The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The MUPPET that is Jax yet again posts an opinion that the SP here will fall by 2% but it rises by 2.62% & he also submits on here a vile misogonistic post aimed at the female MD.
Just have a read of this, it was posted at 16.35 on 18 January & it shows this particular individual to be the morally inept, prejudiced, abhorrent person that he really is.
Nervous, I respectfully suggest that the next inflation figures will in fact show an increase. How much will depend on many factors including the Red Sea grief currently playing out. I only post this as an assist to the amateur share traders amongst us, me included.
Inflation on the whole though is going in the right direction so I'm a strong hold here.
Well I never thought I’d see it but my AJB buy order of 8,000 shares & 62p set some time ago is getting ever closer. Now if it happens & they get back to £1 that’s next Christmas’s Barbados trip sorted. (And back in the room)
Usual garbage from Porsche I see & Rob needs some re-assurance, well here is my fourpenneth as to the current state here.
Over the last five years Vodafone shares have bled value. They’ve dived by over a fifth in a year and have collapsed by more than half over five years.
What is important now is what might be coming round the corner, either tomorrow or five years from now.
Is VOD a recovery play or a busted flush?
The big question here & now Rob is whether this company is in permanent decline. If it is, then perhaps you should cut your losses by selling? Or do you hold on, hoping that the telecoms group’s recovery works out?
Vodafone shares do look very cheap. But so too does the rest of the European telecoms sector.
Figures … Based on the current share price of 68p, Vodafone stock trades on a forward multiple of 7.1 times earnings, delivering an earnings yield of 14.1%. This covers the huge dividend yield of 11.4% a year BUT ONLY by 1.2 times so a dividend cut is a distinct probability driven by future earnings amongst other factors.
So do you hold your Vodafone shares, believing that MDV can turn the company around all the while earning over 11% a year in dividend income? That’s your decision.
But what if Vodafone continues to be a value trap, destroying wealth for shareholders? And what about the €33.4bn of net debt weighing down its balance sheet? Will this eventually force the dividend to be cut?
My gut instinct if I was holding at a heavy loss would be to hang onto Vodafone stock for now, hoping for the share price to recover but any more bad news & I’d fold.
So I hear that this failing government may well give some ISA incentives very soon (in order to try to win votes) that will involve investing only in UK companies. An increased amount able to be invested above the 20K limit perhaps. Should this come about I would think that the LGEN & it's share price would be near the top of companies to benefit.
Well Mr P that other buyer was myself first thing this morning so thank you for leaving a "bit for others".
Todays buy included brings my PSN average to £11.21 with a nice 5.4% profit as I type on today's buy.
So like yourself I shall soon be deciding whether to take profits.
Mr P, I respectfully suggest that there may be more than a 10% rise from here as two big subjects dominate. Interest rates look like they will be reducing this year & with an election looming all parties will want to appeal to first time buyers in particular. The blue lot have already hinted that they have something in the pipeline. Coupled together I see a lot more than 10% across the board.
Surrey - “ UK equities are undoubtedly cheap and the dozen or so companies that will be bid for in 2024 crazily cheap”.
As I am an investor with a dubious record of stock picking I would be interested what are considered to be those companies. A happy, healthy & prosperous new year to all.
Daniel - I’m wondering if you realise that you come over super aggressively quite regularly, a little bullying in fact which is not too desirable. Please tell us what Rob has posted that upset you & led you telling him to calm down.
Mr Gove the cabinet member responsible (but probably only until an election) has stated the Tory's intention to offer first time buyers incentives to get 'on the housing ladder'. Also, either in the March budget or the next manifesto, the intention to bring in some additional form of 'help to buy' to try & help voters in who to vote for.
Blatant electioneering I suggest buy this cannot do the housebuilding sector any harm, particularly PSN that caters for first timers. Onwards & upwards fellow holders.
Thanks Armani nice to have good news going into a new year. £80 million is not to be sneezed at & perhaps another reason why a takeover might be in the offing. £5 per share anyone?
Mikey & others, Jax will soon be changing his name to either Kermit or Miss Piggy (depending on the muppets gender) because he / she is a simple muppet. Anyone that feels the need to continually post the same rubbish here, sometimes at dawn, can only be described as a muppet. I bet the idiot sets an alarm???
Thanks for all your replies fellow posters & after careful consideration I'm not going to go down the annuity route, it just doesn't sit well with me & my pensions which are index linked provide very well.
As an exercise I did an online comparison with just putting in 250K, single life, non-smoker, healthy, 65 year old male & Aviva came out on top by quite a large margin. LGEN were languishing in third place quite a distance behind.
Happy New Year to all, GB
I just don't get the point of annuities. Firstly, they are taxable income so you lose 20% or 40% & they / your money dies with you.
If the money was spent solely on good income paying stocks, spread out buying the safer ones which are unlikely to go bust, bringing in regular safe dividends, preferably in an ISA, then surely this would be better long term & especially in a low interest rate environment. I know people will say that if the company goes bust then you lose your money, that's why you spread it out, but as sure as eggs are eggs when you expire then so does your investment. Seasons Greetings to all.
Robleo, I agree why sell here, LGEN pay a great dividend which will be increased a minimum of 5% per year for the foreseeable future. Its potential for company growth is outstanding, just look at the latest news from the USA. I for my sins only gave £12K invested here but that brings me in very nearly £1,100 in divi’s every 12 months. If there is a better place to put some money dear posters please enlighten me. Seasons greetings to all.