We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Phoenix Group Holdings Plc | LSE:PHNX | London | Ordinary Share | GB00BGXQNP29 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.40 | 1.92% | 552.60 | 550.00 | 550.20 | 551.20 | 541.20 | 544.20 | 6,499,251 | 16:35:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Life Insurance | -34.59B | -1.83B | -1.8270 | -3.01 | 5.51B |
Date | Subject | Author | Discuss |
---|---|---|---|
03/8/2021 11:58 | Porsche1945 - Do you ever post anything constructive - positive even? | skinny | |
03/8/2021 11:48 | Define "crater" in pence per share , please. | fenners66 | |
03/8/2021 11:06 | Briggs seems to be working the same “ magic “ (not) that he did at Aviva. Cant work out why they didnt look for someone better, another sub standard journeyman UK lacklustre CEO. No wonder ftse 100 at Dec 1999 level. Pitiful. This will crater ex dividend, better to trade it between dividends, like Direct Line, zero growth. | porsche1945 | |
01/8/2021 22:52 | Yes, interim results due in 9 days' time. Yield is 7.1%. Expect they'll stick to the 24.1p dividend as paid after last final results. Interim dividend will be payable 3rd Sept. | bluemango | |
31/7/2021 11:05 | Results out 11th August. | killing_time | |
21/7/2021 17:04 | The US figures do show stark differences between different socio-economic groups and annuity holders are likely to be wealthier and thus healthier than the average population (grim but likely to be true) | williamcooper104 | |
21/7/2021 16:54 | All of ours favourite grim subject https://www.npr.org/ | williamcooper104 | |
20/7/2021 14:43 | More added. 663p. Bottom draw and collect divi | rogerramjett | |
14/7/2021 10:02 | Looks like a good swap for its Irish holding. | stun12 | |
14/7/2021 09:51 | Phoenix Group, the UK’s largest long-term savings and retirement business, today announces that it has completed a £230 million bulk purchase annuity transaction with the Trustee of the Agfa UK Group Pension Plan. This buy-in is the Plan’s first transaction, covering 70% of its pensioner liabilities. As part of the Trustee’s long term de-risking strategy, the Company provided additional funding support which facilitated a pensioner buy-in, increasing the long-term security of all members’ benefits. This latest transaction is in line with Phoenix’s ambition to become a market leading BPA franchise, with a continued focus on value not volume. | lauders | |
13/7/2021 12:00 | At the same 0.9x NAV as the sale, phoenix should be trading around 670-690p. So suggests there's not much upside to current price, but also offers downside protection. So those looking for long term dividend income, the current share price is probably OK. | boonkoh | |
13/7/2021 09:57 | The transaction seems at a good price. Cannot see the proceeds changing PHNX value materially, but good to see positive management activity accreting value... every little helps... | edmundshaw | |
13/7/2021 06:20 | This transaction simplifies our European operations and accelerates the cash release from this business. The Group expects to redeploy the capital into higher return growth opportunities to drive incremental future cash generation. Phoenix continues to progress a range of management actions to maximise shareholder value from its remaining European business, Standard Life International DAC, which provides strategic optionality to the Group over the longer term. Seems fine to me ;-) | lauders | |
08/7/2021 06:09 | Also if you have a weighting to pharma/life sciences then you've got a bit of hedge against longevity increasing I looked at buying a US life reinsurer, which gives an excellent hedge against longevity; but didn't bother as looked like it would get covid hit in the shot to medium term | williamcooper104 | |
08/7/2021 06:05 | If rates stay low, or go lower, and longevity increases materially then the divi will be under pressure (covid, obesity and peaking of longevity for time being are favourable tailwinds) Absent that though and someone dropping a bomb on the economy and it's safe It's certainly the best Ftse yield if you weigh the risk with the size of the yield (IMO) On a portfolio basis most of us will be exposed to higher rates via equity discount rates rising; so it's great to have something that will benefit from higher rates | williamcooper104 | |
07/7/2021 22:29 | Expect a steady rise now imho | pander45 | |
06/7/2021 14:53 | monty I expect they will not only keep the dividend going but increase it by 3%. | look alive | |
06/7/2021 11:11 | Even if the company is eating itself then so long as the divi yield is less than the discount rate used to calculate the embedded value of the legacy assets (as adjusted for the discount to embedded value that the share price might imply) it ought not to be a problem Unfortunately companies in run of rarely actually run of and always seek to reinvest (there's little incentive to actually run off) - which may or may not work out as well as their legacy/run of assets have | williamcooper104 | |
06/7/2021 10:36 | The problem is that the market doesn't yet believe that that the company isn't 'eating itself' i.e. that part of that dividend isn't effectively a capital return due to the book running off. However, IIRC, Phoenix stated in its last results that new business is now matching the run off so hopefully it can begin to sustain itself. Whether the new business can be as profitable remains to be seen, though. | wmb194 | |
06/7/2021 10:34 | Can't see them keeping that dividend going. | montyhedge | |
06/7/2021 10:15 | It is probably one of the safest yields on the FTSE given their business model. | rcturner2 | |
06/7/2021 09:52 | Safer than GSKs was | williamcooper104 | |
06/7/2021 09:04 | Is that yield safe? | montyhedge | |
05/7/2021 21:47 | Except "something like a 7% dividend yield on that one" would be a bit more accurate! | edmundshaw | |
03/7/2021 06:54 | "Phoenix Group, where Swiss Re recently sold a 6% or 7% stake and knocked the price down a bit. I think that's a good buy. And you're looking again, at something like a 6% dividend yield on that one. So definitely load up on that one." Jim Mellon. | masurenguy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions