The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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With the fall in value of many small caps this could start moving into ftse 250 territory - always good for an uptick in value.
https://www.share-talk.co.uk/announcements/rns/chesnara-plc/director-pdmr-shareholding/202005010700065701L
a very decent buy from a non exec :-)
Good review in Investors Chronicle highlighting divi resilience and future prospects.
Yes, bit of welcome news in these dire times. Been a holder on and off for years in this stock and it has always been reliable. Judging from the inactivity on this board seems a well kept secret !
https://twitter.com/surprised_trade/status/1250369534223097857
Investors Chronicle today re CSN ..and recommend it as Buy
https://twitter.com/surprised_trade/status/1250315032321093633
continued to deliver strong cash generation, Economic Value increased significantly funding the dividend increase' .excellent results
https://twitter.com/surprised_trade/status/1244518146561761280
Proposed 3% increase in 2019 final dividend to 13.87 pence per share, well capitalised, solvency cover ratio of 164%, Operationally resilient - A divi payer increase
https://twitter.com/surprised_trade/status/1238864836777345031
divi , profitable, generates cash and has increased divi year on year and recently acquired new life insurance business
John Deane, chief executive, Chesnara stated 'The business is well capitalised, cash generative and profitable, while fulfilling our acquisition strategy of being economic value accretive, operating within our core target markets and offering a strong strategic fit at an attractive discount.'
https://twitter.com/surprised_trade/status/1233319143983763456
bargain price ;-)
why further up today?
why up today?
... and clear good couple of months here.
Bought back on the drop earlier in the week ;)
hat holding again!
I took my money out at 282 and have the shares as profits ..... so you could say the wind blew my hat off!
Temple, hat holding day today it seems!
ok. thanks
... but when CSN does move on the upside ... it will be quick and fast ... so hold onto your hat ;)
MMs are not charged for putting through sales on LII ... while an automated algo can happily pick random numbers of shares to trade .... what one needs to do in my view is look at the total of trades spewed out on buy versus sell side to gain a picture of long versus short ....
... difficult with CSN because the order book is light hence the volatile swings in price.
The real damage to the share recently was done by Millennium International Management LP last September ... it appears and shorts CSN every now and again ... probably still has a few short below threshold.
but 4 shares. Why?
HFT algo ....
What are all these A trades at 14.22.15 ? It it a conspiracy to keep a lid on the SP ?
2nd acquisition means this is back on 'beefing up' - I have held this share for over 15 years and its slow increase in share price and dividend has been fantastic.
Therefore, and only my opinion, I view the general decline over the last 18 months as an opportunity to bag a high yielding share.
As IC pointed out, if the price drops too low it will likely be bought itself by another player.
Back when I first bought it people were saying it was going to run out of business / cash - it was around £1.10 and paying about a 10p dividend (near 10% yield) - for the patient, it's always come up with the onions (or tulips perhaps in this case!)
Been trading between mid 260s and late 277s of late but maybe time to hold?