Standard Life Shares

sabretoothtigger

Certainly better then 2.70 yea

2.15 was the after hours auction price I think, it dropped after close. It would be nice to know the motivation because the ftse has been pretty quiet or level at least all week

Anyway it might shoot back up monday before open and the insurance sector didnt drop friday. I guess its just speculative activity causing it

52wk Range: 174.00 - 320.00

EPS Revisions [SIZE=-2]2008[/SIZE] [SIZE=-2]2009[/SIZE]





Down Last 30 Days 3 3

Last time I saw it at 2.15 it had dropped to like 2.05 briefly and recovered quickly. It was on the friday before citibank was rescued on the monday. So something closer to 2 pounds may be possible to get before it bounces from pure opportunity

Yorkshireman_3

sabretoothtigger wrote: »

Certainly better then 2.70 yea

2.15 was the after hours auction price I think, it dropped after close. It would be nice to know the motivation because the ftse has been pretty quiet or level at least all week

Anyway it might shoot back up monday before open and the insurance sector didnt drop friday. I guess its just speculative activity causing it



Last time I saw it at 2.15 it had dropped to like 2.05 briefly and recovered quickly. It was on the friday before citibank was rescued on the monday. So something closer to 2 pounds may be possible to get before it bounces from pure opportunity

GL with price if you decide to buy

sabretoothtigger

sl dropped dramatically last week, losing recent strength. Closing down further after hours on friday, the share opened unchanged.
Briefly rallyed on by some big buys before falling and levelling off at its opening price, after hours saw a further drop

Unsure why it is falling but today was fairly level overall. The banks are weak and life insurance was also down today.

This site does some maths and concludes a hold strategy. http://uk.stoxline.com/q_uk.php?s=sl.l
I would have to rank today as a positive as the share slowed its descent and only fell with the market overall though I believe the ftse will continue to drop back for the moment

whu

currently 209.75 - dropped a lot since about a week ago when it was around 260

sabretoothtigger

Yes in just 4 trading days its lost more then a fifth of its value but against that you have to say its performance before hand was unbelievably strong.

A strong rise often precedes a fall, in all parts of the market its common to see this happen especially recently


Even now you could not call it weak as its still outperforming the ftse on the year. My main concern is they are able to maintain the yield, its 5.5% against 4.6% average for the ftse so realistic enough to hold onto I would hope.
If that or earnings fall drastically then the price could suffer permanently and perhaps that explains the price fall.

GDP fell further then expected 0.6 vs 0.5, announced today. Also the pound is falling which in theory increases sl foreign earnings when carried back home (I think), so we have two contrasting elements to this share but the bias must be uk earnings?

All guesswork but volume today was half the average as you might expect on xmas eve eve.

If price falls below 200p then the next support level is 170 I presume and after that, should it really suffer in the january opening (last jan was the biggest jan fall ever apparently) then the next support is 140 Ive read, so dont sell at 145




http://uk.finance.yahoo.com/q/cp?s=%5ENMX8570
http://www.ft.com/cms/s/0/f0e534a4-d0dc-11dd-8cc3-000077b07658.html?nclick_check=1

Life assurance stocks best summed up the mixed mood in London, with Prudential and Aviva (LSE: AV.L - news) notching up some of the best gains of the day among Footsie constituents while Legal & General, Standard Life (LSE: SL.L - news) , RSA and Old Mutual (LSE: OML.L - news) suffered some of the biggest falls.

http://uk.biz.yahoo.com/081223/214/icv5r.html

sabretoothtigger

Im not paying for this but if it was a negative report then it might explain why the price has moved:

Analyst Research Report Snapshot
title: A textual analysis of Standard Life PLC's financials versus three other companies. Also included, for Standard Life PLC, are computed ratios, sales, earnings, and price history reports.
price: £13.00 provider: Wright Reports file info: Available for Immediate Download date: 22 Dec 2008 pages: N/A type: HTML companies referenced: SL.L

Number of analysts showing underperform for this share rose recently
http://markets.ft.com/tearsheets/analysis.asp?s=sl.l

Yorkshireman_3

whu wrote: »

currently 209.75 - dropped a lot since about a week ago when it was around 260

And 275

sabretoothtigger

ft says it was well above 280 which makes me wonder more why it would drop so much when its 'quiet' right now.

Anyone would think they were in the business of drilling oil the way it bounces round

Yorkshireman_3

sabretoothtigger wrote: »

Im not paying for this but if it was a negative report then it might explain why the price has moved:



Number of analysts showing underperform for this share rose recently
http://markets.ft.com/tearsheets/analysis.asp?s=sl.l

Hold andwatch SL come good again heheeh

sabretoothtigger

Got a RNS showing Compuserve holding has fallen below 3% threshold. They would be holding shares in nominee accounts for the original mutual owners of SL so I presume alot of small holders recently cashed in

Other (please specify):Holding is now below 3% (2.59% of the issued share capital)

Price also seemed to spike out of hours like it has in the past