BUZZ-View from the buyside: Aberdeen AM likes cos with robust aftermarket

** Aberdeen AM's Bertie Thomson likes elevator co Schindler , lock maker Assa Abloy (Other OTC: ASAZF - news) , & engineer Weir which share the "razor blade model" of both selling products & providing a high degree of aftermarket service

** Schindler makes "ultimate high cost of failure product"; generates majority of profits from servicing elevators enabling huge visibility, & pricing power, says Thomson, senior investment manager of FM's Global-European Equity Fund (holds co)

** Holds Assa Abloy, has clear competitive advantage (world's biggest lock maker), high degree aftermarket (typically customers will return to key provider for replacement key/upgraded lock) & tech (big presence in hi-tech entrance systems)

** PM recently added to position in Weir, which makes valves & pumps for energy & mining industries & services its products (stock been weak on back of oil price rout)

** Thomson has been looking at a number of oil services cos including Schoeller Bleckmann which has hard to replicate products

** As a firm Aberdeen AM manages c.£323 bln of assets

** For more on Thomson's portfolio (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)