Standard Life Aberdeen Share Discussion Threads

[cwa1] 05/7/2021 08:28

I've set up a new thread for ABRDN if anyone is interested...

[cwa1] 05/7/2021 08:27

A new thread, if interested, for ABRDN

[svend2] 01/7/2021 20:00

Maybe they could invest some capital into their recent China venture (if that is producing income?) which only got approved earlier this year..

[gaygay3] 01/7/2021 18:50

Think you might be right SPUD

[spud] 01/7/2021 17:32

Not sure. I just hope it doesn't go towards another useless buyback program. spud

[mcunliffe1] 01/7/2021 17:29

can't justify a spec. divi. having failed to pay a decent whack at the last final payment.

[gaygay3] 01/7/2021 16:22

Hi spud

what do you think SL will do with all the money from two businesses they have sold I think over 700million

[spud] 01/7/2021 11:26

SLA completes £102m Parmenion sale.
Posted 1 JULY, 2021 AT 08:46

Standard Life Aberdeen has sold Parmenion to private equity house Preservation Capital Partners as part of its efforts to simplify its adviser offering.

spud

[tartshagger] 30/6/2021 10:25

My spies at SLA House in Lothian Road are in despair as their substantial equity holdings in their employer tank in value, as the new management sell off the remaining income-generating assets. SLA now has few assets of its own left, the new company manages other people's assets. After the recent savage cut in the dividend and as AUM steadily decrease, there really is little reason to hold this company. Before the merger SLA was trading at over a fiver a share, LTH (CI) should be aware of the substantial risk that this company will shortly trade as a penny share.

[mcunliffe1] 30/6/2021 08:45

Depends.

Depends on what business the company involves itself in my view.

SLA is an investment company and you'd think therefore that it could find a multitude of 'good homes' to invest the £650+m it has obtained from this sale.

Vodaphone could use their spare cash to expand into lucrative, developing markets probably abroad.

Frasers is tapping-in to the recent explosion of sales of it's sportswear products but could easily have used the funds to buy ailing competitors - Selfridges maybe?

It's an easy management decision to buy back it's own shares and in my view, one that cannot be challenged with complete accuracy nor claim to have been a roaring success. Muddy waters - management laxity spring to mind.

[netcurtains] 30/6/2021 07:56

On the other hand FRASERS is up loads with its buy back.
Depends.

[spud] 29/6/2021 22:39

Probably unfortunately.....Look at VOD. Down 15% since they started their new buyback program 8 weeks ago! spud

[lippy4] 29/6/2021 21:16

so what are they going to do with all this money buy back shares????

[spud] 29/6/2021 20:37

Standard Life Aberdeen nets GBP652 million from latest HDFC Life saleSource: Alliance NewsStandard Life Aberdeen PLC on Tuesday continued to reduce its stake in its Indian insurance venture HDFC Life Insurance Co. spud

[mcunliffe1] 29/6/2021 08:27

The £652m is to be used for 'general corporate purposes'.

That means either:
a) they'll pay big bonuses to more directors
b) they'll buy more of their own shares

There's no way they'll use that money to enhance the business to the benefit of the common shareholder.

[harry rags] 29/6/2021 07:10

Today's RNS ?

[gaygay3] 28/6/2021 11:16

anybody got any ideas what will move this share as at the moment it’s very slow maybe it’s because it summer not a lot happens this time of year or is the new CEO getting ready to give us some good news in August

[toptrump1] 16/6/2021 12:41

Highly unlikely, what are you on?

And You could have done worse, you could have invested in your Spanish index lol.

[chinese investor] 14/6/2021 08:29

30p to 315p !

Chinese Investor (SLA) 14 May '21 - 09:06
49p to 315p !

[mcunliffe1] 11/6/2021 09:43

but looking at the six year graph that progress appears to be generally in the wrong direction C. I.

[chinese investor] 11/6/2021 09:25

Steady Progress !

[gaygay3] 09/6/2021 16:36

This share as been in price range of 264 to 276 for the last 6weeks can’t see anything happening up till September or October unless we get good half year results in August does anybody think the new CEO will turn this company around as he has been in the job for 1year I think