*BARCLAYS RAISES M&G PRICE TARGET TO 240 (230) PENCE - 'EQUAL WEIGHT' |
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 |
There's no direct benefit to M&G though as these will be held on behalf of managed funds. Good for its reputation though. |
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. |
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. |
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. |
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 👍🏻 |
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 |
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🤞 |
Helen, are you adding? |
Please keep it civil, or use the filter button. |
Has an ounce of sense ever come out of this idiot? |
Oh I see.
NAT WEST has been buying shares from the government....
Interesting |
NAT WEST up nearly 3%
Why are we so far behind? |
Possible T/O candidate within the next year as some potential bidders could be attracted to revenues here? |
Good luck to anyone trying to guess tops and bottoms. Afaik there is absolutely no predictive value in any analysis.
Its just analysis.
India market has been good to me, but thats luck. Just thought it appeared to be going nowhere for a long time, so bought a fund on the basis that it wasn’t on a bull run or spiking. Much like ours really, although I can’t see where any of our large businesses can grow, but India had potential. |
#Marksp2011, consider the SnP longer term, 12 months is not a fair view IMO..
5 years at +100% (14.8% compound growth)
10 years at +300% (12.25% compound growth)
We can pull that out of the FTSE100 with a hand picked PF yield average of 5/6% and dividend income left invested to compound.. :o)
Dividend reliability is key, things which can trip you over are any dividend cuts (I got 2 this YTD) and takeover bids accepted resulting in having to buy something else instead, I got 2 of those as well so far, but the overall impact YTD here was not really that significant on a PF diversified 25 ways.. |
I have the mighty holding of 2k MNG down from about 15k two years ago
WTEF WISDOMTREE US EFFICIENT CORE UCITS ETF has done +30% in the last 12 months.
EWSP - SAP500 equal weight c 25% so not all about Nvidia
FTWG - all world Tacker c 25%
JGGI - JPM Global Growth and Income +26%
Aviva has done really well beating the index 20.7 v 13.4
PHNX 17.5% v 13.4
LGEN +7.6 v 13.4
MNG +4.8 v 13.4
Why are we bothering with UK single stocks? |
IUIT - An ETF specialising in US Technology stocks. I've been accumulating most of this year. I've also started a new thread under IUIT for those interested. spud |
Interesting post 5268. Anyone buying MNG around 6 months later at covid-19 low would have tripled money including dividends.
Good luck Spud. Hope you're not making Rookie mistake of buying high selling glow. Although USA equities have traded on larger multiples than UK for several years, SP500/FTSE100 differentials has never Being so extreme. NASDAQ100 yet more expensive. Even sectors like mining,engineering, oil and gas, banking, advertising, Pharmaceuticals property, construction, retail look overvalued compared to UK market.
End of Octoberlast year, I took advantage of interactive's quarterly 3 days of commission free US trading. Buying AMZN BX BXMT NLFX PLTR. They have done extremely well. Although not selling. Not sure I would wish to buy at current elevated levels. |
This Bravos Research YouTube 'short' shows how the inflation-adjusted SP500 is right at the extremes of its upper range with a trend channel established over 110 years.
Of course, Trump's election plus the time of year will keep it rising in the short term and no-one can time a potential market crash it but I'm keeping some of my money in cash, money market funds like QUID/CSH2 and some exposure to precious metals as diversification. |
Many thanks for trying, Skinny. |
I did look, but cannot seem to find data going back - strange as its hardly ancient history! |
Any chance of another chart comparing yields for same period - '85-2024? Easier to see the comparison then. Thanks, Skinny. |
 I don't think the FTSE will shrug it off hence the 30 % cash I have been holding for some time (now down to 27%) and invested in Safety First BP. and GSK over the past week.
Have pulled all bids of for time being.
Am currently invested in Abdn Aviva Lgen Phnx purely for the dividends.
Have got small positions in CBG and CPI and tiny punt on Wood group
Long held position in LLoy but purely on the back of the disparity between them and the other major players Barclays and Natwest.
Will not buy HSBA due to misgivings over the pressure as regards Taiwan and the collusion between their leadership and Putin to prolong the war in Ukraine.
It has cost me but I prefer to have a clear consience and a depleted bank balance. And as long as the dividends are maintained am content
I will invest when there is some sign of a peaceful settlement both here in Europe and in the Middle East.
I feel desperately sorry for the innocent victims of the conflicts and want a speedy end.
If Trump can achieve that I might just change my opinion. |
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