Standard Life Shares

sabretoothtigger

Yea thats got to kind of suck but I presume you saved any dealing charges? I prefer dividends in cash now though reinvestment is not a bad idea, I doubt we'll see them at 1.70 again


Next ex-div is mid march, not sure about results or news, etc


Just went to check the above and spotted this downgrade:

Morgan Stanley (NYSE: MS - news) downgraded European insurers ING , Standard Life (LSE: SL.L - news) and Aegon (Amsterdam: AGN.AS - news) to 'underweight' from 'equal weight,' and said the combined impact of equity market weakness, wide corporate bond spreads and tumbling interest rates is perilous for many insurers.

'We believe that the insurers are cyclically challenged rather than needing to reinvent the business model because of the current crisis,

http://uk.biz.yahoo.com/11122008/323/update-2-morgan-stanley-downgrades-ing-aegon-standard-life.html

whu

daviedee wrote: »

hi all when will we recive our allocation of dividend shares

Mine were reinvested yesterday - reinvestment price £2.5759 - current price £2.53

sabretoothtigger

Strange because they havent been that low till today

Yorkshireman_3

sabretoothtigger wrote: »

Strange because they havent been that low till today

Benifred wht price you willing to sell at ??

Yorkshireman_3

sabretoothtigger wrote: »

Strange because they havent been that low till today

Bennifred wht price you willing to sell at ???

Yorkshireman_3

does ne1 agree that these shares worth holding for medium / long term ??

sabretoothtigger

They seem to be a good hold and the price at 230 reflects that so dont expect massive growth in this terrible market, if they just stay afloat thats them doing excellent

Anyhow they sunk quite a bit lower today, down 10%
A real loss of confidence compared to their recent performance, maybe they'll spring back tomorrow I dont know as I have lost any feel for their recent movements tbh






SL vs the world. Strong correlation

Bennifred

Yorkshireman wrote: »

Bennifred wht price you willing to sell at ???

Weeell - call me madly optimistic (and don't laugh!:o ) but I'm hoping to see £3.50+, however I'm not in any rush and I am a complete have-no-knowledge amateur so don't laugh too loud!:D

How you doing?

sabretoothtigger

How can they get to 3.50 when the market is falling 40% though, that would be impressive. Just staying 2.30 must mean they were previously undervalued. I think alot depends on their international sales growth and that impressive hedge strategy

Bennifred

sabretoothtigger wrote: »

How can they get to 3.50 when the market is falling 40% though, that would be impressive. Just staying 2.30 must mean they were previously undervalued. I think alot depends on their international sales growth and that impressive hedge strategy

I did say I know nothing!:o But you never can tell.........(well, I can't, anyway, lol)