Share Name Share Symbol Market Type Share ISIN Share Description
Chesnara 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
  +5.50p +1.36% 409.00p 407.50p 408.50p 409.00p 405.00p 405.00p 42,555 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Life Insurance 823.0 89.6 52.4 7.8 612.68

Chesnara Share Discussion Threads

Showing 1601 to 1623 of 1625 messages
Chat Pages: 65  64  63  62  61  60  59  58  57  56  55  54  Older
DateSubjectAuthorDiscuss
13/4/2018
13:10
Easy, give an open market instruction to a broker or type in a poor limit order.
sogoesit
13/4/2018
12:47
Strange trades at 08.14 this morning. How does that happen?
eggbaconandbubble
12/4/2018
08:32
@jonwig - Thanks for your thoughts. Generally sleep easy with my CSN investment which has served me incredibly well over the years. Their low-key, 'reassuringly dull', conservative approach suits me down to the ground.
speedsgh
12/4/2018
08:17
XD 13.07p in case anyone's unaware! (Payday 23 May.) @ speeds - I should have said a 10% discount is what I'd expect, so we're up with events now.
jonwig
11/4/2018
15:30
@ speeds - probably not significantly tighter, as closed-book takeovers have tended to be around that 21% figure, although the measure 'embedded/economic value' seems to be superseded and I'm not up to speed on recent changes. Note that Phoenix doesn't report such values anymore for some reason. Where I think CSN has an edge which deserves tighter than the 21% discount is its defensive quality and the fact that the Swedish arm (not closed book) is now generating surplus cash. And how much should we value excellent management?
jonwig
11/4/2018
12:20
@jonwig - re your post 1420... "A key metric for me is 'economic value'. Per share it's now 483p against 467p at half time. A 21% discount looks wrong!" What do you view as a more reasonable discount to current 'economic value'?
speedsgh
11/4/2018
11:31
Now caught-up with PHNX on one year performance but way ahead on 2 year+ past performance.
sogoesit
11/4/2018
11:11
Looks like it has broken out above resistance. Next leg up on LT chart. Blue sky above.
speedsgh
09/4/2018
15:57
Thanks al101uk for that. Deane says "John are you being a little bit tight?"! Lol... Exactly! Personally, I think we've spent long enough around the 400p mark so a bit of capital gain in lieu of incremental income would also do me fine.
sogoesit
03/4/2018
12:04
Thanks for picking that up. "Reassuringly dull".
jonwig
03/4/2018
11:04
Simply impressive: https://www.youtube.com/watch?v=S-tYtyHIQGo
al101uk
29/3/2018
12:50
zzzzzzzzzzzzzz! ;-)
eggbaconandbubble
29/3/2018
12:05
Look at the discount in the share price as a significant buffer in case of any substantial investment markets decline. Nothing in the stock market is ever safe but CSN is an investment that allows me to sleep easy! And I like the management style - not doing anything incautious.
chairman20
29/3/2018
08:44
Yes, that’s the figure that surprised me in relation to the share price Over a one year period the share price does not appear to have recognised the value enhancement from the latest acquisition. Furthermore, with discount rates on the increase this impact goes unrecognised as well. Maybe it’s a difficult company to understand and/or its seen as relatively risky while it has an objective to keep acquiring... but what do I know ;-)?
sogoesit
29/3/2018
08:03
A key metric for me is 'economic value'. Per share it's now 483p against 467p at half time. A 21% discount looks wrong!
jonwig
29/3/2018
07:45
A final dividend of 13.07p per share in respect of the year ended 31 December 2017 payable on 23 May 2018 to equity shareholders of the parent company registered at the close of business on 13 April 2018, the dividend record date, was approved by the directors after the balance sheet date.
speedsgh
29/3/2018
07:43
Final Results - HTTPS://www.investegate.co.uk/chesnara-plc--csn-/rns/final-results/201803290700073259J/ Financial Highlights > Economic Value (EcV) of £723.1m (31 December 2016: £602.6m) [Note 1] We completed the acquisition of Legal and General Nederland (which we have since rebranded "Scildon") which created £65.4m of incremental EcV. The movement is stated after recognising £29.5m of dividend payments during the year. > EcV earnings net of tax of £139.5m (2016: £72.5m) Includes the aforementioned £65.4m gain arising from the Legal and General Nederland acquisition. Favourable investment market conditions have contributed positively to the result. > EcV new business contribution of £12.4m (2016: £11.7m) Movestic continues to contribute the vast majority of new business profits. Scildon introduces a second open business to the group and is anticipated to deliver more meaningful contributions following delivery of a two year change programme. > Group cash generation, excluding the impact of the LGN acquisition, of £83.9m (2016: £36.5m) [Note 2] The 2017 result includes £16.2m of post acquisition cash generation from Scildon. > Divisional cash generation of £86.7m (2016: £34.3m) [Note 3] All divisions have made positive contributions, with the results benefitting from economic conditions and a number of non-recurring management actions. > IFRS profit before tax of £89.6m (2016: £40.7m) The 2017 result includes a £20.3m gain on the acquisition of Legal and General Nederland. Economic profits of £30.9m compare to a corresponding profit of £5.8m in 2016. The underlying core operating profit remains relatively stable at £38.4m (2016: £34.9m). > IFRS Total Comprehensive Income of £86.9m (2016: £55.4m) This includes a foreign exchange gain of £8.3m (2016: £20.1m gain) arising on a strengthening of the euro and Swedish krona against sterling. > Group solvency ratio of 146% (31 December 2016: 144%) [Note 4] We are well capitalised at both group and subsidiary level under Solvency II, and have not used any elements of the long term guarantee package, including transitional arrangements. > 2.98% increase in full year dividend compared with 2016 Total dividend of 20.07p per share (2016: 19.49p per share). This increase represents the thirteenth successive rise in annual dividends. John Deane, Chief Executive said: "2017 has been another good year for Chesnara during which we completed the acquisition of Legal and General Nederland, now successfully rebranded Scildon, and made good progress on integrating it into our business. The acquisition has contributed to an impressive set of results on all financial metrics, including IFRS, Economic Value and Solvency II. In particular I am pleased to report an Economic Value growth, excluding the acquisition gain, of 9.1%. All divisions have made significant contributions to cash and value generation. The UK business had again generated cash ahead of expectations and Movestic continues to deliver significant growth, which has resulted in further cash generation. During the post acquisition period, Scildon has delivered Economic Value growth and solvency surplus broadly in line with our initial expectations. That said, we retain our view that the business would benefit from some focussed improvements and have initiated a development programme to improve the profitability of new business. As a result of the positive performance in the year, Chesnara expects total dividends from its divisions of £70.0m, including an inaugural Scildon dividend of £22.2m."
speedsgh
26/3/2018
19:46
Never heard of it.
eggbaconandbubble
26/3/2018
15:52
jonwig, what other very boring shares are out there that give a steady divi?
eggbaconandbubble
26/3/2018
15:11
Yes - "the dullest share in your portfolio" - CEO.
jonwig
26/3/2018
14:06
Expecting CSN results to be reassuringly boring. That's why most people hold them. We only ever get mild excitement when they announce a new acquisition. I'm perfectly ok with that.
speedsgh
26/3/2018
13:49
Price is dropping. We're not expecting them to be bad, are we?
eggbaconandbubble
21/3/2018
09:52
Results next week: 29 March
sogoesit
Chat Pages: 65  64  63  62  61  60  59  58  57  56  55  54  Older
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