Legal & General Share Discussion Threads

[netcurtains] 07/12/2023 10:14

Standard Life going quite blue so I guess LGEN might follow. Touchwood!

[srichardson8] 06/12/2023 19:25

Just on the dividend they should (I believe) pay a final of 14.6 pence going ex dividend (very roughly) around April 24th and payment (again roughly) very early June very close to six months from today. That is a 6.2% return on today's close. Of course things can go wrong but currently sterling and other currencies are strengthening against the US$. I imagine there is a pretty nice hedged trade in there?
And their main (approx 40%)source of income currently is managing corporate pension funds and they have just acquired a very substabtial one, Boots. They seem to be pretty competent in this area. I THINK AND OF COURSE HOPE AS A HOLDER THAT THIS IS LUDICROUSLY UNDERVALUEd. lET'S SEE.

[jubberjim] 06/12/2023 17:34

I m sticking with Lgen

Pay their divi religiously don't quite understand why the hesitation on this

Overweighs on all shares hence nervousness across the likes of Av. Phnx

Mng in cloud cuckooland will not touch

My honest opinion

[mknight] 06/12/2023 16:29

How much would you pay for an 8.5% Divi

10 year US down to 4.11

[supermarky] 06/12/2023 15:45

This is starting to look promising. 3 month chart looks nice.

[123trev] 06/12/2023 11:59

Really thumbs a market fuelled by debt governments fuelled by debt and a consumer fuelled by debt where fiat currency has been eroded to such an extent that the challenge to the $ is now coming thick and fast from all directions which will have big implications and even bigger consequences.

[tornado12] 06/12/2023 08:48

Is there a share price mini recovery based on peaked interest rates and bond yields turning the corner ? I believe 2024 will see recovery as this trend should continue bar WW3 GLA

[mknight] 06/12/2023 08:01

US 10 year at 4.2% lgen 8.5 %

[netcurtains] 06/12/2023 07:59

Call that an inflated ego??? My ego is miles bigger than yours.. 😀

[jubberjim] 05/12/2023 15:50

We all have over inflated egos

Myself more than most


Stop the whingeing here and on other boards

Decent dividend even at these levels

Take it and shut up otherwise put the money into a fund where you believe you will do better

Market is governed by FOMO at moment

I ve got mine invested

I ve got some cash

I will wait for market to rediscover it's nerve

In the meantime I have beer Xmas and dividends incoming over the next 4 months

I am not going anywhere neither is the market

Get used to it

[speedsgh] 05/12/2023 14:40

Legal & General America leverages innovation to help close US individual life coverage gap, delivers record-setting, profitable growth -

[123trev] 05/12/2023 13:09

lol Dave what’s extreme about it? Pretty soon you will see just how extreme it is.

[dope007] 05/12/2023 11:45

FTSE underperforming yet again today. -46 DAX +31. Utterly ridiculous the state of UK markets at the moment. It's as if nobody wants to invest here, despite FTSE companies being on the global stage.

[davethehorse] 05/12/2023 11:05

Slightly extreme thinking but each to their iwn

[123trev] 04/12/2023 18:33

I’m surprised the U.S isn’t tanking can’t be long now before reality strikes with debt payments exceeding defence spending and that major debt sale just around the corner no wonder gold and crypto surging expect interest rates to start rising again soon.

[123trev] 04/12/2023 12:44

Not a great deal to get excited about nothing really for the high rollers and the huge walls of money are definitely in the U.S and overseas but how long that can last who knows. The important thing to notice is the recent surges I talked about and just where this money is coming from! Also worth noting that inflation can seem under control when it really isn’t and logic takes a back seat to gambling?

[tornado12] 04/12/2023 10:40

You make the right point Dope007, only UK PLC in the doldrums in 2023. Great news for income seekers, if really they can maintain their dividends and EPS.. Here is hoping !! GLA

[dope007] 04/12/2023 10:05

Only UK mkt keeps struggling. Others seem to be doing fine as per usual

[123trev] 04/12/2023 09:59

Crypto and gold surging add that to fixed income you can see why the market is struggling.

[dope007] 04/12/2023 09:46

And todays excuse? FTSE -50, DAX level.....

[arai] 04/12/2023 09:43

@MC, RECI looks interesting, seems to have massive ongoing fees though. Sorry ot.

[tornado12] 04/12/2023 07:47

I have to agree there is some reverse cycology, but for these lemings to fall over the cliff without taking evasive actions several months ago is breathtaking. We can throw as much money as you like at this government or any council and they still dont have enough. Is pure incompetence and invention of roles & costs that just continue the escalation. Need to cut out the waste and eliminate none value added roles. Would not survive in private sector.. Looks like FTSE opening on the back foot once again GLA

[123trev] 04/12/2023 07:01

Absolutely complete incompetence in nearly all government departments at all levels it seems. Looking at Nottingham city council how they managed to persuade themselves that they were equipped to deal in the cut throat energy markets is baffling to say the least. However there is an obvious funding gap created by central government that has been going on for years and has now for many reasons become critical. I almost believe that everything is being bought to its knees to make us understand we will have to pay even more.

[tornado12] 03/12/2023 11:23

Most if that is management incompetence and they should be sacked and bring in people with business mind approach. Not these woke council mentalities