|11:15 23/05/2015||Re: deluded investors|
| I am hovering to buy (back) and would be pleased to get in around 260.
I don't think I am deluded since the whole insurance sector in general seems to have been a pretty safe place to have my money over the last 5 years - notwithstanding the recovery in 5 star terms since the 2009/10 crash.
Have made plenty mistakes in other sectors but insurance has been insurance for me.
Happy to plod on here for years to come.
Dar. By daressaalam
|10:57 07/05/2015||Re: deluded investors|
| L &G 's fundamentals are still solid, with a dividend of 9.8 p for 2014 and 13p forecast for 2015, a share price of 100p seems very unlikely, assuming EPS and CFPS support that dividend, then a yield > 10% ought to be attractive to many buyers
By The Stallion
|21:43 06/05/2015||Beaufort Sec view|
| http://www.beaufortsecurities.com/img/pdfs/research/legalandgeneralgroup060515.pdf?jujrtyghfud52860a7843495a265a1332a268162 By IOMINVESTCOM
|17:52 06/05/2015||Hargreaves Lansdown view|
| http://www.hl.co.uk/shares/shares-search-results/l/legal-and-general-group-plc-ord-2.5p-shares?tab=security_research&utm_source=Silverpop&utm_medium=email&utm_campaign=E00RN&utm_content=Share%20research&theSource=E00RN&Override=1 By IOMINVESTCOM
|12:01 03/05/2015||deluded investors|
| This is officially the second longest bull market in history....average is 4-5 years...which is a little
Strange since we are supposed to be in the greatest recession since 1930s
Make no mistake this is a speculative bubble fuelled by near zero rates and printed money
lgen has been aided by the inflation of stocks and property via props...this is unsustainable and
Take a look in history and markets just don't rise forever and investors sitting on good gains
Should take some profits otherwise you could easily see it disappear...buy low sell high
lgen could easily fall back to 100p....don't be naive..stocks generally could fall 50%..particularly
Financials By taffychaff
|9:33 29/04/2015||Re: price drop|
| Being nosey, what are the alternatives to LG banks, supermarkets, pharma or cash. Not. All of these are paying a dividend right now or a very reduced one.
CL By Chicken Lips
|9:25 29/04/2015||Re: price drop|
| Think there will be drift ex divi
CL By Chicken Lips
|22:21 28/04/2015||Re: price drop|
| Indeed Lawrence, let it not happen.....
..but if it does, those who are a touch heavy in cash will have plenty to throw it at.
I came out at 281, having been a long-term stayer and am not unduly worried by the price drop because 250 ain't that far away, and at that price, it's all going back in - before or after the GE.
Given that Gorgeous George's pension reforms have been absolutely top of his many glorious achievements, it seems to me that LGEN, AVA and SLE et al, have been remarkably strong over the last 6 to 12 months.
OK, I don't have an annuity, wasn't even going to get one, didn't have to before age 75 anyway.
Couldn't ever see why anyone would find handing over £100k to an annuity provider good business since SIPPS have been around long enough for almost anyone to have realised that £100k invested in the previously mentioned annuity providers' shares would have been a far better gamble than just hoping to stay alive long enough to wear out the annuity shoes.
Where was I....?...ah, my anchored profits are all on the good ship "Insurance". Have had some other peaks and troughs but no other peaks have come anywhere near the insurance sector. And the kids now get it all tax free if I don't get there first.
Might even be able to get a big mortgage for a big boat and appoint myself big Captain.
Rum tot time.
Cheers and good luck,
|17:39 28/04/2015||Re: price drop|
P'raps Mr Market is gettin' frit that Red Ed and Ballsack might actually, against all common sense, get elected by the gr8 British public. LGEN owns about 3% of the entire stock market, innit, so one could see the value of that taking a horrendous lurch downwards in the event (hopefully remote) that we see the two prize chumps striding through the doors of Number 10 and Number 11 respectively.
PLEASE let it not happen!
LKH on the flybridge tracking steadily west, Kiel Canal By LK Hyman
|17:06 28/04/2015||price drop|
| With a price drop from 290 odd to 258 in less than a month things look bad.
Any ideas why such a drop.I know that the figs include the ex div drop but still for a relatively stable share to drop almost everyday for 3 weeks is a bit worrying By lord dalglish
|19:31 24/04/2015||Re: Support Level|
| I think it is all going to depend on the election. I agree that at sub 250p it looks a good buy, but Sturgeon getting any power will spook the markets. By Einstein the Second
|14:32 24/04/2015||Re: Support Level|
| Re "Anyone any thoughts on the support level"
It looks like we've had a bit of profit taking which has then pushed others into locking in some profits who might not otherwise have done so
Nothing wrong with taking profits by the way. I've done it myself recently ... and then watched the sp climb to nigh on three quid !
As to support levels ? No idea if I'm be honest. My gut reaction is that strong buying interest would reappear sub 250p. I've included a graph here but I'm certainly no chartist.
Bottom line, forecast eps for 2015 is 18 / 19p, forecast double digit growth and a 4.5%+ divi means L&G is likely to continue being a steady, if unspectatular performer. If the sp drops to low 250's, I may well top back up.
I look on it as a safe haven which I know I can pretty much put money into which isn't going to let me down massively so it's likely to be way better than cash.
BB By Boring Bernie
|8:18 24/04/2015||Re: X divi|
| In my flights of fancy over many shares over recent years, there is no such thing as the norm for sp movements up or down, cum or ex div.
This fellow has been a great riser for anybody who has been in it over the last 5 years and even a blip now doesn't unduly worry me....but, I did sell a block at 281 last week pre-ex-div as part of my cash build-up to soothe pre- election nerves and now I am thinking whatever price I see over the next few weeks, I can buy back at 8.35p discount, so to speak.
Thus at 260 (252 cum div) I will probably buy back in.
| Sold all L&G on 24th March at 294.76. Been thinking of buying back but this just keeps sliding.
Anyone any thoughts on the support level ? By GEONTX
|15:08 23/04/2015||Re: X divi|
| I think they are down again today, even accounting for the final dividend value of 8.35p. There has been a steady fall in the share price recently and hope this does not continue for too long!?
Eck8 By eck8