Legal & General Share Discussion Threads

[spud] 07/7/2022 11:54

Agreed. And when this undervaluation is recognised by a foreign company by way of a bid, that is normally blocked!

spud

[dope007] 07/7/2022 11:52

Considering the recent falls +8p a a truely pathetic rise and symptomatic of the ongoing uselessness of UK mkts. I will happily add a collect the dividends but this is exactly why UK plc and consistently sold off abroad

[tommygriff] 07/7/2022 11:39

Business looks in very good shape

[mo123] 07/7/2022 11:25

It's rare to see a trading statement where you read 'strong' so many times and see that they are growing profits sustainably. It's a sleep easy share.

[woodhawk] 07/7/2022 11:06

Fine update this morning. I shall be further adding to my large position in LGEN as funds allow and the current fire sale continues.

[williamcooper104] 07/7/2022 10:59

Business is performing well ahead of the sp

[williamcooper104] 07/7/2022 10:58

Great trading statement Validates the theory that higher rates/spreads would see increased pension transfers as pension deficits fall

[anhar] 07/7/2022 10:38

Interim results due 09 August, divi xd 18 August, pd 26 September.

hxxps://group.legalandgeneral.com/en/investors/financial-calendar

Best to use the source for company info like this, rather than third party sites which can have errors.

[klotzak] 07/7/2022 10:34

It'll be H2 that shows up a tightening of belts and less policies and investments being sold. Good today, let's see what the divi is, if it's stagnant or still growing.

[rongetsrich] 07/7/2022 10:14

Could check on LGEN web page, or dividendmax site, where you can quickly get the previous divis and dates.

[rongetsrich] 07/7/2022 09:44

I'm pleased with the results, should get a few days of euphoria before general malaise with the recession and war.This is a resilient , almost defensive share now.

[wolansm] 07/7/2022 09:34

Thank you when will they announce a divi in a month or so

[phillis] 07/7/2022 09:31

That is because it is a trading update

[wolansm] 07/7/2022 09:30

New here what's the situation with an interim divi as don't see anything.

[tornado12] 07/7/2022 08:08

Yes, LGEN giving good update and manage much better the PR than others in the sector. I have a very big chunk of these in my ISA and glad to continue long term. A well covered DIVI at 8% is the reason to invest .. GLA

[johnoxxx] 07/7/2022 08:06

Excellent update, wonder if Trevs gloom and doom factored this update in hahah

[rcturner2] 07/7/2022 08:04

I have doubled up this morning at 238p.

[tuftymatt] 07/7/2022 07:57

Happy with that and happy to hold / add 👍🏻

[dope007] 07/7/2022 07:51

Intraday it went lower

[gbh2] 07/7/2022 07:50

Confident trading statement imo :)

[biddy74] 07/7/2022 07:44

Yes more than happy with that statement. In line with expectations, expecting double digit growth in cash and capital generation at H1. They note the groups overall exposure to inflation is minimal. Ftse set to open about 1% up so should see a bounce here.

[cfro] 07/7/2022 07:44

With everything going in the world todays update really is upbeat. As i wrote in my post above (322) you have to wonder after that then why on earth is this trading on a lowly pe of only seven.

[jubberjim] 07/7/2022 07:40

In my perverse way I hope you re correct in the crooked machinations you mentioned

Left my bid just above 231 was might disappointed last night looks like even more teeth gnashing at this rate I won t have any hair left

Frustration doesn't come close hopefully will take read across to my other insurance shares

Good luck everyone not such a bear at moment but I have been wrong before

[colonelgrim] 07/7/2022 07:31

Mornin Lads,

Trading Statement reads positive, aligned with our recent intraday movements the share price should move in our favour, if you are LONG that is!

But who knows, these crooked CFD brokers, might just take this down another 10 pence at the open!

Good luck, cos I think we are gonna need it!

[bountyhunter] 07/7/2022 07:28

Yes I thought it was pretty good and indicates to me that the decline in the share price is market related and not LGEN specific; in light of today's RNS is does not appear to be justified. With the yield approaching 8% I see this as a decent hedge against inflation with longer term capital growth prospects.