LuckyLaurie, ok i won't say never, I've been waiting here a long time as well, I like the sound of that £1.25 though, i will hold onto that thought
The last week or so on the stock market has been pretty awful, the American markets have been beating everything down with a big stick, a bit better today though hopefully the upward trend will continue and you get that 71.28p by Friday
gla
Market-Dealer, stick to the plan, only add if below your current average and hopefully we will be rewarded after all those crazy country's have finished killing each other, the reality is nobody knows if the share price will go up or down
TinkerT, not sure if the ones that sold for around £5 needed the cash, they probably didn't want to lose their capital gain
with hindsight if i sold my aviva/mng and Lloyds shares before exdiv it would have been more rewarding than taking the dividends, when you think about it your not going to get anymore income from those shares until the next exdiv, maybe selling up and holding the profits in cash until they all drop back would be more profitable, unlike my funds that keep growing dividend shares just go up and down
Some of you may think my way of looking at this is a bit strange and unjust, but i look to see how high the sp will go before exdiv each April, ideally i would like it to be the same as the previous year plus an increase inline with inflation, for instance if the sp was 8% lower than the previous year, then you have not gained anything from an 8% dividend, this does seem to be struggling lately whether that's just down to inflation and high interest rates i'm not sure, Aviva on the other hand has had a very good year just falling short of £5 before exdiv, still think this is a good share to hold for income, but if it rises a bit more before exdiv will probably sell some off and put the proceeds into mng
Snakeeyes1875, next week this could go down further or it could go up, trust me nobody knows, if it was that simple we could all get very rich very soon
but i do agree with you though that i think this is a good share to hold and that it will go back up eventually, inflation and interest rates are holding everything back at the moment
just my opinion of course
best of luck all
NICK1234
It's almost like people have different risk tolerances and investment timescales. It's his money, he can invest it entirely how he wants.
Yes of course we are all different, this is not a one size fits all
for anyone wanting to sell they will want to share price to rise now, for myself i am quite happy to see this drop until i have reinvested the dividends, and should it drop back to under £4 will add more
quite happy to be holding this one in my sipp along with lgen and mng, some other shares i hold i will be glad to get rid of
just my personal opinion of course
gla
Davef24, maybe you should try trading it, buy low and sell high, oh hang on, it only goes low it doesn't go high, forget that idea, just wait until may results, and if that doesn't work, sorry but we are all f*cked
LTI I was about to answer you, but kev beat me to it, hopefully we will stop losing more capital than we get in dividends, but currently we are struggling to get past 70p, with dividends being cut next year, we need the sp to rise to make up the difference
Dan, a few weeks ago i was telling you things were doing very well, that was until we were told interest rates are less likely to drop for a while, ever since most of the share prices have been dropping every day, and i can't see them rising again until we get news that interest rates will drop, also it's less appealing to invest in shares when you can get risk free interest
Dan, i'm getting 4.5% in my nationwide isa, so why would anyone be interested in risking investing in a share that's not returning a lot more, I agree with mole we need interest rates to drop before we will see any progress on shares