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.

Stopped out at the open 360.3 +22.8

Well that's 400.0 blown away, incredible :O)

14 February 2013

ABERDEEN ASSET MANAGEMENT PLC
Acquisition of Artio Global Investors Inc.

Aberdeen Asset Management PLC ("Aberdeen") announces that it has reached an agreement to acquire 100 per cent of the share capital of Artio Global Investors Inc. ("Artio"), a publicly listed asset management holding company (the "Transaction").

The purchase consideration of approximately $175 million (£112 million) is based on a price of $2.75 per share and represents a premium of $34 million (£22 million) over Artio's unaudited net asset value at 31 December 2012. Artio is debt-free and had net asset value of $141 million (£90 million) and cash and seed investments of $136 million (£87 million) on its balance sheet at 31 December 2012. The purchase price will be payable in cash, financed out of Aberdeen's existing cash resources, on completion of the Transaction.

This acquisition will expand Aberdeen's North American business, deepen its distribution network in the region and add to its existing fixed income capabilities. The transaction is consistent with Aberdeen's stated strategy to identify suitable, quality businesses to complement the Group's organic growth.

As at 31 December 2012, Artio managed assets of approximately $14.3 billion (£9.2 billion) on behalf of a diversified retail and institutional client base. Based on Artio's fourth quarter results annual run-rate revenues were approximately $71 million (£46 million). Artio's assets under management ("AuM") include mutual fund assets of $7.2 billion (£4.6 billion). Artio comprises a $9.8 billion (£6.3 billion) fixed income business which has delivered top quartile performance across its range of strategies including highly rated Total Return Bond and Global High Yield products and a $4.5 billion (£2.9 billion) international and global equities business which will be transitioned to Aberdeen's top performing global equity process post-completion. Artio's Global High Yield and High Grade teams are expected to join Aberdeen on completion of the Transaction.

The Transaction provides key benefits to Aberdeen:

· adds significant scale to Aberdeen's existing US fixed income business and complements organic efforts to expand distribution in the US, a priority growth market for Aberdeen;

· adds established global high yield and US total return offerings to Aberdeen which will complement Aberdeen's existing fixed income expertise;

· provides access to Artio's distribution channels with a deeper penetration of the US intermediary market, particularly the broker dealer and registered investment adviser ("RIA") segments which will also be of benefit to Aberdeen's existing product range; and

· the Transaction is expected to be earnings enhancing from the outset.

The Transaction, which is currently expected to close by the end of the second quarter or early in the third quarter of 2013, is subject to customary closing conditions, including U.S. antitrust approval, approval of a majority of Artio Global shareholders and approval of certain Artio Global mutual fund shareholders. As part of the Transaction, three of Artio's largest shareholders (representing approximately 45% of the total shareholding in aggregate) have entered into Voting Agreements providing that they will vote in favour of the Transaction.





Commenting on the Transaction, Martin Gilbert, Chief Executive of Aberdeen Asset Management, said:

"This transaction is in line with Aberdeen's strategy of undertaking infill acquisitions that will assist with growing our business organically. It will be of benefit to our North American business, a region we view as a key growth market for Aberdeen. The integration of Artio's operations will strengthen further our US fixed income expertise, in particular the addition of US total return and global high yield products, and will help to broaden and deepen our distribution network in the US."

J.P. Morgan Limited (which conducts its UK Investment Banking activities as J.P. Morgan Cazenove) is acting as financial adviser and corporate broker to Aberdeen in connection with the Transaction, and Willkie Farr & Gallagher LLP is acting as Aberdeen's US legal advisor.

Long term holder of this one. Unlike so many of the stocks being followed by the 'crowd' has actually consolidated to just below 50DMA warning sign that may be a short? Uptrend still intact so worth a punt long on the spreads. Limit Buy on the spreads for Monday @ 416.00 if triggered initial target 440.0 support @ 400.0

Events :- Pre - Close Trading Update Monday 25/03. Interim Results 29/04. Ex Divi May.

Bloody typical, filled at the open @ 422.44

Stop to entry for risk free trade.

Stop to 432.44 to lock in +10

Rightly or wrongly back in long on the spreads @ 414.0 we'll see. :O)

Stop to entry

Stop to 424.0 to lock in + 10

Out for the rest of the day.

Back in long on spreads this am @ 401.8 tgt 420.0 see if it can bounce up to interim on 29th. Tight stop.

Stop to 411.8 to lock in + 10

Stop to 416.8 to lock in + 15

Stopped out. Chart looks dodgy right now, see what happens on Monday (interim).

Aberdeen Asset Management hikes dividend as profits jump
StockMarketWire.com
Aberdeen Asset Management reported revenue up 25% at £516m in the half-year to end-March. Underlying profit before tax was up 37% at £222.8m and assets under management (AuM) were up 13% since September at £212.3bn.

Underlying earnings per share rose 43% to 14.9p.

Dividend per share was raised 36% to 6p.

Operating margin was 43.8% (1H 2012: 40.1%).

Average fee margin was 49.0bps (1H 2012: 43.9bps).

Martin Gilbert, CEO, commented: 'It has been a strong first half to the year with investors' appetite for risk assets returning. As a result we have seen healthy net new business flows which, combined with performance by global markets, has generated strong growth in our revenue and in profit margins. We remain cautious on the market outlook but believe our fundamental approach to investing will continue to serve our clients' long term needs.'





Story provided by StockMarketWire.com

Half Yearly Report

HIGHLIGHTS

· Revenue £516.0 million (+25%)
· Underlying profit before tax £222.8 million (+37%)
· Underlying earnings per share 14.9p (+43%)
· Dividend per share 6.0p (+36%)
· Operating margin 43.8% (1H 2012: 40.1%)
· Average fee margin 49.0bps (1H 2012: 43.9bps)
· AuM £212.3 billion (+13% on 30 September 2012)

Excellant interim, shame I didn't have more faith to stay in the spreads but win win either way. Strong resistance at 440.0

440.0? not so far, fingers crossed becomes support.

Getting hammered today, bang on 50DMA, if support goes @ 440.0 back to 420.0 to close the gap?