Roundtable Discussion; The Future of Mineral Sands. 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.
More than happy to see Canacords rating on the share price. Barclays & Canacord know their stocks.
Holding Up nicely and I note Barclays Capital reiterates overweight on Aberdeen Asset Management with a Target raised from 540p to 580p last Friday.
Agree Dave, and getting closer to that five quid !
Aberdeen Asset Management seem to be doing particularly well at the moment so fingers crossed this performance continues
The recent agreement will boost the fund manager’s assets from £200bn to £336bn and cement its position as a serious challenger to its larger US rivals, such as BlackRock. In the process, Aberdeen will overtake Schroders as Europe’s largest listed standalone fund manager.
Investment manager Aberdeen Asset Management has lost a court battle over the closure of an offshore scheme it used to shield employees' bonuses from tax, as Britain cracks down on tax avoidance. The Scottish Court of Session told Aberdeen to shut its Employee Benefit Trust (EBT), which saved senior staff 7 million pounds ($11 million) in income tax and National Insurance contributions due on 31 million pounds of bonuses paid between 2000 and 2003. The decision ends several years of dispute between the asset manager and HM Revenue and Customs (HMRC) over the legitimacy of the scheme, which was banned in 2003. Aberdeen is one of Britain's largest independent asset managers, with 202 billion pounds of assets at Aug. 31, according to the company's web site. HMRC had argued that Pay As You Earn (PAYE) tax and National Insurance should be paid on the bonuses, which were converted into shares under the complex trust. A First Tier tax tribunal blocked the EBT in 2010, prompting Aberdeen to launch a successful appeal to overturn the ruling in the Upper Tribunal a year later. In a subsequent appeal against that decision, three Scottish judges ruled last week in favour of HMRC and reinstated the 2010 decision. "We are disappointed that the court's decision has gone against us, but we welcome the fact that we can now draw a line under this issue," an Aberdeen spokesman said on Monday. "All amounts assessed by HMRC have previously been paid and the decision has no further financial impact on the group." Exchequer Secretary to the Treasury David Gauke, who is the minister responsible for HMRC, said he hoped the court's decision would discourage other companies from using tax avoidance schemes. "The government has made almost 1 billion pounds available to HMRC to tackle avoidance and evasion and to ensure that the minority who try to avoid their responsibilities pay the tax due," he said. HMRC has so far recovered 671 million pounds from over 600 companies which have settled their liabilities using the EBT Settlement Opportunity launched in April 2011.___LONDON, Oct 30 (Reuters) -
Some jump eh Guys ! The RNS offers great news and City suits working together, no doubt. Five quid on the cards wouldn't be a suprise.
Two more buys totaling nearly £2m. I take it the institutions are expecting this share price to keep heading North.
....if the guys that made the big buys new what was going to happen lol! £3m invested a couple of days before the price goes up .....nice £180k profit within two days (...if they sell that is!). Hope the price keeps heading up.
Yeah probably issue at close or above £5 a share. No downside here as far as I can see....The city seems to think so too..will open up high in the morning at a guess..
sp going south imo
She moving!
24 October 2013 ABERDEEN ASSET MANAGEMENT PLC (Registered in Scotland No. SC82015) Aberdeen Asset Management PLC (the "Company") notes recent press speculation and confirms that it is in discussions with Lloyds Banking Group PLC ("Lloyds") in relation to a possible acquisition of Scottish Widows Investment Partnership and the formation of a strategic partnership with Lloyds. The potential acquisition would add further scale and diversity to the Company's product range, thus complementing organic growth, consistent with the Board's strategy. If agreed, the acquisition would be funded through the issuance of new shares in the Company to Lloyds and additional deferred payments in cash, conditional on the performance of the partnership over a period of years. The proposed transaction would also offer substantial cost efficiencies and synergies. The Company would expect any transaction agreed to be materially earnings per share enhancing. It would also reinforce the Company's commitment to a progressive dividend policy and to return surplus capital to shareholders over time. There can be no certainty that the discussions will lead to any transaction or any certainty as to the terms on which any such transaction might proceed. Further statements will be made if and when appropriate. For further information, please contact: Maitland +44 (0) 20 7379 5151 Neil Bennett Tom Eckersley
Looks like the big boys see Aberdeen Asset Management making some good money soon if they are investing sums like this : Date Time Value 22-Oct-13 17:04:36 404.36k 22-Oct-13 16:49:11 1.132M
Well people in the know must be confident seeing someone bought £1.45m worth of shares at 416.3 a share today. I don't think you can get more confident than that!
Looking good over recent days. Fingers crossed for a continuation, and the Graph peaks line up nicely since September.
Just hit £4.10 for first time since July, and still rising, won't be too long before it gets to £4.40
One analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 476.26 ($7.64).
Shares in Aberdeen Asset Management have fallen by a fifth since the end of May. The fund manager has about 40% of its assets in emerging markets or Asian ones, and these saw a sharp flight of capital in the summer after indications that the US Federal Reserve would start to taper off its quantitative easing stimulus programme. However, the investment case for emerging markets remains as strong as ever, in terms of economic growth, demographics and the rest. Not only that, but most of the firm's clients are institutional, which means that they are less likely to run at the first sign of tensions. There is also the strong prospect of a return of capital to shareholders, probably a shares buy-back. So while quantitative easing, which is good news for such high-yielding stocks, will have to end some day, the current share price seems to be offering an attractive entry point. Buy, says The Times's Tempus column.
Just noticed Tempus of the Times views Aberdeen Asset Management as a Buy. That's a plus!
Hi Mogie, I thought the Interims read OK. We should see a steady increase in time. ( Hopefully! )
The RNS Directorate Change News was announced at 3:29 pm today and appeared to impact on the Share Price
Aberdeen Asset Management has appointed Akira Suzuki as a non-executive director. Suzuki is currently executive officer and general manager in the fund research and development division of Mitsubishi UFJ Trust and Banking Corporation.
big trade....
.