ex-voda employee
10 Sep 2015
have I missed something? Market drops 1.5% PHNX climbs 2%. AML influence or something is afoot?
LoadsaDosh2
16 Mar 2015
Re: Budget changes? What about all the extra work involved in administrating this? At the end of the day Phoenix and other annuity companies will be handing cash back to pensioners and no longer have that money to manage so the business must wind down.
totalreturn
16 Mar 2015
Re: Budget changes? Surely there would be positives in this. Many old annuity contracts will have been made on out of date longevity assumptions and will be quite onerous now. Any chance to exit could be beneficial.
LoadsaDosh2
16 Mar 2015
Re: Budget changes? But with annuities dying a death, where are companies like Phoenix that rely on annuites going to make money? Look what happened to Partnership Assurance last budget day; share price halved. Same thing could happen here once it gets focus.
r21442
16 Mar 2015
Re: Budget changes? FS companies will ensure by lobbying and threats of legal action that any retrospective legislation introduced by the government cannot adversely impact them. If anything it will be viewed as an opportunity to assign transaction fees that make them even more money - win / win.
LoadsaDosh2
16 Mar 2015
Re: Budget changes? Sold mine this morning. See it as 'insurance' against PHNX doing the same as PA. did on last year's budget! PHNX is at a high anyway and around most broker targets. Results Wednesday should be good but I reckon that is already factored in the price.
shangha1
15 Mar 2015
Re: Budget changes? @loadsofdoshAm I correct in thinking that anyone who cashes in their annuity earlier will be taxed which may be as much as 40% for many? It is not the manna many expect.Like you, I am not sure what the effect will be on Phoenix as a consequence of the further changes announced today@oldjoeThanks for the graphs
LoadsaDosh2
15 Mar 2015
Budget changes? Will the proposed change to allow pensioners to cash-in annuities affect Phoenix? Seems like more and more business id being taken away from pension companies.
oldjoe1
25 Feb 2015
Re: PHNX...New High... PHNX Phoenix group new yearly and 10 year high , just keeps on going higher. P/E 15.5 plenty of room for more upside. [link]
oldjoe1
24 Feb 2015
Re: PHNX...New High... 24 Feb 15 Phoenix Group... Canaccord Genuity Buy 849.25 850.00 850.00 Reiterates
oldjoe1
17 Feb 2015
PHNX...New High... Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Phoenix Group Holdings from GBX 915 ($14.11) to GBX 925 ($14.26) and gave the company an overweight rating in a research note on Monday, February 2nd. Analysts at Canaccord Genuity reiterated a buy rating and set a GBX 850 ($13.11) price target on shares of Phoenix Group Holdings in a research note on Wednesday, January 14th. Analysts at Berenberg Bank raised their price target on shares of Phoenix Group Holdings from GBX 825 ($12.72) to GBX 888 ($13.69) and gave the company a buy rating in a research note on Wednesday, January 7th. Finally, analysts at Deutsche Bank raised their price target on shares of Phoenix Group Holdings from GBX 740 ($11.41) to GBX 855 ($13.18) and gave the company a hold rating in a research note on Tuesday, December 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. Phoenix Group Holdings presently has an average rating of Hold and an average target price of GBX 571.82 ($8.82).Phoenix Group Holdings (LON
HNX) opened at 833.50 on Friday. Phoenix Group Holdings has a 1-year low of GBX 560.52 and a 1-year high of GBX 853.50. The stock has a 50-day moving average of GBX 820.6 and a 200-day moving average of GBX 768.1. The company’s market cap is £1.875 billion.Phoenix Group Holdings is a United Kingdom-based company that acquires and manages closed life insurance businesses that are in run-off. It operates life assurance business, which include management services, through Phoenix Life. Phoenix Life is responsible for the financial and operational management of the closed life funds with the support of the management service companies and outsources service providers.
oldjoe1
03 Feb 2015
Re: PHNX Top Triangle Breakout...... PHNX having another try at breaking out from a bullish top triangle. Once through prev top new up leg should commence.[link]
oldjoe1
30 Jan 2015
PHNX Top Triangle Breakout...... PHNX, lovely top breakout ascending triangle. Target should be width of base of triangle approx 60 points therfore SP TARGET 900p[link]
MRBIG
02 Dec 2014
its Aviva wots done it...
