Standard Life Shares

ReportInvestor

Standard Life reckons it's geared up for future trends with its SIPPs and WRAP accounts.
Yahoo link - Insurers, Baby Boomers and Silver Savers

Yahoo - HSBC upgrades Friends Provident to overweight from neutral
"...[HSBC]feels [Friends Provident] shares could be a useful proxy for weighting in the UK life sector if Standard Life and Resolution are added to the index in September..."

Standard shares ended an odd day by flatlining at 267p.

ReportInvestor

269p at mid-day - in sight of another closing high?

bugbod

Hopefully they'll keep up the good work!:D

ReportInvestor

Yahoo/Reuters

Standard Life and Resolution set to enter the FTSE

Rentokil & Schroders expected to drop out.

268.5p is a new closing high .

wearside_2

Standard Life shares are like any other shares and go up and down. In my opinion, if you check the price daily you will go nuts! I leave will leave them for a few weeks and then see what the price is!

Gorgeous_George

That's fine but I am close to selling and it is likely that I will abondon ship as soon as SL fails to outperform the FTSE. I agree, if you are keeping the shares no matter what, there is no need to monitor the price so closely.



GG

ReportInvestor

Telegraph

Standard to enter the FTSE 100 after flotation drives surge in value

"Insurer Standard Life is poised to enter the FTSE 100 following confirmation today of the quarterly reshuffle of the index.

The group, which floated in July ending 80 years as a mutual, had a market value of £5.65bn at yesterday's close. That is enough to catapult Standard Life into the index from September 18, when the changes take effect.

David Buik, of Cantor Index, said: "It's an absolute nailed-on certainty. It's got a market cap of over £5bn and anything of that size is a no-brainer."

Standard Life's shares have risen 16.7pc to 268.5p since the flotation at 230p. Mr Buik said: "It's had a pretty good run for a company that has had a chequered past."............

..........Roman Cizdyn, an analyst at Oriel Securities, said: "There aren't that many people who track the FTSE 100, most people track the All Share."

But Mikir Shah, an analyst at Fox-Pitt, Kelton, said: "There is still a very large retail investor base and the liquidity isn't there for the trackers." A Standard Life spokesman said around 75pc of the shares were held by retail investors and 25pc by institutions......"

## - Good old Roman . He sounds like he's clutching at straws now. Having got the reputation as "The no. 1 Standard Life Bear", he must get rung up by every journalist in town before they do a Standard Life story :rotfl: .

To wearside
Welcome on board! I don't imagine people check this thread daily, but we're building up as much information as possible for when they do want to research their holding. It's also an educative process for fellow board members . I'm sure that there are others, like me, whose Standard Life share holding is the biggest single block of shares that they have held in their life for any length of time, and that does tend to concentrate the mind.

A.M. update - Shares touch 270p around 9.30 am in spite of a weaker FTSE.
P.M. update - Standard resilient @ 269p as FTSE slides a bit more.

Yahoo charts

bugbod

wearside wrote:

Standard Life shares are like any other shares and go up and down. In my opinion, if you check the price daily you will go nuts! I leave will leave them for a few weeks and then see what the price is!

I check hourly!:p:D
I'm with George in that I'm going to sell soon and, being a complete newbie to this game, I find this thread, and particularly ReportInvestors contributions, invaluable.;)

Yorkshireman_3

bugbod wrote:

I check hourly!:p:D
I'm with George in that I'm going to sell soon and, being a complete newbie to this game, I find this thread, and particularly ReportInvestors contributions, invaluable.;)

I think George must hve sold his shares judging by the way it went up and down today

ReportInvestor

Oh well, down to 267.5p

UK internal politics is just one of those risk factors that can hit shareholders' radar screens .

The political uncertainty seems to have hit the £ and shares.

On the plus side there are fewer foreign owners of Standard Life than other shares, so we may have escaped some of the heavier selling pressure.

Reuters - Final confirmation of the inevitable after close of business on Wednesday

Insurers Standard Life and Resolution will join the FTSE 100 Index.

On Thursday (tomorrow) the market is waiting for news on interest rates. Inflation talk is in the air and last time a significant minority of 3 MPC members voted for an increase.