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 :-)) ?

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.

Look up - FTSE changes - web site
It shows the last day of the present index is today friday 15 June,
and monday 18 June is the first day of the new index.

Maybe there will be big changes - I'll try to find out more.
Have a look for yourselves, and let me know what you find please

I think any significant price changes will be in 350 index and these changes
will affect trusts etc., more significantly than the FT 100l

Please update as soon as you can. I am considering to buy back.
Having bought at 141 and sold at 92, I lost £10k on this last month.

StockMarketWire.com
Kevin Hayes, who joined troubled hedge fund manager Man Group as Finance Director in 2007, is leaving the company to pursue other interests.

Jonathan Sorrell, currently Man's Head of Strategy and Corporate Finance, is taking over as Finance Director with immediate effect.

Man's next scheduled public announcement will be its Interim Results on 24th July 2012.

Comment from Merrill Lynch:
"Given Man’s recent share price performance, we suspect that some will tend to try and read too much into this. However, Mr Hayes has always struck us as an effective steward of Man’s infrastructure, accounting and balance sheet. We see Man’s current issues as being a combination of sluggish demand industry-wide and soft AHL. It is hard to lay either of these at Mr Hayes’ door. We would also point out the obvious, that if there were any bad news lurking which has caused this move, the company would have had to disclose it. Instead, Man has reiterated that the next update will be on the 24th July, as previously planned.

Mr Sorrell is, judging from our encounters with him, an extremely knowledgeable and effective hedge fund business person. Man’s recently announced acquisition of FRM, which he was heavily involved in, seems a shrewd deal. We think there is nothing about Man which a period of good AHL performance would not fix. That said, we suspect that Mr. Sorrell, as a relative outsider, will be able to look at the company’s overall cost structure with a fresh pair of eyes. Also, Mr. Hayes always struck us as perhaps keener on Man having an investment bank-like balance sheet than we would have been. Maybe aspects of the balance sheet, in particular its layers of bank-like capital, will also be looked at. Overall, though, we would see this as simply a natural evolution of Man’s management team."

Man was evicted from the FTSE100 on 7th june and replaced by Babcock.

Shows the state of Western Economies when a once-major World Financial is replaced in a list by a purveyor of cisterns . . .
feeling well-Flushed no doubt!

Odd that the LSE link (earlier) still shows MAN - although it omits the interesting info as to any Company's Position in the League...

.

Credit Suisse note:
"Tough Q2 drives down forecasts: The market environment during Q212 has been particularly challenging with significant volatility across markets unhelpful for AHL and flagship GLG funds seeing weaker performance following a decent Q112. We estimate Q212 neg perf impact on AuM of $2.3bn. We forecast Q212 net flows (-$1.7bn) vs. Q112 (-$1bn) driven by subdued investor appetite across the industry particularly during May as confirmed by industry flow data but also the weaker investment performance. We estimate a further de-gear in guaranteed products of c$2bn and neg FX impact of $1.2bn during Q212. Overall we forecast an AuM decline of c12% during Q212 from $59bn to $51.8bn. Our FY12/FY13 EPS (ex FRM) are lowered by 42%/48% to 7.2c/9.4c respectively, and we are c35%/c40% below consensus for FY12/FY13 respectively. We reduce our sum of the parts TP to 88p from 130p and recommendation from OP to NT, reflecting medium term opportunities offset by near term consensus earnings risk and valuation discount to the sector, based on FY13 PE disappearing.
Medium term opportunities but near term markets will dictate: We believe Man Group's diverse product suite and strong distribution platform offer medium term opportunities. However in the near term, we believe market conditions are not conducive for significant asset growth and weakness in AHL pushes out further the timing for material performance fees and new fund launches. Against this backdrop we believe management may re-assess the cost structure in the business but timing is uncertain."

Below 70p now

A share disaster..




50p is my opinion.

Ex-divi 25th July '12 (9.5¢)