Standard Life Aberdeen Share Discussion Threads

[mcunliffe1] 08/11/2018 08:32

I thought I may add a little insight into the very interesting comments from a bunch of folks on here who I respect as probably knowing far more than I.

Seems to me that NOW, the SLA is indeed an investment company. I knew it better in years past when my dad worked for them (for many years) as an assurer - with some investment aspects.

I have several pension funds with the SLA - With Profits, Managed, UK Equity, and a couple of new ones that I use for draw-down. I login each day to check these values. I write down the fund prices and valuations on a sheet - sometimes transferring to a spreadsheet.

Note. "I WRITE DOWN THE FUND PRICES AND VALUATIONS ON A SHEET".

I've been pressing SLA to provide a print facility for almost two years now. They are not interested. That same site STILL presents inaccurate data in the Contributions section after they've been notified of such several times.

This is not the level of service one expects from a serious and professional investment platform. The SLA never listen to their customers and until that mindset changes they will, in my opinion, fail to impress.

[rcturner2] 08/11/2018 08:26

Financial stocks have been hit by Trump, Brexit and the Italy bond crisis.

[tornado12] 08/11/2018 03:38

Yep perfect, I’m just in 2 minds whether to top up again before the FY results or not .... this is my current dilemma :-))

[cyberian] 08/11/2018 00:09

Tornado, Fiona, and Topvest...I tend to agree with all three of you, and something needs to change a rather strange reaction to the various initiatives since the merger. Looks like the wider investment market is in a dilemma as to whether they are comfortable with recent developments, and that is why I keep bleating on about the new Chairman and the influence that he will I am sure bring to the company. Again some leading Brokers who would have been given reasonable access to question management and have looked at all the recent developments/cost cutting etc, as well as the performance of various funds managed in the SLA family...add the Phoenix link, and the Indian vehicle, and the parts all add up rather well. We just need to see the evidence in an open and transparent way, and unfortunately we may have to wait a few more months for that definitive answer in the F/Y results. In the meantime I guess the party buying in about £3 million value of shares per day at the current levels will be happy to do so...at south of 270p it is probably best for us patient holders than when they were doing it at over 330p. My word, an share price at around that level would certainly make the Divi yield look a little more balanced, and acceptable....the share buy-backs and cancellation at todays share price levels will only make the yield appear even more attractive which perversely scares some small investors...if all that makes sense?

[topvest] 07/11/2018 21:29

Its a very good asset manager in my view, possibly one of the best. Trouble is its a value investor and we are c10 years into GROWTH beating VALUE and that has really impacted the business. Things will turn only when VALUE gets the upper hand again and SLA out-perform the clowns at BG etc. who are investing big-time in the FANG growth at any price nonsense. We must be close to the tipping point.

[spcecks] 07/11/2018 19:26

In my opinion I think the market has got it wrong here and the share price is far to low...which I've been taking advantage of and adding to my holding for dividend income.

[meijiman] 07/11/2018 18:08

Yes Fiona you hit the nail on the head.

[fionascott1234] 07/11/2018 17:35

FTSE 100 up 76.6 today and we are up,up,up!
0.1p

[tornado12] 07/11/2018 17:31

Cyberian, also I find it quite strange the share price has seen no benefit even though 1B£ of shares was removed from the float in the last week. It’s a very big number from the original MC to not change the share price seems the market is not impressed and only forward results can change that in my opinion. The only advantage is low price for investment if you believe the current dividend p/share will continue and the future revenue stream is solid

[cyberian] 07/11/2018 15:42

Thanks...correction made...heavy fingers!

[nico9] 07/11/2018 15:35

Cyber CEO bought at 2.70 not 1.70 lol although at this rate it might even get down to the 1.70 level soon!!!!

[cyberian] 07/11/2018 13:37

I can't quite work out what the game plan is here between those who still remain small sellers, and the strategy for mopping-up shares in the buy-back program, which has huge financials available. Also where has the returned cash gone...obviously not all back in SLA, well not yet to any extent. Again the CEO buys in my opinion at around the 270p mark should have been a good indicator that all is progressing well. Hopefully the new Chairman designate and now non ex Director (formally appointed Nov 1st) will buy some shares soon at these bargain(?) levels. Guess need to sit this one out with ones holdings until something significant happens before the F/Y results etc. Brokers targets are still very solid and I believe balanced in their assessments/views...only time will tell but maybe a reasonable Brexit outcome will help.

[action] 07/11/2018 12:49

CI

was not sure 33.9 will be paid on old one or new hold.

[chinese investor] 07/11/2018 12:47

ACTION,
Don't you know your 33.99 times tables ?

[action] 07/11/2018 12:33

For every 4000 shares hold received £679.80p. Is this correct pls?

[pal44] 07/11/2018 11:05

hey CI are you in Soph ?

[latics2] 07/11/2018 10:16

No cash yet from IG.Waiting impatiently.

[edmundshaw] 06/11/2018 14:45

Halifax has finally supplied the cash. It has ended up at a better price for buying (if that is what you want to do) so not all bad!

[cyberian] 06/11/2018 13:47

CEO buys of 150,000 shares each at 271p and 269p approx. maybe some guide or not as to value/confidence in how things are progressing internally. The loss of the Windows AUM accounts for just 5% of revenues and was low margin so not really that significant, although a big number. Just look at Lloyds Bank share price and one can see that they remain under pressure, so maybe they over-reacted on taking business away from SLA?? Always difficult to tell over a short time span, but we shall see. Rather surprised that we have not seen more buy-backs or covering after the 7/8 and related effect...but hey, SLA share buy-backs remain very low, and just wonder if the party handling this are a bit over cautious and not wishing to see the share price rise too rapidly...the cash pot for them is really huge, and will take a long time to absorb at the current buy-back rate.Maybe it is all about market sentiment and direction with US and Brexit matters....whatever, life will proceed and the markets are dependent on sound revenue streams (dividend returns), and earnings stability. Still awaiting for the Chairman designate to announce a share purchase...timing looks OK if he has waited a few days.

[scrwal] 06/11/2018 13:03

I'm currently holding off but the price is below 269.5p which is my threshold for replacing the shares lost at no gain/loss in number held in Oct.
The drop in AUM is concerning but that may be a general problem with the sector.
There are a few shares with high yields at the moment AV. DLG IMB and the builders.

[mavis5] 06/11/2018 11:17

That's really poor by Halifax. I'm with Interactive Investor (ex TD) and got my divi on Fri 2nd.