M&g Share Discussion Threads

[rongetsrich] 28/3/2024 07:21

It's only the muppets here that have to boast numerical, and most of those individuals are complete strangers who may just be Walts.

[rongetsrich] 28/3/2024 07:17

You should define big time Charlie, scruffy. Without a quantify your post is nonsense.

[scruff1] 28/3/2024 06:26

Woodhawk - my view as well (as I stated in 487). As an investor I am looking long term (though also reacting to circumstances as and when I deem appropriate). Like you I stack my divis and reinvest - as and when. I dont like the platform doing it as I have no control.
Be interesting to see where the investors are compared to the big time Charlies come say next Friday - or this

[rongetsrich] 27/3/2024 21:19

It dropped 10p on a 6p divi last September. The truth is nobody knows, but futures are looking positive

[topbun] 27/3/2024 21:16

15p drop, of which 13p is guaranteed from XD, what do you think the drop will be?

[luderitz] 27/3/2024 21:12

220?…you cannot be serious 🤣

[topbun] 27/3/2024 21:08

Wow, handbags at dawn! Ron wins by KO, Woodhead needs to learn to interact rather than scoff and sneer at other investors.
Not holding but if I can get 220 or below I intend to invest, not trade.

[luderitz] 27/3/2024 20:35

Ludo accepts all apologies upon reflection 😀

[nerja] 27/3/2024 20:30

Rongetsish got to disagree with you about the atomic bomb on Ukraine because we are all cooked then!

[rongetsrich] 27/3/2024 20:14

Sorry Luderitz, he has form for conceit and self-importance; a real intellectual poster.

Nothing more to see here, now, get that divi spent!!

[rongetsrich] 27/3/2024 20:12

lOL
Well, seeing as I was apparently filtered by this chap a year ago he seemed to un-filter me to try and gloat on LGEN and here, lacking in inter-personal skills I feel no loss at his melodramatic tantrum and ceremonial filtering!
He doesn't really get on with many of the quality posters around the bazaars, including Spud, I think, who is an absolute gentleman.
Anyway onwards to tomorrow, GLA - as long as everyone is making money and comfortable with their method we are all winners.

[luderitz] 27/3/2024 20:09

Arguing alert for this message board 😃

[woodhawk] 27/3/2024 20:06

"Have you had a stroke?"

And what if I had, you pathetic moron. Filtered.

[rongetsrich] 27/3/2024 20:04

Have you had a stroke?

[woodhawk] 27/3/2024 19:43

I don't need to gamble, Rongetsnada. I'll get my dividend come-what-may and if the share price drops unrealistically I can just buy more shares. I can buy them because I have a constant stream of dividends to reinvest (approx 40 payments this year). In the meantime you win some/lose some and pay even more stamp duty and dealing charges - while I get it right this time and every other time and don't have to gamble. You call it wrong, you get zilch and your money tied up - or you take a loss & gamble elsewhere.

Furthermore, the tax I might pay on dividends is 8.75% whilst on capital gains would be 20% or more. In any event, I have nothing in common with you, I'm investing and you're gambling.

[rongetsrich] 27/3/2024 19:23

I've just charted it, a 10p drop overall, not intraday, it dropped more if I remember correctly?Just working out my cheeky limit buy, I won't be around for market open.

[laurence llewelyn binliner] 27/3/2024 19:15

#Rongestrich, I too am waiting to see if the share gaps down and keeps going as it did last year, quite an opportunity to add if it repeats again, similar story on the H1 also... :o)

[hedgefundkick] 27/3/2024 19:12

LGEN Moderated, I didn't believe wrong, so I checked.

Post 5095....

My thoughts exactly Pierre. I receive dividends currently in 11 out of 12 months - average div income is now above £3K per month. 90% (and increasing) tax free as ISA'd. My two largest investments, good solid divi payers LGEN and PHNX. Unfortunately, doesn't seem like I'll be able to buy too many more of these on the cheap in the near future!! Luckily I've been filling my boots in recent months.

I think he has me filtered, but make of this idiot what you like!

[rongetsrich] 27/3/2024 18:53

Woodhawk, I see you boast of £3k a month from dividends, had you a clue it could have been £4k or more, old and dying dogs can still learn new tricks!

[woodhawk] 27/3/2024 18:46

Good luck with your gambling.

[rongetsrich] 27/3/2024 18:17

Nerja beautifully sums up the obvious, like day will follow night etc. He makes a valid point, that a takeover bid could happen at 0700, just like an atomic bomb may detonate over Ukraine, both are possible!
I’ve explained my methodology, so won’t repeat, but it is not a trading method that goes over the dividend. This particular share drops nicely after XD, check out what happened on the last divi. Not a guarantee of anything for tomorrow, but I’m back in tomorrow am, a cheeky limit buy being placed tonight, then once I’m at work I’ll look for a manual trade.
GLA, it’s only gambling if you are clueless!

[woodhawk] 27/3/2024 17:24

I suspect what will NOT last forever - is extremely high yields (8%+) from such reliable companies as LGEN, M&G, PHNX and a host of others. I'm tempted by 5% cash, but when I can achieve getting on for double that from comparatively reliable divis, then - for me - it's a no brainer. On £100K, say £5K from the bank or £8K or £9K from divis (and poss capital growth on top) - I know what I prefer - and that's why I'm locking them in while the fire sale lasts.

[nerja] 27/3/2024 17:17

Pierre Oreilly, don’t worry about it, if the markets down tomorrow then it will drop more than xdiv if the markets up tomorrow then it probably won’t drop the div, however if you have sold and there is bid tomorrow ( unlikely but not impossible) then you will have lost a lot more than any possible trading profit you may gain by selling, it can work both ways, but for me nothing to loose sleep about.

[tornado12] 27/3/2024 17:13

Must admit I dont play the ex-divi drop game and more focused on long term 8%+ divi income we reasonably stable share price MNG fit the bill, there is no doubt and like other financial and wealth stocks will benefit during the interest rate drop this year. But where is the next bump in the road .. China, US debt bubble ?..... Nothing lasts forever, so keeping half my portfolo in cash for medium term at 5% yield.. GLA

[pierre oreilly] 27/3/2024 16:58

Action, my thinking too. As long as the divi is safe (and it looks to me that it is), then lowered interest rates later this year should drive this higher. They are also growing the divi from its current high level - fine by me.

13pish drop tomorrow at opening, but everyone holding now gets the 13pish divi, which they won't tomorrow.

I hate to bang on, but several now have said trading over a divi is money for old rope and is simple even. If someone could explain in simple terms when you buy and when you sell to get this easy money and why it works I'd appreciate it - I just don't get it at all. Thanks in advance.