Chesnara Share Discussion Threads

[1knocker] 12/4/2024 16:36

I often find posts on boards for similar stocks more objective about a stock than the posts on the dedicated board. Fewer looking for confirmation, and less extreme mood swings!

[cwa1] 12/4/2024 15:55

Lots of folk on the Phoenix thread do. Might be worth doing bit of reading there

[1knocker] 12/4/2024 15:48

I am eying up Phoenoix Group. Anyone have an thoughts?

[makinbuks] 12/4/2024 08:35

I don't think IFRS EPS is particularly important but that's a huge reduction rather casually dismissed.

Perhaps it just shows how volatile this measure is which is not realy what you expect from "steady eddie" CSN

[speedsgh] 11/4/2024 10:56

From the Hardman note:

~ 2024 EPS downgraded from 38.6p to 33.8p.
"A couple of operating lines were worse than expected, which has led to a downgrade to our estimates. The adjustments to new business and operating experiences/assumptions have led to downgrades of our 2024E EPS, to 33.8p from 38.6p. We have introduced 2025E EPS of 34.6p."

~ 2024 DPS estimated at 24.69p, an increase of 3% (2023: 23.97p)

~ Valuation: "With a price at approximately 80% of its forecast Economic Value,
Chesnara seems undervalued. A prospective dividend yield of 8.8%, with good
prospects of continued growth, also suggests an undervalued stock."

[speedsgh] 11/4/2024 10:41

New Hardman research note (commissioned by CSN)...

Good 2023 results set platform for future progress -

[mister md] 11/4/2024 08:09

'The recommended final dividend of 15.61p per share is expected to be paid on 28 May 2024. The ordinary shares will be quoted ex-dividend on the London Stock Exchange as of 11 April 2024.'

[skinny] 09/4/2024 10:13

Also its had quite a run recently :-


free stock charts from uk.advfn.com

[orchestralis] 09/4/2024 10:10

People selling out before xd drop.

[cassini] 08/4/2024 13:51

CSN always a little slow to the party.

[mister md] 05/4/2024 09:04

Chart looking impressive now.

[cassini] 03/4/2024 19:35

Back up to my average price now ;0)

[dosser50] 03/4/2024 19:12

Not an exciting share but makes you wealthier. Slowly but surely.

[1knocker] 03/4/2024 17:15

It begins to look (fingers cossed) as though those of us here who were buyers under 260 may have got it about right. I hope i am not temping fate.

[mister md] 03/4/2024 15:06

Director buy.

[mirandaj] 30/3/2024 07:41

Thank you for that unastubbs.

As I have said in the past, "Earn cash" is an anagram of Chesnara.

[unastubbs] 30/3/2024 07:09

Tempus The Times

[makinbuks] 28/3/2024 16:14

Disappointing that new business was down at Scildon (-11%) and Movestic (-18%)

[luderitz] 28/3/2024 16:03

Volume seems very high today by the looks.

[mirandaj] 28/3/2024 16:01

Investor Relations shows today's presentation:


Scroll down

[1knocker] 28/3/2024 10:53

You have trumped me then, P, as mine was at 179.

My last sale was at 307, followed by repurchase and top up at 260, and a tad under 253 though!

It would be great if we can re-establish the old 275 /305 trading range. For years it was just a case of setting the limit orders and letting them get on with the job.

Over the years, trading that range has been at least as lucrative as the dividend . Together, they have provided a very impressive return on a 'boring' stock.

[phillis] 28/3/2024 10:11

Agreed mr B
My first purchase was at £1.70

[1knocker] 28/3/2024 09:19

Entirely agree that we don't expect (and don't hold CSN for) fireworks.
Those results and dividend look very satisfactory to me.

[patient fox] 28/3/2024 09:07

Yes when rates are cut will look even better.

[theapiarist] 28/3/2024 08:47

Uninspiring, Wizard. Possibly, but isn't that what CSN is supposed to be?

3% rise in dividend may be less than inflation but 9% pay out certainly isn't!