M&g Share Discussion Threads

[gurunostradamus] 19/1/2024 11:36

IMHO the correction isn’t over yet, possibly more to come next week.

[helen troy] 18/1/2024 20:44

There was quite a drop in the share price a few days ago when the inflation rate nudged up. Largely recovered. Highlights the danger of dealing on margin.

[rongetsrich] 16/1/2024 08:50

Some of the wisest words you've ever typed.

[rongetsrich] 13/1/2024 13:14

A tasty final dividend of 7-8p, on a stock that typically or always yields less than 4 per cent!
Actually I’d flit to Aviva if ever I was to be so random.
Helen, what do Aviva pay for a final, and what’s the average yield? Asking for all that tune in for your helpful tips…

[helen troy] 12/1/2024 18:45

Pete, maybe I have given a dilettante impression. Excuse me. Let me correct I am all in on MNG at the moment. When the divi is paid in March and the share has recovered from x divi I MAY go substantially, or all in, to Tsco, which has a tasty final divi. Good luck. My theory is shares generally recover the x divi drop.Not a strategy for the faint hearted, btw. :-)

[pete160] 12/1/2024 18:07

Thanks Helen, I appreciate that, more highlighting that the volume today was nearly 3x the recent daily averages.

I thought from your previous comments that you flitted in and out of shares like these, based around dividends?

[helen troy] 12/1/2024 17:26

It's a long game, Pete. Chill, quality will out. :-)

[pete160] 12/1/2024 16:01

Sizable volume for mng today (12mil against a normal average of 5mil) and yet unfortunately little positive movement on the price.

[stevetmade1] 08/1/2024 21:27

https://uk.finance.yahoo.com/news/dividend-giant-best-bargain-ftse-093452486.html

[riverman77] 08/1/2024 12:51

The fund management side of the business is starting to do well after a few drab years - looks like good performance across the board and seeing some good inflows. That probably explains the good share price performance.

[tornado12] 08/1/2024 12:38

I have quite a lot of these and have been impressed with the steady share price in last few months compared to their peers. This makes me wonder what is in the background to support current valuation ? Hoping for positive FY results and divi increase +5% GLA

[rongetsrich] 08/1/2024 08:42

Reset for 235 sale now. Looking hopeful, scruffy. You got a plan or is that vacuous space at capacity?

[makinbuks] 07/1/2024 09:39

No, just a bookie as far as I know

[scruff1] 06/1/2024 22:53

Does Paddy Power serve as a share dealing platform ?

[helen troy] 06/1/2024 21:59

You are posting a sitting on the fence post Ron. Good luck. I hope you don't get haemerroids :-)

[rongetsrich] 06/1/2024 11:18

I think this is the peak of the cycle now, it's risen on no news, but I suspect it's due a retrace.I believe in this company, but feel compelled to trade rather than invest.Should it touch 230 I'm out with a good profit to come back XD. A tactic that has worked twice on this stock, so probs fail this time.

[eigthwonder] 04/1/2024 15:12

I think M&G would rather win BPA business off the corporate backer rather than buy a competitor’s cast offs

[makinbuks] 04/1/2024 14:57

Lloyds would want a full price, what's in it for MNG? Different for a corporate treasurer just looking to get something off his balance sheet that has nothing to do with the business he's running

[helen troy] 04/1/2024 14:23

https://news.bloomberglaw.com/mergers-and-acquisitions/lloyds-said-to-explore-sale-of-scottish-widows-bulk-annuities

[cjac39] 04/1/2024 14:12

Where did you read that 1jat?

[1jat] 04/1/2024 13:45

Lloyds is selling a £6bn block of bulk annuities…..will that be attractive to MNG? It might be an easier way of growing the book than bidding for many £500m blocks over several years.