M&g Share Discussion Threads

[rongetsrich] 24/4/2024 15:44

I'm out today, Paul. Let's see what happens tomorrow.If it isn't too plan then MNG are cheap enough to get in early with that same money. Always have a plan and a backup plan!

[sjl301] 24/4/2024 15:12

Hopefully the weakness holds until the divi gets paid.

[skinny] 24/4/2024 12:25

Very low (comparatively) volume (so far) today.

[jsg123] 24/4/2024 12:22

Poor performance the last month really, 15% down and ftse all time high. Strange

[lab305] 24/4/2024 12:14

Poor performance today considering the Ftse100. They should start buybacks in earnest.

[baldrick1] 23/4/2024 16:11

202p support level.

[rongetsrich] 23/4/2024 09:07

I think cjac can and does disappear for periods with travel. I don't think he lives and breathes on here when he's appreciating his wealth in a foreign land!

[pete160] 23/4/2024 08:21

I too miss cjac's well reasoned insights. Hopefully they've been quieter because they're secretly working on a bid for MNG ? :-)

[ianood] 23/4/2024 07:37

Has anybody seen anything of cjac? Must say that I am missing his valuable input and understanding of the insurance market.

[action] 22/4/2024 11:51

Will go to 208p to 210p level.

[baldrick1] 22/4/2024 11:27

205p resistance.

[jubberjim] 20/4/2024 08:11

Circumstances dictate that until dividends start appearing in my account in May/thru June my hands are tied.

Think this fall exacerbated by the decline in Prudential share price(another missed opportunity)? but BATS and Phnx couldn't be ignored at these levels.

Patience required in this topsy turvy market,

Good Luck

[rongetsrich] 19/4/2024 15:46

Missing the bottom? Ha, I bet your bag has never been the first one on the carousel! Mine hasn't either, but as long as it's close that's good enough, I reckon.The problem now is the price has zip all to do with fundamentals for the time being... it will present opportunities, that's for sure.

[skinny] 19/4/2024 15:11

I'm still looking to add here, but am in no hurry until macro events become clearer / more positive.

If that means missing the bottom - so be it.

[rongetsrich] 19/4/2024 14:45

Anyone taking advantage today? I may indulge further next week, but nothing is clear on the MNG or Middle East fronts, so breathing space and time to see what develops. It could be over, with both sides having the last day, or it could be we're about to see the share price really tank.No sign of my confused pal, but he was caught out selling when he was buying then he sold the week before. It's about confidence now, there is money to be made.

[baldrick1] 19/4/2024 10:43

Back to 180p shorts list.. cut in interest rates being pushed back.

[helen troy] 18/4/2024 13:14

I missed the trading opportunity and am resigned to leaving my holding here for a year. Glad it looks like the divi could be maintained. I see the share price recovering slowly slowly.

[lab305] 18/4/2024 10:28

Over 2022 and 2023, we generated £1.8 billion of operating capital, which puts us in a very good position to achieve our three-year cumulative operating capital generation target of £2.5 billion by end of year.

The 2023 total ordinary dividend of 19.7 pence per share (2022: 19.6 pence per share) is in line with our policy of stable or increasing dividends. The second interim dividend of 13.2 pence per share is payable on 9 May 2024.

[rongetsrich] 18/4/2024 10:05

Any ideas if the dividend cannot be maintained?

[baldrick1] 18/4/2024 09:26

Some say 180p.???

[baldrick1] 18/4/2024 08:48

205p coming soon

[tewkesbury] 18/4/2024 08:06

Look good if the divi is maintained.

[rado6700] 17/4/2024 23:24

We should all email M&G and request that they pay dividends quarterly Probably less volatility then.

[tewkesbury] 17/4/2024 12:43

The divi is looking very attractive.