Standard Life Shares

gt94sss2

The share price closed at 361p on Friday - I think this is a a new high (though it did reach 362p during the day).

Regards
Sunil

stulaunch

Just looked £371.50

Not sure wether to take the money and run, only shares i have, about 1000 and dont want to see them dive again.

Any thought? Wouldn't know where to put money either!

sabretoothtigger

You could sell half and put it into a ftse tracker. That would reduce risk of news to this particular company or sector and the dividends tend to be fairly high for FTSE still if needed for the income.


Personally I prefer more advantageous routes then holding plain ftse100. The allshare or FT250 even (which dont have sl in there) are others still uk quoted.

I found asia pacfic tracker to be best but many consider that risky, I dont


I was thinking of buying RBS to get a share of DLG 66% they still own (and will be selling)
Different kind of insurance but still rubbing shoulders, again RBS would be in FT100 tracker with others

StevieJ

Special dividend more or less doubling their yield for the year and 65% increase in profits, now we know why they are trading at £3.70+.

Full year results: Edinburgh headquartered insurance company Standard Life unveiled a significant 65% rise in operating profits, driven by strong growth in its core home market, and continuing growth at Standard Life Investments. "Standard Life has delivered a substantial increase in profitability and has a strong capital position supporting increased dividends to our shareholders," CEO David Nish said in the statement. For 2012, the group reported good progress in each of its businesses had been made, reflecting ongoing customer demand for its savings products. With an emphasis on reducing costs, in what remains a challenging economic environment, Standard Life said it had been able to increase its operating leverage within the business and in turn drive a significant improvement in profitability. Elsewhere, Standard Life Investments' reach and scale was reported as increasingly global, while the group's Canadian business is performing well under a new management team. In Asia, Standard Life is building businesses in its chosen markets and opening branches in Singapore and Dubai. On balance, market consensus opinion currently indicates a hold.

http://www.hl.co.uk/shares/shares-search-results/s/standard-life-plc-ordinary-10p?tab=security_research

gt94sss2

381.1p Ho Hum..

Regards
Sunil

stulaunch

http://www.bbc.co.uk/news/uk-scotland-scotland-business-21700984

Standard Life is to pay out more than £300m to
shareholders after posting a larger-than-expected annual profit.

Shareholders will benefit from a £302m windfall after the Edinburgh-based
business reported £286m in UK pre-tax operating profits, up from £156m.

Overall, the group made an operating profit of £900m, up from £544, the
previous year.

It also announced it will pay a special dividend of 12.8p per share, on top
of a regular payout of 14.7p.

Am i right in thinking then that we'll get 27.5p per share on the first dividend payment this year?

Old_Slaphead

stulaunch wrote: »

http://www.bbc.co.uk/news/uk-scotland-scotland-business-21700984




Am i right in thinking then that we'll get 27.5p per share on the first dividend payment this year?

No it'll be 12.8p + 9.8p = 22.6p.

Some of this year's divi has already been paid as an interim

sabretoothtigger

P/E 12.78

Google said 20 PE a week ago I think. So this reflects the better results I guess

I will just buy them on the next stock market crash, 1987 can always repeat
240 buy

In Asia, Standard Life is building businesses in its chosen markets and opening branches in Singapore and Dubai

I never thought they were building much in asia or I might be more optimistic

Canada yes, I thought our rubbish Sterling would benefit results. Seems its not moved much so thats not it

gt94sss2

Strong Q1 results announced today.

New Business Sales up 24% and a good increase in net flows and assets under management.

Interesting things happening to the share price - up more than 8.5% to 382.5p atm

David Nish, Standard Life's chief executive, said:

"Standard Life has made a strong start to 2013, growing sales, net flows and assets. Standard Life Investments reinforced its position as a leading asset manager, delivering a very strong first quarter. This included reaching a record level of third party assets, which now represent over 50% of total AUM, a more diversified asset mix and increased geographic reach."
"Our UK business had a good start to the year, and while the industry continues to see disruption as a result of the introduction of RDR, we have made a smooth transition to operating under the new regulatory environment with encouraging early indicators from both our corporate and retail customers and their advisers."
We remain confident that our business is well positioned for further strong and sustainable growth."

Regards
Sunil

gt94sss2

I can't read the article but gather Standard Life has been tipped by Tempus in The Times today.

Share price now over 391p (almost reached 395 earlier today).

Regards
Sunil