Standard Life Shares

mad

Wish I had got out earlier...I suppose it was greed that kept me in there

Still the fundamentals cannot have changed that much and I still think the shares are worth a lot more. As people have said we are dragged down by what would seem a 'step too far' bid for resolution and the current turmoil in the financial markets. SL have stated before that they have ltd exposure. Anyway i think I am going to have to wait some time to get something back over £3

On a slightly different note, customers who have contracted out pensions need to be aware that details of accounts etc on transit between HMRC and SL were lost (Not everyone, just 16000). Here is the link to the article on SL website

http://uk.standardlife.com/content/pensions/statement_HRMC.html

baby_boomer

Yahoo chart - Standard falls to 252p before recovering to 259p

We mus all wish we'd got out earlier! Financial stocks in general are taking a battering as a result of "credit crunch" worries, and Standard's ambitions re Resolution are just making it worse in the short term.

I'm still holding at these levels, though.

One "advantage" of a falling share price is a rising dividend yield :rolleyes:. But now I'm getting desperate :rotfl:

full-time-mum

Really don't understand these stocks and shares things.
How long is the 'long-term'?

We've got about 8 years left on our endowment mortgage and will need the money from the shares to make up the shortfall on the SL endowment. Is that long-term enough?

I wish we'd taken the money at 350ish but we didn't, mainly because we haven't a clue how to sell our shares and at the time were busy with other things but, that's life! I guess now would be a good time to get it all sussed out...

baby_boomer

8 years is starting to get on for long term. Certainly the picture will be very different by them.

How many SL shares do you hold? Do you have any other stock market based investments apart from your SL policy or shares? What is your current estimated SL shortfall?

Yorkshireman_3

baby_boomer wrote: »

Yahoo chart - Standard falls to 252p before recovering to 259p

We mus all wish we'd got out earlier! Financial stocks in general are taking a battering as a result of "credit crunch" worries, and Standard's ambitions re Resolution are just making it worse in the short term.

I'm still holding at these levels, though.

One "advantage" of a falling share price is a rising dividend yield :rolleyes:. But now I'm getting desperate :rotfl:

Im not a very big investor but i recon the time is right to buy more SL shares --- wish me luck:A

gt94sss2

THE investment arm of Standard Life has unveiled record sales of mutual funds in the third quarter of the year.

Standard Life Investments (SLI) saw gross inflows of £510 million, up 56 per cent on the same period last year. The sales were higher than in any other quarter since the company was founded in 1998.

Jacqueline Kerr, head of mutual fund investments at SLI, said the strong performance came despite a slowdown across the industry.

from here.

Regards
Sunil

Gorgeous_George

£2.40.5 this morning :eek:

GG

VX_Foxy

Yorkshireman wrote: »

i recon the time is right to buy more SL shares --- wish me luck:A

Oh dear, that wasn't such a good move now 244

Did you take a punt ?

baby_boomer

Reuters Friday - Battered share price puts pressure on Standard board to pull out of its cash/shares bid for Resolution

mleonard79

baby_boomer wrote: »

Reuters Friday - Battered share price puts pressure on Standard board to pull out of its cash/shares bid for Resolution

Thanks for the article b_b - I just hope they see sense now (not holding my breath though :rolleyes: )

Regards

Michelle