Member Info for bertram

I was having a small joke wit Paul IP3LY. Im sure he meant £3.17 or 317p. TC.

Paul2566, That was a terrific price mate £317. Boy I wish i had sold then 8-)). Yep holding here for a few years now and watching its trends. Adding more to my ISA on lows as I think Gov may start stealing more Dividend in future.

I really do see this share as a long term payer with excellent divi and prospects. Hope new CEO does not rock the boat trying to make a name for himself. IMHO lgen is one of the best kept secrets on the ftse and as long as SP does not reflect its true value I will keep reinvesting.

For the life in me I can not find any skeletons with LGEN and once interest rates drop this share will become a major asset, to me at least. GL.

Why is this share not trading around the £5 mark? Everything points to a good well run company with good financials, profits, yield etc. Pre covid I worked on 3% being a good divi return. Lgen at near 10% this feels very under valued ATM. Is there anything bad about lgen and its prospects? I can`t see them.

SIDI, stick to your guns and never sell at a loss. Patience needed and your wealth will return. Peeps will look at shares once interest rates fall and then you will get and deserve to be rich. TC.

Hi SIDI, I do see and reason with your frustration. I to have some at higher av of about 250+ p and am slowly shifting the bulk into a shares ISA. The divi is the sweet part and helps with sp losses. I can not find any problems with lgen and for the life in me do not know why its trading so low with its constant rewarding divi. I have recently sold most of my RR shares at a profit but don`t understand why they are surging ahead when no divi is payable., divi eventually paid will not not match lgen and with four times shares in issue making SP about £12 pre covid. I just don`t get it.

Anyhow good luck matey, have a nice week end.

Seen it done it, If you want to see a dog look at LLOY. All banks are "dogs" IMHO. My Av with lgen is 208p in my isa acc. paying near 20p per share with an increase of 5% /year I do not call bad. I do get your point however and a steady rise would be nice.

"but I have to call this a dog!" I don`t. near 10% yield= easy money. Wait till interest rates tumble.

Guitarsolo, I am sorry that was response to a genuine worry. I have seen daft spending in the past and these bright people in management are not immune to being suckered. RBS is a prime example. I have seen it at RR when times are good investing in some hairbrained schemes. Even governments spend away in good times instead of "stash the cash".

Lgen is a sound business atm so why rock the boat? If Boots goes toes up will that make lgen liable for pension short fall? I suppose it will come out in the wash. The great deep thinking ones know best. GL.

I just hope lgen have done due diligence. A company awash with cash sometimes makes blinkered misguided decisions. Look at the banks.

Strange a cat complains about killing birds. I wager cats kill more.

"BT is always the first with the technology. And always the last to take commercial advantage of it. All futures, unfortunately."

Yeah this is correct, a lot caused by OFCOM making BT share their tech with competitors in the interests of Fair trade. I think why a lot of Bt innovations have remained on the back burner.

OOPS, Sir Tim.

RR news. UltraFan delivers a 10% efficiency improvement over our Trent XWB, which is already the world’s most efficient large aero-engine in service.

Hope you read this great RR news Sir Tom.

I agree Tufan is a shrewd businessman 2 words for Thai Airways ,There Loss 😀

Actually should it not have been " Your loss" 8-))))))

Good posts GS and Highveld, interesting reading and no apologies needed.

"When idiot Boris's covid panic began" Well perhaps next time lend him your crystal ball eh eccles. He was dammed if he did dammed if he didn't. Easy to be wise post covid tragedy.

PS SOM, if you want to help tell me how to keep growing divi pot out of gov`s hands.

Son of Mandy, thankyou for caring about my welfare "but watch your step"

I do watch my step, do due diligence and rarely trade. It has worked fine for me. My thoughts or observations with lgen are as follows- divi double covered, continued to pay divi in covid, well run company, divi at10% mark and sustainable.

My average is 216. slightly underwater atm but not if divi is taken into account. (Which has been terrific)

The point is this, irrespective of what SP does I will continue to get approx. 10% of my capital invested. SP drops to £1 and as long as divi is maintained 10% is still my profit.

Fleccy if Im not mistaken seems to have a similar attitude with his holdings. If they are down keep mopping up divi.

So No need to worry about me or I think Fleccy SOM. Take very good care.

Hi Fleccy, Like me I think you like divi paying shares. Check out LGEN as sp low atm and 10% yield. BT, VOD, LLOY all pay a reasonable divi. GL.

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