Abrdn Share Discussion Threads

[mcunliffe1] 03/12/2021 18:22

I believe she bought a chunk at a higher share price some months back. At that time I presume she did not expect the share price to drop as much as it has.

Diluting her overall buy price per share is one thought.

I'd be surprised if there's any good news to be announced soon that will move this price higher and it seems the market has digested the ii takeover. Andrew Alexander in the Mail believes it could bode well for investors as a result of lower deal charges. He refers to Robin Hood in the U.S. and the race for the bottom.

abrdn are experts at 'racing for the bottom'

[boozey] 03/12/2021 17:52

Chunky Director buys. I love it when a CFO puts her hand in her pocket. Carries more means than a CEO investment. Worth a top up I feel.

[essentialinvestor] 03/12/2021 16:25

Appreciate the view.

[cwa1] 03/12/2021 16:21

CFO filling her boots as well! Bought 52,948

[spud] 03/12/2021 16:11

India is a cesspit of corruption (just ask VOD) and any business done there is normally accompanied by a backhander or brown envelope, so yes, I'm relieved that they have taken a large proportion of their investment out. If things improve (no guarantee) then they can reassess the situation.

Buying a quality UK company that is seeing strong incremental growth, with spare cash, is a masterstroke.

We a due a large rerating imo.

spud

[essentialinvestor] 03/12/2021 16:06

spud, do you think the BOD have made the correct call in selling down the HDFC
Life stake?.


They look to be effectively exiting India for the ii acquisition,
aware they retain an approx £500 million stake, which assume will also be sold.

India is primed for huge growth over the next decade and just might question
selling exposure to this growth.

[coxsmn] 03/12/2021 16:02

I've joined the club.

[spud] 03/12/2021 15:49

And another 100k for Mr Bird.

spud

[spud] 03/12/2021 12:28

Certainly super-charged the price...

spud

[richie1218] 03/12/2021 12:27

your welcome ..

[partenope] 03/12/2021 12:21

thanks rich1218 :)

[richie1218] 03/12/2021 12:16

Broker Name Date ViewClosing PriceOld price targetNew price targetBroker Change
Deutsche 03/12/2021 Buy 230.10p 0.00p 320.00p Reiteration
Citigroup 03/12/2021 Neutral 230.10p 280.00p 260.00p Reiteration

[partenope] 03/12/2021 09:14

oh right, so we wait until q2 22 for the city's take? i don't think so! more likely they don't work fridays.

[partenope] 03/12/2021 08:54

no broker comment yet?

[spud] 02/12/2021 22:47

Should get a nice bump tomorrow. spud

[wllmherk] 02/12/2021 22:38

Managed to buy a few today for the ISA. At 229p I'm happy, over 6% yield and it's income I'm looking for.

wllm

[timgw] 02/12/2021 17:50

Standard Life have shown an amazing capacity to look after Director's interests while at the same time destroying shareholder value.

I have a SIPP which with my choices is doing reasonably well but apparently their ISAs are contracted out. Have had my investments with Brewin Dolphin > Stocktrade > Alliance Trust > Interactive. I just wonder where it all goes from here other than the continuing shafting of private investors.

[jubberjim] 02/12/2021 17:37

Still not convinced to buy in yet on any we share apart from bt.a

The gyrations in NY and across all bourses is symptomatic of dealers/investors not having a clue (bit like me really)
Prefer to stay long cash and wait a more opportune time to go in again (interest not withstanding)
Gold taking a kicking but that's ok will just buy at better levels
Less to worry about will sleep well at night

Regards to all

[spud] 02/12/2021 16:50

He'll be buying in here soon in order to get a slice of the pie!spud

[suetballs] 02/12/2021 16:46

Quick U-turn Monty!
Suet

[spud] 02/12/2021 16:37

Can't see it staying at this level for long (Market sentiment permitting). spud

[montyhedge] 02/12/2021 16:18

I will stick with ii only because classed as vip client, I pay no monthly charges, just a commission of course peanuts. See what Abdn do with charges to get their investment back.

[spud] 02/12/2021 16:03

....and no reply Monty? Did he offer to call off the deal? ;-))

spud