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...
Lots of large companies are currently reducing or even completely scrapping their dividend payments, and whilst some of them will still be seen as attractive investments for capital growth, it leaves income funds in a bit of a quandary.
Hello, Share Troopers. My favourite insurance investment is doing well. Its 12-month operating profit has risen by 12% to £2.1 billion...
Hello, Share Shufflers. By the time you read this, we’ll all be either pleased or fed up on the election result. But trading shares immediately on the result could be a mistake. The market could assess the result and go off entirely on the wrong tack. Then it could change its mind and go the opposite way. It’s probably not worth getting caught in the mayhem. So I’m sitting on the sidelines until the middle of next week. However, there are some shares that could keep on rising even if the financial seas are stormy. One such stock in my opinion is Legal & General (LGEN)...
Hello, Share Speakers. Possibly my favourite Footsie giant is Legal and General (LGEN). After buying the shares just after the biggest financial crash in living memory I have seen a multi-bagger rise, which is unusual for a jumbo. The latest figures from the insurer seem to support my loyalty.
Hello, Share Spookers. My old favourite Legal & General (LGEN) is making the news. It has a policy which could energise the share price. The company is taking action it hopes will curb global warming...
Hello Share Masters. Today I return to an old favourite because its value continues to rise in the sea of our biggest companies, which is pretty choppy at the mo. But Legal & General (LGEN) continues to put on weight on an almost daily basis. The share has now put on a fifth of its December value - which is substantial progress for a jumbo stock...
Hello, Share Divers. Allow me to take a break from my latest list of more speculative shares and remind you about the worthiness of a successful Footsie giant. My choice today is one of the few big index members which is holding up rather well in spite of the Brexit chaos...
Hello, Share Sifters. One of my all-time Footsie favourites, Legal & General (LGEN) is growing even bigger. And so I rather fancy will the share price. Ok, in the first six months of this year, underlying operating profit did not improve by much - 5% to £909 million - but that was partly due to pumping more dosh into digital technology which will serve the company well in the future.
Hello, Share Chisellers. Mostly I suggest you look at small-cap and penny shares. But every portfolio needs a few ’safer’ stalwarts to keep an even keel. One such company for me is Legal & General (LGEN). Now, most insurance companies have seen their share prices bloat in the last year or so and that happy trend continues.
Hello Share Scribblers. You don’t need me to tell you that the world is becoming a more volatile place - including geopolitics, but also in the likes of weather and fire hazards, as in the case of Grenfell Tower.
Hello Share Creepers. We really do love it, don’t we, when one of our babies boosts its profits? Not its revenues, which oft mislead, but the real, honest to goodness, operating profits.
Hello Share Turners. As I’ve mentioned before, I’m a fan of insurance companies. They seem to be the one arm of the financial industry which is really coming along. Firms like RSA (RSA), even with its massive PE ratio, and Admiral (ADM) are paddling forward nicely in the river of capital returns and juicy dividends.
Hello Share Smashers. With the Footsie once again pushing into a new all-time record, it is perhaps time to re-visit an old favourite of mine.
Hello Share Splashers. There are several well-worn maxims in Shareland which happen to be true. One of the best in my humble experience is ‘the trend is your friend’. Simply put, this is a share which has been rising for a few days continuing to rise. Just as a company which is doing badly continuing to see its stock tumble.
Hello Share Twiggers. For the last few trading sessions, I’ve been looking at jolly good companies where the stock has been oversold in the wake of Brexit and various other unusual situations. Today I bring before you Legal & General (LGEN). The massive insurance company made a slow but sure recovery after disaster hit financial stocks in 2008. Consequently my post-crash investment increased by 200%. Then things suddenly went a bit pear shaped.
Let me know if you can find a sector more opaque than the insurance sector. In too many years of pacing through corporate reports I cannot think of a sector that consistently bamboozles even experienced analysts with all sorts of anachronistic terminology.
Hello Share Surfers. I’ve had a very expensive October. And we’ve still got the cost of Christmas to come. But we’re about to begin the fab led Santa Rally and it’s not a good time of year to sell shares. Not in my view, any road.
