Member Info for Phyl

Unfortunately, it looks like the situation with this trust will only get worse. They have an over reliance on R&D which is the first to be cut back on any worsening economy. It's therefore likely to remain in the doldrums for a considerable amount of time. Sigh!

I think investing in any particular stock or share is about one's strategy & expectation. My strategy for my LGEN holding is to use the income derived from dividends to boost my pension. I do understand however, that dividends can be cut or dispensed with at any time so not 100% guaranteed but LGEN have a good, historical record in so far as increasing their dividend payments. I therefore, definitely see LGEN as an income play and not a growth or duel play. This is my expectation. Naturally, I wouldn't complan if it also provided capital growth. As I see it, LGEN is providing a 17.82p dividend equating (for me) a tad over 7% and I'm currently seeing a 3.5% capital gain. A total of just over 10% which is equivalent to the current rate of inflation. I'm reasonably happy with this. For the record, I'm not currently taking income but rather re-investing the dividends in more shares to take advantage of the compounding effect. I'm sure there are those reading this with a similar strategy but I accept there will be just as many with a different strategy but one thing I believe is for sure and that's the vast majority of holders here will agree on that this is an income play stock.

Cheers for the clarification zebbo, very much appreciated!

Hi Property1, the dates to which you refer are the ones I had in my financial diary hence my earlier post. However, LSE are stating the final ex dividend date is today. Confusing.

Bald_eagle, you're spot on when you say LGEN is an income play. The board know it, the markets know it and we PI's know it. Difficult for the incoming CEO to change that I would have thought and even given the chance why would he? Even so, as an LTR I'd like to hear confirmation of their continued Yr on Yr increasing divi policy. This way, it wouldn't matter too much if the SP only grows moderately so. For me LGEN plays an important role within a fairly diversified portfolio. I'm continuing to build my holding no matter the price of the SP at the time of investment (don't mind at all averaging up) as I'm hoping to use the dividend payments (within a S&S ISA) to boost my pension in a few years time.

Cheers for your response Trouts... I could have sworn it was tomorrow but that's the date one must have their shares Registered in order to qualify for the divi payment. SP holding up quite well thus so far today?

Is anyone else suprised the SP is in negative territory so far today?

JPMorgan raises Barclays price target to 230 (220) pence - 'overweight'

£1.80 would be a good start!

Thanks for responding... this board is hard work! More than can what be said about the fund managers we pay exorbitant fees to fail. As you say, pitiful dividend to add salt to injury. I know the market's are down but this just keeps heading south no matter what the market conditions. I don't know where these fund managers actually are? You might be lucky enough to watch one of their podcasts (filmed in the Maldives) informing us hust how good they are before returning to their sun loungers! Hahaha. You can only laugh at one of the biggest jokes on the stock market. Ever the optimist, I live in hope!

Barclays have also cut Phoenix, M&G and Aviva... bit of a trend appearing there!

Or even £2.60! :)

https://invezz.com/news/2023/02/10/rolls-royce-share-price-betting-on-a-remarkable-turnaround/

So much for the Telegraph. As a reminder, back on the 11th November, 2022, WWH was a share recommendation and back then, trading at £33.60ish. It's basically dropped £2 a share following their recommendation. I wouldn't be guided by the Telegraph going forward, that's for sure. As I write, further share price declines and this, despite their share buy-backs! Sick.

I might be able to answer my own question: a lot of investors pulling out... and who xan blame them!

WWH 2nd largest holding, Astrazenca up more than 3.5% and yet, WWH SP continues to fall as I write. (0.78%) Why???

Hi ftseexplorer, I can certainly say thay it's certainly been a challenge talking to myself! Ha ha. Really appreciate you responding. Thumbs up. Like you, I cannot fathom WWH poor performance and just when you think it cannot get any worse, it does. V poor and today brings no respite. AZN have just posted a profit and yet, this share continues to move downward. I initially bought it a few years ago as a more defensive stock but it's proved to be anything but! My own fault I know. I'm in too deep to pull out now as my losses would are too excessive so I have no choice but to hope for a recovery.

SP up all day but the dropped like a stone toward the vlosr to finish in the red?

Hi Lurka, last (interim) payment was last September. Final divi is due to be paid around the end of May I think. Someone will correct me if I'm wrong.

Is going on with this share price?

What's happening?