Member Info for karv1

There is always a chance for someone to take over M&G which could raise the sp by 30%+. even if you say the odd was like 1% that still a possibility to keep in the back of your mind.
I would be happy with an ever-growing dividend year after year.

It would be great if it happens but the market reaction of just over 3% rise does not indicate this, I have not looked at other dividends rates lately but we must still be in the top few paying dividends even at 8.4%, at 30p we would be something like 14% return, the top paying is IMB at 9.99% we would be 40% high than the leading dividends returns in the whole FTSE you would expect a 15%+ share rise as a minimum if this was the case. We can dream tho

Looks like I have found a long-term home for me at my buy-in price the returns are about 9.6% no complaints from me.
I did think about selling early but decided to go from trading to staying for tax reasons and long-term for the dividends.
me, it has been a win-win.
12.23p then if it goes well maybe a 6.0p later in the year.
a 12p and 12p and the 6p would be too much to pay out from stand-alone profits.

Looks great to me 12.23p dividends. fum grown at 367 billion .
outflows 6.6b v 5,1 b inflows .
solvency 182%

A good ending to the day.
Good luck everyone for tomorrow.

With my limited knowlelge of MNG learning by the day, I am fairly confident from what I have seen from other companies reporting that the FUM will go up due to the market movements.
Inflows and outflows will be unknown factors.
The dividend I think will be safe I am more confident of this than I was with AV, HSBC, and others.
Some possible RISK v REWARD
REWARD A three-year target of £2.2 billion capital generation is doing well, FUM grows, inflows grow, If the dividend is maintained or grows it will be in the top section of FTSE stocks for paying dividends in 2021, with a 9%+ dividend causing a 5% rise and as markets get used to this fact The confidence will grow to cause a 10% to 20% rise in the share price.

RISK Everything goes horribly wrong with FUM, OUTFLOWS, DIVIDEND and the stock goes down.
I was lucky with my timing on market movements with my investment in MNG on Feb 26th currently running at over 7% up which gives me a kind of safety net, I do wonder if my rose-tinted glasses are working overtime sometimes, why are others are not seeing what I/we see. What risk do others see that we do not? FORTUNE FAVOURS THE BOLD

Hi Jatw and others
Your knowledge is in a different league to mine, after reading many pages and understand bits.
You may know this from memory, is the total solvency fund at 137 billion? of the from the total fum of 352b.
Do you think the 2.2 billion is realistic in capital generation by 2023?
Did I read somewhere that the M&G solvency targeted minimum level allowed was 134% is this correct?
Thanks for any info.

AVIVA solvency fund up 8% in 6 months though the Singapore asset sale might have boosted this some, but this should still be a good sign of NMG solvency fund and AUM.
This should give some protection for the dividend to be protected.
let us just hope that inflow beat outflows then it a win-win.

last messages ignore it chatbox joined together two lists of chats and numbers

M&G 2019 final Assets under management Man group 2019 final results FUM 117.7 billion,
and administration 2019 £352 billion. 2020 interim FUM down 8% 108billion
M&G 2020 interim 339 billion 3rd quarter FUM 113 billion
M&G 2020 final ??? billion Final 2020 FUM 123 billion
I know that EMG and M&G are not the same but some aspects are which give me hope about the future results.
All so how that the market generally did better at the end of 2020.

Could M&G follow Man group on good news record year for funds under management?
Man group in a record year for funds under management maybe some of this positive movement could have rubbed off on M&G.
Man group 2019 final results FUM 117.7 billion,
2020 interim FUM down 8% 108billion
3rd quarter FUM 113 billion
Final 2020 FUM 123 billion

A very good day today. let us hope tomorrow brings more people on board as we head towards the results.

I think most existing shareholder would have already banked the 14p in their mindset, programmed IT systems will want AV to beat analyst expectation,
Individual investors will be looking for news on what's happening with the new future money coming AV way. aka Buybacks/ special/ debt reduction/ takeovers/
Seems a lot of companies fall after their results lately due to unrealistic expectations.
The Markets rallied in the last part of 2020 so the solvency fund should be looking good.
My view is if the solvency has done well and or there is money news, other than the 14p AV will go up.
If the solvency fund not moved much and there is no news about the new money then it is likely to be a down day, due to expectations.

Since June 30th markets have gone up between 5% and 20% so their funds should be looking a lot healthier as long as the withdraws have been kept under control and new money has been coming in, I suspect that is why they cut their fees.

Even though I do not take much from analyst personal views or the number these companies come up with when they talk about price on buy hold sell.
On the positive side, I hope they have a rough idea of what they are doing and have chats with management and would not have put the same dividend in forecasts if the board had any thoughts of dividends cuts, They do seem to show a fairly positive view with dividends expecting to stay roughly the same and growing a bit over 5 years.
https://www.mandgplc.com/investors/equity-analysts-coverage
https://www.mandgplc.com/~/media/Files/M/MandG-Plc/documents/investors/MGplc-consensus-Feb-2021-c.pdf

A 10% yearly return would be amazing, I have said this on other stocks but it never pans out a 10% return would stop me from trading I would just leave it here forever. I guess we find out in time.

I am new to M&G I have invested in M&G today, chasing my phantom high dividends, does anyone think there much chance of it being slashed? every time I pick a high yield dividend stock lately it gets slashed even when the numbers are good for one reason or another.

Brilltrader what you have said makes common sense and is logical but everything you read that you can find out online shows a different picture.
how much you believe from online material is down to every one own individual choice.
0. The golden tickets named the worst contracts that have ever been created designed for a time where everything was done with a post and not instantly online.
1. 1 of the still existing contract holders that decided not to settle and wants to keep his old contract Max-Herve George had 70k investment given to him at 7 years old now 32 years old.
2 . Around 2007 it was worth 93 million.
3. At some point an investment bank lent George 20 million to invest before the 93m or after I am unsure I suspect it was before.
4. from what I have read there is no limits to profits on these contract.
5. Average making 67% per year.
6. AV France lost every case in France trying to get out of if this contract.
7. George says he does not want money now just his contract honored.
4/8. No max liabilities on these contracts, which would make sense as they were sold to rich people.
In my view, it was ring-fence ie AV France could be dropped now tho the whole av group is on the line for it.
AV seems to dismiss it as nothing so do many on these chats. I have seen nothing on these chats or online to make these contracts look like harmless ringfenced, all I read is that these contracts are a total company-destroying disaster waiting to happen. AV CFO said when questioned about the GT dismissed it has covered. George's lawyer wants AV France to show the liabilities on the results for Gt contracts but AV has refused.AV also has never said what the max liabilities for these contracts are why? I suspect because they are limitless.
All so these nothing contracts caused AV to keep liabilities above from what AV France holds, as this new company did not see it as a harmless contract they saw risk.
I would be happy to view any information online that differs from what i seen put a link on here. thats my last about GT for now I give everyone break.

Right down 93 million on a bit of paper and let say it 2007 as many papers claimed he had in 2015 and add 67% to the fund every year, see how much you get to by 2021, then add another 5 years 10 years 15 years.
On the last set of results, an analyst asked about the golden ticket and the CFO waved it away saying nothing it is covered 3 months later a new company does not want to touch it with a barge pole and AV has to keep the future liabilities.
My point is there is no limit to the payout from what I have seen it will just keep growing . Find a penny double it double it again double it again soon you have 1 billion 2 billion 4 billion 8 billion 16 billion pennies.

I hit enter by mistake before finishing my first message I meant to say no company ///not no one there possible short term gain but that golden tick year by year will just keep growing, the main guy was meant to be on 93 million in 2007, so he must be near 1 billion by now, AV France has lost every court case in France trying to get out of the contract. The guy who i forgot his name claimed that his fund has gone up on average 67% per year in the independent in 2015.