Legal & General Share Discussion Threads

[jubberjim] 22/11/2024 11:08

Net

'NO ONE BREATHE'!

Are you suddenly concerned about global warming?

I think methane as a side effect is a bigger problem.

I will continue to exhale but neither I nor anyone else is buying.

Be good

[netcurtains] 22/11/2024 08:42

Looking good.
No one breath.

[tornado12] 22/11/2024 07:58

CWA1, thanks for the heads up on the business update on 4th December. Maybe this will spring some optimism in the current SP

[jubberjim] 22/11/2024 07:44

Ok thanks very much Tag 57

Have a good one

[tag57] 22/11/2024 07:29

JJ - supposedly a move from Tech to cyclical stocks following Trump’s win / drop in unemployment claims suggesting the market is stronger than expected.

[jubberjim] 22/11/2024 07:03

I can tread water for 2 weeks

After all this and its compatriots have been doing much the same thing for the last few weeks.

Still think in light of the continued upsurge in the uncertainty else where in Europe and elsewhere the sidelines are the best place to be..

Its boring but there you go.

Any one know the reason for the Dow to take off last night in NY ?

Good weekend to all

[cwa1] 21/11/2024 19:13

Legal & General Group PLC (LSE:LGEN) is scheduled to provide a trading update on its institutional retirement business, which accounts for more than 50% of the group’s divisional earnings and remittances, on December 4.

Ahead of the update, UBS has forecasted full-year 2024 pension risk transfer (PRT) volumes to reach £10.2 billion, with £8.70 billion expected in the second half.

[cwa1] 21/11/2024 17:42

Enough already. Please. This is the LGEN board. Let's keep it reasonably on-topic.

Don't want to ban folk from the thread but enough about missiles, bunkers, etc, etc.

Thanks one and all

[mr hangman] 21/11/2024 17:01

They only way to keep up with inflation under dear RachelIs become a migrant/train driver/or work 4 days a week at theCouncil on a final salary scheme

[geckotheglorious] 21/11/2024 16:47

Dope007

We dont have any underground nuclear bunkers for the masses though. Just the Political class and other key personnel.

Whereas Russia's has shed loads of underground bunkers -and Moscow tube doubles as a city bunker.

[cwa1] 21/11/2024 13:58

OK, that's enough about ICBMs on the LGEN thread, thanks!

[dogwalker] 21/11/2024 13:47

'inter-continental ballistic missile'.

[netcurtains] 21/11/2024 13:39

What’s ICBM - the new international monetary policy?
Sorry but lots of you mentioned it but I’ve never heard of it

[scrwal] 21/11/2024 13:23

Well the markets and LGEN don't seem to be fazed by the alleged ICBM , which if it was didn't do much damage for what it was supposed to be.

[dope007] 21/11/2024 12:28

We also have ICBMs so his threat is pointless, because if he did attack NATO with one then all hell does break loose

[netcurtains] 21/11/2024 12:08

I'm down about 4% in LGEN, PHNX, MNG but since dividend is about 9-10% I'm about 5% up - so about keeping up with inflation.....

With ABDN I'm down about 9% so flat taking into account dividend but down if take into account inflation....

Whereas my more "wild" ideas of Pearson etc are about 40% up so not sure playing it super safe is working for me - currently...

[mcunliffe1] 21/11/2024 11:36

The reference to ICBM is significant. These are missiles that travel more than 5,500km. It would be a waste to use one against a close target.

If indeed it was an ICBM the significance lies in the potential threat to Ukraine supporters many miles distant from the frontline.

I can only guess, having no connection with anybody in Russia, that the populace may have been told the "Russian Military has today responded against imperial aggressors with an intercontinental ballistic missile".

Putin has made repeated threats and none have been carried through. At some point he needs to convince his detractors within Russia that he's prepared to up the ante.

[veryniceperson] 21/11/2024 10:52

Agree with that statement. Not looking pretty!

[spawny100] 21/11/2024 09:59

Now Russia responded with an ICBM. Not looking pretty..

[yump] 21/11/2024 09:28

I thought the time of highest risk was when a share price is high and there is no bad news.

[saltaire111] 21/11/2024 08:10

I am of the same view as @jordaggy above. I can’t understand why markets are at current levels while nato missiles are attacking Russia.

Far too much risk-on at present.

Salty

[jubberjim] 20/11/2024 16:02

Devon

It is my belief that liquidity is of paramount importance hence I will continue to advocate caution especially in light of the continued uncertainty now in place due to Putin and Trump.

For all the bombast and rhetoric spouted here and elsewhere I haven't changed my view

The markets are paralysed by fear as am I

Take care keep liquidity

[yump] 20/11/2024 14:47

Considering inflation is way lower than what it was, I’d guess the gov borrowing is having more effect on these income stocks. Seems daft for BOE to keep interest rate up, when rampant spending is not what caused the inflation.

[cwa1] 20/11/2024 13:54

Thanks, I WILL hold you to that :-)

[jordaggy] 20/11/2024 13:53

Sorry, no more off topic.