Standard Life Shares

ReportInvestor

Credit Suisse rates Standard Life as "underperform"

with a target price of 278p. They are neutral on Prudential.

gt94sss2

Just received a letter from Standard Life, including a double sided A3 leaflet about the company. (pdf version/html version)

There is a form to return if you wish to receive the full annual report in future (as opposed to the annual review which you get by default)

Also, they are asking for shareholders email addresses (register online) so that they can email you documents rather than posting them + they offer to plant a tree for each shareholder who responds to represent some of the paper they will save.. though only upto 50,000 trees and they have 1.5 million individual shareholders

Regards
Sunil

ReportInvestor

Let's all go for the e-document.

It's environmentally friendly whether we are the 50,000th applicant or the 50,001st .

And it saves our company money = bigger profits = bigger future dividends .

And anything significant is likely to be flagged up on this thread anyway :cool: .

mleonard79

Totally agree ReportInvestor - will be going for the e-documents for exactly those reasons!

bugbod

gt94sss2 wrote:

I'm afraid that "share account statement" sounds as if Computershare hold your shares on your behalf and its not a share certificate.

Share certificates are labeled 'Ordinary Share Certificate' and you had to tick a box on the application form to get one - it wasn't the default option.

This means that you are either stuck with selling via Computershare or you can pay them £12 or £15(see Other Services) and Computershare will send you a share certificate (note: bugbod says they got it free but that might only have been a special offer for the first few weeks?)

If you do choose to get a share certificate from Computershare, then you are free to sell them via whichever broker you choose. I believe that Selftrade (if you choose to use them) will also refund you the £12/15, in addition to the referral, if you show them proof that you have paid this charge..

However, I don't know how long Computershare take to produce share certificates which may be an issue if you need the money very quickly though the larger the shareholding is the 'cheaper' it is to do it via someone else rather than Computershare if you can.

Regards
Sunil

I got it in October.

ReportInvestor

bugbod has clearly beaten the system .

Standard Life website

".....if your shares are in the Standard Life Share Account and you want to sell them through a stockbroker or another share dealing service, you will first need to take your shares out of the Standard Life Share Account. You can do this by withdrawing from the Standard Life Share Account and:

* requesting a share certificate (the charge for this is £12 or €15), [RI - this appears to have gone up to £15] or
* transferring direct into another nominee (the charge for this is £15 or €22)....."

Nothing ventured, nothing gained. Well done bb .

bugbod

I hadn't even realised there was a charge. I just phoned up and asked for it.:):)

Gorgeous_George

Seems to have been something happening this morning. Large sale with an upward spike in the share price almost reaching the all time high.

Yahoo 5-day chart.

Any ideas why?

EDIT at 4:15pm: SL shares touched the magical £3.00 figure today as the stock market reached a 6-year high.



GG

wearside_2

Closed at £2.965 still a good price. I am in for the long term, certainly until the free shares are issued.

ReportInvestor

Gorgeous_George wrote:

Any ideas why?

Citywire - Standard Life gains 3.5% tracking Prudential

"...One trader said the shares may have risen as investors followed a read-across from Prudential (PRU). That stock added 16p to 711.5p after Merrill Lynch re-issued its ‘buy’ recommendation and increased its price target...."

See also the first post on this page [28] for a bit of background about the renewed iinterest in the Pru.