M&g Share Discussion Threads

[paulboz] 10/4/2024 11:18

I don't look at the price target, I look at the dividend prospects, which I like very much at the current price. Topped up my SIPP and Isa over the past 2 days. One of the best buys in the FTSE 100 IMO.

[skinny] 10/4/2024 09:57

adejuk :-)

[adejuk] 10/4/2024 09:52

>skinny. my comment was not aimed at you. apols if you feel offended.

[baldrick1] 10/4/2024 09:46

It's March cpi reports in the US today..Would the markets be down or up?? Still 180p-200p in the shorts list.

[scruff1] 10/4/2024 09:32

I suspect a lot of these analysts - so called- are targeting retrospectively. Easier

[dope007] 10/4/2024 09:13

Crazy from them but hey they are still smarting from being completely wrong on Phoenix

[skinny] 10/4/2024 09:08

FWIW :- JPMorgan cuts M&G price target to 225 (235) pence - 'neutral'

[baldrick1] 09/4/2024 08:08

The shorts list is still 180p.

[marksp2011] 08/4/2024 17:52

Now, that is a chart and a half.

30p drop for a 14p divi. LGEN will do the same - not sure about Aviva, that seems to have a bit more of a growth story about it and a supporting buy back

Looks like a lot of weight wanted the divi but not the shares

[skinny] 08/4/2024 16:51

Sitting on the 200ma again.

[jubberjim] 08/4/2024 16:49

Ok Churchill much appreciated

Anyway by the bye took a few here as Pru seems to have reached a nadir at 710 level
So my 707 bid now looks to be going unfilled hence back in here

Markets Investors and my good self totally clueless so the dividend covers a multitude of sins

Thanks again

Have removed my interest in Pru as serves no purpose now

Good luck

[juliemara] 08/4/2024 16:47

This doesn't seem to be in much (new ISA) demand.

[churchill2] 08/4/2024 16:25

It was a clean break. The PRU share were 1506p which became 220p M&G and 1286p PRU. If you had 1000 shares in the PRU you inherited 1000 M&G. The PRU also separated out their US interests in Jackson Financial which has had a remarkable run.

[baldrick1] 08/4/2024 16:04

I'll only buy @ 180-200p... would it come down??

[jubberjim] 08/4/2024 10:00

Here is a quick question

As is the case with Abdn and Phnx

Do the Prudential and Mng maintain a cross holding in each other as a result of the separation of Pru and Mng

I ask as Mng has been losing ground over the last few days as has the Pru

Can anyone offer any insight

Thanks

[skinny] 08/4/2024 08:13

adejuk - I'm not sure where I said that I can predict the market?

[rongetsrich] 05/4/2024 19:10

Fully agree, you get moments when you have a good chance of getting it right, but then we are all gambling.
The thing is if we get that gamble wrong there is always the divi to live off.
High dividends seem to be offset by low/ slow growth. Each to their own!
Personally I will double my holding here before the next divi.

[rongetsrich] 05/4/2024 19:07

Well, I'm hoping so as whilst I believe in the plan I want more shares... why pay top dollar!

[baldrick1] 05/4/2024 16:28

Will it continue to short down next week ??

[nerja] 05/4/2024 15:13

Skinny fair play, if you are on the pivot then big upside. I will top here but might wait until next week, though the 200 day seems to be holding for now and the gaps down will need to be filled in hopefully.

[helen troy] 05/4/2024 14:58

A heavy investment of a quid could swing it for mng Skinny. :- )

[skinny] 05/4/2024 14:11

I hold all of those mentioned but am down on ABDN. I may take a small gamble in the hope that as they are so unloved and with an inevitable shake up, they are at or close to a point of inflection.

I also found a quid down the back of the sofa and have some limited flexibility in this tax years ISA - so its MNG or ABDN.

[nerja] 05/4/2024 14:00

Skinny ,what’s your rational for Abdn , not looked at it for ages, just took a look the chart looks awful ? Just toying with topping up myself , still wavering because of the Iran threat though.