LGEN

89 days ago

Video: Jacob Rees Mogg on pensions theft

Since our Oxford days I've always thought Jacob Rees Mogg to be a rather smug stuffed shirt but on many matters he is pretty bang on the money. He has just released a video on pensions theft and he's dead right. It makes me rather question my own investment in Legal & General (LGEN) shares.  Enjoy.

119 days ago

Legal & General – 2025 results, progress suggests still an income value Buy

Legal & General (LGEN) has announced its results for the 2025 calendar year headlined “9% core EPS growth; strong strategic progress; £1.2bn share buyback”. That sounds good and how does it compare to the valuation at a, slightly ahead of our tip last year, 245p share price?

380 days ago

Getting greedy: I still have not sold my Wishbone shares

This could be a sub one month three bagger but I am getting greedy. I said I’d sell in the 20s, the 30s, the forties and then the fifties. But have not. The shares are now 0.6p. This was always a dirty trade

423 days ago

Legal and General - a shareholder writes

As it happens I am a shareholder in Legal & General (LGEN) but it is not me but a chap called James Graham who attended the AGM and has posted the threat below on X. It is a great read, he even talks of GroupThink, my late Uncle Christopher Booker would have been delighted.

486 days ago

Tom Winnifrith Bearcast No 1: Imps has done me proud but with the yield now sub 6% should I sell? What about Tesco

I want to shift my pension into safer stocks and ones that give me a 5% yield and will do that within 3 years as I bank big gains on certain small caps you know well. But I already have some grown up stocks and discuss the two grown up gold plays plus Tesco (TSCO), Legal & General (LGEN) and, at length, Imperial Brands (IMB). can you believe it is now £27? 

566 days ago

Tom Winnifrith Bearcast: as I think of Dr David Viner, a tale of 2 gold miners I own

I think back to 2000 and the warnings of the leading global warming scientist of the day, Dr David Viner. I consider meeting the b/f of daughter 2 for the first time and two gold stocks I own, Bluebird Mining (BMV) and Amaroq (AMRQ), while mentioning, en passant, Imperial Brands (IMB) and Legal & General (LGEN)

726 days ago

Tom Winnifrith Bearcast: making Bara Brith, death threat for the Lemming & I really warm to buying high yield insurers and banks

I start with the Bara Brith, explaining what it is that Joshua and I have made and why. Photos tomorrow. Then it is onto insurers lie Legal & General (LGEN) as well as banks like NatWest (NWG) and, citing a real expert, I explain why I am increasingly tempted. Then it is onto the death threat for the Lemming Investor. It is to do with Skinbiotherapeutics (SBTX) and the perp is almost certainly one of those emboldened by Giles Balleny at Cavendish (CAV) who should now be truly ashamed for that. It makes me consider what Britain is becoming and how, if my circumstances were different, I’d be emigrating and will encourage all my kids to do just that. 

1392 days ago

Alpha Growth piss poor and non IFRS compliant interims, does anyone at the FCA care about enforcing its own rules?

Alpha Growth (ALGW) published its piss poor results for the six months ended 30 June 2022 today which showed a loss before tax of £454,635.  The shares were off 7% at the time of writing this article which values the group at £11 million a multiple of almost 4 times net assets.  This looks high compared to say Legal & General (LGEN) which runs asset management and insurance operations with longevity exposure which trades at a multiple of just over 1 times net assets, has massive scale and pays dividends. Alpha is less likely to join the dividend list than, well, Cheryl Cole and you know what.