Final Dividend 12.3p The results were well within my expectations;I am a long term holder who just bought more at 344pA well managed company-which is cautiously ambitious and yielding c.6%I do not understand the market's valuation here-post results.
349.60 +11.10 (3.28%) Real-time: 8:12AM good start
operating profit beats forecasts [link]
Flat full year results? Friday preview: Standard Life reports full year resultsRenae DyerDate: Thursday 18 Feb 2016LONDON (ShareCast) - (ShareCast News) - Insurance giant Standard Life is expected to report broadly flat full year profits on Friday, according to UBS.Pre-tax profit in the full year is forecast to rise slightly to £613m in 2015 from £608m the previous month, driven by a 16% drop in profits in Europe and the UK.UBS said a further fall-off from UK individual annuity sales, lower asset liability management actions and negative foreign exchange impacts were likely offset by an increase in higher assets under management driving fee revenue growth.The broker said the focus will be on how Standard Life plans to handle the introduction last month of Solvency II, new European Union rules forcing insurers to hold enough capital to protect policyholders."On Solvency II, we think Standard Life is well positioned to manage the transition, however, a material annuity back-book along with the impact of contract boundaries could lead to a headline ratio below expectations in our view," said UBS analyst Colm Kelly.
Results tomorrow It is interesting to observe that despite thefull year results being due tomorrow--And the much firmer tone to stock markets--the SL share price has hardly moved this week..So here's hoping!!
I've just sold the free SL shares I received, if I reinvest later in the year would I still have to pay Capital gains, there would be no overall profit
I've not received my ROV cheque yet, or new share cert, anyone else?or should I consider it lost?
Re: SL Stream Log pleased to see on various blogs that I am not alone in misinterpreting the standard life newsflash es and media reporting. I read it as money being shared...it's what it said..it didn't say compensation for your loss of shares! In the 2014 blurb it was not obvious at a casual read. Ya boo standard life. Do nothing take the default option unless you have serious money invested or your income leaves you with no allowance re taxation . I was looking forward to a windfall I suspect many were .
Hi All....first post here, I'm 76, retired, don't pay tax and have 10144 shares currently with SL. What is the consensus of opinion of which option to take in this B/C scheme? Its all quite confusing. Thanks in advance
I may be missing something but, apart from discussions about taxation and needing to buy SL shares with the 73p special dividend to maintain your holding, there seems to be no discussion about what is in it for us shareholders. As I see it (and I'm posting because I'm not sure about it) SL has a value on the LSE, based upon the number of shares in issue. If SL reduces the number of shares in issue from 11 to 9, then, as the value of SL is still the same but there are less shares in issue, the value of the remaining shares should rise to reflect the current valuation on SL. Does anyone see it like this, or am I missing something?
My knowledge of share-dealing is slightly less that what i know about brain surgery so this whole Standard Life deal has me baffled. I have 2636 shares in Standard Life and as far as I can make out they are worth just over £11k, once all is finalized I will get approx £1924 but my shares will be diluted to 2148 in total and will be worth just over £9k. If I am correct in the way I have worked this out I have gained nothing from the sale of the Canadian arm?? or have I got it all wrong. I was thinking about selling all my shares anyway and cant for the life of me see why I should hold on till after the b/c option. can someone tell me if I have this all wrong?