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.
Thanks skinny, he was spot on. Looking at the chart if sentiment doesn't improve and it doesn't recover from here may find support at 380p. I hope it doesn't retrace back to 340p watching.
JP Morgan seem to think so. No sense of humour! :0)
LATEST BROKER VIEWS
Date Broker New target Recomm.
7 Jul JP Morgan... 435.00 Neutral
15 Jun Cantor... 520.00 Buy
28 May Cantor... 520.00 Buy
28 May JP Morgan... N/A Neutral
27 May Liberum Capital 493.00 Buy
11 May Societe... 485.00 Hold
6 May Barclays... 485.00 Equal weight
6 May Numis 470.00 Hold
6 May Morgan Stanley 395.00 Underweight
6 May RBC Capital... 440.00 Underperform
Broker Recommendations for Aberdeen Asset Management
Stopped out this morn, sitting on my hands for now. Not entirely convinced bounce in both ADN and UKX is not a dead cat even if or when Greece situ is resolved. See what Monday brings. Watching.
Early doors but a no brainer that the spike at the open would't last. Left a buy order @ 405.5 more in hope than expectation tight stop if filled. Earnings week in US and ADN have a trading statement on 23rd.
I wonder if looking at charts of past share movements etc, really has any value in trying to predict share price movements for the future. However having said that - it is "nice" to see previous share lows and highs, but I think they tell us little about future lows and highs. Even moving averages and volumes, I do not seem to benefit from, although interesting.
I think watching mining commodity prices for specific mining companies, and NMIX index ( largest 350 companies listed ex finance companies ) may give me an indication on the short term market movements for momentum trading interday and short term.
I can't get my timing right on entries in either direction at mo. Serves me right for going against trend. Probably going to be stopped out again today on low volume.