Member Info for nuri123a

I've £10k dividend coming shortly and I'm buying RMG - I'm taking a contrarian view on these - far far too low... They have assets of over £4.00 a share so even on NAV, they are £1.50 undervalued. Do shorting companies even look at those fundamentals.

NAV is the fundamental metric - how much assets per share and Legal and General on that measure should have a share price of £1.40 ish. NAV takes account of debt and is therefore a better metric than leverage ratios. Which one would I choose - goes without saying that all other things equal (EPS share growth/dividend), I'm going to pick the one that closer matches its NAV. Wouldnt touch legal and general

Well. I had a look through both sets of accounts. Legal and general has a NAV of £1.43 with a share price of £2.70 - its almost twice what it should be and realistically should be nearer £1.50. Aviva has a NAV of £4.23 so is priced at less than its assets. If Aviva's share price was consistent with other peers its share price would be nearer £8. Don't understand why anyone would sell Aviva to buy Legal and general.

I'll try Redceo. Can't promise anything. The points raised by Princeofdarkness are sound and rationale points and echo my reasons for investment. It's all too easy to lose sight of that as shorters artificially exploit PI weakness.

Wise words - I agree with your sentiment and your logic. Thank you. I only ever want to part with shares on my terms rather than someone else's. I don't need the money I've invested right now, so happy to wait. Thanks Princeofdarkness!

What's Level 2 showing? I'm not far off the sell position - need to protect my capital. But actually, and seeing as its mainly shorters driving the action... I may actually hold on. As we are now in the 4 x P/E range, it would seem silly to let me shares for nothing.

Sensible people hopefully will prevail.

Ashton - who knows. Both tanked today - the difference between the falls largely irrelevant. All I know is that the Irish Government have made a fortune on AIB - hundreds of millions and now going on billions. I wouldn't sell any more of their shares if I were them.

That old chesnut. Companies should be judged on their merits and their trading and profitability. I think AIB made more money than Bank of Ireland and is paying a better dividend. It also has a higher NIM. They haven't sold off more because they haven't offered any more shares for sale. Why would they? They are getting 400,000,000 million in dividends. I wouldn't sell any more either.

Bank of Ireland is better bank. I would severely dispute that. AIB is far more profitable, better dividend, more capital in reserves and nowhere as exposed to the UK. There is a love affair with BOI, when in reality AIB is the better investment.

Omerta - maybe you can write a cook book for investors. Seeing as the biggest mistake made by the UK is leaving the EU. Seems like there's more turkeys voting for Christmas early than ever before. That's more or less the reason why I would sum up the share price drop today. And the same goes for many stocks out there.

Happy with Aviva - my only big question about today's drop was that it made over £3 billion in profit and is paying 9% more dividend. Indeed its dividend cover is nearly x 2. At 7% return and being so low, I was surprised to note see it increase. But people will be climbing over themselves to buy this in the next few days - nothing like a bargain basement sale to get bargain hunters energised. I am 100% confident in Aviva. As for RMG - at this price, its seriously undervalued - but what do I know and what influence have I got - NONE. So, anyone with a few quid, you won't pick up bargains like these in the next 6 months.

I'll probably be here a lot longer than you Arse. The harder the fall, the cheaper they get, the more attractive the return. With a dividend of 28p per share and a return of 11% from here on in, it would seem like the risks for new investors are virtually fallen to 0. No brainer for those who have the money.

Patsy - very unlikely we'll see a cut. They've stated on several occasions they intend to grow the dividend. The low debt of the company is supportive of maintaining the dividend.

Don't understand the share price action - less than 5 P/E ratio now - compared to 16 P/E average. This should be much much much higher. Seems we have a rack of more shorters trying to push it to £2.00 or below which would be bizarre given that its making £530 million profit and is valued at less than 5 times that. That would mean on current trends Royal Mail would be able to buy itself in less than 5 years at current prices.

Well it seems to every media outlet has picked up on the 0.1% content of the annual reports. Talk about a whole swathe of biased reporting. I'm scratching my head to think why it is even down 1p. It makes no sense AT all

Which shares would they be? I've a PhD - I think I'm pretty with it. The results gave exceeded expectations; the dividend is more than I expected or needed to stay invested. A new CEO in place. A lot of strange investors have bailed out....

It's almost gone down the entire amount of the final dividend. How stupid is this market? Is there something wrong with me - or is it others? Sometimes I wonder - they hand things on a gold platter - and people flee. Bizarre beyond belief.

Cheap at £6.00. A 30 pence dividend and 7% yield is exceptionally good in the current environment. I was highly surprised this didn't go up 20p today alone. People are mentally not with it if they are passing up this investment opportunity on the basis of a one line statement about Brexit.

Oh Yeah RMG is a keeper.