From: "Alex"
Newsgroups: uk.finance
Subject: Re: Additional Standard Life shares.
Date: 22 Jun 2006 10:51:46 GMT
At 22:17:21 on 21/06/2006, Paul Giverin delighted uk.finance by announcing:
> I have done quite well from the recent Standard Life demutualisation as I've
> got two polices that have been running for 24 years. I'm inclined to keep
> these shares for at least 12 months
Or less if they're taken over before next July.
> to take advantage of the "one extra share in 20" incentive.
> I'm also considering the offer to buy some additional shares with a 5%
> discount. These shares would also qualify for the extra "1 in 20" offer if I
> keep them for a year. If I chose to buy these additional shares, I would be
> using funds which are currently in a cash ISA with the Nationwide building
> society. Does this seem like a good move? I know that the shares will be
> more volatile but I will effectively be getting a 10% discount over 12
> months.
Plus the dividend which they reckon will be 5.4p in May (as 50% of the
estimated annual dividend).
> What is the conventional wisdom on Standard Life's prospects post
> demutualisation?
Everything I've heard so far seems to recommend it.
|