M&g Share Discussion Threads

[tewkesbury] 17/4/2024 12:43

The divi is looking very attractive.

[baldrick1] 17/4/2024 07:35

Would it hit 180p this week or next week??

[dutchguilder] 16/4/2024 17:09

Post 4753 by u, adejuk, you posted close market close Friday I think!!! short trackers show zerov oddadded at 208ishwill add more if this continuesCan you explain the error, either you sold at 200, or you bought at 208.Your story is inconsistent. Please unmuddle your facts and give them to us.

[rongetsrich] 16/4/2024 16:47

You are funny. Perhaps pull up them big girl pants and behave? Or you can continue to be the thread silly-fool?!

[rongetsrich] 16/4/2024 12:17

Part of your theory is correct, unless people stop investing, MNG will continue to make us money.As for your buy I price, like I mentioned earlier you lack a plan and are shooting blindly. You did well, but as time will show, you were premature again.

[123trev] 16/4/2024 11:48

The chart implies certain points where this could be lower the present environment implies that any of these points are possible and like Ron said this is ex divi.

[dope007] 16/4/2024 11:45

All time high that is significantly below all other main markets on a long term horizon

[fenners66] 16/4/2024 11:39

They said the FTSE was flirting with an all time high the other day
but we are supposed to be undervalued
so surely the only way is down for now ?

[123trev] 16/4/2024 11:30

Or it could be that this is one of THOSE weeks where everyday is a down day we are due one.

[woodhawk] 16/4/2024 11:25

You're getting even more for your money too. Usually best to be greedy when others are fearful.

[lab305] 16/4/2024 11:17

Bought another 6k today . That's the lot so won't buy any more. Many of those waiting for an ever lower entry point never buy. Whatever happens to the share price I will still get the income.

[woodhawk] 16/4/2024 11:09

I see M&G is back in absolutely ludicrous territory - just like many others.

[nerja] 16/4/2024 10:59

Fair comment, being ex forces I try not worry about the sh#t hitting the fan though.

[rongetsrich] 16/4/2024 10:54

I don't think you can use charting when the source of the problem is a potential nasty war.

[nerja] 16/4/2024 10:29

Looking at topping at 189p, but the rsi is at 20 well in the oversold level, the macd looks like it’s ready to cross, there is a large gap to fill at the 235p to 222p ish level, needs watching closely I think.

[laurence llewelyn binliner] 16/4/2024 10:07

200 pence expected, and here it is, back on the T/A trend line doing what the chart said it would do and given current inflation/rates/tensions, it could get cheaper yet too..

Watching and waiting has once again yielded results for the patient income seekers.. :o)

[baldrick1] 16/4/2024 10:03

They included 190p in the shorts list

[rongetsrich] 16/4/2024 10:00

Fenners, I'm holding fire for the 180s. It may be that it comes as early as next week, but beware the uptick, nothing goes down or up in a straight line!

[fenners66] 16/4/2024 09:44

Looking at the chart (through my non chartist eyes) looks like you are correct there Ron.

So I guess the question is how low can it go ?

[rongetsrich] 16/4/2024 09:30

More to drop, not just today, this is a dead share, with no news added to market sentiment.

[rongetsrich] 16/4/2024 06:20

Lab, why not join the chancers and wait? If you continue to dart around aimlessly with a must buy now your luck ? s never going to change!One of many many chancers.

[lab305] 15/4/2024 22:29

Or 25% below from just a short while ago. That's too much for ex div.

[cassini] 15/4/2024 21:25

lab305,

I have noticed that the last few years, if one waits 5 minutes some new market shock arrives, so my attitude is drip investing when an opportunity arrives.

It's not as if the FTSE is in a bull market so I'm not too worried about being left behind.

I think the yield here is about 9.6% at the moment so if the worst happens we're being paid to wait... (that didn't work with DEC mind you ;0)

As for 180p as a target, it's just ~10% below my buy price today, a bit arbitrary and it may not transpire.

[leedsu36] 15/4/2024 20:58

Put a few grand in @ 201p today, target of 225p, and prepared to wait.