Paragon Banking Share Discussion Threads

[thamestrader] 27/1/2023 09:58

I had been thinking of banking some profits at this level, but I think I'll hold on. Run your winners and all that.

[makinbuks] 27/1/2023 08:52

Positive reaction to what I thought was a slightly mixed announcement this morning

[phillis] 26/1/2023 10:02

2nd Feb

Sorry for the mislead

[thamestrader] 26/1/2023 09:16

I have 3feb in my calendar (but that's a Friday, so can't be. - Ed.)(or maybe that's 'record date')

[phillis] 25/1/2023 12:56

xd tomorrow?

[the drewster] 15/1/2023 12:14

I see the directors were gifted another batch of nil-paids as part of their deferred bonuses.

[the drewster] 13/1/2023 08:58

If it drops below 525 I think it could get 'proper ugly' which might well take it down into buying territory. Just happy to watch for now.

[thamestrader] 13/1/2023 08:18

Hmmm. Not ex-div, no news....
Does somebody know something we don't?

[the drewster] 28/12/2022 17:00

Excellent call phillis, I think the financial sector will be very volatile for the coming 6 months.

I think ultimately we are going to end up a good bit south of the current SP, but I think it can go higher before everything goes pete-tong. I certainly wouldn't be overly enthusiastic to buy at this level.

[phillis] 28/12/2022 10:42

sold all my LLOyds at 40p and invested all in PAG at 400p

[the drewster] 07/12/2022 07:55

I hold no trading position here at the moment. I could see them at £7 off the back of that set of results, and equally at £3.50 if there's any news that arrears levels in the industry are what they might become. I'm happy to watch from here, at least for now. No advice intended, and please don't trade off the back of anything I might say.

[makinbuks] 06/12/2022 09:33

So Drewster you sold at £5.60, bought at £4 sold at £4.60, what is your call now? Share buy back underpin re-established, might we see £5.60 again?

[the drewster] 06/12/2022 08:41

Indeed @Phillis ... this line "The strength of our business ensures we are well positioned to react positively to the opportunities which will inevitably emerge." read as if they are intending to go on the acquisition trail as and when companies go into "distressed seller" territory. They did something similar (with great success) in the 90s. Interesting year ahead.

[phillis] 06/12/2022 08:21

great results

[the drewster] 14/11/2022 08:10

It will be interesting to see how the price behaves now that the protection which was offered by the buy back is no longer in play.

[phillis] 11/11/2022 10:43

up another 11p so far this morning
might struggle to break 500 but a profit is a profit

[makinbuks] 11/11/2022 09:50

Youve called that beautifully, congratulations

[the drewster] 11/11/2022 08:47

Tempted to stay in given the lack of logic behind some significant strength, but took the view that 460 is above my target, so back to cash with the trading batch. Will wait for another tempting entry point in the coming months.

[phillis] 10/11/2022 15:15

HELLO HELLO

[the drewster] 03/10/2022 12:53

Back in again, looking for at least 4.50 within the month. Will bail if things turn particularly sour, but looks overdone on the downside for now.

[the drewster] 28/9/2022 14:30

This is certainly getting interesting around 400 for a short term trade