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.

Trade triggered @ 402.0 tight stop.

Stop to to 412.0 to lock in + 10

At this rate I will be in and out all day :O)

I remember those days! :-)

LATEST BROKER VIEWS

Date Broker New target Recomm.
1 Apr Canaccord... 460.00 Buy
1 Apr Espirito... 514.00 Buy
28 Mar JP Morgan... 509.00 Overweight
27 Mar Credit Suisse 415.00 Neutral
26 Mar Citigroup 390.00 Neutral
24 Mar RBC Capital... N/A Outperform
19 Mar RBC Capital... N/A Outperform
10 Mar Goldman Sachs 540.00 Buy
17 Feb Goldman Sachs 540.00 Buy
13 Feb Jefferies... 350.00 Underperform
Broker Recommendations for Aberdeen Asset Management

And the beat goes on. Good job i didn't rely on Citigroup or Credit Suisse eh GF.

LATEST BROKER VIEWS

Date Broker New target Recomm.
3 Apr Numis 450.00 Hold
2 Apr Numis 425.00 Hold
2 Apr Barclays... 535.00 Overweight
2 Apr Jefferies... 350.00 Underperform
1 Apr Canaccord... 460.00 Buy
1 Apr Espirito... 514.00 Buy
28 Mar JP Morgan... 509.00 Overweight
27 Mar Credit Suisse 415.00 Neutral
26 Mar Citigroup 390.00 Neutral
24 Mar RBC Capital... N/A Outperform
Broker Recommendations for Aberdeen Asset Management

Credit Suisse Neutral 436.95 441.60 415.00 440.00 Reiterates

Not to concerned yet skinny, so far today light volume. 440.0 resistance, outside bollinger band, lower indicators approaching over bought, so what. Raised my stop to 329.0 to lock in another + 27.

Still light volume, but attempting to breach 440.0 on two down days.

RPT-Fitch upgrades Aberdeen Asset Management to 'A'; outlook stable


Tue Apr 8, 2014 6:42am EDT

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(Repeat for additional subscribers)

(Reuters) - (The following statement was released by the rating agency)

Fitch Ratings has upgraded Aberdeen Asset Management Plc's (AAM) Long-term Issuer Default Rating (IDR) to 'A' from 'A-' and Short-term IDR to 'F1' from 'F2' following AAM's acquisition of Scottish Widows Investment Partnership Group Limited (SWIP). The Outlook on the Long-term IDR is Stable.

The upgrade recognises the improved product and geographical diversification that the SWIP acquisition brings to AAM. This supports AAM's otherwise favourable financial metrics for an entity rated in the 'A'-range, notably its strong profitability and low levels of gearing and debt. AAM's franchise and earnings potential is supported by improved distribution capability as a result of a long-term strategic relationship with Lloyds Banking Group Plc (A/Negative/a-), which became a 9.9% shareholder of AAM in consideration for the sale of SWIP.


KEY RATING DRIVERS - IDRs

AAM's IDRs reflect its profile and track record as a traditional asset manager. The ratings benefit from the high cash generation typical of AAM's industry but are also exposed to the risks common to its peer group, notably the sensitivity of assets under management (AUM), and consequently earnings, to market dynamics, and operational and reputational risks. AUM was up by 7.1% to GBP200bn at the financial year ended 30 September 2013 but had reduced to GBP187bn by end-February 2014 due to continuing weaknesses in emerging markets. Management's pro-forma balance sheet of the new combined AAM/SWIP business shows that AUM would have increased by about 74% at end-February as a result of the acquisition.

AAM has grown into its present global position via successfully integrated acquisitions, which have contributed to higher earnings and increased geographic and product diversification. AAM's ratings consider the increased portfolio diversification arising from the SWIP acquisition, particularly from the addition of a GBP55.7bn quantitative equities and GBP39bn fixed income portfolio. Furthermore, SWIP's strong UK and developed market focus mitigates AAM's previous concentrations to emerging markets and Asia Pacific.

The ratings also consider the integration challenges, margin pressures and potential reduction of existing AUM in light of the comparatively large SWIP acquisition. Fitch considers that cost savings from the elimination of duplicated activities will contribute to improving financial performance although this will be offset by integration costs during FY14 and FY15. Operating and fee margins are tighter in the acquired business, which will weaken the combined group's margin and efficiency metrics in the short to medium term.


RATING SENSITIVITIES - IDRs

AAM's IDRs would benefit from successful execution of the integration process, and could be sensitive to AUM levels and balance sheet discipline. They could be upgraded if AAM's AUM continues to increase and/or there were further improvements in client, product and geographical concentrations combined with an improving net cash balance and earnings with consistently low levels of leverage.

The ratings could be downgraded if there is a substantial and sustained increase in leverage, material reputational damage, a sustained deterioration of fund performance or significant AUM net outflows.


KEY RATING DRIVERS AND SENSITIVITIES - SUBORDINATED DEBT AND OTHER HYBRID SECURITIES

AAM's USD500m perpetual cumulative subordinated instruments receive 50% equity credit and are rated three notches below AAM's IDR in accordance with Fitch's criteria for the "Treatment and Notching of Hybrids in Nonfinancial Corporate and REIT Credit Analysis" dated 23 December 2013. A hybrid instrument with easily activated going-concern loss absorption would normally be rated at least three notches lower than the issuer's Long-term IDR.


The rating actions are as follows:

Long-Term IDR upgraded to 'A' from 'A-'; Outlook Stable

Short-Term IDR upgraded to 'F1' from 'F2'

Subordinated Perpetual Cumulative Notes upgraded to 'BBB' from 'BBB-'

Stop to 339.0 to lock in + 37

LATEST BROKER VIEWS

Date Broker New target Recomm.
9 Apr RBC Capital... 495.00 Outperform
7 Apr Credit Suisse 440.00 Neutral
4 Apr JP Morgan... N/A Overweight
3 Apr Numis 450.00 Hold
2 Apr Numis 425.00 Hold
2 Apr Barclays... 535.00 Overweight
2 Apr Jefferies... 350.00 Underperform
1 Apr Canaccord... 460.00 Buy
1 Apr Espirito... 514.00 Buy
28 Mar JP Morgan... 509.00 Overweight
Broker Recommendations for Aberdeen Asset Management

Nice one Chris.

Thanks skinny, on nights now so keeping stop tight, has to consolidate at some point.

Back on watch list, left a limit buy @ 442.0
Reluctant to go short.

Wee punt long on the spreads @ 423.0 interim 06th May. Tight stop.

Stop to entry for risk free trade.

Latest broker views


Date

Broker

New target

Recomm.


14 Apr Goldman Sachs 540.00 Buy
9 Apr RBC Capital... 495.00 Outperform
7 Apr Credit Suisse 440.00 Neutral
4 Apr JP Morgan... N/A Overweight
3 Apr Numis 450.00 Hold
2 Apr Numis 425.00 Hold
2 Apr Barclays... 535.00 Overweight
2 Apr Jefferies... 350.00 Underperform
1 Apr Canaccord... 460.00 Buy
1 Apr Espirito... 514.00 Buy

Broker Recommendations for Aberdeen Asset Management