standard life share details?

edda

Hargreaves Lansdown are offering a free report about Standard Life - aimed at people who have investments with them and/or shares. See this link:

https://www.hargreaveslansdown.co.uk/Standard_Life_Flotation/index.asp?

HL are stockbrokers, so this will only be their opinion and it does mean giving them your contact details. However, the report might be worth reading - along with anything in the financial pages of the newspapers and websites (hopefully, aimed at those of us turned off by lots of jargon).

EdInvestor

Chrismaths wrote:

This is a company who have banged on for years about the benefits of mutuality, then because of their own incompetence have been forced into listing to shore up their balance sheet. I wouldn't trust their management as far as I could kick them up the with profits.

Actually the shower you're referring to were booted out some time ago and replaced with a new lot who have been turning the company round.So far their performance is quite impressive for the short time they've been in charge.

This was a very poorly run large company even in the lifeco world as you say - the new lot have put out the first profit and loss statement ever, can you believe it.:eek:

The City is trying its best to grind down the offer price, so they can buy their shares on the cheap - the index tracker funds in particular have no choice but to buy and most UK equity funds are in the same boat.

Members who want to sell might be wise to hold on for a little while for a better price,rather than selling at the first opportunity.This would force the City guys to pay more.Unless the markets plunge again in the next few weeks, the shares look potentially undervalued to me at the reduced offer price.

cheggers

Going to buy £1500 of SL shares, through the discount offer.

I am not happy with the charity donation they will make on my behalf with the small change that will be left over from purchasing the shares. If I am going to give to charity I'd rather be given the choice and donate to my own chosen charity.

I believe personally the shares will touch £3.00 easily, all pension funds and tracker funds will have to buy into SL so the share price can only rise.

Does anyone know the floatation prices or Halifax, Abbey Nat, Norwich Union, friend provident and there current prices, just like to see how much these have gone up in recent years.

Narva

Please help, we have recived the pack this am, and i am so confused what to do. We have 341 shares, if we keep and hold of for the extra shares after a year we only gain 12.00. I can buy £1000 (interest free card) at reduced price, but what is the reduced price? will i make any money? Should we be selling our shares to them as surely they will give us a lower end price for each share? would i be better off keeping them, waiting for them to reach 2.80 then sell? how much will it cost me to sell them? How do i sell them. I know its lots of question but I am so new to this, i have just cashed in my virgin shares so now shareless!!

many thanks to you if you answe these. I am not asking for the definative answer, just advise.

cheggers

Narva wrote:

Please help, we have recived the pack this am, and i am so confused what to do. We have 341 shares, if we keep and hold of for the extra shares after a year we only gain 12.00. I can buy £1000 (interest free card) at reduced price, but what is the reduced price? will i make any money? Should we be selling our shares to them as surely they will give us a lower end price for each share? would i be better off keeping them, waiting for them to reach 2.80 then sell? how much will it cost me to sell them? How do i sell them. I know its lots of question but I am so new to this, i have just cashed in my virgin shares so now shareless!!

many thanks to you if you answe these. I am not asking for the definative answer, just advise.

Please NOTE the value of shares can go up and down you are not forced to make money, you could loose money.

I'd never advise anyone to buy shares with money they do not have. e.g a interest free card.

In the pack it tells you all about buying & selling the shares, I suggest you read it fully.

Noboady knows the share price till the 9th July (this was in the pack), if you buy the shares you get them at 5% discount of the list price.

If you buy more shares, you should find out after the 9th July how many shares you have been issued and at what price.

It will probably cost about £15 to sell your shares.

My advise would be read your pack fully, and only invest what you can afford to loose.

edda

cheggers wrote:

Does anyone know the floatation prices or Halifax, Abbey Nat, Norwich Union, friend provident and there current prices, just like to see how much these have gone up in recent years.

Have a look at this link at Motley Fool:

http://www.fool.co.uk/news/comment/2006/c060620d.htm?source=ioowfeml0040012

Midas

Narva wrote:

I can buy £1000 (interest free card) at reduced price, but what is the reduced price? .

You'd be crazy to borrow money to buy shares in a company like standard life, very risky indeed. The 5% 'discount' could be wiped out on the first day of trading.

Midas

edda wrote:

Have a look at this link at Motley Fool:

http://www.fool.co.uk/news/comment/2006/c060620d.htm?source=ioowfeml0040012

Useful link edda, thanks. People should note that the company most like Standard Life (Friends Povident) has seen its share price fall since floatation.

EdInvestor

Floating just as the bear market got into full swing during mid-2001, only Friends Provident (LSE: FP.) has disappointed its investors.

Not really comparable:FP floated just before the worst crash in a generation. I don't think anyone thinks the market is about to collapse again right now.

edda

edda wrote:

Hargreaves Lansdown are offering a free report about Standard Life - aimed at people who have investments with them and/or shares. See this link:

https://www.hargreaveslansdown.co.uk/Standard_Life_Flotation/index.asp?

HL are stockbrokers, so this will only be their opinion and it does mean giving them your contact details. However, the report might be worth reading - along with anything in the financial pages of the newspapers and websites (hopefully, aimed at those of us turned off by lots of jargon).

Just had an email saying the report has now been published. Only 4 pages and there are some summaries inlcuded, so worth reading.

Also, there's a 2nd thread in this area about S. Life shares. See:

http://forums.moneysavingexpert.com/showthread.html?t=215471