Standard Life Aberdeen Share Discussion Threads

[mcunliffe1] 11/10/2019 12:47

Probably the raised hope of a Brexit deal now Varadkar has seen the potential disaster Eire might expect with a no-deal exit. It'll all go pear-shaped again when those eejits in the commons once again thwart the exit.

[chinese investor] 11/10/2019 12:18

"17 to get to 300"

(c) Chinese Investor

[chinese investor] 11/10/2019 09:43

samwn1,
It's a ADVFN bug !

[spud] 10/10/2019 12:51

Fire hazard..

spud

[samwn1] 10/10/2019 11:36

Where have all the candles gone?

[chinese investor] 10/10/2019 09:28

Lost its direction since I stopped ramping !

Ramping Works !

[fionascott1234] 06/10/2019 16:20

It took around 10 days for the market to understand what taking on Aberdeen was all about and it was downhill from then on. Aberdeen was on its uppers and all-in-all it makes you wonder where SL. would have been without the value of the Indian operations.

[mcunliffe1] 06/10/2019 15:51

Michael Glackin's on the same page as me I think Fiona.

"Only paying me 80%". At least his math is accurate. He's only (working) a four day week. I use the term "working" cautiously of course.

The reality is, with tax such that it is, he be getting more per day for four days than for five in real terms.

Will we notice the loss?

[fionascott1234] 06/10/2019 13:53

FROM THE SUNDAY TIMES - MICHAEL GLACKIN's SCOTTISH SCENE ARTICLE.Headline = #Gilbert's legacy shouldn't be tarnished by troubles of Standard Life Aberdeen - #So farewell then Martin Gilbert, the buccaneering financier whose four decades in business had more ups and downs than Aberdeen's Looping Star rollercoaster.Gilbert typically came out slugging when I spoke to him last week and mentioned criticism of the pay package he will receive for the effectively non-executive roll he will have with SLA as he eases into his fund management dotage. Gilbert will be spending the next 12 months working a 4 day week at SLA. In return he will be paid the vast majority of his £600k as well as enjoying continued accumulation of bonuses. A pretty good deal considering he will be shorn of any executive responsibility in terms of management and will be free to take other jobs.*But they are only paying me 80% of my salary* Gilbert insisted. Fair enough though he will hardly have to apply for income support, particularly with the bonus accrual. *It's entirely up to the remuneration committee* he told me. *They might give me zero bonus, so I'm not counting on it*AYE RIGHT!!! SO THEY WILLNAE!!!So what is Gilbert's legacy?His lowest point clearly came in 2002 when he was hauled before Parliament's Treasury select committee and called a, *sophisticated snake oil salesmen* amid the infamous split-cap investment trust scandal. More than 50,000 savers lost about £700m from risky investments his business specialised in and Aberdeen sunk to a penny share.AND HE NEVER NEEDED TO BUY A LOTTERY TICKET!!!

[mcunliffe1] 03/10/2019 23:10

You mean Gilbert?
Or those souls thrown a lifebelt in the form of the Share Buyback?

[lippy4] 03/10/2019 22:46

good for the leavers of the company jumping ship to another big pay off...

[mcunliffe1] 03/10/2019 22:40

So, C.I. - not "All Good" :-)

[chinese investor] 03/10/2019 09:10

Weak Market !

[rathlindri] 02/10/2019 17:33

Gone fishing....

[spud] 02/10/2019 16:34

Oh err Matron....

spud

[fionascott1234] 02/10/2019 16:02

I shiver to think about the size of his golden goodbye envelope.

[spud] 02/10/2019 07:19

Standard Life Aberdeen plc Directorate Change

Source: UK Regulatory (RNS & others)
TIDMSLA

RNS Number : 4258O

Standard Life Aberdeen plc

02 October 2019

Standard Life Aberdeen plc

Directorate change

Standard Life Aberdeen plc ('the Company') announces the following change to its Board of Directors (the 'Board').

After an outstanding career with both the Company and earlier with Aberdeen Asset Management, Martin Gilbert has advised that he will not seek re-election at the Company's Annual General Meeting, scheduled for 12 May 2020, and with the Board's agreement he will retire from the Company on 30 September 2020.

Between the date of this announcement and that time, Martin will continue to focus on strengthening the group's relationships with clients, winning new business for the group and realising the potential from our global network and capabilities. Progressively, Martin will transition his client and key regulatory relationships to executive colleagues and certain key public policy, industry body relationships to the Chairman. As part of this transition, those senior executives currently reporting directly to Martin will move their reporting lines under a revised structure.

Sir Douglas Flint, Chairman, said: "It is impossible to overstate Martin's achievement in building Aberdeen Asset Management into a truly global and widely respected investment firm. His ability to attract talent to deliver that success and his unrelenting commitment to the firm's clients leave a legacy of which he should be immensely proud and which serves as a solid foundation for our future success. His foresight to see the opportunities that led to the combination that created Standard Life Aberdeen and his tireless efforts to realise these opportunities post-merger are hugely valued by all his colleagues who now take up the responsibility to deliver on them.

On behalf of the Board and fellow shareholders, I would like to thank Martin for his dedicated service and contributions to Standard Life Aberdeen, particularly as it came together after our merger in August 2017".

Martin Gilbert, said: "It has been an incredible journey, almost unimaginable from the earliest days when we were just three people in one office in Aberdeen with GBP50 million under management to today's total in excess of GBP500 billion. For more than 30 years, I have been fortunate to have worked with brilliant people all across the Company, and I would like to take this opportunity to thank all my colleagues - past and present - who have supported me on this journey. I will leave the Company in extremely good hands, and well positioned for further growth and prosperity. I am very proud of our achievements over the past three decades, but I still have a great enthusiasm for growing and guiding businesses and I am looking forward to fresh challenges in the next stage of my career. Nevertheless, Standard Life Aberdeen will always be close to my heart, and I wish everyone associated with the Company all the very best for the future."

spud

[andyadvfn1] 01/10/2019 20:37

Almost everything went south at 3pmBad US PMI numbers caused a sell off

[cmackay] 01/10/2019 20:35

FTSE 100 dropped at that time, have been out all day so don't know why.

[rathlindri] 01/10/2019 20:32

Why the fall at 15.00 today?

[spud] 27/9/2019 11:53

Maybe by then, the Company may have got its sh1t together and can do without the trainer wheels...

spud

[mcunliffe1] 27/9/2019 11:23

Followed by a drop to £2.40 Chinese :-)

Your supreme optimism is perhaps balanced by my pessimism. Meanwhile, shed-loads of money is being spent to mop-up SLA shares. What happens when that stops I ask?

[chinese investor] 27/9/2019 11:14

£3.20 because a quick look at the graphs suggests there will be a rise to £3.20 and then there will be a pause.

[spud] 27/9/2019 11:06

And he/she will continue! But why £3.20?

spud