Legal & General Share Discussion Threads

[xongkudu] 25/10/2023 20:05

I see L & G has been named with HSBC and others as investing in CO’s making endangered and illegal wildlife products. Pangolins and Leopard etc. Why on earth don’t their PR and Financial Crime teams pick this stuff up? Disgusting and embarrassing.

Beggars belief.

[rongetsrich] 25/10/2023 19:41

I see the village has let loose with a couple of inbreeds.

[shalder] 25/10/2023 17:20

Indeed. But the eagle flies on Friday.

[jubberjim] 25/10/2023 15:12

Sceptical

I asked question earlier this month

Is in the lap of the gods
Abdn I think 14/11
Aviva 17/11

Good luck

[netcurtains] 25/10/2023 15:04

We're at the 2022 low..
Ouch....

[skinny] 25/10/2023 14:15

It depends on your time scale - but there is one clear winner (yield not withstanding) :-

[scepticalinvestor] 25/10/2023 14:08

LGEN quite obviously the dog of the insurers

[dudishes] 25/10/2023 13:36

18K down. 2K up with PHNX.

Being daft as a brush, may stuff more finance in.

Do tempt me not to!

One thought, buck the trend, as account, down a bit, but pretty solid?

Shorts do well, chasing the 9/10% divi, wrong?

A new area, good fun, right for some, not for me?

[mcunliffe1] 25/10/2023 10:47

netcurtains: the graph in post 3984 puzzles me. First, the g is missing from the web link (legal-and-eneral) and then the graph itself shows this:

Average dividend yield, last 5 years: 713.25% ????

L&G was 327th in the list of high divi. payers. Abrdn was listed in 331st place with a 714.3% avg. divi yield over last 5 years.


Maybe companiesmarketcap.com is confused.

[yump] 25/10/2023 10:32

If you like charts, didn’t hit the upper trendline and now below the bottom one.

[wllmherk] 25/10/2023 10:10

Several of my shares hit YTD lows this morning, LGEN, PHNX, SUPR, GCP. Spoiled for choice for reinvesting dividends, question is, how much lower will they fall?

wllm :)

[netcurtains] 25/10/2023 09:28

this is a great graph

[netcurtains] 25/10/2023 09:26

Dividend yield now 9.61%.....
If it gets to 10% I will almost certainly buy more (depending on global news)

[action] 25/10/2023 09:19

It appears market is expecting recession next year in USA. Hence fund managers, banks, ins companies are hammered on daily basis.

[klotzak] 25/10/2023 09:12

It this slips through 200 where is the next support?

[davethehorse] 25/10/2023 09:05

Sub 200p come Friday...??

[scepticalinvestor] 25/10/2023 08:50

When is the next trading update? Last year was early Oct

[smith99] 24/10/2023 21:33

true spud but also learning when to step aside, or get out completely. Since I sold here for example I have prevented a 15% fall in capital (so far). Now this may not suit everyone but it suits me to be a very cautious invested and every recession I can usually increase my portfolio by a good 75% minimum in 2 years

[spud] 24/10/2023 19:36

Exactly damanko. Investing is 95% sitting on your hands. In a word, patience. spud

[damanko] 24/10/2023 18:39

anhar, ditto, well said.

Markets are markets, wherever we live on this planet. Apples, mangoes, second hand clothing in Africa..., you name it.

I also stay invested throughout, I almost feel sorry for newer investors stroke day traders. Almost. If they had bought L&G at 90 odd pence like I did 2+ decades ago, and only ever reinvested the dividends (I don't need income at this stage of the game...), there would be few complaints.

Regards
d.

[drectly] 24/10/2023 18:38

make ssense anhar, but even when investing just for a long term income, purchase of the likes of LGEN at £2 rather than nearer £3 helps a lot. What is not so obvious at the moment, just over two pounds looks a great time too add more, but it did at 2-60 when i was adding then. So more now, or keep waiting? So probably, a bit more now and wait and see.

[anhar] 24/10/2023 17:52

All a load of macro talk which says nothing useful imo about LGEN specifically.

I can say for certain that there will be a serious market fall at some stage and similarly there will be a market boom at some stage. That's because such events are inevitable so there's no prizes for such predictioins. I've lived through several of them over decades of investing.

My answer is not to try and time them because that's too risky to get wrong. I just stay invested throughout and ignore talk about forthcoming periods of recession/boom/stasis. But then I'm just an income investor who pays little heed to share prices. I doubt anything going seriously wrong with LGEN but of course there are no guarantees with shares.

[cassini] 24/10/2023 17:21

It's often noted that in an inflation versus taxation choice Governments go for inflation (i.e. borrowing/printing).

The reason is that the average voter knows where the blame lies when being taxed until his pips are squeaking, but inflation is more insidious.

There are ways to lowball the reported level(BoE change the whole historical inflation dataset in 2019 for instance to lower it), not least by the techniques of substitution and 'hedonic deflation'.

I saw a quote from US Nobel prize-winning economist Paul Krugman the other day and he said that if we take out food, energy and shelter from the calculation then the battle against inflation is being won. Well duh!