Legal & General Share Discussion Threads

[cl0ckw0rk0range] 11/9/2020 15:31

It's a real shame they have made the markets so accessible.

[ramellous] 11/9/2020 15:25

Is this dropping along with the £dropping against $. US investors are losing on fx here if they think £ dropping more so might be bailing out.

[eurofox] 11/9/2020 15:24

Look at Aviva fly

[williamcooper104] 11/9/2020 15:17

Agree - but not bothered so long as the divi is not cut I'm not expecting a quick capital gain

[scepticalinvestor] 11/9/2020 14:39

looking set to bounce strongly imo.Excellent volume - if it is not back to 200p or more by this time next week I will be dumping the entirety of my holding.(so am pretty confident!)

[gary1966] 11/9/2020 14:00

Decided to put the proceeds from my sale of Aviva shares the other day into here as can't really understand the major disconnect in share prices of late between the two. 2&14 day RSI completely bombed out. May well fall a little further but can't really see much further downside unless there is a general market sell off.

GLA

[tricky20] 11/9/2020 11:24

Could not agree more Clock. Where else are you going to get a safe 9% yield?

[cl0ckw0rk0range] 11/9/2020 10:59

So now based on absolutely no evidence you are suggesting they are not paying the next dividend.Sub £2 fill your boots.

[spcecks] 11/9/2020 09:49

I'm happy to add at these prices to my already large holding for the long term and dividend.

[nick rubens] 11/9/2020 09:43

"Looks to be loads of disposals in what's a bad time to be dumping shares,"

They are not LGEN's assets, rather they are managed by LGEN for a fee on behalf of others (pension funds, individual investors, unit trusts etc).

If the markets drift lower then the commissions will drop a little, but that's about it, unless they loose clients also.

Would LGEN own any of these companies on behalf of LGEN shareholders? That would make them an investment trust, wouldn't it?

[gbh2] 11/9/2020 08:35

Need to read a few of your own then.

[scepticalinvestor] 11/9/2020 08:29

Lol I don't think I have heard such an ignorant comment for a while

[gbh2] 11/9/2020 08:18

Looks to be loads of disposals in what's a bad time to be dumping shares, they must be desperate for cash and whilst I read that they were paying the last dividend there doesn't appear to be anything regarding dividend amounts after that!

[cl0ckw0rk0range] 11/9/2020 06:52

They are a fund manager, if a company they hold does not perform or falls outside of their investment criteria they will reduce exposure or sell completely - you do know how the markets work right?

[cl0ckw0rk0range] 11/9/2020 06:51

They have a progressive dividend look at previous.

[williamcooper104] 10/9/2020 18:30

Amusing that the same person who votes down bull and bear posts now seems to be equally voting down pro and anti brexit posts :)

[williamcooper104] 10/9/2020 18:29

There could well be a last minute deal - but it won't be Germany backing down

[wm2020] 10/9/2020 18:23

Yep, Boris playing a game of chicken with the EU, who will blink first???

[tricky20] 10/9/2020 17:32

Takes 2 to Tango William.I still believe there will be a last minute deal.Germany cannot afford for there not to be for alot of reasons.

[williamcooper104] 10/9/2020 17:28

Yep - don't think you need many political connections to work out that one

[tricky20] 10/9/2020 17:24

I would guess that they are betting on a no deal Brexit.Paul Marshall is very politically connected.

[tricky20] 10/9/2020 17:17

Thanks for that,makes sense for the stock drop.Wonder what their thought process is?