|12:40 07/03/2014||Re: Results|
" ..how much more of a rise do holders expect from this stock. ... Yes, LGEN has performed extremely well but I doubt if this substantial rose has much further to go."
Fair points. I doubt LGEN will outperform anywhere near as much ( if at all ) as it has over the last five years which have been pretty extraordinary. Having said that, I suspect we'll see low double digit growth, or thereabouts, for the next couple of years and maybe beyond.
Given that sort of growth in profits I'd expect the sp to roughly follow the growth, so maybe we'll get an annualised capital gain of ~10% plus the divi. I'm pretty small time so all my profits will be tax-sheltered in either ISAs or SIPPs so I won't have any further tax bill to pay on the divis.
Nowt wrong with taking a profit though, it's what we're all working towards
BB By Boring Bernie
|12:12 06/03/2014||Re: Results|
| "The prime reason to hold is for a good dividend that's taxable"
Unless of course they are held in an ISA, hence a good long term hold By whatshouldIknow
|10:12 06/03/2014||Re: Results|
| Having held LGEN for 5 years and halved holding with off-loading at 217p and 236p how much more of a rise do holders expect from this stock. The prime reason to hold is for a good dividend that's taxable whereas taking some profit can be tax-free within CGT allowance. Yes, LGEN has performed extremely well but I doubt if this substantial rose has much further to go.
Cheers, RAC By RAConnell
|20:59 05/03/2014||Re: Results|
| Re "Whats causing the selling today. Look like great results? "
Results were good, but they were pretty much totally as expected without anything extraordinarily optimistic being announced for the current fin. year, so we've seen some profit taking. You see this time and again, a decent rise pre-results, results come along with nothing unexpected, so some people take profits and the sp drops. Then, after a few days, everything settles down and the sp then starts to reflect what's expected to happen in the future, rather then what's just happened.
In this case, all other things being equal, I'd expect us to drop a tad more and then start going up again. Mind you, I've been wrong so many times in life that I've stopped counting
BB ( still have a sp target of 250p +, hopefully within 6 months ) By Boring Bernie
|13:14 05/03/2014||Re: Results|
| No idea, Chicken Lips. Everything is up but the share price. By shadoo
|12:01 05/03/2014||Re: Results|
| Whats causing the selling today. Look like great results?
CL By Chicken Lips
| Final Results published this Wednesday. By king Zog
|9:54 26/02/2014||NEW ARTICLE: Eyes Down For Legal & General Group Plcâs Results|
| "Legal & General (LSE:LGEN) (NASDAQOTH: LGGNY.US) shareholders have had a pretty good recession â while others in the financial sector were struggling, they saw their investment bring home steady dividend income and a strong share-price ..."
http://www.iii.co.uk/node/149711 By II Editor
|15:54 18/02/2014||NEW ARTICLE: Why Legal & General Group Plc Has Great Growth Prospects|
| "The recession years were tough on the insurance and finance business, with a couple of the big insurers being forced to slash their dividends. But other than a small decline in 2009, Legal & General (LSE:LGEN) (NASDAQOTH: LGGNY.US) managed to ..."
http://www.iii.co.uk/node/148388 By II Editor
| Annuities should not be a problem for L&G as their normal pension annuity rates are consistently competitive. L&G make more I think from their Bulk Annuity contracts.
Not sure what you mean by Far East move. India is the only one I know about which is not making any money yet.
Is India far east??? By lord dalglish
|15:35 14/02/2014||Re: sp movement|
| yeah loving the nudge ; nudge ; all in the right direction after years of inactivity.
Interesting that the sector is coming under scrutiny for excessive profits on annuities of which LGEN is a major beneficiary.
Diversifying into the Far East proving to be a good move By give the dog a bone
|12:34 14/02/2014||sp movement|
| Anybody know why L&G has moved up very actively with 19 mill shares traded on Thursday.
Prelim results due 5 march.....perhaps someone has an idea what they are likely to be....all grist to the mill.... By lord dalglish
|23:54 13/02/2014||Re: NEW ARTICLE: What Are Legal & General Gr...|
| good call on LGEN ... they have been consistent sparkling performers over the past few weeks.
wonder if they are being considered ripe for takeover ? By give the dog a bone
|17:44 22/01/2014||NEW ARTICLE: What Are Legal & General Group plcâs Dividend Prospects Like Beyond 2014?|
| "Today I am looking at life insurance leviathan Legal & General Groupâs (LSE:LGEN) (NASDAQOTH: LGGNY.US) dividend outlook past 2014.
A stellar dividend selection
Legal & Generalâs long-term dividend outlook has improved markedly in recent ..."
http://www.iii.co.uk/node/142858 By II Editor
|10:34 20/01/2014||NEW ARTICLE: Legal & General Group Plc Could Help You Retire Early|
| "Momentum is a feature of investing that is easy to overlook. However, it can stimulate a companyâs valuation to a level well above its long term average and also in excess of that placed on the wider market.
Similarly, momentum against an ..."
http://www.iii.co.uk/node/142146 By II Editor