|Paragon Of Companies
||EPS - Basic
||Market Cap (m)
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Paragon Group Share Discussion Threads
Showing 3101 to 3125 of 3125 messages
|motoring on nicely|
|One of the tips of the week in the IC.|
|That's £100M since December 2015 then... bought as low as 228p (6th july '16)
Still think Execs get too many nil-paids.|
|You are dead right:-
RNS Number : 0858V
Paragon Group Of Companies PLC
25 January 2017
The Paragon Group of Companies PLC:
Non--discretionary share repurchase programme
The Paragon Group of Companies PLC (the "Company") announces that it has entered into an irrevocable, non--discretionary programme with Jefferies International Limited ("Jefferies") to repurchase an amount of shares no greater than GBP25 million during the period commencing on 25 January 2017 and ending no later than 31 May 2017. The shares so purchased will be held in treasury, but may be cancelled subsequently.|
|Did I read that they extended the buy-back program by ANOTHER £25m?|
|strong rise continuing|
|Execs filling their boots with nil-paids and selling them instills confidence!!|
|Paragon Group of Companies (The)... PAG Macquarie Outperform 0.00 403.30 367.00 446.00 Reiterates
Paragon Group of Companies (The)... PAG Peel Hunt Buy 0.00 403.30 460.00 460.00 Reiterates|
|3rdeye - PAGs opportunity is not so much those rejected by mainstream lenders (which would leave PAG with riskier propositions - and they just don't do that at PAG) but those that the mainstream are UNABLE to service.
Government tax changes have forced landlords to buy BTL properties thru limited companies - but mainstream lenders just don't have the systems or staff to handle limited companies. Then add in the meddling at PRA requiring tighter underwriting standards for landlords with > 4 properties (how do you count these if landlords buy through companies???) - and the mainstream lenders will be TOTALLY unable to service the BTL purchase market. Smaller lenders are likely to be swamped with perfectly good propositions leaving PAG and possibly Kent Reliance (OSB) as the medium sized lenders in the BTL market with the capacity and skills to pick up at least SOME of the demand.
So they will have higher volumes at higher prices - and we can all join in the ensuing profits!!! BUY PAG and BUY OSB.|
|PAG.......... featured recently here. On the verge of a breakout. Nice Bowl shaped chart, cheap going forward and should get demand from those rejected at the mainstream banks for mortgages.|
|The specialist lender Paragon Group of Cos. was cut to Underperform by Merrill Lynch, according to traders.|
|All IMHO, dyorI have found a rather lukewarm BoA broker tip on PAG. The way I read it they are concentrating on valuation and also risks regarding executing strategy.Looking at earnings estimates people seem to be thinking no growth in eps this year?|
|JPM Cazenove don't like it for some reason and have been pushing out sell notices since June with target 230p. Would love to see this!
I am a great fan of this and believe the uptrend will resume.|
|All IMHO, dyorSlightly surprised by size of fall today.Seems a large (ish) volume went through today including a decent sized final auction.I have looked on investors chronicle and seems a fairly decent write up on their website. (I won't copy here due to copyright).Do people thinks this is a pause in the uptrend (we have had a good run up) or is it the start of back down again ?|
|That will do nicely
People underestimate the change in the business model
Finally a good bank in which to invest|
|Sorry just seen it!|
|Do we have a results day?|
|All the following is IMHO dyorGood couple of days leading up to the results.|
The Paragon Group of Companies PLC is pleased to announce the purchase of 100% of the issued share capital in Premier Asset Finance Limited ("Premier"). The business will be acquired by Paragon Bank PLC's asset finance division, Paragon Bank Asset Finance Limited. Regulatory approval has been received for the transaction.
Premier is one of the UK's leading asset finance brokerages, sourcing in excess of GBP100 million of lending per annum to a range of SME customers. The business, which is headquartered in Edinburgh, has a national presence, and was voted as Broker of the Year in Leasing World's 2015 awards.
The initial consideration for the purchase is GBP8.5 million, payable in cash. A further GBP12 million is payable over the following five years, subject to performance conditions. The consideration is being paid from Paragon's existing cash resources.
Commenting on the acquisition, Nigel Terrington, Chief Executive of Paragon said:
"I am delighted to welcome the Premier team to the Group's banking division. It complements our acquisition of the Five Arrows Leasing Group last year. This latest acquisition reflects our ongoing commitment to delivering a more material presence in the UK asset finance market in line with the Group's diversification strategy."
Paragon's results for the year to 30 September 2016 will be announced on Wednesday 23 November 2016.|
|Read across the OSB H1 results today, both are still very much undervalued and i continue to hold. The market has behaved completely irrationally on both these stocks and the challenger bank sector in general, they're still way undervalued even after the recent rise imv.
I expect a small pullback at some point and then we'll be off again as we lead up to the next TS's.
|Agreed - but even if this delivered very little you would still be getting a yield of > 4% - and that's ok by me in the current environment.|
|The Bank, and how it progresses, will be very key to growth (in profits) in the next 1 to 5 years I suspect.|