Standard Life Shares

sabretoothtigger

Wish I did have more money, got to earn it first by being correct on timing of these shares tbh. The rise is good but the overall trend might still be down, will we see 230 again
I think of it as the rise and fall of the waves back and forth, if the tide is going out then its not good news overall but its hard to see immediately




Bank sector vs SL

Seems quite alot of correlation to me, the insurance sector is moving with the banking sector for similar reasons I guess

Its bounced off 170 last week and recovered to 200, its travelled this range quite a few times now and finally settled at 202 tonight which is nice because it might hold above 200 hopefully, I guess that depends on factors like Barclays results on monday 9th feb

stoxline rates sl a buy now

sabretoothtigger

Another link and list of SL fundamentals here:
http://www.investorresearch.mdgms.com/factsheet/factsheet.html?ID_NOTATION=15198473


Main interest is a list of forthcoming company events like 12th march prelim results but also this wednesday is 'Q4 2008 Trading statement' which is not something previously on my radar.

Fasten your seatbelts

sabretoothtigger

FP released some results today

Friends' better-than-expected 2008 sales were driven by its overseas operations, where sales rose 19 percent to 456 million pounds, outripping the 394 million pounds pencilled in by analysts. UK sales fell 27 percent to 549 million pounds, just ahead of the average analyst forecast of 531 million pounds.
The company had sales of 304.6 million pounds in the fourth quarter of 2008, down 4 percent compared with a year earlier.

FP is headed by a former SL man. They've fallen 50% over the year and made back 11% today on these relatively positive results.

Similar to SL they are benefiting from those international sales greatly



The banks held their ground today and SL consolidated and strengthened above 200, ending on a high with the sector which is pretty good news.
However the market is still turning and may fall further depending on all these results being announced, sl is tomorrow at 7am


The debate on SL 'cash' fund rolls on here:
http://forums.moneysavingexpert.com/showthread.html?t=1418087

Yorkshireman_3

sabretoothtigger wrote: »

FP released some results today

FP is headed by a former SL man. They've fallen 50% over the year and made back 11% today on these relatively positive results.

Similar to SL they are benefiting from those international sales greatly



The banks held their ground today and SL consolidated and strengthened above 200, ending on a high with the sector which is pretty good news.
However the market is still turning and may fall further depending on all these results being announced, sl is tomorrow at 7am


The debate on SL 'cash' fund rolls on here:
http://forums.moneysavingexpert.com/showthread.html?t=1418087

Just to say ive decided to set my sell at £3.20 if reached before 24 Apr 09 -- wish me luck --- that said if i get my price and SL shares fall again ill be buying again Hope this year in spite of the credit crunch is a happy one for all people watching SL share price.:beer:

StevieJ

Just a thought why do you keep quoting when there is only (more or less) you two on here

Bennifred

Good luck!:beer:

epninety

Yorkshireman wrote: »

Just to say ive decided to set my sell at £3.20 if reached before 24 Apr 09 -- wish me luck --- that said if i get my price and SL shares fall again ill be buying again Hope this year in spite of the credit crunch is a happy one for all people watching SL share price.:beer:

If it hits £3.20 in the next three months, I'll probably sell too, once I've got over the shock! :rotfl:
Can't help thinking I should sell some and buy into something that's (even more) on the floor at the moment, but just have no idea what exactly.

StevieJ

Where have you all come from :rotfl:

sabretoothtigger

3.20 yes why not Takeover or short squeeze excluded realistically I cant see how.
You could move sideways in the sector and consider Pru or friends provident where the chief is a SL man, both did well today but overall have halved since last year, unlike sl

I think Yorkshireman is with compuserve where setting a sell order is free to do, worth a punt in case of a spike

StevieJ wrote: »

Tell tou what, those Standard Life are predictable, buy at 190 sell 250

Yea in theory, safer then investing in bank stocks directly as sl always seems to return to zero (ipo price) unlike the banks. They released some 4th quarter results today and rose 10%
At some point I fear SL price range will be rebased in value, ie. the top end becomes 230 instead of 250

LONDON, Jan 28 (Reuters) - Standard Life Plc Finance Director David Nish during conference call with reporters:

# STANDARD LIFE PLC FINANCE DIRECTOR SAYS OBJECTIVE IS TO HAVE PROGRESSIVE DIVIDEND POLICY, TO UPDATE FURTHER IN MARCH, EXPECTS GOOD SET OF 2008 RESULTS



Standard Life (LSE: SL.L - news) follows swiftly in the footsteps of Friends Provident (LSE: FP.L - news) to report fourth-quarter figures. Expectations are for a fall of around 5% in new life and pension sales overseas for 2008 while the slide in UK business could be even more severe.


The Edinburgh-based life assurer said it expected to beat estimates of its return on embedded value [RoEV] for 2008 as it [today] reported a 6 per cent fall in global new business.


The group said UK life and pensions new business fell by a quarter to £2.38 billion in the final three months of 2008.
It suffered an 80% plunge in protection sales in the quarter, while pensions business dropped 28% and savings and investments was off by a fifth.
The fourth-quarter falls left full-year UK life and pensions sales down 9% at £12.2 billion, said Standard Life.







The group said its regulatory required capital "buffer" stood at £3.5 billion - more than the £3.4 billion reported at the end of September thanks to "extensive" hedging measures taken to protect against equity falls.

Impressive hedging and cashflow there but 1% higher fall in sales then expected


http://www.google.com/hostednews/ukpress/article/ALeqM5gqCsjcqwbcVmq1onHEqTa0GbLC3A

In India, sales increased by 4%3,4 on a PVNBP [Present value of new business premiums] basis and by 40%3,4 on an APE basis. Standard Life's share of these sales was £345m (2007: £187m)2.

http://ukgroup.standardlife.com/content/news/new_articles/2009/2008_q4_nb_announcement.xml




Btw the chief exec got knighted today, its sir sandy to you now

VX_Foxy

StevieJ wrote: »

Where have you all come from :rotfl:

I'm here too Always keeping an eye open for Sabre's posts - keep at it :T

FWIW I got out a few weeks ago at 248...will keep watching with interest.