Member Info for grippa

Thanks TheBorn, This makes sense to me now!! So the time to buy in might be when his fund re-opens, guess its always gamble but would expect big sells by then!!

It's bizarre but just a amateur here don't understand the mindset of institutions!!

Don't understand why a company like invest would be selling down at these prices?? Do they trade them a lot??

I m not investing on your views but the information off woodford and Keith ashworth lord. If its good enough for them it is for me I m just trying to learn more before I commit a sizeable amount thanks

Roman like your post so how is Provident financial better than the companys you mentioned please I am keen to learn if PFG has a moat around its business model or not??

Excuse my ignorance but in my basic knowledge sub prime lending is lending to people who might have difficulty paying back so pay silly interest what percentage of provident financial is this. TheBorn kindly highlighted the different businesses they have but still don’t know what they all do in layman’s terms never thought of an investment like this before so struggling to understand the basics of it!?!

Excuse my ignorance but in my basic knowledge sub prime lending is lending to people who might have difficulty paying back so pay silly interest what percentage of provident financial is this theBorn kindly highlighted the different businesses they have but still don’t know what they all do in layman’s terms never thought of an investment like this before so struggling to understand the basics of it!?!

*IF anything

Basically asking what risks come with it? I realise woodfords a major reason why the SP is so low what else could of anything pull it down further apart from Woodford? Don’t mean to sound realistic just hoping to get a good understanding

Thanks TheBorn this is good reading and IF there is a recession we have to be realistic SP will be effected but theres no chance of them Going bust?? I keep looking here but have funds tied up elsewhere they may become available soon so just starting to look more closely here but not got much knowledge of it so excuse my amateurish questions and thanks for the reply!!

TheBorn do you have a target share price for PFG in say 3-4 years and is there much opportunity for dividend to Grow also within this timeframe??

https://www.rigzone.com/news/mexico_extends_private_firms_offshore_contract-12-sep-2019-159790-article/?utm_source=GLOBAL_ENG&utm_medium=SM_FB&utm_campaign=FANS&fbclid=IwAR0-oQ84PTwGDwQKwoaT0Qw9UWOS5v-K1NuXfSS9o1gPB2cbUpyetdNuAhU

Sorry to hear this MrD have been a good source of info on here

And tolmont drilling as we speak expecting a update and time now

I,m not waiting results of Zama and Alaska drilling first quarter of next year Mexico’s drilled next year right next to one of the best oil finds in the last 5 years infill drilling on catcher next year and every chance someone try’s to buy out premier! No garuntee I’m making the right move but for me the odd are stacked in our favour

That obvious CHUTNEYFERRET so now your trying to talk the price down

LOL thrown a hissy fit there so I must be touching a nerve ChutneyFerret!!!

All you do is lie and try to highlight any negative even though the positives far out weigh the negatives with premier oil! PLEASE TELL ME WhAT INSTITUTION DO yOU WORK FOR??????

So this week the premier team are in London meeting potential corporate investors selling the storey highlighting the opportunity’s we have to increase share value short term painting a Rosie picture, could help the share price this week!

The cash ferret your a souring lier