Phoenix Share Discussion Threads

[pete160] 17/8/2021 22:41

Hmm, yes, I thought the same with vod and with IMB - but they're both now half the price

[rogerramjett] 17/8/2021 21:34

Already my largest holding in the bluechip divi stocks PF. Will continue to add.

[richardbroughton] 17/8/2021 19:45

At 7% in ISA double your money tax-free in 10 years. End of! Unless it's a scam of course!

[schofip] 17/8/2021 18:03

Not everybody wants a dividend as it is income. A lot may have sold and will buy back ex div.

[spcecks] 17/8/2021 17:16

I’m happy to accumulate more shares at these prices for the long term and dividend.

[cwa1] 17/8/2021 16:40

Day early. XD on Thursday

Don't really see why it is a particular problem or "carry on" with it dropping on XD day either. That seems the only logical outcome barring any other mitigating factors

[my retirement fund] 17/8/2021 16:38

Blood bath tomorrow as it goes ex divided, what a carry on. The board need to hang their heads in shame.

[skinny] 17/8/2021 14:29

Porsche - it does beg the question, why on earth are you posting the same thing ad infinitum on a UK based BB - surely you'd be much happier on ?

[fenners66] 17/8/2021 12:10

That would be the same £/$ ratio up from about $1.21 to $1.38 in less than 2 years...
Clearly the trend was down to parity.... or not.

[porsche1945] 17/8/2021 11:35

@both

still a pathetic return, you would have 4xd your money on Amazon in that time. Dividend crxp a waste of time. Poor ceo and now this share overhang, will be under 6 ex dividend, like i said, buy US growth. Every time, plus your getting usd protection rather than being in dogsxxt sterling which is heading towards parity with euro and usd.

[panshanger1] 17/8/2021 10:57

Tempted but going to stick with strategy and see what happens after Swiss Re ( exit ?) end of September

[bothdavis] 17/8/2021 10:09

Since 2011 it has risen 50% and paid out dividends!!

[tornado12] 17/8/2021 10:09

Joined the party today with first Tranche @661p. It’s a long term divi income investment and extend my portfolio

[my retirement fund] 17/8/2021 09:29

What a total mess, they need to get a CEO and board in who know how to create value.

[dope007] 17/8/2021 08:43

The way it's going buying XD may be a decent move

[boystown] 17/8/2021 08:38

Rather arbitrarily, I've left a buy order for a few at 654p til tomorrow's close (XD from Thursday of course).

[rimau1] 16/8/2021 19:14

I’ve said it many times here over the years, buy in the 6’s and take some profit in the 7’s and always follow the directors. I only ever recall smart well times director buys here. Of course capital growth is limited but a very safe high yield and a little range trading provides a nice low risk return.

[rcturner2] 16/8/2021 15:58

I think the point about Phoenix is that it is a long term cash machine. We know what it does, it is slowly extracting value from the closed schemes (now with a little bit of other things on the side) while being very well run and very efficient at executing its business strategy. It is never going to set the world alight but pays a very chunky dividend while also providing a safe home for the capital with the outside chance of a takeover at some future point.

[skinny] 16/8/2021 15:53

And he probably paid for the lot....

[grahamburn] 16/8/2021 15:28

chris.... you should have emphasised that she has even more faith in the business (and maybe her spouse) than Briggs does himself as she bought more than him.

Mind you, haven't checked their total holdings so guess he's more than her anyway

[chris16041] 16/8/2021 15:11

Wife has also bought

[jonwig] 16/8/2021 15:06

CEO has spent £15,000.

[jonwig] 16/8/2021 09:11

Kirkie - it's hard to get an up-to-date handle on that: most of the charts I've found stop a year back, and they tend to be country or sector based.

However, CSs ballooned in March 2020 and most share prices tanked, not a particularly insightful observation, of course! And recently they have widened again on fears that the recovery may be aborted (delta variant). If you're going to look for CSs in evaluating PHNX, the hard bit will be getting short-term CS data!

I'm more inclined to accept technical issues such as possible sellers which some posters have remarked on.

[kirkie001] 16/8/2021 08:26

Anyone with slightly better access to information than me - can someone tell me what the correlation of the share price of PHNX is with something like a credit spread index? My guess its fairly high, but it would be good to see more detail if anyone has access to it.

And a supplementary - my guess is that it's probably the best correlation out there, absent something like a FTSE100 tracker or similar.

[pete160] 15/8/2021 18:37

Poorsh!t1945 - I rarely read your diatribes against just about every UK company but didn't you say that phnx would tank after the dividend not pre.?

I'm reasonably happy with the share price at these and (slightly) lower levels, as I'm just building a long term position here. IMHO the dividend here is as safe as it can be and if it drops much further, we will get in to the realms of either an activist investor or takeover territory.

As others have said on this and on other boards that you infest - if you don't like investing in UK companies why don't you do us all a favour and just eff off!?