Standard Life Shares

InMyDreams

Wish I could say I did it at the current price of 291.25, but I didn't :mad:

Still, I'm very happy. I used money I shouldn't have done (earmarked for our first skiing holiday in 6 years next Feb and the rest made up out of my stooz pot ) and the risks paid off. Big time. So I'm counting my blessings.

Hoping the price continues to soar for the rest of you as I'm more than happy with my lot. It's been fun :beer:

Yorkshireman_3

Gorgeous_George wrote:

We should remember that SL shares were originally estimated to be worth 240p - 290p. The stock market suffered a slump and SL shares eventually floated at 230p.

Since then, the FTSE has recovered and increased slightly (not sure of exact figures). Therefore, maybe 290p should not be seen as too high a figure for SL at the moment.

291.5 right now!!!!

318p and they will pay for the car I bought 1 Sep.



GG

I reckon not too long to wait for £3.20 - but will u sell then George?

Gorgeous_George

They're a bit erratic so deciding when to sell is more difficult.

I was selling when they'd increased by 25% (so £2.70ish). Other than a disaster, I don't see them falling below £2.70 anytime soon. A couple of good appointments to the board and things may look rosier in the SL garden.
£2.90 represents a good gain and I know I should really bail out but, I don't need the money desperately so I can let it ride a while longer.



GG

Midas

292.25p now... I knew that I'd jumped to early :mad:

Gorgeous_George

It's a very lucky person who gets out at the peak. This time next week, £2.50 might have been good.

The only thing that matters is that you sell when you are happy with the price.



GG

gt94sss2

More news from someone posting on the Motley Fool:

'Standard Life is to sign more deals with fund platforms and other industry companies in the wake of its Fidelity arrangement as the Edinburgh insurer moves away from its life company roots.

Standard Life provides a co-branded Sipp and onshore bond for Fidelity FundsNetwork and distribution director Paul Matthews has confirmed similar deals are key to the company’s future.

He told the Institute of Financial Planning’s Forum for Success last week: ‘We will work with other Fidelitys in the future. Standard Life is no longer about selling products but about services to other companies and platforms.’'

Regards
Sunil

Yorkshireman_3

Gorgeous_George wrote:

They're a bit erratic so deciding when to sell is more difficult.

I was selling when they'd increased by 25% (so £2.70ish). Other than a disaster, I don't see them falling below £2.70 anytime soon. A couple of good appointments to the board and things may look rosier in the SL garden.
£2.90 represents a good gain and I know I should really bail out but, I don't need the money desperately so I can let it ride a while longer.



GG

To be honest George -- im hoping that they will be a long term good investment so im very unlikely to sell not for quite a while neway - prob not the wise thing to do but only got a few grands worth so not desperate at the moment.

Ian_W

Story in this mornings Sunday Express [can't find a link] suggesting that AXA, having failed to land Scottish Widows, was now intersted in buying SL.

£3 a share anyone?

bugbod

Can have mine for 2.995

Ian_W wrote:

Story in this mornings Sunday Express [can't find a link] suggesting that AXA, having failed to land Scottish Widows, was now intersted in buying SL.

£3 a share anyone?

Can have mine for 2.995:p

gt94sss2

Ian_W wrote:

Story in this mornings Sunday Express [can't find a link] suggesting that AXA, having failed to land Scottish Widows, was now intersted in buying SL.

LONDON (Reuters) - France's AXA is considering a 7 billion pound ($13.2 billion) bid for UK insurer Standard Life, the Sunday Express newspaper reported.

Edit: If the rumour is true, I make it as worth somewhere in the region of £3.35/3.40 a share..

Regards
Sunil