Chesnara Share Price (CSN)

Hi SK. You're right. I've just had another 5k nibble at 252.5. It would have been too rude not to.

Hello Pangloss. I'm a LTH of this and add during weak periods (like now). Spread under 1% at the moment (acceptable). With a 9% yield this must be at (or near ) basement level barring market meltdown.

I couldn't agree more SK. Personally, I don't care too much about the share price as I'm not looking to sell; I'm just collecting the generous and predictable dividend. The quality of earnings is fantastic and there are only two things put me off buying more: 1 it forms quite a large portion of my portfolio already, 2 the spread is usually quite wide

It's so predictable. CSN only rises up during dividend time. The rest of the year is always down. This time seems even worse. It could drop to below 240. Think I have to set my buy order at a lower price now.

The one drawback I see is that the dividend has continued rising by just 3% a year, despite inflation being much higher over the last 3 years. I suspect that will continue if we have more high inflation in future. That's why I recently reduced my holding by 1/3, though I must admit I'm thinking of buying it back again (at a slightly lower price), as I'm having difficulty finding anything else I want to buy at the moment, especially with most other shares prices having gone up.