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 :-)) ?

Cazenove comment :
Man Group have this morning announced the acquisition of Silvermine Cap Management, which is a US based manager of CLO's (collateralised loan obligations) with AuM of $3.8bn at the end of Nov. The deal is relatively small but is in-line with the strategy for bolt on acquisitions
 Small bolt on acquisition. Silvermine Cap Management, is a US based manager of CLO's which consists of a team of 17 focusing exclusively on managing US levered credit portfolios since its inception in 2005. Group AuM stood at $3.8bn at the end of Nov and run rate management fees and PBT were $17m and $8m respectively, hence the PBT equates to around 1.5% of Man Group PBT. Implied management fee margins of around 45bps.
 Consideration includes upfront and earn out. The consideration will consist of an upfront $23.5m and 2 further earn-outs of upto $16.5m after 1 yr and upto $30m after 5 years, with the amounts dependent on the level of run rate management fees. The deal will increase the regulatory capital requirement by around $45m.
 Acquisition in-line with strategy. Overall, the acquisition is relatively small but complements the expansion into the US, with the deal providing access to Silvermine’s distribution channel through investment banks. The use of surplus capital for bolt on deals is also congruent with management's previous indications to consider appropriate acquisitions ahead of returning capital back to shareholders.

Stop to entry for risk free trade. Needs to get a wriggle on sharpish.

Sp doubled in the year. What a change of fortune for this company.

NEW YORK and LONDON, 20 January 2015 -- Man Group plc announced today that it has completed the previously announced acquisition of Silvermine Capital Management LLC.

Stop to 169.69 to lock in + 20

enjoying the ride at +40p..... makes a change for me.,.

Nice one BB I was late to the party :0)

This lot have made a fortune betting on oil fall.

"Word in Mayfair is that the chaps at Man Group’s AHL Diversified fund have been quietly making out like bandits on the collapsing price of crude.

Sandy Rattray, who took a double-first from Cambridge, has overseen a strategy there that’s pulled in hundreds of millions of dollars for the fund, largely due to the oil price plunge."

http://www.independent.co.uk/news/business/news/oil-prices-the-hedge-fund-tycoons-who-took-up-short-positions-9995138.html

Joined you guys long late yesterday.

Long term chart shows plenty left.

I have followed this share for months, but never bought it as it always seems overpriced on projections.

I know it looks wrong, still seem the same RSI and MACD . Note it is up 2.5 and oil fall and QE.

Good luck.

I will enjoy your success!

Soon be back to £3 at this rate!!!

That would be very nice and welcome.,.

I'll reiterate my post 817 :-)

Based on the 5 year chart, not too late to jump on board!

There is a decent gap to be filled around 230p area from late 2011. I reckon that will be the first stop. There is very little resistance once 180p is passed.

Well, 180 reached.....just a case of a little consolidation at this level, hopefully....then 300p!

Can't disagree that those who were brave.....
-but it would be nice to see Dirs putting their own money into this . . . rather too many free-shares as I see it.
Note that Yield is now a rather thin 3%.

Broken through the 180p barrier, lets hope it holds.,.

Having another go. Results for the Financial Year Ended 31/12/14 25th Feb. SP reflecting 2011 levels now, with a fair wind 200p next target fingers crossed. Steady rise since Nov, bouncing on any dips off 25DMA since Dec.

LATEST BROKER VIEWS

Date Broker New target Recomm.
19 Feb Goldman Sachs 210.00 Conviction Buy