Member Info for Rojen3

I just opened a large new position here also at just under £8.35, long term this looks good IMO, incresing divi, improving Balance Sheet (albeit at current investor dilution, which waan't great) and one hell of a moat.

Thanks for the replies Fangkat and Jem also, it's appreciated.

I'm temped to trade the share somewhat Fangkat, but still see it as really good value at these levels, so I find myself being a bit hesitant. I may have a go over the coming weeks, as I've traded with some success here and there on other shares (and some not so much of course :)). Good to see you made some profit/lowered your average from doing so.

Cheers for the replies Sparhawk and Sean Max, always interesting to see.

I have to agree with you Sean Max, once this FCA Investigation has more clarity on costs and is mostly over, there's a good solid business under this, that should hopefully trade back at where it was in short order.

Just wondering what everyones averages here are if anyone is willing to share? My average is £4.72 with 4,450 shares. Cheers

You're not alone there, I picked up a lot way too early, my buys were at £4.89, £4.86, £4.79 and £4.56, as I thought the update was much better than I expected to be honest. Long term this is a very good price IMO

I've loaded the boat on its way down, good update and we get a big drop, thanks mr market

Doris and her hard wprk ethic was one of the main reasons I invested in PHNX. Absolutely devastated she's going

Cheers for all the replies guy's, always interesting to see

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

Hey everyone, just wondering what people's share averages on this board are for Phnx, if anyone's willing to share?

Mine sits at £5.0326

Cheers

I just realised you said there would be a "placing" and I don't think that's gonna happen though IMO

I'm in big here, but I have a feeling you may be right. To be honest, I will be buying more if that is the case, so can't complain if it goes either way.

Very true and agreed. I mean also to be honest take a look at AT & T today, down over 2% only for a data breach on more than an apparent "7 million client accounts".

Is anyone else going to buy more when it drops? Long term this is already crazy cheap IMO

It's good to see they're focused on paying down debt in the current environment for sure

I'm so confused about what BOA are doing with their shares in these RNS's? They're picking them up and then dumping them again by the looks of it, didn't know BOA carried on like day traders? I dunno

I was trying to do the same, but Limit Orders didn't go through. Long term this stock's a steal IMO, but short term it always seems to drop and I'm thinking it will tomorrow

Agreed, a quarterly divi, like a lot of US LIsted companies would be much more preferable and as you say, have less of a big impact on share price on ex divi day

Agreed, 500m of debt being paid down and a nice divi yield, with increases going forwards. Very happy with management, even if the market decides to make it drop.