Member Info for MrMath

"If this can't grow (and it clearly cant) people will sell"

Don't worry, it will grow the moment you sell.

I haven't cut my price target.

My average is 570, from a very badly timed purchase years ago. Looking like that's going to be passed very soon.

robleo, hope your shares pick up soon. It's always frustrating when a few of them have been underwater for a long time.

zac0_4, I dipped my feet in the water with funds last year but so far my individual share picks have been doing so much better. I'm only about 1% up on the funds since last July. I'm not tempted to put any more in as I view my individual picks as collectively a fund but without the charges.

"not to put too big a percentage of your portfolio into any one share or fund"

Generally agree with that sentiment, but it carries a slight problem in that most of your profit tends to come from relatively few shares, in my case AZN, DGE and RIO. But LGEN and AAL still doing okay. These top five earners make up well over 50 percent of my portfolio even though I tend to hold between 15 and 20 different shares. LGEN has the potential to take the top slot this year, and that's why it's currently at 12 percent of my portfolio.

Agree with you Pokerchips, company is in a good position with a good team. Nigel's retirement was no surprise due to his age. He was a very good runner too, for his age category, although he's not done much in the last few years. Hope he's ok.

Would have thought this news should be share price neutral. His stepping down is not a surprise and a new CEO, chosen carefully, should be good for the company.

When I first saw the drop I thought they had gone ex-dividend, but no - that's 2 March. Then of course I realised it was the RNS announcing good results. Some people are obviously taking 'sell on news' to extremes.

https://www.thisismoney.co.uk/money/markets/article-11678569/BUSINESS-LIVE-Diageo-toasts-bumper-sales-Fevertree-ups-sales-target.html

Good time to buy. The SP has backed off a bit in the last two weeks but the long term trajectory is still solidly upwards, as always with AZN.

"this will be trading around 255 come December"

No, it's been too low for too long and will have to rerate at some time. I just took a look into the future and it turns out that it will be 394.50p at close on Friday 29th December 2023.

LGEN would still be well undervalued at 300p, a price that it has already surpassed a few times in the last five years.

A few years back I bought some at 570 so I'm waiting for the 600s!

https://www.thisismoney.co.uk/money/saving/article-11640179/Isa-allowance-Hunt-urged-introduce-100-000-cap-Budget.html

This idea dates back to at least 2013. Can't see it gaining a much traction, but never say never.

"come on lgen your doing ok but could do a lot better lo"

Yes, I would give it a "B-" for effort.

"Hi - I'm with Barclays and as at 16:20 today no dividend in account."

Barclays were often up to 2 days late with their dividend payments. It was one of the many reasons why I left them.

Enough said.

"FTSE is so ridiculously high. It’s only about 100 points off the all time ever high which I can’t get my head around given the cost of living crisis and high inflation rates"

Don't agree with that at all. The FTSE is still ridiculously low and has hardly gone up much in over 20 years. Also, high inflation will drive it up since if it didn't then all the listed companies would eventually become worthless (just like savings that don't keep pace), which they clearly are not.

Just a buying opportunity. Can't see LGEN reducing their dividends.