Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Zac
Thanks a lot.
My query on your logic is that global trackers tend to hold the US IT FAANG stocks - Microsoft, Apple etc as they are based on capitalisation like our FTSE 100. On the history over the last few years the surge in those stocks has inevitably driven trackers up, but that does leave the potential downside as there is a concentration of risk despite the idea that trackers spread risk. Adding the different trackers you hold I imagine the FAANG stocks feature heavily in most or all and overlap a fair bit. That might be fine if thats the idea though I am trying to avoid too much overlap.
Zac
Interesting strategy to reduce div payers given interest rates are likely to fall and therefore make these more attractive, all other things being equal. Mind explaining your logic?
Desmond
'undervalued provided Azule completes as expected'
Nail on the head there, Desmond. Uncertainty doesn't help.
Excellent news on an otherwise grim market day. Like Rax I took a position post what I thought were positive results and prospects. In the medium term this looked a good prospect and is a piece of good business by Regent. There might be an alternative bidder. The fact it’s a cash deal makes it attractive though.
Robleo
That's a fair enough strategy. It also spreads the risk. I'm not reinvesting my div into Lgen this time, rather than sell, and it does have the effect of providing cash for investment elsewhere.
It is disappointing. Possibly related to interest rates being held for a while. As riskingit says, one to sit tight if you can.
Londoner7 you have good insight. Thanks a lot for your comments.
As local authorities can't afford to build affordable housing there is a reliance on the private sector to provide a proportion of new build. Vistry is building on behalf of housing associations, grant -aided by Homes England, who then rent out or use the shared ownership model which can qualify as affordable. It's an interesting model whch seems to be working.
NSC
That's helpful. If he's that good we are on a winner and I will have to re-think my current strategy of not re-investing the dividend!
Can I join the official Lgen Old Codgers Club please? :)
I've a bit less than half of Paul's number of shares but my average is 203p. It is a concern that the dividend represents just under 20% of my total portfolio dividends. That's partly why I wont be reinvesting my divs this year.
I've also swapped a few IT's for individual stocks the last few months, most of which are dividend payers. I'm staying away from the riskier end and beginning to think of IHT more. Thanks to Tavenham for the AIM tip. I'll investigate.
Is it too small for a listing?
I like the idea of getting rid to help tidy up what is effectively a conglomerate and getting back to what it's good at, namely insurance.
Hi all
To me the risk is a reshaping of capital allocations and resetting of dividend levels lower than they are at present. That could impact the share price. I am well into retirement and this is my third largest holding, and second largest dividend and is in an ISA. I will be derisking by not re-investing the Lgen dividend this time at least.