Legal & General Share Discussion Threads

[yump] 30/6/2024 17:49

Glastonbury mainly pop and older “stars” who can’t sing any more.

[jubberjim] 30/6/2024 15:48

Not expecting too much for the next few days

Will continue to stay out until after the election results are known in their entirety
There are bargains for the brave going begging but uncertainty holds sway for the present
Will add at 200 level in the unlikely event but .......think many more morsels might present themselves

Glastonbury very disappointing this year

Here comes the Summer good luck everyone

[zac0_4] 29/6/2024 12:26

Half year analysis shows, once again (surprise, surprise!), that my dividend paying holdings continue to be a drag on my overall portfolio performance.

17% of my portfolio by value is in 6 dividend paying holdings. The other 83% is mainly in global equity funds, split 55% managed and 45% tracker funds.

At the half year the total return from the portfolio is +10.8%. Equity funds are at +12.7% whilst dividend paying holdings are at +2.6%. LGEN has delivered a total return ytd of -3.7%.

You can't argue with results!

[rose_by_another_name] 27/6/2024 14:44

Not really a cut.

[tornado12] 27/6/2024 13:28

The 2025 divi cut from 5 to 2% growth, is something I can accept for a high income share like lGEN. The BB plan is more than this cut, if indeed, is at least 200 mil/yr. My hope is the new CEO will deliver more than this expectation, but needs up to 2 years to see it. The current Yield remains compelling & H1 results in early August (important milestone for new CEO)..

[skinny] 27/6/2024 13:25

Interesting.

[thamestrader] 27/6/2024 13:07

Note that "L&G International Index Trust" is actually a fund (OEIC/unit trust), not an investment trust.

If you prefer an instantly tradable investment trust: LGGG (L&G Global Growth) has identical performance, presumably because it tracks the same index.

Recently, though "Legal & General Global 100 Index Trust" (also an OEIC/unit trust) has performed better than either of the two mentioned above. I'm not aware of an IT equivalent, unfortunately.

[zac0_4] 27/6/2024 12:18

adejuk - I'm more than happy with the results achieved from a simple global equity tracker fund. Legal & General International Intex Trust Acc has been an excellent performer for me.

I've spent the last 2 years reducing my exposure to dividend paying holdings. They used to account for approx 35% by value of my portfolio. That's down to around 17% now. My aim is around 15%, or less, by value.

Good luck!

[biddy74] 26/6/2024 20:02

Tag57 PHNX bought Sunlife in 2016 when they bought AXA wealth for 375m

[adejuk] 26/6/2024 19:22

i hold 60k and am an ignorant income investor. i don't need the money but have
been struggling with the notion of selling into cash.
any advice welcome - but not ad hominem!

[bargainsniper] 26/6/2024 19:02

I think there's an uprising brewing not captured in the polls

[jubberjim] 26/6/2024 16:45

CWA1

Have a good holiday

Will try to avoid dropping my pearls for the duration

Enjoy

[pvb] 26/6/2024 16:01

...OK Teach!

[jubberjim] 26/6/2024 15:18

This new CEO is ticking all the boxes


Only trouble they is 'xx' ing nearly everyone

Heaven help us

[pander45] 26/6/2024 13:47

200 realistic for a top up.

[skinny] 26/6/2024 09:48

FWIW :- HSBC cuts Legal & General to 'hold' - price target 260 pence

And again 260 would be most acceptable.

[tag57] 26/6/2024 08:32

Phoenix selling off sun life after buying it 14 months ago isnt exactly inspiring.

[monet] 26/6/2024 08:14

HSBC cuts Legal & General to 'hold' - price target 260 pence. Maybe we should sell something off like Phoenix.

[bargainsniper] 25/6/2024 18:16

Yes the cheaper the share price the better for the buy back

[fionascott1234] 24/6/2024 17:15

I see the buyback is working fine......