Chesnara Share Discussion Threads

[pete160] 02/8/2024 07:32

And according to advfn, on a volume of 10 shares traded.If only it were that easy!

[my retirement fund] 02/8/2024 07:24

A blue spot among a sea of red

[petewy] 19/7/2024 18:12

My sentiments perexactly

[shbgetreal] 19/7/2024 13:51

The opportunity to buy a conservatively run company which has consistently increased its divi over the past couple of decades and easily has the means to continue to do so going forward at a price (244) where yield is c.9.80%, in your mind becomes a reason to sell?

[pvb] 17/7/2024 17:23

Interim Results in September?

[jubberjim] 16/7/2024 22:17

Help needed

Trying to find out date when results will be out

Thanks

Ahead of another fun day tomorrow

[cassini] 16/7/2024 16:52

Crack-up boom...?

[barnes4] 16/7/2024 16:10

Wall Street madness again

Up 500 points

[jubberjim] 16/7/2024 14:40

barnes4

Judicious application most of the time

With the occasional wild punt

Long cash is my preferred option at the moment

[barnes4] 16/7/2024 11:17

Only to lose it on your next punt

Mugs game

[jubberjim] 16/7/2024 10:26

Fair play to you wllm but that drop out of nowhere to 240 short lived though it was put me on edge.

Have a few of the requisite divi payers Av. Lgen Mng and phnx so will look again but happy enough to take the 3 pct and get liquidity back.

FOMO market for time being

Good luck

[wllmherk] 16/7/2024 08:36

Fair enough Jubbers, I guess we all have our own style of investing. I continue to hold and have been adding to my position as CSN has not rallied along with some of my other financial stocks and I can't see any obvious reason for the share price weakness. With a market cap of £380m, a positive set of results announced in March 2024 and a dividend yield of 9.5% I see no reason to sell. Furthermore, I wouldn't be surprised if these get bought out......PHNX perhaps.

wllm :)

[jubberjim] 16/7/2024 05:21

Not that I need to explain myself but don t see this going anywhere soon.

Dividends still a long way off.

If you are comfortable sitting with it fine but I can see further falls coming in the weeks/months ahead and when there is a determined seller the bids all but disappear .
The same is true on the upside the spread widens and impossible to get reasonable prices quotes.

I am still very uncomfortable with how the market is playing out when it gets back on even keel will look again but profit is a profit albeit only small and liquidity gives you more options.

Have a good one

[wllmherk] 15/7/2024 20:26

You panic too much Jubbers, dealing costs must hit your profits. You only bought into CSN on Friday, what changed over the weekend?
There will always be some reason one can find to sell shares, but, if you are so jittery perhaps the stockmarket is not for you.

wllm :)

[barnes4] 15/7/2024 20:12

Why sell crazy horse 🐎

[jubberjim] 15/7/2024 13:36

Have sold out

Not liking this market

Teeny profit but have liquidity much more important

Wife out shopping .She don't care

[yump] 13/7/2024 08:21

I thought that might be likely, its just that it seems to have reacted a bit later than most income stocks. I suspect I haven’t got to grips with the fact that its income/value is related to interest rates, so that influences investors as well as its yield vs interest rates.

[cassini] 12/7/2024 12:48

Probably interest rate rises. It would have depressed the mark-to-market value of any bonds held.

[yump] 12/7/2024 12:08

Just doing a bit of resesrch - what happened early 2023 to start the downward path ? Sp was quite stable in a range before that.

[jubberjim] 09/7/2024 13:42

Holding up extremely well

Everything else at 6 s and 7 s

Barmy market

Staying put and out

Good luck

No I don t know why the market is so frightened unless it's the aftermath of the french election.

Punters running for the hills and more people jostling to get on my fence

[1knocker] 05/7/2024 17:37

Everything will be fine now. Starmer is in No 10 and Reeves in No 11. They are going to toss up for which of them will get to pull the growth lever.

Amazing really that the Conservatives left it unused for so many years. Such restraint to keep it oiled and polished, but unused, as a housewarming present for their successors.

[pvb] 05/7/2024 16:30

1knocker 4 Jul '24 - 22:28 - 2446 of 2447

I have never been heavier gold and silver, to which I have added uranium and copper over the past 3 years

The uranium should certainly weigh you down! ;-)

[jubberjim] 05/7/2024 15:06

Oooh suits me sir!

[1knocker] 04/7/2024 21:28

I have never been heavier gold and silver, to which I have added uranium and copper over the past 3 years
.
Up 90% on the uranium, 18% on the copper. The gold and silver (and a bit of platinum) I have accumulated on the dips since 2000. I am slightly down on my platinum - bad timing, but the gold and silver are nearly !00% up. Of course, adjusted for inflation, the numbers do not look quite so good.

I don't regard my physical metals as investments, more as insurance. Whatever befalls, they should keep a roof over my head and food on the table.

[cassini] 04/7/2024 17:15

I agree!

Gold then, maybe some silver too, for some insurance against what will be?

As for the social aspect, “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”

Of course, great damage is done by then.