Standard Life Shares

StevieJ

SL is through 200 on what has been a good day for the insurers.

sabretoothtigger

Yea cant complain really except I wouldnt mind if it went back to 230 or maybe some silly bid speculation or asset sales like barclays did and see 260

Its dropped back a bit now and within its march range roughly I think, still quite bullish
vwap is 194p

StevieJ

Do you know when Legal and General go ex div?

sabretoothtigger

Dividend History (NOT adjusted for any capital changes)PeriodEx-DatePay DateNet DividendCurrencyTotal for year H2 Dividend 15-04-2009 01-06-2009 2.0500 GBX 4.0600

http://www.sharecrazy.com/share2607share/share.php?disp=share&epic=LGEN


15th of april apparently

StevieJ

Cheers, I have sold Aviva and Lgen today so I should also have the divi coming as well.

sabretoothtigger

I also sold some shares friday after buying some (a bit, not enough) at the start of march, I still think the market might go up some more but overall I want to hold less long term then I have previously done


Looking forward:

Results

Around 140 companies, or 28% of the S&P 500 report results this week. Here are some of the highlights.




Big companies due to report results this week include Bank of America (BAC, Fortune 500), American Express (AXP,Fortune 500), Microsoft (MSFT, Fortune 500), Yahoo (YHOO, Fortune 500), IBM (IBM, Fortune 500) and Apple (AAPL, Fortune 500).

http://money.cnn.com/2009/04/17/markets/markets_weekahead/index.htm?source=yahoo_quote

StevieJ

"During the previous three months I was getting panicked calls from investors about the end of the world," said Jamie Cox, managing partner at Harris Financial Group. "Now those same people are saying 'we need to get in now before we miss it.'"

A contrarian buy signal if there ever was one

sabretoothtigger

The telegraph tipped Standard Life about 6 months ago when they were around 200p, they rose to 217p by time of publishing and then onto 280 before the awful fall we saw.

Now they've done the same, tipped them at 200. Dont bet on the same happening again though but its nice that everything they said back then hasnt changed just market and sector perceptions

Sunday tips round-up: Standard Life, Premier Oil, Bunzl

Times are difficult but Standard Life has taken steps to address this, and has a robust balance sheet. In the event of a 40pc drop in stock markets from their end-2008 levels, its surplus would be a healthy £2.9bn.

The mature UK market will be a challenge, but Standard Life has a number of joint venture agreements, such as in India and China. The shares can be volatile as 60pc of the company is owned by private investors following its demutalisation. However, investors should hold on for the long term, says the Telegraph.

Their asian business is not very much afaik. I havent heard about india raising the limit on outside involvement in life assurance, they have an election soon
On this side Prudential seems to have much bigger stakes in pacific markets but they also are in US where SL is in Canada and judging by the currency alone Canada is a steady bet where US is a potential black hole maybe

60% private investors is us lot I guess, no wonder the price is all over the place if guys on the forums are in control I read some guy sold his whole stake at 133p, thats herd mentality

Buddy195

sabretoothtigger wrote: »

60% private investors is us lot I guess, no wonder the price is all over the place if guys on the forums are in control I read some guy sold his whole stake at 133p, thats herd mentality

My god I bet he's regretting it now lol.
But if he'd have got the floatation shares like myself he got something for nothing. But with a bit of commen sense would have known to hold. Not sure how much longer I'll hold my SL shares, as think they're a good long term investment, but could well need their value to make life changing moves! :rolleyes:

baby_boomer

Good news from the Telegraph Stt

I'm a tad concerned for Standard's SIPP business, where they are a major player and have invested heavily, should the Chancellor abolish higher rate tax relief on pension contributions come Wednesday.

MSE thread - End of 40% tax relief on pensions?