Member Info for Denziiil

Drop of $13M net debt in 6 months.

I wouldn't trust cash position as much, buy the ability to cover $26M annually is impressive.

Anyone crunch the numbers here?

Dividend max has the return at 9.7% at 215.7 sp

Lgen maintained the div throughput the covid collpase.

No dividend is 100% guaranteed, but some are bulletproof.

So if ftse drops by 2%, Lgen is going to drop by 15%?

Takes an interesting kind of logic to get there but ok.

Lgen hit 200p in the October when it looked like we were going into a full on banking crash. Was it Sun Valley?, I forget now. With inflation on the way down, that has taken any stress off bank bond holdings.

Not going to see 200p, sorry chap.

Up from here GS.

Still a big believer that when bank rates do finally come down, we will be wishing for the times we could have locked in a 9% dividend.

GLA.

The SP drops 10% and we are down to discussing the rise of the facist states after the 1st World War.

Not really that much to do with Lgen.

Heil Simoes.

Outstanding results today.

I guess it was priced in. Honestly expected 8-9% up today.

Got to love the markets.

Looking much better for LGEN if we take out recent resisitance.

Nice £5M buy in 2 bumps just gone through.

Anyone wondering (again!) why Diversified Energy just did another vertical drop? Here's why:

*DIVERSIFIED ENERGY TARGETED BY SHORT-SELLER SNOWCAP IN REPORT

*SNOWCAP SAYS DIVERSIFIED 'DIVIDEND CUT LOOKS IMMINENT'

Smashed it AV.

50 years Totol. Very, very well done .No price better than happiness.

I agree with you, we are defintely going through a volatile period. I dont think that's held to just investments. Just look at how long a Prime minister lasts now.

It is the internet that has hyper sensitized everything.

Something will break in time.

Forecast for 2024 is 21.4p.

Puts Lgen at 10% dividend for next year at the current sp.

Surely this has to underpin the sp at some point, and I appreciate there has been some chatter of hitting 200p, but that would give a forward yield of nearly 11% which sounds

Insane.

Really pleased for MKS holders, and at least we will end up with one decent company left on the high street.

Interestung dilemma though, the predominant customer base of MKS are retired,mortgage free and with savings.

The BoE through its rate increases are literally taking money out of the 25-35 year olds pockets and passing on to another age group.

Don't get me wrong, retirees deserve a golden sunset, i am concerned with how uneven the inflationary battleground is playing out.

Expected dividend for 2024, makes the div closer to 9.5% at current sp.

Money week has LGEN at 21.4p dividend for 2024.

At today's sp that would offer a dividend of 9.5%.

RSI on the chart needs still a little more before we bottom, and looking at the last few years, 1st to 2nd week in July offers the final collapse before the dividend rally.

Also looking like US markets are primed for a down turn, and as per usual, the US goes up, the ftse does nothing, but of course the US goes down and so does the ftse.

If we get anything around 215p, it will be back up the truck time for me.

Current average 6% underwater if you were to look to sell today.

GL with your positions everyone and thanks to the few who do add content on here.

Also appreciated!

A few articles out there discussing the possible changes to pension fund investment limitations. Completey out of my depth on this one, but would suggest that would also allow LGEN better access to the markets with the funds under management. No real guidance out there, and its quite hard to see where LGEN currently position themselves. Possibly the growth strategy that LGEN needs to move the SP out of the low place we currently sit.

Thoughts apprexiated.

Yes, I read that yesterday. What a game changer for Lgen if that came to fruition.

LGEN has averaged between 230-280p for the past 8 years. Pretty damn safe pair of hands.
Div likely increasing as someone posted earlier to +20p next year.
Growth wise, I hope we are taking full advantage of private companies divesting DBP schemes.