Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Has any one else received a letter from EQ headed: "Would you like to buy more or sell all of your abrdn plc shares"? The letter contained all the necessary forms to complete. Just found this a bit strange and totally out of the blue. If I want to buy or sell any shares, I make my own mind up at a time of my choosing. Just seems a bit odd to be asked this by an Asset/Investor Services Company. Or am I over-thinking the reasons behind this, if indeed there is one?
I get these from time to time in respect of several other holdings with EQ. Blasted nuisance.
Yes agree, especially as the charges are not very good, much more than my stock broker for quantities I usually get.
They are Just tying to drum up some profitable business.
BTW the fee to move to another broker is £15. So if you want to sell move first and pay your platform fee it will be cheaper than the 25p per share (about 15%) or max £50.
Moving before they put the charge up.
Aberdeen would do better to ask individuals to move to ii.
Equiniti are the bottom feeders of the market. In the process of moving my shares that I held with Standard Life for years away to my Freetrade account. For a view of how they're seen, look at their reviews on Trip Advisor. 166 and 167 out of 168 companies. 93% 1 star reviews
Equiniti are a dreadful company as illustrated by its clueless stint as a quoted company. When my father died he held all his shares in certificate form in joint names with my mother. Whilst shares held with Capita (now Link) and Compushare acting as registrar were changed into my mother's name free of charge with a photocopy of the death certificate, Equiniti insisted on a sealed grant of probate (cost over £500) and charged over £30 per holding. When asking for a copy of a missing share certificate for about £80 of Lloyds shares they wanted over £180 to replace and then another £30 to change to a sole name. It doesn't surprise me at all that they send out unsolicited spam mail. They're spivs.
Yep IAPR. I had a similar experience when my mother died last year. She had some shares in Lloyds Bank. I can't recall the exact figures, but they ended up keeping more than 50% of the value.
A dreadfully underperforming company with a dreadful BOD and an even more dreadful registrar. When they changed the name to Abrdn, investors should have known it was time to get out. Who in their right mind would call their company a burden, although that's probably about right as far as investors' portfolios are concerned. Getting on for 40% destruction of capital since the name change and about 30% down in the 16 years since Standard Life demutualised. No, the dividends don't make up for the loss, especially after what inflation and share buy backs have done to the capital. A step in the right direction would be to ditch EQ asap, but has the BOD got the sense?
I thought ABDN was short for 'Abandon all hope ye who enter here'. I must agree with you completely Richox. It's the worst investment I've made since Intu went bust. I'll wait for the interim results.
Look at Hargreaves Lansdown SP in 2019 and have a look at SL/ABRDN SP in 2019 HL worse than ABRDN so it not just ABRDN and HL are one of there competitors just the way the market is at the mo plus there sector is out of favour at the mo
I think there is something about to “ come out “ re abrdn and outflows, dividend will be cut.
I sold here about a year ago, but have been looking for a point to re-enter. Economic and political uncertainty and a currently unloved sector aside, it's very difficult.
I initially liked the announcement of the Interactive Investor acquisition, but ultimately they hugely overpaid in my opinion.
The other issue is the Phoenix proceeds. ABDN said back in Jaunary that they were going to be communicated to shareholders "as soon as practicable after the Company's results on 1 March", but have gone very quiet since then.
Unfortunately I think the days of simply paying a special dividend are over. The recent trend for any return of capital is to accompany it with a share consolidation (Avia, Pennon, Tesco etc etc) which doesn't do retail investors any favours at all.
I still have this year's full ISA allowance to invest and the 9% dividend yield at the current price is obviously tempting. I've just made a modest purchase at a fraction under 160p (almost exactly half what I sold for last year), but I'm keeping my power dry on ABDN. I have a feeling the current dividend policy could be "reviewed" and the lack of communication on the Phoenix proceeds does not bode well.
Good luck to all holders. DYOR.