Standard Life Shares

sabretoothtigger

145 would only be 16 away from the lowest point so I'd say its quite likely to happen at some time but surely not right now

The banks just got news of a massive subsidy by the government, we got a dividend coming up and I reckon the share price is consolidating right now, forming strength for a stronger rise however the market is broken, failed in investment terms and due a fall of at least 10 or 20% some say, so it would be easy to be wrong

sabretoothtigger

http://www.h-l.co.uk/shares/security_research/sedol/B16KPT4

Yorkshireman_3

sabretoothtigger wrote: »

http://www.h-l.co.uk/shares/security_research/sedol/B16KPT4

Would be interested to know who thinks this is a good time to buy SL shares Think they v low at moment :j

Yorkshireman_3

fatpig wrote: »

Alot further for it to go down IMHO. Along with all the other insurance companies.

Think this is one of the best ones - not frivellous like most of the others time will tell :A

sabretoothtigger

Its all about the market isnt it, east europe is turning into a episode of Mad Max maybe and it all has a knock on effect I guess


If you can predict the ftse going up then this would be good but otherwise its just going to get cheaper I guess, there is no bargain.
Yield must be pretty nice at the moment, I'd still rather have this then 1% savings rate

I dont think sl will collapse thats the main thing SL has fallen more then 40% from its peak which is worse then the ftse but over the last year its done much better

161 is a possible turn around point but I dont think it'll hold if the ftse drops another 5%. There might be a possible double touch situation developing tommorow where it will rise but hard to say if that is what happens


Besides the UK, Canada is SL's next biggest market and Ive heard they are in a good position. I'm not sure what exposure to europe they have but I dont think its big

fatpig wrote: »

Alot further for it to go down IMHO. Along with all the other insurance companies.

You are probably right in general but most people on this thread havent bought any shares for SL above 3 pounds and specifically SL has seen good eps growth since its flotation price, its resisted the sector falls mostly.
That could mean it is due a fall but at present the results dont support that




SL has lost 15% over the last year, the FTSE 33% and Life ins sector over 50% :eek:






http://www.iii.co.uk/markets/?type=sectors&period=year&orderby=change

sabretoothtigger

The day’s sell-off brought insurer solvency worries back to the fore. Legal & General tumbled 9.7 per cent to 36.3p, Aviva was down 7.4 per cent to 267½p and Standard Life fell 7.1 per cent to 161.9p.

Yorkshireman_3

tonygee wrote: »

In the unlikely event of some good news I expect the the downward trend to continue with financials taking the brunt
Yorkshireman,I would be very careful of putting more money into the same stock,if u like the sector spread youre money around AV PRU etc
This sector has been great for trading but it wont last and new lows seem inevitable
I would be interested if a panic led to SL @ sub 145 at which point +30% could follow

Allmost there today 152.70 --- hope ur + 30% is underestimated good luck all :beer:

sabretoothtigger

30% would be quite conservative really.

These are for rich/lucky people. Just putting it up for reference

http://uk.warrants.com/services/quotes/searchall.php?code=STANDARD+LIFE


The pricing seems to reflect a belief in a return to 220 if I read it right


Some discussion of the actual price in future here:
http://uk.warrants.com/services/news/daybyday.php?code=150239&family=WARRANT&typeul=SHARE&ullabel=STANDARD+LIFE


A sell signal for SL from this analysis :
http://uk.stoxline.com/q_uk.php?s=sl.l

tonygee_3

Hit 150 this morning
Now a 'relief' bounce lifting markets higher
AVIVA reporting tomorrow will influence sector

sabretoothtigger

Sterling Falls Back On QE Disappointment [FONT=verdana,arial,helvetica,sans-serif]1207 GMT [Dow Jones] After initial posting small gains on the BOE's widely flagged 50 bps rate cut and QE details the pound is beginning to slip. GBP/USD falls to 1.4070 from a high of around 1.4120, while EUR/GBP is some 20 ticks higher at 0.8925. It seems the market may be disappointed in the size and the timing of the planned gilt purchases.

Deutsche Bank Cuts Aviva To Hold From Buy [FONT=verdana,arial,helvetica,sans-serif]1151 GMT [Dow Jones] Deutsche Bank downgrades Aviva (AV.LN) to hold from buy, following full year results. Estimates tangible NAV to be 162p, below the bank's forecast. Cites higher default assumptions, asbestos reserving and other unrealized losses. "Aviva simply looks too high in comparison with sector peers," the bank says. "In view of the lower-than-expected IFRS NAV, we are now surprised that surplus solvency was as high at GBP2B at year end," it adds. Estimates that figure to fall to GBP1.4B, allowing for market fall and the final dividend of 33p. Lowers price target by 33% to 360p. Shares -31% at 197p.[/FONT]
[/FONT]MARKET NEWS:

FTSE 100 3561.76 -102.83 -2.31%
FTSE 250 6014.31 -103.90 -1.14%

London Stocks Steady After BOE Rate Cut [FONT=verdana,arial,helvetica,sans-serif]1210 GMT [Dow Jones] FTSE 100 holding steady following the cut in the BOE'S Bank base rate by 0.5%, taking the Base rate to a historic low. Charles Stanley economist Edward Menashy says given the reconstruction already undertaken in the banking sector regarding recapitalization, the ring-fencing of toxic assets and the insuring of other debt, the cut, combined with quantitative easing should give the UK "an excellent chance of overcoming the credit crunch."

TOP COMPANIES NEWS:

Aviva '08 MCEV Net Loss At GBP7.71B, Keeps Dividend [FONT=verdana,arial,helvetica,sans-serif]LONDON (Dow Jones)--Aviva PLC (AV.LN), the U.K.'s largest insurer by market capitalization, warned Thursday of further market volatility after investment losses and a new reporting standard caused it to swing to a massive GBP7.71 billion loss in 2008.[/FONT]
[/FONT]

http://www.djnewsplus.com/access/al?rnd=xP2LmMEqaiBl33znOMNeUw%3D%3D.
March 05, 2009 07:12 ET (12:12 GMT)