Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Just checked £100.50.
No money for a while otherwise I might have bought more.
Profit increase looks quite impressive. I afraid I haven't bought as the 12% 2027 bonds were just to tasty.
May still be possible to get them close to par due to the market volatility.
How this is blue today, I don't know. Impressive.
I've held and sold ipf for a few years now and as I've said before on here it always comes through in the end. This one took a big longer than normal but after being down for the last year I'm back in profit with it as I knew it would. Happy vindicated days.
That's a pretty damn solid divi now.
Excellent results
15% increase in dividend
Full year results tomorrow.
Be interesting to see numbers together with forward looking statement and divi.
I've been studying these share trades now for over two months and IMO the spread prices are the reason for the movement on these shares being contained within a defined range. Last night at the end of trading (4.30) the books were not balanced (UT), Why? This morning stats showed a spread of 7.70p and at 11.19 it went down to 0.90p , why such a huge difference? If you look at the first 8 trades today, 7 were buys and one single share sold and the share price went up less than 1p. After that the large spread price kicked in, hence the yoyo graph movement. At 10.01 the shares were £1 and then at 10.02 a single share sell made the price 94.30p. That 5.70p difference killed off the buyers. Nobody was going to buy at £1 knowing the price could drop within minutes by 5.70p a share. It wasn't until 12.32 that buyers came back when the spread went to 1.20p. I'm of the same opinion as other posts on here, that nothing seems to add up. Are these share being constrained for some unknown reason?
I think it is just the market makers moving the. price. to attract. some buy or. sell trades - by which he profits, of. course
Finally a bit of traction...I've held and sold and held and sold this share for a few years now and it always comes through in the end...not sure why it's moving now but it does move in mysterious ways
This share is just odd. It moves within a pretty defined range, and I find the upticks only come on solid good news / annual results.
Yes no reason it seems for this drop against a strong general market
100k and 58k purchases and the price falls?
International Personal Finance Plc Notice of investor briefing - 18 January 2023
Source: UK Regulatory (RNS & others)
TIDMIPF
RNS Number : 9947L
International Personal Finance Plc
09 January 2023
International Personal Finance plc
Notice of investor briefing on Wednesday 18 January 2023
International Personal Finance plc ("IPF" or the "Group") is pleased to announce that it will host the second investor briefing in its series of webinars providing insight into the Group's markets, strategy and operations.
The briefing featuring IPF's Mexico home credit business will be broadcast live from Puebla in Mexico at 15:00 GMT on Wednesday 18 January 2023, and hosted by the Group's CEO, Gerard Ryan and Country Manager, David Parkinson. The event will provide an opportunity for analysts and investors to learn about the home credit business' unique market position, the customers it serves and strong growth potential. No new financial information will be disclosed. The briefing, including a live Q&A, will last around 60 minutes and is open to
investors and analysts . To register for the webinar, please contact rachel.moran@ipfin.co.uk
A recording of the event and presentation materials will be available on the Group's website shortly after the
event at www.ipfin.co.uk
I think it is. general market apathy. Most of the. smaller stocks are. in the. same boat despite. she being brilliant. companies. . Remember the old. saying "no news is. good news"
I'm holding on to the hope its a)
Well I appreciate that today was a sh*te day on the market in general but nearly 10% down on zero news (as far as PI’s are aware). The forecast divi for 2023 is 9p so this now on a foreward divi yield of 14%. It’s either a) dirt cheap or b) someone’s got wind of something…
Unbik, you’re quite right! I don’t know why but I thought that the those also had a presence abroad.
Don't Morses Club and NSF operate in a completely different geographical market, i.e. the UK, where as IPF are based in Eastern Europe, Mexico and Aus. Hence I don't see them as competitors.
… it looks as though Morses Club and Non Standard Finance are as good as finished. If this happens, who are IPF’s main competitors? Surely there is still a demand (to some degree) for their services??
If we go bust as a bond holder you will be in the line of creditors waiting for a payout . You will be slightly ahead of ordinary shareholders but dont get too excited . No protection from anyone . No risk no reward .
Hi Guys
does anyone know if those bonds are backed by FSCS? Or in other words if IPF go bust do we get our money back? New to the bonds so don't know much about it. Any help will be appreciated.
TIA
I also own the existing bonds , never been a problem , will convert to 12% issue . only paid about 60p each if i remember puts my yield at 20%ish cant really do better than that . Will also buy more at 12%.
GLA
Thanks very much Sotoman - I'm planning on holding to maturity so am happy to hear from someone who's both held up until now from the last release of bonds and who is planning on extending holding. From the data, it looks like all bi-yearly coupon payments have been made in a timely fashion etc. which is great.
I hold the 2023, 7.75% bonds that i picked up in 2020 for 56p so they've served me very well since then. funnily enough, my broker has just written to say that they are offering an exchange for a new 12%, 2027 bond which i have agreed to. I also hold shares in IPF and also believe right now they are under valued.