Member Info for Thronegames

I am thinking of putting a substantial portion of my pension into LGEN. 9.5% annual return looks good. It will be tax free within the pension fund.Of course this would fly in the face of classic investment advice which says 'diversify, diversify'. However, diversification has cost me a lot of money in the past. I'm in Ireland where deposits earn 2% p.a. Of course there is the risk to capital - LGEN could simply depreciate. Also the risk that the dividend will decrease. But 9.5% reliable (?) return is tempting. Are any of you here in a similar situation? Opinions welcome! Don't advise me to go to a Financial Advisor as they have given me poor advice over the years!

Apologies, my full question was meant to read as follows: Given the lower than expected inflation figure recently, what is the expectation of 0.5% cut vs. 0.25% by BOE on Nov 7? . How will SP react in either scenario? Asking for opinions. Yesterday I cut my LGEN holding in my portfolio by 50%. Dividends are great but I have to wait till next Apr for the big one.

Well, given latest inflation data for Sept of

Well, the current sp has me in a quandary. I'm well in profit at the moment but while me instinct tells me to sell now at 2100, I'm looking at the two outsized dividends coming in Nov and Feb. next.

Corryvreckan, 2 x 3m shares is still a substantial buy / sell. So the buyer or seller still knows something that I don't. Or else they are billionaires to whom a few million either way doesn't matter. If the latter is true, then they are billionaires for a reason. So I would emulate their trades. Which brings me back to the question as to whether it is possible to determine if an individual trade is a buy or a sell.

Clued, will you really sell in the 280's? I'd be also looking to halve my exposure at 280+. Problem is when will it hit 280?

Nicknaim, I love your analysis. Makes no financial or economic sense, but in my experience of 30 years invesing, it anecdotally makes sense.

Bought small amount. LGEN is biggest holding in my portfolio. About 30% at this stage.

Yes Jeymogs. I agree that share buybacks benefit Board of Directors only. I have never seen accretive value for shareholders (me) from buybacks. I look forward to my divi payment tomorow 6th June! I'll leave the cash sit there for a while and use it to buy good value shares.

Walkersworld, on what basis do you say that? Labour government good for stock market?

I live outside the UK. Does anyone here have a view on what impact a Labour government might have on the UK stock market?

Eccles04, let's remember the Citi estimate of -27% EPS drop and see what materialises on March 6th. I have made careful note. A further thought: how do Citi know this? Have they some special contacts in LGEN BOD? Did LGEN leak some info to Citi in anticipation of poor results?

I was interested to see that the proposed new law to ban sale of disposable vapes had no discernable effect on the SP here. Other countries are likely to follow suit.

Hjkl, what is SPV?

I use 'Dividendmax' all the time because it shows precise yield based on current market price and shows amount paid per number of shares held. Just my preference.

Unvrkw, you expect a 80% drop in equities and a +50% increase in DEC share price. Do you expect to be taken seriously on this board?

SD235, why 3i at 2,8% yield?

Yes, it is frustrating. I have a big holding because of the dividend.Ifind the SP tends to track gas price -irrationally.

Thriller 40 you are wonderfully optimistic! I've been in this game for years; see my previous comment. The automatic drop at market open tomorrow may of course be outweighed by extraordinary market forces to the upside!

My understanding is that the 13.93p dividend will be automatically taken from the SP tomorrow by the stock exchange. It is a technical adjustment made independently of market forces. Wow this board has become very chatty of late! I watch as it's my single biggest holding!