ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MNG M&g Plc

208.70
-2.00 (-0.95%)
12 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
M&g Plc LSE:MNG London Ordinary Share GB00BKFB1C65 ORD �0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.95% 208.70 208.60 208.70 211.80 207.90 211.40 3,511,808 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 10.63B 297M 0.1265 16.49 4.95B
M&g Plc is listed in the Life Insurance sector of the London Stock Exchange with ticker MNG. The last closing price for M&g was 210.70p. Over the last year, M&g shares have traded in a share price range of 182.85p to 241.10p.

M&g currently has 2,348,000,000 shares in issue. The market capitalisation of M&g is £4.95 billion. M&g has a price to earnings ratio (PE ratio) of 16.49.

M&g Share Discussion Threads

Showing 4976 to 4999 of 5025 messages
Chat Pages: 201  200  199  198  197  196  195  194  193  192  191  190  Older
DateSubjectAuthorDiscuss
24/6/2024
13:57
I appreciate that everyone's case is different, my limitation is my age, long term these days is 6 months :)

I use a Watch list of 50 companies and shift cash working with Limit trades, end of the day they either trigger or I'll adjust and do the same tomorrow.

Good Luck.

gbh2
24/6/2024
11:35
Appreciate the explanation.My situation is a bit different. I have about £150,000 in my SIPP fully invested in shares, so hold for the dividends that I take as flexi drawdown.So, my trades tend to be in companies currently paying dividends far exceeding interest paid on cash.Aviva,M&G, HSBC and BP have been good to me.
martyre
24/6/2024
11:24
martyre, too early to commit cash to it, I have no interest in the climb to the small dividend, I started buying back 11th June, 1K lots occasionally, up to next years ex divi date.
gbh2
24/6/2024
11:23
Well done - calling the bottom is nigh on impossible - you could have bought @194.65 in mid April.
skinny
24/6/2024
11:19
Not really.Having sold out myself after the ex dividend date I bought back at under £2 as the 10% dividend yield was nothing short of ridiculous.
martyre
24/6/2024
10:54
Any reason why you didn't start buying when it was below £2 just a few weeks ago?
martyre
24/6/2024
09:17
Works almost every time for me peters, in fact I've only recently started adding here after selling 21 March @ 240P.
gbh2
24/6/2024
09:12
Don't think it was me Pete. I keep the divis until paid. I'm in this for the interim and then the final. Should be 20p as I've said before.
helen troy
23/6/2024
21:00
some helpful things with mng. theyve gone further than expected albeit expected theyd do that with debt bb. made themselves c 10m buying it back cheap so whynt. personally im not remotely worried about their debt so long as cashflow ok. and btw ive checked and even with their crazy divi the cashflow looks solid. so this remains a 10% yielding stock but quite boring.

TO potential still live but diminishing

cjac39
23/6/2024
17:05
Are you mixing up Prudential with M&G as former is far east concentrated
action
23/6/2024
16:58
>> Helen Troy - can I ask you a question? I seem to remember someone, possibly you, discussing a trading method of selling pre-xDiv day and buying back after xDiv day. Can you remind me how that works? Sorry if I've got the wrong person.
pete

petersinthemarket
21/6/2024
14:53
i sold out some months ago for a good profit.
have been buying hard. now 20k
i am v bullish re asian recovery, 11% divi and cap growth in the next 2 years. putin permitting!
but he is f'ing crazy so wtfk?

adejuk
21/6/2024
08:51
The interim and the final divi add to just shy of 20p. I'm happy to leave my sizeable stake (for me) in for a year to collect both.
helen troy
20/6/2024
16:50
Because they're less likely to be getting divorced ? :-)
pete160
20/6/2024
16:05
I always think that the wife of a director buying is the king of director buys.
kimboy2
20/6/2024
16:01
The Chair and his wife buying..
cfro
15/6/2024
04:48
Plan to keep for the bumper final divi
helen troy
15/6/2024
01:14
Nice one Helen. You going to sell a portion pre XD or just stick for the divi?
rongetsrich
14/6/2024
11:14
Topped up my holding.
helen troy
12/6/2024
07:54
I suspect most holders would be satisfied with maintaining the dividend so the prospect of dividend growth should at some point see the shares rise along with the eventual reduction in interest rates.
pj84
12/6/2024
06:40
M&G’s plan for £450m of debt deleveraging to reduce its Solvency II leverage ratio to 30% by end-2025 is a positive, prudent step from management, analysts at Deutsche Bank suggest.

“Whilst the bears may use this to question the quantum of capital generation over the next 18 months, we believe M&G's cap-gen potential is robust over the next three years (evidenced by a strong target range),” the bank said.

“This should support dividend growth once the leverage target is achieved.”

Fund manager M&G trades on a 10% 2024e yield (vs UK life at 9%) notes Deutsche Bank.

'Buy' with a target of 240p is its investment view. The shares were down 0.9% at 201.2p.

muscletrade
10/6/2024
19:45
Great to see what happens on a markets down day , when they announce debt and therefore interest cost reduction.
Shame the bulk was a lower rate but its all good.

Debt going down , share price going up - quite often the opposite to borrowing money to buy back shares - debt up , share price down.

fenners66
10/6/2024
18:43
Nice news on the deleveraging front today. I think cjac was expecting something like this, and Mr. Market seems mildly appreciative...
edmundshaw
10/6/2024
09:25
Aviva shares fell 10.3p to 467.6p after analysts at JPMorgan removed their “overweight221; recommendation and gave the insurer a lower target price of 550p.

Wealth manager M&G moved the other way, up 1.4p to 199.7p after the same firm backed the shares to reach 250p.

unastubbs
Chat Pages: 201  200  199  198  197  196  195  194  193  192  191  190  Older

Your Recent History

Delayed Upgrade Clock