Member Info for Eckie8

Cpt H - Sorry to disagree. The share price is a key measure of the health and value of a company, together with dividend increases. We don't live forever and therefore must sell at some point. Some of us sooner rather than later. CEO's and directors performance is directly linked to share price. Look what happened to Stphn Brd at ABRDN! As per my previous posts the L&G's share price has underperformed badly against the FTSE over the last 5 years. The stats speak for themselves.

This basketcase is now great for selling on most mornings and buying back before close. So predictable!!

Ha ha. Axing jobs and Barclays target price hasn't done anything for the share price. Once again underperforming the FTSE. Another poor start to the week!! Same as it ever was.

Yes Aviva up well today. Unfortunately every time LGEN announces its results or strategy, the share price tanks!!

How do shareholders benefit from the buyback?

Eccles04. I do admire your optimism. But this share is not cyclical stock. It has been in steady decline for over 5 years whilst the FTSE has been riding high. Yes in 6 months or so the dividend will be paid before tax and of course the share price will again drop accordingly. However the share price usually tanks before that when the March full year results are out.

Same as it ever was!

I can set off previous losses from L&G and I also have my £3,000 allowance before paying CGT.

Am now making some money on L&G to offset significant capital losses. Selling if FTSE is up at opening and buying back before the close.

Yes, not forgetting that, along with the lower tax threshold on dividends, the share price usually drops by more than the dividend for this dog on ex-dividend days. Wish I hadn't sold my RR and MKS shares!!

OK. However the sign of a healthy business is share price growth, at least to track the FTSE, and dividends.

Don't forget that dividends are currently taxed at least 8.5%. Probably 10%+ after the budget. Much much more for higher income holders. I'm afraid that over the period the Board have squandered large sums of cash on foolish non core ventures.

Cpt.Hornblower

Let me explain:-

Bad = 5 year stats - FTSE up 950 points (up 12%); L&G down 45p (down 16%).

Worse = 6 month stats since Simones took over - FTSE up 91 points; L&G down 16p (down 6%)

You need to remove the blinkers and realise that CEO performance is measured largely by the Company share price performance over time. I'm prepared to give Simones more time but hope he doesn't have the same track record as Stephen Bird!!

OMG from bad to worse!! And this dog is falling fast even before the budget statement. Is it because they are giving away £200m to some US property company? I thought Simones was supposed to concentrate on the core business?!

Well that little rally didn't last long!! Back to underperform again. Still a good day trading stock to try and recover my capital losses, which I can offset on my capital gains.

Don't forget that HMRC will peobably take at least 10% after the budget statement.

Another disappointing end to the week. Long term FTSE up 14% in the last 5 years. Aviva up 20%, L&G down 14.5% in the same period!! I know the dividends are good but these won't be sustainable if the capital value of the company continues to fall.

Something has to change.

Sorry but all this technical information is way above my head. The basic fact is that L&G's performance since the new CEO took over is sadly a disaster, while other insurers move ahead strongly with the FTSE.

The Chair needs to get a grip and start making some changes at board level and give some confidence back to the market!!

Maverick7

The share price should usually drop at ex dividend date not on payment date. However L&G often does both.

Oops, forgot it was red Monday. More underperformance against the FTSE !! Also, awful waste of shareholders money on those modular homes. https://www.constructionenquirer.com/2024/09/30/lg-modular-homes-amassed-lost-hits-359m/

For me this basketcase is now a day trading stock. I buy most late afternoons and sell at market opening, making a small profit net of costs. Sold earlier at 3.2p and expect it to fall back later as usu

Looks like the news has gone down like a lead balloon!! I was hoping for a better start to the week. I don't like Mondays with this dog share.