Disappointing14 Nov 2024 09:06
Me too, very disappointed with LGEN performance, especially since the Portuguese banker took over.
Stupid share buyback what does this bring to shareholders? Nothing.
When you decide to buyback, then do it properly. At least 500 million £ a year.
They are running out if ideas.
Buy a competitor.
Start a new business etc and stop these stupid buybacks.
Lowering the dividend increase from 5% to 2% has also hurt the share price.
Then the deal they made with Cala homes.
Pay attention that they don't asset strip, sell land and other assets and let the company go under.
2% increase in dividend doesn't keep up with inflation.
CEO salary and bonus should be linked to share price development. Basic salary and rest in line with performance.
I live in Asia and you can see the mess the UK is in.
FTSE performance rubbish .
£ rubbish
Labour party, a disaster.
You save for your pension through investment in a second property or private pension , how dare you. They tax you to death.
Never ant money available but suddenly 10s of million free to send to Ukraine and the rest of the world.
Now, labour PM wants to play the big man on COOS 29, saving the world. Ridiculous.
Then labour talking against Trump.
Can't they just shut up? Trump will eat Starmer for breakfast.
As I get older, i decided a few years ago to go for a good reliable dividend payer like LGEN.
Many times i thought to get out of this sad stock but i remember when i sold CNA 2 years ago and a few months later, stock doubled.
Now being patient and collecting the dividend .
Thanks God, life in Asia is much more affordable.
I could kick myself day and night.
My best friend is fully invested in the following share for the last 3 years.
TSLA
Bitcoin
Microstrategy
Palantir
Have a look how those have exploded.
Can just hope that the board keeps an eye on CEO's performance.
No improvement, kick him out.
Amen