Standard Life flotation

gort_2

Hi People.
Would you sell them strait away or hang on to them?

Nytehawk

I am a bit peed off with Standard Life. I took out an endowment with them in the early 90s when they were consistently showing good leadership. Needless to say I am having to make some very steep adjustments to my mortgage plan which in my 50s has been very demanding on the family income. They then offer the shares before the floatation at quite attractive rates. They get the vote and almost instantly review the share price. I feel they knew exactly what they were doing and many thousands of us fro:mad: m all generations have been conned. I know the markets can go up and down but feel that SL have taken the p*** out of us. I feel like ramming my shares up the chairmans anal passage sideways. But thats just my simple way of looking at it

nickmack

gort wrote:

Would you sell them strait away or hang on to them?

Depends on your financial situation. But if you had some money to buy some shares, would you invest in Standard Life? If the answer is Yes then keep them, otherwise sell them.

patsyk_3

Does anyone know any published financial opinions on this?

nickmack

patsyk wrote:

Does anyone know any published financial opinions on this?

A simple search on the Internet comes up with all sorts of expert opinion, for example:

http://money.guardian.co.uk/standard/story/0,,1804679,00.html
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/06/28/cmstan28.xml&sSheet=/money/2006/06/28/ixperson.html
http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=404551&in_page_id=3