Standard Life Aberdeen Share Discussion Threads

[my retirement fund] 17/12/2018 09:39

The consequence for short and medium term no deal brexit is a wealth reduction for the masses. A further fall in the currency will be painful for everyone.

Other than the above, eg. what we already know I wonder what predictions he means? Does he mean huge lines of lorries at the ports with rotting produce, shortage of drugs in hospitals etc ? Certainly a few aspects of those predictions will come to pass but would be unlikely to be the end of the world and on the whole that would be a side show to the middle class wealth reduction along with everything that goes with it including some having to work longer hours, higher interest rates, negative equity, ongoing consumer inflation etc.

You'll probably also see a return to rioting too since a decline in living standards over such a long protracted period will certainly breed discontent among many of us.

[mcunliffe1] 17/12/2018 08:52

Leaving without a deal will likely cause the pound to fall (again). That's good news for exporters and large multi-nationals based in the UK earning most of their income in foreign currencies. BP, Shell are two obvious choices. Their Sterling dividends will be increased on the back of that and hence their share price will rise.

The pound being able to move freely with the markets will ultimately save us from the dire predictions we're constantly hearing about a "no-deal" future.

[essentialinvestor] 16/12/2018 13:01

Leaving the politics aside, if we leave without a deal
would expect the wider UKX to be well south of current levels.
If that's what you think will happen, might be worth keeping some cash aside.

[mcunliffe1] 16/12/2018 12:51

wllm, somebody has voted down your post and mine. I guess the (unknown) person is a remainer? :-) :-)

[wllmherk] 15/12/2018 23:49

signed it too,

wllm

[mcunliffe1] 15/12/2018 13:23

Signed it. Thanks wilksey1.

David Davies made a very valid point on the radio this past week. He said, when you move house you don't tell the seller of the house that you intend to buy you'll pay "any price" as you love the house so much. You have to be able to walk-away if the deal isn't right.

Felixstowe currently handles a massive volume of goods arriving (and departing) from countries outside the E.U. This is achieved by documentation arriving BEFORE the goods. If we leave without a deal 100% of such trade will follow what is already a majority route.

It took the EU ambassadors less than one hour to sign-off May's proposed deal - that tells me they perceive the deal to be in their interests. That also tells me it's not in our interests.

May herself said, two years ago........"No Deal is Better Than a Bad Deal".

Hear, Hear I say.

[wilksey1] 15/12/2018 11:46

copied from k38
for a clean brexit..

[nico9] 15/12/2018 11:26

Im happy with my entry price this week especially on the back of recent buys from Directors.
In for the longer term now so wont worry too much about little drops here and there. Just hope that they dont feel the need to drop the dividend by much if at all.
With the Share buy back taking place you would hope that it might even increase the Divi.
If the Divi stays the same I am just shy of 9% yield which I cant grumble about but would obviously like a little bit more than that being greedy, ( and a demanding Mrs)lol

[cyberian] 15/12/2018 00:06

stun12..I agree...must be a typo but showing 244p target on every feed one takes a look at...so it appears to have been translated or given/taken-up by every Institution reporting the GS detail. It is unbelievable that the error has been allowed to continue and not be corrected...is everyone so stupid or lazy.

[stun12] 14/12/2018 18:40

I read that as a 345p target. 244p may have been the price at which GS first put out its buy recommendation.

[edmundshaw] 14/12/2018 17:08

So according to GS I should buy these and then sell them at... the same price. D'oh! Does someone get paid for these recommendations and targets??

[samwn1] 14/12/2018 15:19

Only 105 to go!

[pal44] 14/12/2018 15:10

Q for Chinese Investor shall we see this at 350p feb 2019 ?

[skinny] 14/12/2018 12:33

Swines!

14 Dec 2018 Goldman Sachs Buy 243.35 345.00 244.00 Unchanged

[skinny] 14/12/2018 12:29

I had a small S/B on these @222.37 on Tuesday, which finally seems to be paying off.

Now for the others I hold in the sector 🙄

[rcturner2] 13/12/2018 19:04

It is possible that there has been a large seller who has now been cleared by the buy back of shares.

[vauch] 13/12/2018 13:10

When will it be back to £4.00

[chinese investor] 13/12/2018 13:07

Imminent !

Chinese Investor (SLA) 12 Dec '18 - 09:08
250p Soon !

[stun12] 13/12/2018 11:37

samwn1 - Quite, it's a fixed amount of money SLA has available to spend on the buyback, not a number of shares, so lower prices will enable more shares to be cancelled, supporting the EPS and dividend more in the future.

[samwn1] 13/12/2018 10:50

orinocor - why is the share buy back badly timed? I'm not a fan of SBBs but I'd have thought we'd benefit by (a) the share price being supported(!) and (b) even more shares bought and cancelled, improving future earnings per share.

[mcunliffe1] 13/12/2018 10:11

If the optimism on this board were translated to Brexit issues we'd be out of Europe with a deal of a lifetime, deals with Japan, China and the USA and Merkel desperate to visit London and meet with May - who is now supported by the DUP, Sinn Fein AND the SNP, Plaid Cymru having merged with the Tories.

Dead cat bounce rings a bell Nick.

[nick rubens] 13/12/2018 09:32

Is this share buy back potentially distorting the market price? What price would the shares be if SLA were not buying them?

Anyway it's on it's second day rise now and I might start panicking that it's turning without me owning any yet. lol

[meijiman] 13/12/2018 09:30

They are proving to be clueless. New Chairman can't arrive soon enough to sort this out.