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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Standard Life | SL. | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 410.80 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 410.80 | 410.80 |
| Top Posts |
|---|
Posted at 29/6/2019 23:12 by rjmahan Not quite self liquidation but a fund which is liquidating companies in Japan - in essence.This post may be of interest... |
Posted at 01/10/2018 20:53 by pvb You may no longer be interested but Dunedin is making another return of capital: |
Posted at 20/10/2017 10:59 by dalmeny I am sorry to see this thread so neglected as I think the sector still contains many companies and some of these must present attractive investment opportunities. As a value investor interested in assets rather than growth stories I find many value situations – companies trading well below book value. The problem with most of them is that they have a dominant shareholder and it is hard to see how value will be outed absent a catalyst. The great advantage of self liquidation situations is that the catalyst has already occurred. Analysis is therefore confined to the reliability of book tangible NAV, the likely duration of the self liquidation process and the annual cash burn (sorry if the above is a bit obvious to veteran PIs).In the hope of re-igniting interest in this thread I offer a list of self liquidation situations which I have identified in order of premium to book value (NAV) so in theory in descending order of interest, ie ALF is top at a premium of 267% to tangible NAV and so on. Have I omitted any companies? Should any not be in the list? Which companies represent the best self liquidation plays and why? ALF267 OPP234 SPPC229 DCA205 TAU156 TCF116 TREE 115 DUPD101 TRC100 EEP99 SAPO80 GFIR63 ASPL61 SUH59 LEAF56 EIH55 LXB51 AGOL50 TJI47 LSR38 CDI31 EFR23 PACL22 JIL22 JPEL21 DNE14 APT13 DIL211 MUBL10 MTH7 NRI-4 PVCS-26 TRE-84 |
Posted at 11/8/2017 21:15 by enami Chinese Investor the auction was all about the merger which will complete on Monday. I suspect tracker funds and institutions are rebalancing their portfolio holding based on the combined SL. and ADN valuation.So for example a FTSE100 tracker may need to increase it's holding to account for the larger capitalisation of the combination. The closing auction volume at ADN was over 24 million, 10 times the daily average. REF RNS 25 July 2017 Standard Life plc ("Standard Life") Aberdeen Asset Management PLC ("Aberdeen") Announcement of UK Regulatory Approval for Merger Standard Life and Aberdeen are pleased to announce that the Financial Conduct Authority and the Prudential Regulation Authority have confirmed their approval to enable the merger between the two groups to proceed. The transaction remains subject to certain regulatory approvals in other jurisdictions and to final approval at a Court hearing scheduled for 11 August 2017. The merger is currently expected to complete on 14 August 2017. |
Posted at 10/8/2017 16:34 by chinese investor Looks like it!Chinese Investor (RBS) 12 Jul '17 - 16:25 I'm having a quiet giggle to myself today ! |
Posted at 10/8/2017 16:30 by pal44 Chinese Investor were you the LoL man on RBS thread ? |
Posted at 10/8/2017 13:32 by underhill2 Fenners66 - Sorry I won't post anymore unless it's worth posting and it's not about Chinese Investor ! |
Posted at 10/8/2017 12:12 by underhill2 Chinese Investor - I'm sure you will be able to cope ! |
Posted at 10/8/2017 12:04 by underhill2 Chinese Investor - 420p soon !Hope you are not suffering too much |
Posted at 04/3/2017 15:08 by cheshire man Standard Life, Aberdeen Said to Hold Merger Talks,Standard Life, Aberdeen Said to Hold Merger Talks, Sky Reports by John Glover March 4, 2017, 2:35 PM GMT Merged company would manage more than 600 billion pounds Standard Life’s market value is almost twice Aberdeen’s Standard Life Plc and Aberdeen Asset Management Plc, two of the U.K.’s largest fund managers, have been holding talks about an 11 billion-pound ($13.5 billion) merger that would create one of the world’s biggest asset managers, Sky News reported on its website, without saying how it obtained the information. The merged company would manage more than 600 billion pounds and employ more than 9,000 people, with a possible annual cost savings of 200 million pounds, Sky said. The combined company may be run jointly by Martin Gilbert and Keith Skeoch, the chief executives of Aberdeen and Standard Life, respectively, while Gerry Grimstone, Standard Life’s chairman, would probably chair the new group, Sky reported. Standard Life has a market value of 7.5 billion pounds, almost double the 3.77 billion-pound value of Aberdeen. Standard Life shares have risen 1.75 percent so far this year, closing at 378.5 pence on Friday. Aberdeen’s stock is up 11.3 percent, closing at 286.4 pence. Merger talk has swirled around Aberdeen in recent weeks amid outflows from its funds as a strengthening U.S. dollar encourages investors to switch money out of emerging markets, where Aberdeen is strongest. The company said on Feb. 2 that assets under management fell to 302.7 million pounds in the final quarter of the year, a decline of 10.5 billion pounds in the period. Investor sentiment stalled following Donald Trump’s victory in the U.S. presidential election, with investors putting asset allocation decisions on hold, CEO Martin Gilbert said. Aberdeen also has been looking to the U.S. for possible transactions, including the purchase of Pioneer Investments’ U.S. business, Sky reported. A Standard Life spokesman declined to comment. Aberdeen’s spokesman said he wasn’t immediately able to comment. |
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