|Legal & General Group
||ORD 2 1/2P
||EPS - Basic
||Market Cap (m)
Legal & General Share Discussion Threads
Showing 10226 to 10248 of 10250 messages
|Judging by that article the movement is all down to computerized trading making a few quid every other day, guess it's a good game whilst waiting for the next round of dividend payments :)|
Try it now|
|Try and edit it starting with http instead of hxxp|
|Theoretical "Technical analysis" maybe at play here. See Link below
Don't you just hate it !!|
|The price movement on this is strange, I don't think I've held one that loses and gains 1%+ every other day.|
|Should be trading a lot higher on the dividend and stability.|
|Bought quite a few of these yesterday,moaning to myself that I was now paying more than I had sold them for a month back.Now feeling quite pleased after reading the shore cap thing and the share price today.|
|Just looking at the House Insurance benefit of holding these shares.|
|L&G offers growth and income opportunities, says Shore Capital - HTTP://citywire.co.uk/money/the-expert-view-imagination-aberdeen-and-ashtead/a977040?ref=citywire-money-picture-galleries-list#i=6
Shore Capital was impressed by a capital markets day at Legal & General (LGEN), which showcased the opportunities at the insurer.
Analyst Eamonn Flanagan reiterated his ‘buy’ recommendation, which, despite the positive response to its capital markets day, slipped 1.9%, or 4.6p, at 237p.
‘L&G hosted an intense but excellent capital markets event,’ he said. ‘The event succeeded, to us, in demonstrating the opportunities open to the group from market leading positions in the annuity, protection, lifetime mortgages, and asset management markets. These are supported by a powerful balance sheet, a highly capital efficient model, an appropriate risk appetite for direct investments and a very clear focus on cash generation.’
Flanagan said the benefits of a diversified model were ‘very evident’.
‘The c.6% forward yield anchored by net cash cover of over 1.5x and our expectation of c.7% per annum dividend growth in the coming years in itself should dictate a positive recommendation on the stock,’ said Flanagan.
‘However, the income attractions are only part of L&G’s investment case. As the [capital markets] event highlighted, the growth opportunities for this extremely well-managed business are substantial.’|
|Good to sell then in that case I would say.|
|Beats me how they can keep improving income by selling off parts of the business, the wording in the rns doesn't imply the part that's being sold off was running at a loss.|
|LEGAL & GENERAL TO SELL LEGAL & GENERAL NETHERLANDS TO CHESNARA PLC
Legal & General Group Plc ("Legal & General") has reached agreement in principle with Chesnara plc ("Chesnara") to sell Legal & General Nederland Levensverzekering Maatschappij N.V. ("Legal & General Netherlands") to Chesnara for €160 million. The sale of the business is expected to marginally improve the group coverage ratio, and be for a small IFRS profit.
Mark Gregory, Group Chief Financial Officer, Legal & General said: "Our strategy is focused on having scalable businesses in growth markets. As a consequence, over the last two years, we have disposed of a number of operations we no longer regard as core, including our Irish, French, Egyptian and Gulf businesses, and now we are doing the same with our Dutch business. We have also disposed of the Suffolk Life SIPP business in the UK and agreed a sale of Cofunds."
John Deane, Chief Executive Officer, Chesnara plc said: "Chesnara is delighted to be acquiring another well-run and attractive business in the Dutch life assurance market. As with our Swedish subsidiary Movestic, we will be writing protection and pension policies. This will complement our closed block consolidation business Waard. We see great opportunities for both organisations within the Chesnara group to deliver value to our customers, their advisors and our shareholders."
Legal & General Netherlands' Works Council (ondernemingsraad) has been asked for advice on the transaction, as required under Dutch law. The transaction is subject to the signing of a definitive agreement and the approval of regulatory authorities.
Legal & General Netherlands is headquartered in Hilversum, Netherlands. It was established in 1984, and Pieter Glas has been CEO since April 2016. It is a leading player in adviser-led risk and investment-linked products, sold through independent financial advisers, serving high-end affluent customers. It also has an established defined contribution group pension platform focused on Dutch SMEs. It has over 170,000 policyholders, funds under management are €2.2 billion, and it wrote gross written premiums of £25 million at H1 in 2016.
|I can confirm that the news was leaked to a very select few people last Wednesday.....errr, on Sky News!|
wet your knot
|oh so true|
|I wonder how much of today's news was leaked to some last week!|
|The recent share price drop left me wondering if I'd missed something when I researched this some months ago, however the last 24hrs has been quite reassuring :))|
|Similar thoughts NR|
|It's the best value insurance/asset manager stock. Should have filled my boots. Why is it we don't awlays trust our own judgements.|
|Got the wind in its sails this last 24hrs.|
|Looking good with nice divi yield still.|
|where are you guys, looks like we got the backing of the Donald
|Crazy swings in this market best to sit tight|
|Clinton recovers from email probe to regain poll lead over Trump