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.

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

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

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

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

Bouncing strongly today

Bought some at the end of the day @ 269.90p

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.

changing of trend

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

another good UT close above spread at the time with a large trade, very important

16:35:10
273.20 UT
670,820K

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.

280.80p +10.10p (+3.73%)

Another strong move up this morning and now well up from the troubled waters

StockMarketWire.com

Aberdeen Asset Management's assets under management fell to �302.7 bn in the three months to the end of December from �312.1bn at the end of September.

Net outflows of �10.5bn were partly offset by �3.3bn asset appreciation and the group said the bulk of net outflows were largely low margin and anticipated.

The group said a �2.2bn reduction in AuM was due to rationalisation of US Fixed Income business and there was growing interest in its wider range of capabilities.

Chief executive Martin Gilbert said: "Investor sentiment had been improving steadily in the early part of the quarter, but stalled following the US presidential election result with investors putting asset allocation decisions on hold.

"Encouragingly, despite the market volatility our equity strategies produced strong returns for the year.

"While growing interest in a number of our strategies is likely to continue to be masked, in the short-term, by significant withdrawals by a small number of clients, I am encouraged by the progress being made.

"Overall Aberdeen remains in good shape, we have a strong balance sheet, a global client base and wide range of capabilities to meet the needs of investors."

Not an very good performance on the financials, so share price having a knocked too

She went to 283p high but managed to get out @ 276p with just about 6p profit
It does not pay long term this days, so I will continue with trading, providing some workout with larger gains

Bit of a no brainer chart wise that both would fall back inside BB. Interesting to see what happens next.

SL has been seriously dull for as long as i can remember
i think i acquired mine when it first went public and have stuck them in a drawer
i think they've risen perhaps 40% in 5+ years

Both good trading shares though cynic for me, consensus appears to favour SL. going forward, I'm not holding my breath :0)

May flush out a bidder for one or the other.

Wonder how the SNP will like this , job losses probably .

i can't see either now being a t/o target