Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yeah. I guess I'm kind of banking on Boris saving us all. :) How did that happen?
What gives me comfort is that the Ukrainians don't seem that bothered (well, at least the ones they show us on the telly)
NervousNelly, maybe just wishful thinking perhaps ?, with everything that's going on at the moment, problems with Russia, inflation, interest rise, Boris, to name just a few, who knows , Tech stocks are getting beaten down, at least with this share they are very reliable at paying out dividends, if it does drop further I will be topping up
ATB
That'd do for me Robleo. My already biggest holding got a lot bigger this week. Anything over 300p in the new tax year will make me happy, but expecting at least 310p. 10% in 10 weeks :)
Saying that IF it did rocket before April I'd likely sell & just pay the tax. While I love LGEN, I'm seriously overweight ATM.
Sorry I meant the 325 guess to be for the day before ex div
cheers
Well it was 319 in February 19th 2020 just before the pandemic hit us, if that's anything to go by, so if anyone would like to take a guess what it will reach this year February 19th, I will start at 325
Good luck all
They are never the quickest to go up tbf! Probably have a rally day before ex dividend
SP seem to be hanging around £2.80-£3ish for a long time now.....will a breakout coming soon? ATB.
It is a complex company and it does depend on how they have hedged the various impacts of changes in market conditions.
P57 of the SFCR report shows sensitivities to various events. Available on the co website. Under investors and reporting.
Eg 1% rise in the risk free rate creates 1bn of capital and increases the SCR by 20percentage points.
Which is good…..unless it triggers a house price fall which would PGS the other way.
Robelo
Supposedly it's inverse. Interst rates that is.
But when they say that they are normally talking about car house etc. I don't think it relates very well to annuities.
The bonds they hold are to pay annuities so they hold to redemption. Changes in the secondary market are irrelevant but do the bonds reach redemption at the same time as the annuities holders die? Or will they have to replace them lower yielding bonds?
how much effect do you think inflation and interest rise will have on this share guys, a good thing or bad?
Trouts, it's whatever you think is right for you really, don't forget about the charges and tax and the fact you may not get back in at a good price or you may invest the money elsewhere and it could drop in price, sometimes it pays off some times not, some people like to talk about their good trades they have made, but not so vocal about the bad ones, tried that with aviva, then it kept rising and it was then too high for me to get in, not going to make the same mistake with this one, but good luck whatever you decide
held these in an orphaned ISA since 2016...strip out dividend reinvestment costs, initial stake has doubled... this is a buy and ignore share... leave the clever trading stuff to some other share. FT this weekend LGEN second largest fund manager in Uk after Blackrock and trading at this yield..markets are potty.
Up to you my friend! This company I don't ever plan on selling. Unless things turn for the worst. I just don't like the idea of doing that personally as I've always lost out part from 1 or 2 times and then was only few shares more so didn't seem worth it to me.
robleo, I'm contemplating the trade. Never tried it before with LGEN, but things generally seem quite volatile in the UK market so it might be a good time to try picking up a few extra points. It depends on the price action leading up to it. When all said and done, I might just ditch some other dodgy holdings I have and top up here post divi.
phil24681
Risky I know.
The ones I am keeping were bought at 166p and as you can guess a very nice dividend. But the maths, in my case makes it worth the risk of sellingand buy back...if I win!
Nope very rarely try the trade tactic as when did lost more so not worth it. plus got legal ans General average price of 2.11 so don't want to lose that!
Trouts I'm not selling because I want to have a lower average than sd235 and planning to add here after ex div, you haven't said what you are doing though ?
but understand why sd is doing that, good luck
"It will mean I can't take the equivalent (to the dividend) out off sipp without paying tax."
Should have read I CAN take the equivalent out of SIPP with out paying tax.
Trouts yes selling day before.
One lot in sipp.
Not buying back taking money to put in isa, as won't have to pay tax on it.
Second lot in Fund and share account. Selling day before (probably) buy back setting limit order at ?? (Not decided). Aiming to loose nothing ie cover costs plus dividend. It will mean I can't take the equivalent (to the dividend) out off sipp without paying tax.
Pushing my luck but suspect legal and general will fall for a week or two after....hopefully.
Will use all the money to buy back hence have a larger dividend in the future, hopefully.
No it's keep for dividend for me, don't trade my best shares, just the not so good ones
To be honest, I'm mainly trying to start a new thread 'cos I'm tired of scrolling down the one started last June! Although, with ex divi date on 21st April, anyone thinking of trading around that date to capture the fall?