Phoenix Share Discussion Threads

[aleman] 30/1/2020 11:38

UK 10-year gilt yield flirting with new lows at 0.49%. Where does one go for safe yield?

[jonwig] 30/1/2020 11:03

tournesol - see #3605, which I've now transferred to the header. It adjusts to rights issues, which the ADVFN ones don't.

[tournesol] 30/1/2020 10:55

Why do you say it's an all time high?

The chart in the header shows it was about 950p in 2016.

[panshanger1] 30/1/2020 10:43

Still momentum behind this and new ATH today

[my retirement fund] 27/1/2020 12:54

I guess they thought is was too good a price to miss too

[woodhawk] 24/1/2020 13:35

pj fozzie, if I was only in this for income, I wouldn't have sold my PHNX today either. However I make approx as much as I do in income from trading - and I enjoy it. In any event, I'll probably be back in PHNX shortly.

[my retirement fund] 24/1/2020 13:30

Always hard to know where to go for safe income. Couldn't help taking some more Raven preference shares thanks to the Neil Woodford effect.

[pj fozzie] 24/1/2020 13:06

Still looking at a 6% yield. I don't see the point of selling unless there's something else I'd rather buy. At 7% of my portfolio PHNX is my biggest single shareholding (Although I have a couple of funds with bigger holdings). Since I'm retired and my only income is the dividends from my investments, I'll continue to hold.

Cheers,
PJ

[my retirement fund] 24/1/2020 12:59

Its always nice to leave a little profit behind for someone else. Whilst I'm a big fan here, there is considerable risk regarding the change of the old guard with this huge deal being the out goings swan song. I'll certainly be back on weakness but for now this has been a labour of love over the years.

[williamcooper104] 24/1/2020 10:44

Agree - it was a risky but v cheap few months ago - risk the same - but not so cheap now

[bluemango] 24/1/2020 10:04

Thanks jonwig. Suddenly looks less of a spike, doesn't it?

[jonwig] 24/1/2020 10:00

The price needs rights issues adjustments. I think this one from HL includes them, with a surprising result;

[bluemango] 24/1/2020 09:47

Still not at three year high. Some are so impatient 🙂

But then, this is a 'hold forever' stock for me, for the great income.

[woodhawk] 24/1/2020 09:03

Nice spike. I'm out.

[thamestrader] 24/1/2020 09:01

me too, couldn't resist

[my retirement fund] 24/1/2020 08:36

7.71 jeez I'll have some of that. I'm out again.

[edmundshaw] 23/1/2020 16:30

SLA is not nearly so safe looking to me. But of course others may have different ideas...

[my retirement fund] 23/1/2020 12:16

Looking strong. Holders must be getting tempted to switch into SLA. 7% yield there with plenty facility for future capital gain

[skinny] 23/1/2020 12:08

764.30 the recent high to watch.

[lauders] 09/1/2020 04:34

I note that PHNX was also mentioned as a good yield source by Jim Mellon here:

Don't think anyone here will disagree.

[my retirement fund] 08/1/2020 09:30

Its over 8 years ago I cancelled mine due to poor research and shoddy reporting. Over the years Phoenix has changed a lot but somethings never change.

[lauders] 07/1/2020 04:31

I don't see a date for this piece but it was a link from another article dated 2nd January:

Tata Consultancy Services (TCS) is expanding its long-term partnership with Phoenix Group, Europe’s largest life and pensions consolidator, to drive the growth and transformation of the firm’s Standard Life business. The expanded partnership will result in the digital transformation of Standard Life’s pensions and savings operations onto the TCS BFSI Digital Platform, powered by TCS BaNCS. This will expand the overall scope by a further 4.2 million policies, taking the total number of policies managed by Diligenta, TCS’ regulated subsidiary in the UK, on behalf of Phoenix Group, to nearly 10 million.

I was in a hotel limousine in Mumbai in December headed to the airport and the driver only had good things to say about Mr. Tata!

Think most of us will agree with the trend:

[ianood] 03/1/2020 16:44

As ever with IC generally poorly researched, this is why I cancelled my subscription 2 years back, although I do miss the IT updates and the AIM commentary. The guy who has liked this stock consistently for at least 3 years has been Tempus of the Times.