Member Info for Pooks

What date is the trading update ??

Utter C…p

Traders de risking heading for the beach.

The pattern gets more pronounced every year….

Roll on September.

It’s normal at lease end to pick up dilapidation costs so are we to assume they are leaving HQ in Bradford.

The millions allocated would suggest that or are they finding every bit of bad news .

Standanddeliver … what was never reported was the agents compensation ( EU LAW ) 2 years average earnings. Would be big money.

Certainly is history but the business was doomed whether or not the sales force was self employed or not . In this highly regulated industry self employed agents must be a nightmare to control.

Moniman .. What’s the point of regurgitating results from a month ago most on this site know exactly the situation… your just late coming to the party..

Moniman Your point is ?? This is old news

Lancebombariar pretty much agree .. the whole historical journey has certainly given me an in-depth background too which otherwise would be hard to comprehend coming in fresh .

Franalex , i’am in exactly the same position as you and mentally have written off 100% of my original investment from many years back . Now I see this as an opportunity with a big potential upside if they can get it even half right. Looking back in the cold light of day the Government effectively wanted to close down the Sub Prime lending Market hence that led to the painful reality that Provident was pretty much down and out, the bit in the middle is irrelevant now.

Franalex why invest ( assuming you are ) it must be playing havoc with your well being .

Franalex what’s the point harping on about the share use to be £35.

That business model is now defunct.. dead

Door step lending doesn’t exist., that’s how they turned in the profits.

This is in many ways a start up with baggage.

Even from there in house Brokers state .. they only expect the SP to rise once the Market has confidence that the business is profitable. So Now It’s All About Delivering.

Peterr … Glad there in your Top Drawer not the Bottom.

Thanks Peterr

PottyTime … as my old mum used too say patient is a virtue but sometimes investing tests one’s resolve.

Bottom drawer it is then.

Fellow investors when will the tide turn or at least stabilize ?? Only positive thinkers please .

Can someone explain why ? Up over 5% now in minus … there seems to be an awful lot of very small sell transactions. Could it be small time day traders taking a pathetically small profit ?

Because they make a profit… and if they stopped sponsoring a good proportion of the races card this weekend at Aintree they would make even more.

Don’t expect a rate drop anytime soon this will have an adverse affect on the SP .. hot inflation figures in the US today as I predicted over a week ago will spill over in the UK market… just don’t believe what you read about UK inflation, it’s still there, the government is trying to paint a rosy picture.

Well said Mary…