Member Info for Fird

STAN will publish its financial statements tomorrow, the 5th Mar. It is expected that the profit will be in the region of $7bn.

Full year's results for the year ended 31 Dec 12, will be published on 5 Mar 13. It is still 2 months away. Two months is a long time in stock market terms. I hope the SP holds the current disy height till then. For the year ended 31 Dec 11, final dividend was around 0.31p. I expect this year the final dividend could be 0.34p. My expectation is based on the fact that interim dividend was increased by 10%. But mind you the interim was declared before money laundry problem arose.

In addition to the previous fine of $340m, making the total of $667m. Which is 33% less than what the pundits predicted. Is it a good news? Well fines can never be good news. But under the circumstances it is a good news. The uncertainty is over. The stock market does not like uncertainty. On 6 Aug this year, when this started, STAN's SP was 1566p.Can the SP rise to that height, say in Mar 13, when the final results will come?

With hindsight, it appears that last year Logic Investments gave you sound advice in light of the laundering allegations in Aug 12, which resulted share price went down by about 350p in two days. it presented a buying opportunity. Of course Logic Investments could not have foreseen nor could have predicted the laundering bombshell was in the pipeline.

My apologise. You are right .STAN is listed on NY stock exchange. It shows I have got limited knowledge. I have got lot to learn.

You expect SP of STAN will go down when NY stock market opens. STAN is not listed on the NY stock market.

STAN shares trade ex-div on 8 Aug 12. Div payable 11 Oct 12.

Today STAN could not keep up with the pace of the market. Normally when the market goes up by 75 points, STAN climbs up 40P. Maybe the market was expecting STAN's lacklustre trading update tomorrow.

I failed to detect how Standard Life insurance company is connected with Standard Chartered Bank. Did you intend to post under Standard Life (SLET), but by mistake it appeared under Standard Chartered (STAN)?

Today STAN retreated by 47p. Tomorrow it will start the day with at least 32p lighter on account of ex-div.

I got mixed up with the days and dates. Please allow me to try my luck again. Shares will be trading as cum-div up to Tue 6th Mar. Shares will be trading as ex-div from Wed 7th Mar. Div will be paid on 15 May 12.

I have incorrectly typed Feb instead of Mar in my previous posting. Please read as Mar wherever I have typed Feb. Apologise for any inconvenience.

Shares will be trading ex-div on Tuesday the 7th Feb. Div payable on 15 May 12. By that I understand that on Monday the 6th Feb the shares will be trading cum-div. If you are thinking on increasing your holdings of STAN, consider buying by Monday the 6th Feb. I fully realise the SP is expected to fall on Tuesday.

The results to be publish tomorrow is expected to be good. My sincere hope that the market will not give STAN's SP the same treatment, which was given to HSBC yesterday.

I agree with you that STAN commands due respect worldwide. But I beg to differ when you say that you can't see share price rising much further. In 2010 the SP touched 1975p. The bank is much more stronger now than it was in 2010. Traditionally, the split always help to boost the SP. There is only one instance, which comes to mind, when split did not work on account of external factors. Just before the credit crunch, RBS SP reached over £21 per share. RBS choose to split 3:1. Soon after that they acquired AM BRO, which was followed by the period of credit crunch. Rest is the history.

At last the SP has found the right way. Final results are expected to be publish on 29 Feb 12, for he year ended 31 Dec 11. The general conception is that the result will be good. In the previous year the results were good as well,, but SP went down to 1141P in Oct 11. After holding the shares for almost 11 months, at present, I am making a modest gain. Nothing to write home about. It is very tempting to sell it and forego the dividend. As they have got reputation of being highly volatile shares. Dividend is expected to be over 29P a share.

If I may please add that today, in the market, there were more seller of HSBS shares than buyer, then even its SP went up.

On 4 Oct 11 STAN closed 1169. Today it closed 1410. Recovery of 241 in one week. I could not find out the reason of the remarkable recovery. I wonder what could be the reason?

This afternoon BBC commented, while reporting on the state of Lodon Stock Market. I quote. "Banks were the biggest fallers, due to concerns about their exposure to Greek debts. Std Chartered was down 4.6%, Barclays 4% and RBS 3.7%". Exposure. What exposure? We are given to understand that Std Chartered has got no exposure the Greek debts. The only plausible reason for the fall comes to the mind is that the people close to the Std Chartered know more than what is in the domain of the general public.

Again today 700,000 more shares bought than sold. The SP dived by 5.39%. Even making provison that the market went down today, but still it doesn't add up. Does it?