The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen 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 am buying the dip. so there.
10% solid-looking dividend, this stock is a joy to long-term-hold.
MNG has plunged a staggering -20% in the past 3 weeks, during a period when the FTSE 100 overall has risen +1%. That is a very bearish sign. Wouldn't be a surprise to see this drift back down to test the 150-175p range.
Yeah, keep dreaming ...IMHO
Good Morning All
Gone to cash here now hike still in profit. Wait for ME to stabilise. Next xd not till sept so no need to have cash on risk in between.
If have to pay more so be it. That’s preferable to a correction.
Trek
Always interesting to see how people approach trading and investing in different ways.
I bought my most recent batch at £2.08, if it gets to £1.97 ( approx -5%) I may buy another.
**Always interesting to see how people approach trading and investing in different ways.**
My way is to buy in drips, never buy/add above my current average.
Also, re-invest the divi regardless the sp value....IMHO-DYOR
If I'm buying more now, am I eligible for the next divi Sept ?
I can`t see why not .
"Wait for ME to stabilise."
Trek, mate, just HOW patient are you...?
Hi Lamoroma24. The forthcoming dividend is 13.2p per share and is due to be paid on 9th May. The shares have been ex-dividend since late March, so buying them now won't get you that particular divi. However, if you buy by mid September you'll be eligible for the next one after that which was 6.5p last year and was paid on 3 November '23. I hope that helps.
Meco,
lol!
Trek
Well I've added this morning 5443 shares at £1.9739 including taxes etc. Now holding 33958 of these with an average of £2.0608.
Over the last 2 1/2 years I have paid as much as £2.3042, and as little as £1.8794.
I think/hope that as interest rates start to fall later in the year it may rise a little to somewhere in the £2.30s, but to be honest its the dividend I hold this for.
This and LGEN are my two long term dividend plays. By cost MNG is my 2ng largest holding and LGEN is the 3rd largest.
However much as I like these stocks, I will be investing the dividends elsewhere to avoid any more weight in these sectors.
Paul, well done you cant go wrong at that price imv.
Taverham
I hope so but I have been wrong before. It may continue down, but over the 10+ year timeline I am planning for I suspect they will do ok.
ATB
Whats the odds this falls into the 180s or lower, ive been here soooo many times now since covid and you would have thought id learnt something, you just cant presume
Just added at 196, hopefully the sp will gain before next exdiv
Good luck all holders
Just added also @ £1.96.
10% relatively safe divi for LTH.
Buy the dips.
GLA
Added few more @£ 1.97044.....imho...
Will keep adding in drips....ATB
I think this will get back to 173
One day i will get it 100% right.....Never Mind
1msn، Good Morning, Please keep posting here, we need clever poster like you here....ATB
I wouldn't mind. Could be a good time to enter.
Market-Dealer, stick to the plan, only add if below your current average and hopefully we will be rewarded after all those crazy country's have finished killing each other, the reality is nobody knows if the share price will go up or down
Is MNG bucking the trend, it seems to be showing some gusto
Hi rob, Thank you. I sticking to my plan, only add when the sp is lower
Than my average, current average is £2.064......ATB