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PHNX Phoenix Group Holdings Plc

516.00
28.00 (5.74%)
Last Updated: 16:28:29
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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  28.00 5.74% 516.00 515.00 516.00 531.00 487.40 490.00 10,895,278 16:28:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 22.81B -116M -0.1159 -44.95 5.22B
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 488p. Over the last year, Phoenix shares have traded in a share price range of 436.40p to 590.60p.

Phoenix currently has 1,001,100,000 shares in issue. The market capitalisation of Phoenix is £5.22 billion. Phoenix has a price to earnings ratio (PE ratio) of -44.95.

Phoenix Share Discussion Threads

Showing 1651 to 1675 of 10725 messages
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DateSubjectAuthorDiscuss
23/3/2016
07:37
Dividend maintained, and the statement saying why is pretty much the same as last year's.

As for life fund consolidation, don't hold your breath:

... there will be further consolidation in the UK life sector as existing providers struggle with issues such as heightened regulatory scrutiny, increased capital requirements and shortages of skilled personnel to manage complex legacy products. Phoenix Group has the expertise and operating model in place to take advantage of this changing environment and I look forward to the Group examining further opportunities to grow the business. However, we will only make acquisitions that are value accretive, would at least sustain our current dividend per share and would support our investment grade credit rating.

Group MCEV falls to 1115p from 1174p last year.

I don't see much to jolt the share price either way, but haven't read everything (of course)!

jonwig
23/3/2016
07:31
Where will we go today Gary
stevenrevell
23/3/2016
07:25
R2,And that is what PHNX has delivered.
garycook
22/3/2016
20:59
Everybody all set for tmw? The share price is telling us a positive story.
R2

robsy2
18/3/2016
08:43
The good news is that these closed books are always worth more to a larger consolidator due to the ability to free capital in the combined entity. The question of over-payment really comes if PHNX have to compete with other zombie funds for the book. Given the recent weakness in DB you'd hope that they can negotiate a good deal.
dangersimpson2
17/3/2016
17:57
That is the worry!
R2

robsy2
17/3/2016
17:34
Good find, thanks. A success we hope, but at the right price?
jonwig
17/3/2016
16:35
Are we about to bid for Abbey Life, parent company Deutsche Bank certainly need to raise capital.
yupawiese2010
13/3/2016
10:29
I think they are still adjusting to the Solvency 2 requirements and restructuring the finance accordingly. I think in the next few years there will be very good returns from the share, but we may still be in pause mode at the moment.
rcturner2
13/3/2016
04:58
jonwig.It is about time PHNX produced a Special Dividend for us loyal holders,if profits are good,like all the other Insurers like ADM,BEZ,DLG !!!
garycook
12/3/2016
06:26
GARY - I'd be cautious about any meaningful dividend increase, as they'll want to preserve cash for the consolidation efforts, and progress there is well overdue!
(Consensus is for 53.4p, 53.67p, 53.95p in 2016, '17, '18.)

FY results are scheduled for 23rd March.

jonwig
12/3/2016
05:31
Should get back to 950,but a Dividend increase would be nice and is due,the same as other Life Insurers and especially HSD
garycook
11/3/2016
19:41
Lets get 900p cleared and out of the way.

These ultra low rates must be good for insurers who get money in the market very cheaply.

rcturner2
04/3/2016
07:23
FT article, includes:

the FCA’s findings could be a catalyst for deals in the sector, as mainstream insurers look to offload their closed-book business to specialist providers, which may now be able to pick up the business at attractive prices.

“This might stimulate senior management of some insurers to lance the boil and let stagnant books go on to the market for sale, leading to an expected increase in deals,” said Bruno Geiringer, an insurance partner at law firm Pinsent Masons.


About time PHNX pulled off some deals!

jonwig
03/3/2016
09:27
Hi Jonwig - a request.

Back in 2007 you started the LSR thread. In recent years and in recent months especially it has become quite active as the liquidation programme progresses.

Could you possibly update the Header - perhaps just with the updated shareholders list.

skyship
03/3/2016
09:21
Chesnara have issued a holding RNS promising all due co-operation and process. In other words, "We haven't the faintest idea what's going on but what else can we say?"

Share price is down, but it's a volatile stock anyway. [Holding co. of Countrywide.]

jonwig
03/3/2016
07:59
Odd to see no RNS even from the listed companies within the six, eg Prudential and Old Mutual.
scburbs
03/3/2016
07:46
FCA thematic review preliminary results out. Six firms set to have further investigation on exit penalties. PHNX not up amongst them, although not clear from RNS press release whether their exit penalty disclosures have been reviewed.
scburbs
02/3/2016
16:56
The Group is a closed life assurance fund consolidator that specialises in the managment and acquisition of closed life and pension funds, and operates primarily in the United Kingdom.

Measured by total assets, the Group is the largest UK consolidator of closed life assurance funds. The Group has over 4.5 million customers and £47 billion of life company assets held by the Group’s life companies. Contact us direct: Investor.Relations@thephoenixgroup.com










Phoenix sponsors an independent industry report looking at the future of the life and pension industry





View our complaint handling results for the period 1 Jan to 30 June 2015.





Phoenix Group has announced its Q3 Interim Management Statement.





Phoenix Group is proud to announce inclusion in Britain's Top Employers listing for 4th consecutive year.

phoenix group plc
02/3/2016
14:31
Final Results due 23/3...
speedsgh
02/3/2016
10:35
yes but will it hold above 900p this time?
rickyy
02/3/2016
08:14
Very pleased with this price action, hope to move through 900p soon.
rcturner2
17/2/2016
19:47
Yes, a large uncrossing trade at the close of business has been a feature of this stock for some weeks now. Not every day, but more frequently than most stocks.
coolen
17/2/2016
15:52
I've been topping up as well. Lots of doom and glooom and bad sentiment about but the insurance sector is widely tipped and this remains an investment oasis . a bit too boring perhaps for some but for me it is a legacy business that pumps money and is trading at a discount to real asset value. I am not expecting a cut in the divi, so I treat it as a high yield deposit account.
R2

robsy2
10/2/2016
10:05
Likewise today dennistan; cannot resist the yield!
sogoesit
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