M&g Share Discussion Threads

[jubberjim] 20/11/2024 12:49

The general market is tired and dare I say it a little bit scared.

Nothing standing out the usual culprits just tracking each other

We have to wait which I for one am quite happy about as up to my neck in Aviva Lgen and Phnx this being the missing link and as I am in the absence of any compelling evidence to the contrary happy to leave the funds available will make my move if and when it reaches 188 level.

FOMO is to the fore in all dealings

Still another 4 months and we have thanksgiving and Xmas to work through

I live in hope

[rongetsrich] 20/11/2024 10:51

Solvency is high, bearing in mind that above 100 is more than a bit for granny.The dividend cover, from the figures you quote is is fat and healthy, getting fatter, or has the business met equilibrium now, and perhaps stagnating. The city did not take to the results, and looking to reality the cost cutting is about stagnant now.

[fenners66] 20/11/2024 10:07

At least wilmherk has the grace to filter themselves , judging by the edit to a dot....

[garycook] 20/11/2024 08:13

NC, No problem

[netcurtains] 20/11/2024 08:08

GARY: I was replying to wllm and rong.....
It was not meant to be new news....
I though that was obvious (so I never mentioned it)...
Apologies if not. Perhaps you have them on filtered
in which case my reply would look odd.
I agree.

[garycook] 20/11/2024 07:53

netcurtains, Old news. 2 months old !

[netcurtains] 20/11/2024 07:50

results: dividend increased. Shareholder solvency reached 210%



I thought if dividend goes up that means results ok to good?
Am I mistaken.

[rongetsrich] 19/11/2024 18:42

Did you read through the results? They were poor.

[tornado12] 19/11/2024 09:44

I also see M&G undervalued. Been adding over last few years and hope the share price remains static, as it’s on my add hotlist for 2025 ISA. Very bullish here GLA

[cwa1] 18/11/2024 07:43

*BARCLAYS RAISES M&G PRICE TARGET TO 240 (230) PENCE - 'EQUAL WEIGHT'

[jubberjim] 15/11/2024 12:02

Having sold my PRU this morning this is now back on the front burner but would still like to buy at my 188 level which is looking unlikely but faint hearts and all that guff.

Still a long way until next dividend and the Trump victory has still got the markets at sixes and sevens.

Have been busy elsewhere so available cash headroom now down to 21 %.

Will see what next week brings



Have a good one

[stun12] 14/11/2024 10:38

There's no direct benefit to M&G though as these will be held on behalf of managed funds. Good for its reputation though.

[williams66] 14/11/2024 10:04

DS Smith is in the process of being taken over by International paper M&G has 17,376.560 shares in DS Smith which is 1.25% ,not to be sniffed at.If the deal goes through it's a nice little earner for the M&G kitty.They are definitely busy at the mergers and acquisition depts.

[williams66] 14/11/2024 09:51

They also hold shares in Britvic,which is being taken over by Carlsberg, subject to being approved.2.1million shares,which equates to.84% as percentage.

[williams66] 14/11/2024 09:46

M&G's holding of 16,457,358 shares in AngloGold Ashanti PLC positions them to benefit significantly from the takeover of Centamin PLC. Here are a few ways they might benefit The takeover offer often includes a premium over the current share price of the target company. If the market views the acquisition favorably, AngloGold Ashanti's share price could increase, boosting the value of M&G's holdingsThe acquisition could create synergies that enhance AngloGold Ashanti's operational efficiency and profitability. This can lead to improved financial performance and higher dividends, benefiting shareholders like M&GMarket Position: Successfully acquiring Centamin could strengthen AngloGold Ashanti's market position, making it a more dominant player in the gold mining industry. This enhanced market position can lead to long-term growth and stability.

[tuftymatt] 14/11/2024 09:32

jubber, I got some more at 193 yesterday which was a bit risky based on the current state of things in the UK market but the high divi helped ease my concerns.

Great figures from AV. today and hopefully that will help with sector confidence etc.

Good luck all 👍🏻

[jubberjim] 14/11/2024 05:50

Had a bit of a quandary yesterday

Had the option to buy this MNG near the low of the year or

to buy or PRU near the low of the year so far

To my mind they are both products of same alma mater but as I had made the call for Pru @600 had to go with that but if MNG had gone to 188 would have been the one.

Flip of a coin but ultimately went with my first call.

As said here and elsewhere Aviva's update today is eagerly awaited, Hope we are not disappointed. And more importantly that I made the right choice.

Good luck everyone today Fingers crossed

[bbd2] 13/11/2024 21:09

All eyes on Aviva tomorrow. Will undoubtedly be sector critical. Let’s hope it’s a positive one or tin hats might not be enough🤞

[rongetsrich] 13/11/2024 19:26

Helen, are you adding?

[skinny] 13/11/2024 18:00

Please keep it civil, or use the filter button.

[rongetsrich] 12/11/2024 21:28

Has an ounce of sense ever come out of this idiot?

[netcurtains] 11/11/2024 13:26

Oh I see.
NAT WEST has been buying shares from the government....
Interesting

[netcurtains] 11/11/2024 13:24

NAT WEST up nearly 3%

Why are we so far behind?

[cyberian] 11/11/2024 12:44

Possible T/O candidate within the next year as some potential bidders could be attracted to revenues here?