Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Just depends if Barc can get to 250p and nwg to 350p like those bb’s are predicting,
I’m very tempted to switch all my funds to here
If you are looking for income switching from Barclays and Nat West to Phoenix looks like a good idea. I've not been monitoring Barclays or Nat West but I don't think they pay as well as Phoenix dividends. The lower the price you pay the higher the return. Seems obvious to me but then I'm not you.
Lol wrong one!
Trek
Hi all
Just wondering if I should sell my Barclays or NatWest shares and put in here? Opinions ? Not advice , just opinion.
NatWest my average was 185, now sp is 304
Barc avg 155 now sp 204
The banks are high and phnx is low, that’s my reasoning for considering moving my funds
Trek... That is not this company for gawd sake... This one has been around for over 150yrs !!
Positive AGM feedback….
H.E. Mr. Tariq Abdulraheem Al Hosani, Chairman of the Board, expressed his enthusiasm about the company's trajectory, "This inaugural AGM not only reflects our commitment to transparency and governance but also celebrates our successful transition from a privately held company to a publicly listed entity on the Abu Dhabi Stock Exchange. This strategic move is a testament to our solid foundation and forward-looking approach, positioning us to further capitalize on growth opportunities and enhance shareholder value."
Mr. Seyed Mohammad Alizadehfard (Bijan), Co-founder & Group CEO, commented on the company's future, "2023 was a transformative year for Phoenix Group, underscored by our robust financial results and strategic expansions. As we continue to adapt and innovate within the dynamic tech landscape, our focus is on leveraging cutting-edge technology to enhance our product offerings in order to ensure we remain at the forefront of the industry. Our goal for the coming years is not just to keep pace with the industry but to set the standards that others aspire to reach."
Looking forward, Phoenix Group is poised for continued growth in 2024. With a robust core business, strategic partnerships, and a favorable market outlook, especially in the crypto sector, the company is well-positioned to capitalize on emerging opportunities in a dynamic economic landscape.
Shareholders and the market can expect more positive developments in the coming months as Phoenix Group aims to reach new heights and expand its market presence.
https://www.zawya.com/en/press-release/companies-news/phoenix-group-plc-announces-outstanding-2023-financial-results-and-strategic-milestones-at-inaugural-agm-ho2mbtsg/
Trek
Good timing guys! Note on cnbc today the market narrative is changing to oversold following the US GDP figs. Expectancy is still one cut though probably September.
I think earlier with elections in US and for UK. Get some life back into the housing markets especially at home!
Still what do we know eh. We just seem to be lucky!
Usual caveats
Kylie!
Added a few myself today,and if they go lower will add £1390 divi from Nwg
Topped up a little today at 480.2 with fees. See if it goes any lower and will add more in May/June when divis come in
Oh, to be sure, trek baloney is certainly a colourful character. Full of lies and fantasy, but colourful.
Barclays? What do they know?
"BARCLAYS Q1 PROFITS FALL 12% AS MORTGAGE DEMAND SUBDUED
(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.
Pre-tax profit for the first three months of the year fell to £2.2bn from £2.6bn a year earlier and slightly better than its own consensus forecast of £2.195bn.
Loans and advances to customers fell by 1%, "reflecting subdued mortgage lending amid lower market demand", the bank added, while deposits were fell 2% as savers chased better rates elsewhere after years of paltry returns.
Group income fell 4% to £7bn, while net interest margin - the difference between what the bank charges for loans and savings - fell to 3.09% from 3.18%.
Income at its investment division fell 7% to £3.32bn after a strong performance in equities was more than offset by lower fixed income trading and weaker merger advisory fees.
Loan default impairments fell to £58m, compared with £113m last year.
Reporting by Frank Prenesti for Sharecast.com
Trek's posts are outstanding against a sea of grey.
UK ten year gilt is highest for 5 months...
Both US and UK ....
High US ten year yields?
Oversold or not. It hasn't stopped the SP from sliding down again today, strangely. There must be some desperate for cash. Can't be any other reason. 🤔
Not helping with bond proxy types shares like this sadly...
By the way, panamapete, '... This must be a good sign that PHNX will rise back toward 550p. Good luck to you & your boiler room boy chums in supporting the shorts but you know your time here is limited...'
Would you care to show me where I've been critical of PHNX in any way in my posts here, or anywhere else ? It's ok, I can wait.
PanamaPete, I'll just refresh your memory and remind you I began posting about DEC when it was at double today's price, and paid a dividend THREE times higher than the current payout. Obviously you're another one with an aversion to the truth.
Greygeorge, it’s good to see you on this board. Last time I read one of your posts was on DEC when the share price was iro 850p, since when it has risen to nearly 1100p. This must be a good sign that PHNX will rise back toward 550p. Good luck to you & your boiler room boy chums in supporting the shorts but you know your time here is limited.
Clued, since you ask '...What 'proof' do you have that he's not genuine ?!!...' Let me ask you a single, simple question. Assuming you actually buy and sell shares, have you ever placed a 'stop' order to set a limit sale higher than the price your shares are trading at at the time you place your 'limit order' ? The ONLY type of 'stop' order it's possible to place on any UK investment account is a 'stop loss' order, and it's an impossibilty to set a 'stop loss' at a price HIGHER than your sheraes are trading at at the time you place the 'stop loss' order. Therefore, trek baloney has shown himself to be a fantasist, or a liar, if you will.
Be a massive bounce on this very soon, star performer and similar dividend in later summer, re investment time to come and ftse at an all time high, whats not to love and a bargain under a fiver is an absolute steal
Good article trek - music to my ears
Oh deer
Roger moore increases it to 8.50