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IPF International Personal Finance Plc

106.00
0.50 (0.47%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
International Personal Finance Plc LSE:IPF London Ordinary Share GB00B1YKG049 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.50 0.47% 106.00 116,884 16:35:14
Bid Price Offer Price High Price Low Price Open Price
105.00 106.00 106.50 105.00 106.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Personal Credit Institutions 690.8M 48M 0.2155 4.87 233.89M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:48:27 O 838 106.001 GBX

International Personal F... (IPF) Latest News

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Date Time Title Posts
24/4/202417:40International Personal Finance plc2,440
24/3/201715:51IPF4

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International Personal F... (IPF) Most Recent Trades

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Posted at 27/4/2024 09:20 by International Personal F... Daily Update
International Personal Finance Plc is listed in the Personal Credit Institutions sector of the London Stock Exchange with ticker IPF. The last closing price for International Personal F... was 105.50p.
International Personal F... currently has 222,749,163 shares in issue. The market capitalisation of International Personal F... is £233,886,621.
International Personal F... has a price to earnings ratio (PE ratio) of 4.87.
This morning IPF shares opened at 106p
Posted at 15/3/2024 07:10 by rcturner2
Although I hold both the equity and IPF3, I think the equity is a better long term bet, as I think the share price will grow more then the gap between the yields and of course the dividend on the equity will grow as well.
Posted at 15/3/2024 06:33 by tole
Peel Hunt sticks with IPF after results holdup Peel Hunt has reinstated its recommendation for International Personal Finance (IFP) after problems in Poland 'overshadowed' the strength of operations.Analyst Stuart Duncan had placed the doorstep lender 'under review' after the group reported it would not publish full-year results following the Polish regulator's letter to credit card issuers detailing how existing laws and regulations relating to non-interest fees should be interpreted.Duncan has now reinstated his 'buy' recommendation with a 160p target price. The shares jumped 11.4% to 112p after the company released its full-year results, but were still down 7.4% this year.He said the results showed 'strong performance' and 'modest Poland impact', adding, 'IPF has delivered a strong operational performance, with profits well ahead of expectations.''Management estimates that profits could be reduced by up to £10m to reflect the recent letter on charging practices for cards.'This means lower profits in 2024 and Duncan said he expected to reduce estimates by 12%. 'The focus on Poland has overshadowed what was a strong, and continuing, operating performance,' he said.'After recent weakness in the shares, the price/earnings valuation stands at less than six times, while the well supported dividend yield is over 10%.'
Posted at 14/3/2024 11:22 by quepassa
Very good all round with buoyant outlook.

At the inflexion point when global interest rates have peaked and forecast to go down this year, it will be a further major boost for IPF when rates start falling. This will reduce both impairments and funding costs.

And what a yield on the share especially when the results were so strong that the dividend has been significantly hiked.

all imo. dyor.
qp
Posted at 05/2/2024 19:56 by freddybruce
Low volume and little movement in the stock price of late. Full year results announced in just over three weeks. 3Q trading update was upbeat. we should see momentum follow through into full year. Will it be enough to get the stock price moving? If not shareholders can enjoy a high and rapidly growing dividend.
Posted at 25/8/2023 18:38 by popit
FreddyBruce

Thanks for the figures

So if you think IPF is good value, what do you think of Vanquis?

It is about the same market cap as IPF now but it has twice the receivables at about £2 billion and it looks even better value than IPF

On Market Screener

The forecast PE for Vanquis is 2.5 in 2025 and 17% dividend
And forecast PE for IPF is 4 in 2025 and 10% dividend

Vanquis is mid cost credit and near prime now and so all the sub prime has gone and all the claims companies have gone

I think Vanquis and IPF are both good value, but I think Vanquis is better value at the present time

Have you looked at the figures for Vanquis?

Do you have your own estimates for Vanquis?
Posted at 19/8/2023 21:58 by popit
FreddyBruce

Where are you getting your forecast figures from?

You said that this implies eps in 2025 of 36p-48p and dividend of 16p-22p and a dividend yield of between 13% and 18%

Have you just made the figures up?

These figures are completely out of line with the forecast figures for IPF on Market Screener

hxxps://www.marketscreener.com/quote/stock/INTERNATIONAL-PERSONAL-FI-4007183/finances/

It shows forecast eps of 18p in 2023, 21p in 2024, 28p in 2025
And forecast dividend of 10p, 11p, and 12p in 2025

The forecast eps for Vanquis is 42p in 2025
And the forecast dividend for Vanquis is 18p in 2025

hxxps://www.marketscreener.com/quote/stock/VANQUIS-BANKING-GROUP-PLC-9590111/finances/

So with the Vanquis share price now lower than IPF, Vanquis seems to offer a far better investment with a forecast PE of 2.5 in 2025, and a forecast dividend of nearly 17% in 2025

The forecast PE for IPF is over 4 in 2025, and a forecast dividend of 10% in 2025

So they both look like that they may be good investments, but Vanquis looks much better value than IPF now
Posted at 04/8/2023 09:58 by wad collector
It is difficult to compare the company from a decade ago in a different economic environment and very different interest rates.
It would be great if the share price repeated its 2013 performance and hit £6 but somehow I doubt it!
Sadly my average buy price is about 250p from holding Provident Financial for the last 25 years or so. It is hard to follow the exact prices with the company split and various renamings. Like many PIs, I failed to cut my losses and kept holding when the price fell. IPF is certainly performing better than it's previous sister Vanquis. Yep I hold them too and they are worth 6% of what I bought them for!
Posted at 19/4/2023 17:01 by 1cutandrun
There you have it in a nutshell. They carried out a UT at 8am this morning to set the share price. The share price was set at 98.20p. That's 4.20p higher than last nights close. This being the third time a UT has been carried out at 8am to set the share price and on each occasion the share price has gone up. Is it a coincidence a UT was done this morning after I pointed out an anomaly yesterday, no as it has happened three times now. IMO the market makers are sometimes setting the spread prices out of line with the actual share price.
Posted at 20/1/2023 19:02 by 1cutandrun
The last trade price of the day is not the closing price of the shares. After 4.30 they balance the books and the code is UT. That is the closing price for the shares on the day. UT: Uncrossing Trade - This is used for the single uncrossing trade detailing the total executed volume and uncrossing price as a result of a SETS auction. VW: Volume Weighted Average Price - A transaction that was effected at a price based on a volume weighted average price over a given period.
The market makers determine the spread price at which you can buy and sell. Yesterday is a prime example of how the share price was out of line as they had to increase them at the close of trading by over 3.5p a share by UT. Today the UT adjustment was 00.10p. This is the point I'm trying to make. If the market makers keep putting the spread price less than the share price it drives the share price down even though buys could out weigh sells by two to one. This keep happening with these shares.
Today there was no chance the shares could go up as the spread was less than the share price on the first 4 trades of the day and these happen to be buys and on each occasion the price went down.
Between 16:10:49 to 16:11:49 today, ten trades took place, eight buys and two sells, each one for 147 shares.
Posted at 20/1/2023 08:58 by 1cutandrun
There we go, the first trade of the day at 8.26am a purchase of a single share bringing the share price down to 82.7p. It will happen again on the next transaction as the spread price is again less than the share price. Therefore, the share price at this time is being forced down once again.
Last night at the end of trading at 4.30pm, they had to increase the share price up by over 3.5p to balance the books. That's a large increase on shares of this price, with only over 30 trades on the day. Something isn't right here.
International Personal F... share price data is direct from the London Stock Exchange

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