dandigirl
27 Feb 2018
Re: drop next Tuesday Hello ChuckoMy finger was poised at 8.00 - contract note time is 8.03. Yes, the 5.125% 23's.They are still below par - and I agree they are still worth a buy.I like to think that the company has steadied now and able to continue to regain its health. From this bond holder's perspective, the RI is just brilliant.Let us see what IPF has in store for us on Thursday for I am a holder of their bonds too. I fear the news may not be quite as handsome.
meisterx
27 Feb 2018
Re: Wild ride Is the dividend worth it over the profit? How many years of dividends would you need to match the profit? Profit is a profit at the end of the day.
FRTEB
27 Feb 2018
Wild ride Bought into these after the plunge from ~2000 at just over 650 and almost sold at 900 but thought I'd hold long term and wait for the divi to be reinstated. Then the sp plunged off another cliff to below 600. Kicked myself. Hard. Then today the sp almost doubles. This is behaving like bitcoin!!! Still not selling. Still want the divi (eventually), but what a wild ride. Wow.
II Editor
27 Feb 2018
NEW ARTICLE: Why Provident Financial is up 87%! "It's almost a year to the day since former LSE
FGrovident Financial boss Peter Crook unveiled his ill-fated plan to overhaul the doorstep lender's collection model. Shares at that point were changing hands at an impressive 2,917p and not far ..."[link]
kolwezimundele
27 Feb 2018
Re: Break above Nice - congrats to all holders today...
Chucko63
27 Feb 2018
Re: drop next Tuesday Dandigirl, you got them at 88? Are these the 5.125% of 2023s? What time did you get them? These are the ones I own and I tried and failed to get them at 88 this morning at about 8.15am. They are now over 94. Yesterday they were about 83.5. But I am happy that the bond holders have been rewarded for an intelligent purchase. That said, they are now yielding about 6.25% which is actually still quite cheap.I own the stock by proxy as I have a holding in Woodford’s funds. I am glad that his annus horribilis now has a little sunshine over it. Also, looking at the shorts, a lot of them have been placed in recent weeks. I shed few tears for those guys.
rRomeo29
27 Feb 2018
Re: Break above ...its now struggling to hold above 1,000p.Tomorrow could see a technical retrace, the usual thing after a share spike. The chart doesn't like too steep rising.
rRomeo29
27 Feb 2018
Re: Break above Feb 2018Liberum Capital reaffirmed their ‘Under Review’ rating on Provident Financial PLC (LONFG) shares in a research note revealed to clients and investors on Tuesday, 27 February.Dec 2017Liberium capital: "The share price will retrace down to 485 Pence."
rRomeo29
27 Feb 2018
Re: Break above Very very happy for this rebound! Sold a nice little chunk as from 1,020 ish.Now lets see if it can stay above 1,000.Otherwise retrace to a balanced 950 ish.(I had a friend invested here with a huge amount, for many months - through thick and thin - who was sitting on massive losses down at 650p.)(He still holds his entire stakeholding
bhptuner
27 Feb 2018
Re: Break above £10 probably build around the 1000 mark for todaythen have a solid base for a modest rise again tomorrowbut im gonna hold these for the future dividends
bhptuner
27 Feb 2018
Re: short covering thats as maybe before today but youd have to have some stones to short this at the moment
Damp Seaweed
27 Feb 2018
Re: Vanquis settlement B.B.,My reading of the news report is that they will proactively contact all the customers that have been missold the product and provide compensation. The compensation amount has been agreed with the FSA. So it should be fully costed.There might be a slight risk of a law suit for consequential damages, that has not been costed. But I think this is highly unlikely unless a vulture law firm thinks they can make some easy money.
contrarianstyle
27 Feb 2018
Re: Break above £10 holy smoke 11 quid
bhptuner
27 Feb 2018
Re: Break above £10 me too ,ill think about selling some at £16
meisterx
27 Feb 2018
Re: short covering Be careful this is the 2nd most shorted stock
