M&g Share Discussion Threads

[cwa1] 22/5/2024 09:21

* M&G Plc MNG.L: Barclays raises target price to 215p from 205p

[dope007] 21/5/2024 09:28

Added a few more for the long term

[makinbuks] 21/5/2024 09:05

Sounds like they cant find a buyer so are having to sort it first. Most people I have encountered are dismissive of platforms, apps or just software that others have developed. Its nothing special we couldn't do ourselves is often the belief. I guess its really the data held within it and the assets under management that have value

[1jat] 20/5/2024 17:13

The streamlining of the wealth division continues…..I have received an email saying that the &me service is no longer to be separate from other MoneyFarm services. Effectively the &me app and brand will be closed. I assume it was not attracting much in the way of new business. A small annual cost saving will result no doubt.
The customers with assets are moved to the MoneyFarm app in mid July.

CJAC will be pleased with this further trimming of what was a confusing division of M&G. We have yet to hear whether the platform has been sold or will continue to drag on performance.

[helen troy] 14/5/2024 20:44

No plan at the moment Ron. Just going to enjoy my isa tax free divi. Sure, it is said it is dead money, but my view is this dead money will return the same boring divi in a year.

[helen troy] 14/5/2024 20:37

Oh you are naughty ?

[rongetsrich] 14/5/2024 19:03

Helen, what's your plan for the summer? It seems to me, having watched last year, it's a boring time to add more.I will be, it's dull and dead for at least 10 more weeks.

[gurunostradamus] 14/5/2024 16:45

A girl can have everything especially if they are called Helen Troy!

[helen troy] 14/5/2024 15:55

I got my divi in my bank account today. Not impressed with iweb cash transfers, but their share dealing fees are great. So I suppose a girl can't have everything.

[mister md] 14/5/2024 14:21

Yes MNG and LGEN great yielding investments, but I expect most of us already have them in our portfolio !

[tornado12] 09/5/2024 15:17

I also received divi through HLFX but as usual you cannot trade same day. Will be lucky to have it in play for tomorrow 🤣

[paulboz] 09/5/2024 11:08

My divi with AJ Bell arrived about 10.30

[martyre] 09/5/2024 11:06

I use H&L for my SIPP, which is fully invested in shares. The maximum charge for administering my SIPP is £200pa which I consider reasonable.I have reinvested the M&G dividend in my SIPP.One of the M& G directors is purchasing £20,000 worth of shares a month. That's a good enough signal for me.

[helen troy] 09/5/2024 10:33

I am told by iweb it will go automatically to my bank in 2-3 days.

[yump] 09/5/2024 10:21

I know the drop looks bad but add back the dividend to the share price and then look at the trend.

[orchestralis] 09/5/2024 10:09

Divi received in HFX

[dope007] 09/5/2024 09:38

I've invested divis into prefs (last year) and some REITS this year for income and diversification

[pete160] 09/5/2024 09:36

Divi in my HL a/c first thing as always (apart from overseas divi's which usually appear around lunchtime).
I don't use HL for funds (way too expensive for that) but otherwise, they are very good value for money and, in my experience offer good service, a reliable website and very useful app.
One big thing I miss is trailing stop losses, but I don't think many retail brokers offer that.

Not sure where to reinvest this divi. though. I sold out entirely of LGEN before the XD and added it to Phnx. I ought to re-enter Lgen for balance, but just have reservations about the new man's upcoming strategy announcement. nervous to add further here, because currently way, way, overweight (hence, a sizeable divi. just received).

Interested to hear other thoughts on whether people are just reinvesting it here or adding elsewhere, and why, or just keeping it in cash?

[cfro] 09/5/2024 09:29

I guess a lot will be re-investing and who blames them when you can line-up an even bigger dividend for next year..

[cwa1] 09/5/2024 09:26

ii usually first. iWeb and Barclays usually bring up the rear. Everyone else somewhere in between. IME obviously :-)

[smurfy2001] 09/5/2024 09:12

Dividend received will re-invest given the near 10% yield.

[helen troy] 09/5/2024 09:09

Is that in your stockbroker account? I'm with iweb. Can't see mine.

[mister md] 09/5/2024 08:51

Big dividend received - nice.

[mjneish] 08/5/2024 12:43

Looks like the price movement may have triggered some buys on "break-out", but WDIK?