Legal & General Share Discussion Threads

[williamcooper104] 08/9/2020 14:59

PHNX is good for income too - Divi is fat and looks safe - it's more a pure play annuity/closed book consolidator - it's got reasonable growth prospects which are not priced in the sp

[williamcooper104] 08/9/2020 14:56

It'll all wash out in the long term

[williamcooper104] 08/9/2020 14:56

Yep - you're right - IMO likely to retest March on a no deal, bad tempered, brexit Could be an epic row back from today's announcement - would hardly be first U turn

[cordwainer] 08/9/2020 14:55

unable to get a quote from Fidelity.

[scepticalinvestor] 08/9/2020 14:33

good man! I am holding over 20k of these and is the biggest position in my income pf.Really cant do wrong from this price imobe patient for capital gain though my friend.

[netcurtains] 08/9/2020 14:31

William if only you wrote that 5 minutes earlier. I knew it was doomed as soon as I hit the button!

[woodhawk] 08/9/2020 14:31

"but of course the share price will still tank and retest March"

There's no 'of course' about anything - if there was we'd all be very rich.

[williamcooper104] 08/9/2020 14:25

I'm holding of adding - still stunned at the government saying they'll break international law Looks like they are actively going for no deal With no deal LGENs divi should (I say tentatively) be safe - but of course the share price will still tank and retest March

[netcurtains] 08/9/2020 14:25

OK I bought some. Probably going to live to regret it as never meant to catch a falling knife.

[woodhawk] 08/9/2020 14:14

Decided to have another tranch myself. Hopefully I've bought myself a massive yield for many years to come, as my average buying price well under 208p now.

[scepticalinvestor] 08/9/2020 13:56

yep - could resist adding just under 5k shares at 201.5getting silly now

[skinny] 08/9/2020 13:42

Definitely in over sold territory.


free stock charts from uk.advfn.com

[scepticalinvestor] 08/9/2020 13:40

5% drop today?

[scepticalinvestor] 08/9/2020 13:37

What is reassuring is that there are substantially more buy trades (look at the price). Unlikely, yes, but I can only imagine that this is somehow being manipulated down for large insti's to buy in. It otherwise makes no sense.

[scepticalinvestor] 08/9/2020 13:23

yes, rsi support is at 201 and at 194doubt it will go any lower

[scepticalinvestor] 08/9/2020 13:16

haha due to the divi am not that bothered but it is outrageous that a quality stock like LGEN is priced to fail.

[williamcooper104] 08/9/2020 12:36

I'm happier with the aviva prefs - reassuringly boring made less boring with a little margin

[cordwainer] 08/9/2020 12:24

wait up..'a dog like aviva'? but i also hold aviva :-(

[netcurtains] 08/9/2020 11:47

Do you think there is a possibility it will go below 200?
(I dont have any yet but thinking about it)

[scepticalinvestor] 08/9/2020 10:41

Still in profit here after buying at the March / April lows. but annoying that a dog like aviva is up today whilst we are down!

[scepticalinvestor] 08/9/2020 10:40

500k buy - share price being manipulated down for these sorts of trades? Difficult but possible.

[gbh2] 08/9/2020 09:47

I'll not touch another bank But I'm also watching here, been out a good few weeks but share price now interesting.

[imastu pidgitaswell] 08/9/2020 09:35

A little perspective for you - I was in and out of here, very lucratively, between May and June when it was rangebound. And then it went above the level I sold at, so I left it alone, rather than buying back for more than I sold for.

Only now is it coming back on to my radar - so it is only coming back to its May/June range. Could be worse.

Not yet bought in but thinking about it, along with BARC - similar story for me.

[scepticalinvestor] 08/9/2020 09:29

Anyone know of any news? Further sell off on no news seems to be a constant theme for LGEN these days.