LGEN

46 days ago

When cowards flinch and traitors sneer…I have been brave and bought

Rothschild was asked why he was buying when there was blood on the streets. He answered that he was buying because there was blood on the streets and that had made everyone panic.  My friend and broker, the Dinosaur, and others think I’m foolish. I think I am brave but that my bravery is founded on solid logic. We shall see.

60 days ago

UPDATED with now-finalised number of times selected: The Great British Takeover stakes competition leading picks ('The Takeover 12')...

Tom Winnifrith launched the Great British Takeover stakes prize competition HERE. The following are the leading picks (4+ selections) that you think will be bid for. I shall monitor the performance of 'The Takeover 12' vs the FTSE 100 and FTSE All-Share until we have a contest winner. So far, so bad!

79 days ago

Tom Winnifrith Bearcast: what was the point at Golden Prospect & the 2 Dave's need to 'fess

I start with what Fagash is up to today before moving on to London Bitcoin Company (BTC) and Union Jack Oil (UJO). Then its the gold price and Golden Prospect (GPM) with a few words on Legal & General (LGEN) en passant

180 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.

210 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?

471 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

514 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.

577 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? 

657 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)

817 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. 

1483 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.