Standard Life Shares

dougs

catz1ct wrote: »

No you don't need a cert. You can sell them through the Computershare Dealing Service without one. If you want to go through another stockbroker or bank then you will need the cert. (not worth the hassle imo)

Thanks very much for replying. I thought that maybe if you had to do it through Computershare (i.e. because you have no share certificate) then they might not be the most competitive in terms of fees. Or are they all mch of a muchness when it comes to the commission or fees that they charge?

You can tell I've never done this sort of thing before

gt94sss2

dougs wrote: »

I thought that maybe if you had to do it through Computershare (i.e. because you have no share certificate) then they might not be the most competitive in terms of fees.

Computershare are not the cheapest for selling shares - and they charge a % of the total consideration.

Several other brokers charge a flat fee to sell shares (regardless of their value).

As such it depends on the value of the shares in question as to whether it would cheaper to pay the Computershare fee to transfer the shares to another broker and then sell them or just use Computershare.

Normally, I would say transfer the shares as at least one broker would refund the £12-£15 fee Computershare charge - however as you're dealing with an estate that might make things harder..


Regards
Sunil

catz1ct

gt94sss2 wrote: »

Normally, I would say transfer the shares as at least one broker would refund the £12-£15 fee Computershare charge - however as you're dealing with an estate that might make things harder..


Regards
Sunil

Not if they have been transferred to the executors name.

daveski

As the price is at a new low today, would i be completely barking to try to buy some more shares in SL. I'm not sure that they aren't at a good price (to buy that is, they're already below the amount we originally bought them for; even with the discount!!)

10_66

Does anyone know why these shares are dropping so low? They're now £1.97.

Yorkshireman_3

daveski wrote: »

As the price is at a new low today, would i be completely barking to try to buy some more shares in SL. I'm not sure that they aren't at a good price (to buy that is, they're already below the amount we originally bought them for; even with the discount!!)

Go for it Dave -- surely the only way is up now and up

gt94sss2

Record results beating operational and profitability targets for 2007
Strong outperformance lays the foundations for further growth

Financial Highlights:

• EEV operating profit before tax up 43% to £881m (2006: £614m), with diluted EEV operating EPS up 37% to 28.3p (2006: 20.7p)

• Return on embedded value increased by 2.6% pts to 11.5% (2006: 8.9%)

• EEV capital and cash generation after tax up 129% to £600m (2006: £262m)

• Group EEV up 11% to £6,211m (31 December 2006: £5,608m), equivalent to 285p per share (2006: 258p)

• New business contribution before tax up 68% to £345m (2006: £205m)

• PVNBP1 margin increased by 0.7% pts to 2.1% (2006: 1.4%)

• IFRS underlying profit before tax up 32% to £714m (2006: £540m), with diluted IFRS underlying EPS up 53% to 33.3p (2006: 21.8p)

• IFRS profit before tax attributable to equity holders up 12% to £509m (2006: £453m)

• Full year dividend of 11.5p, implying growth of 6.5%

Group Chief Executive Sandy Crombie said:

'Standard Life has delivered a very strong set of results in its first full year as a listed company. We have beaten all our profitability and efficiency targets for 2007 and achieved record sales, a platform which we will build upon for further growth in years to come.

'Our distinctive 'capital lite' approach to designing and distributing products has allowed us to more than double the capital and cash generated in the business.

'Against an uncertain economic backdrop we have made a good start to 2008 and
are working to improve our core profitability. Our confidence is based on our expertise in managing assets, industry-leading customer service and on-going initiatives to improve efficiency.'

The final dividend is 7.7p payable to those who are shareholders on the 19th March - and its paid on the 30 May.

The Standard Life share price is up over 10% so far today at 241.50p

Regards
Sunil

Yorkshireman_3

gt94sss2 wrote: »

The final dividend is 7.7p payable to those who are shareholders on the 19th March - and its paid on the 30 May.

The Standard Life share price is up over 10% so far today at 241.50p

Regards
Sunil

Still think these shares were undervalued at £3.50 plus --- but time will tell

Bennifred

Yorkshireman wrote: »

Still think these shares were undervalued at £3.50 plus --- but time will tell

Really hope you're right! (How much time, do you reckon.............lol!)

baby_boomer

Finished on 247p.

What a relief to have such good results and see the company is on track even in hard times.

It does beg the question why the management didn't alert the market to expect better results during the last few months when the share price was battered. Perhaps they knew that admitting such superb organic growth would show up the stupidity displayed in their expensive acquisition strategy in the bid for Resolution.