Member Info for Thronegames

Mr Math, you have done well! One of my big mistakes has been failure to take profit and failure to suffer losses by selling and holding cash proceeds. I am not a winner in this Casino on capital appreciation. I am a net winner on dividends though. LGEN has been great for me over the last few years, others have not.

I do not hold this share in my portfolio - yet! I'm a great believer in observing businesses that do well just by looking around me. Nokia and Microsoft i the early / mid 90's; Netflix in 2000. I spotted none of these of course! However I remember being in Penneys (aka Primark in Ireland) last year and there were up to 20 cash registers on the go. Mind you it was near Christmas. Then I'm told that Penneys in my location in Ireland have expanded into the upper floor of another shopping centre. I also hear about this being a very popular location for women's clothes. Now I read about the online sales initiative and expansion in UK. I am also intrigued by the idea that inflation may drive people to lower cost retailers. In short, I think Primark is a good investment. I have two reservations. Firstly, I don't know what % of ABF Primark comprises -maybe someone can help me here?. Secondly, the yield of 2.8% is low for me. Everything that I see seems to add up to a convincing case to buy this share. Any comments appreciated!

Phyl, I'm of a similar mind. I may top up in January. My largest single holding now, followed by IMB and DEC.

OWLS, I'm interested. How has the MA rule worked for you? Genuine question; I haven't a clue about charts.

Why be offensive, SD235?

yes a small uplift. But I always want to know the 'why' behind the rise or fall! Sometimes it's obvious and sometimes not! I'm still down -20% on capital value! Hoping for a rise in SP in the new year in anticipation of dividend payouts.

Yes, I just added a small amount. Torn between DEC and IMB as the latter pay their dividends unevenly. My next top up will be IMB in late December from dividends.

longtime, point taken! But there are higher yields available in the FTSE 100. For example LGEN at 7.5%, RIO at 8.6%. Also in the FTSE 250, DEC with a 11.5% yield. Based on current share prices. I bought all of these at lower than the current SP so my yield% return is higher. We must also take into account that IMB pays its dividends unevenly so the next two dividends are actually 50% greater than the previous two. So over a 6 month time horizon if one were to invest now and sell late March, the annualised effective yield for IMB is around 10% for that period. This may be a factor for shorter term vs long term investors in buying the stock recently.

Davidspellacy. You misunderstand. I'm saying that at 6.6% yield, the shares are not as attractive as they were last year at >10% yield, other things being equal. But as pointed out elsewhere here, that is only one factor that influences the direction of the SP. Other factors seem to outweigh that recently. Guitarsolo and TradingMonkee have hit the right notes I think.

SP now at its highest level since Sept 2019. I'm wondering what's driving this? At 6.6% yield, it's not the stellar divi payer it was last year. Any insights, anyone?

volcano ,I am taking your predictions as a bet as you don't back it up with a rationale! I hope you are right on both counts; FTSE 100: 7600 and LGEN £3 + by Christmas! If you are right I will toast you with Jameson 12 year old whiskey on 1st Jan! You do understand that you are making a bet in a race. Well the only difference is that LGEN is a solid company and pays great dividends. I am overweight. I also exercise daily.

eviking, on what basis do you see it hitting 1.50? If that happens I'll be out for a while, but looking to re-enter. Is it your gut feeling or your reading of macroeconomic trends? Geopolitical factors? Commodity trends? Technical analysis of charts? Sorry for being hard on you but I too was once one of the gut feeling brigade and got burned. Mind you feeling is a part of any investment decision, but it can't be that alone. Best of luck to you, I'm not trying to be nasty as you can see; 'luck' is as good as 'gut feeling'!

Very informative, Trek. Thank you. Top 10 not too far away from my own portfolio of holdings.

Yes, it was bought up to recent highs as a defence against inflation. It is an algorithmic market that creates buys and sells; no individual rationality. The 'market' is now looking at economies in which inflation will ameliorate, so high yield stocks like IMB are out of favour. I've observed and thought about these relationships for years. Correct me if I'm wrong.

Trek and others, I note the purchase of CSH shares by LGEN but it is very small. I'm now interested in what other companies LGEN have an interest in? As LGEN is run by professionals, I am asking myself whether I should have a look at CSH shares and what other companies LGEN are invested in? Is the CSH purchase an exception or is it an indication that PI's should invest in CSH? Like Buffet buying AAPL shares? I also note that CSH is yielding 9.3% according to dividendmax.

sharefall, yes. I also think the SP will appreciate early next year as we approach dividend season. Mind you I have lost faith a little in PSN and I'm more likely to top up on my old dividend stalwarts; IMB and DEC. LGEN also but I'm overweight there! Good luck!

Tomorrow's update is critical. I was going to sell today in the green but the risk-taker in me said "wait!"

Rio SP is tethered to China indices, Hang Seng etc. Any good news from China will boost the RIO sp. China is out of favour at the moment and has been hammered. But may turn the corner.

"Shooting up" is stretching it. LGEN is tied to Rishi's economic policy stratagems.

I've been invested here for a few years now and buying more with a slow drip of dividends. Obviously my motivation is the dividend yield, particularly with recent dollar strength. Can anyone gibe me a value for the P/E ratio as I get different values from various websites. TIA.