Chesnara Share Discussion Threads

[wynterwilde] 13/6/2022 09:05

I've decided to join this boring club...:-) took 13,900 @ 290 this morning...

[dosser50] 26/5/2022 12:29

Reinvested my divi...at 302.

[mustbefunny] 26/5/2022 11:21

Hopefully a peek and not a peak

[igoe104] 26/5/2022 10:51

I've reinvested my four figure dividend..

[panshanger1] 26/5/2022 10:33

Starting to have a peak at the 300 level again

[cwa1] 23/5/2022 16:30

► Investment summary: Chesnara has three pillars for delivering value, but also
aims to be the “least troublesome source of sustainable, attractive dividend
yield”. A close analysis reveals that there is substance underlying this aim. In our
opinion, the discount to Economic Value looks wider than it should, and the
yield appears high for a dividend that is both secure and growing.

[cwa1] 16/5/2022 16:56

· The recommended final dividend of 14.7p per share is expected to be paid on 24 May 2022. The ordinary shares will be quoted ex-dividend on the London Stock Exchange as of 7 April 2022. The record date for eligibility for payment will be 8 May 2022.

[thamestrader] 12/5/2022 08:23

Wakey wakey, Chesnara! The market is open. Sort your spread out and let's have you offering me 278p.

[edmundshaw] 11/5/2022 20:54

Snaffled at under 279p today :)

[lord gnome] 06/5/2022 09:14

Temptation coming up fast.

[thamestrader] 06/5/2022 08:49

I'm not in the mood for buying anything at all at the moment, but if I could get these for under 280p I might be tempted.

[makinbuks] 28/4/2022 15:08

Yes as many have commented here, there is a trading opportunity here between £2.80 and £3.20 to supplement the valuable income

[my retirement fund] 28/4/2022 13:08

So tempted to top up

[bluemango] 27/4/2022 18:09

That's encouraging to hear, given I currently hold both.

DIG's holding of CSN is valued at 16.7m, their 8th largest holding by valuation.

[panshanger1] 27/4/2022 17:59

Just reading the annual report from DIG A large uk eq income trust ( and has recently improved performance) I notice that CSN was 8 th biggest holding and managers added during the year Pretty positive imho

[lord gnome] 22/4/2022 10:18

Still amazing Wizard. It hasn't closed up today. Looks like nobody wants to play. Liquidity is dreadful.

[wizard2020] 22/4/2022 08:25

I am amazed by the opening spread each morning on this stock on adfn

[makinbuks] 21/4/2022 11:42

Yes agreed, even an extreme move in either direction may induce a shock reaction but it will revert to the mean in time.

Of course extracting cash from run off policies is eating your own lunch so deals to maintain cash flows are important. That's what is particularly exciting about Chesnara right now. New chief exec and £200m bond issue. Some interesting months ahead

[al101uk] 21/4/2022 11:24

Makinbuks,

Generally neutral you mean.

That's the thing about Chesnara, it doesn't win or lose either way... just plods along with it's long term view and healthy dividend.

The only issue that might adversley affect Chesnara would be an extreme move in either direction.

Most of the time the status quo is preserved, so most of the time Chesnara is a comfortable, boring hold.

[makinbuks] 21/4/2022 11:12

Part of the attraction here is that the state of the UK economy is largely irrelevant. The wider European economy can hurt the new business volume and increase cancelled policies but it wont affect the release of cash from the run off business. Higher interest rates mean higher investment income and lower liabilities so generally positive

[renewed1] 20/4/2022 09:45

Mmmm depends on your take for the UK economy!!!

[bluemango] 20/4/2022 09:18

I think the previous predicable trading range has changed and this is taking on a more generally upwards trajectory.

Not just because of today's movement but looking at the chart. Wouldn't be surprising to see 'higher lows' given the excellent yield and twice-yearly payouts.

[wizard2020] 07/4/2022 20:13

Yes this stock presents an interesting income v cap appreciation dilemma and it is still above the rpi which is pretty unusual

[dodger777] 07/4/2022 18:30

😆 my apologies, I’ve been up since 2am is my excuse …yes I meant 270 not 170 😂
I’m going to bed 😴