The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Mr Cautious don’t concern yourself with Danny boy, he is sitting on a hefty loss here with his stupid decisions to buy this crock of sh t when it was a lot higher & his feeble brain thinks that by insulting others who are simply making salient points it will make him feel better. He is the worst kind of keyboard warrior or telephone tough guy. An odious individual if ever there was one.
Android perhaps you have it wrong.
Vodafone’s income is declining month by month which may well mean they can’t afford to pay the next dividend. There is simply no wriggle room here as the companies debt is enormous. Without the pennies coming in the first thing to be cut will be the dividend. A 50% cut will still mean a yield of over 4% but just imagine what a cut will do to the SP.
Mr Math & others I agree that this is trading low & when interest rates are reduced the market will undoubtedly act favourably. Likewise if the war ends; but if the war escalades which is a distinct possibility (god forbid) then this price will seem to be very high.
RT - It was a better "steal" six months ago when it was £3.66 & if the banking debacle keeps going, which I think it almost certainly will, £3.66 will surely be tested. With the new ISA tax year soon to start this could all be excellent timing, keep your powder dry fellow investors is my humble opinion.
Andy the post from SZ certainly adds nothing & just goes to show how some people have too high an opinion of their own low intelligence & even lower intellect, otherwise why post the comment. I blame the UK education system.
Being recently retired & not wanting too much drama with my hardearned I have been taking out 4%+ 1 year savings bonds whilst the economic turmoil hopefully sorts itself out.
On the recent dips here I thought a £20K LGEN ISA buy paying 8%+ dividends was too good an opportunity. My intention is now to hold & take dividends to supplement pensions. I think that this is a decent but not foolproof plan for someone in my situation. The point of this post is simply to suggest that it’s not always about capital growth. Good luck all.
I would never, ever advise anyone to buy individual shares, it has to be funds for the inexperienced investor.
For a first time investor with 60K & if they had made their mind up to buy individual companies it would be 12 different companies at £5K each, spread over various sectors.
Probably not to everyones taste but I have been doing this for some decades now & the three wealthiest people I know rarely, if ever buy individual companies.
Geo, at 94p you are doing a whole lot better than most on here that are seriously under water & I wish you good fortune. Your figures as quoted are dependent of course on the dividend not being cut & I hope that it isn’t, but it is in danger. There are a lot of people here that have watched VOD decline year on year so prepare for grumpiness & don’t take it personally. Never get too attached to a share as a lot here have become.
For new holders here thinking of selling I respectfully suggest that you are owners of an excellent company with a very good BOD’s. Your dividends here are as safe as any can be & are growing. The company refused to be dictated to by government during pandemic & despite massive pressure continued to pay out. I rarely buy individual shares but for what it’s worth am very happy to hold here. Unless your own circumstances dictate I would not sell Legal & General at this time.
Spot on Strictly, treat this as a utility share paying 8% dividend, any capital growth would require good luck or divine intervention. VOD which I used to own is another utility share but the dividend here is much more secure IMO.
Bubbles when equities, bonds & property prices are in turmoil so are insurance companies. They have millions if not billions invested in the aforementioned. LGEN are more exposed than most here but its always the case.
I am unsure about Lagarde but I do know that BlackRock’s chief executive Larry Fink knows a thing or two, as one would expect for someone who runs the worlds biggest fund business. Worryingly Larry has added fuel to the fire by telling his investors in a letter that they now face a ‘slow rolling crisis with more bank seizures and shutdowns coming’.
No-one said this investing lark would be easy, good luck all.
Fast forward to the year 2040 & if the lord wishes we will all still be here.
What won’t have changed will be Mikey posting about his ski slope, only with global warming there won’t be much of that about. Other holders will be saying, I’ve a feeling this is the year for VOD & they will be wrong … AGAIN
Phyl, sorry to read you are holding at a loss here but it will improve I am sure.
The company has a good BOD & it can do nothing about negative market sentiment. A decent dividend soon & then again in late summer will assist.