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

Looks like a top up by Standard Life Investments Ltd. late this afternoon.

Interim mangement Statement.

· Increase in EEV to £312.7m (at 31 March 2012) from £294.5m (at year end), predominantly due to positive economic experience and assumption changes of £19.9m, net of tax.

· EEV profit increased to £17.7m (Q1 2011: £6.2m).

· Profit on an IFRS basis before tax for the quarter of £13m (Quarter 1 2011: £3.5m) is underpinned by UK product-based surpluses which remain strong at £10m.

· Solvency ratios remain strong with Group at 201% (31 December 2011: 198%), CA at 213% (31 December 2011: 183%) and Movestic 242% (31 December 2011: 245%).

· Movestic has generated £6m of Embedded Value, with the recovery in Swedish equity markets more than compensating for continuing difficult operating conditions.

· Shareholder equity on EEV basis (pre proposed final dividend payment) at 31 March 2012 £2.72 per share (31 December 2011: £2.56p per share).

· As at 16 May 2012, both UK and Swedish markets have fallen back to levels broadly as at the beginning of the year and hence investment market driven growth in Q1 has reversed.

· Acquisition opportunities continue to be examined.

Half Yearly report

· IFRS profit before tax, excluding exceptional item, for the six months ended 30 June 2012 increased by 145% to £9.3m, (2011: £3.8m)
· Earnings per share (on IFRS basis) of 6.19p, (2011: 2.79p)
· On EEV basis pre-tax profit for the half-year of £20.3m (2011: £0.4m)
· Shareholder equity on EEV basis (pre dividend payment) of £296.3m - £2.58p per share (31 December 2011: £294.5m - £2.56p per share)
· Net cash generation of £12.4m compares favourably to first half of 2011 (£6.7m)
· Capital release of £7m, arising post 30 June, following successful de-authorisation of Save & Prosper companies.
· Group solvency ratio remains, post dividend, stable at 198% (30 June 2011: 198%)
· Countrywide Assured's solvency ratio remains healthy at 213% (30 June 2011: 254%). Movestic's solvency ratio of 277% (30 June 2011: 189%) also remains above target
· 6.1p interim dividend per share declared (2011: 5.95p), an increase of 2.5%
· Board remains confident about future dividend flows
· Search for value adding acquisition opportunities continues

This Company I like.

Stan,

Hello.

So do I.

Only wish I had more of them.

Obviously there have been trading opportunities along the way, but for the last 18 months this stock has been a very poor performer! What's the attraction?

9% + yield!

Henderson sell 25,000 shares http://www.moneyam.com/action/news/showArticle?id=4439410

Ex dividend on Wednesday 6.1p - these have failed @ £2 twice this year.

Excellent volume here today.

skinny, how do you get the bigger candle stick on chart, when i try only get thin line not like your chart above??

BB - try adjusting the size - the one above is size=700.

Thanks skinny, it not the size that counts........where have i heard that before.... it's the time scale. On 1yr you only get lines, 6mths or less = bigger candles

A reduction by the look of things.. What do you make of it then fans? http://www.moneyam.com/action/news/showArticle?id=4470430

Interim Management Statement

Steady progress in continuing uncertain markets


· Increase in EEV to £305.8m at 30 September 2012 from £294.5m at 31 December 2011, net of the impact of the distribution of a £12.5m dividend in May. The increase is predominantly due to £18.4m of pre-tax profit emerging as a direct result of investment market performance.

· EEV pre-tax profit for the nine months ended 30 September 2012 of £29.6m (nine months ended 30 September 2011: loss of £(59.8)m).

· Profit on an IFRS basis before tax for the nine months ended 30 September 2012 of £20.1m, excluding exceptional item (nine months ended 30 September 2011: loss of £(8.9)m) is underpinned by UK product-based surpluses which remain strong at £16.9m.

· Net cash generation of £30.1m for the nine months ended 30 September 2012 (full year 2011: £25.4m). The 2012 cash generation includes £7.0m resulting from the de-authorisation of the S&P companies following the Part VII transfer.

· Solvency ratios remain strong with Group (IGD) at 216% (31 December 2012: 198%), CA at 256% (31 December 2012: 183%) and Movestic 280% (31 December 2012: 245%).

· Movestic generated £7.9m of Embedded Value in the nine months ended 30 September 2012 (nine months ended 30 September 2011: loss of £(20.5)m), with the recovery in Swedish equity markets more than compensating for continuing challenging operating conditions.

· Shareholder equity on EEV basis (pre interim dividend payment of £7.0m on 15 October 2012) at 30 September 2012 of £2.66p per share (31 December 2011: £2.56p per share).

· Acquisition opportunities continue to be examined.

Steady progress indeed Skinny by the looks of it today, SP up over 3%.

Continuing to move up and away. High yielding shares have had a good run recently as income seekers have been buying (stand up Lord Gnome).

One of the few in the sector that I don't own atm.

Yes a cracking Divi, but SP down on my purchase so keep going up you fool.