IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Quite agree, agree I’m not seeing higher highs, or lower lows on this one just yet,
Play the range, not thee day!
Much less risky imo
21:03, that kind of issue helps distinguish between folks who are traders versus value investors … both very valid ways to try to make money, but very different outlooks, strategies and tactics.
Not sure that I would advise buying and selling on movements in the 5% range. That's much more of a punt on market sentiment and you could end up throwing money away on those types of bets waiting for a price to fall when it could equally carry on rising. I don't understand how a share can be a "buy" at £1, but a "sell" at £1.05.
Average 479p and wont be taking any more profits.
Accumulated a very nice pot for dividends going forward.
The next buy will be trading shares!
gla
Average under a fiver and already sold some, may sell some more when they go 550 or add if they fall under 490, I wont average up, only down as always keep a large tranche for chunky Dividends
Best to sell a few when it runs up and buy them back 5% cheaper a week or two later
Usual pullback as per pathetic uk economy, to be expected as currently run by muppets and then a change over later this week by other types of muppets
@Alessandro: "What's putting investors off?"
UK shares are deeply unpopular... Most UK investors prefer companies such as Tesla, etc. The share price performance of the FTSE and PHNX has been terrible, though it's somewhat better when you include dividends. UK shares seem to have had a little boost lately - perhaps that's it? I've held PHNX for some time and from what I see, the dividend is sustainable. If we can believe what we're told, the business seems to be doing well and generating lots of cashg. Once interest rates start to drop the value of their bond portfolios should rocket and make the fundamentals look better as well. It's very hard to review the fundamentals of these companies, especially with the new accounting rules.
Your. opinion is iteresting and I also see. some uoside to the. sp but please. do not. consider the. so called analysts predictions - they knw nthing more then you and. i.
Since 2021 I have paid between 675 and 485 for PHNX so the divi has held me above water for the early buys, Hoping for 675 once interest rates fall and may offload the expensive buys
One would assume that the analysts' latest target prices would allow for some reduction in the base rate over the next 6-12 months.
Thanks TheTrotsky
M-D once the price closes above 530 following 8-9 daily consecutive higher lows indicating persistent price accumulation i.e. the train has departed from the station and is heading towards a retest towards 560 meanwhile further out consensus analysts' target price remains at 591.5 some 10% above here and potentially violating/breaking the 4 years weekly/monthly down channel resting somewhat above 567 Note also the monthly volume is above average for the past 4 consecutive months.. GLA
Alessandro, Whether or not PHNX can maintain the dividend is just one aspect that needs to be considered. You aslo have to consider the current "risk free" return on cash. The best 1 year fixed rate return on cash is currently 5.25%; so the yield on PHNX (and other high dividend yield shares) will always be 4-5% higher to reflect the additional capital risk. All other factors being equal, when the base rate starts to drop PHNX's share price should start to rise.
Why the jump today, another rumour or what??
I know the traders like lots of movement but I would prefer a steady increase. Still see this share as a win win, huge increase great to trade , if not great dividend that appears to be covered. What is not to like!!
HOPEFULLY this is the beginning move towards 650p....ATB
Lol I bought for 500p as the yield is too good to ignore, I can easily offset losses with such a high dividend. I guess retail investors would be more comfortable/less suspicious with a high price, but institutions must know more than a common person knows about valuing a company. They are the main drivers of share price movements.
My position is small, I'd add more but I was wondering if anyone knows any cause of concern.
Alessandro, I guess it's people who think like you.
Once the share price has risen to 650p, you can then buy for an 8% yield which will make you feel more comfortable.
Should I be suspicious about the high dividend yield, if the dividend was secure/forecasted to be well covered, I would expect a higher share price and a lower % dividend, 5-7%. What's putting investors off?
I'm in the Kentio club over here & just invest for the dividends. That's why my meagre pittance is currently positioned in individual high paying shares & I'm not that concerned about SP fluctuations.
I have learnt through time & experience that you might just as well put your money in tracker funds if you want growth, you have to be extremely lucky to call it right every time otherwise.
Once you have made some serious money in your funds & you get to a certain age you invest for dividends & spend them on the things that please you (in my case motorbikes) Good luck all.
Stockdale I agree the recent spikes in volumes have been profound, especially this last 2 weeks, a close above 560.50 could signal that the tide has turned and the boat is floating higher again GLA
Svend, The SP climbed to current levels on takeover rumours. It went up to 555p before the last ex-dividend. Dropped back below 500p subsequently. The pattern is there. It may change but there's little evidence of that right now. Being hopeful is the cross all share investors bear.
Kentio, book your next holiday to the U.S. - I can think of at least one geriatric who desperately needs your help.
Many congratulations, and for being mentally alert and internet savvy.
Although twenty years younger than you (I'll be 70 in a couple of weeks), I'm also a dividend hunter and earn enough from this to follow my passion in (shared) Racehorse Ownership, out of dividend income.
Stockdale consensus target price based on combined analysts covering the company is currently 591.46 so maybe this time the bird can flap its wings and fly past the 550 mark before it lands again. It's been knocking on these 530 levels for the past couple of months.
Generally goes to 550p+ just before ex-dividend. Then drops back after ex-dividend. So 550p is an easy prediction by mid to late September.