Provident Financial Share Discussion Threads

[mister md] 23/8/2017 15:21

so 80% drop since earlier in the year ...

[glenkaz] 23/8/2017 15:07

£45k

[kmann] 23/8/2017 15:06

23 Aug 17 Numis Buy 690.00 Resumes. The only broker with any cred on this. BUY

[citytrader66] 23/8/2017 15:00

you much you got in this glenkaz if you don't mind me asking!
i traded it yesterday and made 2% profit and was pleased. but from low to high it jumped 38% so theres room for improvement!

[glenkaz] 23/8/2017 14:58

There's allot of w/nkers about! Some nice peeps! Some silver spoon towie wannabe lives of daddy sc/m around! 🤡🖕

[pediment] 23/8/2017 14:54

Yep, sideways yawn fest now, next excitement 4.30 auction

[glenkaz] 23/8/2017 14:26

There's value in £850! Honest 😁 I've put my sell up! Ha ha! 🤡🤞

[glenkaz] 23/8/2017 14:24

Come on woody load up! Big! 💪🤡

[glenkaz] 23/8/2017 14:23

Think it's coming..... yer but no but! 🤡🤞 this time plllllllleeeeaaaasse break out!

[mister md] 23/8/2017 14:20

you would expect to see at least some sort of bounce from these levels, if only for 'technical' reasons ... ?!

[andyj] 23/8/2017 14:16

Isa ready CFDs with Saxo. Not my fav company, but their sign in is relatively fast, which you need when shorting.

[isaready] 23/8/2017 13:48

andyj - what do you use to short stocks. Thanks.

[glenkaz] 23/8/2017 13:25

Or maybe not 😬 Who knows no one ☝️

[glenkaz] 23/8/2017 13:21

Shorts should close what's left! Think we may get a good run after lunch as no sell of the last hour! Fingers and toes 🤞 🤡

[mister md] 23/8/2017 13:11

Incredible, trading at 3000p for months, now under 600p, and its not even on AIM

[glenkaz] 23/8/2017 12:55

Andy nice post and good to see a view from someone who has shorted and out 🤡👍 holding we'll think ready for next leg over! Back to the share up! Ooooh er mrs! 🤡✌A039;

[grahamite2] 23/8/2017 12:52

saltaire, people have been talking about "the forthcoming bond crash" for years now. The theoretical possibility is obvious, but there's not the slightest sign we'll get the necessary conditions any time soon.

[andyj] 23/8/2017 12:50

Closed my short yesterday afternoon. I wouldn't buy at this price, but I would not deter those who do as long as you have patience! The loss of credibility will take time to recover, but it is far from a sunken ship. They made a calamitous and foreseeable mistake of moving ftom a profitable way if selling and collecting loans to an unprofitable one. I would imagine that could be fairly easily reversed and a return to the previous model would see a jump in the price. The FCA investigation is a bigger cloud, but again they have stopped selling the disputed product and it concerns a limited timeframe. A fine would surely be punative. I don't see a threat to the existence of the company, like the situation at CLLN, unless of course there are more revelations to come. Yet surely the worst is out there?

[glenkaz] 23/8/2017 12:32

Back in lol have to say could not buy in one go 🤞

[tim 3] 23/8/2017 12:31

It really does illustrate you just don't know what will happen here we have a ftse company recommended by someone who is supposed to be one of the best stock pickers out there and it drops by 2 thirds!A perfect example of the importance of spreading risk personally I never have more than 10% in one stock.No disrespect but some of the risks taken by individuals on this thread will almost certainly end badly have seen it many times in the 17 years I have been on here,they usually end up broke.

[glenkaz] 23/8/2017 12:18

Sold 600 £43k

[redbaron10] 23/8/2017 12:11

Takes some doing as a ftse 100 company to lose two-thirds of your value in one day.If there was a 'disruptor' in this space, like an amazon,then there could be an excuse!! I know instead of people with apps,get drones to collect the money instead.Far cheaper Mr Crook,or is Mr Crook reapplying for a job at Provident as a collector now.

[letmepass] 23/8/2017 12:07

Nope think the low has been hit, expect only forward movements