CHESNARA

This has a dreadful chart for last few months.
Didnt know why.
But it appears that USB has disposed of 4.2million over recent period which I think probably accounts for depressed 2 mths.

Strong points are its projected yield of 8.67% .
Peg of .36 and projected Peg of .29
Projected Profit 50% rise.

I have held these from about 98 before disposing of them at about 170 and re-buying some at 169 and 155 and 158 after recent drop on 31/102005 when it dropped probably due to USB sell..
Also bought some CFDs

My guess is that it is going to recover fairly sharply.

BDYOH

Interesting spike up by 4% at the close of play. Something brewing?

Doing some research at the mo and this one came up again (maily because of high Divi) .

Some Institution activity over the last few weeks, Lloyds, New asset, and another lot. have you two been paying attention and If you have what are your feelings about this one now?

Results out this Thursday.

I've held for a couple of years now Stan and the sp has done very little. However the dividend alone makes it worth holding for the long term IMO so happy to sit tight at present.

Thanks Q1, What I would be looking to do Is to get the divi and not lose out SP wise.

ie: Come out as the SP returns to It's exdivi price.

Best of luck then Stan!

I see the sp is up 5p to 174p today after a fairly subdued period. I bought these shares at 185p in February this year, as I thought they may well be swept in by a larger predator, while the yield at 7% wiped their face. Substantial shareholders at 23rd March 2007 were as follows:-

Alliance AG-------- 12.80%
Legal & Gen.------- 3.23%
Treadneedle Ass.Man. 6.37%
Morgan Stanley Sec. 3.10%

Lloyds TSB -------4.12%
New Star Ass.Man 9.57%

Yield looks well covered and holding may well be one to add to on further weakness, if caused by further interest rate rises. Any views ? Sorry about the many posts, I pressed the wrong buttons.

They got a positive write-up in the latest Investors Chronicle.

Much obliged Queen1, I will look out for the article.

Noticed these have been shooting up and down over the last few weeks, whats occurring with all this activity, anyone know?

I did trade this earlier on and although I made a bob or two was perplexed by the spread of about approx 1% variable and occasionally the market size.
Another thing which caught me was the expected drop in SP at time of x-div did not occur for a week or two at the time I was holding it.

They have traded sideways 153-188 since July 06 always expected them to trade higher.

With the yield this would be a couple of years in an ISA or SIPP. Bur I think longer holding may be more difficult. Projected turnover on its present model are slowly dimminishing although yields are not.

Good luck!

Business Financial Newswire
"Life assurance company, Chesnara says that results for the 9 months to 30 September 2009 are likely to be significantly higher than expected.

The Group says that the acquisition of Moderna has produced an exceptional profit of between 52.8m and 56.8m due to the increase in the embedded value at acquisition over the purchase consideration.

Likewise the recovery in investment markets has helped the rest of the Group insofar the fees charged to the underlying unit-linked funds , for both the UK and Swedish businesses, vary with the size of funds under management "

Panmure Gordon broker target 230p. Also prospective dividend yield of 9.1%

Henderson just offloaded a few I see.

A rare riser this one today, up 1.34%.

Rather echoing Stan's last remark!

This has suddenly perked up since late this morning. Being shoved up on the bid.

No news on the announcements list........

Last time I looked the other day it was 205p (now 235.75p), I keep on missing out on this one.. I put it down to lack of sleep due to excessive World Cup viewing-):

More like old age!

8-)

Can't hear you can you speak up? -):