Provident Financial Share Discussion Threads

[evilwebby] 16/2/2006 16:25

Definitely broken out of the downtrend now :-)

[spob] 15/2/2006 10:37

Yes that well covered dividend yield is one of the reasons why this popped up on my yearly stock screen.

Yes car is history now

[mountpleasant] 15/2/2006 10:28

Funds waking up to the fact that its 6% div. yield and its well covered. The Yes car credit has been ditched and theres a trading update in early march, 10th I think. Funny thing is, the very same funds will those buying it back at higher levels.

[spob] 15/2/2006 08:35

i would assume the above was written by a Romanian :)

[spob] 15/2/2006 00:16

British firm enters market

British-based Provident Financial opened an office in Bucharest and started recruiting for its activities on the Romanian market.
The consumer credit company is also financing cars acquisitions and closes auto insurances.
Providential has offices in the Czech Republic, Hungary, Poland and Slovakia.
The company's crediting activities amounted to 966 million euros and its net profit was of 85.4 million euros, in 2005.
Provident Confidential started its activity over 125 years ago and is listed on the London Stock Exchange.

[ibrox] 14/2/2006 17:15

Kiltrock it was last week, I took a small position as above but still not done the research to go in stronger!

[spob] 14/2/2006 16:53

big vol today

any news ?

[spob] 14/2/2006 16:53

hxxp://www.providentfinancial.com/plc/Investor_relations/Financial_information_and_presentations/Financial_calendar.aspx

[spob] 14/2/2006 16:35

nice rise
big volume

any news ?

[kiltrock] 13/2/2006 13:41

Hi all,
Little time for research - is this company worth investing in? Just come into my radar screen.

[evilwebby] 10/2/2006 16:16

Finally.. back to my buy price. Only bought a couple of months ago, but seems like it's been a long hard slog. :)

[evilwebby] 10/2/2006 07:48

IBrox, I think the dividend is pretty well covered. The p/e is only 11, and divi is 6%... just below twice covered.

[ibrox] 09/2/2006 11:21

Thanks Varga, when I get some time I'll do more in depth research.

[varga] 09/2/2006 00:33

I know the trade and Company very well,
times are difficult but the divi's have been rising for the last 15+ years,
and I believe Provident will be doing every thing possible to continue this trend.

I have recently taken a fair size long position.

[ibrox] 08/2/2006 23:51

Looked around last week at dividend yield as a backup to Lloyds if they get taken out some time soon. I came up with this and have entered with a small spreadbet. Anyone any thoughts on how safe the future dividends are?
Noticed this rose in the afternoon in line with Lloyds and increase in volume there, seems to me that others may start thinking the same way.

[evilwebby] 05/2/2006 14:47

Blimey. Divi yield is now over 6%. Can't go much lower.. can it?

[bcf203] 28/1/2006 09:20

This is looking like a good recovery play now having bitten the bullet with Yes Car. The UK business is relatively stable.The International business is the interesting part as it seems to be growing very fast. A decent yield if they can keep paying the dividend also gives comfort for income funds.

[evilwebby] 03/1/2006 18:01

Decent value here. I'm holding. Fair price would be 640-660p IMHO.

[forensic] 14/12/2005 13:40

The Yes Car Credit operation should have been closed down straight after the damming TV report. Good riddance for potential customers.

[john3419] 11/10/2005 12:59

Where on earth is the bottom?
Just keeps on falling.

[this_is_me] 05/10/2005 09:15

Some dive this morning. I am glad I took my profits when they were at about £7

[osull] 31/8/2005 16:43

If you have a taste for technical analysis, the share price has just broken through the 20 day ma, and all of the indicators (MACD, RSI, stochastic oscillators) are bullish.

All in all very encouraging.

I hold, so dyor etc.

[evilwebby] 26/8/2005 16:12

This wants to go up, but unluckily has just coincided with the a market pullbackt. Back to 700p by Christmas.