Standard Life shares

[Goldspot]

Anybody got the prospectus ? what option are you going to take? and why ?

[madham]

Hi, I have the propesctus, my imput only gives me 187 shares at present as I wasn't wiht the scheme long. I have the finances to purchase �1,000 worth, but I have no idea what extra shares that will give me or what they will be worth as a yearly return....

Don't know much about finance, hence on here. What are you thoughts, I am definitely not selling the ones I have, but need to ask my dad's advice if to invest the only money I have saved (as a single working parent) into the scheme).

[Goldspot]

Thanx for your reply.
I am getting 461 shares. I am considering buying another �1000.00 worth as they offer one extra share for every 20 you have if you keep them for one calendar year.
I was wondering whether anyone had any information on long term forecasts for this company (i.e would the share price drop) . I realise that it is pot luck , but any information would be grateful.

The literature suggests circa �2.50 a share would start off. That would give you 400 extra shares (587 in total) plus another 28 after a year (615 in total). That would make your holding worth � 1537.50 (after one year) presuming the share price stays the same

[madham]

Thank you Goldspot for working that out for me, aprreciate it.

So it would be worth holding onto them for at least a year then, what is the minimum time you have to have them before you could sell?

[Goldspot]

I presume one year, although I would hang on to them , till the price is right for you to sell.
You will also get dividends every 6 months.
I don't hold a great deal of shares , but i don't sell them either , just bank the dividends away (sometimes getting more shares instead of dividends).
I regard it as a nest egg and will only sell if i need the money or if i get a whisper that they are going to crash.
Good luck out there.