Standard Life Aberdeen Share Discussion Threads

[grahamite2] 19/6/2018 13:20

Like the company, don't like the chart.

[wtacraig1] 19/6/2018 08:45

Nah. Keep the faith. This will turnaround.

[rathlindri] 19/6/2018 08:34

this is pretty grim

[speedsgh] 14/6/2018 12:41

‘Significant’ opportunity at Standard Life Aberdeen, says Numis -

Numis Securities believes Standard Life Aberdeen (SLA) offers ‘significant value opportunity’ for investors willing to be patient with the fund management giant.

Analyst David McCann retained his ‘buy’ recommendation and target price of 452p on the stock, which eased 1%, or 3.6p, lower to 350.6p.

He updated his forecasts for the return of capital, additional cost savings, and debt and said the market was ‘materially undervaluing Standard Life Aberdeen and we believe it offers a significant value opportunity to patient investors’.

However, he noted that the ‘catalysts may not be short term’ and ‘patient shareholders will be well rewarded after a period of time as further disposals, associated return of capital might be made as the investment cash evolves to that of a pure play asset manager’.

[joshuam] 11/6/2018 22:03

Big buyer mmm

[stewart64] 11/6/2018 10:08

Looks good to me as a buy. Unfortunately got Legal and General and Aviva already so over- represented in this sector.

Fwiw I think the price to book is the most attractive feature of Standard just now.

[fidra] 08/6/2018 11:56

Yield now over 6% again.I have bought in again having been out since about £4.20 odd

[rathlindri] 08/6/2018 11:53

Seems like 1 step forward and 2 steps back with this share since merger..

[wtacraig1] 08/6/2018 10:15

Should be called Swexit talks then.

[chinese investor] 08/6/2018 10:02

I've concluded the Scottish Widows talks aren't going well !

[wtacraig1] 08/6/2018 09:59

Notice Lloyds made sure they collected the dividend before bailing out.

[grahamite2] 08/6/2018 09:40

I saw it mentioned on the Lloyds board while the market was still open, quite early afternoon I think. Or maybe my memory's letting me down!

[chinese investor] 08/6/2018 09:02

News was released after trading hours yesterday !

[grahamite2] 08/6/2018 08:29

Delayed reaction. I wondered why it didn't go down yesterday.

It's actually still pretty muted so far.

[joshuam] 08/6/2018 08:26

Too right Chinese timing is everything

[chinese investor] 08/6/2018 08:03

LLOY have really got it in for SLA !

[chinese investor] 08/6/2018 07:05

""Lloyds Banking Group today announces that it has sold its remaining stake in Standard Life Aberdeen plc (the 'Company'), representing approximately 3.3 per cent of the Company's issued ordinary share capital, at a price of 352.5 pence per share raising aggregate gross sale proceeds of GBP344 million.

There is no impact on the Income Statement as the investment has been accounted for at fair value through other comprehensive income."

[joshuam] 08/6/2018 06:44

Down we go then

[chinese investor] 07/6/2018 16:44

"Announcement today of the launch of an accelerated bookbuilt offering by way of a placing to institutional investors (the "Transaction") of 97,678,570 existing ordinary shares (the "Placing Shares") in Standard Life Aberdeen plc ("SLA") on behalf of Lloyds Banking Group ("Lloyds").

The Placing Shares represent approximately 3.3% of SLA's issued share capital."

[chinese investor] 07/6/2018 11:28

Looking Good !

[spcecks] 04/6/2018 11:02

Thanks Pierre.

[pierre oreilly] 04/6/2018 10:26

not announced yet, but probably a minimum of 33.4p/share when it is announced with the ex-return date.

[spcecks] 04/6/2018 10:19

Hi does anyone know what share price per share the return of capital is to shareholders and the cut of date.

[pierre oreilly] 04/6/2018 09:00

i just bought a few taking me overweight from my target holding. This based on the cash return will taking me back to my target holding, and the fact that much of the cash return will be reinvested in sla, and the company share buyback after the cash return, and it looks cheap with a high and growing divi. Enough reasons for me.