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I think anything under £6 ia great value historically for Phnx and with the recent results, they look to be a more resiliet business than ever. The large increasing dividend yield definitely adds up nicely over time as a return each year.
Thanks for the replies DeepJoy and Armani. I'm in the same boat, Phnx is an investment I feel I can sleep at night holding, especially with the large dividend cash yield for just holding our stakes. It definitely looks very undervalued at the moment, on a historical basis
Yep I know the feeling of Limit Prices set not going through. I'm back in now and only made a couple of shares, I'm in this for the long term, just trying to accumulate some more shares with all the uncertainty around the current issue. Like you've said before, this seems to me like it could easily almost 2 bag in the next 2 to 5 years, any divi's on top of that are going to be a bonus
It's bad, but I wouldn't be too disappointed if this stayed lower for longer as I'm trying to accumulate as many shares as possible. With the house shortages in the UK, I'm sure it will rise nicely at some point.