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 :-)) ?

Are you sure you want to be? Above 90p could get to be fun again.

I'm staying put for time being, nice div payment and sp building.....looking good.,.

Yes, have the divi & small profit so need to move on. That was the original plan and need the cash for other trading opportunities. Plan is working reasonably well atm, so am going to stick to it.

Was it a double TOP for the moment being?
going nowhere today so most likely

Man Group plc

This notification relates to transactions to be notified in accordance with DTR 3.1.4R(1)(a)

On 13th September the following share transaction was completed by Jonathan Sorrell, Chief Financial Officer of Man Group plc.

Purchase of 304,878 ordinary shares of 3 3/7 US cents each in Man Group plc at a price of 82 pence per share.

Man Group plc was informed of the transaction on the same day.

Big signal I think for the FD to pay 1/4 million for shares. Chart has a 1-2-3 movement with a higher low, so on the break past 85p I have taken a nibble at this. May add if the move breaks 100p.

Bought in myself looks good for £1.35

Creation of new group holding company

In summary, it is proposed that:

· New Man will issue ordinary shares ("New Man Ordinary Shares") to holders of ordinary shares in Man ("Man Ordinary Shares") on a one-for-one basis. New share certificates, for shareholders who hold their shares in certificated form, will be issued for New Man Ordinary Shares and existing certificates in respect of Man Ordinary Shares will be cancelled. For shareholders who hold their shares in a CREST account, New Man Ordinary Shares will be credited to the relevant CREST member account.

· New Man Ordinary Shares will be listed on the Official List and traded on the London Stock Exchange in exactly the same way as the existing Man Ordinary Shares (which will be de-listed).

· This will be followed by a reduction in the capital of New Man to create distributable reserves.

I'm glad you understand the gobbly gook cause i'm b*****ed if i do, swapping names i can only assume, will it help the comp.........

If the Scheme is approved and becomes effective, New Man will change its name to Man Group PLC and, at the same time, Man will change its name to Man Strategic Holdings PLC with the result that Man and New Man will swap names and the new ultimate holding company of the Group will have the same name as the former ultimate holding company of the Group.

Looks like the market likes new Man, presumably because it provides more potential leverage for the company and the share needs to catch up the rising market. Nice rounded on the chart and looking good for 120-130p. H

broken through the 90p barrier......only 46p to go ..... yyeehaa (small one for now)

In @ 93.9 on the spreads target 120.0 stop 78.0 worth a wee punt.

Still in from 73.85 :-)

Good one skinny. Apart from last year obviously, historically this time of year made a few bob trading them.

quicky.....still abroad. Tipped on Investors Inteligence..........

http://www.investorsintelligence.com/x/marketdataindex.html?op=art&aid=351727&sec=7http://www.investorsintelligence.com/x/marketdataindex.html?op=art&aid=351727&sec=7

bought a few yesterday not many .....drat.

Trading update next thurs (18th Oct).

RBC note today:
"We believe Q3 net outflows accelerated. In Q1, Man reported $1.0bn in net outflows, which increased to $1.4bn in net outflows in Q2. In Q3, we believe that net outflows accelerated to $2.5bn and occurred across all product lines.
AHL still underperforming. AHL totalled $16.7bn at 30 June, or 32% of total FUM. AHL increased 2.5% during the quarter (MSCI World: +6.1%). However, on a year-to-date basis, AHL has declined 2.0% (MSCI World: +10.9%). We estimate that AHL remains approximately 12% below its peak on a weighted average basis.
Achievement of 2012 forecasts now at the mercy of the markets. Our 2012 forecasts are based upon $61.5bn in end of 2012 FUM. We forecast 30 September FUM of $60.0bn. We also believe that Man will continue to experience net outflows in Q4. Thus, in order to achieve our year-end FUM forecast (and thus our P&L forecasts, which are based upon our FUM forecast), Man will need to generate enough positive investment performance in Q4 to offset forecasted net outflows."

Broker Brief.....

11 Oct Man Group PLC EMG UBS Buy 0.00 93.40 110.00 110.00 Reiterates

110p SP target.

Interim Management Statement

Key points

· Funds under Management (FUM) at 30 September 2012 of $60.0 billion, up 14% since
30 June 2012 ($52.7 billion) with the FRM acquisition closing on 17 July, adding $8.3 billion to FUM

· Net outflows in the quarter of $2.2 billion with the increase compared to Q2 ($1.4 billion) concentrated in lower margin product lines (Institutional FoF and GLG long only)

· Positive investment movement of $0.5 billion in the quarter

- The majority of GLG alternative funds had positive performance in the quarter with the strongest performance coming from various of the credit and convertibles strategies

- Over three quarters of performance fee eligible GLG FUM at or within 5% of high water mark at end September

- AHL had positive investment movement of $0.3 billion; AHL was approximately 14% from peak on a weighted average basis at end September

· FX and other movements of $0.7 billion in the quarter, driven by the strengthening of the Euro against the dollar. The impact of guaranteed product rebalancing was slightly positive in the quarter

· Previously announced cost saving programmes remain on track

· Financial position remains strong with around $500 million of surplus regulatory capital at 30 September 2012