Standard Life Shares

mad

Up a few pence today at 3.12 against FTSE going down 100. I am still in for the long term.

Also this might be of interest to policyholders.

http://business.guardian.co.uk/story/0,,2138632,00.html

gt94sss2

Standard Life has moved a step closer to making a bid for "zombie" fund insurer Resolution with the appointment of Merrill Lynch as adviser.

A source close to Standard Life said the negative investor reaction to Friends Provident's proposed nil-premium merger with Resolution had put both companies into play. The Edinburgh-based insurer is thought to have retained its long-time adviser Merrill Lynch and is considering all options regarding Resolution if the Friends merger fails.

If Standard makes an approach for Resolution, it will be the fourth time the companies have discussed a tie-up in the last year.

More here

Regards
Sunil

gt94sss2

New Business Results - six months to 30 June 2007

• Worldwide life and pensions sales up 31% to £8,181m (2006: £6,235m).

• Interim results will report an increased overall margin from full year 2006.

• UK life and pensions sales up 45% to £6,954m (2006: £4,802m).

- Individual SIPP sales up 82% to £2,556m (2006: £1,406m).
- Group Pensions sales up 49% to £1,487m (2006: £995m).

• Standard Life Investments worldwide investment net inflows up 61% to £5,021m (2006: £3,120m).

- Third party funds under management up 20% to £46.1bn (31 December 2006: £38.5bn).
- Total funds under management up 6% to £140.6bn from £132.1bn (31 December 2006).Commenting on the results, Group Chief Executive Sandy Crombie said:

'Our strong new business performance is continuing. UK life and pensions sales have increased by 45%, building upon a strong comparative period in 2006, and our third party funds under management continue to reach new highs.

'We have enjoyed great success with a range of asset accumulation products, delivering higher sales at an increased overall margin.

'We are launching new products into our chosen markets, and this is being supported by excellent investment performance and first-class service. I am confident this will enable Standard Life to grow new business further in the future.'

More here

Regards
Sunil

david69_2

shares up again today 11p

Gorgeous_George

Another good day.

Who's hanging in there and what price might you sell at?



GG

mleonard79

Gorgeous_George wrote: »

Another good day.

Who's hanging in there and what price might you sell at?



GG

Yep great day - up another 15p to 341 today (going in the right direction again!)

I haven't got a set figure I'd sell at but if it got up around £4 I'd be seriously considering it

Regards

Michelle

david69_2

I think these shares are still very cheap i can see them at £5+ in the near future

10_66

Trying to get a share certificate from Computershare to transfer to Selftrade is like trying to get blood out of a stone! It's taken them 3 attempts to send the correct withdrawal form to enable requesting the share certificate. Haven't spoken to anyone there who knows what they're talking about, (not that I do, but I don't work for them) and the postal strike's not helping. By the time it's all gone through, the price will probably be £4!

catz1ct

10_66 wrote: »

Trying to get a share certificate from Computershare to transfer to Selftrade is like trying to get blood out of a stone! It's taken them 3 attempts to send the correct withdrawal form to enable requesting the share certificate. Haven't spoken to anyone there who knows what they're talking about, (not that I do, but I don't work for them) and the postal strike's not helping. By the time it's all gone through, the price will probably be £4!

Give them an email at web.queries@computershare.co.uk it's much better than on the phone imo! No annoying waiting times.

10_66

I've given up trying to email them, the only time they bothered replying was to tell me that, as registrars, they didn't sell shares for anyone! Many thanks for suggestion though.