Chesnara Share Discussion Threads

[essentialinvestor] 12/3/2021 10:23

Is there some glass hidden in the grass here?.


Question rather than statement.

[brucie5] 12/3/2021 09:32

Yes, I bought some for my growth folio as part of my recent rotation into value. I've held these for income for a number of years and never had to worry about them, but I think the chart has now bottomed. These were £4 in 2018, so I have no reason to doubt that they won't start heading back there, while shareholders are being paid to wait.

[fenners66] 09/3/2021 12:28

Perhaps Phoenix might yet be interested they have a £1.5bn war chest.

[rightnellie] 09/3/2021 11:26

Bought some more - great dividend yield at this price and likely to be behind the market in the recovery curve - so could start soon. imo

[elsa7878] 05/2/2021 12:31

Shame about Standard Life selling over 1 million shares. Seems to have depressed the share price. Been adding last few days as rising stock markets should be a tailwind, though rising £ is not. It's never going to go crazy but would expect it to be closer to the top of it's recent 270 - 300 range than the bottom.

[dosser50] 21/1/2021 08:20

Big fall am

[williamcooper104] 19/1/2021 11:17

Have been holding a little position here in the hope someone buys it and to pick up the divi while waiting If all I get is the divi then I'm happy

[deadly] 19/1/2021 10:17

No rush with this share though, been stuck at this price for months while the market has recovered. OK if you just want a divi, but very disappointing compared to many others.

[b2baby] 08/12/2020 12:22

When LGEN plummetted down to 180p I hung on in because there had been announcements that the divi was safe. It was clearly the right thing to do. Same thing applies to CSN and PHNX. Latter has recovered already albeit with a little pullback. CSN will shoot up whenmarket ees again that divi can be relied upon. One has to get in to these yields whilst one can.

[mister md] 04/12/2020 08:05

as mentioned, buying the dips here has worked in the past ... ;-)

[williamcooper104] 03/12/2020 11:35

I've been waiting for that potential to show for a while But with the divi v happy to be patient

[dosser50] 03/12/2020 09:45

Bought in here. Great potential.

[deadly] 01/12/2020 10:58

Relative to PHNX?!
After yesterday's near 10% fall in PHNX for no reason, all that speculation is out of the window and making CSN look good. Bizarre market.

[luderitz] 27/11/2020 10:27

Not holding CSN at the mo but I tend to agree with Mister MD at this time.

[williamcooper104] 27/11/2020 09:00

Yep - hate not understanding what's a greater move than vol/beta would suggest - especially relative to PHNX (which is 3x myCSN position)To add or sell????

[frazboy] 27/11/2020 08:35

We can speculate on the reasons for the weakness, but perhaps a combination of fear of a divi cut (unlikely), and, illiquidity combined with a bit of institutional selling. I'm holding but don't particularly like the look of the chart (for what that's worth) so won't add for now. Having said all that, the NED was happy to spend £85k or so recently so I'm sure we will be fine.

[mister md] 27/11/2020 08:07

As long as they continue paying out the bumper dividends I'm not too concerned about the shareprice and buying on the dips has worked out in the past - suspect no different this time ?

[williamcooper104] 26/11/2020 14:43

Me neither - PHNX and LGEN down less than CSN

[makinbuks] 26/11/2020 14:37

I don't but could speculate sell orders as people move to more cyclical value stocks. If you want to trade I suspect the next upswing in that 200 day MA line is about to start

[frazboy] 26/11/2020 14:23

Any reason for that abrupt down tick... anyone know?

[riverman77] 24/11/2020 19:23

If you look at YTD chart LGEN and CSN now level - so in last couple of weeks LGEN merely reversing earlier falls rather than CSN underperforming.

[williamcooper104] 24/11/2020 19:14

Yes - fortunately I've a lot more PHNX and LGEN than CSN Wondering too why it's looking like coal for Christmas at CSN and Santa for LGEN and PHNX

[joan of arc] 24/11/2020 18:48

What drives the CSN share price?

[jonwig] 24/11/2020 18:37

Phoenix poised to collect £650m for sale of its European business (not confirmed). Maybe it will spend it somewhere.

Just saying.

[edmundshaw] 24/11/2020 18:30

Can hardly compare them though, very different animals.

Phoenix had some interesting news today too...