Standard Life Share Discussion Threads

[chesty1] 17/6/2016 12:39

Very quiet on here, was everyone hoping for lower.Brexit odds getting ready to widen. Watch this fly when we stay in.

[rotrader] 17/6/2016 08:49

Great buying opportunity when the Euro vote is out - might take 12 months to recover but it will be onwards and upwards from then.

[chesty1] 17/6/2016 08:27

Oi oi market has the Friday blues...

[chesty1] 16/6/2016 19:16

Dow is trying to help out a bit tonight Go the Dow

[essentialinvestor] 16/6/2016 18:25

May be a little late now to turn bearish, a significant amount of
damage has already been done.

If an analyst had said sell BARC or SL. 12 months ago then great call.

Markets tank then more sector downside, but that applies to about
everything else.

[dmf] 16/6/2016 16:08

Bank shares would fall sharply after Brexit, City analysts warn

"The share prices of the two bailed-out banks – Lloyds Banking Group and Royal Bank of Scotland – could take a hit of 35% and 25% respectively, according to the analysts’ research."

[orinocor] 16/6/2016 15:43

Is there a reason why this keeps hitting new lows?? Compare that to banks like LLOY and BARC which are well above year lows. SL. just keeps going down!

[f1araway] 16/6/2016 10:26

We all remember the almost continual posting on here of, "£3.00 for Christmas".So here we go again, £4.50 for Christmas

[nicksoj] 16/6/2016 10:11

"I think the British public have had enough of experts"Michael Gove - during last night QT.I estimate the Scotland vote will win the day and that this is one of the biggest tree shakes in ftse history.But yes. Do you stay out and enjoy the show or....

[chesty1] 16/6/2016 10:10

Buyers are loading up.

[8w] 16/6/2016 09:57

EI, agreed that tends to be my style as well. I think I have about two more SL. purchases in me and then it will be time to sit back.

[essentialinvestor] 16/6/2016 09:44

That is the trade off 8w, if I could time it exactly or get a nice risk free
return would probably keep 100% cash in the bank atm.

It does not need to be all or nothing though, small positions.

[8w] 16/6/2016 09:41

Like most others on this board I am wrestling with twist or stick. However I feel that our short termism is the equivalent of a bet on the outcome and the pontoon reference is very apt. However the bigger question is where will the economy be in 5 or 10 years time should we Brexit? We could see some serious wealth destruction in this country. In five years time FTSE at 5000 in ten years FTSE at 6000 ?

[essentialinvestor] 16/6/2016 09:37

Pierre, that is my logic on MRCH, you are locking in a 6% yield at
current prices, not guaranteed, however MRCH have increased their
dividend annually for 30 years from memory, all be it that recent increases
have been just marginal.

You are accepting risk for yield, however see some longer term value in the market,
all be it there may well be further downward lurches.

[petewy] 16/6/2016 09:33

Read all your posts everyday and I hold SL. Is there a bona fidae reason that Brexit will hit SL ((which at current price had 6% divi.)
Seems too cheap to turn down.

[pierre oreilly] 16/6/2016 09:26

I topped up more yesterday. Not bothered about not hitting the bottom because that's just luck. I've bought an asset yeilding over 6% because it's taken a hemmering over the last few months.

The price of most stocka atm is based on fear of them going down further and fuindamentals don't enter into it. In a months time, this, and others, will return to being priced on fundamentals.

Just got another chunk of cash from a uu. sale a couple of weeks ago to invest before i go away for 2 weeks, and i'm looking at putting that back into uu. My view is it's much better to invest any cash now (and i bet lots of us have cash from recent sells) than a week after the vote, even though that means accepting volatility.

[chesty1] 16/6/2016 09:17

My mate works high up in lloyds and said they would not be hit by the brexit...market is telling us much different, and this is from people supposedly in the know.

[chesty1] 16/6/2016 09:10

Lloy is taking a big hit at the mo...

[essentialinvestor] 16/6/2016 09:05

Have been adding small amounts of MRCH, like DGE if we plunge, GSK, INCH
where I have a small position already.
LLOY if feeling brave ) - SL my only financial sector exposure atm.
My main position is US rather than UK atm, however US markets which
have held up remarkably well may be due some downside.

In a nutshell think caution currently may be wise.

[orinocor] 16/6/2016 09:01

EI what others are on your watchlist?

[chesty1] 16/6/2016 08:23

297.70p top up hoping to look back in twelve months and laugh not cry...

[essentialinvestor] 16/6/2016 08:19

About 12 months too late )

2015 high at 487.

Added at 396.7, probably all I would buy now as others on my
buy list are nearing interesting prices.

[chesty1] 16/6/2016 08:17

Dmf what are you going to do with your other 7 shares.

[dmf] 16/6/2016 08:15

Sold 30% of my holding

[essentialinvestor] 16/6/2016 08:04

Report in the FT yesterday that some of the UK asset managers had seen
significant recent outflows.