Legal & General Share Discussion Threads

[yump] 29/11/2024 17:19

If it were a company specific low share price it would be more of a worry. As it is there are so many high yielders that its guesswork which might have any unforeseen problems.

Bit different to high yielders in an overall positive market.

[spawny100] 29/11/2024 16:33

Not necessarily. Whenever dividend yield get to 10%+ it's often the market indicating it thinks a cut is likely. If a high dividend always implied a share is undervalued it would be easy for us all to find our next share purchase!

[netcurtains] 29/11/2024 16:17

The dividend yield should be about 5-7%
As its nearer 10% that implies

"MASSIVELY SO"

Is correct.

[adejuk] 29/11/2024 15:31

>hel
massively so

[heialex1] 29/11/2024 06:58

Undervalued sector...

[jubberjim] 29/11/2024 06:00

With the anticipated dividends on offer at both Phnx and Lgen and even Abdn they are a steal at these levels.

Still holding out on Mng but very tempted on back of dlg shenanigans.

I hope Amanda Blanc knows what she is doing She hasn't put a foot wrong so far apart from my initial gripe from way back.

In these topsy turvy times I have to take my hat off to her.

I hope Simoes has been making notes.

Good luck all

[deanowls] 28/11/2024 14:49

Any peace deal that leads to an end to the Palestinian issue would be good for the market as the suez would again be a viable route which would bring down shipping costs and timelines.

[adejuk] 28/11/2024 14:42

anhar
the undervaluation in the sector

[netcurtains] 28/11/2024 14:26

Bids do tend to put others in the frame....
Perhaps some big US company or UK banks would like to buy LGEN or PHNX or MNG or ABDN

[anhar] 28/11/2024 10:51

Why should it. Direct Line gain is due to bid from Aviva, don't see how this affects LGEN.

[adejuk] 28/11/2024 10:26

direct line flying
will it reflect in lgen and phnx?

[cwa1] 28/11/2024 10:14

Pssst....Kirkie001, wanna job? ;-)

[kirkie001] 28/11/2024 10:11

Keep it on topic, please. None of this is relevant to L&G...

[netcurtains] 28/11/2024 09:59

The EU stockmarkets (especially the German) moves roughly in step with the FTSE (give or take - at least my German Tracker does)....
So if Starmer's new EU deal is any good one would expect both German and UK market to rise.
We cant do a deal with USA because food/agriculture will always be an inssue but its not an issue with the EU, in fact UK farmers gain with a EU deal.
LGEN certainly will as a bellwether of FTSE100

[adejuk] 28/11/2024 09:25

bring back truss? may? boris?
lol

[bargainsniper] 28/11/2024 09:08

Labour will blame trump once they finish blaming the tories

[netcurtains] 28/11/2024 08:48

If Labour unlocks a good EU deal the FTSE and other European stockmarkets will soar...

[geckotheglorious] 28/11/2024 08:46

CFB2

Clearly the October 2024 was a typo!!!

As the Statista link evidences

[goldgeezer] 28/11/2024 08:31

PE ratios are ridiculous in the US. Buffet should buy UK listed stock.

[cfb2] 27/11/2024 21:43

2010 National Debt $13.562 trillion
2023 National Debt $34 trillion
Oct 2024 Nat Debt $335.46trillion

No it isn't!

Current National debt is $36 trillion.

335.46 million is the current population of the USA.

[geckotheglorious] 27/11/2024 20:41

Dow quadrupled in 14 years....

Anyone surprised?


2010 National Debt $13.562 trillion
2023 National Debt $34 trillion
Oct 2024 Nat Debt $35.46trillion
(*Edited for obvious original typo)

[netcurtains] 27/11/2024 20:10

careful: If the stock market is a casino then there is no over or under priced.
Its random.
Dividends though are something tangible.

[careful] 27/11/2024 19:15

dow was 11200 jan 2000
ftse100 was 6950,
UK shares pay bigger dividends.

Not meaningful because wall street is crazily overvalued.
(if 10-20% of investors tried to cash in the market would collapse)

It is all a mirage buying makes it go up selling goes down even quicker.

Like worthless Bitcoin.
One day it will recert to the mean, the wealth is grossly overrated.

Warren Buffett says everyone is playing with fire.OK to make selective buys when total value isa bot 70% of GDP, but we are well over 100%.