M&g Share Discussion Threads

[brucie5] 12/7/2021 10:07

I somewhat share your anxiety, and of course the last fall took the good down with the bad. But I think you can still find value to protect yourself from the worst of that, so long as they are shares that continue to pay out income, which is otherwise no so easy to come by atm. MNG has great value metrics on Stocko as well as the >8% dividend. I bought some more last week. I think next few months will be risk off, so maybe some rotation into shares like these?

[spawny100] 12/7/2021 10:01

Lol Brucie. I'm still wavering. Markets all look on a knife edge. Truth is I don't trust global governments not to intentionally crash the markets as part of the Great Reset.

[brucie5] 12/7/2021 09:53

spawny10012 Jul '21 - 09:35 - 765 of 765
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Not unique to MNG though. Many others like AV and LGEN are also struggling. Still wondering if it's time to go to cash in anticipation of the next crash.
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Let me know when you've decided, lols. Alternatively, MNG is a good source of baseload income. Use the cashflow generated to buy down the market as/if/when it tanks.

[spawny100] 12/7/2021 09:35

Not unique to MNG though. Many others like AV and LGEN are also struggling. Still wondering if it's time to go to cash in anticipation of the next crash.

[gbh2] 12/7/2021 09:29

SP drifting lower with each passing day.

[notbitcoin] 05/7/2021 19:37

And a England win will put everyone in good mode £4 soon

[notbitcoin] 05/7/2021 19:36

£250p tomorrow or by end of week.Covid is now over ?

[notbitcoin] 03/7/2021 16:54

Up in xmass rally £3.50 by Jan

[cassini] 29/6/2021 15:42

rogerramjett,

I agree the fundamentals are good but I've seen poor performance from PHNX and LGEN as well recently, both of which I hold. More to the point though, I've no spare cash to take advantage of the drop!

[rogerramjett] 29/6/2021 15:36

A little worrying ? What is there to worry about ? The performance of the company is not in question. I relish the drop as I will be stacking out my PF with these.

PE is 4-5
Divi is 8% plus
Divi cover is over 2

Lower this drop the better and more ridiculous these fundamentals get.

[dope007] 29/6/2021 14:38

Just bought back in here. Like others in the sector the yield is high and I would guess several of them are takeover targets because that's the only thing the UK stock market is good for. Selling off UK companies on the cheap

[cassini] 29/6/2021 13:18

The price has gone below the 50 day (?) m.a. and if the price drops below ~225p then it'll have dropped through the bottom of the rising trend channel.

We need a bit of a bounce from here really or the outlook will look a little worrying IMO.

[deanowls] 25/6/2021 20:42

Still have to kill the beast and sell all the parts somewhere. It’s the loins that make the money.

[cassini] 25/6/2021 19:05

The inflation figures are very manipulated.

There's 'hedonic' adjustment which means for example if a new laptop has a 3GHz processor in it instead of an old 2.5MHz processor laptop then even a rise in price from old to new doesn't show up as the new price is adjusted to allow for the fact the new processor is better.

Then there's the things they don't include in the inflation figures - food(?) and energy in the US figures I believe are excluded from the 'underlying rate of inflation' as they are considered volatile.

Then there's the official basket of items from which inflation is calculated - expensive stuff stops being bought so much by people so is eventually excluded and replaced by something else that's cheaper.

One can imagine beef sirloin steak being taken out of the index and replaced by skirt of beef, then beef mince and finally by pig's trotters! ;0)

[aleman] 25/6/2021 15:43

Not sure how accurate these are:

[diggybee] 25/6/2021 14:41

It's trading at highs though. Sill price was below a quid last year surely.

[rogerramjett] 25/6/2021 14:06

Well I welcome a big interest rate rise but feel it is absokute garbage and financial suicide. Interest rates will never be better than MNG investment. This has to be one of if not the best stock to buy ?

Large divi over 8%
PE of around 4
Divi cover over 2

Tells me one thing.

This is silly price and for some it's incredible having an even lower average and divi close to 10% or higher maybe.

Whole sector is dropping. I'm buying for the long term

[gbh2] 25/6/2021 12:23

Quarterly Dividends are not popular with the Hedge Funds Traders, it reduces the insatiability of the share price

[rogerrail] 25/6/2021 12:05

So if you had the option when a company reports say in Dec to receive a six monthly divi in Feb or a qtly divi in Feb and then one in May, what would you choose?

[williamcooper104] 25/6/2021 12:01

Yep - quarterly reporting is over kill

[thamestrader] 25/6/2021 11:59

Quarterly reporting and dividends are great for shareholders, but having worked for a mid-size US company (quarterly is the norm stateside), I know they can be burdensome and distracting for management and employees alike. No sooner has one planning/reporting cycle finished before the next has started.

Having said that, just because you pay quarterly doesn't mean you have to report quarterly (or does it?).

[williamcooper104] 25/6/2021 11:53

Don't know why more U.K. companies don't just go quarterly Lessens the cum-div/ex-div volatility and gives greater budgeting ease for those of us living of dividends

[stun12] 25/6/2021 11:41

I think the uneven dividend policy has something to do with i.e. the final is twice the interim. So there's not a lot of incentive for yield buyers to get in at the moment, having not long paid out the final. Keeping me from stepping back in for the while when stocks like PHNX make more balanced payouts.