I suspect trading tomorrow will probably answer this conundrum, but I know there are some far wiser owls than me that contribute to this bb & I would be interested in their opinions.

My question is this: the chart below looks to me like a pullback of the uptrend (ie when it went north through 14.00) however I am unsure as it has now broken down through 14.00 whether this is trending up or down :-(

So what do you think - up or down, or should I just flip a coin :-)) ?

Summary of above link:

StockMarketWire.com
Man Group has agreed to acquire global hedge fund research and investment specialist FRM Holdings Limited - Financial Risk Management.

FRM has fund of around $8.0bn under management.

Man will integrate FRM with its multi-manager business and, through combined resources and scale, will aim to offer clients deeper and more diverse capabilities, increasingly compelling products and services and better investment performance.

No consideration will be paid up front, with contingent consideration dependent on asset retention.

The acquisition will involve a scheme of arrangement under Jersey law and is also subject to the satisfaction or waiver of customary conditions - including receipt of regulatory approvals including from the Financial Services Authority.

It is expected to be completed before the end of the third quarter.

Share price still heading south... shareholders showing no confidence in it and the general financial economy.

What?????? EMG up 5% so far this morning!!!!!

Numis do not seem to know much about valuing companies.
EMG worth "liquidation" value"
How much does Numis value "Facebook" at.
A Company is valued at its potential to generate profit.
As long as EMG have sufficient Assets under Management,
and they charge - is it 2%, annual fee, then they will make steady profit.
They do not have to go out and sell widgets continually.
All it needs for EMG to take off to 140 / 160p is steady world politics.

Any comments about Numis valuations ?

50p would be about right.

another new low and 70p bekons.

Hmmm.....is does look as though EMG are going to drop out of the FTSE 100 list, with the resultant exit by the tracker funds.

The exit by FTSE 100 tracker funds, may be somewhat offset by entry of FTSE 250/350 tracker funds. I am long now, looking for a bounce, as sometimes happens when stocks get booted out of the FTSE 100. H

The rise continues ..

Sub 70p today thats a first.

Is the yield now 22 cents / 1.54 / 69p = 20.7% !
Are they going bust ?
I do not think so

Have they dropped out of the FTSE 100 yet?

on the brink!

Harry - I think they are still in for some reason. Just looked it up as of 14/6/12
Next is it 1/4 should see big changes I guess

how can they remain in the FTSE100 look at their market cap?

rekirkham, have you got a definitive link please.

This seems to intimate that they are out.

Babcock steps up in FTSE reshuffle

On edit:-

And this link seems to indicate that they are!!

London Stock Exchange FTSE100

Skinny as I see it EMG is presently in FT100
- Babcock talks about it will be going out
- LSE FTSE100 seems to show it in at present
- 4-traders.com lists it as in and one of 102 ?
- Bloomberg.com presently lists it as in and one of 102 ?

To me it seems to be in now, but probably will be out, but when are changes made ?

Perhaps there is a web site somewhere which gives better information

My second link above is from the LSE and show it in (as of yesterdays close) - I thought the reshuffle was last Friday - obviously not?

Anyway, I can't readily find the date so will have a search.

Digitallook still showing EMG as a constituent of FTSE 100.
I also though the change was last week. Bizarre.