Phoenix Share Discussion Threads

[bishan bedi] 03/11/2016 10:21

Thanks guys

[deadly] 03/11/2016 10:04

Officially the latest time and date for acceptance, payment in full is 11.00am on 8 November 2016, but practically depends on the broker.

[skinny] 03/11/2016 09:49

Noon tomorrow with HL.

[bishan bedi] 03/11/2016 09:44

Is today the final day for uptake of the rights?

[rcturner2] 03/11/2016 07:57

I have more than 50% cash at the moment, so have an eye out for a few bargains.

[jonwig] 03/11/2016 07:54

RCT - yes, I sold my rights last week - part of my strategy of going to cash.

On a Trump win (reckoned about 28% chance according to one pundit), a broker I was talking to thought it might be a bit like the FTSE after Brexit, crash followed by bounce, but for different reasons. Essentially a President Trump would be a lame duck from day one, with zero cooperation from both Houses, plus attempts to impeach for possible tax fraud. Gridlock would be good for stocks!

[rcturner2] 03/11/2016 07:28

I suspected that this would happen, seen it with other big rights issues. There are a lot of new shares in the market and increases supply lowers the price. I am waiting for lower to buy back in. If Trump wins there will be serious market turmoil.

[gbill11] 02/11/2016 21:41

edmunshaw
Old price = ( NewPrice*19 - 508*7 )/12.

which means the NewPrice = (12 * OldPrice + (508*7)) / 19

Old price was about 875p therefore new price should be about 740p

On that logic you would think buying at 700-710p is a bargain.

[wllmherk] 02/11/2016 21:26

yep, pretty confident these will recover though.

wllm

[deadly] 02/11/2016 20:42

Big drop at the bell, before the take up tomorrow.
Shorters were having fun or people selling to avoid the financing.

[cwa1] 27/10/2016 08:33

Morning

FWIW I added a few this morning. Looks a fair, if unexciting, price level to get in at to me IF there isn't a major market wobble(entirely possible, I concede). Hopefully should stand me in good stead over the medium to longer term. Fingers crossed and good fortune to all holders.

[garycook] 27/10/2016 08:25

To all PHNX shareholders. I have today put a Limit sell order on my holding in PHNX of £10,to stop Shorter,s from loaning the shares from my broker,which they can do for a fee,without me or you knowing about.I suggest you do the same.

[rl34870] 26/10/2016 17:06

Can anyone tell me the amount in pence I need to add to the ex rights price to get a meaningful comparison with the pre rights one? Presumably it must be around 132p?

[edmundshaw] 26/10/2016 09:20

Hm, some arbitrage opportunity here a few minutes ago PHNN vs PHNX... didn't last very long!

[garycook] 26/10/2016 07:59

Totally agree with you there Jon.

[jonwig] 26/10/2016 07:50

Skinny - thanks. I found a different way - take the html info for PHNX in the header and substitute PHNN in the code.For some reason I thought I'd be barred from using html.

TDD have a deadline of end-Thursday 3 Nov to act. The dividend is certainly attractive and they've always had good delivery of cashflow forecasts.

[grahamg8] 25/10/2016 17:42

Well I missed a trick there. Bought some ex rights shares when what I should have done is buy nil paid and coughed up the balance of 508p when due. Could have saved around 3p per share overall.

[skinny] 25/10/2016 15:16

Jonwig - if you copy and paste the code below, it should post the above.

<img src="http://uk.advfn.com/p.php?pid=legacyintra&epic=L%5EPHNN&type=1&size=1&period=a&amp;freq=1&ind_type1=1&ind1_1=&amp;ind2_1=&olx_1=&scheme=&delay_indices=DELAYED_INDICES" alt="p.php?pid=legacyintra&epic=L^PHNN&type=1&size=3&period=a&amp;freq=1&ind_type1=1&ind1_1=&;ind2_1=&olx_1=&amp;scheme=&delay_indices=DELAYED_INDICES" />



<img src="http://uk.advfn.com/p.php?pid=legacyintra&epic=L%5EPHNX&type=1&size=1&period=a&amp;freq=1&ind_type1=1&ind1_1=&amp;ind2_1=&olx_1=&scheme=&delay_indices=DELAYED_INDICES" alt="p.php?pid=legacyintra&epic=L^PHNN&type=1&size=3&period=a&amp;freq=1&ind_type1=1&ind1_1=&;ind2_1=&olx_1=&amp;scheme=&delay_indices=DELAYED_INDICES" />

[jonwig] 25/10/2016 15:10

Thanks Skinny. As a black peasant I don't think I can move that into the header, but I'll try later.

[mister md] 25/10/2016 14:26

TDW - have received them now

[shauney2] 25/10/2016 14:17

stun,ditto with AJ Bell.

[stun12] 25/10/2016 14:10

Arrived in AJ Bell (youinvest / Sippdeal) but valued them at 751p which has rather flattered my account. Although I apparently paid 233.25p for them. I seem to have the right number though.

[mister md] 25/10/2016 13:31

TD also slow - nothing received yet