Member Info for Tambo210

JPMorgan cuts Tullow Oil price target to 56 (83) pence - 'overweight'

Barclays cuts Tullow Oil price target to 62 (63) pence - 'overweight'

"Desperately need more skilled workers.....Halfords cant even find 1000 automotive technicians...having to set up their own apprentice program ......BT cant find enough AI tech engineers"

Glad to hear you're seeing the inflation picture for what it is. As you said, we need to free up labour.....

Not sure if there's a credible plan to get the early retirees to come back in to the jobs market. There's many roles for managers and team leads which can't be filled by the right skillset, forcing employers to look out side.

The people who really profit from the current situation are the recruitment agencies.

Good to see small but steady stream of buybacks.
Confidence and prudent at these prices.

I find that by weighting your portfolio, you can have both.
So if you have 50% of your portfolio in say LGEN which some say (including myself) is boring yet reliable, then it mellows out the volatility of the exciting stocks like say TSLA and biotechs.

I've found out (the hard way ) not to put all your eggs in one basket.

"i am waiting to see 230p again , maybe, you never know"

Not far off now.

"and its nice to have a bit of tax free income to either spend or spread around. I'll probably die with rich kids inheriting!"

I used to be in the accumulation camp and I saw some stellar growth pre-2008 and then lost it spectacularly and just about got the principal back.
I've changed to having a mix of accumulation and some income funds/stocks, just so I can choose what to do with the distribution. Spend it on a nice meal or the kids rather than hoping it'll all add up through some opaque re-investment approach and then lose it in some 'Woodford' moment of madness.

What is the positive outcome for TLW?
Buyout?
Can it wade its way back to safety ?

Could be the customers don't like their product and accuracy over competitors.
Or supply chain issues
Marketing and sales need to get their skates on and promote the products harder. As well, greater presence at some of the financial conferences should be sought. Not attending/being invited to JPM healthcare conference isn't great.

@Tophat.
I chose the wrong label. MNG is a fund provider of its own funds. Those funds have charges and they collect fees.
Over the last 6 months, there's been some serious outflows into cash, especially UK themed funds.

We'll find out when results are announced.

"I'm not sure LGEN is ever going to set the investment world on fire. Do we really want a management team of risk takers. There is something to be said for steady & boring. "

What about growth? Is LGEN not interest in growth of its business and innovation (I know....how can you innovate in the pensions, wealth management and insurance?)
They should be laser-focussed on the operations side where they constantly look to be efficient and that will be reflected in increase in cash flow and divi increases.

But growing the business should be refletected in SP growth

US banks have announced their earnings today.
Investment banking income saw a decline.

Why would MNG be different?

Credit Suisse raises Ferrexpo price target to 160 (140) pence - 'neutral'

" I think the LGEN divi should be ok as it's a very diverse business ". We'll find out 8th March 2023.

HSBC starts Oxford Nanopore Technologies with 'buy' - price target 320 pence

I don't think they'll reduce. Pretty diverse business.
If they do, then we'll be caught with our pants down and wish we hadn't been so ****sure of ourselves based on that trading update months ago.

I'm pondering whether to wait for DLG to issue it's end of 2022 results in March and see another nudge down on repeated news.
AV. hasn't fallen enough for me to buy.
Never had the guts to buy MNG. Their funds have suffered over the last 10 years and as a result have seen outflows. Whilst the dividend is tasty, can't help but feel a 10% yield is ripe for a chop. If their 2022 fee collection is down, they'll get hammered. I've been watching the US banks over the last couple of quarters on this aspect and they've seen a downtrend in asset management fees and guiding lower in the coming quarter. 2022 was an off year for asset managers.
Competition in the fund market is getting fierce and charges are dropping to retain investors. They've stated last August their Strong Solvency II ratio and perhaps that'll remain inline and underpin the dividend. Jus the 250m share repurchase by the end of last year did nothing to the SP. Does mean they payout slightly less dividend from cash flows.
The one metric they'll be marked against is the 2.5bn cash generation by 2024.
In any case, you don't buy MNG for the growth. Its just for the yield.

So c'mon! Who's tempted to buy some DLG with spare Christmas cash lying around?

Hoping LGEN doesn't tell a similar story due the debacle of Liz Truss. They've put out a statement reassuring the markets last year, but results will tell.

Direct Line Insurance will not declare a final dividend for 2022, as the insurer's fourth quarter was marred by an increase in claims due to cold December weather. The motor insurer warned: "These claims, combined with further increases in motor inflation, have had a significant impact on our underwriting result for 2022. We have also seen reductions in the valuations of the commercial property holdings in our investment portfolio in line with movements in the broader property market." It expects claims from the "freeze event" to be roughly GBP90 million in its Home & Commercial arm. Direct Line added: "This, together with the freeze event from January 2022 and subsidence related claims over the summer means that we currently expect total weather claims to be in the region of GBP140 million for 2022, well above our 2022 expectation of GBP73 million." Elsewhere, claims inflation remains a "feature" in its Motor arm. With the absence of a final payout, Direct Line's total dividend for the year will amount to 7.6 pence, down from 22.7p in 2021.

"Russians are running away from joining the fighting because nobody in their right mind would want to go and get killed for anyone or any country or any government."
But isn't that what ordinary Ukrainians have been doing? They've been invaded and ordinary citizens are bolstering the conventional and reservist army as they were vastly outnumbered at the start. There's a difference between being a citizen of a country which is obviously being invaded and shelled, AND, being a citizen of a country where you're president tells you native speakers in a neighbouring land are being harmed/killed.

NATO is about to park missiles on the border. Agreed. But why? Its Putin's and Medvedev's rhetoric and action regarding special military ops (aka invasion and land grab) along with how the grabbed Crimea and looking to make further advances to establish a land corridor to Transnistra. They already control Belarus. Whilst 'de-Nazifying' southern Ukraine (which will be their next justification), they'll also want to de-Nazify Moldova. You don't have to be a rocket scientist to see he's trying to re-establish the former USSR (which Putin has always admitted to being bitter about).

Is NATO really going to invade Russia by parking missiles on the border with Russia in various countries? Pro-vocative yes, but they'd be hugely unpopular with the Western world if they pulled the trigger first. Putin on the other hand doesn't care what his own people think. If they dare to speak, PRISON TIME!.

POWER and JohnNth.
SO you agree there was a genuine need to invade Ukraine and de-Nazify it, particularly the regions where Russian speakers live?

What is this de-Nazification if you wouldn't mind clarifying? When you listen to Putin's supporters of the 'Special military operation', they refer to LGBTQ+.