Member Info for bluebullit

Interesting reading

Ytd 2023 784

Ytd 2024 791

Https://www.theguardian.com/business/article/2024/aug/28/city-watchdog-raises-concerns-over-life-insurance-market

Https://www.proactiveinvestors.co.uk/companies/news/1054983/direct-line-upgraded-to-buy-as-restructuring-benefits-underappreciated-says-citi-1054983.html

9% of a lot is alot

9% of not alot in not alot ...Haha

Saw this the other day 😯

https://www.bbc.co.uk/news/articles/clddqwwyqq5o

Think I read JP Morgan are advising on LGEN investment arm as part of Antonio new strategy !!

Reduction in sp probably...haha

Crossley

A little confused by what you’re saying

Are you saying that they should return more money to shareholders so shareholders can spend it on other stuff like cars, trips away or other things?

That wouldn’t help the sp ..unless people buy more shares with the proceeds

Could they give shareholders some free shares or discounted shares…

I imagine there are probably some people who would say use the money in the business and grow the business creating more revenue..

Obviously there going to be people underwater here like myself and obviously the share price is low but that’s not a bad thing with the buybacks maybe its intentional to give an underwhelming presentation so the share price remains low so the buybacks cost less..

200m shares @ 2.12p = 94m shares

200m shares @ 2.50p= 80m shares

Dividend aren’t 100% secure but I do hope LGEN is more secure than PSN who reduced theirs and DLG who cut theirs ..

I’m happy with boring & certainty & consistency but also this is quite a tradeable share as it has it’s ups and downs…

Oh yeh, it was right, 8th is the half year results

I read there is an Earnings update for PSN on the 8th is this accurate or do we know of other related builders earnings or trading updates coming out soon?

Cheers

Is Lgen still in share buy back mode ....

If so, low price is good...

I've been considering a few myself..

What funds did you choose?

I was in the ig smart portfolio, that didn't end well, not with ig anymore, switched over to HL and freetrade.

Atb

bb

Https://www.proactiveinvestors.co.uk/companies/news/1048208/direct-line-to-pay-out-40-of-market-cap-predicts-ubs-1048208.html

Https://www.astonmartinresidences.com/

Thanks for your thoughts...

Yes I am playing it a bit safe atm, 30% in the stock market and 70% in the bank, don't want to be too heavily invested in the market as I have plans for the money beit car purchase or pay off some of the mortgage or start a food van business ..

I bought Dlg because I had been with them for a few years as a car ins policy holder when they were competitive and the dividend was quite good so thought the dividend can pay for some of my insurance policy but things have changed since, as you know Dlg have made a few wrong decisions and I am no longer an insurance policy holder with them and it would be nice to sell my share holding also and put the money elsewhere, Lgen or maybe a fund, somewhere relatively safe and luctrative haha

Would be interesting to know how much retail investor money is in the market...

Bank interest rates are not too bad at the moment, 4.75% in my case, atleast ones capital is at less risk in the bank, in these slightly uncertain times, but rates are looking like might decrease soon hence my wondering what peoples thought were on the subject...

Is it wise to reinvest in the stock market now because when rates fall money might flow back into shares from savings accounts, so shares might seem cheap now compared to 6/9months time ...

I pulled some of my money out of the stockmarket and put it in the bank last year, still hold some DLG which I bought a few years ago, so sitting on a little loss still, decided to buy when I was a car insurance policy holder, now with Aviva..

So I was thinking if interest rates decrease, money might flow into stocks again and with a bit of luck some might find its way into DLG, so I can sell the remainder of my holding..

Keeping my LGEN though, almost as good as MNG for dividend payments..

I wonder what peoples thoughts are regards interests rates this year?

If they reduce rates will money Flow from banks into stocks like DLG ??

Regards

Https://www.proactiveinvestors.co.uk/LON:DLG/Direct-Line-Insurance-Group-PLC/rns/1439909

Just read the 2nd paragraph though...

Maybe they could add a mobile phone on wheels along with the landline and mouse...