Member Info for Fatlad

Sure will, I'm expecting it to have a slight blip but not 1%. maybe today's trading will be more stable. Lets face it from March 6th AHL has made steady progress to being over 16% higher that is around 4%-5% from HWM and only 11% or so from its highest Est NAV that I can find . Not forgetting that Man' price then was around 600p not the 112p of today. So its Man's price that has to catch up dramatically.

still over $1.226 so weathered Mondays hiccup and retained an excellent profit on the week. Looking for it being stable for yesterday and improve again from today. In the mean time hope it finds & switches to another good trend. GLG slowly improving so for once am looking forward to the Interim statement.

Man had stated Share Repurchase was to go on to December. But GS rushed through buying back every day but one till RNS of June 20 informed us it was completed. Don't know why it was rushed through maybe we'll find out in results August 1 I believe. 1,756,241,351. shares remaining..

Hi bunks, thought you were still in. If you got out at the higher price then you've done well. I'm waiting for the higher dividend. Which depends a bit on AHL. However, AHL does not report until after 5.30pm today being Tuesday. As for the Man share price, as far as I am told its increase is due to the acquisitions and the Share Repurchase. It hasn't yet shown any increase for AL rising, (proof: just look at how many times Man SP actually fell after a gain by AHL), so why should it fall if AHL did stutter. In my opinion, Man's SP has yet to include the recent performances of AHL. Like I posted earlier that should be substantial, not forgetting what could happen when we find out the income etc at beginning of August. Not far off now. Smarting shorters are still at it, thought they would when I saw the spread at 7.40am today, 102 to 116 showing 109 as its mean price. Bit of a clumsy attempt at coding, I suppose they think we pi's are stupid. All MO based on MYOR.

From within an article in the link from ll Editor (lll) http://www.iii.co.uk/news-opinion/trends-and-targets/trends-and-targets-8072014 It can be seen that .LSE:EMG Man Group is regarded as heading to 153p but importantly, it needs CLOSE above 120p to signal the next part of the growth cycle is commencing. This could take a while. Could that be August 1 update?

Lucrative fees I feel that the mm's are giving us the last chance to get in before the update. Last year the hwm was given at somewhere between $1.28 & $1,3. However, I believe that the dilution in AHL funds could mean it is nearer the lower figure. The highest figure I can research for it having been is around $1.38, way back in 2006 when Mans share price was in the region of £6 a share. Since then, of course, Man Group has expanded with GLG, FRM, Pine Wood & Numeric.. So despite all that it seems we are in the region of 10% below highest AHL Est Nav and yet still 80% below high price. Strange!!!!!

Yet SP still lags AHL performance. Therefore, as, IMO, mms cannot confidently be accused of taking AHL's recent excellent performances into account in their valuation of Man's share price, do mms not believe Man management's AHL figures? If not, why not? Surely, after nearly four months of rising AHL performance, its time mms included AHL's performance in Man's share price. (Support for my query, just note how often Man's price drops just before when AHL results are due and does not rise when AHL's results show is up). Similar today, price drops, for no apparent reason, except for it being the expected time of AHL Daily result, 3.20pm, Man's price dropped quickly from 114.4 p to 113.2p but did not recover even when AHL was shown to have further improved to $$1.2350. With all there recent successes Man' price ought to be 123p not 113p.

But don't know what GS will have to say about it. '''might not let Man use their premises again'''. [joking of course].

As announced in March 2012, Man’s dividend policy going forward is to pay at least 100% of adjusted management fee earnings per share in each financial year by way of ordinary dividend. In addition, the Group expects to generate significant surplus capital over time, primarily from net performance fee earnings. Available surpluses, after taking into account required capital, potential strategic opportunities and a prudent buffer, will be distributed to shareholders over time, by way of higher dividend payments and/or share repurchases. Whilst the Board continues to consider dividends as the primary method of returning capital to shareholders, it will continue to execute share repurchases when advantageous. In line with this policy it is our intention to launch a $115 million share repurchase programme to return surplus capital to shareholders, which will be conducted over the remainder of the year. ...............end of.............................. My take of it . . . . . . . . To me that is saying the Ordinary Dividends will be paid out of Management Fees as posted by dduck. It also says that the existing surplus and expected surplus, [from Performance Fees],will be used to Pay Off Debt, and after taking into account required capital, potential strategic opportunities and a prudent buffer, will be distributed to shareholders over time, by way of [higher dividend payments] and/or share repurchases. So higher dividend fees could come from Performance fees. The share repurchase was a damp squib, for me at least.

Hi jackd, thanks for the mention. First and most important, if your issues are able to be, hope they are improved speedily. If not then hope they can be overcome and you are able to move on. Secondly, I believe the blip on Friday afternoon was triggered by a combination of a premeditated conspiracy by some illicit shorters, trying to recoup some of their losses, that was accommodated by mm's trying to get pi's to panic sell. (I had discussed with Bigel earlier on Friday that I suspected something like it might happen). I can see no other reason at all, especially as AHL had put on another 1.1 to rise to 1.2321, highest it's been for well over a year and when the share price rose to the 1.20's. Note!!! the shorting happened just before the AL results were made public). Without that shorting and manipulating, Man's price, in all logical reasoning, should have risen to around £1.20 and, as dduck posts, may have gone further up the 1.20's today.. Therefore, I feel we are being cheated. . . . . . . . . . . . . . . . . After previous discussions with you I am not against shorting, (as allowed in the rules). But I feel strongly, that, If done by company insiders then it can be nothing short of commercial/ industrial sabotage, (if not insider dealing). If done by others it can be a form of financial bullying by financial cowards. However, such wicked variations used by some just to feather their nests at the expence of many looks like it is going to get a big airing in public. Even lawmakers (MP's), are taking notice. Perhaps the law keepers (LSM) will be shamed into doing so and the illicit predators will not be so arrogant. In addition it is hoped that those lending shares, along with marketmakers, really ought to be made to share responsibility if their actions result in abuse of the rules. My opinion but seems to be shared by many.

Looks like I'm going to be wrong with a result of AHL performance like that. however, bodes well for next week. only 4% or so from the lucrative fund fees.

Just got to ask ourselves are there really investors who would not sell at 117p - 117.5 then within an hour or so lookt to sell at 112p- 113p. .........................Must be handling someone else's money not their own, (or 'Whitecoats' comes to mind). So who would want to just drop the price. Indeed who are the ones who could just drop the price. However, as I said earlier this is the opportunity for anyone who can take it.

Peril ....................................................................... As British Bulls seem to have more idea and suggest EMG.L MAN GROUP Confirmation Signal Pattern STAY LONG Last Pattern:NO PATTERN Last Close:113.8000 Change:+6.5000 Percent change+6.06% Signal Update Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 6/27/2014, 6 days ago, when the stock price was 101.8000. Since then EMG.L has risen by +11.79%. Market Outlook You may relax since our STAY LONG position is secure. The share price is above the confirmation level, and we still have the scope to let the profits run. The market action does not cast a serious doubt on the wisdom of going long.

Bigel: regarding Numis, be careful what we wish for as on 06-May-14 Numis Securities advised Buy Blnx with target of 201.00 That was a Reiteration ......................... Blnx price today is 33.5p. ......................................................Some target, some advice.

Against my reasoning of yesterday, staying around 115p would be great as we've to remember this is Friday and a lot of world turmoil is affecting peoples reasoning, not forgetting those troubled by the warring & warmongering. Big investors will be shutting down with that in mind and selling off shares just in case. A little bit later today then could still be a marvelous buying time knowing what we do now. Especially, as to me, it looking like the dividend will start to be increased and that's not far off and this share price has a long way to climb. Just my thoughts. We know Man's share price has much more support, and even if AHL just remains about stable just watch the shares go on Monday.

Thanks jackd hope you are doing OK, miss your logic and information. Bigel I would't mind being wrong.

I agree that with AHL having larger rises than its dips it could rise to HWM, (i.e. $1.28-30 with 20% or so fees), by Results schedule August 1. What price Man then? However, in perspective I reckon, (from the Drip feed historic prices available on Man web site), that Man's highest price was a little under £7 back pre 2008/9, (allowing for the 6 to 1 dilution in 2006 and the 7 for 8 consolidation in 2007). Whereas I believe AHL has been up to somewhere around $1.38. But, hey, Man has at least 4 acquisitions since that time so its price might not get to £7 but it should be a lot more stable as it rises from these depths. ........................ IMO could easily become £3 again. So I wait with bated breath like a well trained diver, (with a large air bottle). I'd be happy if they increase the dividend.

It has actually risen six consecutive trading days which is above average. There was a period not too long ago when it rose 7 times in 8 days but it was on the fifth day when it fell. From what I saw, after lunchtime, the price ranged from 115p to 115.5 until near to the AHL results then dropped quickly to very low 113p's, even though AHL showed almost stable. However, you are probably correct in your assertions as this price ought to be higher as many say.

Appreciate your views. Can't see it for tomorrow as a SP very rarely goes up more than 4 days in a row. But next week, in fairer circumstances, your views may come to light. GLA

See what I mean, Man's price has now dropped over 2% since the notice of that 0.2 drop in AHL. What a shambles LSM has fallen into. They do not seem to recognise fiddling / manipulation anymore from respectful business practices.