Phoenix Share Discussion Threads

[jonwig] 18/7/2017 09:49

Recent broker views: HSBC Hold, tp 790p, Deutsche Buy 875p, Barclays Sell 673p.
(Barclays have been that for ages.)

Consensus dividend for 2017 is 50.2p (so 6.75% at 744p).

H1 Results 24 August.

[finkwot] 18/7/2017 09:38

The dividend's usually in October, isn't it?

[edmundshaw] 18/7/2017 09:38

More like 6.7% projected yield.

[woodhawk] 18/7/2017 09:27

Had some more this morning. Big fat divi soon. Circa 6.5% annual at this level. Nice.

[hvs] 17/7/2017 09:06

Just hedge funds churning.

Just wait for the the results and JUICY DIVI.

[garycook] 15/7/2017 04:47

Woody,I would agree with that,for sure.

[woodhawk] 14/7/2017 18:10

No idea, but I've been buying for the divi recently. General Summer malaise?

[deadly] 14/7/2017 12:56

So why the drop back to 750?

[poleaxe] 14/7/2017 12:45

I am 80 odd, i just tell them to F O.

[arf dysg] 13/7/2017 18:21

Nuisance calls are easy to stop. Wait until they've stopped ringing, then pick up the phone and dial 1471. If the number is one you recognise, you can call them back. If not, good: you didn't waste your time on them.

If you have a phone which shows the number which is calling you, even better.

[rcturner2] 13/7/2017 14:59

Yes the Carillion thread has descended into farce. Valhamos I have plenty of time for, but I think he was blindsided by the accounts there and I was a bit surprised he didn't agree with me. He was one of the few sensible posters on the thread.

[jonwig] 13/7/2017 14:51

MRF - LOL - squared!

~~~~~~~~~~~~~~~~~~~~~~~~~~

RCT - so I can call you Claire, now? (Actually, I think most posters here are male, and any known female ones are generally worth following!)

I see you've had a longish chat with Valhamos on the CLLN thread. Whatever the outcome, I think s/he's an accountant, having picked up an error in the GTLY results in Note 8 before I'd even got through the introduction! I did look at CLLN but long ago decided the weight of hedge fund conviction money was too much for me to risk buying. Don't bother visiting now.

[rcturner2] 13/7/2017 14:38

When my son was about 3 I used to let him answer the phone to practice his talking, some of the conversations were actually golden. The best one was when the caller said "is that Claire Turner?" and he said "yes this is Claire Turner"!

[my retirement fund] 13/7/2017 14:35

I dont have any friends at all so when my phone rings I know its a spam call and so I dont need to answer it.That said it is nice to answer some of these calls just ti talk to someone now and then.

[alter ego] 13/7/2017 13:55

finkwort, you can stop these nuisance calls. I just bought a BT 8610 phone. Only numbers in your contact list get straight through. Others have to say who they are and you hear this before you decide to accept or ignore the call. Most cold callers don't even bother. Any automated recorded call fails at the first hurdle because it can't speak its name. Might be worth a look. Since I've had this phone, it has blocked every nuisance call.

[lauders] 01/7/2017 01:58

Good to see that things continue to plan:

Phoenix Life confirms rebranding of AXA Wealth to Phoenix Wealth

[lauders] 17/6/2017 01:32

Webcast available now:

Investor relations say transcript early next week.

[lauders] 16/6/2017 09:57

The presentation slides will be available on the Company's website www.thephoenixgroup.com at the same time as the presentation. A replay and transcript of the event will be available on the website after the event.

What has happened to the bold part?

[jonwig] 14/6/2017 11:47

The Investor Day presentation, today:

[lauders] 12/6/2017 12:09

TMF articles are not exactly the best to take seriously I agree. However they are out there and people do take notice of them. While all the details may not be factually correct, not good as you state Hyden when being paid to produce them, I don't dismiss them entirely either as they may provide guidance on sentiment or mention something I was not aware of before. Take the good with the bad and apply the filters. Long term I think they are correct about the patience and Gary seems to agree too. Appreciate your input too edmundshaw.

[edmundshaw] 11/6/2017 20:10

How management generate cash from the closed funds is actually quite interesting and varied. The last presentation gives a good view of it, but it is not just synergies and risk reduction (though those are important contributors). One way, for example, is to inform people how they can cash in investments where it is appropriate, so PHNX then do not have to hold so much cash/investments against future liabilities and can reduce the buffer (so cash is freed up for distribution).

[jonwig] 11/6/2017 18:23

Hyden - I never read the Fool articles, they've always been very shallow and - at best - written for beginners. The discussion boards were generally excellent, but have been discontinued because, I assume, they were unprofitable.

[hyden] 11/6/2017 18:03

A very poor article in my opinion Lauders, clearly written by someone who has no understanding of the business. PHNX absolutely does not 'decommission' closed life funds, it actively manages them for the benefit of policyholders and shareholders. Synergies come through economies of scale and a pooling of risks.

And it is the capital released (and anticipated to be released) from the recent acquisitions that have allowed for the one-off increase in dividends.

There's no excuse for sloppy journalism. If they get paid for it then at least they should put in the effort to research the stock and sector properly. I am glad I don't subscribe and I certainly have no intention of doing so with sloppy journalism such as that.