I think there are better ' bets ' ! in the sector. NETPLAY TV for instance is in rude health, growing its subscriber base and heavy booked advertising around the time of the World Cup, also has a good cash position & rising dividend. Odds / On compared to Ladbrokes I reckon
Well the div's date been past and Phoenix is rising fairly nicely, The ex div probably accounts for 30p in the price so I think the FCA review appears to have been almost entirely discounted. Not a rocket share but I see new highs approaching.
Everybody bar the Times is tipping this stock, Ignis sale as a good thing reducing debt burden, Shares at £6 to £6.50 yielding a solid covered 8 %. Embedded value at around £9.50 to £10. 1% profit from annuities so no damage there. FCA investigation a total damp squib as far as Phoenix is concerned. Even the FCA has back tracked. Free to roam with your pension pot can only and will help solid good yielding companies like this SHELL, GSK etc. You may not get rich quick ....but you will tick up steady and slow without too many alarms. Certainly a good buy in my book at anything up to £7.50 with the FTSE at around 6600 to 6700
I looked at AML when I came out of Aviva ( did well but hit my automatic stop loss so I sold, then it went back up ) That said I sold out of Tesco and Ladbroke, both at little profits due to stop losses set, so you win some you lose some. Back to insurers I decided to put my Aviva proceeds into PHNX because of the yield and some potential uplift. Did'nt go elsewhere cos I too did'nt want to be overweight on insurers. Up a nice nearly 4 % today probably buying ahead of Ex div BUT still a good sign
Yes buying today should be fine. When all the dust settles I see this as a good buy and hold share, Probably NOT one for the ' traders' . With the amount of cash this company is ' throwing off ' and an inbedded value of £9.50 - £10 it really looks as ok as any share ever looks. The financial ' probe' is obviously an unwanted attraction but that looks to be well considered in the price now. When the market starts to pick up the yield should help the shares nudge up slowly but surely
I bought at 7.30 for the 7% income within my Isa couple of months ago, Decided to take a chance lunchtime and topped up with another 70% of my original investment at 5.62 with all my cash left in my Isa, Reckon for the first time ever I hit the dead low !! That part will yield me nearly 10%. Reckon mid to long term I'm going to be sitting pretty. Feeling fairly smug BUT ............time will tell. and ex div fairly soon next wek Just read the Companies response and it looks fairly plausible and responsible
On a 14 month view so we get March 2014 results plus the following March 2015 I really think this could be a winner. Well funded, Good history of completion of targeted project, Several well founded profit and earnings upgrade, Indian power needs rising with wind & hydro getting cheaper and Coal etc getting dearer and dearer. If Greenko carries on doing what it has done well for the last 3 years I believe as do many other a large and creditable upside
Considering the rise in the last few days I was quite impressed with the way the shares held up today. I must admit when the market started sliding I was expecting a finish at 94 / 95 p. Perhaps ? there is quite a bit more upside when things settle. Medium term Ukraine will have little overall effect on share prices, and to be honest when that region has settled some other country will hit the buffers !
Yep great news on ZYT today, still looking good for income and hopefully back on the growth trail again. I can't really get my head round today !! its a red letter day for me. I have a total 15 holdings & 3 of them are ZYT, EMG, and JUPITER FUND MAN. !!! There will never be another day like this for me sharewise quite exciting. Good luck to all ZYT holders hopefully there is more to come & I sincerely hope that for other share owners like me good things come in THREE's Lummox