Standard Life Shares

StevieJ

KenC wrote: »

If you dig out your documentation from the time of the issue, if I remember correctly, SL offer their own share dealing service for these shares.

It has changed though from the beginning, Computershare used to manage it now it is here:

http://www.standardlife.com/shareholders/shareportal.html

mobby-2554

I had a look at that yesterday but thought it was only to sell or buy at the initial issue.
Thanks.

sabretoothtigger

SL taken a bit of a fall back recently together with the market in general just in time for ex-div next Weds. Results werent bad?

Questor discusses their prospects here and rates them a hold *yawn*

http://www.telegraph.co.uk/finance/markets/questor/8374937/Questor-share-tip-Standard-Life-grip-on-UK-pension-market-key-to-growth.html

StevieJ

Why did SL fall nearly 8% in one day? the results looked OK.

sabretoothtigger

The price movement before and after expected news has to be taken into account. If it gains 8% before and loses 8% after then it was neutral news I guess.

Alot of price movement is in anticipation. Its hard to summarise but I think they are positive still

The company's asset manager, Standard Life Investments, also saw assets under management hit a record £71.6bn allowing the company to raise its total dividend by 6.2pc to 13p.

How does that compare to other asset managers. Is it comparable to EMG, they have a nice div

Mr Nish says 2011 will be the year he and his team "execute and deliver" their strategy, winning more new business in the lead up to December 31 when he says the group must be ready to reap its rewards. This is because of regulatory changes scheduled for 2012, including pension reforms that will see employees automatically enrolled into their existing employers' pension scheme or into a new system of personal accounts.

, the implementation of the retail distribution review will ban commission payments to intermediaries. As Standard Life already operates on the preferred fee-based model, it expects to steal a march as other companies are forced to alter their payment models.

positive


200 day average price is 215 or if market gets all negative from middle east and japan events then 191 would be force me to buy especially as its soon ex div but I dont expect any great fall. More of a slow plodder this one

Old_Slaphead

StevieJ wrote: »

Why did SL fall nearly 8% in one day? the results looked OK.

Read somewhere of "concerns on cash generation and future strategy". Figures looked ok and yield is good - pity they've gone nowhere since listing.

StevieJ

Wow, down from 245 to 203 in a week.

Thrugelmir

Investors Chronicle view.

Shares in Standard Life fell 5 per cent after the insurance and financial services group reported a modest 7 per cent increase in reported operating profits to £425m. This included a £59m credit arising from a change in pension scheme liabilities and a £5m reserves release, while the prior year's numbers were boosted by reserve releases of £63m.
Stripping these credits out, as well as the £43m rise in investment spend, and adjusted operating profits were 20 per cent higher at £404m. Acquisition expenses, which are the costs incurred writing new business, rose 11 per cent to £267m, although thanks to strong sales growth, costs expressed as a proportion of sales fell 0.22 per cent to 1.49 per cent.
Standard Life is one year into a three-year programme to revive the business, and a number of new initiatives have been launched including a corporate Isa, and a trust-based pension scheme. And this is already starting to pay off, with UK corporate pension sales reaching a record level. A total of 182 schemes were added, covering 72,000 employees.
The growth story reaches beyond the UK, with strong corporate sales in Canada doubling the group's market share to 21 per cent. Total assets under administration rose 16 per cent to £196bn, helping to boost fee-based revenue from £972m to £1.13bn.

Shares in Standard Life offer an attractive yield and are priced 28 per cent below embedded value, but they also trade on 20 times consensus earnings forecasts and 10 times on an European embedded value basis - well ahead of the sector average. Fairly priced.

StevieJ

I bought 30p and sold 55p some L&G shares a couple of years ago, I thought I had done quite well until I recently checked their current price Here is a comparison to the share performance of SL.

http://uk.finance.yahoo.com/echarts?s=LGEN.L#symbol=lgen.l;range=2y;compare=sl.l;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;

sabretoothtigger

Yes thats irritating when that happens. Look back over 5 years and SL is the one that performed best, LG just fell then recovered more

I think PRU is the one I regret not getting