Member Info for johnygreenfeet

Legal & General key facts

Stock market value: £13.3bn

Most recent full-year dividend (p): 19.37

Dividend yield: 9.2pc

Income: £14bn

Pre-tax profits (loss): £1.9bn

Net debt/(net cash): (£9bn)

Return on capital: 17.1pc

Cash conversion: 75pc

PE ratio: 10.9 x

Well, that is most frustrating. Our investment thesis on Legal & General is playing out nicely, if last week’s first-half results are anything to go by, but the share price is showing no interest at all.

We shall simply have to sit tight and console ourselves with the knowledge that we are farming a 9pc dividend yield, a figure that even beats inflation and one that is backed by a robust balance sheet.

The interims show that the life insurance, pensions and investment giant is seeing the anticipated benefit from higher interest rates, namely the chance to grow its institutional pensions business (LGRI), as firms look to offload their pension risk through what is known as a bulk annuity agreement.

Just playing to your narrative ,one day you might realise a lot of this stuff is all made up

Its down to luck if you have bad luck don't bother i have max holding my mother has has half she wins twice of what I do and has done for the last seven years

How do we compare with last year

September 2023 Labour leader Keir Starmer will keep the Bibby Stockholm used to house migrants

Will buy back @290

Have a look on YouTube poor delivery guys being attacked and parcels being stolen you may change your mind

Also pot holes and making Keir Starmer indecisive and burning down the crocked pub, yer

Wasn't just banks it was lloyds bad pony

My House Insurance has just doubled anyone else had same ,maybe landlords are to blame they certainly caused Brexit and the war

A windfall tax will certainly mean lower interest rates for savers longterm dividend will look a lot better unless it get canceled not a vote winner in my book let see what happens to Italys banks if they start to go t I t s up only time will tell , flip side fill your boots with cheep shares rock and roll

I would say its already priced in just got to get it over and done with

I want chips to win pleeeeeeeeeeeeeeease

Nothing to with the fact the daily telegraph owes lloyds a lot of money then

I think most posters on this board have had that jab by you’re explanation

I’m sure this is achievable this year but the sp is being played as with the rest a few global changes and let’s see ,look at RR a year ago ,and it’s a burning platform

Exactly, unless you have a giant media company behind you you’re nothing nigel has certainly shone a light on what’s been happening now for some time but has the reasons been to expose banks or make loads of cash

When you eventually get through to the ombudsman they will tell you that they do not have any power over the business but encourage banks and insurance company’s to offer £100 as a compensation, as I found out , head and brick wall it’s all a farce’s

The account was closed about four years ago we had to trade in cash and using personnel accounts HMRC were informed (as we had to pay vat through a private account unheard of)and were more forthcoming than HSBC and seemed to be fully aware of what they were up to we went through the whole procedure with NatWest only to find they would not let us open an account six months or so past being unable to take card payments was very difficult.one of the directors lives in France when he resigned his position Lloyds had an account open for me in one working day as to why how I don’t know all I could think is that it had something to do with leaving the EU NatWest gave me £100 but no answer HSBC just gave me a headache no answer Lloyds we’re on another level with help but to this day we don’t know