videodawn
05 Mar 2017
Re: Aberdeen in bed with Standard Life? Gilbert's retirement plan IMO
fortycentsworth
04 Mar 2017
Re: Aberdeen in bed with Standard Life? With Aberdeen now openly 'up for sale' 40 very much doubts there will not be a better offer from another party and nought less than £3.25 per share. The markets are rolling and the merger is timely but not good value for Aberdeen holders. Might even be some kinda trick to bring in a decent offer for Aberdeen. 40.
nk1999
04 Mar 2017
Re: Aberdeen in bed with Standard Life? Good find. Now confirmed by Std Life. But not really happy with this "Nil premium" as the ration of 0.757 Std Life to 1 Aberdeen is exactly in the ratio of closing SP on Friday.Extract:"Standard Life is in late-stage discussions to acquire Aberdeen Asset Management in an all-stock deal that would create the UK’s largest money manager with £660bn of assets and be worth around £11bn. The companies confirmed the talks on Saturday evening in a joint statement that said a deal would “leverage Standard Life and Aberdeen’s combined strengths to create a world class investment company”.They added that Standard Life would own 66.7 per cent of the combined group, while Aberdeen would owning the remaining one-third. Under the terms of the deal, Aberdeen shareholders would receive 0.757 new shares in Standard Life.Martin Gilbert, who co-founded Aberdeen in 1983 and remains its chief executive, and Keith Skeoch, who became chief executive of Standard Life in 2015, would become co-chief executives of the new business. Mr Gilbert has been searching for a merger partner for months as Aberdeen’s business is disproportionately exposed to emerging markets and his company’s funds have been plagued by investor withdrawals...... ".
5haggy
04 Mar 2017
Aberdeen in bed with Standard Life? From todays FT:"The two Scottish companies have been exploring a number of options including a full-merger in recent weeks, according to two people familiar with the matter, who warned that there was no guarantee a deal would be reached. The unexpected leak may end up derailing any potential talks and both companies are understood to be holding emergency meetings over the weekend to deal with the fallout."[link]
sound money
28 Feb 2017
No Joke-Outperforming Just gone through the two moving averages and now outperforming since early October.$12 billion into EM in January, a lot of course into ETF's but inflows may becoming back.A hold at least.M
Fence Ducker
22 Feb 2017
Re: NEW ARTICLE: Trends and Targets for 22/0... This company needs to get taken over, and quickly..!!
II Editor
21 Feb 2017
NEW ARTICLE: Trends and Targets for 22/02/2017 " ABERDEEN ASSET MANAGEMENT (LSE:ADN) This continues our ISA candidate analysis (link to our prior ADN analysis) but there's something perhaps remembering with Scottish focussed companies. While south of the border, the media (sometimes) ..."[link]
Hardboy
09 Feb 2017
Re: FT Speculation Makes you wonder why they had a short open if they thought like that.
sound money
08 Feb 2017
FT Speculation "Aberdeen Asset Management gained 0.9 per cent to 253.1p after RBC Capital Markets advised closing short positions.It cited “an oversold share price, a reasonable valuation, a high dividend yield, stabilising revenue margin, well controlled cost base and the real possibility of M&A”.Aberdeen “could be attractive for suitors looking to expand and/or to build an emerging markets equity franchise, especially given Aberdeen’s share price correction, valuation and the weak sterling”, said RBC. “Further, accretive, transformational M&A is also possible.”
rhino666
02 Dec 2016
Re: Added today I bought in here too when this took a big hit a few days ago.Ever the contrarian investor and aware of the ex-div date of 8th December - 12p.Always a downside risk with exposure to out of favour EM but has take a big hit and resisted market falls over the last few days.Unlikely to be a boring investment given share price and market volatility.
Omaha man
02 Dec 2016
Added today The dividend has been held and with significant cash resources I think is likely to continue to be sustained, so the yield is now back above 7%. AUM may be falling but at some stage people will want to get back into emerging markets and that should turn around. The alternative is that the business will be taken out, this is an industry which is in a perpetual state of flux with takeovers. The current valuation of ~1% of AUM would allow a useful premium to be paid whilst still making a lot of financial sense for the acquirer. We could easily drop further, especially if markets remain under pressure, but I'm reasonably confident that in the longer term I will make money from here and be paid well to wait on that eventuality.
II Editor
28 Nov 2016
NEW ARTICLE: Is Aberdeen Asset bid target after profit plunge? " Before the American presidential election, emerging markets (EM) had returned to favour following a near-fatal swing in sentiment. But protectionist policies espoused by the future leader of the free world have thrown the recovery on the rocks, ..."[link]
soi
28 Nov 2016
Re: Martin Gilbert HiInteresting.He`s just been talking after their Final Results release.Not good results but he comes across as very relaxed and confident in the longer term.Straight talker.ATBsoi
shabby 2 sox
12 Oct 2016
Re: Martin Gilbert No. 22 in Harvard Business Review's 'The Best-Performing CEOs in the World'No 1 LARS REBIEN SØRENSEN, NOVO NORDISKNo 2 JOHN CHAMBERS, CISCO SYSTEMSNo 5 Martin Sorrell WPPReminds me of ICI's John Harvey Jone
Hardboy
29 Sep 2016
Re: So why sell note issued ? "Although aware of the notes, I pay little heed to them"Nor me, soi, though it is sometimes informative to read the commentary that goes with it; and sadly, although these brokers often don't really know what they are talking about, the market DOES take heed of them.
