weblogic
25 Jul 2016
Re: It can only get better ... Unless I`ve got this wrong ADN is not a major Asia player.In fact it is mainly based in UK & EU investments, with a 25% US holdings and maybe 20% in Asia just now.We`ll see how they are performing in the coming months, but if our local economies dip then it could leave folk under a cloud, post BREXIT.I`m hoping that Mrs May will refrain from pulling the EXIT trigger until after the French & German elections next year, and certainly after the US elections. If Trump gets elected there could be fireworks ahead. He`s pledged to make the US great again.. whatever that means. And hes talked of renegotiating bad trade deals. Will the UK still be a `special friend`..?
NumberONE
25 Jul 2016
Re: It can only get better ... A lot of commentary on the AuM today .... general theme seems to be ADN is either going to :1) turn around on the Asia 'core' strengths and stem outflows;2. buy other assets to counter the out flows and diversify further or3) going to be taken over by a larger asset manager.Prefer 1 myself but other options are not too disagreeable either
Omaha man
25 Jul 2016
Re: It can only get better ... also remember the average trade deal takes 10 years to negotiate. If we really rush at it we may get one through in 5.I'm happy with the AUM statement; it shows broadly what I think we could have expected.
NumberONE
25 Jul 2016
Re: It can only get better ... Hardboy - I hear you on the China free trade deal vs timing of BREXIT ... but it looks like the wheels are already in motion given Hammond's press comments ... it's the 'intent' that going to support ADN's price going forward and reading today's update "£17.5 billion of asset appreciation" ... there is obviously something the company is doing right ... this will additionally lend support ... let see where we are in 3 months time ....
Hardboy
25 Jul 2016
Re: It can only get better ... "if free trade China deal is initiated"As the rules stand the UK can't negotiate any trade deal with any country till they have left the EU. If Trump becomes president it sounds as if he is likely to scupper all international trade deals
NumberONE
25 Jul 2016
It can only get better ... Results saw outflows but largely due to building sale and one institutional investors change of strategy .... can only get better from here on .... if free trade China deal is initiated then this is a no brainer .... I see a whole load of stops got triggered this morning
NumberONE
19 Jul 2016
How Aberdeen Asset Management Got Brexit Right Missed this on the 24 Jun ...[link] think people were also short on ADN coming into BREXIT ... they're getting squeezed now
NumberONE
18 Jul 2016
Re: ADN - Too cheap .... It's a relative USD vs GBP play ... in GBP terms this one should outperform .... or possibly even get taken out by overseas asset manager. I know management have been saying they want to remain independent but everything has price and the relative GBP weakness against other currencies mean others are probably running a slide ruler over this one ... well it's already started with ARM today ...
sound money
18 Jul 2016
Re: ADN - Too cheap .... Couldn't agree more. Bought in at £2.50. A great recovery play on emerging markets. Think they will hold the divi. Real value here.M
NumberONE
18 Jul 2016
ADN - Too cheap .... Given what's happening with BREXIT and Europe ... and the growing evidence that China growth is not about to implode ..... this one is too cheap ... slow climb up will do just fine ....
soi
28 Jun 2016
Re: Could be good for ADN HiI agree.Investors and traders looking for opportunities away from the UK & EZ.I bought back in yesterday and whilst I have sliced some off today on the recovery retain a holding which I will hopefully keep for long term.ATBsoi
Omaha man
28 Jun 2016
Re: Could be good for ADN Further to your point about ADN benefits, all those assets invested in emerging markets are suddenly worth a lot more in sterling terms so their AUM and revenues will look correspondingly positive on the next report. I am staying put as I think in the longer term this either recovers or gets taken out - and going back to the sterling weakness, the cost of buying it has just shrunk significantly for an American player.
Hardboy
27 Jun 2016
Could be good for ADN With markets in turmoil, then all financial institutions (except pawn brokers incidentally) are unsurprisingly under he cosh. But this could help ADN's business.Pension Funds, Charities, Fund Managers, Insurance Companies have to invest their money somewhere. When it comes to geographical areas the world seems to be split into US, Europe, the UK, Japan, and Emerging Markets. (Bit of a generalisation.) But if 2 of those - Euro & UK are to be avoided for the foreseeable future, that should mean greater investment in the other areas; and Aberdeen should benefit from that.
Eraserhead_101
24 Jun 2016
Re: ADN share buy You made a good call in the end. I sold half my Aberdeen shares & all my LLOYDS shares before the markets closed yesterday and sitting on a reasonable loss on my remaining Aberdeen around 10% but will hold.Bought into Lloyds shares this morning as it seems like a no brainer. TBH it is the only share I like in BREXIT scenario as other banks I will stay clear of. The markets haven't reacted as bad as I thought they would. Although 8-9am was bloody scary.
soi
23 Jun 2016
Re: ADN share buy "You will regret if we remain in EU on Friday but will count your lucky stars if we Brexit. I am going to sit it out and have been buying heavily in ADN recently."Follow your point but taking a 16 % profit in 9 days not to be sniffed at.Rinse, repeat, compound.That is how serious money is made.I do like ADN, am currently out but hope opportunity knocks againMaybe it will, maybe not.Never an easy call.GLsoi
