Phoenix Share Discussion Threads

[spcecks] 23/8/2021 11:48

I’m sure they will recover as the fundamentals have not changed……;I’m just taking advantage of the weak share price and adding.

[rogerramjett] 23/8/2021 11:38

Yep. Disgraceful. 10% of the PF but continues to slip to stupid levels.

[skinny] 23/8/2021 11:10

These have now slipped to my third largest holding by value - I'll continue to hold but no plans to add at this point.

[pdt] 23/8/2021 11:02

At 600p the yield is 8%, I would have thought there would be good interest in Swiss Re's remaining 6% holding at that level. The last time I looked Income Funds had yields around 5% so you would have thought a relatively large stable financial dividend payer would be attractive.

This now represents 10% of my holdings so although I like it I cannot add any further :(

[panshanger1] 23/8/2021 10:42

Relentless drift down continues Might breech the 6 level whilst the Swiss Re holding hangs over this

[williamcooper104] 21/8/2021 13:38

To be fair at least Aviva didn't pay anyone to come up with their silly name

[essentialinvestor] 21/8/2021 13:25

AV. has just increased their interim payout by 5%.

[skinny] 21/8/2021 13:20

"The insurance company formerly known as CGNU is changing its name to Aviva, in order to demonstrate its "life, growth and vitality" as it set its sights on growth.

To fuel that growth, the insurer, created from the merger of Commercial Union, General Accident and Norwich Union, stunned the City by announcing it would cut its dividend by 40% to save £350m this year".

[my retirement fund] 21/8/2021 12:51

I've been self investing in the stock market for 35 years now and I don't think a can recall a year in those 35 where someone has written an article about Aviva or whatever they called themselves back then, about them cutting their dividends.

[jubberjim] 20/8/2021 14:20

Apologies

Got ahead of myself 1 sell 1 buy same price same amounts Lyons the name
Might be transfer between the two parties again apologies

Will await clarification but staying out for time being

[montyhedge] 20/8/2021 14:14

When directors sell, thats the bell ringing moment to get out for me.

[jubberjim] 20/8/2021 14:10

Am watching this with view to buying but bit taken aback to see couple of directors selling

Not large amounts but will watch a while further before committing

Take care people

[fenners66] 20/8/2021 13:53

I posted this elsewhere for a similar discussion

Dow 30 stocks
FTSE 100 stocks

FTSE weighted average

DOW not a weighted average - just share prices divided by a number.

If you took the top 30 stocks in London 21 years ago and applied the same maths as the Dow , what would that look like ?

I have not done it , but I know the basis of the calculation is different .
I suspect that done the same way the difference would be much less.


As said above if you take the dogs in the FTSE eg VOD they may have collapsed but they are still in the FTSE , whereas the DOW would have replaced them with some out-performer...

Another valid point above would be dividends reinvested. Over the last 20 years I suspect lots of those US growth stocks paid next to no dividends. Whereas the FTSE has had what? 4% annually?
Compound that over 20 or 30 years and I suspect the results are much closer.
30 years at 4% compound is 324%

Its choose your own statistics time and "prove" your point.... apples and pears
or perhaps so far apart its apples and potatoes.

[spcecks] 20/8/2021 12:39

Also added again.

[purplepelmets] 20/8/2021 12:34

Hang in there Rog, sure your buy yesterday will be in the money v soon.

[rogerramjett] 20/8/2021 12:32

FFS. Just constant bleed out. Even the purchase yesterday by the CEO was poorly timed.

[rogerramjett] 20/8/2021 12:06

Added another tranche for the PF.

[rogerramjett] 20/8/2021 12:06

Added another tranche for the PF.

[rcturner2] 20/8/2021 11:48

Most of my profit has been in small and medium caps I only hold a small number of large cap shares.

Polar Capital is a good example. A very well run investment manager and runs a huge US tech investment trust, so should appeal to you.

[porsche1945] 20/8/2021 11:40

@ rcturner. Discussing how bad or not the ftse is, well, its not so much like fiddling while Rome burns as arguing who holds the violin. Especially after the sell off of last three days. It cant even hold above 7000. Ten per cent below where it was 20 years ago. FACT. Pitiful.

It’s not about being fashionable to knock U.K. its about being objective, you cant make rational investing choices when imbecile politicians are busy dragging everyone into self harm ( austerity plus brexit ) I doubt you have been “ coining “ anything much in ten years in the ftse frankly.

There are some trades that do scream, when Aston Martin was 18 quid I knew ( as it had gone bankrupt 6 times before ) and the U.K. cant manufacture cars on its own, stuffed full of PE debt, it was doomed, what a short, the profit on that short from 17.80 to pennies paid for my holiday home, at the same time I bought Tesla, i told everyone on that AM site to do the likewise and got same pushback I got on here, I guess most of them lost about 95 pc of their money poor flag waving idiots. The US market will keep rising over time becos the companies are far far better and ALL the liquidity is there. The U.K. is going nowhere and with its medieval productivity all they can do is keep devaluing sterling, do you really think fat boris and little Sunak are going to be able to halt the decline thats been going on for 30 years plus in the U.K.? It is a “ trade “, not an investment. This now looking a trade too, buy low 6’s sell low 7’s, why bother with the dividend?

[edmundshaw] 20/8/2021 11:31

If Porsche wants to compare the FTSE100 from the top of the 2000 bubble to now then we are up around 10% in 21 years. Choose from 2003 and we have doubled.

Doubling in 18 years is not wonderful, but if you recall that the dividends from the FTSE are subtracted from its performance each year, the performance is adequate.

Still, if you are not buying just at the peak or the trough and not being selective about what you buy, you cannto really complain when returns have still beaten bank interest (and inflation) by a very decent margin...

[skinny] 20/8/2021 10:09

I can't find a source - there are plenty of articles, these two being typical :-