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If you're referring to odd price action on Friday? It seemed to be some sort of error on some platforms. I checked the prices on Halifax Share Dealing and they were in the normal range.
Taken from Reuters news: Legal & General sees scope for dividend hikes - CFO Tue Sep 14, 2010 11:42am BST LONDON (Reuters) - Life insurer Legal & General (LGEN.L) has significant scope to raise its dividend, helped by buoyant cash flows, its chief financial officer Nigel Wilson said on Tuesday. "We see substantial headroom for dividend increases going forward," Wilson told a conference organised by Keefe, Bruyette & Woods in London. "We have excess dividend cover at the moment," he added. Wilson said that a 20 percent increase in Legal & General's interim dividend, unveiled in August following a cut the previous year, could have been bigger. "With hindsight, we think that we should have raised it a bit more," he told the conference. Wilson also said Legal & General was open to acquisitions, prioritising fund management and savings businesses. "We're not averse to doing M&A transactions. If there are opportunities, we will look at them," he said. "There are areas where we'd like to grow. We'd like to make LGIM (the asset management arm) bigger, and we're subscale in the savings business." (Reporting by Myles Neligan, Editing by Rosalba O'Brien)
Goldman downgraded Lgen from buy to hold.
Are we slowly heading back in the right direction.
Got stopped out of here a while back but keep my eye on it. Has anyone any views on the future here what with mercury lighting being replaced with newer technologies?
Nice to see this one pick its self up off the floor. Wish I'd had the courage to top up yesterday.
RNS looks good.
Anyone got any comments on the price at the moment? I'm reluctant to jump ship because of the takeover whispers but I am breaking my own rules sitting this one out.
Noticed some steady buying on Friday many of the trades showen on here as sells appeared to be buys on level 2.
looking very good today. I'd say the downward trend has seems to have reversed, onwards and upwards.
Are you happy?........
Nice one ...could you do that again :-)
Fair point, hopefully we will find out on the 5th. I've been watching this share for ages now and got in today as a long term hold so a dividend would be a nice. I hope I've made a good choice?
http://www.thisismoney.co.uk/markets/article.html?in_article_id=492705&in_page_id=3
sorry Riddler I gave you an extra 'R'
I got in at 15p a month or two ago. It looked such a good company profitable, supported by legislation, forward thinking etc then it just slid down. Hope this is a turning point.
Any idea whats triggered this movement?
Agreed. I'm in this for the long term.
I think thats on the back of the cut in dividend news.
there goes a bit of tumbleweed ..................................