We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I sold at all at 234 on 21st march.
Waiting for 180-190 which it hits regularly e.g Dec 2022, Mar 2023, Jul 2023, Aug 2023, Ost 2023.
First buy @£ 2.07ish....ATB
Think this year is more positive but cant rule out sub 200s as been learning and playing this the last 5 years, sold all pre ex, now dripfeeding slowly back in starting this morning
Looking at last year, did it not take until Dec to even recover to the sp it was before x divi date in March 23 ?
8.8k dividend but down 16k on capital
I decided to add - seems to be comfortable in the 2.20 price range now so hopefully will return there gradually....
Thanks for that, needs a good shot of something to gets its libido rocking again ha ha
This is quite normal with these unsexy stocks im afraid
What is happening to the share price, gone way beyond ex div correction. Any ideas
I hold them in my pension fund account. I'm 56 so have a large sum to invest.
Lamoroma24
Nice £8.8k dividend heading your way, hope they are held in an ISA.
**Hi. I've still got my 67k shares bought before ex dividend date. Not sold any. Am I eligible for the next dividend? Not selling now at this low price range.**
You have invested about £150k in this share BUT have no idea about the divi nor
The x-divi ...Very Brilliant Move, well done !!
Yes, of course, and you also will receive the one will be paid on May 9 as well. Since you bought your shares the day before going ex-dividend.
Hi. I've still got my 67k shares bought before ex dividend date. Not sold any. Am I eligible for the next dividend? Not selling now at this low price range.
As per today's RNS, 4 PDMRs exercised options for shares and sold sufficient amount to cover their tax liabilities.
This was not a trivial amount: 184,000 shares.
So, apart from going ex-div, this might be one reason why there has been share price weakness over the past few days. In light of this, I would expect the downtrend has ended (ceteris paribus...) and it's unlikely to go below 200p.
Snakeeyes1875, Thanks for the advice and warning, with hindsight i would have been better off selling at 2.40 like sidi did, but i held on, so the situation i'm in it doesn't really matter to be me if the share price keeps rising as i'm still holding anyway, just saying i would add more if it drops down to my current average, an awful lot can happen between now and the next exdiv, if only we could predict the future of any share price we could all get rich very quickly
best of luck which ever way you all want it to go for now
If you are sitting with an average of between £1.90-£1.95 you are doing extremely well! So well played, you must've managed to buy in one of the few low periods I would not bank on keeping your average down at those levels (if you intend to invest more in M&G that is). Last time it dropped below £1.90 was August last year and even then it was only for a few days. In fact (pandemic period aside), it has only dropped below £1.90 a handful of times since it's inception in 2019 and only generally for very short periods when it has. Even over the turbulent times over past 4-5 years, the share has maintained a generally solid level taken over the longer term and anything at this weeks price level, given the slightly more stable place we are in generally, is a massive bargain given the solid dividend to boot.
We will see a rise next week and a continued revival from here in my opinion, but best of luck to those awaiting a lower price point, I just don't see it happening.
Sidi, i'm wanting to add here, hopefully 190-195 don't like adding above my average if i can help it, but exdiv has passed so no reason to rush, if it doesn't happen i will just put the money somewhere else, i wonder how well the sell in may and walk away theory would work for this year though, as interest rates and inflation should be dropping ? maybe staying invested will be rewarding, time will tell
best of luck
Well i have been buying heavily since Monday at prices of just under 214p and it has fallen everyday since what is concerning is that it falls more than other insurers on a bad day and even on a good day it seems to fall
Thank both of you for your wonderful advice, but I'll wait for a bit and see how it goes. Have a great day and good luck to both of you as well.
Good luck with that Seen_it, I would be very surprised if you manage to get back in at £1.95, but you never know. Your original £2.10 target was a more realistic one and a very cheap price (which of course you would have achieved by now and been back in!). Most if not all financial stocks are down about 1.5%-2% today providing some excellent buying opportunities, if M&G hold today at current £2.07 level approx., which I suspect they probably will, then I believe we will see a rise in the price again from next week and continuing forward. Buying at the bottom is always extremely difficult and arguably near impossible to achieve, yesterdays price was an excellent buy price, today's is even better still, longer term this is only going one way and that's back towards £2.50 and beyond. Don't miss the doors closing on the train, because it will leave without you.
My advice would be buy now and thank me later.
Best of luck to you though, whatever you decide to do.
Seen-it-done-
This is not what I had planned, but these things happen.
Will just have to sit tight and let the thing pass as always .
Morning robleo, I have lower my order from £2 to £1.95 this morning. Don't know if it will be triggered or not.
The market is having a big dip this morning. I think my half LGEN now is in danger of falling back to big losses again, but let's hope not.
Have a great day mate and good luck.🤞🤞
Sidi, that was a smart move of yours selling at 240, why didn't you tell me?
only joking mate, i wonder what price you will get back in at
Yep - I've being watching on the sidelines as a long-term hold option for my ISA, and have just bought in today with some cash already in the ISA. I intend to buy more shortly in the coming tax year. GLA