Share Name Share Symbol Market Type Share ISIN Share Description
Provident Financial Plc LSE:PFG London Ordinary Share GB00B1Z4ST84 ORD 20 8/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.80 2.42% 372.20 371.80 372.80 372.20 360.20 360.40 51,322 11:38:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 807.8 -113.5 -32.9 - 944

Provident Financial Share Discussion Threads

Showing 3426 to 3445 of 4350 messages
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You are adding back £40m of dividend that would have been paid - when ? Also you are adding it back to 2019 retained. What is the current trading doing though ? >seagreen 30 Mar '20 - 11:16 - 3241 of 3251 "Of course I am it was earned in 2019 and accrued and gets removed from retained reserves where else do you expect it to come from? Otherwise it would be double counting?" Really ? Since you obviously Cannot read the accounts I will point out page 172 Annual accounts 2019 "Statements of changes in shareholders equity" States clearly at the bottom retained earnings of £118.9m - your approximated £120m The line above is ...... dividends (47.6) that's £47.6million. Still with me ? Then look at Page 170 "Consolidated Statement of Comprehensive Income" there is a note at the bottom of it....... * The total cost of dividends paid in the year was £47.6m (2018: £nil). "PAID" in the year Its a great big clue ....... Now I know you are struggling with this but..... Now go to Page 174 ............. here's another clue...... "Statements of cash flows For the year ended 31 December" There's a column 2019 Dividends paid to Company shareholders 7 (47.6) that's a negative flow of £47.6m because it was PAID BUT it gets even better !! Why ? See that little number 7 ? Its a note number You see Financial Statements are followed by lots of notes to try and explain them , to the uninitiated. Unfortunately since the uninitiated don't take the time to read them they remain to this day - ignorant. Now go to Page 193 , note 7 £47.6m dividends paid......... But the final nail in the coffin of the ignorant is....... "The directors are recommending a final dividend in respect of the financial year ended 31 December 2019 of 16.0p per share (2018: 10.0p) which will amount to an estimated dividend payment of £40.5m (2018: £25.1m). If approved by the shareholders at the Annual General Meeting on 7 May 2020, this dividend will be paid on 22 May 2020 to shareholders who are on the register of members at 3 April 2020. This dividend is not reflected in the balance sheet as at 31 December 2019 as it is subject to shareholder approval" THIS DIVIDEND IS NOT REFLECTED IN THE BALANCE SHEET AS AT 31DECEMBER AS IT IS SUBJECT TO SHAREHOLDER APPROVAL Seagreen - get yourself a financial education I gave you that lesson for free.....
If you look back you will see that I have been holding here for 20+ yrs and I have never shorted this or any other share ; I am deeply in the red here and have not gained from the share price drop in any way. But easier just to write an offensive comment.
wad collector
Stupid boy grow up.... More a case as with a lot of you assuming because a business cancels their dividend it is the end of the world,,,its good prudence and as you are seeing a lot of them have now done so. As opposed to borrowing cheap debt to buy back shares and pay dividends like a lot of companies have been doing over the years... The next years will be tough but a lot of the financial institutions have been shorted expecting collapse and are now trading at artificially low market cap due to short term opportunistic spiv shorters. At some stage these will double no hurry whereas shorting is costly margined spiv behaviour making gain out of people's misery so in my book such individuals like yourself are low life vermin...that is all...bigger the short the bigger the bounce. Gaps all the way back to £4
Yes I guess the whole Covid thing is a lie...
wad collector
Better than the lies you write as though they are fact.
Please don't fill this BB with curses.
wad collector
You only sing when your winning .....Go on a basic finance course before you start playing with long trousers on
best not to count your chickens Bouncing back
Well done for fessing up you are a lying scum bag
Down 15 % or so well done...
You are adding back £40m of dividend that would have been paid - when ? Also you are adding it back to 2019 retained. What is the current trading doing though ? As you highlighted when things go bad losses can accumulate very rapidly - as per 2017 above Current trading is not normal at all. We do not know what the figures are for the UK (after govt intervention) but a seasonally adjusted 3.2m new weekly unemployment claims in the USA gives us an idea. I know that claims are at least 4x normal
well those figures have improved since a further drop today but I am sure people can do the maths.
People pay this type of credit as they are normally the only lender. If we have a v shaped dip they will survive but L depression then no but that goes for most of the businesses out there
Looking at the Statement there is a rather disingenuous phrase; In the first eleven weeks of 2020, there was no discernible impact of COVID-19 on credit issued, credit quality or collections That is like saying "In the first fifty metres of falling over the cliff there was no injury" Of course the dividend is cancelled ; this business is struggling for survival. When Covid is over , how many defaulted loans will PFG have? And they won't exactly be at the top of the list of creditors. Lucky if the company survives . I have lost a lot here already and mentally written off the lot. Very happy to be proven wrong..
wad collector
Bought again. You have got to speculate to accumulate. Cant be sure that we have passed the bottom but at 233 they are still half price. I like to buy when there is a sale on. Be warned I am a born optimist.
scotch broth
Another holding rns
This is no flu like virus or just another virus. I now know 4 people who have died from this. I've never known anyone to die from a flu like virus my whole 50yrs of life. So when someone says it's over reaction please thunk again
The ones that went down most are the ones that come up most when it is over. Remember the market looks ahead .
scotch broth
Soon to be a penny stock
I see these going to zero because they will be at the back of the queue when it comes to repayment. Landlords, utilities and banks will come first, it will be very hard to legally enforce anything like bailiffs etc. Plus it would cost more than they would get back.
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