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PHNX Phoenix Group Holdings Plc

501.00
2.60 (0.52%)
Last Updated: 08:43:04
Delayed by 15 minutes
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 Shares Traded Last Trade
  2.60 0.52% 501.00 60,145 08:43:04
Bid Price Offer Price High Price Low Price Open Price
500.00 501.00 503.50 500.50 502.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 22.81B -116M -0.1158 -43.31 4.99B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:41:50 AT 336 501.00 GBX

Phoenix (PHNX) Latest News

Phoenix (PHNX) Discussions and Chat

Phoenix Forums and Chat

Date Time Title Posts
20/11/202420:22::: PHOENIX GROUP ::: [Moderated]6,308
28/8/202422:40The Phoenix Group PLC178
24/7/202312:46PHOENIX GROUP ::::::::: Zombie Fund6,827
02/3/201616:56Phoenix Group latest news and comments-

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Phoenix (PHNX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:41:50501.003361,683.36AT
08:41:50501.008504,258.50AT
08:41:50501.004782,394.78AT
08:41:50501.001,5827,925.82AT
08:36:28501.241,0005,012.40O

Phoenix (PHNX) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Phoenix Daily Update
Phoenix Group Holdings Plc is listed in the Life Insurance sector of the London Stock Exchange with ticker PHNX. The last closing price for Phoenix was 498.40p.
Phoenix currently has 1,001,590,564 shares in issue. The market capitalisation of Phoenix is £4,991,927,371.
Phoenix has a price to earnings ratio (PE ratio) of -43.04.
This morning PHNX shares opened at 502.50p
Posted at 06/11/2024 10:04 by cherryandwhite1
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.
Posted at 31/10/2024 21:58 by fenners66
I ran some numbers on the cost increase of hiring people on minimum wage especially 18-20 yr olds and its horrendous. Add in new "rights" and I can see it being very tough for the inexperienced young to get a job in future.
I think that points to stunted future growth no matter what the Govt may say.
Interviewee on the radio today said there is already a skills shortage in the construction industy of c900k people.
Chats with those in the industry confirm smaller firms not taking on apprentices as they are too expensive for what
they contribute, blaming Blair everyone can go to Uni as well still.

But the budget massively increases govt borrowing for next several years and gilt rates have started going up.
As borrowing and borrowing costs rise , expect more piled on top. I do wonder if we will actually reach a tipping
point in the next 5 years.

Add in govt starting with caving into union demands for >inflation wage rises , something its bound to continue and you get inflation. NLW adds 10.5% to wage costs for 40 hours a week next year - that has to be passed on via higher prices or reduce jobs.

So I suspect there will be higher inflation next year , which in turn will push gilt yields.

As said previously higher interest rates = lower gilt values and mark to market gives an excuse (not necessarily a reason) for PHNX share price to fall.

Waited for this to sink into the market together with Pensions losing their IHT protected status and share price could go lower still.

I still think the yield is safe and great - just rather be getting some at the low , when we get to it...
Posted at 31/10/2024 11:29 by gbh2
I spent mine yesterday, in the misguided hope that phnx share price was on the turn.

Sent today's actual divi back to bank, next years holiday fund :)
Posted at 24/10/2024 19:48 by fenners66
shbgetreal
How will PHNX be impacted - same way as always

If Reeves really tries to borrow another £50bn along with running a deficit that is only going to get worse as she hands out public sector pay rises like confetti , which will lead to wage inflation , which in turn will impact public spending on pensions (triple lock) and and general inflation to keep up - and breathe - then , the impact will be on govt borrowing costs , which will put up gilt rates and decrease values , which will have to be reflected in mark to market on the PHNX balance sheet despite the hedge that they are held to term to match liabilities , which still spooks markets and impacts on PHNX share price.....

Does that cut it for you ?

I saw nothing in your post , that was relevant to PHNX by the way.
Posted at 10/10/2024 02:35 by garycook
Phoenix Group
Experienced a pullback in the second half of last week. And investors clearly saw this as a great opportunity to buy the high-yield dividend stock (the yield today is 10.2%).It’s worth looking at why the share price fell however. It seems to me that the driver of the weakness was a downgrade from UBS. In a note to clients, the firm downgraded Phoenix Group from Buy to Neutral and lowered its share price target to 530p from 610p. “Low solvency and high leverage remain risks to the investment case“, they wrote.

While debt here’s a risk, I might consider this stock if I was seeking income from my investments. Dividend coverage is low, which isn’t ideal. Yet the company’s generating plenty of cash. So the payout should be secure in the near term.
Posted at 03/10/2024 09:07 by mcunliffe1
Sound investment advice there Syoung82.

A. Average Down your SP
B. Sell All

What about, do nothing, top-up, top-slice (if above water).

I considered topping-up but as I have a total of about £74k in insurers/pensions/investment companies (PHNX/LGEN/ABDN) and that's about 50% of my investments in the SIPP I am a bit top heavy.

I'm invested for growth - be that by share price increases or divi reinvestment to enable me to draw-down a chunk each March primarily to fund my holidays.

PHNX fits the bill nicely as although the share price was above my avg earlier in the week my actual investment of £30k is now £32,600. Not brilliant, but nice and steady. This over a period of purchases starting in March 2023 thru' Sept 2023. None since apart from the re-invest of div's.
Posted at 28/9/2024 08:08 by netcurtains
Devon: as you can see by this chart the relative rise of PHNX compared to the rest of the high dividend stocks goes back to end of May/Jun..... Its not solely due to ex-dividend dates but rather the dividend itself.
Yield Situation on 28th Sept::

PHNX 9.45%
MNG 9.43%
LGEN 8.99%
ABDN 8.75%

By yield PHNX is still the cheapest share price to receive biggest dividend.
I think we get about 4% yield this dividend date so max I see it falling is round about that sum.
It depends if the day it goes ex-dividend is an UP day or DOWN day for LGEN and the rest...
Its a toss of the coin. With holding you definitely get the 4%. With selling you are gambling on the fall..
Posted at 24/9/2024 11:37 by jubberjim
Further to my sad lament this morning

Abdn dividend landed this morning so if and it's a mighty big IF the phnx share price could take a little nose dive before 3 October wouldn't be too unhappy but chances are slim but we live in hope

Good luck
Posted at 20/9/2024 06:39 by jubberjim
I under normal circumstances take a fool recommendation as a sign to do the opposite but this close to ex dividend will be looking to buy but hopefully at a better level than present.
Unfortunately think lots of other dividend hunters might be off the same opinion so will be looking instead at Abdn which indirectly has a 10% cross holding and might provide a better opportunity in light of the movement up late yesterday in the Abdn share price.

Will buy Phnx if it slips again before ex dividend but happy enough with my sells at moment .

Markets and share prices are beginning to stir and the 'quadruple witching' might provide further opportunities today and over the next week.

Apart from that and small forays into markets happy to hold until results of Presidential Election is known.

Expect maybe interest rate cut but not until after the Rachel Reeves 'Budget'

Good luck today everyone
Posted at 13/9/2024 07:03 by devonbeachbum
Good to read that most are happy shareholders here and in profit despite the share price fall. My average is 566 but divi avoidance and buying back ex divi (or anytime later) seems to be the best way to get my average down without more capital outlay. Worked nicely for me on LGEN and without having a crystal ball recent history suggests possibilities here. March's results were fantastic and the immediate share price increase was quickly followed by a mass dumping after Ex divi date. On a 50/50 divi split like this may happen again, tho the possible interest rate reductions cloudy the waters a bit.
Phoenix share price data is direct from the London Stock Exchange

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