M&g Share Discussion Threads

[spawny100] 17/7/2024 08:04

Agree. How can Dow go up 700+ points and FTSE open lower the next day?

[lab305] 16/7/2024 17:10

The Dow goes from strength to strength whilst we languish year after year. The best we can hope for are some crumbs to fall from their table. M&G must be looking very cheap now from a US perspective.

[1jat] 13/7/2024 13:15

JJ
While there is no longer a direct link between Pru and MNG, there will be a large overlap in shareholders as they were common when MNG was demerger from Pru…..but any trading since 2019 will have resulted in divergence…especially across funds with different objectives….I suspect many smaller shareholders will still hold both.
They also experience some of the same macro economics, although Pru is now largely funded by USD and MNG by GBP.

[igoe104] 11/7/2024 20:49

That's certainly my stance RC Turner, put your money in and let nature take its course. No point stressing about stuff out of your control...

[pj84] 11/7/2024 20:16

Completely agree.

[rcturner2] 11/7/2024 06:42

I think with value shares like this you buy and take the dividend and wait for the revaluation. There is no point stressing, holders win either way.

[jubberjim] 11/7/2024 06:07

Have the notion that this MNG and Pru are linked hence why this has been suffering

With that in mind have taken a half and half stance on this and Pru and taken an equal amount cash wise in each.

Dividend here much better than the Pru but the share buyback should help in that regard and when more investors take the blinkers off this should do well.

Early days but very hopeful

Have a good day and hope the weekend gives more joy

[martyre] 10/7/2024 10:38

Norges Bank have increased their hoding in M&G to over 4%

[rongetsrich] 04/7/2024 17:50

Interesting to know.

[gbh2] 04/7/2024 14:50

The next divi will be worth around 3% atm, as I wrote I'm not interested but I will build towards next year's main divi, as I've done this past few years.

[helen troy] 04/7/2024 14:43

No. I've made my bed and I'll lie in it.

[paulboz] 04/7/2024 13:54

Have you considered API or ASLI? Worth investigating IMO

[rongetsrich] 04/7/2024 13:17

I did it last year, and made money. It's not for everyone, but I made more than the divi, bought back at the XD low and had more shares than before and enough cash to say it was worthwhile.

[helen troy] 04/7/2024 09:05

The interim is a 'small?' 3%+. I'm holding for that and the large? final. I don't see any where better to put my money and forget about it.

[return_of_the_apeman] 03/7/2024 23:01

Why not back test it or look at previously published back testing studies ;-)

[pete160] 03/7/2024 22:44

Just to hopefully stop some arguments, the next ex-divi date is likely to be near the end of September.The divi is then paid out in early November.Last year the payment at that time was 6.5p up from 6.2p the year before.

[smurfy2001] 03/7/2024 22:34

Small divi? Yield is 9.75% ! Get it compounded.

[rongetsrich] 03/7/2024 22:00

How much was the rise last year? Perhaps armed with that information you may want to give it a go.

[gbh2] 03/7/2024 19:21

The small divi not worth getting excited about imo.

I'll be adding on drops building up for the main divi in 2025.

[rongetsrich] 02/7/2024 11:59

Jubber, going nowhere? Do you actually watch this share price? It's in the dead water space, as it does in between divis, PRU is a slow burn, in 6 weeks time this is going to be a fast burn, at 1/3 of the price of a PRU share.

[jubberjim] 02/7/2024 09:17

Am currently torn between this MNG and its alma mater PRU

Will sit on it for another week or so

Dividend very attractive here but going nowhere while Prudential continues to languish in the doldrums

Orders/Bids left but whole market stagnant

And now the sun is making its disappearing act

Outlook very occluded

[rongetsrich] 29/6/2024 18:30

riverman, feel free to swipe by, or start another thread, for people to talk facts and figures, day in day out, when nothing is happening.

[scruff1] 29/6/2024 13:36

My view is that people can post whatever they like. Bit like a newspaper. I read the bits I want and pass by the ones that I dont. Never thought of complaining about to the editor. Most of the time there is SFA to comment on MNG anyway. Unlike the newspapers I have the luxury of filtering the bits I really object to. Everyone should be happy. I dont mind reading about trading strategies but my view is that trading the ex div dip is a dangerous strategy considering the spread, duty and platform fee. Rarely worth the hassle though would have worked well this time with mng and phnx. If enough start doing it then the record date may be seen as the buying op which could sink the boat.
Never understood what people telling how many they have bought/sold contributes to anything apart from their own fairy tale or sense of self satisfaction. But it doesnt bother me.

[gbh2] 29/6/2024 12:54

I look forward to all your comments about the company.