Member Info for Thronegames

Divi-Collector, I don't get your post. What's your point?

Nobody cares about 'Fakey' whoever he is so stop telling us. Nobody interested!

Same here. Sold 1/3 of holding at 282.5. Impossible to get it right! But still holding €30k.

The Trotsky; funny as I sold half my holding in LGEN a week ago and invested in MU, SPCX. Also S&P500 tracker(50%) based on Buffet's advice. I still hold €30k LGEN and will increase as we head towards the 2017 big dividend....where else can you get a 7% approx return in a few months?!

Well, Warren Buffet asserts that inexperienced investors should NOT buy individual stocks but instead buy tracker funds in the S&P500 for example. I have started to follow this advice by selling LGEN shares last week and buying S&P500 (15k €) Then yesterday I sold more LGEN (I was overweight as LGEN was about 40% of my portfolio - until last week). But today I contradict myself and bought €7k Micron and €7k SPCX with the proceeds of my LGEN sale. I envisage I will be back buyng LGEN before the next big divi next Apr 2027. I still listen to Buffet, though. LGEN has been very good to me and I sold at 282.5 approx. I might be wrong, but I've been with them for afew years. All the best in your retirement. I still hold some!

Sold another 4500. I've moved recently on Buffet's advice to index fund S&P 500 tracker. This 4500, I'm looking at MU and SPCX. The latter very speculative of course. So my total exposure to LGEN recently is down by 50% at least. I see myself back in early 2027 to buy LGEN again for the big first divi. I think 282.5 is a fair price so I'm taking the profit and investing elsewhere. Sellers, what are your plans forproceeds of LGEN sales?

What will you do with the proceeds, Katie?

Performing stringly

Look, I don't know who Fakey is. Nor do I care about how he trades LGEN and M&G and whether he is telling the truth. Can we please get back to discussing matters relevant to LGEN. This board has deteriorated recently.

Hi, I'm in Ireland and the government here is introducing a new savings account from next year, similar to the British / Swedish schemes.

Can you tell me re the UK ISA, the limit is £20 k a year. If it grows to £30 k, is there any tax due on the 10k gain?. Secondly, can I just leave that ISA there for the next decade and open a new ISA every year?

Thanks in advance

Trekmadone, I am intersted in some of the FTSE 250 high yielders that you mention. Where did you come across these? Are there sites you could recommend where I can research?

If, as Putin claims, the Ukraine war is coming to an end then EVR may be eventually re-listed. I live in hope!

So Denziil,what's your assessment; buy, hold or sell?

For the initated, I am trying to understand the following:

So on the ex-dividend date, the money paid to shareholders has left the company and shareholders see the value of their shares drop by the amount of the dividend. I get that. But why does the SP start increasing again? What I mean is, why does each twice yearly bite of the apple not make it so small so that it doesn't exist at all? So LGEN with let's say a 10% yield, has this reduction in value every year for 10 years. How is it not worth zero now? The same question applies to all other dividend - paying shares.

Yes nicknaim, could be a good call. Problem is, what will you do with the proceeds of sale? Buy LGEN tomorrow? More dealing costs and stamp duty though.

Nicknaim, you can't predict the market. Just when you think there's "more doom around the corner", the market surprises you!

What's your rationale?

"Still sitting on cash waiting for the sell-off."

Very choppy trade today. Unusual. Anyone noticed?

While I usually don't pay too much attention to Motley Fool, they say that UBS is concerned that L&G's earnings do not quite cover dividend and is paying out more than they can afford. Anyone disagree with this? Also tey cite RBC Capital's cutting of SP forecast to 220p due to declining earnings. Opinions / alternative facts, anyone?