>spawny that was v funny. this post is not a comment on juber. |
i invest in the usual 'suspects' high div returns. i don't ignore share price moves but don't act on them short term if the divi, or a black swan, drops i will consider my large position and act accordingly when the fact change i change my mind. what do you do? |
Spawny
Concentration required here so no asinine comments please.
If you drill deep enough you will 'touch' a nerve
Troubled waters and all that.
Be lucky |
Always fascinating to hear what you're not planning to do Jim. |
Certainly under consideration due in no small part to the rise in Lgen and to a lesser extent Phnx but to my mind doubts are present hence the share price struggling to make any headway.
Will watch but there is no rush .
Results not due until March 25 so happy to hold off for time being.
This should be higher and the fact that it is not justifies my caution
All the best |
Not a chance. |
the divi is rock solid. they post earnings of 800-900 each year vs 480 divi. |
Is M&G a takeover target? |
Jim, the deal will pan out nicely, but it has a journey to go yet. The Aviva price will drift now, as the upgrades are old news. What are you thinking about MNG? I think it’s good value, but with a growing feeling that the yield is or has become unsustainable, with a drop expected in the final. GL, whatever you do. |
Yes totally agree as regards spreads
First thing friday spread was 200 270 on dlg
Which equates to 15% below and 15% above the last closing price of 235 ahead of news of revised bid from Aviva
Thought this should have tracked higher on back of lgen but still long way until indicative results so staying out as FOMO still in the mix
Good luck |
Jim, whilst the other posters are technically correct about 244, look at the chart and see its initial trajectory. A limit or buy will only occur within set parameters, often set by you. If your broker hasn’t asked you to set them, then if the price flies/drops rapidly through your ask, it won’t be completed. Another thing to watch is the spread at opening, you may have missed out because the first 15 minutes spreads can be nuts. I’m of course NOT discussing the market spread, but what your broker spreads. |
Just as an aside
Way back held shares in Esure and had left a sell @247 the night before the Bain bid landed in the morning .
The broker took me out @'267' which I thought at the time very decent hence willing to forgive the odd lapse.
Difficult enough as it is |
Ok thanks again as I said had left an offer 2000 shares @244 but didn't get paid.
Its not the first time and it won't be the last just frustrating.
Swings and roundabouts
It could well work out for the best just happy we broke the 233 level but boy is this market muddled.
Have a good one |
JJ - for info, LGEN opened yesterday at 246.50p - the 3 month high.
See . |
JJ,
Yes LGEN did get above 244p yesterday if you look at the trades data on ADVFN at the very beginning of the day. |
Ok thanks very much
Still hopeful of achieving my buy levels but might have to wait a while longer This MNG and Abdn seem to be lagging both Lgen and Phnx which have been showing a bit more impetus of late. After wallowing in the doldrums nice to see a bit of optimism hopefully will get bit more liquidity in run up to Xmas.
Caution still prevailing though for me will await correction
Take care |
Don't think it did, JJ. The site has a max price of 202.3 for today. I gather your shares are still in your account?!! |
Just download the trades and sort them in excel - simple. |
Again I take an opposite view
Can I ask did lgen get bid up to 244 this am as had left a small sell there but nothing doing.yet I am seeing 246 as being paid
Thanks |
I suspect some cash has gone from here into lgen,I know some of mine did. |
Explains the drop then this morning but clearly shows the upside here too.
Good luck all 👍🏻 |
*DEUTSCHE BANK RESEARCH CUTS M&G TO 'HOLD' (BUY) - PRICE TARGET 230 (240) PENCE |
This Labour government is establishing a clear narrative built around three cornerstones of doom:1. Tax the people as much as possible by any means possible, including more stealthy methods such as fiscal drag.2. Push business as far as possible, even to the brink, with ill thought through taxes that will absolutely stifle growth.3. Craft a narrative for re-entry into the EU probably ultimately based on a "we have to do it to globally survive" argument (as a result of number 2).It's Labour, it's tax and spend. At the end of it will be another much larger post it note for the next incumbent. |
I think Bailey is inept, but look at the team in Parliament, they've quickly talked the country into recession. Setting the bar low to fail, they've accomplished said low bar and continue to set it lower. |