M&g Share Discussion Threads

[woodhawk] 02/2/2023 10:58

With good, solid companies curently with yields of ~8% it's hardly surprising we're in 'rip not dip' mode. Not really ripping though is it? A FTSE at 9000 would be more like it. UK shares still hugely undervalued.

[tuftymatt] 02/2/2023 09:38

I would agree Jim that the markets make no sense right now as we continue to rip not dip as was expected by many at the start of 23.

I hold all those you mention but did take a very nice profit earlier today from PHNX via my GIA. I will add on a dip via my ISA though as I think there is more in the tank there and here too.

Good luck all 👍🏻

[jubberjim] 02/2/2023 09:24

Am holding this as one of an unholy triumverate having bought in at 202 When I sold my phnx

The other part of the unholy alliance in the equation being lgen

My strategy is to always hold one of the three and swap back and forth as and when

Any way contrary to the prevailing consensus I see more upside in mng than the others with the uncertainty caused by bonds debacle of a few weeks previous

Is very simple strategy and if and when my feeling change will remit

There is method in my madness staying out of insurance until situation becomes more lucid

This market makes no sense to me

Good luck all

[jubberjim] 17/1/2023 22:55

Downticking

You have to pay a subscription fee to be able to down tick any post.

You pays your money you make your choice

So don t take too much notice

Good luck

[skinny] 17/1/2023 08:09

More like their mental wellbeing!

[cwa1] 17/1/2023 08:07

Ian, probably more likely to be somebody who downticks each and every post, regardless of content. Makes you wonder about the mentality of some folk...

[ianguerin] 17/1/2023 07:20

It was, but the down-voter didn't like it - perhaps somebody who doesn't know what Devro do?

[scruff1] 15/1/2023 10:12

Ian
Is that a pun !!!??

[ianguerin] 14/1/2023 21:31

MNG reduced their skin in the game, rather than wait for the Devro takeover to complete

[woodhawk] 13/1/2023 17:37

Just looks like someone has reduced a holding by circa 10%. Perfectly normal.

[cwa1] 13/1/2023 16:58

Can't see any tricky holdings announcement anywhere. What are you referring to?

[adejuk] 13/1/2023 16:41

can anyone explain that holding rns?
all greek to me.

[willywonka12] 13/1/2023 14:51

Yes
Direct line insurance

Money comming out of there and into MMG

[woodhawk] 13/1/2023 13:57

Drl? Do you mean DLG?

[willywonka12] 13/1/2023 12:47

Drl down mmg up

[adejuk] 12/1/2023 15:25

que passa?

[spud] 12/1/2023 15:14

Taken from Aviva thread:

cjac3912 Jan '23 - 14:37 - 15174 of 15179
0 1 0
yawn.

OT but apparently new MNG ceo talked at JPM conference yday which was well received and partly behind share price pop. i have it from others he comes across extremely well so will be interesting to hear what he says at results….still my biggest position EF by some distance.

spud

[scruff1] 12/1/2023 13:41

You can do many things with candles

[skinny] 12/1/2023 11:57

Interesting (or not) yesterday's chart had a bearish engulfing candle and today - currently +5.5%.

[pierre oreilly] 12/1/2023 11:49

Chips!

As in 'cheap as'

[arnie] 12/1/2023 11:41

Significant rise today - what's cooking

[2wild] 12/1/2023 00:03

I suspect they will slightly increase final dividend to 12.3p, at a cost of 290 million pound. After all they will lose interest on 500 million quid. Although given how fast they completed the buyback, they must be a wash with cash.