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A little director buying but otherwise all is quiet. Until next trading update
wtf s going on here
That's a bit better , keep going !
This share price is beginning to worry me, especially as the Directors bought in at much higher price . Virgin money seems to be weathering the storm better than us. Also no posts from fellow holders since May.
Just been levied an Overseas Custody Charge of £37.13, this has not been levied before, I have held stock for some time.
Anybody know what has happened to cause this. Secure message reads: "The overseas custody charge has been levied in respect of your holding in Paragon Banking Group, this incurs the charge as it is held in an overseas depot in your account."
Have I missed something?
mainly due to going ex-div, 14.2 pence of it anyway
Why the big share price drop yesterday , I thought looking at the figures we were doing well.
Make that Virgin up over 20% WOW
Virgin..... not great results and stop divi up 12% ????? well well well......Paragon will have their day but it will be a grind upwards with some volatility but that's the way it should be....hopefully then you get no large pull backs, this is a very well run "bank" that has a sustainable business model with a good divi.....
Excellent results issued today , and an increase in dividend , well done .
great share, one for the future.
Great trading update all going swimmingly.....when banks do finally get a break (and they will) I feel Paragon will be at the forefront.......If its not snapped up by some bigger bank...
Just as I thought more share buy backs after hours RNS smart move at these levels and will eventually make in roads on the SP....strong buy
May see more share buy backs after hours...
Generally I am not in favour of share buy backs, but here I think it is a good idea and will eventually make a difference to the S/P still a strong buy for me at these levels...
Think it's a good time to get these like the buy backs here.
Why is the share price so low when the fundamentals look very good. I would have thought £5.00 per share would be a realistic price despite Brexit.
My guess for EPS is 48p.
Obviously how the assets hold up in a downturn is open to question if and when we have one.
I had an interview at paragon where we discussed the btl asset quality in some detail. The complaint of the credit risk team was they had no defaults/losses to build loss given default models, and that their arrears rates on secured/btl were non existent and that provision had been artificially inflated by management judgement. After that interview and purchased some PAG in the 350 range and Im still holding. Pag has buy backs and a better divi vs ald.
Hello all, I'm hoping someone more informed on the investment characteristics can help me. I'm invested in both PAG and ALD and it has occurred to me that not only is my portfolio overweight in financial institutions, but these 2 companies directly compete with each other. I've looked at the fundamentals for both of them but I'm unable to determine which would be a better holding. To me they both seem to have good EPS growth, good management, and good potential to be more profitable in the years to come than they are today. PAG is clearly bigger with an Mcap of just over 1 bil, but I'm wondering if anyone has any opinions that might help me make a decision (if necessary). I am happy to buy and hold both I just don't want to expose myself to unnecessary risk if they both tank during a downturn in financial services.
The buy back has ended which represents an opportunity to push the price down prior to year end results.
This is what annoys me about this game. An absence of news but the share goes from 490p to 420p in a matter of weeks. Someone somewhere knows something - but they ain't telling us.
What's going on? Can't find any news but chunky sales going through and big drop in sp. Surely not contagion from Provident Financial debacle? Anyone spot anything adverse?
I've been reading up on the candlestick chart stuff, still unsure about them but I'll persevere.