Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I have posted regularly here as to how comfortable I am with this Standard Life. Growing share price and dividends. What more could a small investor ask? I continue to reinvest the dividends in my ISA and am well in profit, helped by the fact that I initially bought when they demutualised so got a really good price.
I have posted regularly here as to how comfortable I am with this Standard Life. Growing share price and dividends. What more could a small investor ask? I continue to reinvest the dividends in my ISA and am well in profit, helped by the fact that I initially bought when they demutualised so got a really good price.
someone apart from me --say how happy u are the way this company is operating -- not to raise share price -- but to confirm they on the right track
Even over 5 yrs
Been invester in SL for over 30yrs --- its good company -- and expanding and making more money --- gl all
This just on the up ---- good company --- good record of profitabiliity -- the only way is up ----------- baby :D
Standard Life: Panmure Gordon keeps buy rating and 325p target; Investec puts 279p target under review, buy rating kept; Nomura keeps reduce rating and 260p target.
Panmure Gordon has reiterated its positive stance on insurance giant Standard Life ahead of the firm's third-quarter trading update on Wednesday. The broker estimates that worldwide life and pension sales will come in at £14,401m PVNBP [present value of new business premiums] for the first nine months of the year, down 7% year-on-year. For the third quarter alone, they are expected to be flat at £4,324m PVNBP. "This level of new business growth is a relative improvement from that reported in Q1 2012 at £5040m PVNBP (-13%) and Q2 2012 at £5,037m PVNBP (-10%)," said analyst Barrie Cornes. Analysts' forecasts for the nine-month period range between £14,101m and £14,877m so the broker is very close to the consensus estimate. Panmure expects assets under administration (AUM) to register £210.2bn at September 30th (consensus: £209.2bn), up from £198.4bn at the start of the financial year. However, worldwide long-term savings net flows for the nine months to the end of September are expected to be down 36% on the year at £2.15bn "reflecting the impact of slowdown in the economy and investment markets", Cornes said. "Standard Life's share price has performed well since the better than expected H1 Results. The shares are up 38% YTD [year to date] and we believe that they will continue to rally given the 16% embedded value discount that the shares are trading at (sector 13% discount)." With the "growing and attractive" dividend yield of 5.1% compared favourably with the 4.9% sector average, the broker has retained its 'buy' rating and 325p target price for the stock.
Standard Life: Berenberg downgrades to 'sell', target lifted from 275p to 290p.
Standard Life: Panmure Gordon raises target from 295p to 325p, buy rating kept.
Positive Points: •Group assets under administration (AUA) grew when compared to the prior quarter. Accompanying management outlook comments forecast an ongoing improvement in the company's financial performance. •The group's international diversity continues to be expanded. During the period, management announced a US distribution agreement. Its European retail capability was enhanced with extended access to its range of SICAV funds - now available in 12 countries – while a distribution agreement in Sweden was also confirmed. •For its UK Retail platform, Asset Under Administration (AUA) grew by 26% to £12.6 billion. Its added 41 Independent Financial Advisors to its Wrap platform. SIPP customers grew by 24% year on year to 141,000 with AUA increasing to £17.5 billion. •Fee business AUA for its important Canadian business increased by 5% to £14.9 billion, driven by net inflows and positive market movements. •As of the full year 2011 results, Standard Life’s push to become a fee based business progressed - revenues from fee business rose by 8%, making up 77% of total income (2010: 75%). •As at 31 December 2011, management had delivered £79 million of efficiency savings, including £45m of savings during 2011. •Management continues to highlight a strong financial position. •Investment into group operations remains ongoing. •A progressive dividend policy continues to be pursued. The total dividend over the full year 2011 was increased by 6.2%.
Negative Points: •The tough economic backdrop continues to impede consumers' propensity to save. Long-term savings new business sales declined to £5.0 billion from the £5.8 billion achieved in the comparative period. For its International business, net inflows of £313 million were lower compared to Q1 2011 (£449 million) reflecting economic uncertainty and lower consumer sentiment. •The group's operations in Germany and Ireland may continue to be affected by the impact of economic uncertainty in Europe. Rival Aviva's recent retreat from some overseas markets raises concerns over the difficulty of penetrating international markets, in a profitable way. •The group has suffered an outflow of £1.8 billion in April from one low revenue yield mandate following a client's change in pension scheme strategy. •While management noted a "strong capital position", its capital cushion or IGD surplus stood at £3.1 billion, unchanged from the December 2011 year end. •Although relatively small, direct shareholder exposure to debt issued by governments and banks in Greece, Ireland, Italy, Portugal and Spain equated to £50 million as of the full year 2011 results. •Group investments are, in the near term, increasing costs. The insurer has previously courted criticism from investors over the level of investment made into its wrap platform. •Competition in the UK pensions and savings markets remains intense. •Foreign currency exchange rate changes may impact revenues and profitability. •The UK government's pending Retail Distribution Review provides a degree of regulatory uncertainty.
Financial Highlights: •Group assets under administration (AUA) rose to £206.8 billion from £198.4 billion as of 31st December 2011 and £194.5 billion as of 31st March 2011. •New business long-term savings sales decline to £5.0 billion from the £5.8 billion achieved in the comparative period. •Standard Life Investments third party assets under management (AUM) climbed to £76.1 billion from £71.8 billion as of 31 December 2011 and £68.4 billion as of 31st March 2011. •Financial (capital) cushion maintained, with an estimated IGD surplus of £3.1 billion compared to £3.1 billion as of 31st December 2011.
April 2012) First quarter update: Management summarised its performance as "resilient" during the period. Inflows into its long-term savings businesses and strong performance from Standard Life Investments helped to increase both its group assets under administration and Standard Life Investments third party assets to record levels. This drove growth in fee based revenues while management continued to focus on improving the efficiency of the business. The group's UK Corporate business expanded its product capability, while Standard Life Investments further extended its wholesale distribution in the US and Europe through new distribution agreements. However, still challenging conditions saw group new business long-term savings sales decline to £5.0 billion from the £5.8 billion achieved in the comparative period
Established in 1825, Standard Life is a major provider of long term savings and investments to around 6 million customers worldwide. Headquartered in Edinburgh, Standard Life has around 9,000 employees internationally. At the end of March 2012 the group had total assets under administration of over £206 billion.
http://uk.finance.yahoo.com/news/update-standard-life-tops-expectations-digilook-55b2d0a9e855.html
where do they get this sp from its not been right for about a week ive got it trading at 187 on my platform
Portal investments in a out west portside LA company (cannot divulge as yet, still analysing). I outlook in a different way. Will keep in touch.
What info have you got? In for the long-term on this one anyway. G
Its all up hill down here. We are only scratching the surface. Give it a while longer. Big bonus on the horizon. Watch this space.