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| 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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.0% | 211.30 | 3,940,879 | 16:35:28 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 211.50 | 211.70 | 211.90 | 207.50 | 211.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Life Insurance | -8.55B | -1.63B | -0.6951 | -3.05 | 4.97B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 18:23:38 | O | 17,129 | 211.177 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 07/12/2023 | 12:28 | UKREG | M&G PLC Form 8.3 - SCS GROUP PLC |
| 06/12/2023 | 15:52 | UKREG | ScS Group PLC Notification of Major Holdings |
| 06/12/2023 | 14:09 | UKREG | M&G PLC Form 8.3 - SCS Group Plc |
| 05/12/2023 | 15:31 | UKREG | Videndum PLC Holding(s) in Company |
| 05/12/2023 | 14:18 | UKREG | M&G PLC Form 8.3 - SCS GROUP PLC |
| 04/12/2023 | 16:05 | UKREG | ScS Group PLC Notification of Major Holdings |
| 04/12/2023 | 12:42 | UKREG | M&G PLC Form 8.3 - SCS GROUP PLC |
| 01/12/2023 | 15:00 | UKREG | M&G PLC Total Voting Rights |
| 01/12/2023 | 11:44 | UKREG | M&G PLC Form 8.3 - SCS GROUP PLC |
| 29/11/2023 | 15:53 | UKREG | ScS Group PLC Notification of Major Holdings |
M&g (MNG) Share Charts1 Year M&g Chart |
|
1 Month M&g Chart |
Intraday M&g Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 07/12/2023 | 13:35 | M&G | 4,198 |
| 19/8/2023 | 09:52 | 2nd Interim v final dividend ? | 51 |
| 28/9/2022 | 13:26 | Bad News Bears | 1 |
| 25/2/2005 | 17:10 | Miramar Mining: Undervalued Gold Miner? | 3 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2023-12-07 19:03:02 | 209.80 | 14,897 | 31,253.46 | O |
| 2023-12-07 18:24:02 | 211.18 | 17,129 | 36,172.51 | O |
| 2023-12-07 17:51:06 | 209.21 | 13,758 | 28,783.11 | O |
| 2023-12-07 17:50:11 | 209.23 | 1,911 | 3,998.37 | O |
| 2023-12-07 17:49:51 | 211.30 | 88,521 | 187,044.87 | O |
| Top Posts |
|---|
Posted at 07/12/2023 08:20 by M&g Daily Update 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 211.30p.M&g currently has 2,348,000,000 shares in issue. The market capitalisation of M&g is £4,970,716,000. M&g has a price to earnings ratio (PE ratio) of -3.05. This morning MNG shares opened at 211p |
Posted at 06/12/2023 14:48 by helen troy Not usually spawny. I usually shoot from the hip, and pick shares from gut instinct, like mngMore thought went into tsco. I have transferred a slice of mng into tsco already. The thought is how much do i transfer into tsco if they approach 220. Both have good dividends. |
Posted at 30/11/2023 07:56 by masurenguy Should I buy M&G shares for the 9.8% dividend yield?One of the attractions of owning FTSE 100 shares at the moment is some of the high yields on offer. Take asset manager M&G (LSE: MNG) as an example. It has a dividend yield close to 10%. Sustaining the dividend No dividend is ever guaranteed. That recognised, M&G does have a policy of aiming to maintain or increase its dividend each year. This year, for example, saw a 4.8% increase at the interim stage. Last year, the full-year dividend rose 7.1%. To keep growing (or even maintain) its dividend over the long run, the firm needs to continue generating enough cash. The company has proven its cash generation potential. Last year, not only did it pay out a chunky dividend, it also spent half a billion pounds buying back its own shares. Set for growth Can M&G keep generating sizeable free cash flows in future? It has a well-known brand, customer base stretching to millions of clients in several dozen markets and can benefit from ongoing high demand for asset management. So far this year, business has been strong. In the first half, the firm saw a net client inflow of funds (excluding its Heritage business) of £0.7bn. It generated over half a billion pounds of capital. Set against that, demand for financial services is high over the long run but can fluctuate. Choppy markets might lead investors to pull money from funds, for example, hurting revenues and profits for service providers like M&G. Beyond the dividend Despite the risks, I would be happy adding more M&G shares to my portfolio if I had spare cash to invest. I say ‘more’ because I already own shares in the FTSE 100 company. But while the dividend yield is certainly attractive at 9.8%, is that the only reason to own the shares? What about the prospects for capital growth? The track record here is unremarkable. The M&G share price has moved up 6% in the past year. Since it listed in 2019, the shares have lost 10% of their value. Past performance is not necessarily a guide to what may happen in future though. With a market capitalisation of £4.8bn, I consider the business to be attractively valued given its strengths. The long-term trend of a falling share price may continue. But I am hopeful the reverse will be the case and M&G shares rise in price over time. I’d keep buying I like the business, I like the valuation, I like the potential for capital growth and I certainly like the blockbuster dividend yield. So I plan to hold my M&G shares and look forward to hopefully receiving ongoing passive income streams from them. If I had spare cash to put to work in the stock market, I would be happy to buy more of the shares today. |
Posted at 17/11/2023 06:44 by jubberjim I think that this is at least 10% above where I feel is justified in light of the prices of the other 3 Aviva Lgen and Phnx which have undergone a fall in their share price over the last few monthsThis gives me fair value at around 180 which was my last reference point when reading the chart indicators back in the day and shared at the time by Skinny Still holding those 3 and will continue to do so but will continue to avoid MNG until then Stay safe keep liquidity we don t know what's round the corner |
Posted at 28/10/2023 03:37 by superiorshares So to investing.A commenter on here mentioned that MNG paid a high dividend but unlike the other similar business had not had a significant share price drop . I think here that could potentially change. If you look at the banks they are all dropping in price . Standard chartered a notable one. Whilst MNG isn't a bank it is financially related . So will MNG maintain this differenc over these other 3 businesses? I think not . |
Posted at 19/10/2023 06:28 by superiorshares I have had a little look at MNG . To be fair everything looks rosy !Only thing is somebody commented on here . That MNG was not like the other 3 similar business, in that they all paid high dividends but MNG as yet hadn't had the large share price drop . Why ? That would be the million dollar question |
Posted at 17/9/2023 20:01 by cjac39 its so funny how far every analyst report or supposed expert journalistic report is from the value case within mng. Unlike lng or aviva mng is unique in having the last with profit fund of scale in the country or probably world. Its >100bln of assets and liabilities and the shareholders share of this is material. The IFRS bs ignores all of this (pre17) and its ridiculous every article or research note about mng never mentions it. The PVSTis worth 4.75bln as at H1 based on solvency 2 risk free discount rates. Real world returns could make it 2x. Mortality outcomes continue at 5x std deviations with more covid vaccines which makes mng 3-5% on mortality assumptions. asset mgmt is worth 3-3.5all day long. its trading at 60% undisturbed value absent any better mgmt |
Posted at 03/9/2023 06:15 by boystown Tipped in Midas column in Mail on Sunday:How should investors choose which shares to buy? Some look primarily for growth, delivered by rising share prices. Some seek out income, delivered by generous dividends. Most cast about for a blend of the two. The search can be tricky, particularly now when many companies are struggling to grow and offer lower income than top-ranking savings products. M&G is different. The shares are trading at £1.91 and it is forecast to pay a dividend of 20.1p this year, putting the stock on a yield of 10.5 per cent. In most cases, such a yield would set alarm bells ringing. City types like their dividends to be fair to middling, with high yields prompting fears that either the dividend or the share price is heading for a fall. But M&G is a main constituent of the FTSE 100 index of Britain's largest listed companies. It is valued at almost £4.5 billion and chief executive Andrea Rossi is committed to increasing the dividend and driving profits growth. Brokers believe he can do both. Half-Swedish, half-Italian, Rossi was educated in France and has spent his career working around the world, collecting contacts along the way. Having taken the helm last October, he is already making a mark on the business. M&G is, at heart, a savings and investments business, building on decades of experience to help customers earn attractive, long-term returns on their money. Founded in 1900 to finance urban public transport, the Municipal and General Securities Company evolved into an investment firm, launching the UK's first unit trust in 1931. In 1999, M&G was acquired by Prudential but four years ago, the group split into two. Prudential became an emerging markets-focused insurance firm. M&G was left as an international asset management business with a UK savings division and a life assurance arm. The demerger was underwhelming. From a starting price of £2.20 in October 2019, M&G shares had more than halved by March 2020 and, even though they have since recovered some composure, remain below their original price. That should change. Rossi is energetic, ambitious and determined to ensure that M&G capitalises on its heritage and investment talents. The company has more than £300 billion under management, spanning every type of asset, from international bonds and equities to African micro-loans to Northern Gritstone, formed by the Universities of Leeds, Manchester and Sheffield to turn clever ideas into commercial businesses. Traditionally focused on working with large institutional investors, M&G is keen to develop its wealth division, which offers products to individual savers, via financial advisers. Rossi is investing in technology to make this business work better and the firm also benefits from an expertise in bonds, sustainable investments and multi-asset products, all of which are in vogue right now. M&G owns a sizeable life assurance and annuity subsidiary too. This has been closed to new business for several years but is about to reopen its doors. Brokers expect the group to deliver robust growth under Rossi's stewardship, with operating profits rising from £616 million this year to £729 million by 2026. Dividends should increase to 21.2p over the same time frame. Midas verdict: The FTSE 100 index of Britain's largest listed companies is forecast to deliver annual income of 4.1 per cent this year. At £1.91, M&G shares offer a yield of more than 10 per cent and the prospect of long-term growth. Buy and hold. |
Posted at 06/8/2023 20:02 by popit cjac39Thanks very much for your answers It is very difficult to understand why the new CEO has explicitly dismissed this great opportunity of DB buyouts. Did he say why he was opposed to it? And why was such a useless person who does not understand the opportunities of DB buyouts ever appointed to be the CEO ? Did you ever think of contacting the directors as a concerned shareholder to ask why they were not taking advantage of this great opportunity? If they are not doing their duty to increase shareholder value then they deserve to get taken over by Macquarie or someone else. So who will reap all of the rewards of the DB buyout opportunities? I think Phoenix and L&G are the main players? And is Aviva also involved in DB buyouts? I also like Aviva and I think Cevian said the share price should be about £8 by now. But still the share price is stuck at less than £4 and so it is difficult to see what shareholder value the present CEO has produced for Aviva shareholders. Most of these CEOs seem to be fairly useless. So as regards profitability, are you saying that it should be possible for Adjusted Operating Profit to eventually reach a consistent level of about £1 billion per annum? That is quite a long way from the £529 million last year. And the profit was £721 million in 2021 so the trend seems to down. Perhaps that is why the yield is so high as there may be concerns that the dividend is unaffordable and may have to be cut in the future. What Adjusted Operating Profit are you expecting for 2023 and 2024 ? |
Posted at 05/8/2023 18:45 by popit cjac39Thanks for your analysis and comments about M&G I don’t know much about the insurance industry so could you possibly explain some of your various points a bit more in layman’s terms ? I will go through them one by one if that is ok ? 1. You say that the highly paid investment analysts and the stock market do not understand M&G, and that is why the share price is so undervalued. So, in simple layman’s terms, what is it that they cannot see? Surely the stock market is fairly efficient in calculating the price of a large FTSE 100 company? 2. You say that there is a Book Value discount of 60% today. Do you mean that M&G are trading at 40% of their real Book Value? So if the share price is around £2 today, are you saying the real Book Value is £5 ? And how exactly are you calculating this figure of £5 Book Value? 3. Many of the terms that you use will not be familiar to ordinary investors. Can you please explain them? What are S2 funds? Deduct sub debt? And net risk margin? TMTP? Prufunds? 4. You also said a few weeks ago that they appointed a guy who does not seem to understand the opportunity that is staring M&G in the face. And you said that the idiot CEO had declined to participate in something. So, in simple layman terms, what is the opportunity staring M&G in the face? And what exactly has the idiot CEO declined to participate in that will earn M&G so much profit? And has the CEO actually said that he does not want M&G to ever participate in this great opportunity? Or is it still possible that M&G will eventually participate in this great opportunity? 5. You said in a previous post that MNG had £25 billion annuities and one of the best “data sets” in the industry. What does this mean exactly, and is it another lost opportunity that they are not using to their advantage? 6. And if you were the CEO of M&G, what exactly would you do to get the share price up to nearer £5 ? 7. You also said previously that you considered L&G to be overvalued? Why do you say that? They have a very good dividend at over 8% and it is has been increasing for many years. 8. You also said that Aviva was about 50% undervalued. So why do you think that they are such a better buy than L&G ? 9. And perhaps the stock market is wary of these insurance companies because of the huge risk that they would be exposed to if there was another financial crisis like in 2008 ? There are trillions of dollars of debts and liabilities out there and if the financial system gets in to trouble again then it could easily lead to another crisis for banks and insurance companies. Is this not possible? 10. And finally, what would you say is a fair value share price for the main UK insurance companies? That is Aviva, L&G, Phoenix, and M&G. Thanks |
Posted at 19/7/2023 15:32 by pete160 cut, possibly because people are seeing 1 swallow in the lower than expected CPI and believing summer is here. In relation to MNG, namely:1. Inflation lowering more quickly than expected, 2. Interest rate rises and perhaps interest rates have peaked, 3. UK economy not as much a basket case as was considered yesterday 4. Asset managers not as exposed to AUM destruction as previously feared 5. MNG yield of c. 10% pa. more secure 6. MNG yield of c. 10% looking even better against a lower inflation target and lower interest rate expectations. 7. Re-rate of MNG overdue 8. Buyers and bidders of MNG better sharpen their pencils and jump in before the share goes through 200p and towards 220p + |
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