Standard Life Shares

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Yahoo brokert recommendations

Morgan Stanley remains at "underweight" for Standard Life but has raised the target price to 264p from 262p

Given that the FTSE has just opened above 6,000 on Thursday am that's quite mean.

Standard at 267.75 after 9.00 am Thursday

kambinky

Cant find out if I should sell my shares 340 of them in SL which came from a pension I had but had to stop on joining a company with attached pension any advice please? Heard a radio programme mentioning people missing out on windfall and SL keeping their money - should I have had some of the windfall? no idea.

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Hi kambinky and welcome to this corner of the site .

Your shares are your windfall . They are worth approximately £2.67 x 340 minus dealing charges (with Computershare these are 0.5% online and 1.0% by phone.

The radio programme was probably referring to people who had not validated their details with Standard and so had not received the shares to which they were entitled.

What many people are hanging on for is the 5% bonus shares to which you would be entitled if you held your shares for 12 months until July 2007.

If you are worried about the stock market in general, & especially if you can't afford to lose any of the money that the shares are now worth, then you should consider selling.

Individual shares are, by their nature, high risk :help:.

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???? Market about to break out to 6,375 ?????? (currently around 6,000).

A chartist has suggested this, as reported in today's Investors' Chronicle.

I've put more details on this thread

Any rise in the FTSE100 cannot be a bad thing for Standard Life shares - especially if it's 6%+ .

Milarky

On a humourous note (and for fans of the Vision On gallery) see the take on Standard Life in Picture of Walls (from a great site: https://www.neave.tv)

[Warning: discretion required]

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They do seem to have put that ad "on hold" recently .

kambinky

Thanks very much I guess since I didn;t know I had that money its worth leaving it in there - I've no idea about the stock market and which way its going! My pension comes out in 2012 so I guess the amount the shares are worth is added to it then ? Thanks K

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Financial Mail

Standard to beef up the board and is on the look-out for an acquisition :eek:

And we thought any merger activity might be the other way round! It's the law of the jungle out there, eat or be eaten.

"......Financial Mail understands that up to four new non-executives are being lined up to boost the board rocked by last month's announcement of the departure of finance director Alison Reed, less than two years after joining.

Her replacement is expected to have takeover experience as Standard Life executives are convinced that the financial services company must grow by acquisition or risk falling prey to a predator......."

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There's a bit of insurer bid talk this Wednesday morning - Yahoo - that is helping Standard slightly

".... "Not a lot is going on," one trader said. "The market's looking for direction. It's a treading water day."

Insurers also figured amongst the leading FTSE 100 gainers, with Prudential up 1 percent amid high volumes on speculation HSBC or AIG could make a bid, traders said.

The bid speculation is also firing rival insurers, traders said, with Standard Life also up 0.75 percent.

Meanwhile Standard appears to be getting to grips with replasing their Finance Director - FT

Scottish Power's former FD David Nish is in the frame. This could be quite good as stock markets hate uncertainty or a sense of management drift.

Standard has been losing some of those initial gains in late morning, though - Yahoo chart

Gorgeous_George

Who knows what the future holds. I am so tempted to bail out.

OT I know but for CSR there are some numbers (x 5000 and x 183) after the Bid and Offer prices. What are these?



GG