Member Info for SD235

Surprise surprise it's in my account. To late to buy anything

Gives me chance to look through for a bargain

"Still waiting"

Your lucky my legal and general are in freetrade. ISA. Another 2/3 days before I see them.

All my private equity are in profit the rest vary considerably.

3is present dividend if bought today is 2.78%. this year's increase is 14%. The previous 5 year average increase was 11.9%. Hence doubles every 6 years. This is the sort information I am looking for.

Discounts are still big in the private equity sector BUT for the majority of trusts a discount is normal. 20% discount on pantheon international is normal. Presently trading on 40% discount.

On the other hand 3i normally trades on a 20% plus premium. Started buying on 25 discount now 10.5% premium.

My shareholdings are generally considered adventourus.

Close to 50% private equity investment trusts. That includes growth capital.

Main holdings are 3i up 29% since end of June 22.

Although that is 16 purchases so constantly averaging up. First being £11.07p. £19.57 Friday close.

The other main private equity is HGT. Have them in 3 accounts. Varying from 17% gain to 8%. Started buying in July.

4 more PEs all in profit. But not big time.

"Well I don't know what a Scrip is, so could someone enlighten me please?"

Wow you don't know everything after all.

I don't believe LGEN have scrip issues. So it's irrelevant. If you have shares in certificated form then this is an option https://group.legalandgeneral.com/en/investors/retail-shareholder-centre/dividend

"Also, how and when is (was) it decided what we pay per share when reinvesting?"

If reinvesting Dividends via brocker, the brocker reinvest dividends over a two week period each month (Hargreaves Lansdowne). Not actually related to when the dividend is paid. IE it could be quite a long time before it's reinvested.

I have no idea if they average out the cost of each share and therefore for each shareholder. Hargreaves Lansdowne do not charge for reinvesting dividends anymore.

Again LGEN do not have a scrip issue option.

"Often SCRIP is the only dividend option from the company"

There is no logic in that statement.

The aim of scrip is instead of dividends with no cost of purchase.

If Everyone has scrip all you are doing is increasing the number share exactly in proportion to the number that already exist. Nobody gains as the share price falls proportionally

I asked Hargreaves Lansdowne about scrip issue from Sequoia infrastructure and they don't do it. It wouldn't be a problem if you held the shares certificates. Can't recall how much extra Hargreaves Lansdowne charge for share certificates.

Note all in this sector are down?

No idea why.

ScandiExpat ha ha

Go on gives us your "expert" opinion on LGEN and the link with international politics.

THE only obvious buyer is VPC

An obvious buyer for VSL is VPC.

B shares are issued and then bought back a weekish later. To create a capital return. The later statement is based on my shareholdings in LBOW.

The shares owned by VSL are mainly in unlisted fintechs.

Fintech has taken a battering. As it will take sometime for everything to be sold there is a good chance that fintech will recover. On the other hand they are unlisted so not sure who they will sell them to.

If they own shares in these unlisted companies then they should be receiving a share of the profits. Can't say I would give a fair price unless I was in competition with someone else?

Of you go stoodio, I doubt you even own LGEN.

So LGEN up 1% today that's an excellent result.

LGEN has a 1.5 beta over 5 years and it clearly isn't playing to that tune today.

Should have been down around 1.75%. Hopefully that's not a one off.

I am thinking a rights issue to cover that short term debt I keep reading about?

That would keep the share price in check.

Mr. Krügel?

One of LC South African mates?

CFO at KIBO then CEO at MAST?

LC doesn't want anything going on at MAST without his mate passing on insider information.

All a bit dodgy.

Pity the basic concept looks good. Excellent even.

I keep reading the price is down because KIBO/LC is selling.

Surely that Information would be visible via RNS reporting?

"want nothing more than to be ruled once again by the man the myth."

The mass murderer the rapist the pillaged.

"necessity my friend" I am not your friend, a phrase used by someone from the middle East. You have definitely gone native.

Can you prove Iran was going to attack Iraq or did one of your friends tell you that?

I like the way you choose to ignore Kuwait, haven't you thought up an excuse for that yet??

And what media do you listen to?

Stoodio

A mass murderer is never a necessity for any country OR its neighbours.

I am sure the people of Iran and Kuwait would agree with me on that.

Of course I am assuming that's where it would have ended.

It's odd how short a time it takes for someone to leave their country and "go native"

And then post on forums "I have deep knowledge of this country, because I have lived here for......over a decade"

Wow you must have deep knowledge!

Denziil

Money maker podcast. Mentions how the government is going to MAKE pension funds invest in Infrastructure etc.

https://money-makers.co/2023/05/27/money-makers-podcast-27-may-2023/