Chesnara Share Discussion Threads

[lord gnome] 04/1/2023 15:18

Looking perky today. No reason why that I know of. Has it been tipped or upgraded, I wonder. Not complaining.

[mirandaj] 03/1/2023 16:59

RNS from December refers to what follows 





Easy enough to translate if wished

At the beginning of January 2023, Conservatrix's insurance portfolio was transferred to Waard. Waard is a Dutch insurer that is supervised by DNB. Question 1: What does the transfer mean for Conservatrix policyholders? The transfer means for policyholders that - after the transfer has been completed - they are insured with Waard Leven N.V. The amended policy conditions apply, i.e. the amendments communicated by the trustees (and for which the court has given permission) are in force become. Policyholders can contact Waard for all matters related to the policies (premium payments, benefits, etc.)

[aleman] 06/12/2022 10:46

The strong update at PHNX should encourage CSN bit.

[trustman] 06/12/2022 10:40

Nicely through the 200 DMA...

[wynterwilde] 25/11/2022 16:52

igoe104

Cheers! Someone at HQ heard you and reacted......;-)

[cassini] 25/11/2022 09:17

Not really, it didn't drop as much last month so it hasn't risen so much either.

Anyway, if you want growth and excitement, it's probably not the best share for that.

Tradable though.

[igoe104] 24/11/2022 14:37

Share price has been poor compared to others in the sector.. Like Av...

[mirandaj] 03/11/2022 14:12

Reminder From September:



Ends

Chesnara is not a flashy or high-profile business, but its income record — 17 years of continuous dividend rises and counting, is almost unique. An ideal income share at a reasonable forward price/earnings valuation of 12, combined with a chunky dividend yield.

[cassini] 25/10/2022 00:22

Sunak used to work for Goldman Sachs AKA The Vampire Squid.

It'll be more of the same tired old MMT globalist can-kicking that got us here in the first place...

[wynterwilde] 24/10/2022 11:48

I have the distinct impression that Sunak (when crowned) will lead with quiet competence and markets will soon be 'Normal service has been resumed'......which bodes well for CSN (and others...)

[al101uk] 21/10/2022 18:48

Increased my position to overweight having said I wouldn't do that. The rationale being that interest rates have moved in Chesnaras favour, they aren't rushing to do a deal and the price has dropped in the low 260's.

Happy to collect the dividends in the meantime, but expecting to get back down to equal weight when things calm down and Chesnara bounces.

It's the trade everyone has been playing, just managed to get in 10p cheaper than I expected :-)

[dosser50] 21/10/2022 15:24

I did the same at 263

[wynterwilde] 21/10/2022 14:09

I tried to fight it, but couldn't....I re-invested my dividend at 266.6 which slightly lowers my average.....

I probably bought in too soon, but it's the dividends I'm more interested in.

[wynterwilde] 16/10/2022 16:01

Ariane,

yes, I too think with dividend re-investment and the new Chancellor steadying the ship, there will be a small general rising tide... more a neap than a spring......

[ariane] 15/10/2022 16:09

i see presently at support level







Financial calendar

21 Oct 2022
Interim Dividend Payment


Divi reinvestment might lead to an upward push

[wizard2020] 13/10/2022 18:35

I think this is either very good or quite bad. I can't get at their LDI exposure but their cash pile should help and indeed may throw up interesting acquisition opportunities. They should not be forced gilt sellers but equally anybody who states that they fully understand this market should be viewed with caution..I was a banker in 2009/9 when it was clear the rating agencies had got CLOs wrong. When an AAA trades like a BBB+ something is wrong - maybe the div yield on CSN was a similar lead indicator.

[triskelion] 13/10/2022 18:19

"This week though has been farcical."

hxxps://vancedavidatw.podbean.com/e/the-planned-demolition-of-the-pound-sterling/
D. Vance (mini-pod') 12 Oct. 2022.
"Our monetary system swings from crisis to crisis since the "Mini Budget" and I can't help but feel that this is all planned and deliberate! They want to introduce a Central Bank Digital Currency (CBDG) and they need to collapse the Pound first."

Standard disclaimer applies, DYOR etc. For entertainment purposes only.

[makinbuks] 13/10/2022 15:04

I felt the Govt let him down badly in the initial phase of this fiasco by not consulting and to be fair by intervening they bailed the government out. I also thought they were pretty clear to government that this was a temporary thing and they had some time now to sort themselves out. This week though has been farcical. Bailey appearing in the street in New York for comment is plain unacceptable irrespective that he was contradicted by the office the following day

[wynterwilde] 13/10/2022 10:11

Wizard2020..

yes absolutely. As a Yell share holder I was shocked to see he let Bob Wigley get away with committing fraud. Paws in honey pot or what.......

[wizard2020] 12/10/2022 17:19

Yup - remember what a great job Bailey did at the FSA

[jonnybig] 12/10/2022 11:25

This must be the most incompetent PM / Chancellor/ Bank of England combination of all time.

[tomleafs] 12/10/2022 10:51

So the BoE is printing money in order to buy inflation-linked bonds? What could go wrong...

[wmb194] 11/10/2022 14:30

On this criteria anyway, at the moment this has a market cap of £412m so it's a very long way from needing to delist.

It's down because of the general worries about the gilt and LDI market that the Bank has exacerbated today - see today's similar moves in L&G, Aviva and Phoenix.

From ADVFN's morning market report: "On home shores, the Bank of England announced earlier that it has widened its emergency bond-buying programme to include index-linked bonds, which are linked to inflation. The Bank said the beginning of this week has seen a further significant repricing of UK government debt, particularly index-linked gilts.

"Dysfunction in this market, and the prospect of self-reinforcing ‘fire sale’ dynamics pose a material risk to UK financial stability," it said.

The announcement followed another selloff in UK debt markets, particularly in the index-linked market, and came just a day after the BoE said it would double the size of its daily purchases to £10bn.

Neil Wilson, chief market analyst at Markets.com, said: "It all seems rather messy and panicky - as expected the market was always going to retest the Bank’s resolve and put the Budget to the sword. To expand your emergency intervention in the market once is unfortunate, to do so twice looks like carelessness."