Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Let's face it, no one can know what is going to happen in the future. A stab at the likely outcomes is the best it gets. I like L&G and will retain my current holding. There is an awful lot of uncertainty around, and on numerous fronts so, in reality, anything may occur. Of now, I would imagine there is a greater potential for the sp to fall further than to rise. But, what do I know? What I wonder though, is just how low does the sp need to fall before a third party senses a bargain? Please do your own due diligence.
I have a six figure stake here so any substantial price fall hurts. Likewise, rises are equally reflected, in a positive manner. My intention was to hold for the long term and this remains the case. I can stomach volatility, but would welcome a little more of the positive kind. If the dividend was cut, or they ceased trading, both highly unlikely events, then that would be a major concern. However, if the sp dips below 200, I would certainly add to my already overweight position. Is there a price at which takeover rumours would surface, I wonder?
I was already overweight here before buying more earlier today. I am tempted to do so again at these even lower prices. I am comforted by the dividend and Solvency 2 coverage ratio of 236% Just how comforted remains to be seen.
I know Labour will, in all likelihood, impose VAT on private education school fees if they are elected into power. I have not read anything about VAT on life assurance premiums and other financial services? Of course, they have yet to convince the electorate that they are more suited to govern. It may turn out to be closer than they currently imagine?
Monday, perhaps?
Aklee, Maybe. In the past, when this stock rises it tends to do so quite rapidly, even if there is no good reason. If it shows signs of rising on Monday I will probably risk another bet. Timing when to get in and then out is tricky with this stock. Always do your own research please.
I bought some this morning and sold after they rose. Made a bit of money. For the remaining holders I hope I am wrong but this will probably fizzle out. Might be some money to be had (or recouping losses) short term. Of course, do your own due diligence please.
I can be rather skeptical about Ceres but I have a feeling that things are set to change. I cannot fathom why? Just somehow feels right. However, I shall not be topping up on Monday, my exposure is about right (in my mind anyway) Please do your own due diligence when either buying or selling (gambling) Bonne chance.
Just checked in after over a month to see whether the sp is down to 0.25. Still not there, but getting closer. So glad I sold out during the last rally. This share owes me money but time is the ultimate healer so I might not even bother at 0.25. Looking at the lack of posts, it would seem even those remaining investors are no longer interested? Ground down perhaps? Perfectly understandable.
I guess, if you undertake a forensic analysis of most companies, there will be good and not so good. In reality, I have too much invested in L&G (in terms of the ideal % of a portfolio) but I am not concerned. Over time, interest rates will fall and the c9% dividend will become increasingly attractive. However, world events could have a major impact on future outcomes and my somewhat upbeat assessment may well be too optimistic. Of course, never forget, the stock market is a gamble. Please do not allow any of my thoughts influence your own decisions.
If people want to fret about the dividend then okay. When investing, both fear and greed exist. I have a substantial holding here and, whilst I have no concerns about the dividend or indeed the company, I will continue to monitor both carefully. You should never take anything for granted. Take Equitable Life, founded in 1762 and probably the finest life and pension provider. They were flying high in 1995, writing stacks of new business with, arguably, the most productive salesforce ever seen. Five years later, gone. So, buyer beware.
Not very often I agree with DT Questor observations but on L&G I do. If the markets are so concerned about the new ceo then why not keep Sir Nigel in a consultancy role while the new ceo settles in? Maybe they will. I am overweight at L&G but am very temted to buy additional stock. Probably wait until Monday. Anyone here entertain the possibility that L&G may possibly be a takeover target? Or am I being silly?
I have given a great deal of thought and (so far) have resisted any additional investment. In truth, I am over exposed at L&G but remain relaxed with the sp fluctuations and, indeed, my holding. This is likely to be a long term investment. If L&G folded then that would hurt, but I see more likelihood of a takeover. Is there a bargain here waiting to be had? For now, I will take (a likely increasing) dividend, wait for interest rates to fall, and see what the future holds. For sure, if the sp dips to 195, I will be buying.