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Share Name Share Symbol Market Type Share ISIN Share Description
Chesnara Plc LSE:CSN London Ordinary Share GB00B00FPT80 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.17% 294.00 292.50 295.00 300.00 293.00 294.50 27,437 12:26:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 293.4 24.6 14.1 20.8 441

Chesnara Share Discussion Threads

Showing 2076 to 2099 of 2100 messages
Chat Pages: 84  83  82  81  80  79  78  77  76  75  74  73  Older
DateSubjectAuthorDiscuss
23/9/2021
11:38
Heading back towards my 'buy zone'
thamestrader
21/9/2021
12:19
Classic H&S pattern, does not reflect the underlying business though...
edmundshaw
21/9/2021
10:52
Surprised to see this down with PHNX. LGEN etc and market up strongly
panshanger1
14/9/2021
16:40
3-4 years ago this was trading around 400p but it's steadily increased its net assets and dividends since then so no reason to be down where it is.
deadly
13/9/2021
20:48
Looks a great deal to bolster the UK side of the business.
topvest
13/9/2021
09:07
5m incremental cash generation would represent a 18% increase on the 2020 total of 27.7m.
bluemango
13/9/2021
08:33
Looking back over the last few weeks it looks like knowledge of this by some, could explain some of the recent rise; rather than just anticipation of the interims.
bluemango
13/9/2021
08:29
The key paragraph: "Enhanced dividend support: Incremental cash generation of cGBP5m per annum under steady state conditions, supporting Chesnara's progressive dividend strategy"
bluemango
13/9/2021
08:17
Just the ticket!
phillis
13/9/2021
07:28
These "IFRS losses" might not be all that significant: PHNX made a loss, too, because it hedged its Solvency 2 capital surplus
jonwig
13/9/2021
07:25
It made an IFRS loss of £2.4m after tax , but no mention of expected cost savings.
fenners66
13/9/2021
07:17
Acquisition of Sanlam UK's pensions division: https://www.investegate.co.uk/chesnara-plc--csn-/rns/proposed-acquisition/202109130700074855L/ Not a closed book proposition! This is a subsidiary of Sanlam Pty, the largest life assurer in S Africa. It has been up for sale since end-July according to Citywire. Numbers look good for CSN, according to CSN!
jonwig
13/9/2021
07:14
Looks s decent acquisition, acquired at a decent discount. 👍
igoe104
09/9/2021
07:55
You may not have a rationale, 1knocker, but at least you have a system. CSN has served me very well over the years, but more by luck (and very generous divis) than design. I sold out a couple of days ago.
thamestrader
09/9/2021
07:42
Good post 1N, trading in a way that feels comfortable to one's self can make this game very satisfying.
luderitz
09/9/2021
00:48
I have held Chesnara for many years, gradually increasing my holding without increasing capital committed to my core holding by buying additional shares under 280 and selling enough of such purchases over 305 to cover the cost of the last purchase, retaining a few 'free' shares on each buy/sell cycle. I always have either a buy or a sell limit order in, and the dividends on the gradually increasing holding have more than paid off the cost of the retained core holding. My most recent buy was at 279, and the subsequent sale a couple of weeks ago at 317 (I was lucky, my sell limit order at 310 caught an intraday brief spike). I can't give any rationale for my 280/305 buy and sell limits, save that they have served me well for a long time, generally leading to a couple of buys and sells each year, while the gradually increasing core holding throws off excellent dividends, with a bonus if I happen to hold the trading shares at an ex div date. Since there is no valuation rationale to my 280/305 figures, just observation of price movements over a number of years, it is rather reassuring to hear that others too are perplexed by when and by how much Chesnara rises and falls. I am new to this board. I should have found it long ago.
1knocker
31/8/2021
15:38
What a strange day. Started the day 5% up and now nearly 2% down...
igoe104
31/8/2021
08:19
LGEN and PHNX plus the Aviva prefs No plans on selling :)
williamcooper104
31/8/2021
06:35
https://citywire.co.uk/funds-insider/news/expert-view-flutter-british-land-hays-craneware-and-chesnara/Chesnara dividend is well covered, says Peel HuntLife insurance group Chesnara (CSN) reported 'relatively stable' half-year results and has enough cash to cover two years of dividend increases, says Peel Hunt.Analyst Andreas van Embden retained his 'hold' recommendation and target price of 280p on the stock, which climbed 5%, or 14.5p, to 306p on Friday.He said the company has 'sufficient cash at the holding company level to fund an increase in the dividend per share for the next two years'.'Cash support comes mainly from the UK back book, with European results mixed,' said van Embden.'Financial flexibility to do deals has however improved and, while so far has been mainly focused on European, Chesnara also sees opportunities in the UK.'He said the shares are 'fairly valued' as the challenge remains to 'extract more from the back book through management actions, while at the same time delivering new business growth and value in Scandinavia and the Netherlands, and seeking out other attractive acquisition opportunit
tole
27/8/2021
09:57
William, could you sell LGEN and IMB next, if you have them? Much obliged.
tomleafs
27/8/2021
09:44
Breaking out now. Since William cooper had sold up its done nothing but go up. He's a jinx...
igoe104
27/8/2021
06:25
Thetimes Tempus - BuyChesnaraCompanies don't come much drier than Chesnara. Nevertheless, the buyer and manager of life insurance and pension policies should be on the radar of income-seeking investors. It has become synonymous with paying a generous and steadily rising dividend, which has resulted in a yield up there with the best of its insurance sector peers.In classic form, the interim dividend was raised by 3 per cent to 7.88p, the 17th consecutive annual rise in the payment. Analysts have pencilled in a payment of 22.6p for this year, which at yesterday's price of 291p leaves the shares offering a potential yield of about 7.8 per cent.How does the group make its money? In Britain and the Netherlands, it buys up books of life insurance and pension policies that are closed to new entrants, benefiting from the investment returns and additional contributions made by existing customers. It also writes new policies in Sweden and the Netherlands.The core challenge for Chesnara is grinding cash out of its back books and funding new business via writing new policies and making acquisitions. In the first half of the year the rise in the dividend was supported largely by the UK closed book of policies. At a group level, there is £59 million of cash available, which should be enough to fund two consecutive annual dividend increases, by Peel Hunt's estimates.Yet the importance of the back book in funding the dividend might give you an idea about why the market is punishing the shares. The stock trades at an almost 30 per cent discount to the economic value - roughly the net asset value of the company, plus future expected cashflows from policies - forecast by Panmure Gordon at the end of 2021. It's not completed a large deal in almost five years, instead buying smaller books of business.Steve Murray, the incoming chief executive, is thinking of acquisitions. The group has just agreed a new £100 million revolving credit facility and gearing stands at 6 per cent. The Solvency II ratio is also healthy enough at 153 per cent, too. We'd trust in the record of rising dividends holding firm. ADVICE BuyWHY There's a good dividend yield on offer at an attractive share price
tole
26/8/2021
17:08
A much better reaction to results than PHNX recently, yet difficult to understand the reason for such a difference as PHNX's were good.
deadly
26/8/2021
13:09
Calm down calm down dears, CSN has been a reliable money giver to investors for many many years and I don’t see that changing any time yet.
luderitz
Chat Pages: 84  83  82  81  80  79  78  77  76  75  74  73  Older
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