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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
  -6.00 -1.74% 339.00 338.40 339.00 345.00 329.40 345.00 1,707,485 16:29:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 807.8 -113.5 -32.9 - 860

Provident Financial Share Discussion Threads

Showing 4326 to 4347 of 4350 messages
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
DateSubjectAuthorDiscuss
25/8/2021
11:01
Amigo announced dire results and close to liquidation today. The news of the ill-fortune of a competitor would normally be a cause for celebration , but I suspect that instead it reminds how risky the sector remains.
wad collector
12/8/2021
01:08
Hasn't been huge demand for credit, plus prudent underwriting as they weather CCD closure. Makes sense to avoid impairing capital base, which would obviously be very negative. I agree with jim £5 seems about right near term, see potential value up to £7 once they cut CCD and capital position starts growing, which leads to higher receivables, and higher profit. Risk is it gets taken out beforehand now that a cleaner business.
bbarry8
11/8/2021
22:42
I read this report when it was released at 7am and ready with my finger on the button to sell at 8. You never know how the city is going to react and was shocked when the shares opened up. We all knew the home credit situation would have an impact on this report and the city would have taken this into consideration. My biggest concern with todays report is the amount of customers Vanquis Bank have lost, 157,000 down 9.3%, that's a huge amount and very worrying. They need to increase the customer base quickly and that is why they are going to introduce a mid cost credit product. PFG have always set their customer target at 2 million. They had better pull their finger out, otherwise they are going to have a big problem on their hands.
1cutandrun
11/8/2021
19:26
Heady even
jimbobs147
11/8/2021
19:25
Not sure we'll get back to those kind of heavy heights but I'm hopeful of £5 by Christmas.
jimbobs147
11/8/2021
17:49
Hope you are both right, no other disasters ahead. I am one of those suckers who increased my holding during the good years here , enjoyed big dividends but then should have sold as it started to slide. Think I average about £20 !
wad collector
11/8/2021
13:58
Pretty easy to value, still cheap as chips.
bbarry8
11/8/2021
10:12
CCD is being closed down, scheme of arrangement been approved by the court so by 2022 there will be no leaks to plug.
jimbobs147
11/8/2021
09:50
The success of Vanquis and Moneybarn is clearly such a contrast with the rest of the company it is hard to value. Pumping water into a leaking Dam . Which will prevail?
wad collector
11/8/2021
08:57
Market seems to like the results: "Group adjusted ongoing profit before tax (PBT), excluding CCD, of £63.5m (H1'20 restated PBT: £4.9m) reflects a reduction in impairment and costs year-on-year which combined to offset the fall in revenue."
deadly
04/8/2021
15:36
Scheme approved, line drawn under CCD. Far easier money to be made here than messing around with Amigo. Could easily see £5-7 over next 12-24 months IMO.
bbarry8
23/6/2021
16:41
Pretty punchy release from the company yesterday, not backing down from scheme. Definitely learning from Amigos experience
bbarry8
19/5/2021
22:03
The only thing I know is letters were sent out yesterday to customers about the scheme of arrangement("Scheme"). scheme.providentpersonalcredit.com
1cutandrun
19/5/2021
09:56
Same as yesterday.....
harleymaxwell
18/5/2021
09:20
Anyone know what's going on today?
xtomo
14/5/2021
07:52
That's management as well, I know someone at regional level who's got a leaving date already of 30/6
jimbobs147
11/5/2021
13:54
Bbarry8. Looks like you are right and they are running it down. Just been informed, managers and agents have been made redundant and have 45 days. Expect they are going to try and collect out with remote payments.
1cutandrun
10/5/2021
20:08
Cheaper to run it down than capitalise a new entity. If they do manage to sell it as a going concern will cost them. No sane buyer would take on such a liability. This business will be rebranded within the next 12 months, time to forget it's past. Once CCD dealt with would be surprised if PE don't start sniffing around. Vanquis is a gem of a business.
bbarry8
10/5/2021
17:35
They still have just over 300,000 home credit customers, so my money is on them splitting the company, just like they did when they got shot of Provident Polska, now IPF, and float the new company on the LSE. That way everything can be moved lock stock and barrel, offices, admin, staff and customers. A new board of directors and they are ready to go.
1cutandrun
10/5/2021
12:26
How much do you expect them to get from that business arm sale?
marmar80
10/5/2021
12:25
1 Billion GBP
jimbobs147
10/5/2021
12:13
K19 they are swimming in cash read today's report
scemer
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
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