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Are you MAN enough? (EMG)     

Velocity - 20 Jan 2005 21:49

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 :-)) ?

Chart.aspx?Provider=EODIntra&Code=EMG&Si

Stan - 13 Oct 2017 07:44 - 937 of 960

Man Group reported solid growth in its funds under management on Friday, with the total standing at $103.5bn as at 30 September compared to $95.9bn on 30 June, and the board claiming rises of 28% in the year to date. The FTSE 250 investment management business said net inflows in the third quarter totalled $2.8bn, which were driven by "strong inflows" into alternative risk premia and emerging market debt strategies. Positive investment movement of $3.3bn was reported in the period.

HARRYCAT - 19 Dec 2017 10:52 - 938 of 960

Chart.aspx?Provider=EODIntra&Code=EMG&Si

Amazing how well this has done in 2017. Fell out of favour after the financial crisis, but still returning c3.5% divi & capital growth.

HARRYCAT - 25 Jan 2018 11:03 - 939 of 960

JP Morgan Cazenove today reaffirms its overweight investment rating on Man Group PLC (LON:EMG) and raised its price target to 225p (from 215p).

theqrimreaper - 31 Jan 2018 07:45 - 940 of 960

Good morning lads, I'm ramping this stock to 400 pence by December of this year.

HARRYCAT - 31 Jan 2018 10:08 - 941 of 960

Credit Suisse today reaffirms its outperform investment rating on Man Group PLC (LON:EMG) and raised its price target to 243p (from 195p)

theqrimreaper - 31 Jan 2018 19:29 - 942 of 960

BUY THIS TO 400 PENCE

theqrimreaper - 01 Feb 2018 20:16 - 943 of 960

400p

theqrimreaper - 02 Feb 2018 18:31 - 944 of 960

theqrimreaper - 05 Feb 2018 19:04 - 945 of 960

I think Fridays AHL return has to be the largest negative figure I’ve seen since I started keeping records here, January 2011!

HARRYCAT - 05 Feb 2018 19:33 - 946 of 960

I seem to remember that the AHL high frequency trading platform doesn't perform particularly well in times of high volatility.

theqrimreaper - 06 Feb 2018 18:59 - 947 of 960

Nothing to be said in our LONG favour here, except perhaps the 800,000 cancelled shares for today(!), AHL taking another massive FUBAR, down -8.59% in the previous two days.

theqrimreaper - 06 Feb 2018 21:16 - 948 of 960

theqrimreaper - 07 Feb 2018 18:33 - 949 of 960

HARRYCAT - 22 Feb 2018 09:51 - 950 of 960

Morgan Stanley today reaffirms its equal weight investment rating on Man Group PLC (LON:EMG) and raised its price target to 223p (from 149p).

HARRYCAT - 28 Feb 2018 08:18 - 951 of 960

StockMarketWire.com
Wealth manager Man Group swung to an annual profit after it boosted net inflows into its funds.

The company posted a statutory pre-tax profit of $272m, compared to a $272m loss in the previous year.

Funds under management grew by up 35% to $109.1bn, while 33% growth in net revenue was buoyed by growth in performance fees.

The company declared a final dividend of 5.8c per share, bringing total dividend for the year to 10.8c, up from 9.0c in 2016.

HARRYCAT - 16 Apr 2018 09:49 - 952 of 960

Share buy-back program
Man Group plc's (the "Company") policy is to distribute available capital surpluses to shareholders over time, by way of higher dividend payments and/or share repurchases, while maintaining a prudent balance sheet, after taking into account required capital (including liabilities for future earn-out payments) and potential strategic opportunities.

In line with this policy and the Company's previous announcement on 12 April 2018, the Board today announces that it has agreed to enter into an irrevocable, non-discretionary arrangement with J. P. Morgan Securities plc to repurchase, on its behalf, ordinary shares in the Company up to a maximum consideration of $100 million (the "Programme") and subject to certain pre-set parameters, during the period from 16 April 2018 up to and including 30 April 2019 (the "Execution Period"), including during any closed or prohibited period of the Company which may fall during the Execution Period. The purpose of the Programme is to reduce the share capital of the Company (any shares repurchased for this purpose will be cancelled) and to enable the Company to meet obligations arising from employee share option programmes, or other allocations of shares to employees of the Company or to members of the administrative, management or supervisory bodies of the Company or an associate of the Company (any shares repurchased for this purpose will be held in treasury). The number of shares to be acquired is estimated to be around 37.5 million* based on the prevailing share price and Sterling to US Dollar exchange rate as at the date immediately prior to this announcement.

A proportion of shares purchased under the Programme will be held in treasury and the remaining shares will be cancelled.

HARRYCAT - 16 Apr 2018 09:51 - 953 of 960

Numis today reaffirms its hold investment rating on Man Group PLC (LON:EMG) and raised its price target to 175p (from 160p).

HARRYCAT - 24 Apr 2018 09:42 - 954 of 960

Shore Capital today reaffirms its buy investment rating on Man Group PLC (LON:EMG) and raised its price target to 186p (from 175.50p).

HARRYCAT - 23 Jul 2018 14:11 - 955 of 960

Jefferies International today upgrades its investment rating on Man Group PLC (LON:EMG) to buy (from hold) and raised its price target to 214p (from 192p).

HARRYCAT - 01 Aug 2018 08:51 - 956 of 960

StockMarketWire.com
Wealth manager Man Group reported Wednesday an 18% jump in first-half profits after net inflows, funds under management grew modestly.

For the six months to 30 June, statutory pre-tax profit rose 18% to $90m from $76m a year earlier, funds under management grew by 4% to $113.7bn, while 5.4% growth in net revenue was supported by growth in performance fees.

Net inflows rose to $8.3bn from $8.2bn the previous year.

Funds under management growth were limited by negative investment movement of $1.7bn and an FX headwind of $2.0bn as the US dollar strengthened against most major currencies.

Adjusted profit before tax increased by 5% to $153m compared to first half of 2017, primarily driven by higher management fee revenue partially offset by lower investment gains.

The subdued funds under management and adjusted profit growth was attributed to a difficult market backdrop, adverse currency movements and rate movements.

'I'm pleased to report record net inflows of $8.3 billion, and a 26% increase in management fee profits. However, given the difficult market backdrop and weaker performance in the first half, FUM and adjusted profit growth were more limited,' said Luke Ellis, Chief Executive Officer of Man Group.

Third-quarter flows are expected be impacted by a $2.2bn redemption but that would not have a material impact of the group's management fees, the company said.

The company declared a final dividend of 6.4c per share, up from 5.0c last year.
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