RE: Dividend V The SP19 Jun 2025 21:41
I’m happily long MNG, having doubled my previous position on 3rd june in mid & higher 230s.
but I would not expect to see anything over 285/288 ish on a one year view, given the trailing yield at that price, and how UK rates seem to be behaving.
275/280 in a year would make me very happy, but this is not a galloper. I doubled up on a 2-3 year view, and might hope 340 ish could be achievable on that timescale, which would keep me very happy when taken together with dividends.
lol, but all manner of other stuff might happen, who knows!