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.

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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If it can crack 420.0 440.0 next target?

420.0 breached, raised my stop.

Taken some profit here. 500.0 for Christmas?

Aberdeen Asset Management PLC (the "Company") notes recent press speculation and confirms that it is in discussions with Lloyds Banking Group PLC ("Lloyds") in relation to a possible acquisition of Scottish Widows Investment Partnership and the formation of a strategic partnership with Lloyds.

The potential acquisition would add further scale and diversity to the Company's product range, thus complementing organic growth, consistent with the Board's strategy.

950 By Xmas

Annual Results 25th this month.

By Ben Martin

5:46PM GMT 17 Nov 2013

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Aberdeen Asset Management has seen off a rival bid from Australian group Macquarie to secure the acquisition of fund manager Scottish Widows Investment Partnership from Lloyds Banking Group.


A deal for SWIP, which would see state-backed Lloyds take a stake of approximately 10pc in Aberdeen, could be announced as soon as tomorrow.


The transaction is thought to be valued in the region of £500m, based on Aberdeen’s market value at the end of last week. The FTSE 100 fund manager is understood to have been competing with Macquarie to take over SWIP.


Aberdeen confirmed last month that it had made an approach to Lloyds about buying the fund management business, and said it would pay for the deal by issuing new shares to the bank as well as performance-related deferred cash payments. The fund manager, led by chief executive Martin Gilbert, at the same time disclosed that the Lloyds talks also extended to setting up a so-called “strategic partnership” with the lender.


That relationship could see the FTSE 100 asset management firm take advantage of Lloyds’ branch network to sell its funds.



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Investors in Aberdeen have been enthused by the prospect of the SWIP acquisition, which would boost the fund management group’s assets to around £350bn and in turn make it Europe’s largest listed fund manager.

Shares in the FTSE 100 group jumped almost 6pc on the day Aberdeen confirmed it was in talks with Lloyds, but have since come under pressure on concerns that Macquarie would trump the deal with a competing cash bid.

Aberdeen has said that a deal for SWIP would be “materially earnings-per-share enhancing” and rating agency Fitch has described the potential acquisition as “transformational” for the listed Scottish fund manager.

Aberdeen has a large emerging markets business and a takeover of SWIP would boost its exposure to UK equities.

Meanwhile, the disposal would help Lloyds Banking Group to meet stricter capital requirements.

Spokesmen for Aberdeen, Lloyds and Macquarie declined to comment.














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