Standard Life Shares

ReportInvestor

Standard Life had a pre-deadline deadline of 30th June. They promised to post certificates by Sunday 9th July (today) to all applicants who got their forms in early.

I assume this explains who has already got their certificate and who has not - nothing to do with surnames or buying extra shares.

Cheques were cashed at different times, too. There is some MSE evidence that early application cash may have gone out of accounts on Wednesday - and obviously they want to get in the dosh before issuing certificates.

The Sunday papers have mostly been quite positive about Monday's debut for the shares

And Justin Urquart Stewart thinks they might even soar to £3 :eek:

It is worth bearing in mind that [hitherto cautious] city commentators may have had a vested interest in pouring cold water on Standard's prospects in order to lower the price of the IPO so that they could get in cheap.

And now some may have a further vested interest in keeping down small shareholder expectations because the institutions have got to buy more stock over the next few months.

The real test is not what is said, but what will happen out there in the market on Monday .

Yorkshireman_3

May i just ask - if the shares go up to or above £3.00 should small share holders keep or sell?? Also is it a good idea to keep a endowment policy going or to have money invested in a bond with Standard Life.

ReportInvestor

Hi Ym,

Urquart Stewart has been easily the most bullish commentator to date, so I'm not looking for more than £3, if that.

£3 = over a 30% return on the preferential offer @218.5p and if I look like getting that, I'll probably forgo the 5% 12 month bonus on the "bird in the hand" principle.

Re do you keep your policy going?; it rather depends on the type of policy, how far it has to run, whether it has any guaranteed bonuses, are there any MVRs operating and what percentage of your particular segment of the with profits fund that is invested in equities.

This link will give you a few pointers over the next week or so

I think it's probably worth a separate thread from the issue of the value of the shares. And you will need to post loads more detail to get any informed comment. I assume from your question that you have both an endowment and a bond?

Yorkshireman_3

Monthly endowment is £50.00 - Its a Versatile Investment Plan. Started May2001 matures May 2016 - spread of investments monthly = 40% Managed Fund / 20% International Fund / 10% European Fund / 30% With Profits Fund. Also £5k Bond held since May 2001. Thanks for advice

ReportInvestor

Please start a new thread Ym as your question relates to a separate major topic.

Telegraph

Strong debut for Standard Life

THE SHARES OPENED ON MONDAY @ 242p

Victors_Bruvver

Anyone know of a link to a trading page where I can sell my Standard Life shares plaese?

RT7

Victors_Bruvver wrote:

Anyone know of a link to a trading page where I can sell my Standard Life shares plaese?

http://www.hargreaveslansdown.co.uk/Standard_Life_Flotation/

avoniel

Anyone have a link to up to date price? Thanks

calibrax

ReportInvestor wrote:

Please start a new thread Ym as your question relates to a separate major topic.

Telegraph

Strong debut for Standard Life

THE SHARES OPENED ON MONDAY @ 242p

I sold my shares through SL as I need the cash to clear some debts - I assume this means I will get 230p per share fixed? or will the sale be at some point during the day so I could either gain or lose?

calibrax

jmcateer wrote:

Anyone have a link to up to date price? Thanks

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