Provident Financial Share Discussion Threads

[wad collector] 11/11/2019 22:30

Need a long spoon for that one....

[bubsy2] 08/11/2019 14:31

Russian provident zaim credit huge scope for growth worth a punt

[porsche1945] 07/11/2019 13:26

The mad Woodford overhang now being unwound quickly by Blackrock will help these to get some proper liquidity. Should start doing much better.

[wad collector] 07/11/2019 09:50

The advfn link is broken for me but I see amongst the detail "The redress required to resolve the issues arising in respect of the investigation into affordability, forbearance and termination options has now been completed and Moneybarn awaits final notice from the FCA. The total settlement is expected to be within the previously announced financial provision of £20m." Good to see an end to that one. The broadly positive in line statements are , to me , rather tempered by past events . Fine to say things are getting better but the question is what other calamities and mismanagement is round the corner , especially with a turbulent market.

[wallywoo] 07/11/2019 08:50

Nice Q3 update, now chart has a confirmed reverse head and shoulders pattern. share price has much further to go. Happy days

[wad collector] 25/10/2019 10:04

Closure of QuickQuid probably good news ; another competitor bites the dust. Q3 here out 7th Nov.

[paulab203] 24/10/2019 07:57

Looks like Link offloaded that 4% without too much trouble - if results at the end of month are at all positive I think this could start taking a closer £5. Big Dirextors buys a few moths ago at 450 and 500 I recall.

[paulab203] 24/10/2019 07:57

Looks like Link offloaded that 4% without too much trouble - if results at the end of month are at all positive I think this could start taking a closer £5. Big Dirextors buys a few moths ago at 450 and 500 I recall.

[wad collector] 16/10/2019 12:38

I guess they are cornered into selling holdings to raise capital but as the market knows what they hold the prices will fall. APRIL 2019 LARGEST HOLDERS Woodford Investment Management (UK) 24.69% 30 Apr 2019 Invesco Ltd 21.06% 30 Apr 2019 Schroders Plc 14.63% 30 Apr 2019 Marathon Asset Management LLP (UK) 5.54% 30 Apr 2019 BlackRock Inc 4.56%

[webpax] 15/10/2019 19:13

Not sold unfortunately, just transferred to new manager.

[dual] 15/10/2019 14:05

That was quick, woodford sold out already.Hopefully steady rise in SP

[bookbroker] 11/10/2019 17:37

Minute volumes drive ‘tis and other domestics crazy higher today, sell Monday!

[wad collector] 11/10/2019 16:06

Ever is a long time. If the company survives then inflation will eventually take these to £30 , but bit meaningless as their true value won't rise.

[riverman77] 03/10/2019 12:00

I think if the business makes a proper sustained recovery then these could rise above £10, but can't see these ever returning to £30. Remember there has been a lot of dilution through the rights issue, so even if earnings recover, eps will still be a lot lower.

[melmoo] 03/10/2019 11:53

I wonder how many private investors still hold PFG shares that they bought for over £30? What is the likelihood of those levels being reached again?

[melmoo] 03/10/2019 07:51

Hopefully yesterday's panic will be short lived and the share price will re-commence it's climb back to a reasonable level. Fingers crossed!

[luisfrg] 27/9/2019 10:51

Back to 450 soon...gla

[wad collector] 11/9/2019 08:14

Sp getting bit more volatile , but can't get very excited as still deeply in the red for me.

[robinnicolson] 29/8/2019 07:30

That doesn't explain the 7.9% share price rise on Tuesday...at one stage up more than 10%. Maybe there was a broker upgrade.

[paulmurphy777] 28/8/2019 22:13

If you check NSF news the failed take over caused a big loss blah blah, so guess read across is pfg took a hit on it too. All IMO

[taximania] 28/8/2019 16:36

From what I saw the drop was credited to claims companies looking to shift from ppi to other issues like over the top interest rates .

[robinnicolson] 28/8/2019 12:39

Puzzled by the gyrations in the recent stock price and this line in 'The Times' newspaper today under 'The day's biggest movers': Provident Financial: "Announces quarterly dividend" 7.9% change There was no RNS announcement from PFG yesterday. A case of mistaken identity, confusing PFG with Provident Financial Services Inc. (PFS) in the United States!!?

[buywell3] 15/8/2019 07:49

When the rights issue was announced buywell posted here, note the chart since buywell3 22 Mar '18 - 20:45 - 2871 of 3177 Edit hTTps://en.wikipedia.org/wiki/Obfuscation

[robinnicolson] 15/8/2019 07:42

The shares have just gone ex-dividend.