Legal & General Share Discussion Threads

[jubberjim] 20/11/2024 16:02

Devon

It is my belief that liquidity is of paramount importance hence I will continue to advocate caution especially in light of the continued uncertainty now in place due to Putin and Trump.

For all the bombast and rhetoric spouted here and elsewhere I haven't changed my view

The markets are paralysed by fear as am I

Take care keep liquidity

[yump] 20/11/2024 14:47

Considering inflation is way lower than what it was, I’d guess the gov borrowing is having more effect on these income stocks. Seems daft for BOE to keep interest rate up, when rampant spending is not what caused the inflation.

[cwa1] 20/11/2024 13:54

Thanks, I WILL hold you to that :-)

[jordaggy] 20/11/2024 13:53

Sorry, no more off topic.

[jordaggy] 20/11/2024 13:52

The US blew up the Nordstream pipeline to ensure Germany buys its gas from the US and to cut off a revenue stream for Russia. It's crippling the German economy. Mass immigration and near zero growth is hurting, yet the DAX is in la la land. Funny old world innit. I understand that money has to go somewhere but I just don't see any growth in the UK economy and Europe is looking poorer by the year. US credit card debt is at an all time high and insolvencies increasing at an alarming level.
I'm with Buffet, I just can't see where to buy and like Buffet, I'm only invested in money markets until such a time we see a turn around. I've been in and out of LGEN and Aviva a few times and made modest profits, but for now I'm staying in cash/money ETF's.

[tornado12] 20/11/2024 13:27

With inflation going the wrong way and expected to rise further into 2025, I guess no rate cut next month or in early next year. The strain on the UK asset market to continue ..GLA

[cwa1] 20/11/2024 13:16

OK chaps, before it veers too far let's keep it focussed on Legal and Genaral please.

Thanks

[jordaggy] 20/11/2024 13:11

Trump has also reached out using back channels. I regard Putin as sane, the neocons are insane. No real power should be given to any politician who don't have children. They lack empathy, they will never understand love, except love for themselves.

[action] 20/11/2024 12:47

Only China may be able to influence Putin not to escalate this war..

[action] 20/11/2024 12:45

Ukraine war cloud getting darker and darker as we speak. Everything getting out of control ie inflation south China Sea situation .

[jordaggy] 20/11/2024 12:07

I'm waiting to see what response Putin has prepared. I foresee a major black swan event if the idiots running NATO don't back off.

[yump] 20/11/2024 12:05

There seem to be quite a few folk buying low with these income stocks. I thought the idea was to chase shares up with Fomo ;-)

[tornado12] 20/11/2024 10:51

If we are still here come April, will again be adding into my new ISA. Great income play YoY.. GLA

[devonbeachbum] 20/11/2024 09:09

Jim - so your going to wait until there's more certainty and buyers until you add. So you'll pay more for the same share you can buy cheap as chips now. Oh well, each to their own. Personally I'm filling my boots with cheap dividend stocks right now.

[jubberjim] 18/11/2024 12:55

These are not normal times unfortunately.

Although Long of these Lgen alongside abdn , Aviva and Phnx the Ftse in general has got a good dose of fear engendered by the comments of Trump and his picks?

Am content to hold what i have and collect the dividends in due course but I do not see the markets gaining any momentum while the fear and uncertainty dominate.

Have levels where I will be willing to add but not under these circumstances.

Easy to get into but a bark to get out off.

My fence is getting almighty crowded at the moment

will need to see buyers return and that ain't happening at the moment

[tornado12] 18/11/2024 12:24

I think we all know LGEN have a normal working range of circa 210 -260p.... The share price reflects also heavily on the state on UKPLC, as the business focus is here. Today, we are operating in the lower half of this range and reflects the economic situation. I do not believe this fully reflects LGEN ability to pay consistent fwd dividends and hence, why I am invested in this pretty boring company. I always look forward to the updates to confirm their ambitions and dividend consistency. So far not let me down in last 8 years I have invested (+ many annual top-ups ! .. GLA

[robertbarns1] 18/11/2024 10:31

heading to 300p lol




glad i bought more at 2.14p now

[adejuk] 18/11/2024 10:10

surprise !

[joshuam] 18/11/2024 08:29

Wildly different views on which way the share price is going here

[dcarn] 18/11/2024 08:24

Well i finally got into LGEN over the last couple of weeks at an average of just under 218p. More than happy to hold for the long term and take divi, any capital appreciation is a bonus.

[goldgeezer] 18/11/2024 08:08

What nonsense. Fantastic to hold for income

[cwa1] 18/11/2024 07:39

*BARCLAYS RAISES LEGAL & GENERAL PRICE TARGET TO 330 (320) PENCE - 'OVERWEIGHT'

[vickiitwo2] 17/11/2024 23:30

There is no upside here, no growth whatsoever just a gradual attrition of sp
awaiting the inevitable fall of an overbought dow. No legs of its own, languishing like a useless behemoth Beware!!

[123trev] 15/11/2024 10:53

Remember folks it’s options expiry day !

[rongetsrich] 15/11/2024 09:49

Have you done any research on LGEN at all?