Phoenix Share Discussion Threads

[pj fozzie] 28/2/2019 12:26

Yeah - well "technically" you're correct. But what's a few days between friends....

[zangdook] 28/2/2019 10:56

If I interpret this correctly, it will be from March 18 but technically isn't yet. I may have it wrong.

[pj fozzie] 28/2/2019 09:17

The definitive confirmation: hxxps://www.ftserussell.com/files/press-releases/ftse-uk-index-series-quarterly-review-march-2019

Phoenix is now a FTSE 100 company :-)

Cheers,
PJ

[doubleorquits] 27/2/2019 11:06

Correction noted!

Maybe it is JE. instead of AVV then.

[pj fozzie] 27/2/2019 10:49

doubleorquits - that is NOT confirmation - that was guidance as to likely changes based on a price snapshot on Fridays close. The actual final decision is based on last nights close and is announced after the market closes tonight.

At the top of the document you link to is the following statement:

"PLEASE NOTE: The actual review of the FTSE UK Index Series will be conducted using data as at market close on Tuesday 26 February 2019. Confirmed rebalance changes will be announced after market close on Wednesday 27 February 2019."

Cheers,
PJ

[robsy2] 27/2/2019 09:07

Nice bit of threadwork . Well done snd thanks.
R2

[skinny] 27/2/2019 08:14

Thanks for the links.

[masurenguy] 27/2/2019 08:06

There are already buyers @700p this morning. :0)

[doubleorquits] 27/2/2019 08:01

Confirmation:



AVV seems to have made it ahead of JE. - so I got that wrong! However, got the important one correct!

[doubleorquits] 26/2/2019 17:18

This is the site I use:



And this is the my preferred site when updated:

[skinny] 26/2/2019 17:06

doubleorquits - do you have the link for the position table please.

[doubleorquits] 26/2/2019 16:47

Yep, it seems PHNX has done it in 87th position. JE. will join PHNX in FTSE 100 from March 18th.

[pj fozzie] 26/2/2019 16:36

Well a slight nudge up at the end of the day to close at just over £7 - that should be enough as far as I can see to put PHNX into the FTSE 100. I think at 89th place - but await tomorrows announcement with interest....

Cheers,
PJ

[spittingbarrel] 26/2/2019 15:59

doq - Thanks for the update, keep us posted

[cwa1] 26/2/2019 15:07

GVC seems to be making a spirited push upwards ;-)

[pj fozzie] 26/2/2019 13:36

Well based on share price movements today - it's looking pretty good for FTSE100 membership.

Awaiting market close,
PJ

[edmundshaw] 25/2/2019 22:32

thanks for the update doq. Be interesting to see how the price action plays out...

[doubleorquits] 25/2/2019 21:17

The mkt cap calculations will take place at close of business tomorrow - so PHNX needs to be 90th position or above (unless either WG. or GVC fall below 110th in which case PHNX will need to be the top ranked FTSE250 candidate).

PHNX is 87th at close of market today.

[speedsgh] 25/2/2019 14:15

FTSE UK Index Series: Index Review Reference Data cut-off dates for 2019 -

[cwa1] 25/2/2019 13:59

My notes suggest review is Wed 27/2, changes effected Mon 18/3

[pj fozzie] 25/2/2019 13:18

Still looking good for FTSE 100 - what day is the snapshot taken for promotion/demotion decisions?

Cheers,
PJ

[my retirement fund] 21/2/2019 13:38

Seven pounds a stones throw away. This could have a very life in the FT100. £10 in a few years time anyone?

[lauders] 21/2/2019 01:10

Becoming part of the FTSE100 would be nice and just in time for the results on the 5th March:

Hopefully the very positive trend will continue on delivery of good results and dividend news.

[edmundshaw] 20/2/2019 20:32

Good point double. Perhaps explains the buying recently.

[doubleorquits] 20/2/2019 16:58

By my calculations PHNX will, if it retains its position until next week, enter the FTSE 100. It has a market cap at the moment that puts it into the index in 90th place. All still very close but falls in TUI and BKG today put them below PHNX now (they will not be eliminated, that dubious honour is held by WG. and GVC at the moment).