M&g Share Discussion Threads

[woodhawk] 13/5/2021 10:49

Probably a good time to buy then! I've added here, PHNX and LGEN. Got a lot of incoming divis in the next 2 weeks, so hoping this lasts a few days more.

[dutch123] 13/5/2021 09:39

Carnage across the boards.

[2wild] 12/5/2021 16:57

About twice the average closing UT with 3,759,516 shares changing hands at 220p. Could well be positive for tomorrow, but who knows.

[skinny] 12/5/2021 16:40

That's the UT - uncrossing trade from the closing auction.

[spawny100] 12/5/2021 16:39

Big buy at 2.20.

[davetedjack] 11/5/2021 09:44

No breakout yet. Was a bit disappointed to see it open down so much

[woodhawk] 10/5/2021 15:30

Wonder if we could finally see a breakout here. Seems way undervalued - would still be yielding 7% at an share price of 260p.

[peterbill] 09/5/2021 11:47

M&G plc publishes its first Sustainability Report

[peterbill] 04/5/2021 17:59

M&G ploughs £35m into Woodford favourite Oxford Nanopore ahead of IPO

[10acious] 04/5/2021 13:24

Positive outlook.https://www.proactiveinvestors.co.uk/LON:AV./Aviva-PLC/Mention of M&G included.

[dope007] 29/4/2021 12:29

Sod it, picked a few up here

[dope007] 29/4/2021 11:35

Picked up some Direct Line and BAE recently. If this dips below 210p again will buy here. UK market as usual way undervalued compared to USA, but these sustainable yields in this enviroment cannot be ignored on UK stocks

[woodhawk] 29/4/2021 09:32

emptyend,

I imagine that - if it does not rerate substantially in the near term - M&G may well be taken over. In the meantime, I'll enjoy the huge divis.

[emptyend] 29/4/2021 09:08

This company has been out of favour for ages. But a p/e of under 5 is nothing short of a steal. Once you start seeing evidence of growth, post-pandemic, there should be a rerating to 400p+ by the end of 2022.

[gbh2] 29/4/2021 08:44

Snag is it's dead money between ex dividend dates.

[mcflyo2] 28/4/2021 14:36

MNG v SLA

MNG
Year high: 231.70p
Year low: 108.90p

Market Cap: £5.72 bn
P/E ratio: 4.95
Dividend yield: 8.29%

SLA
Year high: 332.80p
Year low: 201.40p

Market Cap: £6.23 bn
P/E ratio: 7.57
Dividend yield: 5.11%



MNG PE 4.95 wow!

[2wild] 28/4/2021 14:35

Eqi paid me early this morning and Lloyds (Halifax) around 12pm. Reinvested 50% of my divs at 213.4p. With over 5.7% of the current market cap being returned today, could see a nice rise over the next few days.

[flagon] 28/4/2021 13:51

IG & ii paid early this morning.

[woodhawk] 28/4/2021 13:45

iWEB just paid me about an hour ago; I find them pretty reliable. IG Index are much better now - sometimes even beating iWEB, a serious improvement!

[spawny100] 28/4/2021 13:28

Iweb not paid yet

[whatja] 15/4/2021 13:02

IMO it will rise to 260-280 by continuing on its capital plan. The dividend is pretty secure and debt will fall with the capital thrown off by the heritage business lines. This should sustain a price above 250.
It then needs to deliver growth in FUM and fee income to make further progress in 22-24.

The yield provides a decent ISA or Pension income play in the meantime.

There are too many asset managers in the UK, so expect some consolidation. MNG is a likely participant when it is looking for growth in 12-18m time. What that looks like is anyone’s guess at the moment.

[makinbuks] 15/4/2021 11:55

Question is is it about to re-rate or is it a value trap?

[peterbill] 15/4/2021 11:53

MNG v SLA

MNGYear high: 231.70p Year low: 108.90p Market Cap: £5.72 bn P/E ratio: 4.95 Dividend yield: 8.29% SLAYear high: 332.80p Year low: 201.40p Market Cap: £6.23 bn P/E ratio: 7.57 Dividend yield: 5.11%



MNG PE 4.95 wow!

[bis5] 15/4/2021 11:34

£2.21 seems the price to stay over