Member Info for Connexion

Well to be honest, holding 200, 000 of these in an isa is a bit weird. You’re getting dividends tax free but the rate of tax on dividends is 8.75%?? Lgen are not exactly streets ahead in capital appreciation like BT for example.

If you invested in stocks that stand to make a larger capital gain then you’d make more money and save more tax through your ISA.

You may have lots more in your ISA I don’t know but just Lgen or another high dividend payer in there wouldn’t be my play. I’d use the ISA to stash shares that make a big capital gain.

I have moved some money from Lgen to TW. On the basis that the divi in TW. Is pretty close to Lgen now, but over the next couple of years capital appreciation in TW. Should be far better than Lgen. Maybe I’m wrong but I have a decent stake in both now to go along with a stake in BT that has done very well. The last few days have been pretty bad but you can’t have rises of 10% without a retrace. When will I learn “if a ftse 100 jumps 10% in a day SELL IT IMMEDIATELY and buy back 1 week later!!

Where do the big boys make their money?… letting the SP rise or by pulling it down, adding and letting it rise a little more? ;-). It’s all a game.. if i were investing on behalf of others i’d play the game but i can’t seem to brave day trading with my own money!! :-(

If you’re looking to buy a share for the dividend then this is clearly the one for the next couple of years. The market has been dropping fir the last few weeks and we’ve been sitting pretty. One bad day isn’t a huge concern, i would have liked a surge to £2.60+ but anyone holding their breath for £3.50 is going to suffocate. Time is the best healer and given time there will be capital appreciation here but down to them cashing in on the US market. Anyone have any idea on what the implications of the US dropping will be on LGen? If things get tighter over there does that mean large corporates will be looking to de-risk pensions in LGen’s favour? I know nothing except LGen seemed to be doing better while the US was dropping??

I have an excellent dividend due here so will be reinvesting, but i feel reinvesting into house builder shares Added to my ISA could be the best payer to be honest.??

What a sham, obviously someone is up to something!! Dire day for no real reason. Should be people piling into this, really don’t get it at all!

I was going to sell a tranche at open to pay HMSO in May but looks like i’ll have to sit tight for a rise. Sod’s law my tax is due 4 days before Ex Div,, i.e. just before is ruses pre Ex Div no doubt :-(

It’s all good,, have a very decent holding and will stick with these for at least the next 3years :-)

Anyone use investing.com and paying for investing pro?

I’m wondering if their AI stock picker is worth using, along with other tools such as stock valuer etc?

£91 a year is tiny but no sense throwing it in the bin! Lol

Dated 7th Feb i think

I’ve got to admit, I thought when that Vodaphone’s merger was approved it would jump 10%+ but it hasn’t.

Given labour’s moves in nationalising the railways do we think they have deep enough pockets or the inclination/need to nationalise BT?

I am heavily invested and if there’s the slightest possibility of that further down the road, I would look to move on. Any thoughts??

Also, where next £1.30 or £2??

Share buybacks are great for increasing the SP and capital returns growth but i wish divis were what was growing as HMRC tax those at a much lower rate!!

I might be wrong but the Div is already great, inflation is coming down and if 2% just holds it steady it’s worth pocketing. I’ve thrown another £50k at this today, maybe it will drop tomorrow but over 5% down is a bit harsh. If it comes back up i’ll take the capital increase, sell off that tranche and out it into BT in before it goes Ex Div.

I’m in as far as i want to be on Lgen. If i get locked in for a while i’ll put some other cash into BT anyway. Assuming labour don’t look like they’ll go and nationalise it??

Bounce for a week or so then Off and away?… why?

What’s going to drive it up?

Might bounce for months just as easily??

Looking on the brighter side, silver lining and all that.

Based on that and the already massively slashed dividend there’ll be bugger all tax to pay anyway! Lol

Yesterday i sold out of Glen to jump ship for the Taylor Wimpey dividend (4.79p). Given their yield and that when interests rates lower house sales will rise, their should be a decent capital increase before long.

Maybe i’ll come back to Glen later in the year for the much longer term. But right now before the split it feels like treading water.

UK plc should get it’s act together. Be nice to

Mine the materials, make the batteries, build the cars and recycle them all within one business. Even Tesla don’t do that because mining to too hard to get into.

Glen could become HUGE if they bought someone who makes EVs!

Imo of course and i am sometimes dumb!

You bought at 39p and are worried about losing 5p from £1.39!??

Interest rates lowering in around 3 months, i’d expect this to recover quickly. Last March it took 2 weeks to make back the divi drop and as much again. I bought more yesterday knowing it will drop but i wanted the divi and moved out of Glen into this only because glen slashed their divi. A pure Short term Gamble, but it’s all a gamble.

I’ll pull out of this and back into Glen longer term later in the year after both TW divis banked and lower interest rates help house sales recover. Haven’t got a clue what i’m doing. I would hold out a while longer TW is a solid company but it all depends if you can afford to gamble.

39p to £1.39 or £1.30 is still good money made. But “greed is good!” Lol

I get it’s part of the dividend thank you.

I was selling out after 8th April after qualifying for £1k

This morning i’ve dropped best part of £5k through this wonderful performance.

I buy for dividends lately, when i buy and sell is determined by them. Justify holding long term for gains if you like but there are stocks like Lgen which make this look pathetic now.

And he’s on the prime minister’s business council!!

It’s not what you know, it’s who you know.

I am looking at this set of results wondering if BDev even have a future! Incredible timing, i had been looking for around 10p as a dividend but 4.4 makes it not worth holding at all. I can make more shoving the cash into a bank account!

Did the board all buy shares in redrow yesterday!

We are buying them and my 6% loss is their 12% gain.

Dumb. Never sold on impulse but tempted here!!

Our figures are rubbish, so we’ll spend money buying what we don’t need and lock our shareholders in to a crap dividend payer!!

What a stupid move at a bad time.

Humble is spelt “HUMBLE”.

I’m not down that much to be honest but when i read others saying they have an average of £1.10 i try not to rub their nose in it. I’m probably down around £6k since buying in but other investments outweigh that so i’m not worried. Rather than post what might make others feel silly i’ll just say that there’s a B side to every record and it makes a man of you to talk about your failures as well as your successes. Those who have bought in higher, this isn’t a short term share, it will come back but it’s good to know when to cut your losses, at least they reduce your tax bill.

I don’t give advice but i’m sure the “oracle of ealing” has some duds in there somewhere too.