Phoenix Share Discussion Threads

[fenners66] 06/11/2024 17:19

Some people may be unhappy having bought at 565 or so, but a look at the chart tells us this has been volatile enough for years , buy on the troughs not the peaks and get an even better yield...

[dope007] 06/11/2024 16:23

Going to be tempted to add in my ISA if this keeps dropping due to rising Gilt yields

[shbgetreal] 06/11/2024 15:57

'Ricardo' you've been spouting the same for years - oddly you disappear/reappear exactly in line with PHNX trending up/down. Any one with a pair of eyes can track you on here, and on LSE. Pretty amateur, all in all.

Meanwhile, temporary lower price good for flushing out nervous holders.

[ricardo montalban] 06/11/2024 15:49

U.K. and Europe will be utterly fukt. Sterling and euro both getting vaporised. The bigger better ftse listed stuff that’s still left will be relisting and moving domicile to US fast to get around Trump tariffs, he knows that, the dollar milkshake theory….the US just sucking in more and more value whilst draining everywhere else, reserve currency, owns all the tech and has the wealthiest population whilst Europe heads for the U bend. Hardcore U.K. recession coming and endless weak sterling since brexit fiasco sucking in more inflation as U.K. imports everything especially energy and it’s all priced in USD. As for Phnx…weeeeeeee back to sub 4.40 as bonds tank in value again as risk premium yields rise.

[gbh2] 06/11/2024 15:25

Yep and the ftse traders usually wouldn't dare go against that.

[spawny100] 06/11/2024 15:20

Meanwhile DOW is +1300! Wtf?

[dope007] 06/11/2024 15:15

UK Gilt yields rising isn't helping and if they carry on watch them crash the UK which is already in a bear mkt from it's high

[gbh2] 06/11/2024 15:14

Looks completely screwed atm!

[skinny] 06/11/2024 15:00

And now -20.

[dope007] 06/11/2024 14:54

UK +100 to +10. It would be funny if this wasn't a multi decade trend!!!!

[yump] 06/11/2024 14:33

If phnx was an isolated high yield stock then I’d be worried.

So either a whole pile of large businesses are risky, or the difference between 11% and 8% isn’t really significant, given gilts and savings accounts are at 4-5%.

Phnx are just at the top of the high yielders.

[alotto] 06/11/2024 14:04

Months - Don't be instructed by the market but let the market serve you.

[montyhedge] 06/11/2024 13:59

11% yield, for me that's a red flag for a FTSE 100 company.

[kirkie001] 06/11/2024 11:27

No, he's not joined as CEO - he's joined as CFO. Good appointment, IMO - got a lot of City experience and a details man.

[bbd2] 06/11/2024 11:06

1.73% short.

[yump] 06/11/2024 10:56

As I understand it, think that is the gilt to look at for clues.

[cassini] 06/11/2024 10:46

US 10 Year treasury is at 4.43% this morning, up quite a bit from yesterday.

[justiceforthemany] 06/11/2024 10:32

Former CEO of Prudential Asia has joined as CEO, highly experienced.

UK gilts are actually down.

Shorts pulling share price down as usual.

[yump] 06/11/2024 10:10

Depends when you buy and why.

[netcurtains] 06/11/2024 10:07

Big dividends are in vogue just had from NS&I they are reducing interest rates

Direct Saver 3.75%
Income Bonds 3.69%/3.75%

[cherryandwhite1] 06/11/2024 10:04

I'm not sure a brilliant dividend is worth the depreciation in share price. And then having to wait 6 to 12 months for the share price to recover. This has happened a few times here now. All the positive talk from the board seems to make no difference.I will wait for the share price to recover a bit then out ( good dividend or not) too much of a waiting game for me. Better value elsewhere I think.

[davethehorse] 06/11/2024 09:56

Hold or sell?

[cherryandwhite1] 06/11/2024 09:55

This is taking a bashing on no real bad news. 6 weeks ago this was £5.65, a drop of almost 14%.

[wllmherk] 06/11/2024 09:47

Only one of my stocks down this morning, but, like a few others added to my postion. Hopefully the election result in the US should be good for markets, a rising tide lifts all boats and all that.

wllm :)