LGEN

149 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

192 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.

254 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? 

335 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)

495 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. 

1160 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.