Member Info for AB2332

"(Sharecast News) - Analysts at Liberum upgraded their recommendation for shares of Legal&General from ´hold´to ´buy, telling clients that it was the European insurer offering the most synergies thanks to its competitive advantage in annuities and asset management.
And after examining the assets, they concluded that there was far less risk than consensus presumed.
Furthermore, impending capital reform was set to reduce volatility.
So with less risk than implied by consensus prices, 23% upside and a 7% yield they decided to upgrade the shares and raise their target price from 290.0p to 340.0p."

(LGEN News, Thursday, 21st. October - Jefferies upgrades Legal & General to buy, says consensus overestimates risks. )
And you can reduce your broker fees to under £6 a pop by doing so online . Execution only share dealing, no advice, annual fee or that, just the buy/sell, British firm in Kent.
Good Luck to us all.

"Medium term growth: ambitious and deliverable.
1. Cash and capital generation significantly to exceed dividends (we intend to generate £8.0bn - £9.0bn of both cash and capital, and to pay dividends of £5.6bn - £5.9bn).[30]
2. Earnings per Share to grow faster than dividends, with the dividend growing at low to mid-single digits from 2021.
3. Net capital surplus generation (i.e. including new business strain) to exceed dividends."

(from LGEN 4th. Aug., 2021 - Half Year Results Part1 - Outlook.)

robleo Wednesday 21.30
I don't trade in and out. Not sold an LGEN share (I have a few thousand but not lot of them) since 2009 and I think we will all see a slight difference in share price behaviour in future with a new tweak in emphasis. We should break out from the £3 a share barrier shortly as more capital growth is determined upon.
"Medium term growth: ambitious and deliverable.
1. Cash and capital generation significantly to exceed dividends (we intend to generate £8.0bn - £9.0bn of both cash and capital, and to pay dividends of £5.6bn - £5.9bn).[30]
2. Earnings per Share to grow faster than dividends, with the dividend growing at low to mid-single digits from 2021.
3. Net capital surplus generation (i.e. including new business strain) to exceed dividends." (from LGEN 4th. Aug., 2021 - Half Year Results Part1 - Outlook.)
So there should be more progress in the shares to look forward to than just the familiar up and down carry on. I think folk should try and hold what they have
All the best to you and yours. Good Luck.

And Brent was over $86 for some hours during the night.

Yes. Think you're right there, ivans. Brent Crude trading over $85 this afternoon for December supply -
https://www.theice.com/products/219/Brent-Crude-Futures/data?marketId=5049358
Spot the difference at the retail pumps easy enough. I paid £1.31 point 7 a litre for petrol (supermarket - West Aberdeenshire) at the end of September and yesterday, at the same automated, non-kiosk, £30 value restricted purchase d-i-y pumps, it was £1.37 point 7 a litre petrol. Diesel another penny the litre on top of that.
Good news doesn't come cheap, eh?
Good Luck to us all. :0)

This is a Buy :-
20-Oct-21 08:33:05 0.754 52,265 Sell* 0.73 0.80
AB

Yes. Same here. robleo Not a lot to shout about unless it is down ....!
I did buy some Serica (SQZ) in April at just over the £1 each - bought some more a fortnight ago just over £2 each. They now have a dividend payable September 3.5p was the latest and only the second payment ever. Turn of this year 2021/22 BP relinquishes all entitlement to their interest in stocks now owned by Serica, so in theory, they should still have a bucket of "go" to push on into the New Year. SQZ make their money from oil and gas - mostly gas. North Sea. No debt. Money in the bank. Prudent board. Drilling prospects .... (stop dribbling). Worth a punt I'd say but then I'm no expert, etc. etc.
God Bless and Good Luck to us all.

RNS of Fri, 15th Oct 2021 14:39
"........ the Company has issued an aggregate of 3,103,716 Common Shares to employees (including 1,645,267 shares to a person discharging managerial responsibilities ("PDMR's") pursuant to the obligation to annually issue vested performance share units ("PSUs")) to acquire Common Shares under the Company's performance and restricted share unit plan ....
".......... It is expected that Admission will become effective at 8.00 a.m. on or around October 21, 2021. Following Admission, the Company will have 823,309,231 Common Shares issued and there are no shares held in treasury....."
.......................................................
@Petro_Tal : "Manolo Zuniga, CEO: “On behalf of PetroTal, I would like to thank all our employees and contractors for another outstanding quarter.”
.......................................................
No mention of events at Station 5.

Special dividend would result in me and many other shareholders paying more in income tax. Sod that.
https://www.theice.com/products/219/Brent-Crude-Futures/data?marketId=5049358
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188706

I've never paid more than £2 for a share - any share - until yesterday morning, that is. I sold one stock I had made a profit on and added the proceeds to my existing Serica holding. Pleased to find myself in profit on the purchase at the end of the day. It gave me a boost the way the transaction completed with both prices remaining as had been planned. Lucky boy!

Latest prices Great Britain Gas :
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188706
AB

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188706

AB

https://twitter.com/Petro_Tal

Over $83 now.

AB

Brent crude trading circa $82 this afternoon. The high shortly after 1300hrs. was $82.71.

AB

Great RNS. Encompassing local's concerns and priorities as well.
Timely top-up from me yesterday too (!)
Brent at circa $81. Good Luck to us all.
AB

Aye, great RNS. Rule Bretana!
".... examine ways to return value to shareholders, in due course."
Onward and upward. :0)
AB

Glasgow Herald (Kristy Dorsey): "........Looking ahead, Serica said drilling remains set to get underway next year on an exploration well at North Eigg, which lies just northwest of Rhum. The prospect is thought to hold gas equivalent of up to 70 million barrels of oil.
"Serica, which has an operations centre in Aberdeen and headquarters in London, also announced the appointment of former Premier Oil director Richard Rose as a non-executive director. "

First Canadian stock I bought was featured in "The Scotsman" and operating in the North Sea. Ithaca Energy. Named after an indigenous Canadian tribe. Bought out by the management when things were on the up. Still operating privately.
PTAL - I bought another wee slice of this today at under the 21p shortly before 1300hrs. It is recorded as a SELL.
Gas - Serica Energy (SQZ) - another company named after an indigenous Canadian tribe, is also doing well just now and starting Q4 2021 development of their Columbus field (50% to SQZ of expected gross 7,000 boe/d anticipated to be 75% gas.) North Sea, Forties. Juice goes to Cruden Bay; gas to St. Fergus, Scotland. SQZ hit £2.15 today, the highest it has ever been. Dividend of 3p in 2020 - 3.5p this year. No debt. Money under the mattress. Interim results out tomorrow, 28th.
Never been to Canada but I've been once to Calgary - rained.
AB

https://www.adn.com/business-economy/energy/2020/02/26/huge-drilling-rig-takes-an-unusual-drive-down-alaskas-dalton-highway/

"...The rig is expected to return by road to Deadhorse in April."