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 :-)) ?

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

(Reuters) - The world's biggest listed hedge fund company, Man Group (EMG.L), said on Friday it had agreed to buy the investment management business of NewSmith.

NewSmith, which is 40 percent-owned by Japan's Sumitomo Mitsui Trust Bank (SuMi TRUST) [SUMFGI.UL], has offices in London and Tokyo with four fund management teams investing in British, European, global and Japanese equities.

"The acquisition brings a new dimension to the firm, including a Japanese hedge fund and an excellent team in Tokyo, as well as adding further scale to our London business," said Luke Ellis, president of Man Group.

Britain's Man Group is looking to diversify its business and made a flurry of acquisitions in the United States last year.

It said the NewSmith acquisition would expand its equities businesses and provide further opportunities to manage funds for SuMi TRUST, which is one of its key clients.

The financial terms of the deal were not disclosed.

StockMarketWire.com
Man Group's funds under management rose by 35% to $72.9bn in the year to the end of December.

Gross sales rose 36% to $21.9bn while redemptions were down 6% at $18.6bn.

The group had net inflows of $3.3bn (2013: net outflows $3.6bn).

Adjusted profit before tax rose 62% to $481m due to higher performance fees and cost savings, partially offset by a decrease in management fees linked to a decline in the blended management fee margin due to a change in product and business mix.

Chief executive Manny Roman said: "2014 marked a year of progress for the Group with strong performance at AHL, a full year of net inflows, the completion of the restructuring programme ahead of schedule and several key acquisitions and hires that have materially enhanced our investment capabilities and our North American business. We saw the benefits from these initiatives as FUM increased by 35% and adjusted profits by 62%.

"Despite the strong performance across the AHL range in 2014 we do not expect to see a meaningful pick-up in demand for these products until later in the year, and this, coupled with a slowdown in sales across our discretionary strategies and the ongoing volatility of the markets in which we operate, means that we remain cautious in our near-term outlook.

"After the significant progress made against our strategic objectives in 2014, however, we are better positioned as a group to grow our business profitably over time. We have a more diversified offering to clients and a range of attractive options for growth. If we are able to deliver superior risk adjusted returns for our clients, as we were able to in particular in our quantitative business last year, we will be able to leverage our global distribution to grow our assets steadily."