Last day of trading Bye Bye Aberdeen Asset Management; Hello Standard Life Aberdeen
Re: NEW ARTICLE: Is Aberdeen Asset prime... HardboyThanks for the response.Guess I will follow my normal philosophy and do nothing. The combined business seems like it can pay out 5% plus in dividends with growth possible from savings and cross sellingDeep
NEW ARTICLE: Is this a smarter tactic to finding a fund that outperforms? "Building brand awareness is a winning formula in many industries, as it tends to result in repeat sales, and the fund management industry is no exception.Behemoths such as Invesco Perpetual and M&G have dominated in terms of fund sales over the ..."[link]
Re: NEW ARTICLE: Is Aberdeen Asset prime... Any theory would be guesswork, but it strikes me that the combined group must be worth more than the sum of its parts; and I have been surprised that since the merger was announced, the share price has not reacted very much at all. As the merger is approaching I think markets are waking up to the idea and realising both entities should be worth a bit more.
Re: NEW ARTICLE: Is Aberdeen Asset prime... HardboyTotally agree with your comments.Does beg the question - why the 15% increase in SP since the beginning of 2017? Any thoughts welcome.deep
Re: NEW ARTICLE: Is Aberdeen Asset primed fo... Well that shows the idiocy of pure technical analysis without any understanding of what is actually happening with the business. He's basing his whole future predictions on the share price movements. The fact that it is merging in 2 months times and so will be a different business never gets a mention.
NEW ARTICLE: Is Aberdeen Asset primed for 'rapid acceleration'? "Aberdeen Asset Management (LSE:ADN)One of the great pleasures of long daylight in Scotland comes from two purple lights in a box. Evenings are punctuated with sharp "cracks" when midges immolate themselves.We fear rather a few investors face a ..."[link]
NEW ARTICLE: Trends and Targets for 6/06/2017 " Aberdeen Asset Management (LSE:ADN) One of the great pleasures of long daylight in Scotland comes from two purple lights in a box. Evenings are punctuated with sharp "cracks" when midges immolate themselves. We fear rather a few investors ..."[link]
Re: Job losses from Aberdeen Asset and S... Should be no worse than looking for a job in a post Brexit bankrupt UK.Deep
Re: Job losses from Aberdeen Asset and Stand... It will always happen with a big merger like this - one of the attractions being savings of overhead services; but for the major part I am sure there will be a large proportion which are voluntary; and the terms will be generous.Mind you, looking for a job in an independent bankrupt Scotland may not be much fun.
Job losses from Aberdeen Asset and Standard Life deal About 800 jobs are to be cut in a planned merger of two of Scotland's biggest financial companies:-[link]
Re: Timetable This a dog, will we see any in these after 11 August? I'm losing 30pc on these I live in hope the outfit will change this.
Timetable Key Dates:"Event Time and/or date(1)Aberdeen Court Meeting 1.00 p.m. on 19 June 2017Aberdeen General Meeting 1.05 p.m. on 19 June 2017(5)Standard Life General Meeting 2.00 p.m. on 19 June 2017Aberdeen Court Hearing to sanction the Scheme 11 August 2017(6)(7)Last day of dealings in, and for registration of transfers of, and disablement in CREST of, Aberdeen Ordinary Shares 11 August 2017 (6)Suspension of listing of, and dealings in, Aberdeen Ordinary Shares 5.00 p.m. on 11 August 2017(6)Scheme Record Time 6.00 p.m. on 11 August 2017(6)Effective Date 14 August 2017(6)Admission and commencement of dealings in New Shares on the London Stock Exchange by 8.00 a.m. on 14 August 2017Issue of New Shares and crediting of New Shares soon after to CREST accounts as soon as possible after 8.00 a.m. on 14 August 2017 (6)Delisting of Aberdeen Ordinary Shares 14 August 2017 (6)"
A less bad than last time report Looks to me as if the only upside in this report is that a few investors are believing the story coming from the Trump administration that he will "Make America Great Again".
Re: Fat cats keeping noses in the Unfortunately the five year charts don't look good for quite a number of well known shares - take a look at big oil, resources, energy, tesco et al.Human nature dictates that an owner of these shares five years ago seeing the SP halve in price will be unlikely to benefit from the inevitable recovery, either selling at a loss or recovering losses for a long period of time. The hardest concept for me is selling a share when it is on a downward trend, particularly if it is showing an increasing book loss. I saw Aberdeen as a recovery opportunity but bought in for the first time a few months ago. Long term holders will be looking at this share the same way I view Royal Mail.I am looking for £3 in the near future and we have already been there. Iff you are looking for £5 twill be a long wait.