candolim
- 22 Jul 2006 13:53
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.
goldfinger
- 12 Sep 2014 12:40
- 268 of 470
Short Chris? Im 6ft 9 3/4 inch tall.
18st 9lbs........a fine specimen.
Dont take things so serious, just pulling your leg.
goldfinger
- 12 Sep 2014 12:40
- 269 of 470
Think you know that anyway.
Chris Carson
- 19 Sep 2014 08:10
- 270 of 470
Stop to entry for risk free trade.
Chris Carson
- 14 Nov 2014 15:10
- 271 of 470
Back in long (SB) @ 441.06 tight stop.
Bounced off 200DMA and is attempting to close gap to 450p initial target 460p tight stop.
Chris Carson
- 21 Nov 2014 18:57
- 272 of 470
Gap closed, MACD looks overbought but more scope to upside in RSI. Stop to entry.
goldfinger
- 21 Nov 2014 20:12
- 273 of 470
Should have a chart in the header here.
Carson contact Ian please and ask if he could do .
Chris Carson
- 21 Nov 2014 20:28
- 274 of 470
Not my call, originator of thread. Anyway what's it got to do with you?
Chris Carson
- 01 Dec 2014 07:39
- 276 of 470
RNS
RNS Number : 4000Y
Aberdeen Asset Management PLC
01 December 2014
ABERDEEN ASSET MANAGEMENT PLC
RESULTS FOR THE YEAR TO 30 SEPTEMBER 2014 (AUDITED)
Highlights
· Net revenue 4% higher at £1,117.6 million (2013: £1,078.5 million)
· Underlying profit before tax increased by 2% to £490.3 million (2013: £482.7 million)
· 4% decrease in underlying diluted earnings per share to 31.1p (2013: 32.5p)
· Final dividend of 11.25p per share (2013: 10.0p), making 18.0p for the full year (2013: 16.0p)
· Cash increased by 53% to £653.9 million (2013: £426.6 million)
· Assets under management (AuM) increased by 62% to £324.4 billion (2013: £200.4 billion) following acquisition of SWIP
2014
2013
Net revenue
£1,117.6m
£1,078.5m
Underlying results: before amortisation and acquisition-related items
Profit before tax
£490.3m
£482.7m
Diluted earnings per share
31.1p
32.5p
Statutory results
Profit before tax
£354.6m
£390.3m
Diluted earnings per share
22.8p
26.2p
Total dividend per share
18.0p
16.0p
Gross new business
£34.7bn
£43.9bn
Net new business
(£20.4bn)
(£2.5bn)
Assets under management at the year end
£324.4bn
£200.4bn
Martin Gilbert, Chief Executive of Aberdeen Asset Management commented:
"We have delivered robust performance this year in a more challenging environment, underpinned by our long-term track record and also our transformational acquisition of SWIP, which has diversified the Group. The first half of the year was particularly demanding, as investor sentiment turned sharply against emerging market economies. Recently, however, we have seen those concerns abate and outflows from our Asian and emerging market funds have moderated.
"The integration of SWIP is proceeding on schedule and is already beginning to deliver cost synergies ahead of expectations. The acquisition has also made us a more balanced and diverse business and more easily able to ride out the ebb and flow of investor sentiment in particular asset classes and geographies.
"Markets are likely to remain volatile given the uncertain economic and interest rate environment but our new financial year has started well with our broadened product range attracting interest from a range of clients. We will continue to apply our philosophy of long-term fundamental investing to meet the objectives of our clients."
Chris Carson
- 01 Dec 2014 07:39
- 277 of 470
RNS
RNS Number : 4000Y
Aberdeen Asset Management PLC
01 December 2014
ABERDEEN ASSET MANAGEMENT PLC
RESULTS FOR THE YEAR TO 30 SEPTEMBER 2014 (AUDITED)
Highlights
· Net revenue 4% higher at £1,117.6 million (2013: £1,078.5 million)
· Underlying profit before tax increased by 2% to £490.3 million (2013: £482.7 million)
· 4% decrease in underlying diluted earnings per share to 31.1p (2013: 32.5p)
· Final dividend of 11.25p per share (2013: 10.0p), making 18.0p for the full year (2013: 16.0p)
· Cash increased by 53% to £653.9 million (2013: £426.6 million)
· Assets under management (AuM) increased by 62% to £324.4 billion (2013: £200.4 billion) following acquisition of SWIP
2014
2013
Net revenue
£1,117.6m
£1,078.5m
Underlying results: before amortisation and acquisition-related items
Profit before tax
£490.3m
£482.7m
Diluted earnings per share
31.1p
32.5p
Statutory results
Profit before tax
£354.6m
£390.3m
Diluted earnings per share
22.8p
26.2p
Total dividend per share
18.0p
16.0p
Gross new business
£34.7bn
£43.9bn
Net new business
(£20.4bn)
(£2.5bn)
Assets under management at the year end
£324.4bn
£200.4bn
Martin Gilbert, Chief Executive of Aberdeen Asset Management commented:
"We have delivered robust performance this year in a more challenging environment, underpinned by our long-term track record and also our transformational acquisition of SWIP, which has diversified the Group. The first half of the year was particularly demanding, as investor sentiment turned sharply against emerging market economies. Recently, however, we have seen those concerns abate and outflows from our Asian and emerging market funds have moderated.
"The integration of SWIP is proceeding on schedule and is already beginning to deliver cost synergies ahead of expectations. The acquisition has also made us a more balanced and diverse business and more easily able to ride out the ebb and flow of investor sentiment in particular asset classes and geographies.
"Markets are likely to remain volatile given the uncertain economic and interest rate environment but our new financial year has started well with our broadened product range attracting interest from a range of clients. We will continue to apply our philosophy of long-term fundamental investing to meet the objectives of our clients."
Chris Carson
- 01 Dec 2014 07:39
- 278 of 470
Appointment of Joint Broker
RNS
RNS Number : 4295Y
Aberdeen Asset Management PLC
01 December 2014
Appointment of Joint Corporate Broker
Aberdeen Asset Management PLC is pleased to announce the appointment of Credit Suisse Securities (Europe) Limited as joint corporate broker alongside the Company's existing broker, JP Morgan Cazenove.
Aberdeen Asset Management
Martin Gilbert Chief Executive + 44 (0) 207 463 6000
Bill Rattray Finance Director + 44 (0) 207 463 6000
Maitland
Neil Bennett + 44 (0) 207 379 5151
Tom Eckersley + 44 (0) 207 379 5151
Chris Carson
- 01 Dec 2014 09:57
- 279 of 470
LATEST BROKER VIEWS
Date Broker New target Recomm.
1 Dec Canaccord... 430.00 Hold
1 Dec Espirito... 541.00 Buy
1 Dec Liberum Capital 517.00 Buy
12 Nov Barclays... N/A Equal weight
10 Nov Numis 455.00 Add
4 Nov Credit Suisse 455.00 Neutral
22 Oct Liberum Capital 508.00 Buy
7 Oct Credit Suisse 440.00 Neutral
3 Oct Berenberg 510.00 Buy
1 Oct Barclays... 500.00 Overweight
Broker Recommendations for Aberdeen Asset Management
Chris Carson
- 01 Dec 2014 13:48
- 280 of 470
Stop to 460p initial target.
Chris Carson
- 02 Dec 2014 12:05
- 281 of 470
LATEST BROKER VIEWS
Date Broker New target Recomm.
2 Dec Numis 455.00 Hold
2 Dec RBC Capital... 500.00 Sector Performer
2 Dec Beaufort... N/A Buy
2 Dec JP Morgan... 500.00 Overweight
1 Dec Canaccord... 430.00 Hold
1 Dec Espirito... 541.00 Buy
1 Dec Liberum Capital 517.00 Buy
12 Nov Barclays... N/A Equal weight
10 Nov Numis 455.00 Add
4 Nov Credit Suisse 455.00 Neutral
Broker Recommendations for Aberdeen Asset Management
Limit Buy left @ 466.0
Chris Carson
- 02 Dec 2014 12:07
- 282 of 470
goldfinger
- 02 Dec 2014 12:34
- 283 of 470
Joined Carson aka Blue Boy, Lord Carson etc etc here this morning.......
Aberdeen results indicate ‘small positives’ for next year
Aberdeen Asset Management (ADN) has reported good cash generation and dividend growth with a number of ‘small positives’ expected over the coming year.
Peel Hunt analyst Stuart Duncan retained a ‘buy’ recommendation and target price of 490p on the shares after final results beat forecasts with profits hitting £490.3 million. The shares rallied 1.7% to 457.5p yesterday on the news.
‘While [the] results were largely as expected, operating cash generation remains strong, underpinning expectations of good dividend growth in the coming years,’ he said. ‘A December 2015 estimate enterprise value/ net operating profit after tax multiple of 11.7x remains attractive, with a yield of over 4%.’
Duncan noted the integration of Scottish Widows Investment Partnership was ‘progressing well and that cost synergies are ahead of expectations’.
‘The new year is reported to have started well, with client interest in the product range,’ he said.
http://citywire.co.uk/money/the-expert-view-lloyds-tesco-and-aberdeen/a787081?ref=citywire-money-latest-news-list#i=4
Chris Carson
- 02 Dec 2014 12:41
- 284 of 470
I was stopped out at my initial target 460p. I will be joining you only if my Limit Buy is filled @ 465p keep up gf, Mike740, purple etc etc :0)
goldfinger
- 02 Dec 2014 12:47
- 285 of 470
AND ANOTHER.......someone on the job here whos got some push.......
Tuesday tips round-up: Iron ore miners, Aberdeen Asset Management
Tue 02 December 2014 09:27 | A A A
No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
Iron ore miners may be facing much the same dilemma as OPEC is, when trying to force high-cost producers out of the market. Although plummeting crude prices may force some smaller tight oil producers to stop producing for a time, the well infrastructure and technology, once developed, will remain. Indeed, creditors who take over bust shale operators and wish to maximise their cash recovery may not be dissuaded by the price falls.
Similarly, the big miners who keep shovelling iron ore out of the ground may see only limited success in forcing smaller competitors out. Even if an operation is shut, as African Minerals decided to do on Monday with one mine, the infrastructure will continue to be in place should prices revive, writes the Financial Times's Lex column.
Things seem to be looking up for Aberdeen Asset Management. The firm's decision to acquire Scottish Widows Investment Partnership (SWIP) in April seems to have been well-timed. It may help to rebalance the business towards UK equities. As well, the emerging markets in which it has 25% of its assets invested should benefit from the decline in oil prices, the company's chief executive believes. In particular, an improved economic performance may help to staunch the outflows from assets invested in those markets during the year to September.
To take note of, as regards possible risks, Aberdeen has accumulated an 8% stake in Standard Chartered, which is equivalent to a large bet that a much-feared rights issue will not materialise. Most significantly, come spring the fund manager will have a surplus of cash on its balance sheet relative to regulatory requirements. Hence, some sort of share buy-back would seem to be on the cards.
Trading on 13 times' this year's profits the stock is "worth a buy" for the long-term prospects, says The Times's Tempus.
goldfinger
- 02 Dec 2014 12:48
- 286 of 470
hmmmmmmm a share Buy Back .......I like those not sh-ty special premiums where the MMs mark it down just like a normal divi, cheating so and sos.
goldfinger
- 02 Dec 2014 12:59
- 287 of 470
Aberdeen Asset Management reports a 62% rise in assets under management
Aberdeen Asset Management | 01 December 2014
http://www.hl.co.uk/shares/shares-search-results/a/aberdeen-asset-management-ord-10p-shares?tab=security_research