Member Info for Cardinal3

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.

If you are already loaded with shares why would you buy more?

Hi Pearls

You may be right that the positive posts outnumber the negatives at the time you posted but that forgers some positive posters have posted multiple times.

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.

LTI

Thank you for letting me know. But why? Does it help us undertand where Aviva is going?

1msn

'We we all know now how undervalued this is now'

Do we? I think you mean you, not 'we'.

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.

Hi AbjectPerformer.

I've decided to re-invest my dividends this year. The management appear to be delivering and the share price looks solid. Famous last words!

Signs of life here. Looking positive and good company.

MrMath

Good point as effectively it is a better return than cash. Flatline share price with significant return through dividends.

Looks like UT

Hi Donkey

You are probably right. There is a lot to play for. Had this discussion with wife last night. She has better insight than I do via her mates and can see the Tory right blue rinses peeling off leaving not a lot left in disillusioned local parties. The question is whether the Tories themselves push further to the right. Stopping the boats is meaningless in Middle England unlike the NHS and economy which do matter.

Not everyone here is a socialist or Reform. I'm long on Lloyds as I believe it will do well even under the next govt. For the sake of GB plc we need a strong banking system. I think even Labour appreciate that.

Looks well managed, focussed and busy. Impressive all round results and increase in dividend.

Use of excess capital could include acquisitions. I get the impression, right or wrong, that there’s been an element of complacency and it needs a catalyst to push on. A bid for, or by, the company might be what’s needed.