Standard Life Aberdeen Share Discussion Threads

[chinese investor] 30/10/2019 08:36

All Good !

[ramellous] 30/10/2019 08:02

I caught the last few mins of Keith Skeoch on CNBC this morning. I’m waiting for the vid to be put on their site. Here is the last time he was interviewed on there talking about SLA results back in August.

[chinese investor] 30/10/2019 07:07

Good RNS !

[red ninja] 30/10/2019 05:18

SLA buying its own shares.

[lippy4] 29/10/2019 22:44

what is holding this share up cloud anchors???

[mcunliffe1] 29/10/2019 22:42

But inflation has eaten away at both the dividend and the current share price compared to that of "some years ago".

[timmy11] 29/10/2019 19:08

but you received dividends then...so should put you ahead by a long way

[jackdaw4243] 29/10/2019 16:54

Its been a good rise for some but I am just in front of when I started some years ago.:-)

[chinese investor] 29/10/2019 08:04

Seventh day of rises ?

[essentialinvestor] 28/10/2019 16:34

CI, you kept the faith, well done.

Think taking some off the table somewhere around the current price might
be worth considering, 3.20? - possible.

[chinese investor] 28/10/2019 14:27

I will divest at 320p.

Please do not make me a role model !

[sicker] 24/10/2019 12:57

I can't see CI divesting himself (?) of SL, he's been too attached to them for such a long time :-)

[mcunliffe1] 24/10/2019 12:27

I guess buying your own shares falls in the above category - to some extent. There are costs in the handling of the purchase(s) and in the Stamp Duty.
In such a well published scenario with a willing buyer with a specific amount to spend, providing there's enough willing sellers the transactions will be undertaken at a similar base level. Once the sellers dwindle the share price will undoubtedly rise if the buyer has not yet depleted the entire purchase amount.

What happens after the full purchase amount has been spent is the interesting time. If no sellers and buyers exist (in numbers) the share price will languish and then head downwards to create a market. It will NOT head upwards. Eventually sellers will enter the market and if no further (big) buyers exist the price will continue to fall until such time as buyers once more enter the fray.

This is basic stuff - so sorry to all but my concern has always been the distortion that a company share buy-back creates. When options are brought into the mix that distortion can be multiplied many, many times.

It will be interesting to see what happens when the buy-back ends. I believe 0.9% of the shares will be bought and cancelled - seems a drop in the ocean to me.

[pierre oreilly] 24/10/2019 09:49

Indeed mc, one could say the finance industry thrives on buying and selling shares.

I expect that four hours into their liquid lunch at the lamb, one fund manager could suggest a mutually beneficial series of trades with another fund manager, just before he goes home in his lambo. If one sells the other say £250m of bt for example, with the agreement to buy them back in 3 months time (just to be safe since they have fa idea where any of these things are heading), then the back office boys can take their 1.6% brokerage commission each, on each transaction, plus a few other sundry odd 10s of k here and there, and that's by my reckoning, £16m in the companys' coffers and out of your pension/fund/ fund of funds/fund of funds of funds. A productive lunchtime gallon.

Nah, can't be, can it. After all, that would lead to finance companies regularly paying multi million pound bonuses and high dividends while punters were left complaining about the useless performance of their funds and pensions. Have you ever noticed anyone whinging about their managed funds' performance mc?

[chinese investor] 24/10/2019 09:48

Thanks for the Tip MC !

I haven't sold any of these yet - it could when it reaches 320p !

BREXIT talks progressing nicely !

[mcunliffe1] 24/10/2019 09:34

:-) Thanks P.O. Your sage advice always welcome.

C.I. / Asagi - you may look at M&G as Deutsche think 300p is a realistic target. They are around 218 at the moment. Not all shares move at the same rate - in either direction - so sometimes it is beneficial to sell one share and move into another. If it were not thus there'd be no "share management" industry just trackers.

[pierre oreilly] 24/10/2019 08:56

Pointless selling just because it's gone up 10% recently if the market in general has gone up 10% and you want to stay in the mrket. This due to the fact that whatever you buy has likely also gone up 10%, so you're in exactly the same position as if you had sold 10% lower then bought something else 10% lower.

Again Mc, don't worry yourself over these things. Just try to find some negative somewhere about the price being up another few pence, and don't let any joie de vivre rear its ugly head and spoil your day.

[asagi] 24/10/2019 08:17

OK CI, 301p bid. Arriverderci. Hope your pinkie did you proud.

Asagi (long SLA)

[asagi] 24/10/2019 08:14

I'd be selling if I were you CI and buy something else. You'll kick yourself if you hold out for another 0.5p and it never gets there.

Asagi (long SLA)

[spud] 23/10/2019 19:47

Pass CI the Kleenex...spud

[chinese investor] 23/10/2019 15:12

My little pinkie is getting excited !

[mcunliffe1] 23/10/2019 14:05

Nice one spud. Your optimism is paying-off C.I. keep going.

[spud] 23/10/2019 14:00

So can I deduce from your #2155 post, you’re now a Great Tit? (No offence intended).

spud

[chinese investor] 23/10/2019 12:35

Birds with Long Necks !

Ostrich Investor (SLA) 21 Aug 2019 - 11:26:17
78p to go to 320p !

Emu Investor (SLA) 21 Aug 2019 - 09:45:44
79p to go to 320p !

Naomi Campbell Investor (SLA) 21 Aug 2019 - 08:39:15
80p to go to 320p !