FoggyIsle.XYZ | Market's view on M&G

A rebound in stock price is anticipated, potentially reaching or exceeding 240.
The stock has achieved three consecutive record high closes, even as US markets trended downwards, prompting additional purchases at 199p due to a nearly 10% yield and expectations of another annual dividend increase.
There’s a mention of a total collapse from the support level, with stock prices possibly revisiting the 190p-194p range.
Positive remarks are noted about the improved performance of a company’s management team, which is now seen as more effective.
Discussions around the dividend strategy in relation to ex-dividend dates are losing appeal for some investors, despite solid financial results and disappointing share price performance.
A strategy of having a backup investment plan is advised in case of non-ideal outcomes.
There is a noticeable low trading volume which might be impacting stock performance.
Concerns about the stock’s underperformance compared to the overall market, suggesting that it could benefit from initiating buybacks.
A specific resistance level is identified at 205p.
The influence of external factors like other company’s share price declines and market volatility on investment decisions is highlighted.
A potential interest rate cut being pushed back is causing stock prices to revert back to lower levels.
There is a general sentiment of patience required in the current unpredictable market, with some investors willing to wait for more favourable macroeconomic conditions before making further investments.
Dividend sustainability concerns are raised, despite recent confirmations of stable or increasing dividends aligned with company policy.