Standard Life Aberdeen Share Discussion Threads

[petewy] 16/2/2018 20:50

SLA had its price target lowered by analysts at Deutsche Bank AG from GBX 4.70 to GBX 4.25. They now have a "hold" rating on the stock

[chinese investor] 16/2/2018 15:18

Did Aberdeen buy Scottish Widows (with strings) or have Lloyds owned it all along ?

[chinese investor] 16/2/2018 11:48

Things will be clearer in a weeks time !

[grahamite2] 16/2/2018 09:32

I don't know what that chap said, CI, but you must be monitoring this thread second by second to have moderated him so fast.

[chinese investor] 16/2/2018 09:13

It wants to rise !

[chinese investor] 16/2/2018 08:20

91p to 459p !

[chinese investor] 16/2/2018 08:03

The Recovery Has Started !

[grahamite2] 16/2/2018 06:55

81.6 is indeed some 22.5% of 360 but it is only 18.5% of 441.6, and I said the fall was less than 20%. I might have judged the situation wrong in some ways but I won't have my maths impugned!

[mazarin] 15/2/2018 20:48

On 25/08/17 SLA traded 441.6p and that's actually 22.5% higher than today's closing price of 360p. Hardly 'Stella performance' and not what Shareholders expect of BoD decisions within 5 months of trading.

[chinese investor] 15/2/2018 18:26

Presumably LLOY will be paying SLA £650 million to get SWIP back.

[droyden] 15/2/2018 18:21

This is Lloyd's executing a cause which was part of the original contract with adn, it was in the merger doc from Aug.

[grahamite2] 15/2/2018 18:21

Trash shareholder value? This isn't exactly a PFG situation, is it? The fall is less than 20%. RMG suffered much worse just on talk of a strike.

[mazarin] 15/2/2018 16:46

And this is what the BoD get paid 'mega bucks' for....? Making decisions to trash shareholder value in less than 8 months and lose business to boot - apparently all on the pretext of reducing duplication and making savings on overhead costs, yet opt to avoid making the real sacrifice, so opt keep both CEO's on full salary and benefits....? When since has it been up to the investor to examine their companys' books to determine whether any merger will likely present respective clients with a 'conflict of interest'..?

[lab305] 15/2/2018 16:42

The problem is that this professional fund manager cannot manage its own stock. It does not look good hence the bloodbath over the past weeks. Obviously the news was out befote today. So much for insider trading rules. Still holding worse luck.

[meijiman] 15/2/2018 15:46

Maybe fatty will stab spotty?

[grahamite2] 15/2/2018 15:42

I just googled Standard Life Aberdeen funds under management - with the answer, $670bn at the time of the merger. So the loss of £109bn is serious but doesn't exactly leave them a bit player.

[adelwire2] 15/2/2018 15:33

So at what point does this become a buying share? Might buy some

[grahamite2] 15/2/2018 15:32

Standard Life also said it will book an impairment charge of GBP40 million in its 2017 accounts. [Dow Jones news on the Lloyds thread]

[mazarin] 15/2/2018 15:28

No need to jump off the building, its coming down on its own. Its absurd.

[chinese investor] 15/2/2018 15:15

Full year results 2017 23 February 2018
Annual General Meeting (London) 15 May 2018
Final dividend 2017 payment date 30 May 2018

[chinese investor] 15/2/2018 14:55

92p to 449p (26%) !

[chinese investor] 15/2/2018 14:48

I'm assuming the dividend might be cut !

[grahamite2] 15/2/2018 11:48

Thank you speedsgh. Whether competition issues is the real reason or not, it's credible. Not time to jump off a tall building just yet.

[mikealig] 15/2/2018 10:45

I don't think this is as bad as it appears. This is low margin business and, in reality, Lloyds may not want to pull the business or at least not all of it. Finding a new home for £109Bn in 12 months is a pretty tall order! All IMHO