Provident Financial Share Discussion Threads

[guyswonga74] 22/8/2017 19:41

Nope. Not really a trader glenkaz unless I see a good opportunity. Not in this at the moment but I am heavily in AAOG ready for there huge well drill end sept / early October so in for at least spud. Very few shares in issue over here and I see 40-50p by end of next month. Hope your trade works out here 🤑👍

[glenkaz] 22/8/2017 19:28

No need to lie to any of you! My first post said I was gonna trade! £45 k in here is nothing the big boys fighting it out! It needs to rise 5 times now to get back to year high! No chance! But it can go u 50% from here easy! Imo gla! 🤡

[topvest] 22/8/2017 19:23

It's on the barge pole list for me. Maybe a good buy once problems resolved, but not before....unless you are a gambler. No confidence in Chairman, CEO or FD. They all have to go.

[glenkaz] 22/8/2017 19:22

Ask mr wonga he knows the truth! I once had £200k in a share proven no bull from me I lost a fortune on aim! It's true just have £45k to play with rest in bonds! I gave £400k away to family freiends I won £1 mil on a £5 scratch card! True 🤡✌A039;

[topvest] 22/8/2017 19:21

To keep their capital ratios intact. Let's face it they haven't announced the exceptionals yet. I expect another warning at least. It's far too soon to be looking past the current issues. The business is in meltdown.

[mally6] 22/8/2017 19:17

Glenkaz Soo much bull coming from u all day u won the lottery as well r u on medication

[5chipper] 22/8/2017 19:16

Topvest - what will they need to raise funds for?

[scotty666] 22/8/2017 19:16

Topvest I read they do not think fund raise will be necessary after cutting the dividend and maintain profitability at group level (albeit reduced)

[glenkaz] 22/8/2017 19:09

Hi wonga 🤠👍 finished £6k up with £43k in was £2k down sold bought back 453 as posted sold 560 then thought f it it's not dropped much bought back 565 lol! Think tomorrow will bounce to 7 8 what you think mate🤔 Are you in 🤔 You 10% er lol🤡✌️

[topvest] 22/8/2017 19:08

But rather difficult to believe in those forecasts wouldn't you say? Hasn't Woodford lost it as forecasting 15% yield on this mess is a nonsense. There capital base must be on the brink if this continues. They have leverage and so a fundraise is a distinct possibility. Looks another Carillion to me.

[5chipper] 22/8/2017 19:03

According to Woodford's revenue and profit calculations in the interview above, these shares are trading on a 2019 p/e of 3x and yield 15%

[rackers1] 22/8/2017 19:03

He's underwater badly with the amount of bottom picking he's done today.He forget old Chinese proverbHe who pick bottom, get smelly finger.

[guyswonga74] 22/8/2017 18:59

Hoya glenkaz. See you boughtnback in before close. How many shares did you buy and were you lucky with a cheap price??? 👍

[glenkaz] 22/8/2017 18:53

Over 7 maybe 8 this week certainly won't drop imo! No chance! It has been well and truly raped by shorts! And they have to settle 🤠👍👍

[scotty666] 22/8/2017 18:45

Seems Woodford is hanging in

[scotty666] 22/8/2017 18:32

"As the shares plunged, losses among the company's top investors were huge [see box]. Star fund manager Neil Woodford saw his 18pc holding fall £300m in value to £168m, although he issued a bullish outlook saying that while he was "hugely disappointed" he believed things would "ultimately get back on track."

Assume he won't be selling and backing the turnaround then, let's see.

[blueball] 22/8/2017 18:30

Lost its way 50p here.

[glenkaz] 22/8/2017 18:28

Blimey year high!!!! Now shocking! To shocking!! Room for a good leg over! Oooops mean up! 🤡✌A039;

[glenkaz] 22/8/2017 18:25

Bounced 👍 look 👀 out shorts now! You should have closed 🤡✌A039;

[djderry] 22/8/2017 18:23

Not one of my better investments,my only consolation is that the thousands of pounds lost here may ,in part,be made up from gains in Juridica Investments,another stock that everyone agreed was a basket case.

[glenkaz] 22/8/2017 17:40

Re test 7 easy imo 🤡✌A039;

[kirk 6] 22/8/2017 17:22

Agreed probably another bad day tomorrow and a test of £3

[tradejunkie2] 22/8/2017 17:14

Profit warnings usually comes in 3's.

[grahamite2] 22/8/2017 17:09

Dead right topvest - when there's seriously bad news the thing is to get out right away, not just sit around hoping for something to turn up. By getting out promptly I only lost half my money on Carrillion rather than 75% of it.