Member Info for karv1

On dividends, so if eps is 36c so say 72c if you double it for a year, turned this into pence is 54p payout 40% to 55% equals 21.6p to 29.7p which equals something like 5.4% to 7.5 % dividend if I added up correctly.
Versus old rate of 51c =36.6p =9%
I like HSBC and you look at the pass share price of over 8 pounds a share you would think there a huge possible chance of doubling your money but you have to take into account in 2007 8 pounds a share there were 11 billion shares now I believe it over 20 billion share , I am sitting on the fence with HSBC at moment.

With public sector debt to £2.2tn at the end of June.
The question should be, with UK plc doing fairly badly with record borrowing, with many commentators claiming the UK did really well in June we only borrowed 22 billion, and with corporation tax rising to 25% this will only make a small dent into the borrowing.

Only a matter of time before the BOE has to do another round of printing money, yet the pound is holding fairly stable over the last 5 years v the dollar.
How and why is the pound improving v the dollar?

Unsure how this will affect HB'S. I suspect there will be a cost.
The giant house builders will be fine I am guessing, the smaller ones may find this hard, you could even argue that up to 15-years of claims and lawsuits could drive smaller HB'S out of the market, and cause fewer houses to be built. or allow larger HB'S to take over more of the market.

The BOE will just print another 300 billion and this will not impact inflation by much, It's all about the faith and belief and trust global investors have in the UK plc, BOE will end owning most of the UK debt in time, it all a con really but as long as those global investors/pension funds, trust the UK plc then rates will not go up by much.
If/when they do go up it will be keeping up with the other trusted currencies with similar interest rates.
Slow and steady the global ship will sail and most will not stray far due to unknown risks.

I think that new high might have to be put on hold for a while, A good time to add if you have the spare cash tho.
I think within a week or 2 we should get news on the 4th vaccine hopefully this will give the stocks another push-up.

The way IMB keeps going up MNG will be the best-paying dividend in the FTSE, with a fairly safe payout.
The markets are up 10%+ so far this year and this can only be seen as good news everything you can put money into seems to be doing well.
All MNG has to do is add funds to the total excluding existing investment growth and this will truly fly.

I got mine I have not reinvested yet. I think I see how the day goes.

GL on your sell.
But most stocks are up 5% to 10% so far this year.
yields are all up.
No movement in rates.
Existing funds should be doing ok. this should help the next lot of figures depending on how the virus and future markets.
Let us hope more new money comes in than withdraws.
I remember when EMG/MAN GROUP AHL flag fund was losing % points near every week many years ago with group total funds of 35 billion, I think they at over 100 billion now in total.
Money will always make money.

I have a good feeling about the direction we are heading we seem to be handling these down days fairly well as more people come on board,
In time confidence will grow, I can see us going down less than others on the down days and rising more than others on the up days.

Thanks Jatw and BlahBlahDoh I class myself as an expert-novice I generally understand all results from most companies but insurances/ investments asset companies results when you get past the first few pages of the basics frontline results then trying to understand the more in-depth stuff when dealing with different solvency funds percentages v own funds v debt v profits from multiple other sections. This is where holes in my understanding come from, when trying to understand stuff like where is the self-generating money coming from and going to, always a learning curve with these companies but it sounds all good to me and from what I have read on here and results as well.

Does anyone know on The 2.2 billion self-generating target is to be used to pay the dividends or have they given any ideas on other uses?
I might have misunderstood it when reading this but this was not clear to me.

On a side note,
FTSE 100 is up 4% so far this year
ftse 250 up 5%
FTSE 350 up 4%
DOW up 8%
s&p500 up 5%
Nasdaq up 4%
dax 30 up 5%
Nikkei 225 up 7%
This should all be good news for investment companies, even tho we are still in the early days of this year it paints a somewhat bright picture for some of the funds within a company like MNG.

People just cashing in on the huge rise over the last few weeks, I'm guessing many traders just cash in before ex-dividend while others will ride the dividend and the following share price fall hoping for a quick recovery as we head to the next dividend.
I think cash in the bank is always good but then you have to ask your self what is going to be my next investment, many stocks have gone up a lot we might even see some type of plateau in the months to come, my hope is the higher paying dividends stock will do better in this situation. fingers crossed that M&G has an amazing year.

From my understanding, the size of an investment company matters a lot in the investment game on cost.
I had to look them up without going into deep.
ASHM p/e 15.3 cap 3 billion pre-tax profits h1 150m million.
QLT p/e 18.5 cap 2.8 billion, profits 88 million.
Combined would be cap near 6 billion profits of around 388m before tax, it would have to be an amazing fit for M&g to sacrifice the profit percentage position OF M&G to merge with either of these.
Also, we are either really cheap or they are really expensive or just have amazing reputations for p/e 15/ to 18.
In the short, to medium term, I think these would be my choices. though the way the markets move nowadays what could be a good idea today could turn into a nightmare tomorrow.
1) I think my choice would be either an amazing takeover offer
2) stay as we are.
3) takeover someone else.
4) merger

LGEN p/e 12.97 dividends 6.07%
AV p/e 7.24 dividend 5.4% has been cut by 1/3 with possible buybacks or specials and debt reduction in time.
M&G p/e 4.94 dividends 8.1%
ALL 3 have said they aim for small increases in their standard dividend rates per year. all 3 have their advantages in 1 way or another. for me my pick is currently is M&G due to the high standard dividend rate.

On a pure fantasy topic would Schroders be the type of company and size that would try to takeover M&G.
Combined their assets would be around 900 billion, Schroders has 3.5 billion in cash and 2.5 billion in financial assets, they could easily do a part cash part share takeover or even borrow to do a pure cash takeover.
Maybe M&G will become more aggressive in the takeover markets in the future if things go well and try for someone like Man group or a more middle-ranked played to add around 100+ billion to the FUM.

JPMORGAN RAISES M&G PRICE TARGET TO 255 (231) PENCE - 'OVERWEIGHT I guess it all helps point the stock in the right direction.

This can only be seen as really good news in every way you look at it and it shows a vote of confidence from another investment company.

Probably a combination of a tipping point where people were cashing out their profits and the Algorithmic trading systems that do around 70% to 80% of all trades.

It has been a good run I am up around 20%, thoughts of selling have resurfaced but then you have to ask yourself what are you going to do with it next. The options out there that beat MNG are extremely slim pickings the tobacco company with a lot of debt is about it, and I do not fancy them, so the end result IS leaving it in MNG. Take the dividend and be happy to ride the dividend cycle 8%+ is still fairly amazing.