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Results: LGEN

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Footsie Riding High but this Time that's Not Great News for us All.

Hello Share Sharers. So the Footsie has been rising and is now tickling all-time highs. But it would have been much healthier if it had not been for Covid. And those of us who merely hung onto shares, rather than actively buying and selling them, have seen very little profit for a long time now. We should also realise that a currently high Footsie doesn't mean everything in the garden is rosy.
  • By
  • 2023-01-21 10:38:13

This Legal Eagle Digs Tallons into Bigger Profits and its Share Price Could Fly Higher

Hello Share Takers. My favourite insurance company has posted some good numbers for the first six months and looks set to have a good year. Its operating profit improved by 8% to a cool £1.2 billion. Cash generation jumped by 22% and the Legal & General (LGEN) five year growth target is performing as it should despite all the headwinds of a shaky current economy.


The Eagle Plummeted as War Broke Out but Could Be Among the First to Fly Again as the Conflict Drags on

Hello Share Runners. One of the biggest Footsie fallers because of the war is one of my financial favourites. Legal & General (LGEN) has dropped rather a lot. Before the invasion it was not far short of 300p. As the tanks rolled it has dropped to below 250p. Yet, this could be one of the fastest shares to recover in the usual rally that seems to come a month or so after a new war breaks out.


The Legal has Landed on an Attractive Entry Point for Valentine's Day

Hello Share Spooners. One of my larger cap investments has been doing ok but not quite as well as I expected given the Footsie’s recent progress. A month or so ago Legal & General (LGEN) was tickling its all time highs around 315p. Today's share price is around 280p. One reason is that insurance giants can no longer charge their old customers more than their new ones. You know, when your car insurance goes up every year while if you bought for the first time it would be cheaper.


The Legal Has Taken Off Again – and Should Keep Flying

Hello, Share Changers. Before the pandemic one of the most reliable risers in the Footsie was the insurance giant Legal & General (LGEN). Like most financial shares it took a big hit with the virus’s arrival, dropping in a flash from 318p to below 140p. Ever since those dark days, the price has been moving slowly and steadily up to its present level of around 270p...

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