Member Info for Fatlad

has been mentioned a few times on this bb is the lack or dismal amount of directors buying by Man directors. Just been looking at QPP and its fantastic to see the support QPP directors have given over the past year and more despite a couple of desperate times. Now its believed that QPP is knocking on FTSE door, while Man keeps receding away from it. Maybe proves the point of recent posters that Man board requires replacing (desperately), we cant rely purely on GLG taking on some of dismayed AHL punters.

Just had time to catch up a bit amid all the current frustration. Firstly, that many of us get frustrated at the regularity that the price continues to fall from circa 90p (even when AHL appears to perform well), but then give it back in quick time. While I believe Man's price is vastly undervalued at 83p, Obviously, do not see it as being worth anywhere near to what the value of the shares GLG were given (approx 2.40p to 2.60p). While there may be another reason for the regularity of Man's performance, empathise with jackd's last sentence, as I too have had suspicions for quite a while. To the point that I now believe that the mm's also have had their suspicions. However, they are in a far better position to protect their interests.

AHL up over 1.6% since Monday, Man down over 2% since Monday. Makes a mockery of how AHL performance is important to Man's price.

Have just been able to catch up. I have nothing to add to the excellent posts, especially those recent ones of Charlies, MALTMAN & jackd. But when I have and I'm allowed to by London South East I shall not be 'robbed' of the opportunity by anyone. Keep up the good posts, I shall enjoy reading them when I can regardless of whether or not they are agreeable to me. There is a lot of sense said on this BB.

Thanks jackd, no problem as knew what you meant. My figures on AHL performance also a bit awry as daily prices don't always match weekly figures, they are only estimates. I have got my average down for the shares I left in EMG for the divi to well under £1 so I'm not in a hurry to sell at the moment as the comparative divi shares all seem to be near top of their price range. The money from Man shares I sold early in the year has done well in Lloyds & CWC. No divi from Lloyds but useful divi from CWC. Think big divis are now gone and will contemplate taking my trading money ouf of the London Stock Exchange in the future, as I believe too much fiddling going on and I do not do very much trading because of that. They've only got themselevs to blame.

AHL must have regained 2.6% over Friday & Monday as it was down 4.9% on Thursday. Will we see the relevant share price rebound? Especially as we have also had an Goldman Sachs reiteration of 102p & Confidence report from Citywire. Much rather not have AHL daily updates, but the mm's treat them as gospel.

Well done sir, you must be the best trader on LSE

Too SHORT to hold. gl you'll need it.

Thanks jackd, good to read your posts, even when I do go on about mm's being unfair, in my opinion. Thanks also for the links 2 of which are new to me.

Today's price movement supports my posts. Upgrade to 102p, Weekend statement that Man is undervalued and GLG & FRM still doing well yet totally ignored in favour of mm's adjusting the price because of lapse in AHL performance.

Hi Charlies, I'm assuming you are joking of course. Otherwise I don't understand why you single out my email from a raft of other posts all referring to AHL performances. Especially as I have only made 4 posts in the past six weeks or so. Joking aside, Market Makers almost invariably adjust Man's price in line with AHL's performance, reason enough for people to post on the subject of AHL. MM's rarely take GLG or FRM into consideration when pricing EMG, (I have commented on this fact quite a few times), and it's my opinion that the shorters have had a bonanza since Man decided to produce daily price performances of AHL, even more so while PLC was issuing weekly commentaries into what AHL was investing in. I have also said many times that EMG is at a false low price due to that and the fact that Man acquired GLG & FRM in the meantime but in my opinion have not been included in the share price.

There's certainly some volatility afoot as AHL is down another 1.4% to be losing 4.3% in 3 days.

Hi Peter450, thanks for condoning my point. Yes Man's share did crash a lot more than AHL in % terms and now when AHL has performd well over the past 3 months or so Man's price has not risen in the same manner. Hence its tatally fslse price.

Hi jackd, thanks for your input again. However, saying that the market is not logical and the reason why Man's price is so vastly illogically low takes some understanding . AHL now within 10% of AHL's May 9 level when Man' s price was around 125p yet it price is now only 87p, thats a whopping and totally illogical 30% lower. Not much time to say more, but is more needed.

Just looked up AHL and seen its est nav is up to 1.1245% and then looked at Man's share price expecting to see it over 97p as last time AHL was over 1.12%, (1.1209%), Man's price was 97p (June 5), but see it being held down to 88p. Something going on we should know about ?

Thanks for that, only took a couple of minutes on SP/S and as I said, I think there is something wrong with the figures. Well done you. Clearly it was my eyesight, never seem to spot those asterisks. Suppose I'll have to join the charlies. No offence meant.

Firstly, 3 directors of GLG including Manny Roman were given shares worth $3.50 in May 2010, roughly £2.40 or so a share. All 3 directors share allocation were with a 3 yr lock in which obviously ended May this year, when EMG's price had rocketed to 1.36p on the back of supposedly big gains by AHL. Then suddenly AHL begins to lose 'hand over fist' with a consequential dramatic drop in Man's price due to heavy selling, (many of those sells may or may not have been reported, according to more expert posters than me). However, having just looked at Digital Look figures, I see the following holdings for Man BoD, and I am puzzled that the b/e price for each director all calculate to be 90.75p which I have shown in the fourth column:- Notifier Holding Value* P/share Emmanuel Roman 19,629,418 £17,813,697 0.9075p Jon Aisbitt 1,681,251 £ 1,525,735 0.9075p Jonathan Sorrell 526,073 £ 477,411 0.9075p Andrew Horton 50,000 £ 45,375 0.9075p Nina Shapiro 28,258 £ 25,644 0.9075p Matthew Lester 22,692 £ 20,593 0.9075p Phillip Colebatch 10,000 £ 9,075 0.9075p Frederic Jolly 9,705 £ 8,807 0.9075p Not only that but holdings for 3 of the largest shareholders are shown as: Odey Asset Management LLP 74,813,322 £67,893,090 £0.9075 G&S Trustees Limited 64,157,809 £58,223,212 £0.9075 Legal and General Group 58,704,146 £53,274,012 £0.9075 Now I realise Odey bought lower. But I don't know about G&S or L&G. But they all break even at 90.75p as well. Anyone offer an answer? I am interested as I also have been trying to get my average down from £2.40 but haven't done anywhere near as well as it seems Manny has done even though I cant see evidence of his interim dealing. So I'm thinking something must be wrong with DL's figures. As I posted yesterday a takeover based on current prices would not be in my favour. (Just wish my mother had pushed me into becoming a financial jockey).

Good day indeed, hope jackdawsson is right, however worrying drop again 20min or so before the creation of the Proces & Performance indicating the 1.2 AHL fall. If a coincidence its getting a bit frequent.

FallingKnife. Takeover at these prices no good to me, if that's what you mean. Thought that was a bit obvious from my post. Maybe OK for you though.

Will they now knock Man's price down even though it hasn't yet gone up retrospectively for Tuesday's AHL 2% rise. Certainly cannot be just coincidence knowing how many times it is happening. Getting the inklings of a t/o bid happening but how can it be based on the true price.