Member Info for denby69

this is crazy 4 billion pound company will still make a profit ??

new but I think this is over done

just Bought in seems like a bargain below the IPO price ??

Thank you :-)

Chartist2, Put me rite, I thought that in would fill that gap before going up ??

Chartist2, Put me rite, I thought that in would fill that gap before going up ??

Frisby, If you say about me is rite, I would hate to take up any of your recommendations YOU POOR LOST SOUL I suggest you read all the posts. :-)

Never have i said the sp would go down to 3>>>4 pounds I only post what I think and the things I have posted are true.

Chartist2. I am not be negative, just the way I see it the RSN was sugar coated and this might be a short term gain But I look a lot further down the line I am still in and will be in for another 2 years :-)

The door step division is still in a dire position with collections at a low level & as a consequence generating massive bad debts.I doubt its viability. Vanquis Bank faces a fine & repayments of between �150 & �200m for mis-selling PPI style products.Taking in account continued losses from door step division & Vanquis Bank situation the company appears under capitalised.Certainly as Vanquis is not allowed by the financial authorities to pay out monies to the parent company due to concerns re its regulatory capital base post fine & repayments & losses by the doorstep division the possibility of dividends any time soon is slight until its capital base is repaired.

Analysts perceive further tail risks of PFG not being able to meet its October 2019 debt obligation, breaching of debt covenants and the potential impact of IFRS9 accounting. If fined by the FCA, they estimate Vanquis can only pay around �200m from existing liquidity headroom and retained earnings if the October 2017 and 2019 bonds are to be repaid while maintaining a regulatory capital ratio for Vanquis above 20%. These assumptions are not baked into a base case, where earnings per share forecasts have been cut 32% for 2018 and 17% for 2019, but analysts are worried they "could have a meaningful impact on earnings and cost of funding".

nice little pattern from 11.24 to the upside but the RSI was sugar coated

Chartist2, Just a little pressure to the up @ 870 at the moment

LOOKING TO FILL THE GAP AT 833

866.849 at the moment looking for 830 lol

Note, traders make the market you should pay attention to graphs nice little gap to be filled @833

Just look at the graphs there will be selling all day :-)

You should read earlier posts and i did get more this morning and happy :-)

LOL YES IT DID HAPPEN YOU JUST MISSED IT IT OPENED @ 308.10 WAS A GOOD PRICE TO GET . The early bird gets the worm :-)

my post last thursday 19.06 DONT know why you have closed position, look at graphs still has some way to run. then it went on to �3.12 and you say I dont know what I am saying silly boys.