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
- 05 Mar 2016 14:35
- 440 of 470
2517 thanks for that, early doors yet for emerging markets generally but we live in hope :0)
rekirkham
- 15 Mar 2016 22:39
- 441 of 470
For my records re post 435
Adn closed 289.30 on 14/3/16
RBS closed 232.20 on 14/3/16
EMG closed 152.10 on 14/3/16
Chris Carson
- 16 Mar 2016 09:14
- 442 of 470
Chris Carson
- 16 Mar 2016 09:23
- 443 of 470
rekirkham - Not sure what your point is? Let's go back to my post 432 0n 22/01 ADN SP 220p. Check out post434 on 03/03. Err job done wouldn't you agree. I personally have no interest in RBS but if you want to be pedantic check out SP on 22/01 to date.
You may well be right that RBS going forward may be a better punt than ADN but today I still prefer ADN :0)
Chris Carson
- 16 Mar 2016 09:26
- 444 of 470
Chris Carson
- 17 Mar 2016 10:35
- 445 of 470
Taken some profit on ADN, RBS chart continues to be a basket case some support at 220p.
rekirkham
- 24 Mar 2016 14:22
- 446 of 470
ADN 253p - probably well oversold for today - one to watch now for a bounce back sometime soon ?
Chris Carson
- 24 Mar 2016 16:49
- 447 of 470
220p needs to hold otherwise lower would be my guess. Watching
Chris Carson
- 25 Mar 2016 09:43
- 448 of 470
ADN 240p support.
Chris Carson
- 03 May 2016 07:58
- 449 of 470
Aberdeen Asset Management PLC announces its interim results for six months to 31 March 2016
03 May 2016 - Group
Financial highlights
Net revenue £483.6 million (-20%)
Underlying profit before tax £162.9 million (-40%)
Underlying earnings per share 9.6p (-41%)
Interim dividend per share unchanged at 7.5p
AuM £292.8 billion
£70 million of annualised cost efficiencies to be delivered during 2017
March 2016 March 2015
Net revenue £483.6m £605.2m
Underlying results: before amortisation and acquisition-related items
Profit before tax £162.9m £270.2m
Diluted earnings per share 9.6p 16.2p
Statutory results
Profit before tax £98.8m £185.4m
Diluted earnings per share 5.4p 10.7p
Dividend per share 7.5p 7.5p
Core operating cashflow £114.3m £227.4m
Gross new business £21.5bn £23.4bn
Net new business -£16.7bn -£11.3bn
Assets under management at period end £292.8bn £330.6bn
Martin Gilbert, Chief Executive of Aberdeen Asset Management PLC commented:
“These results reflect the challenging conditions Aberdeen has faced during the past three years, in particular the weakness in emerging markets. However our balance sheet strength has allowed us to continue to invest in the business, including the completion of a number of bolt-on acquisitions which have added new capabilities and new client channels. We have strengthened the management team with senior appointments in distribution and operations. Our broad product suite and global distribution platform means we are well placed to meet the long-term needs of an ever increasing number of investors around the world."
Management will host a presentation for analysts and institutions today at 09:30 (UK) to be held at the offices of Aberdeen Asset Management, Bow Bells House, 1 Bread Street, London EC4M 9HH. The event will also be available to view via a live webconference.
To register please use the following weblink: http://edge.media-server.com/m/p/zzud3n75
Chris Carson
- 03 May 2016 10:19
- 450 of 470
LATEST BROKER VIEWS
Date Broker New target Recomm.
3 May Numis 295.00 Hold
3 May Liberum Capital 262.00 Hold
3 May Peel Hunt 330.00 Add
3 May Cantor... 270.00 Hold
29 Apr Societe... 240.00 Hold
26 Apr Citigroup 265.00 Sell
18 Apr RBC Capital... 275.00 Underperform
13 Apr Goldman Sachs 294.00 Neutral
11 Apr Jefferies... 243.00 Hold
8 Apr Exane BNP... 225.00 Underperform
Broker Recommendations for Aberdeen Asset Management
Chris Carson
- 04 May 2016 08:10
- 451 of 470
Broker Forecast - JP Morgan Cazenove issues a broker note on Aberdeen Asset Management PLC
BFN
JP Morgan Cazenove today reaffirms its neutral investment rating on Aberdeen Asset Management PLC (LON:ADN) and raised its price target to 275p (from 245p).
Story provided by StockMarketWire.com
Chris Carson
- 04 May 2016 09:04
- 452 of 470
Broker Forecast - Jefferies International issues a broker note on Aberdeen Asset Management PLC
BFN
Jefferies International today reaffirms its hold investment rating on Aberdeen Asset Management PLC (LON:ADN) and raised its price target to 253p (from 243p).
Story provided by StockMarketWire.com
mentor
- 03 Jan 2017 17:46
- 453 of 470
Bouncing strongly today
Bought some at the end of the day @ 269.90p
mentor
- 03 Jan 2017 18:04
- 454 of 470
Last results
Shares Magazine - 28 Nov '16
Aberdeen Asset Management (ADN) jumps 3.6% to 296.45p as full year results are ahead of expectation, despite reporting a 39% decline in pre-tax profit to £352.7m. Pre-tax profit and earnings per share beat consensus forecasts by circa 7%, aided by currency benefits and positive market performance. Net outflows were £32.8bn. The company predicts ongoing volatility in global markets in the short term.
mentor
- 03 Jan 2017 18:36
- 455 of 470
changing of trend
mentor
- 04 Jan 2017 10:24
- 456 of 470
272.50p +1.80p +0.66%
The rise is not much so far but considering the market is mainly down is a good omen to be up
Last night UT close of 270.70p was almost 1p higher than the spread at close 269.85p
mentor
- 04 Jan 2017 17:21
- 457 of 470
another good UT close above spread at the time with a large trade, very important
16:35:10
273.20 UT
670,820K
Lord Gnome
- 05 Jan 2017 09:05
- 458 of 470
Rising strongly gain this morning. Looks like the share price is reacting to bull markets. My 289 purchase is still under the water, but my 259 addition puts me in profit overall. Hopefully back to 300 in quick time.
mentor
- 05 Jan 2017 09:31
- 459 of 470
280.80p +10.10p (+3.73%)
Another strong move up this morning and now well up from the troubled waters