Register
Login:
Share:
Email Facebook Twitter

SLET Share Chat - RSS Feed

Standard Life Share Chat (SLET)



Share Price: 406.00Bid: 404.00Ask: 406.00Change: -0.125 (-0.03%)Faller - Standard Life
Spread: 2.00Spread as %: 0.50%Open: 403.75High: 406.25Low: 403.75Yesterday’s Close: 406.125


Share Discussion for Standard Life (SLET)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


MY21
Posts: 4,377
Off Topic
Opinion:No Opinion
Price:410.00
Press Comment
11 Nov '14
Government's plans to levy fines of up to £300 on savers choosing to access their pensions like a bank account are a "unfair", the Financial Times reported. Savers will have the opportunity to cash in their pension from next year, but those who access their funds "flexibly" from April could be fined up to £300 if they fail to notify all their other pension providers within a month. Dr Ros Altmann, an independent pensions expert and adviser to the government, said that fining savers was "unworkable" and "draconian" and would "disproportionately disadvantage" the less wealthy.
 
MY21
Posts: 4,377
Off Topic
Opinion:No Opinion
Price:402.50
Press Comment
29 Oct '14
Standard Life reported a 13% increase in fee revenue from continuing operations over the nine months to the end of September, to hit £1,032m. That came as assets under administration from continuing operations increased to £290.0bn, driven by net inflows of £4.3bn and the acquisition of Ignis Asset Management. Management highlighted how the increased focus on fee business, which the disposal of its Canadian operations will allow, will enable it to return £1.75bn of capital to shareholders.
MY21
Posts: 4,377
Off Topic
Opinion:No Opinion
Price:396.00
Chinese MOU
23 Oct '14
Standard Life signs deal with Chinese bank giant: Standard Life has underlined its global ambitions by signing a Memorandum of Understanding with Industrial and Commercial Bank of China, the world’s biggest bank.
Yorkshireman
Posts: 750
Off Topic
Opinion:Strong Buy
Price:388.00
Win Win Win
15 Sep '14
sale -- dividends -- vote no or yes doesn'
t matter --- can't lose
MY21
Posts: 4,377
Off Topic
Opinion:No Opinion
Price:390.25
Press Comment
11 Sep '14
Standard Life Boss warns that company will relocate to England if Scots vote Yes: One of Scotland’s most successful businesses is preparing to relocate to England if Scots vote for independence, its Chief Executive has revealed
Yorkshireman
Posts: 750
Off Topic
Opinion:Buy
Price:390.25
MY21
10 Sep '14
Totally agree ---- shares underpriced -- shareholders to get fabulous deal -- on sale of Canadian business --- plus dividend forcasts great -- win win
MY21
Posts: 4,377
Off Topic
Opinion:No Opinion
Price:402.00
Daily Telegraph
8 Sep '14
Standard Life shares jump 8%:

Standard Life has agreed to sell its Canadian business for almost twice its book value and return £1.75 billion to investors. Questor agrees with analysts that this looks like a “fabulous deal” for shareholders.

The business that has been sold to Manulife for a total cash consideration of £2.2 billion is currently held on Standard Life’s books at about £1 billion. Selling the company at around twice its book value has crystalised a gain for shareholders of £1.2 billion.

Standard Life will retain £450 million of the sale proceeds to invest in the expanding asset management business. The company has been building on its investment management capability during the past 18 months.

The deal to buy Ignis Asset Management for £390 million was completed in July of this year and the £83 million deal for Newton’s private client business was completed in September of last year. David Nish, Chief Executive of Standard Life, believes that the business post the sale of the Canadian operations will be stable and faster growing. Standard Life generates the majority, almost 90%, of its revenues from charging fees for the administration and investment of its clients £156 billion in funds. Mr Nish said that managing those assets provides predictable revenue which was growing at an average of 9% a year, once the Canadian business is excluded. He added that the Canadian revenue was more volatile and slower growing. The effect of this has been for analysts to increase their valuation of the Standard Life group that remains after the deal. The shares are trading on 17 times earnings, but that falls to 15 times next year and 13 times the year after. The prospective dividend yield is also a healthy 4.4%, and the dividend is forecast to rise by 6% this year and next. Questor doesn’t expect the shares to run away from here as most of the gains are now priced in. However that steady and growing dividend income is attractive. Standard Life at 417.2p+31.1p Questor Says ‘Hold’.
Yorkshireman
Posts: 750
Off Topic
Opinion:Buy
Price:401.25
Nov 12
14 Jul '14
Could have made 30% profit it bought and sold --- or more now on the up again hehehe
Yorkshireman
Posts: 750
Off Topic
Opinion:No Opinion
Price:419.00
Also
7 Jan '14
watch PHNX -- good value and 200yr history :D
Yorkshireman
Posts: 750
Off Topic
Opinion:Buy
Price:419.00
:D
7 Jan '14
and hold



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.