RE: Great business25 Apr 2024 11:23
The posters here seem to mainly fall into 3 camps:
1. those who buy the shares, reinvest the dividends and forget
2. those who trade the shares, particularly around the ex-dividend dates
3. those who think we're insane to own either Lgen or any other UK share for that matter because the US /small caps /, is the way to go.
Each to their own, and if someone does it different to you then learn from it, but don't decry it in derogatory attacks (yes, you, the 3.'s, I'm particularly talking about you, as you add zero to the debate!)
Lgen is a great share and has been tremendously reliable.
Like many, I also hold Phnx, Av. Mng and, more recently, Csn.
Against these, I am underweight in Lgen, mainly due to caution as to how the relatively new CEO will bed in - i.e. whether he will significantly change strategy, kitchen sinks anything, overpay for other companies, etc.