Member Info for Sean1986

Rather than call names, and be that keyboard warrior, perhaps stick to facts the subject matter that is Phoenix?

The problem here is it is falling a little behind the pack whilst the CEO trumpets his plan. Until that day this is now a bit of an underdog against its competitors.

It could be he gets it right first time and we all see 300p in a few months… or it could go badly.

He would surely have been working on this plan when he was told the job is his, that fact alone suggests he didn’t get to work in the interim; not a great trait.

I’m hoping this stays here for a couple of days, this is a trading stock, so with my Aviva dividend I’ll be back in on Thursday am, hopefully.

GLA

Hindivihunter, it was a post made on here or ADVFN. I haven’t seen it in the broadsheets, but this share price is well and truly dead at the moment, which may suggest the city knows something.

I have used HSD, AJBell, HL and now use I use II. AJ Bell were good, but not cheap, though they have now raised their game. II is cheap, has an informative site and is quick with replying to secure messages.

Gary 59, I hope your inane and pointless post wasn’t aimed at me! I’m not a trader.

I do trade stocks, but let’s ask you a question… how many XD days has MNG dropped more than the divi, do you analyse?

You say every trader, that’s a silly comment too. Where are you getting your facts? It seems you enjoy making baseless facts, backed up by nothing!

GLA

Hi Robles. I am genuinely making a profit!

I am in the build phase at the moment so twice a month I add if the share is around 205. Once it’s through I will set a limit order to sell for 10% profit, so circa 220. I suspect it will sit low now for a couple more months before the divi hunters come in. If I don’t realise my 10% profit I will sit it out until a week before the XD and sell then. Post divi it tends to fall significantly more than the divi, when it is then a volatile share, there’s where it all starts again.

I’m up this year by £2k and hold more shares than I did in January. I’m trading with 20k shares at the moment, and if the price defies logic I will take the divi.

Would I be better off just building? Scary question but I don’t think so. Last XD I had realised profits and bought more Aviva which rose.

December 31st is when I’ll run my figures, but suffice to say if I sell anything it’s always at a profit… so far. Like I say I sat on these for years to get my 250 back, since then it’s been a reliable trader.

What I’m now worried about it the exposure to Thames Water, that could stump us all for a couple of years.

Thanks TT. That does allay my fears, and you’ve explained it excellently!

I think I will invest, and although it looks fantastic on the site, I will temper myself… limit to what I could lose, though I don’t expect to!

If you don’t mind me asking, what else do you invest in?

Sorry to ask a noddy question. I was going to buy these with my II account, but when it came to trade it took me to a question form asking if I was experienced, and warned that I could los it all too quickly to react to etc etc.

Filled that in and then after accepting the quote it too me to another warning page. I stopped there.

I’ve been trading shares for 30+ years but this was intimidating and seriously got me worried about what sort of fund this is.

Is there a real risk to this one as opposed to every other stock?

I am a long term holder from Covid. I bought near 250, got out at a minuscule profit and since then I trade this share. Near divi day is easy picking, and at the present price I can see a good 7p profit. It’s a trading sine wave, nothing more.

£xx,ooo every 4 weeks or so, a nice plane Jane profit machine.

Those that hold no matter what are also skinning the cat, but sit for ages on cold money that is locked in.

You are.

Wasn’t a single trade, it was a cumulative deal which could have been in progress for weeks etc, it only gets announced when it is complete.

I don’t think we are looking at a market correction. Economy growing, a market that has written in a change of government, an independent bank about to reduce rates and value pickers in the US starting to buy.

The market is cyclical and as long as you are divested you are mitigated.

Is MNG involved in Thames water? There must be a reason it’s not running with the pack?

I have a small holding here as I liked the results, and am considering doubling my holding as the dividend is a nice step up from a bank or BS.

I think a lot of Friday was to do with several factors.

The £250,000,000 debt reduction in on go was significant, not just because it saves interest but it also proves PHNX is generating the cash to do so, and pay the dividend. Algos take time to reflect these facts, hence the delay.

Other factors include the US starting to notice the bargains here. PHNX is a small fish to the US funds, and if it is eaten up it may be that the shares are bought by cash generating funds to supplement growth.

We are sat on a ticking time bomb, let’s hope we are ready.

Stronly!! A few beers too many, a good day to celebrate!

Looks like our market is set to fly on Tuesday. A nice change, and perhaps there’s news coming for Phoenix!

Got to be in it to win it.

GLA for those that are holding.

I think the reason this share is like the ginger child at the moment is its exposure to Thames Water. It may well be about to take a spank, so hopefully that is now written into the price.

Accumulating slowly, and hopefully this is overdone.

I think the reason this share is like the ginger child at the moment is its exposure to Thames Water. It may well be about to take a spank, so hopefully that is now written into the price.

Accumulating slowly, and hopefully this is overdone.

I got back in yesterday, it was a harsh post dividend correction. I can see 3/4 p today as a slow recovery occurs. I don’t see 300p this year, but do see 280p by year end.

The new team are mute and conspicuous with their silence.