Legal & General Share Discussion Threads

[porsche1945] 16/10/2020 12:07

Own about 60k of these, down about 10k, surprised how hard they have been hit, capital destructive cxxp like Aviva with little or no dividend and hopless management who can never move the needle it’s no surprise they are a ftse dog but these should be doing better.

[cl0ckw0rk0range] 16/10/2020 07:14

Could well be another if the proposed circuit break lockdown goes ahead.

[washbear] 15/10/2020 14:01

A date for your diaries...This Monday 19th October Happy Anniversary of Black Monday.... Place your bets...

[cl0ckw0rk0range] 15/10/2020 09:29

Sure buy here's the rest of a BOD as to whether they can navigate that and make the most of a potentially poor situation.

[cl0ckw0rk0range] 15/10/2020 09:28

WB SORRY NO

[williamcooper104] 14/10/2020 17:55

Exactly - which is why you are not going to see huge amounts of commercial to resi conventions in prime markets overnight It'll come eventually when current use investment values get whacked - which happens when grey market sub-let rents feed into ERVs (the "market" rents red book valuations use)

[washbear] 14/10/2020 16:43

CWO ..were you a Telford holder ?

[cl0ckw0rk0range] 13/10/2020 23:27

Yes but they aren't going to are they.

[candid investor] 13/10/2020 21:31

Cut the advertising conkers , what was your general opinion about LGEN

[candid investor] 13/10/2020 21:29

Net curtains..the income comparisons look favourable, unless of course they get sick or lose their job

[thewheeliedealer] 13/10/2020 20:33

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes LGEN and why Insurers look more appealing than the Banks. We also chatted about loads of other Stocks and some Ideas for research, and the outlook for Markets and as usual a fair bit of educational stuff with regards to Investing.

Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 33) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer

[williamcooper104] 13/10/2020 18:12

Nothing stopping you selling a £100 asset for £30- £50 - you will get buyers

[netcurtains] 13/10/2020 18:01

Lord Gnome: re compensation for slave trade...Cant say the trade actually did Liverpool a lot of good in the long run. I would not be surprised to find that the average wage packet of an African American is higher than average pay packet in Liverpool. Wikipedia says: $58,985.00

[cl0ckw0rk0range] 13/10/2020 17:48

If the offices are empty and there's no lease then there's nothing stopping them flipping these, otherwise the rents are being subsidised either way in most instances.

[lord gnome] 13/10/2020 17:34

We are lumbered with a generation of political pygmies (apologies to pygmies - other persons of reduced stature are available). None of our current crop has the political nouse or intellectual ability of Tony Benn, Barbara Castle, Margaret Thatcher or Norman Tebbit. Boris wanted to be the Brexit PM and ended up being dealt a rotten hand with Covid. Labour must be so glad they lost the election.
Why the same two parties? I will tell you why. Name the leader of the LibDems? If you can, well done, not many can. Oh, and apparently, the Greens have just committed themselves to paying compensation for Britain's role in the slave trade. What utter woke drivel. That's our problem, there is no alternative.

[williamcooper104] 13/10/2020 15:33

Understand that feeling - but having read the Left Out book on Corbyn - he would have been worse - as hard as that is to imagine :)

[williamcooper104] 13/10/2020 15:32

We will see prime offices turned into resi - but that happens once current investment values tank - and not before

[scepticalinvestor] 13/10/2020 14:49

yes, absolute plonker of a PM. He did seem to show so much promise. He is so bad even Corbyn would have been a better choice in hindsight.

[cl0ckw0rk0range] 13/10/2020 14:37

You will see those redundant office spaces turned into accommodation quick as a flash. Prime locations and demand, higher rents.

[cl0ckw0rk0range] 13/10/2020 14:35

Whole markets down after BJ after hours yesterday.

[williamcooper104] 13/10/2020 13:00

Office and industrial rents are being largely paid - retail/leisure aren't But office market rental values are falling as there's loads of grey space coming onto the market as tenants sub-let at a discount Office capital values don't reflect that yet - but likely will soon as headline rents began to reflect new realities

[bothdavis] 13/10/2020 11:43

markets down on COVID and unemployment worries.