Standard Life Aberdeen Share Discussion Threads

[spud] 16/3/2021 21:37

Sold 1/3rd holding at 325p and have bought some back on the way down with lowest at 2.90p. It'll probably top out at about 350p this year imo. spud

[gaygay3] 16/3/2021 17:39

Hi spud
will you be buying at these prices and what do you think the share price will be this time next year nice to see the insiders buying at these prices must be confident they can make a few bob

[spud] 16/3/2021 16:52

Mr Bird buying 100k today (£286k). spud

[pierre oreilly] 16/3/2021 13:16

Although i can't quite fathom what you're trying to say with your first sentence mcun, i assume it's a dig so i'll say it in a different way for you, this time without those pesky confusing percentage things.

My estimation of the number of people in the uk who are willing and able to invest to keep all the profits for themselves and avoid massive charges is approximately 676,000. Ish.

Plenty of the remaining 99% could successfully invest for themselves achieving better returns than professionals should they be interested (most aren't) and also put in the time and effort, and i accept that many don't wish to, each to their own.

hth

[meijiman] 16/3/2021 09:27

I simply feel there are much better fund managers out there if you need someone to manage your money. The glory days of SLA are long gone..the smart money has gone to more dynamic houses eg Baillie Gifford.

[pierre oreilly] 16/3/2021 09:06

Agreed there. Anyone who gives their money to anyone to invest on their behalf must be clueless.Fortunately for SLA, 99% of the population are clueless when it comes to investing.

[gaygay3] 16/3/2021 09:05

why must they be clueless explain

[meijiman] 16/3/2021 08:53

Anyone who gives money to SLA to invest must be clueless

[mcunliffe1] 16/3/2021 08:32

Back in 2008 Warren Buffet issued a challenge. He claimed a tracker fund (that he picked) would beat a hedge fund (or selection of several such).

He won.

Trackers are low cost and generally perform well over a long period. I believe there's a lot of cash looking for a safe and rewarding home. A lot of people with that cash have little knowledge of the market and will choose a safe tracker over an actively managed fund.

SLA have a problem there.

[essentialinvestor] 15/3/2021 21:25

If only it was that easy. SLA are fighting a brutal battle against passive investing.

Not sure rebrading will cut it. Outperformance of benchmarks absolutely key, easier said than done.

Increasing swathes of investment cash being scooped up by by ETF's.

[topvest] 15/3/2021 21:03

I do also agree with the rebranding. Basically, there is no clear brand identity. Standard Life, Aberdeen Standard Life, Aberdeen Standard Investments etc. Totally and utterly stupid. Investment performance is OK and should improve as and when the techno bubble finally deflates. An interesting recovery story, if it works.

[topvest] 15/3/2021 20:50

It's certainly interesting here. The dividend cut was bad news, but not entirely unexpected. What has caught my attention is that their minority investments are worth approximately half the market cap. So very rough numbers, £3bn market cap for the rest gets you over £500bn AUM. That's a very cheap valuation of c0.5% of AUM. Thoughts?

[mcunliffe1] 15/3/2021 18:15

fenners, I've made the same point many times. They are SUPPOSED to be an investment company.

I'm unsure what their function is. Phoenix handle my pension but under the Standard Life Assurance brand name. What exactly does SLA do?

[fenners66] 15/3/2021 17:59

Apart from rotation which is just the game , where is the incentive for these to go higher?
Having made 20% whilst anticipating that there was going to be a stable if not improving dividend due to the buyback last week was one of the few times a decisive decision on getting out and chasing yield elsewhere was easy and I am so glad I did.

I have had a smaller holding for years , but spending all the cash buying back shares and then cutting the dividend was an incompetence too far for me.

They had clearly run out of ideas of what to invest in .... they are an Investment co. for goodness sake !

[gaygay3] 15/3/2021 17:47

this share as lost 10percent in 4 trading days probably because of results and div cut directors buying at 296 I think this is a buy at 283 share price should recover in time I will be buying more to make 10percent and maybe more any thoughts

[chinese investor] 15/3/2021 15:56

I invested in some OEICSs this morning - most of them are in Edinburgh based Baillie Gifford - nothing in Aberdeen Standard Life !

[mcunliffe1] 15/3/2021 15:54

They haven't been for some time C.I.

[chinese investor] 15/3/2021 15:20

Aberdeen Standard Life aren't in a good place.

[fenners66] 15/3/2021 15:15

33p to 250 ?

[pierre oreilly] 11/3/2021 08:50

That's quite an assertion. Could you itemise the evidence which proves it?

[fenners66] 11/3/2021 08:46

So you don't "know" any supporting data then.

[spud] 11/3/2021 08:34

IN BRIEF: Standard Life Aberdeen directors buy GBP125,000 in sharesSource: Alliance Newsspud

[unastubbs] 11/3/2021 07:38

thanks pierre :)

[pierre oreilly] 11/3/2021 07:24

I'm sure there is a lot of supporting data if anyone cares to look. I'm not writing a financial academic paper subject to peer review, I'm just stating what I think. You're very welcome to think differently if you want.

[unastubbs] 11/3/2021 07:20

pierre, any supporting data for your last remark? with stimulus cash in the US looking for a home, let alone savings unspent during lock down and many govt's with big splending plans going in to 21-22, i personally do not see too many poor results this year. but time will tell of course...