Phoenix Share Discussion Threads

[garycook] 12/3/2016 05:31

Should get back to 950,but a Dividend increase would be nice and is due,the same as other Life Insurers and especially HSD

[rcturner2] 11/3/2016 19:41

Lets get 900p cleared and out of the way.

These ultra low rates must be good for insurers who get money in the market very cheaply.

[jonwig] 04/3/2016 07:23

FT article, includes:

the FCA’s findings could be a catalyst for deals in the sector, as mainstream insurers look to offload their closed-book business to specialist providers, which may now be able to pick up the business at attractive prices.

“This might stimulate senior management of some insurers to lance the boil and let stagnant books go on to the market for sale, leading to an expected increase in deals,” said Bruno Geiringer, an insurance partner at law firm Pinsent Masons.


About time PHNX pulled off some deals!

[skyship] 03/3/2016 09:27

Hi Jonwig - a request.

Back in 2007 you started the LSR thread. In recent years and in recent months especially it has become quite active as the liquidation programme progresses.

Could you possibly update the Header - perhaps just with the updated shareholders list.

[jonwig] 03/3/2016 09:21

Chesnara have issued a holding RNS promising all due co-operation and process. In other words, "We haven't the faintest idea what's going on but what else can we say?"

Share price is down, but it's a volatile stock anyway. [Holding co. of Countrywide.]

[scburbs] 03/3/2016 07:59

Odd to see no RNS even from the listed companies within the six, eg Prudential and Old Mutual.

[scburbs] 03/3/2016 07:46

FCA thematic review preliminary results out. Six firms set to have further investigation on exit penalties. PHNX not up amongst them, although not clear from RNS press release whether their exit penalty disclosures have been reviewed.

[phoenix group plc] 02/3/2016 16:56

The Group is a closed life assurance fund consolidator that specialises in the managment and acquisition of closed life and pension funds, and operates primarily in the United Kingdom.

Measured by total assets, the Group is the largest UK consolidator of closed life assurance funds. The Group has over 4.5 million customers and £47 billion of life company assets held by the Group’s life companies. Contact us direct: [e-mail]










Phoenix sponsors an independent industry report looking at the future of the life and pension industry





View our complaint handling results for the period 1 Jan to 30 June 2015.





Phoenix Group has announced its Q3 Interim Management Statement.





Phoenix Group is proud to announce inclusion in Britain's Top Employers listing for 4th consecutive year.

[speedsgh] 02/3/2016 14:31

Final Results due 23/3...

[rickyy] 02/3/2016 10:35

yes but will it hold above 900p this time?

[rcturner2] 02/3/2016 08:14

Very pleased with this price action, hope to move through 900p soon.

[coolen] 17/2/2016 19:47

Yes, a large uncrossing trade at the close of business has been a feature of this stock for some weeks now. Not every day, but more frequently than most stocks.

[robsy2] 17/2/2016 15:52

I've been topping up as well. Lots of doom and glooom and bad sentiment about but the insurance sector is widely tipped and this remains an investment oasis . a bit too boring perhaps for some but for me it is a legacy business that pumps money and is trading at a discount to real asset value. I am not expecting a cut in the divi, so I treat it as a high yield deposit account.
R2

[sogoesit] 10/2/2016 10:05

Likewise today dennistan; cannot resist the yield!

[hvs] 09/2/2016 19:18

lol !!!!

;p; !!!!

One born every minute.

Must be the NHS.

lol !!!!

[my retirement fund] 09/2/2016 18:42

That looks like a possible test of £7.00 chart wise

[dennisten] 08/2/2016 18:12

Added some more at 801 today - very pleased - yld 6.6%.

[rcturner2] 08/2/2016 08:11

I bought back in today.

Would like to have been in a little bit lower, but happy with this price.

[jonwig] 04/2/2016 08:58

edmund - for some reason, the FT stamps all its articles with today's date (so do some other papers). If you look at the comments at the end, they are dated Jan 3rd.

[edmundshaw] 04/2/2016 08:44

I am sure I have read that article before, possibly minus a bit (the Axa comment), but it's dated today. :-(

[gymratt] 03/2/2016 18:02

Some good reading, Jonwig...thanks.

I see Axa increased it's divi..perhaps an increase here also?

[jonwig] 03/1/2016 19:26

Solveny 2: from 1 January:

Solvency II rules set to spark M&A surge in insurance sector

[spittingbarrel] 30/12/2015 17:13

A good safe looking yield is as good a reason to buy as any.

[sogoesit] 30/12/2015 16:56

What's up?
A bit of a break-out to new highs; any speculation as to why?

[jonwig] 19/12/2015 08:32

Traded annuities again:

Pensioners planning to trade their secure annuity income for a cash lump sum are unlikely to get a good deal, pension experts and consumer campaigners have warned.



So my illustration is too optimistic - 8x income suggested, and then there's front-loaded taxation. Fuggetit.