Legal & General Share Discussion Threads

[luderitz] 24/3/2024 22:54

Now now settle down now all 😃

[wllmherk] 24/3/2024 21:59

CWA, I've been away all weekend and just catching up with all the recent posts. I'm getting solar panels and x2 5kw batteries installed this week coincidently, I would love to share my 'solar journey' with my fellow posters but, after your warning I'm not sure. There is a link to LGEN though in so far as the chunky dividend is helping to pay for the intallation, not sure if that would qualify as 'on topic' ?

wllm :)

PS: Pierre, c'mon, 'Pierre the great' is quite funny, made me laugh out loud :)

[bareknee] 24/3/2024 19:18

Luderitz

The pedant in me has to point out that the share price was pretty much consistently above 300p in Jan and Feb of 2020.

It just seems longer ago than that !

[luderitz] 24/3/2024 18:19

298p is the highest they’re been over their 10 year chart so still some way to go to get there then if they do that is.

[pierre oreilly] 24/3/2024 17:59

I never initiate 'calling people names' or worse. I have never 'called people names' on this thread before today, and I've been here donkey's years, as you know. Yump (who if you didn't know is my stalker and tries trashing many of my posts over advfn) stated the sarcastic 'Pierre the Great'. Perhaps you should concentrate on the initiators of any name calling, then you wouldn't get any at all.

My advice cwa is to relax the rules substantially during non-trading hours. Discussions only drift because people want them to drift. Just my view anyway.

[cwa1] 24/3/2024 17:44

Sorry Pierre Oreilly, it's unacceptable to me that just a few posts after asking people to stop completely off-topic posts you post yet another lengthy one and start calling people names in it too. That's taking it too far. Any more of them from you and I'll ban you from the thread. Please consider this a final warning and desist.

ALL, it's not a thread about anything and everything you want to talk about-even when it is out of hours. PLEASE respect the ethos of the thread and only post LGEN or very closely related stuff.

Thanks again for your consideration

[luderitz] 24/3/2024 16:53

This "off topic" situation often crops up on message boards I'm afraid, still some people benefit by it in some circumstances but not everyone likes them.

[mcunliffe1] 24/3/2024 16:44

Don't worry CWA - tomorrow will be back to business on LGEN I am sure.
Other threads have the same issue (on the RR thread there's discussions about tax, pension payments and the effect on divorcee maintenance payments).

There's little of merit to discuss on an investment that hibernates between 4:30 Friday and 8am Monday. And Easter will be much worse I'm sure.

[jubberjim] 24/3/2024 13:43

Well you know what they say

'Into everyone's life a little rain must fall'

Hope it will be a light shower, thought things were going to well.

[luderitz] 24/3/2024 13:40

This is true 😀

[yump] 24/3/2024 13:37

Well the umbrella is very pretty - how can a business using that be anything other than solid ;-)

[luderitz] 24/3/2024 12:05

In LGEN we trust.

[jubberjim] 24/3/2024 11:53

Welcome to my world CWA1

The news about lgen pulling back in China might have a negative effect on the share price but I am off the same opinion that while Xi continues to threaten and try to cowe. it's neighbours directly and indirectly everyone should try and bring pressure to bear on such actions.

Not going to be popular but I for one think it is a far better thing to be seen to trying to do something than blindly ignoring the bullying.

[netcurtains] 24/3/2024 10:44

LGEN is doing OK.
Thanks..

[netcurtains] 24/3/2024 10:36

If only we could have solar panel farms on the moon (direct sunlight) we would have near infinite energy...
Storage is the real issue not the generation..... That also goes for renewable energy generated on the earth...

[cwa1] 24/3/2024 10:36

I seem to have wandered in to an alternate universe this morning where this thread has morphed in to the solar energy and batteries thread. This is NOT the "anything but LGEN thread", it's actually the LGEN thread!

So, whilst I'm happy with a bit of leeway out of office hours, I think we've drifted as far off course as we need to.

Please can we drift back to chatting about LGEN now?

Much obliged all

[pierre oreilly] 24/3/2024 10:32

I didn't see anyone saying solar worked on heat. Anyone else?

They work on solar radiation, and there isn't much of that around 5-7 on a winter's evening. Re read the posts again Yump, now you know that.

As to batteries - yes, if they charge in the day (whether from solar or the grid) and they are depleted during the peak, they will help. A little. A minute amount. The scales are just orders of magnitude apart. If a large home battery system is 5kWh and is deployed over the peak two hours (and that can't be enforced yet), then that's a 2.5kW contribution to the 50GW (rounded to make the maths easier) demand. So one twenty millionth contribution. And that is a large, expensive home system. Igoring any in/out losses.

I too looked into retrofitting batteries, and it made no financial or social sense to me.

As to evs, mine doesn't have v2h, so I looked into tapping off the 12v to invert up to 230vac then feeding my heatpump (which has a 13A plug specified by me for this purpose). With 52kWh ev battery that would easily drive my a2a heatpump for 20h (the other 4h for recharging ev and driving hp from the mains because it very cheap with my tariff).

The v2g solution coming in a few years is OK, but not the great grid panacea most discuss - because, again, the grid performance (i.e. keeping the frequency within legal requirements and avoiding power cuts) is mainly only a problem for the 2 hour peak. There could be gains for grid stability in the face of even more intermittent generation as we build even more windmills, and that would be a gain if it eventually becomes instructable by the grid engineers.

All seems so very much easier, cheaper and low risk building several nukes, starting with mini nukes which could be quickly deployed. These days, we seem to be inventing lots of serious problems (intermittency being the major one) requiring complex solutions when there are very easy solutions readily available.

[luderitz] 24/3/2024 10:14

At Ecotricity they are using solar panels that attract sun rays on “both” sides therefore increasing the generation.

They space the panels accordingly in the fields they use.