aberdeen asset managemnt this company has fallen from 1.90 per share in may down to 1.34 now. despite having really good broker recommendations, as being a strong buy. Lets hear views and whether or not if you thing they have a good chance of recovery. I have quite a few shares and am wondering whether to stick with or move the money into something else.

Personnally I am not a Chartist - I do not know of any wealthy Chartist.

I am a Technician I guess -
It could be that assets under management have or will fall.
Could be some broker downgrade more likely
Could be some Exceptional Charge - Like interest rate problems etc
Could be some Investment Trust / Pension fund will / are selling.

I like all Fund Managers in an optimistic market as I believe they tend to rise
faster than their underlying investment products as they are geared and take performance fees etc.
However in a pessimistic market the reverse happens.

I shall probably only hold them for a day / few days - I hope
Good luck

I agree with all that! I like to buy a share with a good yield and plenty of broker support. If the worst happens then sit back and enjoy the dividend. Hopefully you make tomorrow and I shall make next week!

RBC outperform TP 495P!

Who is RBC - when was that broker report issued please ?

It from the 16th - here are the most recent :-

16 Sep 13 Aberdeen Asset... RBC Capital Markets Outperform 361.70 - - Reiterates

03 Sep 13 Aberdeen Asset... RBC Capital Markets Outperform 361.70 495.00 - Reiterates

02 Sep 13 Aberdeen Asset... Numis Buy 361.70 480.00 480.00 Reiterates

rek RBC Royal Bank of Canada founded 1901 in Halifax, Nova Scotia, Canada's largest bank.

Thank you Halifax - I thought they were out of UK.
Did not know they are American - I have learnt something today

Regards Bob - Benidorm ( Cloudy here today but still warm )

Midland bank were the biggest bank in world in the 1st part of the 20th century - it doesn't mean a lot!

Which is the biggest bank in the world now -
is it Wells Fargo or something called Commercial bank of China ?

p.s. How much do I owe you and Halifax for this trader information ?
- am I supposed to pay a subscription by standing order ?

skin but Midland was taken over by HSBC the biggest UK bank.

5 year chart solid uptrend, took a hit when Bernankie announced tapering and some concern re over exposure to emerging markets (complete bollox imvho). Had an excellant run this year and if history is repeated finishes stronger each year.

I used to work for Midland in the 1970s when all management could do was to harp back to when they were the biggest bank in the world and bemoan their then, current position - as by then they were very much an also ran and were as good as rescued by HSBC in the 1980s.

"p.s. How much do I owe you and Halifax for this trader information ?
- am I supposed to pay a subscription by standing order ?"

Forget Skinny in the south RK he's loaded -): however should you still like to donate anything to a poor man in the Frozen north (well Shropshire actually) then that would be gratefully received by yours truly -):

Oi - I don't get loaded that often these days, but I am going to a micro pub at the weekend - so you never know. :-)

Nice one, have a couple on me.. or better still RK -):

Sorry guys - looks like ADN is not recovering as fast as I thought.
looks like all the drinks will be on Stan today

Sorry RK I'm temporarily tee-total so never go near pubs... As from about 2 minutes ago that is -):

Closed at 394.5 so a good trade for me!

Closed at 393.10 on 15,000 shares - nice profit over 24 hours.

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