M&g Share Discussion Threads

[smurfy2001] 08/5/2024 09:08

Should the company do a buyback?

P/E 16 suggests this is expensive.

Dividend payment 9 May 2024

[marksp2011] 06/5/2024 12:33

This is an income play. Buy after the sept XD and sell before the march XD and pick up 6%Honestly the underlying business is pretty boring and it doesn't have serious growth prospectsFor me the issue is why the share price was so low when yields were 1%. It is yielding c6% real return which is pretty good but you also getting a lot of volatility in there.Take a look at CVCG. A credit fund with a yield just shy of 8% and TFIF paying 8% with a Q4 top up. Returns are the same without the volatility

[laurence llewelyn binliner] 06/5/2024 10:17

#Skinny, exactly why waiting and stake building will now start to deliver returns, it has been tough watching the SnP pull away driven by big tech AI, but that has given us opportunity to buy value stocks at steep discounts.. :o)

[skinny] 06/5/2024 10:12

This sounds very promising :-

.

[rongetsrich] 03/5/2024 22:04

Need this to hold its horses, divi soon which will create wealth for some to buy more as in DRIP.

[rongetsrich] 03/5/2024 12:36

Reckon so, MRF!

[my retirement fund] 03/5/2024 11:25

It must be a buy then!

[mister md] 02/5/2024 17:02

That's my thinking too - the rise from 180p to 240p was impressive, now after the retrace we've had and positive FTSE momentum, I would expect to see a modest move up again.

[helen troy] 02/5/2024 16:36

Imho the share price will slowly drift north as the substantial divi approaches. It has a few months to go, ergo slowly.

[rongetsrich] 02/5/2024 11:52

The share price will slowly drift south for a couple or 3 months before the next divi strikes up some interest. Good time to keep adding, then ride the expected wave to XD in the autumn.Fairly good chance of making 10% here just by being patient.

[mister md] 02/5/2024 09:48

Seems a good time to add to holding at under 200p, so just did.

[skinny] 01/5/2024 13:04

My last 2 purchases of size were @218.17 & 195.65 - av 206.91p both in 2021 - so its basically been a reasonable interest bearing hold in that time.

[lab305] 01/5/2024 12:54

Very poor performance certainly not reflecting the ftse100 all time high proximity. I believe one problem is the lumpy nature of the dividend. They should change to equal quarterly payments .

[laurence llewelyn binliner] 01/5/2024 09:29

Great value under or around a 200 pence average IMO.. :o)

[tyroneshares] 01/5/2024 08:54

Added another thousand shares this morning for 198.7p. Same price bought this time last year.

[spawny100] 01/5/2024 08:37

Not sure who it was who disagreed with me years back that MNG is being pegged to £2 but here we are yet again. For the last 3 years a simple trading strategy to buy under £2 and sell over £2 with a trailing stop loss would have been well rewarded.

[cfro] 30/4/2024 14:01

This has to be compelling value indeed topvest. Where else do investors find a blue-chip name with a safe 10% dividend yield?

Throughout history opportunities like this (blue-chips offering high and sustainable dividend yields) only crop-up once or twice in a lifetime.

[topvest] 30/4/2024 10:44

I have doubled-up this morning. Compelling value at £2 in my view.

[rongetsrich] 29/4/2024 12:18

Toppers, what's your plan? Hold it for next divi, or take the rise and sell around the divi?

[topbun] 29/4/2024 10:32

On the rise! This has got momentum now.
Baldrick1, get in or miss out. 240 by June.

[topbun] 26/4/2024 06:46

We’re looking at a major rebound today, 240 and beyond

[2wild] 25/4/2024 17:13

That's 3 x closing record highs on the bounce. Despite USA down again. Added at 199p. Yielding nearly 10%. Probably will be with another annual dividend Increased this year, like every year since listing.

[baldrick1] 25/4/2024 16:47

Total collapse from the support level.. could revisit 190p-194p.

[ianood] 25/4/2024 08:53

cjac39 - good to hear from you and that all is ok. Ifound your comments on AV Health of interest and inspiring. AV is still my favorite in the sector particularly with AB's somewhat improved management team which seems to be firing on all cylinders!