Phoenix Share Discussion Threads

[rcturner2] 23/1/2017 17:18

As I said before, anything under 750p is a bargain here.

[philo124] 23/1/2017 17:15

Good move.

[mozy123] 23/1/2017 15:09

Added my first half position today. Too cheap in my book.

[speedsgh] 23/1/2017 10:36

Berenberg issues a broker note on Phoenix Group Holdings -

Berenberg today upgrades its investment rating on Phoenix Group Holdings (LON:PHNX) to buy (from hold) and raised its price target to 821p (from 759p).

[linton5] 18/1/2017 16:30

Haha I'm in shock admiral doesn't know what blue is lol ehg on my portfolio as from today

[essentialinvestor] 18/1/2017 16:26

In danger of a blue finish!, oh my.

[linton5] 18/1/2017 12:22

Looks like a breakout on ehg

[linton5] 18/1/2017 11:22

Insurance sector due a change of direction lol.good old Aviva never budges but the rest drop

[essentialinvestor] 18/1/2017 11:13

Sector looks a little weaker today, had some at 718.3.

CSN which I also hold has been very strong recently, their recent acquisition
was also funded largely by an equity raise, the deal was smaller as a % of
market cap than the latest PHNX purchase.

[linton5] 18/1/2017 11:08

To slow there I was gonna buy more under 720 oh well next time

[orinocor] 18/1/2017 10:27

The Midas buy tip at 742p is not looking to clever just now.

I take it a Phoenix does not like a hard Brexit?

[philo124] 18/1/2017 08:42

Bought in. ISA.

[edmundshaw] 17/1/2017 21:27

For one year...

[rl34870] 17/1/2017 18:43

If you assume the current price includes a proportionate half yearly dividend of 17p assuming a full half year of 25p then based on today's price of 7.27 current yield is 7.05%.

[essentialinvestor] 17/1/2017 16:47

Added 3 small lots, sold a few GSK last week to add here,
Expected some outsized moves today as mentioned.
If markets begin to sell off hard then about everything is going lower.

[rl34870] 17/1/2017 12:20

Is very likely to be 50p exactly as it sounds so much better than say 49.4p.Bit like Branson paying £747m for Northern Rock!

[edmundshaw] 17/1/2017 12:07

Mas, based on the new issue prospectus (re adjusting the dividend to account for cheaper shares) and the company comments about a dividend hike, I also worked out 50p is about right for the prospective annual dividend. And plenty of cash bing generated to pay for it...

[garycook] 17/1/2017 11:47

MRF,Thanks I own CLIG,as well as PHNX.Another good core holding.

[my retirement fund] 17/1/2017 11:42

Those looking for income may want to also take a slug of CLIG - the following graph illustrates that on its present yield of 7% it is not only sustainable but very likely to be increased further - or perhaps a speciel additional dividend come Q4.

[jonwig] 17/1/2017 10:02

It's a nuisance that ADVFN don't adjust their charts for corporate actions.
For anyone interested, here are the formulas linking new and old prices:

P(new) = 0.63*P(old) + 187

P(old) = 1.58*P(new) - 296

So the current 728p equates to 854p and the adjusted all-time high would be 784p.

[linton5] 17/1/2017 09:58

I got more at 724

[essentialinvestor] 17/1/2017 09:49

Life would be a whole lot easier if I knew that in advance ).
Have PHNX as an add on weakness as mentioned previously.

[gswredland] 17/1/2017 08:28

Yes but moves in which direction!
Thanks for post Mas re Slater fund - very interesting. Looking to get in here...

[essentialinvestor] 17/1/2017 08:21

Added a small amount, could be in for some sizeable moves over the next
few days with May's speech to come.