Chesnara Share Discussion Threads

[washbrook] 10/7/2008 21:23

Major Shareholders Date Amount % Holding
Allianz AG 19/5/2008 13,592,995 13.00
New Star Asset Management Ltd 4/4/2008 10,454,665 10.00
Threadneedle Asset Management 25/3/2008 6,658,928 6.37
Lloyds TSB Group PLC 25/3/2008 4,310,619 4.12
Standard Life Investments 25/3/2008 3,287,883 3.14

Directors Date Amount % Holding
Christopher Henry Sporborg • 2/4/2008 75,000 0.072
Terry Marris • 2/4/2008 52,708 0.050
Graham Leslie Kettleborough • 4/6/2008 32,600 0.031
Ken Romney • 2/4/2008 15,476 0.015
Frank Hughes • 2/4/2008 5,163 0.005
Peter W Mason • 2/4/2008 2,500 0.002

[washbrook] 10/7/2008 21:18

This is only the stock I hold at present.
This year 2008 there are 406 shares on SHARESCOPE that show 50% falls since 31.12.2007 that was yesterday.
Today there are 417 50% falls.
Chesnara 30.54% fall.

[chairman2] 10/7/2008 21:00

I wonder if its the bursting of the merger
bubble for financial tiddlers?

The FCAM saga today is worthy of study.

CHES doesnt need a bid but that doesnt stop
there being a bid premium in ths shares

[kiwi2007] 10/7/2008 18:35

from the finals:

"Whilst we have no direct exposure to troublesome credit instruments we are to
some extent affected by stock market weakness as it reduces future projected
earnings and affects policyholder sentiment."

[markie7] 10/7/2008 18:32

director buying will be a good sign.

[robsy2] 10/7/2008 18:23

whats happening with Pearl and Resolution?

[markie7] 10/7/2008 16:56

part of the problem is size. funds are running away from illiquid stocks. and if there are no small buyers - price collapses.

[kiwi2007] 10/7/2008 16:14

I believe the high divi funds hold a lot of these?
Maybe a lot of PIs are capitulating and forcing funds to sell?

[tole] 10/7/2008 16:02

Tempted to tuck a few away from here.

[makingheaps] 10/7/2008 13:44

I think you'll find people redeeming policies is in the insurers favour in the short term at least. they are hardly going to offer a surrender value that puts them at a loss compared to assumptions. Granted there may be a lack of income stream going forward. I ahve no idea why this has been hit so hard but it's made me nervous that I don't understand the situation. Currently holding on and tempted to add.

[robsy2] 10/7/2008 13:01

not really just general comments.CSN is affected by the markets. If markets are bad then the company will throw off less capital for us , so exceptional divis are threatened, maybe even divis themselves . Depends on the capital requirements that could be stretched if lots of people are redeeming policies.

[markie7] 10/7/2008 11:29

big fall today. any thoughts on what is going on?

[chairman2] 02/7/2008 13:38

I think its

a) a sector thing - observable Ches moves on day in direction of other lifecos

b) absences of buyers - I doubt if any major instirurion is buying anything
and there are (I suspect) major net redemptions of unit trusts
and Inv trusts who are big buyers of these for income

[bonzophil] 02/7/2008 13:33

richardly

I agree, the volatility over recent days does seem rather worrying. If the general market continues to fall would this mean that future profitability would be affected?

[richardly] 01/7/2008 10:51

This sort of volatility in this share seems to indicate there's something happening that, if you're long, is not a good sign? Ok maybe it's just being dragged down with financials in general - but I'm not so sure at this stage... any thoughts/info please?

[washbrook] 27/6/2008 16:57

Managed to get them at 139.95p.

[robsy2] 27/6/2008 16:16

Yes it looks great value at this level. I'm back in again.

[washbrook] 27/6/2008 09:19

AT 142p yielding 11.658%(on 2009 forecast) at 10000 shares with costs.
Last time you could buy this stock was on 13.6.2005

[robsy2] 27/6/2008 08:55

Thios looks well overdone . I'll be buying.

[washbrook] 26/6/2008 16:32

Robsy2
Markets.

[robsy2] 26/6/2008 15:42

so why the big fall?

[washbrook] 26/6/2008 12:32

NOW 143p on offer yielding 11.576% on 2009 forecast.

[washbrook] 26/6/2008 10:50

Having sold at 166.5 after xd itching to buy 10000 shares now at 145p(145.8345 including costs) yielding on 2009 forecast dividend of 16.65p at 11.41%

[chairman2] 26/6/2008 10:18

nothing to hold it up

instis on strike not buying financials