Member Info for eccles04

It seems that the market is unable to recognise just how much Rio's income will be boosted by the increased ore prices.

They don't usually mention dividends this close to year end in my experience.

I wrote about a year ago that they would be come back kings because that is often the nature of the insurance business and contrary comments were written about "poor management", etc. However many people do not understand the insurance business and believe that it should perform like a supermarket. Well it never will and it will always be what I call a switchback business because it so often has to deal with natural disasters and the nutty behaviour of the human race which cannot be "managed" like a retailer or manufacturer. So once again everything is going swimingly and the SP is rapidly heading north.

Don't know about 300 but 223 is certainly too cheap. Current yield is just over 9% and not the 8.4% shown here which means this share protects yer money from inflation and then some.

There was no covid "tragedy", why do people believe the rubbish dished up by the media so easily. I do acknowledge that some old folk died but that happens all the time sometimes it's flu and sometimes it's pneumonia as in my dad's case but that is just the nature of things as we all die of something. Do you not realise that covid went to Africa where there was no useless vaccine available to most but African leaders did not get into a panic and the vast majority their populations survived. Covid is still here but the panic caused mainly by so called scientists and dumb politicians who wasted a lot of our money and closed down businesses has ended because folk decided not to bother anymore than they do with flu.

If you have been around for a bit like me (80) you know full well that the stock markets do really stupid things at times for no logical reason. When idiot Boris's covid panic began a while back my son noticed that Lloyds dropped of to around 30p, turned to me and said that does not make sense unless covid is going to kill millions which it probably wont I am going to buy. He was of course quite right,we still have covid, most people survive, Lloyds is still in business and my son made himself a small fortune

Seeing as the yield here is 7.4% and not the 2% shown and likely to soon be higher as a result of the ongoing buy backs, this share is currently well underpriced. I will be adding more as soon as I have cash available.

Yer average actual broker knows diddly squat about where SP's will go in the future because a situation can arise at any moment which will have a significant effect in the minds of dumb investors. Covid was a typical example a three years ago when some people I know ignored the dumb panic and bought some nice packets of shares at knock down prices knowing full well that there were not going to be millions of deaths.

The yield at current price is actually more like 9% and considering their long established divi record I am about to buy another tranche for my ISA as the current SP is just ridiculous.

What most people never understand is that the primary function of an insurance company is to pay for any damage that their policy holders suffer. This means that from time to time they will appear to take a beating if if various natural disasters occur. However, if there is a dearth of such events then they make a packet which they pass on to their investors. This kind of behaviour is described by the ignorant as bad management but of course it is impossible to "manage" the severity or sudden occurence of a forest fire for example as we have all recently seen.

The RNS says quite plainly that interim report will be on Sept 7; don't know where this Aug 2 date came from.

"ISA management fees"??? I have never paid any such fees, not even when I started, maybe you need to find another investment platform?

"Trouble is pensions funds don't put much money into UK equities". Not true, I was a trustee and the accountant for a medium sized fund for many years and over 80% of it was in equities only the portion needed to pay pensions is usually in gilts and bonds.

As soon as the summer break is over the SP will be back up as usual. After all, the pension funds have to put their money somewhere and the dividend record of LGEN can't be ignored.

It's going down because you can now get a better return on the bond market.

At the current price, the yield is 9% which for a stock of this quality is quite ridiculous.

Yield of current SP is actually 8.5% not the figure of less than 8% shown here today. This means LGEN effectively safeguards your money from inflation which is what most of us would hope for in today's financial climate. All the stories one hears along the lines of "made 20% this year" are mostly BS.

The yield on the current SP is actually 6.7% not the 2% shown here and with the last two actual divs having beaten the forecasts by a large margin, I suspect the final div is going to be well worth having this year.

Ahem, incredible, often wrongly used, means that it cannot be believed.

The correct yield from LGEN at this price is 9.2% not the 8.4 shown. For a share of this quality this is almost incredible and why the price is so low is beyound my reckoning.