Standard Life

follyfoot · 22 June 2006 at 9:07PM

I received a letter confirming 268 shares. it said i could hold, sell or buy more at a discounted price. what does the board recommend?

dunstonh · 22 June 2006 at 9:12PM

I will let you know after I look into my crystal ball.

Doonhamer · 22 June 2006 at 10:55PM

If you google Standard Life shares sell keep you will get a few hits from recent financial articles in the press about the subject. This might help you more than dunstonh's ball.

MiserlyMartin · 23 June 2006 at 1:06AM

Well if you keep them for a year you will get bonus shares. But the way the stockmarket is going right now I wonder if its more sensible to just sell them.

EdInvestor · 23 June 2006 at 8:39AM

MiserlyMartin wrote:

But the way the stockmarket is going right now...

And what way is that?

Check the chart

Including dividends, it seems to be up around 15% over the past year, as far as I can see. About three times the return on a savings account?

Doonhamer · 24 June 2006 at 7:10PM

Article in the Mail today advised keeping them.

Like anything to do with shares it depends on your personal view of the risk and how that influences your financial situation, you can listen to the advise of "experts" but have ultimately to decide for yourself.

NAR · 24 June 2006 at 11:34PM

Think I'll wait for the crystal ball results; if these so called experts got it right they wouldn't have to be writing articles for poxy papers! :beer:

Midas · 26 June 2006 at 4:36PM

Crystal ball

Just ask it your question!

MiserlyMartin · 26 June 2006 at 11:56PM

EdInvestor wrote:

And what way is that?

Check the chart

Including dividends, it seems to be up around 15% over the past year, as far as I can see. About three times the return on a savings account?

Surely then that would depend on how much your dividends are. But still down a lot to start of this year. I suppose you are a bullish investor with a lot resting on it. I take the view however that if the market lost all of the gains this year and even now is not much above Jans levels it could happen again and the worst could be yet to come. What would some more bad news from the USA do? And what if finally we raised our base rate?

I'm just a bear, sorry!

Milarky · 27 June 2006 at 12:42AM

My comment is that the the recent fall in the Stock market is liable to make SL shares 'cheap' compared to what they might have been only 6 weeks ago. If they are 'cheaper' then they are more likely to rise with that market recovery from the floatation price. Now am I making a couple of assumptions:

1) The market doesn't magically 'rise' (only later to fall) before the SL float date. It is of course free to rise after it.

2) SL shares will rise in line with other shares in its sector and will generally 'track' the FTSE.

Both these assumptions coulld prove unfounded of course. In particular as a single company share it is liable to be more volatile than the index.

follyfoot · 27 June 2006 at 12:19PM

Milarky wrote:

My comment is that the the recent fall in the Stock market is liable to make SL shares 'cheap' compared to what they might have been only 6 weeks ago. If they are 'cheaper' then they are more likely to rise with that market recovery from the floatation price. Now am I making a couple of assumptions:

1) The market doesn't magically 'rise' (only later to fall) before the SL float date. It is of course free to rise after it.

2) SL shares will rise in line with other shares in its sector and will generally 'track' the FTSE.

Both these assumptions coulld prove unfounded of course. In particular as a single company share it is liable to be more volatile than the index.

in that case it might be sensible to buy some more at the discounted price?

Standard Life

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