veksi
11 Oct 2016
Emg Despite heavy falls in £ Emg is stuck.This effectively means 20% fall in the sp or more.Emg divi priced in USD means this should have gone up the same 20%.At least there is update coming Friday.The market is freaking scared of mass fund outflows due to Brexit.If this has not materialised the sp should shoot up.You never know with this stock, but I think market has got the fear misplaced.
Clarence Beaks
05 Sep 2016
Re: Re: Well it's nice to see some changes. Down to how well those individuals perform really. Too much reliance on one fund.
divvent argie
02 Sep 2016
Re: Re: Clarence, does todays announcement qualify as the clean out you said was needed or are they just rearranging the deck chairs? I don't know as I'm new to this share so would welcome any input.
veksi
31 Aug 2016
Re: Re: Well I'm reasonably happy with a chunk of money just deposited into my account by EMG.No rush to sell, I'm a bit under water, but looking forwards to the final divi.
divvent argie
31 Aug 2016
Re: Re: I'm beginning to regret taking a position here. Does the sp ever go up and if so what is the driving force? Finger poised over the sell button before I get in too deep. Can anyone throw me a lifeline?
Clarence Beaks
25 Aug 2016
Re: Re: this is a lousy stock really. Man has been quite a disappointment for a few years now. Needs a board clean out.
inoutupdown
24 Aug 2016
Re: Re: I agree I have held for a couple of years but do not see any takeover but this really should be higher. Pays out a decent divi and no debt. The banks and others paying next to nothing and yet growing . Roll on march and this will increase in time for the full divi and then sink like a stone again. Ground-hog year after year
divvent argie
08 Aug 2016
Re: Bought in this morning as I like the divi and although I am no chartist I think 125p is more likely that 100p in the next few weeks. Unless they are consistently betting against the house they should be enhancing the performance fee. Happy to hang around longer term. Not sure about a takeover as the £/$ rate hasn't encouraged much action in the market at all so I wont hold my breath.
veksi
01 Aug 2016
x-div only 10 days away and sp falling?So does that mean it will fall to 100p eventually? Any chartists opinions? Man's funds defo has a stellar July, helped by weak sterling I suppose. Many bond funds now looking at 21% gains for the year. Even the loser funds have gained.I cannot see the performance fees getting any lower therefore. So far looks like they will definitely climb at least a bit next time around.
contrarianstyle
27 Jul 2016
Re: Results it has been dissapointing yes.but as we have held the shares and get 6% income, we might as well wait and see if a big boy like blackrock thinks they can pick up man group cheap now
Merlindale
27 Jul 2016
Re: Results ....I have been 'holding for takeover' for years, buying more on the dips, - but this just seems to limp along, paying a good dividend but , but, goes absolutely nowhere, really disappointing - surely there must be some major bank out there who could integrate its massive FUM?
contrarianstyle
26 Jul 2016
Re: Results Hold for $ divi and takeover target surely now, with big US company can come in and take it for 15% less than before brexit
turkey10
26 Jul 2016
Re: Results Interim div of 3.43 pence. Results not too bad but citing Brexit concerns. Have to see what future brings but Man is dependent on access to free market.
veksi
26 Jul 2016
Results Don't look great but they do look better than expected.Performance fees at rock bottom so H2 should see that improve.The current sp gives a yield of 5.5% but if final divi is higher it's prob around 6%.There is a potential for a huge divi hike in the future if performance improves.It's a big if of course.Some commentators talked about fund outflows, this hasn't materialised which is a clear positive.We will see what the market thinks?
nk1999
24 Jul 2016
RBC Cap From ADVFN:"Man Group shares rose on Friday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and reiterated a target of 140p."We are confident Man's balance sheet should provide the firepower for a positive catalyst (either a merger and acquisition or extraordinary returns) this year," RBC analysts said in a note to investors."While investors may need to be patient for one to emerge, it is our opinion that those who take advantage of the current valuation discount to peers will be rewarded."RBC said it believes Man Group is retaining surplus capital to fund potential acquisitions. The broker estimates the company has around $500m of surplus capital to deploy."In our view there is a small possibility that Man announces a share buyback programme concurrent with first half results on 26 July, but it is more likely that Man continues its search for acquisitions."Therefore, while investors may need to show patience, we believe that those that do will be rewarded, either with a higher yield or a rerating driven by M&A-led earnings growth."Man Group's shares are down 30% in the year to date and the company has underperformed the asset managers sector which is on average down by 11%.RBC believes the share price performance reflects a lack of positive catalysts so far this year, a poor run for is its alternative investment management business AHL, and upcoming first half results which are expected to be lacklustre.RBC cut its earnings per share forecast by 10%, 8% and 4% in 2016, 2017 and 2018, respectively, largely because of reflecting higher variable compensation from performance fees."nk
