Paragon Banking Share Discussion Threads

[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 13:53

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 15:30

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

[the drewster] 29/8/2022 09:36

I suspect I might buy a few again if she dips much below 500, though I remain ultra cautious of an Armageddon-like market meltdown.

[the drewster] 09/8/2022 17:02

chu-ching.

[the drewster] 03/8/2022 09:26

FF - I don't think it matters. I think "middle England" is already feeling the strain, and much more financial pressure will have a telling effect on potentially every area, possibly snowballing into the biggest market meltdown in history.

[future financier] 02/8/2022 17:25

But I seem to remember that PAG maintained profitability last time around. It was just a short term funding issue that caused problems and they have learned their lesson - they now have retail funding.

[the drewster] 02/8/2022 08:06

Is anyone else sensing a potential meltdown in the housing sector during 22/23? I can see an almost perfect storm approaching that could see markets, and house prices, get totally battered. If I get my 560, I might take a flight to cash and sit watching from the sidelines for while.

[the drewster] 01/8/2022 16:27

I'm looking for 560 to sell my trading tranche ... think I'll get it this week or next too

[thamestrader] 29/7/2022 16:16

According to my diary, today is divi day, but no sign in my account yet. HL never are the quickest, though.

[thamestrader] 29/7/2022 08:48

Sorry, but couldn't resist taking some profits at 538.75p

[phillis] 14/6/2022 09:08

Continues to be an excellent business

[thamestrader] 14/6/2022 08:26

Results looking good at first glance. Not really in a buying mood right now, but am tempted here.

[the drewster] 02/3/2022 14:45

Not as many as I sold, but a few.

[makinbuks] 02/3/2022 10:41

Yes that was a good call Drewster, have you bought back?

[the drewster] 02/3/2022 08:00

Hmm, getting interesting, but I think little lower calls...

The Drewster7 Dec '21 - 10:24 - 2751 of 2756 Edit
0 0 0
Was happy to take some off the table on the early spike.

Nice divi, but expect to be able to buy sub 500 in '22