Standard Life Shares

sabretoothtigger

Im strictly an amateur also, but they say dont invest if you dont understand and I was puzzled by the recent price at 2.70 nevermind if it went higher.

So I would only invest in this case with a target of 2.30, a strategy to hold for their good yield and the bonus possibility of selling if prices like 2.70 are reached again

Todays big news was the car rescue which came with open of the american market. In theory its a massive positive at least in the short term but its also obvious news and I think I've learnt to be cautious with anything obvious because the market looks ahead its probably a better explanation of the 2.70 then any reason to expect a rise today and in fact sl tanked again, falling about the same as yesterday.

Maybe we'll see a delayed response and a rise next week
I'd expect light volume round xmas but todays volume in sl was 71% over average trading, I fail to see the rush tbh

5% yield, 70p fall in 9 days, volatile shares it seems


They have come full circle since this article

31st oct Standard Life

213p +13p

Questor says Hold

Standard Life yesterday became the latest insurer to insist it was in good financial health, although its nine-month worldwide life and pensions sales proved to be something of a disappointment.

The Scottish insurer unveiled pension sales of £12.4bn, creeping up from £12.3bn. Analysts, meanwhile, had a consensus prediction of £12.6bn.

The blue-chip company is clearly continuing to experience difficult conditions in the UK, a mature market where life and pension sales fell 5pc to £9.8bn. Fortunately, Standard Life's international operations have held up well, particularly in the Asia-Pacific region where it has joint-venture agreements in India and China.

It was not its overseas prospects that lifted the shares 7pc higher though, but Standard Life's attempts to dispel recent concerns that insurers could be the next sector to be hit by the financial crisis. Chief executive Sandy Crombie insisted the balance sheet is "both strong and resilient".

The group's conservative investment management policies put into place over the past few years have been wise. Insurers are required by regulators to set aside money, but Standard Life revealed that as of September 30, it had a buffer of £3.4bn above what is required – far higher than its peers. Standard Life said a further 40pc tumble in equity markets would still leave it with a £1.9bn surplus.

The sales figures are disappointing, as is Standard Life's outlook that "conditions across all our markets remain difficult". But with such a large cash pile set aside for a rainy day, Standard Life is better positioned than rivals to see out further market volatility. Trading on just under eight times earnings, the shares are worth holding on to.

http://www.telegraph.co.uk/finance/markets/questor/3288306/Shell-battens-down-the-hatches---but-stay-aboard.html


Other shares they say to hold and avoid on the same page have risen 9 and 13% respectively



http://markets.ft.com/tearsheets/performance.asp?s=sl.l&x=0&y=0&vsc_appId=ts&ftsite=FTCOM&searchtype=equity&searchOption=equity

http://www.digitallook.com/companyresearch/186960/Standard_Life/company_research.html?

http://uk.finance.yahoo.com/q?s=SL.L

Yorkshireman_3

Bennifred wrote: »

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?

Doing fine at the moment sold some i bought to re-sell and made a small profit but like you holding majority of my shares medium/long term £3.50 plus will come -def - i've a bond and regular endowment with SL and confident they will prove good. I know current thinking over last 5yrs or so is endowments are no good but ive a couple and have always had them -over the past 30 + yrs -- they hve always been a good asset to have as far as im concerned. Btw not laughing - there are lots of investors that have none or little knowledge of the stock market -- me included Anyone else want to confess to not being an expert ???

Yorkshireman_3

sabretoothtigger wrote: »

Im strictly an amateur also, but they say dont invest if you dont understand and I was puzzled by the recent price at 2.70 nevermind if it went higher.

So I would only invest in this case with a target of 2.30, a strategy to hold for their good yield and the bonus possibility of selling if prices like 2.70 are reached again

Todays big news was the car rescue which came with open of the american market. In theory its a massive positive at least in the short term but its also obvious news and I think I've learnt to be cautious with anything obvious because the market looks ahead its probably a better explanation of the 2.70 then any reason to expect a rise today and in fact sl tanked again, falling about the same as yesterday.

Maybe we'll see a delayed response and a rise next week
I'd expect light volume round xmas but todays volume in sl was 71% over average trading, I fail to see the rush tbh

5% yield, 70p fall in 9 days, volatile shares it seems


They have come full circle since this article
http://www.telegraph.co.uk/finance/markets/questor/3288306/Shell-battens-down-the-hatches---but-stay-aboard.html


Other shares they say to hold and avoid on the same page have risen 9 and 13% respectively



http://markets.ft.com/tearsheets/performance.asp?s=sl.l&x=0&y=0&vsc_appId=ts&ftsite=FTCOM&searchtype=equity&searchOption=equity

http://www.digitallook.com/companyresearch/186960/Standard_Life/company_research.html?

http://uk.finance.yahoo.com/q?s=SL.L

17.4 Billion to rescue the american car industry and what hve we got 'Peter Mandelson' hehehe --god help us

M271

I must admit that the SL share price changes seem to have a mind of their own, with wild swings of 20%+ up and down in a matter of days on a regular basis when the overall stock market varies less.
I have also noticed that the price rises at the time of DRIP re-investment (11/12/08 this time) share allocation and then falls sharply everytime.

Yorkshireman_3

M271 wrote: »

I must admit that the SL share price changes seem to have a mind of their own, with wild swings of 20%+ up and down in a matter of days on a regular basis when the overall stock market varies less.
I have also noticed that the price rises at the time of DRIP re-investment (11/12/08 this time) share allocation and then falls sharply everytime.

Ive a few shares in Pendragon but unless Peter Mandelson get his !!!! (excuse the expression) in gear it will go under

Yorkshireman_3

Yorkshireman wrote: »

Ive a few shares in Pendragon but unless Peter Mandelson get his !!!! (excuse the expression) in gear it will go under

i said a r s e in gear but wouldnt let me say ehhehe

Yorkshireman_3

M271 wrote: »

I must admit that the SL share price changes seem to have a mind of their own, with wild swings of 20%+ up and down in a matter of days on a regular basis when the overall stock market varies less.
I have also noticed that the price rises at the time of DRIP re-investment (11/12/08 this time) share allocation and then falls sharply everytime.

Why does it not let me say A..E --we all know hes gay but -- that shouldnt stop comments ???

Yorkshireman_3

Bennifred wrote: »

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

Everything down today - as far as my holdings go -- except yell :d but they got a lot to do to make me a profit All i got is a gambel at my age only excitement i get --- win or lose ehehehe

Yorkshireman_3

Yorkshireman wrote: »

17.4 Billion to rescue the american car industry and what hve we got 'Peter Mandelson' hehehe --god help us

WSo your buying some shares now??

Yorkshireman_3

sabretoothtigger wrote: »

Im strictly an amateur also, but they say dont invest if you dont understand and I was puzzled by the recent price at 2.70 nevermind if it went higher.

So I would only invest in this case with a target of 2.30, a strategy to hold for their good yield and the bonus possibility of selling if prices like 2.70 are reached again

Todays big news was the car rescue which came with open of the american market. In theory its a massive positive at least in the short term but its also obvious news and I think I've learnt to be cautious with anything obvious because the market looks ahead its probably a better explanation of the 2.70 then any reason to expect a rise today and in fact sl tanked again, falling about the same as yesterday.

Maybe we'll see a delayed response and a rise next week
I'd expect light volume round xmas but todays volume in sl was 71% over average trading, I fail to see the rush tbh

5% yield, 70p fall in 9 days, volatile shares it seems


They have come full circle since this article
http://www.telegraph.co.uk/finance/markets/questor/3288306/Shell-battens-down-the-hatches---but-stay-aboard.html


Other shares they say to hold and avoid on the same page have risen 9 and 13% respectively



http://markets.ft.com/tearsheets/performance.asp?s=sl.l&x=0&y=0&vsc_appId=ts&ftsite=FTCOM&searchtype=equity&searchOption=equity

http://www.digitallook.com/companyresearch/186960/Standard_Life/company_research.html?

http://uk.finance.yahoo.com/q?s=SL.L

Probably a good point to buy in at dont u agree?? £2.15