Chesnara Share Discussion Threads

[chairman20] 15/2/2013 10:51

going to take a breather now?

will there be a buying opportunity
at lower prices soon?

[charlotteandcressida] 07/2/2013 11:39

Part of the much heralded great rotation out of bonds? People looking for greater yields from equities than they get with bonds...

[cestnous] 07/2/2013 11:06

It's the desire for stable yield that has increased in a volatile climate imo.

[lynton3] 07/2/2013 10:59

I don't think it can simply be about the yield, as that's been there for a long time. Something must be happening somewhere!

[kfp] 07/2/2013 10:41

And maybe results on the 29th of March ?

[charlotteandcressida] 07/2/2013 10:30

Rise today? Simple - It's the yield...

[cestnous] 18/1/2013 11:22

Cheers speed. Sticking with it for the foreseeable.

[speedsgh] 18/1/2013 10:51

cestnous - there's been some wonderful buying opportunities in CSN over the past 12 months to lock into a great dividend yield. being optimistic it would be nice if recent 200p resistance could now become support. however being realistic i'm sure that wider issues (e.g. US debt limit deadline, ongoing Eurozone problems) will serve up further buying opportunities in the coming 12 months. i'm trying to keep the CSN shares firmly locked away in the bottom drawer + benefit from the steadily rising dividend over time, although it does get tempting sometimes to take a capital gain when it presents itself with a view to getting back in further down the line at a lower level. neither strategy is right/wrong i guess. just depends on your preference. good luck.

[cestnous] 18/1/2013 10:30

Bought this in my income portfolio but it seems it would be just as comfortable in the growth one.

[aleman] 14/1/2013 14:09

Well, the FTSE 350 Insurers index keeps hitting new highs.

[lord gnome] 14/1/2013 13:16

Double top or breakout?

[solarno lopez] 11/1/2013 08:47

My LORD i do like your sense of humour but take heart in the long run we will all do well with CHESNARA whatever happens in the short term

[lord gnome] 11/1/2013 08:21

In for some at 205. I like paying top of the trading range, so the retrace I had been waiting for can now happen.

[lord gnome] 10/1/2013 18:44

I have been watching this for some time now and hoping it would dip back down to 190 to allow me a good buying price. Looks to be a forlorn hope now and I may well have to stump up more than I wanted. 200+ may seem expensive now, but that chart is starting to look rather horny.

[aleman] 10/1/2013 16:55

Probably not. It's just getting harder to find income shares in my experience. The ones I hold and those on my monitor have all been going up in recent weeks. It only makes sense for CSN to catch up a bit.

[harmonics] 10/1/2013 16:45

Is there some news?

[speedsgh] 21/11/2012 14:08

News just releasd that current FD, Ken Romney, will be stepping down in May next year. He will be replaced by David Rimmington, current Associate-Director Finance.



Ken is 60-ish so I assume that this is just normal succession planning.

[speedsgh] 20/11/2012 10:50

Salpara111 - Stay patient. There will be further opportunities to buy CSN on the cheap in due course imho.

[salpara111] 20/11/2012 10:42

Hmm, had been watching with a view to getting some around the 170 mark.....it would appear that I missed the boat on that one!
Still a very high yield but I am currently more interested in getting cap growth so will keep it on my watch list for the moment.

[charlotteandcressida] 19/11/2012 10:03

added some more today, yielding 9%+ and last weeks trading statement showing solid performance makes this a must have for dividend income...

[al101uk] 16/11/2012 09:36

Ah well, stick with my core holding then and be happy with that... for now.

[fenners66] 16/11/2012 08:20

Poor timing for me to release that.
Was looking to add at a lower price - Flash I didn't know ow much lower but the chart was predicting one way, until today...

[charlotteandcressida] 16/11/2012 08:07

Good solid results, dividend looks well covered, plenty of cash...

[speedsgh] 15/11/2012 13:23

Last top up was at just over 157p at start of June. If I can repeat that, I'll be a happy bunny.