JohnOfYork
29 Mar 2018
Re: 2017 results "I suppose it's a bit ahead of inflation." Says it all really, and at 5.24% yield I'm not complaining.
methilman
29 Mar 2018
2017 results A 2.98% increase in the annual dividend seems miserly when compared with the results and the dividends being paid by the various divisions. A 0.01p increase in the final would have brought it over 3% - a psychological boost, no? I suppose it's a bit ahead of inflation. Market seems underwhelmed as well.Mm.
Laraghs fund
24 Nov 2017
Re: How many shares does the CEO hold ? And the CEO has now bought another 10,000, to bring his total up to just under 30,000
Laraghs fund
23 Nov 2017
Re: How many shares does the CEO hold ? None of the Directors hold more than 20,000 shares, which looks very low for a company of this size.
EssentialInvestor
23 Nov 2017
How many shares does the CEO hold ? Take a quick look...
electrocash
21 Nov 2017
Re: 4% drop today? Having held this share for something like 15 years, I have seen this kind of thing has been seen many times before, with no explanation then, or now.
forddrive
21 Nov 2017
Chesnara A bout of nerves here. Is it warranted? Thank you.
takeiteasytoo
17 Nov 2017
Re: 4% drop today? Given the fact that Chesnara operates in a sector that generally does not suffer from over-hype and excitement, the only things I can think of are that there may be something less than favourable in next week's Budget that someone has let slip or the recent FCA investigation was not quite as conclusive and final as believed a couple of weeks ago. No big trades that I can see to give us a clue, so we will just have to wait and see.
strapuk
16 Nov 2017
4% drop today? Can't find any logical reason for the 4% drop. Anyone got any thoughts?
strapuk
04 Oct 2017
Re: Should I Stay or Go? Bought at 255p a few years ago and just forgot about them. Yield on cost now approaching 8%. Will probably hold these until I peg it frankly, but as previous poster, wouldn't top up at 400p. Now if it dropped below 300p ...
budu
12 Sep 2017
Re: Should I Stay or Go? Noted with thanks. I will stay for now.
Guitarsolo
11 Sep 2017
Re: Should I Stay or Go? Budu, that's a tough one! My take on CSN, for what it is worth, is that it is a well run company in a boring sector! It's a difficult business to get your head around (and I don't profess to have). There is always the lingering doubt that the source of the closed book portfolios will dry up, or be priced too high to make a profit. But CSN has done well so far. It also has increasing international exposure (NL and Sweden).The divi is solid and increases slowly. Recent news confirmed that part of a potential FCA probe has been closed with no adverse effect. That removes some potential pitfalls for sure. So, should you stay or should you go? Your choice m8! Personally, as an income investor, I'm happy to stay and pocket the divis. Long term hold in my view. Short term, I have no idea! But I don't think I would add at £4 a share. The yield drops below 5% and isn't well enough covered at that rate to tempt me to buy more. Better bets elsewhere. Guitarsolo
budu
08 Sep 2017
Should I Stay or Go? Seems to be the highest price now in 5 years. Is the way still up, would posters think?
Guitarsolo
07 Sep 2017
Re: FCA probe? Well, that's one of the investigations into Countrywide Assured closed. RNS today:"We note the FCA announcement this morning relating to the closure of one of the investigations into the disclosure of exit and paid up fees announced on 3 March 2016. As reported in the Chesnara half year results published on 31 August 2017."….The investigation into how Countrywide Assured disclosed exit fees to customers, initially announced on 3 March 2016, is ongoing. We have provided the FCA with all information requested. Discussions are ongoing and given the narrow scope of the investigation we retain our opinion that the outcome from the investigation should not have a material impact on the company…."We continue to work with the FCA with the aim of bringing this investigation to a conclusion as quickly as possible."
Guitarsolo
04 Sep 2017
Re: H1 results Reading CSN's results in full is a Herculean task! But from what I have read they appear to be another solid sets of results and makes me feel confident that the current management have the same feel for the business as the previous chief (sorry, forgetting actual names). I am happy to see divis rise consistently at the expense of being too generous. There seem to be a few one off gains so I hope they are looking at the core earnings. Plus, keeping some cash back for acquisitions is sensible in order to replace the closed-book business that by definition dies away (sorry, bad use of words there!). Buying at the right price (as they seem to have with Waard Group and LGEN NL) is the key. CSN remains a stalwart of my portfolio - about 8% by value (2nd highest), 6.5% of total divis (#5 on the divi ranks in terms of cash). 390-400p seems a fair price to me, circa 5% yield set to grow steadily. I have probably got enough to remain balanced but would be tempted to add another couple of thousand shares if the portfolio grows overall - but would wait for market weakness and/or a correction for that. For now, it's a solid hold for me. Guitarsolo
