International Personal F... Share Discussion Threads

[sbb1x] 18/5/2020 09:27

Whole market seems to be green. But here its red hmm

[sbb1x] 18/5/2020 08:11

Below 40p, bounce of 52 week low ?

[s34icknote] 17/5/2020 00:22

Italy opens boarders Spain 15 June .Inside the country's shops and restaurants opening !Bodes well for ipf in Europe !Sicknote

[s34icknote] 15/5/2020 22:03

And director buying !!!!

[whentobuy] 15/5/2020 21:01

The news 30th April “Positive cash flow” and then more upbeat “Repayment of May 2020 bonds” . Then we have downward movement on stock . Is 40p “fill your boots” time?

[gooner1886] 15/5/2020 20:21

Any proofOf a seller? Tr1 soon surely

[sudnal1] 15/5/2020 14:10

Looks like an ii reducing. Once the seller clears this will go up...

[t99nyw] 15/5/2020 13:51

#685. Useful feedback, many thanks.

[cc2014] 15/5/2020 13:49

#682 Take a look at the Covid-19 figures in the countries where IPF operates Most of them don't have good health economies or the ability of the government to borrow long term to prop up their economies.

[s34icknote] 15/5/2020 13:33

Good top up opportunity !Sicknote

[s34icknote] 15/5/2020 13:33

An ii selling may be ?Tracker fund ?Sicknote

[t99nyw] 15/5/2020 11:57

Hi Chaps, I'm a relative newbie to all of this. I got in on this @ 48p a week or so ago and thought it may shift about a bit in the current climate, but now dragging along @ circa 40p with the odd push and pull. I'm no expert, but read up and thought they looked great value at 48p. They just don't even seem to be getting a run, gradually ebbing away on a downward trend. Have we all missed something here? When reading up it looked like Morses operate a similar route to market and were up 60% April to May? No doubt there will be increased demand to borrow and it appears resilience to bad debt has been confirmed. What gives?

[s34icknote] 15/5/2020 11:41

It's gone down because i bought !!!Lol !Sicknote

[sbb1x] 15/5/2020 09:27

Someone or something keep pushing this down

[gooner1886] 15/5/2020 06:53

A bounce hopefully today in here

[s34icknote] 15/5/2020 06:49

This has to be the cheapest pe stockCheaper than reach !Sicknote

[s34icknote] 14/5/2020 16:31

I,m sure the directors have a close eye on takings Hence the buying .Sicknote

[brucie5] 14/5/2020 14:25

99 value on Stocko. But unsecured credit in these times is a huge risk. So PE of 1.5 strictly historic.

[s34icknote] 14/5/2020 13:57

This is on a pe of 1.5 ?With director buys ??Could double and still be cheap .I,m in !Sicknote

[brucie5] 13/5/2020 15:40

Hey Linton.
Good to hear you.

[linton5] 13/5/2020 15:36

Hi brucie5 good to see your still about long time since our Kirkland gold days if they hadn't took her off the lse we would have been rich lol😢kgl shoot to the stars on the tsx afterwards

[brucie5] 13/5/2020 12:48

Brucie5
12 May '20 - 10:29 - 656 of 670 Edit
0 1 0
Does look oversold on the MAs with this morning's news, and NED's recent bold purchase. Peel Hunt also very bullish about its survival prospects. So I've taken a nibble, with initial target of 70p. That would on current view hardly even challenge to 50sma.
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Sorry guys, I should have warned you of the 'Brucie Effect' each time I buy in... A little drop, just to test resolve.

Well, resolve duly tested, and looks to have been nothing more than a slight tree shake. I'm in at 49.5p, by the way, and certainly looking to hold to 75. The gap could go much further, of course, seeing how suddenly and far its fallen.

And then there's that PH note: just to repeat.

Sun 15:18
PEEL HUNT ON IPF

The price of International Personal Finance (IPF) shares is ‘overly pessimistic’ as the doorstep lender is proving ‘more robust’ than anticipated, says Peel Hunt.

Analyst Stuart Duncan retained his ‘buy’ recommendation and target price of 270p on the shares, which soared 20.6% to 55.9p yesterday.

While he said it was still to early to quantify the impact of Covid-19 on the business, a statement from the group ‘indicates the business is proving more robust that the share price suggests’.

‘The key points... are collections running at 76% effectiveness in April and positive cashflows of £27m in April,’ he said. ‘Both signal that the current share price is way too pessimistic for a business that is proving more resilient than feared.’

[cayland99] 13/5/2020 11:33

Added at 50p yesterday. Down at the moment but think this is 70/75p short term. Long term looking at 150/200p.Director buy should see this rocket to 60 before end of week.