Provident Fin. Share Price (PFG)

Great to have them out of the way, to make some way clear for stabilised uptrend

PFG. Will have a massive overhang here for the time being

Indeed, seeing alot of upside here, as there has been alot of streamlining, and for sure, the market and appetite will be there, as we ease out o the lockdown

For pfg have never been better : early FCA intervention has forced the business to get real !! Last 3 trading statements have highlighted tighter underwriting ,closer delinquency control and increase compliance ! The banks and other lenders are busy with corporate ,commercial and a distressed consumer ,they will tighten up and deliver prime consumers pfgs way whikst still having to pick up the tab for past misdeeds !! Pfg in this post lockdown have a gr8 chance if controlled growth @ decent margin considering cost reductions and certainly has 50% upside even with Invesco overhang

"Medium term it is a great buy though"
I added some of the debt, c12% YTM, Provident Financial 7.0% 2023.
Fitch downgrade in March hasn't put me off (but very limited exposure to this in my portfolio), once the sumemr is out of the way things might be tougher. I'll think about adding more post-October if the yield (YTM) remains in double digits.