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.
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
goldfinger
- 02 Dec 2014 13:01
- 288 of 470
from above.......
" For now, market consensus opinion presently points to a buy".
goldfinger
- 02 Dec 2014 13:56
- 289 of 470
ADN
Beaufort Securities............BUY
Their View:
Aberdeen Asset Management (ADN.L, 457.50p) - Buy
Aberdeen Asset Management announced its results for the year ended 30th September 2014. Net revenues increased 4% y-o-y to £1.12bn thanks to a higher recurring fee income which offset the decline in performance fees. Underlying operating profit, before amortisation of intangible assets and the one-off acquisition and integration costs, inched up 2% to £490.3m for the year. However, diluted EPS fell 4% y-o-y to 31.1p from 32.5p in the last year. Aberdeen’s Assets under management (AuM) increased by 62% y-o-y to £324.4bn following the acquisition of Scottish Widows Investment Partnership (SWIP) from Lloyds in March. The SWIP acquisition added nearly £135.0bn of assets. The Board announced a final dividend of 11.25p per share, resulting in full year dividend of 18.0p.
Our view: Despite a challenging environment, Aberdeen delivered robust performance. The company’s cash position improved to £653.9m as of 30th September 2014 from £426.6m over the same period last year. The acquisition of SWIP played a pivotal role and is already beginning to deliver cost synergies. In fact, Aberdeen’s strong cash flows and financial stability allowed the board to recommend a 12.5% increase in the final dividend. Going forward, given the strong financial position, and a broadened and enhanced range of products, we retain our Buy rating for the stock.
goldfinger
- 05 Dec 2014 11:01
- 290 of 470
Carson carson whats the price, carson whats the price. he he
Chris Carson
- 05 Dec 2014 11:10
- 291 of 470
gf, gf no surprise, gf no surprise :0)
goldfinger
- 05 Dec 2014 11:55
- 292 of 470
Carson carson get some bought, Carson get some bought.
PS, chris take a good look at STOB.........last years TCG........no kidding.
Chris Carson
- 05 Dec 2014 15:10
- 293 of 470
gf- Limit Buy triggered yesterday @ 465 do keep up. Never traded STOB will have a look. HWDN on a mission.
goldfinger
- 05 Dec 2014 16:25
- 294 of 470
Carson Carson, carson whats the score.
goldfinger
- 05 Dec 2014 16:31
- 295 of 470
They call Me Mr 90% do da do da, they call me Me Mr 90% do da do da.
Last 20 picks 19 winners 1 loser and I took 42 points profit on that.
They call me Mr 99% do da, do da, they call me Mr 99% do da do da........do da do da....DAY.
Chris Carson
- 05 Dec 2014 16:33
- 296 of 470
Nurse a bit late with the meds gf?
Chris Carson
- 05 Dec 2014 16:44
- 297 of 470
ps - How exactly does that work, '1 loser and i took 42 points profit on that' ?
goldfinger
- 05 Dec 2014 16:52
- 298 of 470
Carson Carson Carson.........whats the score Carson whats the score.
remember they call me MR 99% (revised upwards).
AND you being associated with doodlebug is turning YOUR rating downwards.
Dont forget doodlebug stands for PROFIT WARNING.......................