BlackPrince
17 Oct 2017
Re: Results When will we get a return to the heady days of a +£3 SP though?
Jack_Walsh
26 Jul 2017
Results Look pretty decent.No obvious nasties.Expecting a positive day!
kolwezimundele
22 Jun 2017
Sterling I would have thought that as Sterling falls (and may well continue falling over Brexit) this coy becomes more attractive. However not reflected the SP - maybe I'm missing something????
kolwezimundele
14 Jun 2017
Re: Drop I agree and have entered with a small exposure. Seems under-priced ATM in spite of the Polish issues. Must keep its dividend at current levels, tho'.
Krayl
10 Mar 2017
Re: Drop We have seen a broker estimate of 238p and for once this seems very reasonable. We can expect the price to be below what it was trading at before the announcement of the drop in profits - but surely not by much. This is still an extremely profitable company with a low p/e ratio and a high dividend which is very well covered, and considerable cash reserves.I have bought into this in a fairly big way and I am looking to increase my stake. The problem is that the markets are not always logical!
Jack_Walsh
01 Mar 2017
I'm in! This seems to have fallen far enough to be worth a punt - especially as the divi will provide some protection over the long term.£60pp at £1.62.
ShipTap
14 Dec 2016
Re: Drop Yes, I will : different to now.
xbrian
14 Dec 2016
Drop Is the drop in price a bit overdone? Anyone hazard a guess as to where it will be in 6 months?
romaron
30 Aug 2016
Thawing Hopefully this will go towards creating a more favourable environment for IPF in Poland. Part of an FT article today. It is in their interest to appear 'banker friendly'.===The Polish deputy prime minister will arrive in London on Thursday armed with incentives, such as training grants and tailored degree courses, to entice senior executives at some of the biggest banks in the City that have shown an interest in shifting jobs to the continent.“Many of them have approached us,” Mateusz Morawiecki said. “There is clearly increased interest in leaving London.”He said talks had begun with financial institutions in London about moving middle- and back-office operations to Poland. Some 50,000 people in Poland already work for international banks.Mr Morawiecki has scheduled meetings with senior executives at Royal Bank of Scotland, UBS, Barclays, BNP Paribas, Citigroup, Credit Suisse and others during the visit, according to documents seen by the FT. Meetings have also been set up with executives from investment fund managers at Schroders, Pimco and BlackRock.However, Poland will have a hard job matching the credentials of rival EU countries as an attractive location for London bankers.Frankfurt has stepped up efforts in recent weeks to win over City business while Paris has made the most concerted effort to woo London banks with promises to “roll out the red carpet”.
Rhigos
15 Mar 2016
Recovery play This was one of 11 companies that popped of a data mining exercise looking for recovery plays. Share price over last 2 years had to have fallen between 50% to 80% but company had to be profitable and have a positive EPS growth. IPF looked to me like the most promising of the 11.SP has recovered 30% since low on 9 Feb 2016. Has a good yield of 4.25% covered 2.5 times and projected to rise. 2014 ROCE 19% pa. PE 9.8 suggesting not over priced. Gearing high about 130 which could be a problem.Consumer credit to Central and Eastern Europe and Mexico dealing in small sums short term unsecured loans. This sounds quite risky to me but might be worth a small investment.
romaron
20 Oct 2015
Talking to myself I seem to do it more often these days. I have absolutely no idea what the sale of shares by Standard for Vidacos (or is it the other way round?) but believe it is significant because nominees are usually many small private investors but the amount involved suggests not. Could it be that an overhang has finally gone?
romaron
19 Oct 2015
Stock on loan In short sellers recorded (only above half per cent) there is a 0.82% short by Blackrock.However, the stock on loan is 4.00%. That'll do me for explaining the current stagnation of this stock.The hedgies got it awfully wrong with PFG some years back and I'm hoping for déjà vu.
romaron
07 Oct 2015
Re: Share buys Thanks for that Brownbull. I like IPF although its performance of late has been pedestrian. I realise that share buy back is in someways a zero sum game. The cash/debt goes down whilst the shares outstanding reduce and its an accountant's gearing game to an extent.The connection with PFG is well known and some of my purchases have been provided through sales of PFG. Whilst PFG goes from strength to strength we have IPF marking time. As things stand PFG may well be in the FTSE100 by Christmas. They have the same DNA and synergies have to be investigated.With patience and a bit of luck I expect this stock to start motoring. The management come over well and seem ambitious without being dreamers.
Brown Bull
07 Oct 2015
Re: Share buys Buy backs such as IPF does regularly have a trickle effect, but it's hardly noticeable even on a month-by-month timescale.Something else is behind the recent increase in SP. Perhaps confidence is returning that IPF will be able to deal with the Polish change of law?
Brown Bull
07 Oct 2015
Re: Analysis report on International Per... Hi romaronThe IPF1 (bond) page seems to be back: at [link] find that sometimes II has problems displaying prices for bonds or stocks. If the problems persist I e-mail them and usually they sort it out fairly quickly.
