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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 :-)) ?


mitzy - 20 Feb 2009 11:39 - 46 of 954

Additional listing just announced that explains the 10% fall today.

greck0 - 27 Apr 2009 10:57 - 47 of 954

I would be interested to know if anyone owns EMG?
The core AHL business is as strong as ever, and most of the issues have revolved around the FoF business. I understand that all the FoF activities are being taken under one roof, though I am uncertain what the future will hold here.
My parents have lost 200k on this so far! A contact has said now is not the time to sell, but I do not see any immediate upside atm, and immediate gains can be attained elsewhere imo.

XSTEFFX - 27 Apr 2009 11:58 - 48 of 954

YES. GOT IN LATE MARCH 09.The world's largest futures brokers.

maggiebt4 - 27 Apr 2009 13:29 - 49 of 954

I have had a core holding for years But have also bought in and out. Am losing over half my investment atm But will continue to hold as I think there is more upside to come although think it will be some time before that happens. Unfortunately dead money atm, thankfully my holding is miniscule compared to your parents. What about selling some?

HARRYCAT - 27 Apr 2009 14:04 - 50 of 954

I see no reason to sell now (i.e at the bottom of a bear market).
Dividend yield is currently 3.9% & looks to be reasonably safe.
Hedge funds having a reallly hard time at the moment, with more regulation to come, but EMG one of the better ones, imo.

hlyeo98 - 28 May 2009 08:12 - 51 of 954

Man Group profit drops 86%, maintains dividend

LONDON (MarketWatch) -- U.K. hedge fund manager Man Group /quotes/comstock/23s!e:emg (UK:EMG 257.50, 0.00, 0.00%) said Thursday that its net profit for the fiscal year ended March 31 fell 86% to $503 million from $3.47 billion. The group said revenue fell 23% to $2.49 billion due to a sharp drop in performance fees. Excluding impairments and amortization charges, pretax profit fell 43% to $1.2 billion. The group said its funds under management at the end of March were $46.8 billion. That figure was $900 million below the level in a pre-close trading update because of a negative performance and the impact of exchange rate moves in the last week of March. Man Group said that since the end of the financial year it has seen strong demand from private investors and that there are signs of stabilization in the hedge fund industry. It added it will keep its final dividend unchanged at 24.8 cents a share.

HARRYCAT - 26 Jun 2009 15:46 - 52 of 954

Goes ex-divi on wed 1st july. 15.5p, current sp 274p which is approx 5.5%. Worth having in difficult times???

HARRYCAT - 30 Sep 2009 08:35 - 53 of 954

Business Financial Newswire
"Man Group said today funds under management at end-September are estimated at $43.8bn.

Sales for the period were an estimated $5.7bn, including $2bn in the second quarter from across the distribution network.

There was a significant improvement in redemption rates: $0.8bn from private investors and $1.7bn from institutions in the second quarter.

Investment performance added an estimated $0.6bn to funds under management in the second quarter, driven by positive performance in the multi-manager business and an improvement in managed futures.

Profit before tax was an estimated $280m (H2 2009: $121m; H1 2009: $622m).

Gross management fee income for the six months to 30th September 2009 is estimated to be around $650m. Net management fee income is estimated to be around $240m, reflecting the reduced level of funds under management. Net performance fee income is estimated to be around $30m.

Diluted earnings per share on total operations is expected to be around 12.5 cents and underlying EPS, which excludes performance fee income and exceptional items, is expected to be around 10.5 cents.

Man said the financial position remains very strong, with the regulatory capital surplus in excess of $1.5bn at 30th September 2009. "

XSTEFFX - 30 Sep 2009 18:45 - 54 of 954

OVER 330p

Stan - 30 Sep 2009 19:18 - 55 of 954

Yes, and probably more to come this week SP wise IMHO.

HARRYCAT - 30 Sep 2009 21:57 - 56 of 954

The only worry is if there is a big market correction as EMG would not be immune, imo.

Stan - 30 Sep 2009 22:16 - 57 of 954

Yes , but that applies to most share Prices.

HARRYCAT - 30 Sep 2009 22:26 - 58 of 954

Of course. I think EMG has huge potential and usually pays a good divi, but I just wonder if now is the time to be investing any large amounts of cash.

HARRYCAT - 06 Oct 2009 09:05 - 59 of 954

Interim results due 5th Nov. Steady growth atm & likely results will be good in comparison to previous.

Stan - 06 Oct 2009 09:31 - 60 of 954


XSTEFFX - 06 Oct 2009 21:37 - 61 of 954


Stan - 06 Oct 2009 21:41 - 62 of 954

Can you elaborate XS? -):

HARRYCAT - 06 Oct 2009 22:15 - 63 of 954

The graph in the header is a touch disappointing!

Stan - 07 Oct 2009 09:40 - 64 of 954

Agree H, rather annoying not to have a chart in opening posts, I'll try and get that changed.

XSTEFFX - 07 Oct 2009 12:35 - 65 of 954

STAN it makes me money. divi good too.
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