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.

ADN looks oversold. 3.7% yield currently... Maybe a little more downside yet..

Aye watching Shortie :O)

200DMA banjaxed if support @ 400p fails then 380p next stop.

Chris, I take you saw this earlier :-

Morgan Stanley Underweight 402.10 421.40 492.00 393.00 Downgrades

No I missed that skinny, thanks. Markets spooked I'm just sitting on sidelines at mo watching.

As am I, 380 - 385 should find support I think... on a projected 16p yield this is 4.17%
BUT
Argentina's currency plunged as its central bank abandoned its policy of supporting the peso by intervening in the foreign exchange markets. Other Latin American currencies also came under pressure. Bad news for Emerging Markets and a driving force. With Morgan Stanleys downgrade also other brokers are likely to follow.. Where's the bottom??

340 ish I'm guessing Shortie worst case scenario.

Fund manager Aberdeen was a heavy faller on the FTSE 100 on Friday after a ratings downgrade by Morgan Stanley from 'equal weight' to 'underweight'.

The bank said that a "deteriorating" fund performance at Aberdeen compounds challenging fundamentals in the emerging markets (EM). This "increases the risk of negative revisions and further multiple de-rating" for the stock, it said.

Been out all morning but above timed at 12.22. Just for info chaps.

http://www.bbc.co.uk/news/business-25877391

Espirito Santo (who?) reiterates buy, target cut from 573p to 514p.

Scalped a few points long on the rise, back above 400.0, watching and waiting before taking a punt for 200DMA to be breached.

Chart looking good to close gap @ 420p

Febuary 6 2014 1.04pm The Wall Street Journal. In Defense Of Aberdeen.


By Sarah Krouse

Aberdeen Asset Management has come under pressure this year as investors shed their exposure to emerging markets.

But analysts at RBC Capital Markets said investors shouldn't give up on the fund manager yet.

After a nearly 20% drop in the company's share price this year, compared to a roughly 4% drop in the broader FTSE 100 index, RBC analysts said in a note Thursday that the stock's current price takes into account "overly bearish assumptions" about the company's performance.

One thing RBC analysts believe Aberdeen has working in its favour is its acquisition of Scottish Widows Investment Partners from Lloyds Banking Group. The deal announced in November will help Aberdeen diversify away from its heavy exposure to emerging markets and Asia Pacific equities. That exposure, the analysts say, will drop to 24% from 40% when the deal is complete.

The share price is also being hit by short sellers rather than long - term owners exiting their holdings, they said.

The analysts added the firm has a strong balance sheet and the highest upside potential of any fund manager they cover, but did anticipate net outflows and "slipping investment performance."

"Today is not the time to abandon Aberdeen, as value, yield, buybacks and a transformational acquisition are either present or pending," they wrote.

Earlier this week Aberdeen published a note in defense of emerging markets.

"Emerging markets have a history of scares and what follows the latest bout of uncertainty will merely be a natural and healthy adjustment. Policymakers and company management are more than equipped to deal with cyclical change they have been here before." Nothing to see hear folks.

Still, the fund manager called 2013 a year to forget for developing markets because of the impact of U.S. monetry policy. It pointed to a difference of 29% in the performance of the MSCI World Index versus the less impressive MSCI Emerging Markets Index last year.

This stock is probably a screaming buy now, just a wee bit more downside to go I reckon. Timing as ever.

Long on the spreads @ 368.0

Their owns funds not doing especially well just now I think ?
Perhaps we need to wait and see how Scottish Widows will be absorbed ?
Seems their may still be turmoil in emerging markets ?
Probably a share to watch and buy on a bad day ?
Do you agree Chris ?

I do agree rekirham, that's why i have started buying on the dips.

Stop to entry for risk free trade.

Stockwatch
Level 2
Portfolio
Charts
Research
Share Price
Awards 2013
Indices
Market Scan
Company Zone
Traders' Room
Funds
Trades
Terminal
Alerts
Heatmaps
News
Stock Screener
Mobile
Forex Prices
Director Deals
Investors' Room
CFDs
Shares
SIPPs
ISAs
Forex
Expert Eye
Comparison Tables
Spread Betting
Broker Notes
Forward Diary
Shares Magazine
About MoneyAM
Ts and Cs
Privacy Policy
Investment Warning
Content Standards
Corporate Solutions
Advertise With Us
Site Map
© 2014 MoneyAM
Register now for FREE Share Prices, Stock Quotes, Charts, Bulletin Boards, Indices, Watchlists, Portfolio, Market News, Research or see our Premium Services including Level 2, Terminal and much more.
<
Hot Deals!
Shu Uemura Art of Hair Shape P...£22.00

Enjoy Molding Paste 100g/3.35o...£18.00


Looking for a close above 380.0 with volume to progress.