Legal & General Share Discussion Threads

[skinny] 15/8/2024 11:13

A bit of 'boring' in your portfolio can be a good thing.

[adejuk] 15/8/2024 10:53

i am still in profit on my holding and the divi is exceptional
so boring though.
the new ceo has gone like a lead balloon

[cwa1] 15/8/2024 09:37

Legal & General has areas of concern, says RBC



Legal & General Group PLC's (LSE:LGEN) recent results contained a couple of areas of potential concern suggests, Canadian bank RBC.

Annuity margins and the continuing reliance on non-core asset portfolio (CIU) are the areas that worry RBC, with annuity volumes driven by price cuts and more entrants into what is becoming a crowded market.

Dividends meanwhile remain reliant on CIU income. L&G manages the non-core assets within the corporate investment unit (CIU) to maximise the potential sale value, but RBC notes there were impairments in the latest numbers, notably Salary Finance.

RBC has kept its price target unchanged at 245p, with a 'sector perform' rating.

[geckotheglorious] 15/8/2024 06:18

MCunliffe1
Post 6338
The sensible place for the new houses would be the same places the new immigrants are currently located.

Doesn't that encourage ghettoisation? See districts in Paris for example, or Northern England towns. Large pockets of poor immigrants that do not integrate/assimilate.

[nerja] 14/8/2024 20:09

Try this for future ref hxxps://www.dividenddata.co.uk/

Xdiv 22nd august

[mr.oz] 14/8/2024 19:53

Have we got the ex div date, pls ?

[alphorn] 14/8/2024 17:49

MC #338. Good points. We commented recently driving in France how many industrial parks were available just outside urban areas. Quite impressive.

[mcunliffe1] 14/8/2024 17:07

Apologies pvb - I have wandered slightly off the LGEN topic albeit Tokamak is a LGEN investment. Point taken though.

[mcunliffe1] 14/8/2024 16:53

The sensible place for the new houses would be the same places the new immigrants are currently located. But alongside those new houses there needs to be employment and infrastructure.

The other day I was looking at Tokamak, the fusion company based in Oxfordshire that LGEN have some investment in. I used google street map facility to look at the Tokamak building. It's on a science park type industrial area in Abingdon, OX14.

The area reminded me very much of the Kelvin Road Ind. area in Crawley where Rediffusion Computers HQ was based.

There is nothing like that in the North West of England where I have lived for my 67 years. Oh, there are small centres of excellence tucked-away; Barnoldswick is where the blades for RR's jet engines are made.

But no innovative, science parks on the scale of what I saw in OX14.

I see though that a massive expansion of a Bedfordshire village from 600 souls to a quarter of a million is being suggested. Because it's close to Oxford, Cambridge and London.

Blackburn, Bolton, Wigan and Burnley isn't. Yet the northern mill towns are exactly where the past immigrant families settled and hence, the new immigrants gravitate to the same areas given the chance.

I will be surprised if increased house development in the NW and NE of England results.

[pvb] 14/8/2024 16:42

...Didn't realise this thread, also, was a conspiracy thread.

[geckotheglorious] 14/8/2024 16:41

You will own nothing, and be happy.

[geckotheglorious] 14/8/2024 16:41

Man Builds Amazing DIY Container Home with Foldable Terrace | Low-Cost Housing ‪@PLAHOUSE-CONTAINER
‬

[pvb] 14/8/2024 15:58

GeckotheGlorious 14 Aug '24 - 13:04 - 6328 of 6333

MCunliffe

"Labour are TALKING about building but awaiting (for a year) a report into the ideal locations of these hoped-for new homes."

Betcha they'll be in solid blue neighbourhoods where people have paid through the nose to get away from the "people" these new social/assisted housing are for.

All out of spite of course!

Contemporary Conservative thinking, at it's 'best'?

[netcurtains] 14/8/2024 15:16

Berkley House Builders up 4%........

(Cala Homes)

[tag57] 14/8/2024 14:55

300tuk, sounds like a wonderful place to live out retirement, not.

[3ootuk] 14/8/2024 14:32

MC..there's a retirement block going up near us. It's basically portacabin type units being stacked. One step up from single layer mobile homes.
Very fast build as no brickwork, and I assume the final finish will be some sort of cladding.
Will have to see what they price them at.

[3ootuk] 14/8/2024 14:05

New towns will need water from reservoirs and sewage treatment plants, so these need to be built/expanded before any large scale development. New towns like Milton Keynes...where will the Drs, dentists, schools etc come from.
Housebuilders would love greenfield sites, but maybe modular flats in urban regeneration areas make more sense.

[geckotheglorious] 14/8/2024 12:04

MCunliffe

"Labour are TALKING about building but awaiting (for a year) a report into the ideal locations of these hoped-for new homes."

Betcha they'll be in solid blue neighbourhoods where people have paid through the nose to get away from the "people" these new social/assisted housing are for.

All out of spite of course!

[netcurtains] 14/8/2024 11:10

last time the it went ex-divi it fell more than the divi..

It by no means certain this will happen again.
Quite often at the end of August and beginning of Sept the stock market
can be quite bouyant...
Touchwood.

[123trev] 14/8/2024 09:40

The problem here is IFRS17 and interest rates firstly I get the CSM and putting such a large chunk of retained profits in there but it’s difficult to work out if this will ever deliver the Stella returns the company once enjoyed. I see interest rates landing between 3.5-4% and staying there for years with the occasional wobble any thoughts anyone!

[p0pper] 14/8/2024 09:38

Not quite sure why the Gov / councils don't revitalise some of the hundreds and hundreds of old derelict houses / ind sites for new homes, you travel by train and most big towns and especially cities have these sites everywhere, a real eyesore.

[netcurtains] 14/8/2024 09:35

MC: We dont have to wait for Labour. The Conservatives already laxed the planning laws and there are already quite large estates almost completed. With interest rates dipping many of these Conservative Estates will start selling well..... Feeding into the next stage next year, the Labour Estates..... Some people are already talking about plans for a new CITY expanding CARDIFF along the M4 to NEWPORT (rivaling Manchester in size).