Standard Life Aberdeen Share Discussion Threads

[chinese investor] 27/9/2019 08:36

More than two weeks !

Chinese Investor (SLA) 21 Aug '19 - 08:39
80p to go to 320p !

[farrermike08] 26/9/2019 16:06

You said that 2 weeks ago 😀

[chinese investor] 26/9/2019 08:22

No Stopping Until 320p !

[cmackay] 24/9/2019 20:49

Well hopefully sla is far from down and out moving forward!

[fionascott1234] 24/9/2019 17:12

Yes, you're right to pick me up on my language. Maybe I should have suggested a collar /tie and a Gillette was in order.Gilbert is NO fool though as most self-made millionaires are.

[mcunliffe1] 24/9/2019 16:56

Pierre,
following your accusation of me and one other (unknown person) calling you a liar I re-read every one of my posts since my first appearance on here. Nowhere have I called you a liar and I'd welcome you posting your proof of such.

What I did state way back in August 2018 was:

MCunliffe1 - 11 Aug 2018 - 09:37:52 - 648 of 2099 Standard Life SLA - SLA
timmy11, thank you for correcting me. I'd used an "average" figure from a portfolio I have; eyesight issues. It should read £3.27 (approx.) at Friday close, 10th August.
I therefore predict little change at about £3.20 - £3.35 by mid-end November after completion of the buy-back.


How optimistic I was.

[pierre oreilly] 24/9/2019 16:13

His Rhinophyma doesn't help his image, and will get rapidly worse as time goes on if my (teatotal) mate's experience is anything to go by. Thanks for the video Fiona, first time i've seen him. He seems impressive to me in the substantive issues.

[meijiman] 24/9/2019 15:50

someone who likes a wee dram or 50

[cmackay] 24/9/2019 15:00

Fiona, I read your comment and thought to myself "that's a bit hyperbolic" and thought how I would mention that I minister to people living rough or vulnerably housed. But then I watched the video and decided to let it slide. Talk about whiskey glow!

[fionascott1234] 24/9/2019 14:35

Worth seeing our main man Gilbert being interviewed at the Singapore bash and saying SLA is well prepared for a no-deal Brexit. HE SERIOUSLY GIVES THE IMPRESSION OF A DOWN-AND-OUT.https://www.cnbc.com/2019/09/23/aberdeen-asset-management-industry-is-prepared-for-a-hard-brexit.html

[pierre oreilly] 24/9/2019 10:34

mcun, yes, and i remember you and a n other who i forget calling me a liar for stating facts about myself which i won't repeat again. So your view is we should ll hold differing views and remain convivial (and i agree) but you'll throw out the odd 'liar' accusation when it suits. (which i disagree with).

[mcunliffe1] 24/9/2019 10:02

Pierre,
It is indeed my right to be depressed - I appreciate your tolerance. I have considered selling-up and moving on with the shares. The question is, in this torpid market where to invest. The "income flow" is reasonable - but is greatly offset by the fall in the share price.
With regard to the SLA products I hold - three policies carry 4% growth guarantees (for a further 13 years for me) and I'd be stupid to give those up in these troubled times. Having said that, these With Profit policies suffer six monthly reductions in their terminal bonuses so in some respects that 4% is being paid, in part, by my reduced t.b.
The other products (managed, UK equity and UK smaller companies) move with the market (generally) but tend to increase over time - but not by any exciting amount.


Pierre, I remember a year or two back jousting with you on this thread particularly about share buy-back and your belief in it's benefit. I also recall your readiness to become personal in your comments. I hope we can all agree to hold differing views and perhaps explain in a positive way why such views are indeed held.

I thought about my comment that I posted earlier this morning (2088 at 8:41) whilst in the shower. I think SLA are not promoting their own products/presence enough. Forty years ago when I bought my With Profit endowments (to protect my interest only mortgage payments) and my pension products (when I became a sole trader) the Standard was heavily promoted by - The Halifax Building Society. That was Europe's largest Building Society and they sold S.L. policies exclusively.

I further thought, if SLA undertook a survey of a couple of thousand university leavers - 21-24 year olds - how many would know who SLA is, what they do, what products they sell? I suspect very few.

That's one of my "whinges" about SLA - they do not promote themselves.

[meijiman] 24/9/2019 09:46

Got to be amused by some shareholders ...happy to buy the shares but thinks the products sold are rubbish.

[joshuam] 24/9/2019 09:10

Agree MC, we need some sparkle. Hoping to make up a small deficit, happy to hang on long term

[pierre oreilly] 24/9/2019 09:00

Mcun, while it's your right to be as depressed and negative as possible and constantly seek out the very worse as possible interpretation of any situation SLA finds itself in, it seems odd to me that you just don't sell up and move on to a company you do see some virtues in, if any.It's the same with the sla products you hold. Constantly whining about their poor performance, seemingly unable to dump them and move on to other providers you view as more successful.Is there some reason you can't sell the shares and transfer their products?I'm happy to hold their shares because their price is secondary to their income flow to me. As to their products, I wouldn't touch any finance company products, they are always a terrible investment.

[mcunliffe1] 24/9/2019 08:41

If you look at the share price graph from August 19th joshuam. Look at the graph dated mid. 2016 and we are at about the same level ie. a low point. This share seems to move with the market INSPITE of the millions bein spent buying their own shares. One assumes that with less shares in the market the divi per share would be greater than in the past. It isn't.

It's the same as last year so with inflation it's actually less. The 4.2% increase in the interim divi from 2017 to 2018 was, I beieve unaffected by the buy-back.

So, once the buy-back finishes I suspect the share will languish as indeed the general performance of the company has recently.

There's something uninspiring, boring about SLA. It needs some sparkle - it needs some direction.

[joshuam] 24/9/2019 07:53

Nice divi today and we are heading in the right direction

[mcunliffe1] 23/9/2019 09:58

This buy-back is having minimal effect. 320p Chinese Investor? In your dreams. I must applaud your confidence though.

[mcunliffe1] 17/9/2019 14:51

I think a main artery has been opened Fiona.
The tourniquet of the share buy-back has been applied to the wrong limb in my view. Around the management’s necks would prove more fruitful in my opinion.

[fionascott1234] 17/9/2019 10:51

Well at the time of writing and SLA down 7.1p that's just about the interim dividend down the tube so it's a steady bleed for a wee while......

[chinese investor] 13/9/2019 16:22

No stopping until 320p !

[2wild] 12/9/2019 06:14

SP rose during the run up to Final ex dividend date from 232p to 283p, 2 days before ex div date. Fell to 260 morning of ex div day and rose to 309p post payment.
Still tanking before August interim ex div date as market was still digesting just how bad the interim figures were.
Also some general market weakness and buybacks paused at the time.

[fionascott1234] 11/9/2019 08:38

It's quite normal for the share price to rise just before the dividend payment. At least it was until just before the last final divi when it most definitely bucked the trend. Bad news for those investing through SCRIP though.So for everyone else, let us enjoy it while we can.

[chinese investor] 11/9/2019 08:32

All Good !