Paragon Banking Share Discussion Threads

[the drewster] 13/10/2014 10:43

Technically a "gal", surely?

Paragon Group Appoints Barclays Executive as Chief Operating Officer

LONDON--Paragon Group Of Companies PLC (PAG.LN) Thursday appointed a Barclays executive as its new chief operating officer, and said that it remains confident of meeting expectations for 2014 after posting a 17% growth in operating profits for the first nine months of the year. The financial services company said Thursday that Pam Rowland will join the group as chief operating officer in September. Ms. Rowland is currently managing director of change delivery at Barclays U.K. retail and business banking. For the nine month period to June 30, the company it made a operating profit of 88.3 million pounds ($150.58 million), up from GBP75.7 million in the year ago period. Pretax profit for the period totaled GBP88.8 million. Shares of Paragon Group at 0748 GMT are trading slightly higher at 341 pence

[cockneyrebel] 13/10/2014 10:25

Incredibly solid at this level.

What does everyone think about ex Barclays guy becoming COO here? The chart seems to have seen strong support and a lot of large fund action gone on since - 'Mr Barclay' a key factor there?

CR

[purple boots] 22/9/2014 20:59

Good to see pag rising on a poor day, hopefully bowl back up now.

[the drewster] 10/9/2014 10:04

Now, will it go low enough this time?

[nbudh80] 14/8/2014 18:14

Bit strange yupa! But either way share price heading in the right direction. Still very undervalued imho.

[yupawiese2010] 14/8/2014 11:48

Well Black Rock didn't keep there stake above 12% for very long !!!

[yupawiese2010] 13/8/2014 14:01

Along with Black Rock now above 12%.

[nbudh80] 06/8/2014 17:37

Standard Life Investments increased:

[yupawiese2010] 05/8/2014 22:49

Just look at the number of BOT trades today - incredible.

[nbudh80] 28/7/2014 17:51

Up on a FTSE down day; bodes well. Expect this too rise nicely over the summer.

[future financier] 28/7/2014 10:50

Got out of these in November 2011 (personal reasons - and other opportunities) - back in now and good to see some familiar "faces" still around (TD). Price had run way ahead of itself but is now back to levels that I predicted three years ago when I was looking for 20%+ p.a. growth - opportunity for continuing growth off current prices of around 15% p.a.

Interesting re Nick Keen - still shows at Companies House as a director - but not on the website? Will have to tap inside sources for the reason for this.

[mikey62] 24/7/2014 08:32

Excellent statement.

[nbudh80] 24/7/2014 08:17

100k BUY just gone through. Nice :)

[nbudh80] 24/7/2014 07:52

Super super update. Figures to back up their statements and great to see they are firing on all cylinders.

[yupawiese2010] 24/7/2014 07:23

Nice set of figures, hopefully this will put a floor under the poor share price performance

[purple boots] 21/7/2014 18:01

Q3 IM Statement Thurs

[mikeja] 21/7/2014 16:51

OSB looks better bet than PAG.Faster growing and on a p/e of 8 for this year.

[vb79] 15/7/2014 17:23

£3 on the cards unfortunately from a chart perspective as that's where support seems. Historically 3rd week in July is one of the worst performing for the FTSE indices so expect PAG to be taken down with the general market.

[the drewster] 15/7/2014 10:04

Not much further and my finger will be getting twitchy over the buy button!

[the drewster] 11/7/2014 11:07

He may know the nuts and bolts well, and he's a really decent sort (I've actually played golf with him at St George's Hill), but he lacks Mr Keen's presence and experience, so naturally the jury will remain cautious whilst he earns his stripes.

[yupawiese2010] 09/7/2014 21:16

Drew

Thanks - you are spot on.

Nick Keen retired on the 31st of May as F.D and he will become Chairman of
Idem Capital Holdings Limited.

Richard Woodman appointed on the 1st of June, it is an internal appointment / promotion having joined the Company in 1989, so should know " the nuts & bolts " of the business well.

[the drewster] 09/7/2014 13:58

Richard Woodman took over, look on the directors page on the website, Nick Keen does not appear there.

It was in an announcement but I can't remember when.

I think Mr Woodman had a few hundred thousand nil-paids which he immediately sold, which I took to be some sort of appointment bonus.

[yupawiese2010] 09/7/2014 09:03

Drew.

Are you sure that Nick Keen is moving on, I haven`t seen any reference to his departure in any RNS.

Totally agree with you, he has done a sterling job for the group.

[the drewster] 08/7/2014 20:22

They announced Nick Keen (finance director) was moving on, can't remember when that is or was, but can unsettle investors, as Mr Keen was one of the good guys and did a fantastic job from where I'm sitting.

[stuntviolinist] 08/7/2014 19:50

Sorry total novice: fd?