Standard Life Aberdeen Share Discussion Threads

[spud] 23/10/2019 10:52

3p increase on current price CI. Not exactly sticking yer neck out now are you!!spud

[chinese investor] 23/10/2019 10:37

Improving BREXIT discussions will propel this to 300p plus.
IMO

[mister md] 22/10/2019 12:25

Glad I stuck with it now

[essentialinvestor] 22/10/2019 12:06

As I've just bought them at 2.09, they are not at 2.18 any more!!.

[chinese investor] 22/10/2019 12:06

I will be selling some more at £3.10.

[mcunliffe1] 22/10/2019 12:04

But C.I., 320 has been your expectation for so long.

Interesting outcome with M&G demerged from the Prudential. M&G are at about 220p a share at the moment whilst the Pru dropped (reasonable given a one for one share split). It however only dropped about 110p based on the current price.

I suppose the sum of the parts etc. holds true here. Yield on the M&G stock is up in the 8% region - similar to SLA according to the Motley Fool report. If M&G shares rise that yield will likely fall of course, as indeed will SLA yield should their share price continue to rise.

[chinese investor] 22/10/2019 10:47

I will be selling some at £3.

[cmackay] 22/10/2019 03:14

Now let's not take this to a naughty step situation.

[mcunliffe1] 21/10/2019 17:06

P.O.
You have a great way with words. Your reluctance to post on here with any regularity is denying us the benefit of your wisdom and humour. Our loss :-)

[pierre oreilly] 21/10/2019 15:14

A very wise choice not to consider mc. I must admit, it takes a degree of subtlety beyond that of a custard pie in the face to comprehend.

[mcunliffe1] 21/10/2019 15:05

Ooooh Pierre,

Having watered my barren ground - thankyou - I'm unable to consider - so you were correct in that at least.

And it's nice to hear from you on these rare occasions.

[pierre oreilly] 21/10/2019 14:45

Mc, I'm not minded to post here much these days, but I thought I'd pop in due to your statement about how much greater the divis would have been had the cash been paid as such and not as a buyback.

Here is something for you to consider ( or probably not), while it's true the level of divis would be higher in that case, the share price would be roughly less by a similar amount.

I accept that some seeds fall on barren ground.

[chinese investor] 21/10/2019 13:59

What's happening to the £140 million Scottish Widows settlement ?

[mcunliffe1] 21/10/2019 08:32

I thought divi's were generated by profits. The share price rise is probably down to Brexit hopes, M&G "Prexit" from the Pru and general market sentiment. SLA hasn't risen as much as L&G lately.

The last divi. payments were the same as those of a year ago - ie. zero increase. If anything, the recent (imo stupid) buy-back scheme will have a greater effect upon divi yields as earnings PER SHARE will be greater simply because there's less shares. However, think how much extra divi could have been paid over the next two-three tumultuous years had that share-buy back money been wisely invested and fed back to US during that period.

Let's see how M&G perform as they are now number three after SLA and Schroders (at no. one). They float today on the LSE in much more turbulent waters than SLA's float. Of course, SLA had the stability afforded to the ship by the two hulls - until recently :-)

[chinese investor] 21/10/2019 08:18

Current level of Dividend payments becomes more secure with these rises in the share price !

[mam fach] 17/10/2019 12:41

Insurance companies were well respected.
Standard Life, Scottish Widows, Equitable Life.
With profits insurance policies not worth taking out today.
Ones I took out 20 years ago will only probably repay my premiums.
Doesn't give people incentive to save.

[meijiman] 16/10/2019 12:16

Yes 20/30 years ago it was a top name...a must see on any visit to Edinburgh.
He will have been there when they had the commissionaires to meet and greet.

[mcunliffe1] 16/10/2019 11:18

My dad did meijiman :-) :-).

Long departed now but he'd be ashamed of the poor performances of late.

[meijiman] 16/10/2019 09:38

Look at Woodford..most of these fund managers are useless. You do not work at Standard Life is you are are one of the sharpest tools in the box.

[mcunliffe1] 16/10/2019 09:09

It's a Mad Mad World.

Stock markets again rise yesterday - as they did on Friday (OK, Monday wasn't great) and just like Friday my SLA Managed Pension drops down.

How do you "manage" to buck the trend when you're paid handsomely for your "expertise in managing funds"?

A dart the F.T. and a left-handed throw might work better I think. Me that is, not the managers at SLA down the pub of a lunchtime for a wee dram or three.

:-)

[tornado12] 12/10/2019 18:33

It’s no where near a done deal yet, but looks like Boris has found some wriggle room with EU. The biggest hurdle will be the stupid Parliament who have very anti view on exit and the will of the people. There are many twists left before this boil is finally lanced. Either way I’m bullish on LGEN and expect a further divi rise of circa 7% next year! Solid company with solid AUM and very healthy solvency levels 👍

[mcunliffe1] 12/10/2019 10:42

FTSE shares that are focussed on overseas markets fare well when the US Dollar is strong compared to the pound. Friday 11th saw more BLUE numbers than I've seen in many years. Pound up, Oil up, FTSE-250 seriously up. Quite incredible.

I remembered a radio interview I heard a couple of years ago where David Davies (then the Brexit sec.) explained that with Europe nothing would happen until the week before the deadline. May sacked him shortly after that - she wanted no deadlines, no action, no exit.

All credit to Boris. He's focussing everyone's mind on 31st October and hence movement is seen to be occuring.

[wllmherk] 11/10/2019 19:41

I agree MCunliffe, if a deal is agreed, no matter how good, even if wrapped up in a hammer and sickle, Comrade Corbyn and the fat SNP guy will vote it down. Bojo needs the DUP, rebel Conservatives and some Labour MP's to support the Gov. Hopefully they will realise that Joe Public is sick and tired of the whole circus and vote for a deal. I suspect a lot of undervalued FTSE shares will rocket if such a senario comes to pass.....like today ;)


wllm