled patch, Abrdn are still a strong brand with over 500bn of AUM; not an insignificant sum. With recent gains in the stock market and more expected in the run up to Christmas, there is a good chance of a decent boost in performance fees. We should also expect both ii and the advisory businesses to be performing well. I think there is enough there to maintain the final dividend payment which is key to supporting the current price. The LSE website are also showing shorts down at 6.2%, suggesting that some funds maybe starting to realise that the game maybe up. Added to that there is the high likelihood of rejoining the FTSE 100 with all the benefits that brings. I think these still have a way to go and even at the current price, there’s an 8% divided.

[essentialinvestor] 10/11/2022 20:48

Wunderbar, shows a lot of mental strength managing that, well done.

RCP a quality substitute for ADIG btw,
not keen on ADIG as per my posts.

[longwell] 10/11/2022 20:23

Pe still only 4, that's why it is rising and will still have some ways to hold to join peers ratings. Some retrace to be expected but will slowly continue to 2.00 if markets favourable.

[wunderbar] 10/11/2022 18:07

I'm sure many on here are absolutely delighted with ABDN's share price performance this past month, up a staggering 41% (54p). It almost seems too good to be true. Having averaged down far too many times on this stock I decided to bail out today at 187p [edit: previous typo 180p] and in doing so booked a 2% loss on my investment (inc dividends). I consider this a great escape noting where we were just a month ago, with share price at all time low, not helped by Kwasi Kwarteng's now infamous mini-budget fiasco. I think this stock will continue to recover over the medium term but in the short term I'd be amazed if it can keep up this rapid ascent. I just can't see it motoring much further beyond 200p given the fragile state of global markets. And let's not forget the share price was c.230p prior to Putin commencing his war in Ukraine, which in turn accelerated the energy/cost of living crisis. With this in mind I'd say the current share price of 188p is a very generous price in this economic climate.

What really concerns me at present is the fact c.7% of this stock is being shorted, significantly increasing in past month or so. This is a considerable percentage for a stock of this nature and yet the share price has gone through the roof during this time rendering the timing of these shorts as bizarre, almost comical. Noting share price recently hit all time low 131p - what was their plan, aim to buy back at 100p or lower?! Surely the time for shorting was above 200p. Do they know something we don't. Given how well the stock has performed of late, at what point do shorts close their positions and lick their wounds. In the main, Institutional shorters rarely get it spectacularly wrong, that's why I think this run could be nearing its peak. I guess I'm hedging my bets we'll see a sharp retrace sooner or later which is why I sold up, not wanting to look back at this moment with regret for having passed up a great opportunity to exit at a good price in a volatile market. Time will tell if I've bailed out too soon but that's the risk you take. What I'd say to anyone here is, if you're going to average down do so at sensible staggered levels, don't get carried away like I did. I played this stock wrong, far too gung-ho, and nearly paid a hefty price.
I'll consider reinvesting if the share price falls back to 140-150p. I suspect the vast majority on here will hope I don't get the chance.

[tuftymatt] 10/11/2022 16:16

😂👍🏻

[spud] 09/11/2022 22:51

Short interest back up to 7.06%. spud

[montyhedge] 09/11/2022 11:37

Taking a breather had a great run.

[montyhedge] 08/11/2022 21:29

I think they will be back in the FTSE 100, what are they number 94, need to be 90 for automatic entry. Tracker funds come in and buy, bears short and caught.But interactive Investor I reckon a great buy, I use them, best online broker I have used. Paid 1.5 billion I think a bargain, with cross selling etc.Of course sitting duck for a takeover, with weak sterling, perhaps a overseas company.

[gaygay3] 08/11/2022 18:41

Could it be that ABRDN are to give 500million back to shareholders in the form of a special dividend if it’s true

[tornado12] 08/11/2022 18:37

Buybacks have never influenced this share price in the last 4 yrs. something afoot here and we may soon have an RNS shareholding update. This company needs a massive shakeup in direction and motivation. It’s working in case of Aviva ! C’mon we need some hedge fund shakeup action. Where is that big SH return they promised before EOY after the relegation from Ftse100 ?

[gaygay3] 08/11/2022 18:20

What’s happening to the share price up over 32% in a month SB must think is turn around is working or is it something else don’t think it’s the buyback so is SPUD right could be a bid soon any thoughts on why the share price as gone up so much in a month

[abirdinthehand] 08/11/2022 18:18

That’s the choice. £50 million a year for 6 years or £25 million +10% of future payments indefinitely.

[skinny] 08/11/2022 17:39

Hmmmmm - let me think.......