Standard Life Share Discussion Threads

[chesty1] 14/6/2016 09:55

304.85 top up I am now skint....

[essentialinvestor] 14/6/2016 09:04

May be re SL.
UKX is still about 500 points from the FEB low.

[chesty1] 14/6/2016 08:50

I feel the market is getting ready to say enough now this is madness....

[essentialinvestor] 14/6/2016 08:43

Missed the low near the open as busy with other stocks,
hopefully another opportunity at 305.

[nicksoj] 14/6/2016 08:41

Are we nearing a saturation point with these pro brexit polls?The fundamentals scream a bargain. The psychology of "higher conviction" to "change" is a key focus and key to Bremain ultimately winning out.

[essentialinvestor] 13/6/2016 17:31

Two polls, both online and phone showing the same result.

[nicksoj] 13/6/2016 17:30

Further carnage on the morrow. ICM poll just out to compound the Brexit fightback.

[essentialinvestor] 13/6/2016 16:46

No idea on that, would just expect a flurry of polls over the next few days.
Added about 600 shares today at 311 and '09.
Approx 4% down on my mean holding average atm, but that does not allow
for the trading profits I have taken along the way.

[nicksoj] 13/6/2016 16:25

I'd rather buy into the bounce than take a punt at a bottom. Looks lke a 2 handle on the way...When is the next wretched poll due gor release?!

[essentialinvestor] 13/6/2016 16:13

nick, you had your target price, well done on the call btw,
did you buy? - I'm guessing you may not have.

[nicksoj] 13/6/2016 14:17

Yup. Best to return to those good old days when we were the sick man...Sorry. Some cynicism.I'm still waiting for the in point.

[essentialinvestor] 13/6/2016 14:14

chesty, would not blame your son for thinking like that.
My generation and older have done very nicely from UK property,
but what the market has effectively done is rob from future generations.
Many younger people feel very angry about this and its understandable.

Bought my first house a 23, a small 3 bed semi in Surrey, no way
could I do that now if the same age.

[chesty1] 13/6/2016 14:08

I had a chat with my son and he would vote to leave....Main reason was he wanted to see a house price crash so he would be able to afford to move out.What is this world coming to when they think like that...

[redips2] 13/6/2016 10:11

Nice gap down this morn....will fill in due course...still watching .

[essentialinvestor] 13/6/2016 09:55

On SL. what it perhaps worth keeping in mind is the growing importance
of the asset management business.

As previously mentioned this makes SL. more sensitive to wider
equity market sentiment, the share price as a result is more likely to significantly
underperform on risk off periods and the reverse should also apply.

The EU area appears to account for very approx 18% of new business inflows,
so Leave may have at least some impact, would have thought there are some
practical measures they can take to ameliorate a degree of this.

[nicksoj] 13/6/2016 08:36

Fortune favours the brave, right?Go Chesty!Brexit at 2/1.

[essentialinvestor] 13/6/2016 08:11

chesty, if your view is longer term hopefully you will be fine,
if we vote Leave hen SL. is likely to be well below £3, just imv.

Added a small amount at 3.11

[chesty1] 13/6/2016 07:50

Well my tin hat is back on, let's see what this week has in store.....

One things for sure I will not be scared into selling my investment in SL. I know they will come good.

Let's get past this brexit rubbish & then we can move on.

Be lucky to all

[essentialinvestor] 10/6/2016 23:56

The UKX was sub 5600 in mid Feb, so those are levels we traded at just
4 months ago, hardly scare stories, it happened.

The main reason I do not see markets significantly lower than Feb is the
rebound in commodities since, particularly oil, oil unlikely to get
anywhere near the Jan/Feb lows again.

[pierre oreilly] 10/6/2016 23:43

8239

Doesn't make sense to me.

If the market believed shares would fall by 450bn after brexit, then that would be priced in before the vote. If the market thought there was a 50/50 chance of brexit, then it would wipe off 225bn before and 225bn after.

I certainly think the market is already pricing in a brexit in the ratio of the probability of brexit. My view is the removal of uncertainty will outweigh any balance. And if we vote to stay in, then the removal will have nothing to net off so will see a big surge.

All these scare stories simply don't seem to take account of, or even know, about the market discounting what it expects to happen. I consequently think they're just scare stories.

[essentialinvestor] 10/6/2016 21:32

- 20% is possible, 5500-5650 on a Leave vote imv, if a recession/wider global
equity bear market followed then further downside to around 5200.
Most of my equity exposure is US, but on a leave vote would sell a %
to reinvest in the UKX. GBP would be killed so overseas holdings should
hold up to an extent. All just best estimates only, may be wide of the mark.

[dmf] 10/6/2016 21:08

London stock market 'could fall as much as 20% after Brexit - wiping £450bn off share valuations'

[petewy] 10/6/2016 19:11

Yes I'm watching too, But they paid out a big dividend end of May so it won't go up that much IMO. DYOR

[essentialinvestor] 10/6/2016 16:41

Had a small amount before the close, had intended to wait until Monday.
SL. my smallest position by some way, not as brave as others.

Things may get more interesting next week - nick you may get your 3.10(or lower) then.