Member Info for Dinoken

I bought these because they look great value with decent divi and positive growth prospects. Did not know about shareholder card (shares in nominee account) until reading earlier posts. Barclays stockbrokers got me one in no time, and b****y hell, it works ! Just calculated out that savings using card will actually be greater than dividend receipts. Time to go down the pub...

10% rise today, courtesy of Donald's infrastructure pledge - wish I had topped up after the profit warning ...

Ex divi and 3 year low all on one day. Below 3500 - must be time to top up ...

Interested to see that Cala Group (housebuilder) has been approached by Chinese buyer. Cala is part owned by LGEN. If takeover was to proceed, anyone any idea what this might mean for LGEN sp, or is this just too small a deal to have any impact ?

Share price perked up on Friday. Seems that Cala Group has been approached by a Chinese buyer. Guess that having bought up loads of houses they have decided to buy the company. Anyone any views on whether Bovis might be a target ? Bovis looks excellent value to me, especially if you are paying in dollars ...

Good results, good prospects, increase in divi funded by earnings. surprised sp fell. Not seen a Costa drive thru yet - sounds like a good idea. Chinese expansion could be transformational or expensive mistake.

Interesting that you mentioned that July results disappointed the city. The results were not that bad yet the sp tanked by 20% before recovering over subsequent months. The latest RNS had a smidgeon of bad news and resulted in 35% drop. Looks like this a share to sell before any result announcement. Brokers are not helping here either. Numis now recommending 720 and Peel Hunt down to 975. Nice gain so far today though, and prospects look good with all those restructuring costs out of the way.

25% drop in share price following results to 4 year low. There was a profit warning, EPS is down slightly, but divi is still well covered and outlook is good. Think this is overdone.

Government has rescinded proposed legislation where pension annuities could be cashed in. LGEN was one of the few companies who had agreed to buy back annuities sold by itself and other institutions. Surprised share price is not reacting to this news, which I would have thought was positive.

Conviction sell ! Must be time to top up ...

Should be 10% off food/beverage at any Whitbread restaurant. Went to Beefeater on Sunday and was surprised to get 25% off food (nothing off wine) which worked out better than the advertised 10% ! Nice SP rise today apparently due to selling hotel in Edinburgh. Hope it keeps going, tourism is certainly on the up, yanks everywhere and they have lots of dollars ...

Good results from both have given Mands quite a boost (+3.2%) !

Can only find Helen Weir buying 20.5K since June. New clothing range looks seriously overpriced in comparison to Debs, etc. Divi reduction a possibility to pay for restructuring. Does not look rosy to me.

Agree with your assessment. Infrastructure projects galore, and SFR a beneficiary. Add to that, the end of the cheesegrater comedy and potential for divi increases, SFR looks a steal. Re: infrastructure potential, KLR also looks in right place at right time.

After weeks of no movement, SP decides to move down after RNS states that results due on 26/9. Anyone any idea why ? With pound down against euro, would have expected the currency tailwinds to be very positive and reflected in results.

Article in today's Evening Standard was very positive. Relieved to hear that the Cheesegrater repairs are complete. As a Chelsea supporter, have mixed feelings about SFR helping build them a new stadium :-) "The UK’s biggest steelwork firm, involved in most of the major landmarks on the London skyline, from the Shard to the Olympic Stadium, said orders are holding up despite the Brexit shock. Severfield, whose recent contract wins include the steelwork on Tottenham Hotspur’s new stadium, said its UK order book stood at a “very strong” level in the period following the EU referendum result. The work is “across a wide range of market sectors and project sizes”. “Our pipeline of potential future orders has also remained stable with a good balance of work across all key market sectors,” it added. The firm has not been without its problems, only recently completing the high-profile repair of giant bolts on the City’s Cheesegrater tower, a disastrous contract for Severfield agreed by previous management. But boss Ian Lawson told shareholders today that “the UK business is well placed to continue to meet expectations”.

Ignore previous post. Just picked up on Morgan Stanley downgrade. Looks like its got further to sink.

Anyone any idea why the drop ?

Reasoning below - but could IMO be good reason to buy. Bovis Homes should hold the course on its current strategy but management will have to be patient given investors' caution and shareholders should avoid the stock, The Times's Tempus said. Unlike some of its rivals, the homebuilder, which is focused on the southeast, is intent on continuing to grow. Indeed, it reckons it was one of only a few builders which more than doubled production throughout the past financial downturn, having bought land in 2009 at depressed prices. That strategy means it has lower margins than its peers and pushes less excess cash their way, hence the lower dividend yield on offer. Management at Bovis does seem to have grown a tad more cautious however. A handful of agreements to buy land have been renegotiated in the aftermath of the referendum vote. Bovis may also miss its target for site openings this year. It has also raised the expected rate of return on land acquired before Brexit with a view to cushioning any adverse impact from a downturn in the market. As well, for the first time in many years land purchases are running ahead of completions. "All this seems sensible because, given the traditionally quiet summer market, it is too soon to forecast the future direction of the market. I suspect, though, that those higher-yielding stocks will outperform," the tipster explained.

I'm with Barclays and they happily arranged for me to get a shareholder card. It actually works. In my case, the perks (discount at restaurants, stay at Premier Inn and £5 at Costa) all apply to things I was doing in any case to extent that the financial benefit is significant (more than what received in dividends).