Legal & General Share Discussion Threads

[dfoc] 09/9/2020 16:43

Whats with all the holding announcements, are they all offloading or adding ?

[scepticalinvestor] 09/9/2020 16:32

yes I added at 197.7literally have no cash left - loaded up on ITV, LGEN and BOOgla

[woodhawk] 09/9/2020 16:02

Well, if someone's giving them away for less than 200p, I'll happily add. Ta.

[nick rubens] 09/9/2020 15:59

Yes, looking to buy for a short term trade as I'm not convinced the dividend is safe in the years ahead to hold long term.

[oggyrocks] 09/9/2020 15:58

Just jumped back in at 198. Seems a good long term hold.

[scepticalinvestor] 09/9/2020 15:50

5% in 2 daysinsider dealing or funds heavily offloadingif it drops to 195 i will be selling others to add.

[cl0ckw0rk0range] 09/9/2020 15:24

"However there is potential for short term trades perhaps, for gamblers before the potential of a fall off a cliff scenario if the dividend gets 're-based'."LOOOOOOOOL

[scepticalinvestor] 09/9/2020 14:35

aviva up 2%

[scepticalinvestor] 09/9/2020 14:34

lol shorters really know what they are doing here

[scepticalinvestor] 09/9/2020 14:28

huge trades coming through now

[scepticalinvestor] 09/9/2020 14:22

they won't cut the divi iow.

[milliethedog] 09/9/2020 14:18

Sold all Lgen day before XD @ 239.6 as had a thought it might drop more than divi payment.
Back in today @ 200.7
Seems a good level to enter at, tho will average down if drops c190 region....

GL all
M

[cordwainer] 09/9/2020 14:05

..doubt they'll cut in future or doubt they'll confirm no cut in future ??

[scepticalinvestor] 09/9/2020 13:01

Yep, was waiting for someone to bring that upUtter rubbish, they confirmed no cuts to the divi...doubt they will in future

[nick rubens] 09/9/2020 12:51

value type stock or value trap? The yield at 8.5% seems to be signalling a cut ahead.

If the dividend is maintained and even raised then this is a bargain, but how often does the market get a potential yield trap wrong?

However there is potential for short term trades perhaps, for gamblers before the potential of a fall off a cliff scenario if the dividend gets 're-based'.

[scepticalinvestor] 09/9/2020 11:45

what I can say is that when the trend changes this tends to do 5-6% in a day

[scepticalinvestor] 09/9/2020 11:10

haha dont know if I am right!but there seems to be a negative trend on LGEN hence the continual drop. It is not a massive drop though and there is substantial volumes so i expect to see the 220s again soon.This is a typical value type stock which requires patience imo.

[williamcooper104] 09/9/2020 11:08

I have a defined pot of capital for trading It scratches the trading itch and means I trade my buy n hold stocks much less

[netcurtains] 09/9/2020 10:19

SI: I know - You're right I'm absolutely hopeless at trading - investing is better for me - less worry and more profit - whats not to like.

[scepticalinvestor] 09/9/2020 10:14

haha this is not one to trade im afraid.good luck.

[netcurtains] 09/9/2020 09:43

I'm afraid it broke my stop loss I'm out. I was trading it and it failed....

[gbh2] 09/9/2020 08:42

Seems to have bottomed so I'm back in for a few.

[scobak] 09/9/2020 08:38

Marital problems,Cordwainer?

[cordwainer] 08/9/2020 15:44

added at 202.3p
missed 201p because of fidelity.

[netcurtains] 08/9/2020 15:15

cool Legal and general now into twitter accounts... wonderful.