if you 'buy the rumor and sell the news, is all this rain a rumor?
these two shares are stuck between interims maybe worth a quick .10p short?

more rain forecast, or don't they pay out claims anymore?

write this one down... 5p... and come back in 3 months time and apologise.

and what will you do if they aren't?

Do you know me..?

Can't say I do.

lol..

lol...

Up 10% so far.

Up 20% - more to come tomorrow me thinks when the shorters start to retrench

5p - I dont think so

Good to hear a positive view for a change :-)

LONDON (ShareCast) -" Rumours that serial insurance company raider Clive Cowdery is preparing a takeover bid for Legal & General(L&G) through his investment vehicle Resolution has lifted the sector higher. L&G leads the way, with sector peer Aviva not far behind."

"Legal & General upgraded to hold from sell at Deutsche, target price 82p"
Business Financial Newswire

Now 87p

Legal & General takeover whispers
Daily Mail

30 September 2009, 9:25am

Legal & General
jumped 3.75p, or nearly 5%, to 82.75p as takeover speculation intensified.

Persistent buying swelled turnover in the pensions and insurance giant to more than 55m shares as dealers heard that a 7bn, or 120p a share cash bid from an international insurer is imminent.
Suggestions over the weekend that L&G was preparing a defence document against an approach from
Resolution
put the market on takeover alert.

But experts say it is far too early for Resolution to be considering a deal. L&G declined to comment.

L'G declined to comment!!!!!!!!!!!!!!.

Another hefty 98 million shares were traded in
Legal & General
, yet still the silence was deafening. On the boil all week and up 17% over the last four pulsating days amid intense takeover rumours, the stock touched 94.4p before closing 0.15p better at 87.9p.

Professional punters remain super confident that a 7bn-plus or 125p cash bid for the pensions and insurance giant could be tabled soon.

Professional punters remain super confident that a 7bn-plus or 125p cash bid for the pensions and insurance giant could be tabled soon!!!!!!!!!!!!!!!!!!!!!!.

From this morning's FT chat:
"This is from Dow Jones
The NAB spokesman said that acquisition opportunities would be considered only where they are incremental or bolt-on in nature, strategically aligned, continue to keep the bank safe and improve the scale or distribution capability of our existing franchises.
All of which fits L&Gs description in precisely zero ways"

I think I agree that some kind of bid is going to materialise, hence I hold stock, but I am not that confident.

i hold lgen stock also - ii will wait a bid will be forthcoming probably before xmas 09

Fingers crossed.

:o)

I saw today on the FT chat page that LGEN had rejected a 110p offer from australian insurer AMP, but am not able to verify that with a RNS. Can anyone else shed any light on that?

BROKER CALL: Has penny dropped with Legal & General
15 October, 2009 07:21:15 AM


Bank of America Merrill Lynch goes to buy from neutral and the price target goes to 105p a share from 79p. Broker says: 'The penny has dropped' with respect to cash at the company, in our view, and we think significant improvements in the cash flow profile of the business will be seen in the coming years.'