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CSN Chesnara Plc

249.50
0.50 (0.20%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Chesnara Plc 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
  0.50 0.20% 249.50 249.00 250.00 251.50 248.00 250.00 86,909 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 488.8M 18.7M 0.1239 20.10 375.88M
Chesnara Plc is listed in the Life Insurance sector of the London Stock Exchange with ticker CSN. The last closing price for Chesnara was 249p. Over the last year, Chesnara shares have traded in a share price range of 246.00p to 289.50p.

Chesnara currently has 150,954,119 shares in issue. The market capitalisation of Chesnara is £375.88 million. Chesnara has a price to earnings ratio (PE ratio) of 20.10.

Chesnara Share Discussion Threads

Showing 426 to 446 of 2625 messages
Chat Pages: Latest  21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
27/10/2009
21:39
Yes, good news. Strange reaction. Could have managed the newsflow better I suppose.
topvest
27/10/2009
15:47
Since there are 8 market makers, the initial reaction was pretty bizarre.

They talk of an exceptional profit arising from the revaluation, but it seems it may not be distributable for some years. There are, of course, ways round that.

Notice that the upward valuation (EEV) of Moderna was accompanied by an increase in the risk discount rate used in reaching it (5.2% to 6.04%). On its own, such an increase would lower the EEV, not raise it.

I bought some more, but after 3 o'clock unfortunately.

jonwig
27/10/2009
15:28
What a strange reaction - looks like someone read the first few lines and assumed it was negative. Wish I'd been paying attention when it came out.
zangdook
27/10/2009
15:03
well, thats what I thought. great buying opportunity as it went out, less so now.
markie7
27/10/2009
14:46
Talked to Graham Kettleborough for clarification on the RNS. His words "definately positive (for csn) to the tune of £20m!
oniabsta
14/10/2009
14:24
A healthy correction I think, had got ahead of itself.
Still positive though.

pip_uk
14/10/2009
11:12
...........we WERE, banj!
huntie2
13/10/2009
11:55
and we are in breakout territory
banj
13/10/2009
11:52
relentless :-))

Could it be that combined with improved sentimentthe EEV of moderna life is being rerated or are peeps investing their recent dividends back into share purchases? Or a bit of both?

banj
12/10/2009
15:22
oops double post
this_is_me
12/10/2009
15:22
This is not a normal insurer, it is the huge dividend that is important at a time when this is being regarded as a lot more worthwhile than it used to be even a 6 months ago.
this_is_me
12/10/2009
15:01
Very pleased with my holding and showing strength today.
Appears to be a lot more sellers than buyers, which could be promising.
Something positive in the pipeline maybe!!!.

pip_uk
10/10/2009
11:49
JoA - see post #211 and the link in #217.
jonwig
10/10/2009
11:19
JW - where are you hearing these rumours from?
joan of arc
10/10/2009
08:21
Yes, I certainly wouldn't be a buyer at the current price. EEV will be of the order of 215p post-Moderna acquisition, and a discount to that is warranted. Probably 30% for a typical life assurer.

It's possible, though, that the forward discounting rate used in calculating the EEV will have fallen, so raising EEV but not by all that much. There are stories that they have two potential acquisitions lined up - if they can get those at a good price, the shares will get another boost.

And the market's still rising thanks to QE and rock-bottom interest rates. People are chasing income, like here!

jonwig
10/10/2009
03:07
Does anyone here think, like me, that we are getting a bit toppy?
I also think, that as investors appetites develop more for dynamic/risky shares and bank interest rates start to rise, these shares may become less fashionable.
I expect a retracement and may consider a top up, if that comes. The trouble is, that the nerves have been tested, during the credit crisis and before the management went on the acquisition trail. My portfolio is already heavily loaded with CSN. Luckily, the dividends have made it all worthwhile, (beating most interest rates), and now the double whammy with the wonderful share price strength. Although a top slice is tempting, with the big dividend to follow, my greed is torn toward holding as long as possible.
What a boring company though?
I wonder how I found the shares in the first place. It certainly wasn't through bulletin board chatter, as it's been quiet on that front. It may have been an iii e-mail article or m-o-n-e-y-w-e-e-k or similar.
Good luck to us all anyway.

janes bond
07/10/2009
09:45
Looking strong again today.
I invested my extra ISA allowance yesterday plus a bit more.
Better than money in a savings account.
More to come I hope.

pip_uk
05/10/2009
08:28
Daily Mail seems to have done the biz. Thanks for the link, Rik.

(Do they support New Labour ... ?)

jonwig
04/10/2009
18:51
Yes, dosser2, I hold these in an ISA. One of the best dividend plays I've had and a nice one due soon.
janes bond
04/10/2009
17:18
Cheers, i think i will put some in my xtra allowance the gvt has given me from tomorrow!
dosser2
04/10/2009
16:30
they do qualify for an isa,i just checked on my barclays account.
rgcol1
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