Phoenix Group Holdings - Re: PHNX Stream Log - This stock is way too...

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Re: PHNX Stream Log
12:02 26/06/2014
Aurelius
0 replies 0 0

This stock is way too cheap. It has underperformed FLG and CSN, the other closed-life consolidators, since the FCA's foul-up and has considerable recovery potential in my view. The yield is now close to 9% and debt is coming down quite fast in the next 2 years, so dividend looks covered from cashflow going forward.

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