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Dignity
Jul 3, 2021 10:44:33 GMT
via mobile
Post by easterndreams on Jul 3, 2021 10:44:33 GMT
Wow! I was buying this for £80 a fewew months ago, and now it has jumped to £105!
What is the good news? Without wanting to be too morbid, I would have thought this was one of the few businesses that must have seen better business during peak Covid ...
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Jaydee
Member of DD Central
Posts: 415
Likes: 791
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Post by Jaydee on Jul 3, 2021 11:18:10 GMT
The prices quoted on WA are not reflective of the open market rates. WA prices are generally 1.5% to 2% higher than market prices. The Stock Exchange, HL and Market Insider are all showing the Dignity Bonds trading at £88.50.
It would be good if WA had a live link to the open market to show Bond price movement and historical data.
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Dignity
Jul 6, 2021 0:03:29 GMT
via mobile
Post by easterndreams on Jul 6, 2021 0:03:29 GMT
Interesting, definitely the same bond? £88 Vs £105 is a bit more than 2% difference!!!
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Jaydee
Member of DD Central
Posts: 415
Likes: 791
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Post by Jaydee on Jul 6, 2021 10:30:13 GMT
Interesting, definitely the same bond? £88 Vs £105 is a bit more than 2% difference!!! My comment regarding the price differences was a general one. Some vary by much more. Checking the LSE price for Dignity today, shows a trading price of £88.50. The ISIN and maturity dates are the same as WA. This is an extract.................. 88.50 13EQDIGFIN 4.6956 12/31/49 Last close 88.50 Maturity Date 31.12.49 As at 06.07.21 11:03:43 - All data delayed at least 15 minutes
HL extract......................
DIGNITY FINANCE 4.6956% NTS 31/12/49 GBP1000 B Sell:£86.73 Buy:£90.27 No change * Prices delayed by at least 15 minutes Year high: £88.50 Year low: £74.00 Running yield: 5.306% Currency: GBP
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Dignity
Jul 7, 2021 7:55:58 GMT
via mobile
Post by easterndreams on Jul 7, 2021 7:55:58 GMT
Looks like HL hasn't registered any trades since April though, it's quite a stale price
I remember this did come up before and the claim from WA was that their prices reflect quotes from brokers for tradable prices today that are more realistic than the prices visible at some other venues
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Jaydee
Member of DD Central
Posts: 415
Likes: 791
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Post by Jaydee on Jul 7, 2021 9:53:21 GMT
Looks like HL hasn't registered any trades since April though, it's quite a stale price I remember this did come up before and the claim from WA was that their prices reflect quotes from brokers for tradable prices today that are more realistic than the prices visible at some other venues I would have expected the LSE site to be up to date for all transactions and they show the same price. In fact all 3 sites show the same level of detail and pricing. Whilst I accept that a few bond prices may differ from the general market rate, this variance applies to all listed bonds on WA. Are they pricing in Brokers fees etc, including their own costs. I may do some more digging on the general prices. I am finding it hard to get anything at par or below on WA and that's slowing my investment. Punch Taverns repaying had me scrambling around for something decent and I have a few others repaying later this year.
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Dignity
Jul 8, 2021 14:24:20 GMT
via mobile
Post by easterndreams on Jul 8, 2021 14:24:20 GMT
All of the platforms seem to be showing the same historic trade from April that was at 85
I suppose it is not obvious what the right answer is in this case
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Dignity
Jul 16, 2021 23:49:24 GMT
via mobile
Post by easterndreams on Jul 16, 2021 23:49:24 GMT
Now marked up to 106.37
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