M&g Share Discussion Threads

[scruff1] 15/3/2023 08:36

Dope is making his bid !! Funny that its down at the mo though pre record - its a lot to turn down

[scruff1] 15/3/2023 08:34

If someone wanted to hoover up shares that would be a good time to start

[dope007] 15/3/2023 08:32

If it does, I will add

[gbh2] 15/3/2023 08:24

Not much going to be left of this share price after tomorrow, if it drops the full 13.4p.

[cfro] 14/3/2023 08:58

Couldn't agree more Lord Gnome, but the take-over rumours will be back sooner or later we can be sure of that. Whether anything ever comes of it is, of course, something else..

[wad collector] 13/3/2023 22:43

Buzz off ramper.

[lord gnome] 13/3/2023 18:06

The takeover story is so last week. This week it's financial Armageddon. The financial world moves on at pace and doesn't look back.

[cfro] 13/3/2023 17:35

All gone quiet on the take-over rumour front....for now at at least.

[jubberjim] 13/3/2023 10:34

wasting my time de dum de dum de dum.

[gbh2] 13/3/2023 09:12

I've just picked up a few more, going to be an interesting week :(

[wad collector] 13/3/2023 09:08

Picked up some more at 209. Whatever happens I think this will be worth more in a year.

[jubberjim] 11/3/2023 11:16

Completed the unholy alliance lgen mng and phnx

In light of events over the pond and depending on market reaction in far east we could be in for a fraught few days whether I hold my nerve and my cash is a matter that will be resolved over next few weeks

Not to long until x dividend for this Abdn Aviva and Phnx so hoping for the best but should put stepping stone in place for time being

Will know more on Monday

Good luck everyone

[scruff1] 10/3/2023 12:09

Silicon Valley Bank and US jobless figures talk today !! be back to bids Monday - or maybe after 1.30 today

[starpukka] 10/3/2023 10:40

What happened to the bid talk ?

[tuftymatt] 10/3/2023 10:19

Took some more at 210.
The whole US bank SIVB issue has thrown a huge spanner in the works and I think near on everything is getting dragged down because of what's going on with banks in general today.

Hopeful of a bounce once the dust settles and good luck all 👍🏻

[gbh2] 10/3/2023 10:17

Picked up a few more ca 210P too good to resist.

[skinny] 10/3/2023 10:03

As an aside, the yield @209 and 19.6p is nearer 9.37%.

[willywonka12] 10/3/2023 09:21

I thought it meant 7% increase in divi
From 18.p to 19.5 a year or thear abouts and this is what they planed for every year in the report

per share of 19.6 pence per share, up 7% year-on-year (2021:
18.3 pence per share)

[scruff1] 10/3/2023 07:45

Not out yet skinny 🤞

[unastubbs] 10/3/2023 05:03

Tempus in full

[masurenguy] 10/3/2023 01:08

M&G jobs to go in cost-cutting scheme

Hundreds of jobs are set to go at M&G after its new chief executive set out a £200m cost-cutting plan for the group. Andrea Rossi, 56, who arrived from Axa in October, said he wanted to cut 14% from group costs by 2025 by reducing management layers, “rightsizing” teams and streamlining processes. The plan is part of a wider rethink that includes targets for reducing leverage and boosting the asset management and wealth divisions. The plan was accompanied by results for 2022 that were better than expected. There was an adjusted operating profit for 2022 of £529m, down from £721m in the previous year, but Rossi highlighted a 30% increase in underlying operating capital generation as the key figure.

Complete article: