Standard Life Aberdeen Share Discussion Threads

[meijiman] 11/12/2018 09:00

Exactly. Active fund managers are not seen as attractive or the future. Within that cohort SLA are seen as one of the worst. No evidence that the merger of equals or whatever it was is delivering any added value.

[carer] 11/12/2018 08:43

The share is in a free fall, not good. In this for dividends and long term return. Somehow the company is not perceived well after the merger.

[masurenguy] 11/12/2018 08:36

SLA bought and cancelled another 1m shares @232p yesterday.

[essentialinvestor] 11/12/2018 08:25

Warning on the way??.

[rcturner2] 11/12/2018 08:22

I am a holder here, but this could easily go below 200p.

[tornado12] 11/12/2018 04:58

I have to agree it is and could be even better opportunities since the Brexit vote to upload. My only niggle is that bloody Corbyn. If he gets in with his wacky lefty mates we will see massive drain on wealth and back to mega social debts. We will end up like Greece !! So for U.K. focussed companies there is a medium term risk which cannot be underestimated in my opinion

[spcecks] 10/12/2018 19:02

The turmoil is good for me at the moment as I'm accumulating dividend stocks for income so good time for us income investors adding to our portfolio.

[essentialinvestor] 10/12/2018 18:53

Many of the listed US asset managers provide monthly updates on AUM,
it may be mandatory, unsure on that.

Schroders, from memory, also provide pretty regular AUM numbers
SLA, it's radio silence for long timeframes.

[tornado12] 10/12/2018 18:49

But for me as an investor I’m looking at the long term and hopefully this current turmoil fonds its way out of the abyss. For short term players is a big mare. I just wonder what pain it will give SLA and other UK focussed financial institutions, since for sure is not zero !

[eeza] 10/12/2018 18:17

From the Guardian's live feed

"British politics has finally cut all links with normality and drifted off into absurdity. In the Commons a moment ago Labour’s Rupa Huq described the decision to call off the vote as an act of “premature parliamentary ejaculation”. In response, Theresa May said that, if Huq were to look carefully, she would see that May is not capable of premature ejaculation.

God knows what they make of this nonsense in Brussels ..."

[essentialinvestor] 10/12/2018 17:48

Either MP's agree something or it goes back to the people, surely?.

I can't see Labour allowing a no deal. The TUC would never allow it.

If I had to guess, Corbyn comes to the rescue at a late stage,
Labour will want to inflict maximum political pain first.
It's all part of their longer term strategy - slowly erode confidence
in the Tory brand.

Labour can then spin it as ..we had no choice but to back this dreadful
deal to avoid a cliffedge, in that way the Tory party still own any consequences.

[edmundshaw] 10/12/2018 17:42

Is TM shorting the FTSE? First a terrible vote we had to wait a week and a half for, then "postponed" at the eleventh hour. What the hell is she playing at? Maximum chaos rules...

[action] 10/12/2018 15:56

Standard Life or Legal and general both same price more or less. Not sure about PE though.

[cyberian] 07/12/2018 23:29

Wunderbar and spcecks..you have both cheered me up no end...sense SLA is more undervalued than ever, and with Indian stakes being built-up further, huge cost savings introduced, and Phoenix 19% holding and management of assets link, plus the £600 million plus of cash for more buy-ins, the remainder of the company value is in for peanuts. Challenging times ahead but cash has to find a home that can provide a decent return....again can't wait for new Chairman which I believe will add much needed comfort etc. Also see tonight on BBC Newsnight that Lord Maurice Saatchi has an idea to be set out in the Lords on Monday which could unite the UK behind a new approach on Brexit...well not really new but it appeals to me as the country will remain divided and too grumpy for its own good if we continue along the lines being pursued by all factions at present...nobody can agree and we will ALL be worse off under the current alternatives. Life can get back on a more even keel and Britain can flourish and offer leadership as it has demonstrated over many years. I have been quite impressed with 80% of the MP's in the Brexit debate from all sides (maybe a bit less by the SNP), and sense Parliament can regain its composure and value more collectively than recently...mind you Labour need to dump Corbyn...their Party has better potential leaders...just my opinion.

[spcecks] 07/12/2018 18:28

Have also been adding to my holding from 290 to 240 but intend holding long term and collecting dividend.....this will turn in or favour and we will all be saying wish I had bought more at this price here's hoping.

[wunderbar] 07/12/2018 17:19

Cyberian, I wouldn't beat yourself up too much, I think if you hold this long term you'll consider 261p a fantastic price, well that's my approach anyway - I've been buying into SLA between 239 & 285p. I can certainly see why many investors are frustrated with this stock as it just isn't gaining any traction at moment - noting ftse up 90 points yet share price down 2p, safe to say SLA is presently unloved but testing times are usually good time to buy into such stocks - as I've also done with BATS and IMB [tobacco sector massively out of favour].

What I find amazing about SLA is the market has pushed the share price down to a level which has almost wiped out the added value of recent merger, in other words it's getting close to the point where it considers one of the company's as worthless! [this scenario reminds me of Hikma Pharmaceuticals earlier this year - market pushed stock down to ludicrously low levels literally valuing Hikma's multi billion dollar acquisitions as worthless then with the share price at a nadir market sentiment changed overnight and share price doubled within a few months]. I guess it's just a case of sit tight and wait for sentiment to turn.

[tornado12] 07/12/2018 17:18

I agree with a lot of the posts that the SL is not on investor Radar for share price growth without some positive news from the business. The SBB is making no real impact even compared to peers. I’ve said previously I’m in for the long term investment and income. The only dilemma I face is whether I top up here or in other favoured stocks. Never a simple decision

[cyberian] 07/12/2018 14:32

EI...I agree but that is why I expect rather than hope that the new Chairman will enforce some changes for the better. I must admit and confess that I added sadly at 261p last Friday, and nearly tempted to take a loss, but hopefully much is already in the share price currently, and generally expect the mayhem in France,US relations with China over trade,Russia, and Brexit to be a bit of a temporary concern (fingers crossed) as life goes on...adjustments made, and ones cash has to find a home...equities still have selective value....I see the SLA India company and Phoenix are doing OK. Anyway, roll on the arrival of the new Chairman...I say. Finally, all the negative news/shocks/surprises have already been priced in, so maybe we may get a slight surprise on the positive side, and thereby favourably influence share price reaction.

[essentialinvestor] 07/12/2018 14:15

Perhaps fair to question the extraordinary amounts of money the joint CEO's
are paid - we are talking lottery win type renumeration when bonuses
are included.

For what results exactly? ..

[cyberian] 07/12/2018 14:11

SLA really unloved and difficult to foresee any change in direction over the near term...the share is just not on the radar for many serious investor. Difficult perhaps to understand this stand-off, but with over £600 million still in the buy-in kitty then GS have an easy task ahead. It is a shame that the company has no ability to make any comment other than the 2 CEO's buying 150,000 shares each at close to 270p. The new Chairman may have some interesting input early next year....in the meantime we are truly out of favour, despite lead Brokers remaining positive with share price targets well ahead of the current share price Obviously with the buy-ins and lower share price the Dividend yield factor will continue to roar ahead.

[beaubleep] 07/12/2018 09:30

Good try MCunliffe1 but I think they have that covered.

13.6 The maximum credit balance on which you can earn the interest will be your total yearly cost based on your specific EAC and AQ. Maximum domestic AQ is 73,200 KWH of gas and unrestricted for power.
13.6 You must not make payments into your account just to receive the interest. If we think you're doing this, we may withdraw the offer and refund your credit balance to you.

[mcunliffe1] 07/12/2018 00:11

Why the fixation on yield?

Eversmart, the small energy company is offering 1% per month on credit balances. Stick £10k in theor energy account (you'll need to become a customer on their energy tarif) and top it up each month. You'll get an effective 12% yield and your capital is secure (upto £80k ish I presume).

I fail to see the excitement in a stock that paid in the past a divi that on today's share price appears to be 10%+ yield. They may pay NO divi. next time (end of May 2019) or, they may pay a smaller divi. Who knows?

What appears to be obvious at the moment is the lack of support for the share price itself.

The other week I was emailed by SLA an invited to review my pension on their website. It was a waste of my time.

Last week they emailed me to seek my opinions of their website. I clicked on their link only to be informed that the "server could not be found". This persisted for several days. I contacted them and they've opened an official complaint.

They've noted that their website displays misleading and incomplete data. They have no print function. This from an "investment behemoth"?

THAT'S why they are unloved. They really cannot hack-it with the professionals.

[rathlindri] 06/12/2018 23:40

What a mess

[cyberian] 06/12/2018 20:04

Further to comment on Hugh Young the key man for Equity trading/investment based in Asia and responsible for a number of other global regions I see his 3 year yield has been 33.3%. A few other colleagues have had similar success...Young is very well respected (a bit over-weight), but quite an operator in his field.