Member Info for russ1983

Let's hope this "source" is right and mr market likes the news its being shut down...

The source said shutting the company's loss-making consumer credit division should boost Provident's shares, which closed at £2.45 on Friday, down a fifth on the start of the year. A spokesman for Provident declined to comment.

“It will take time for the market to digest this statement; however, the lack of a right issue is a clear positive,” Liberum said, reiterating its price target of 350p.

holy smoke just hit 3.50.

Nothing better than a contrarian value bet delivering the goods finally. often it happens like this
Just hope a bidder comes in now for £5+

Down 20%..so far

home credit business under regulatory probe & want to have to scheme of arrangement for complaints..FCA not happy and CCD could be put into administration if they cant work it out with them?

Struggling to hold provident for all this to be sorted...

and its "at least" 800m, so if we get the strong recovery, they can payout more than that especially from next year

RNS £1.05 offer rejected...thought we`d pop to at least that

noice, wonder how much the cash offer is?

unfortunately we wont get any update till March either, I emailed investor relations and no trading update in Jan. have to wait till results in March...so share price will move with sentiment towards lockdowns until then

BUZZ – Ibstock: Top of FTSE 250 after lifting outlook on housing demand
09:22
* Shares of bricks and concrete producer rise as much as 7.4% to 211.40p after co bumps profit outlook; biggest gainer on Britain's mid-cap index
* Says expects to report 2020 adjusted EBITDA modestly above previous guidance of 50 mln stg ($69 mln)
* Says activity in Q4 benefited from better-than-expected demand in both new build housing and the Repairs, Maintenance and Improvement (RMI) markets
* Sees FY revenue of around 315 mln stg, down by 23% compared with 2019, with H2 recording smaller drop of roughly 10% y-o-y

hmm that was a fantastic update...profit this year will be above £50m expectations and they managed cash much better than expected with net debt falling to £70m from £103m 6 months ago. net debt is lower than this time last year before the pandemic

They may still do a dividend when final results announced if trading and cashflow continues to do well

Nice. Hopefully update on the sale with trading update tomorrow morning...

Poor trading update as usual. All we can hope for is for a takeover approach

They are going to breach their banking covenants end of jan...

Stronger than expected and most importantly "the Board now expects to agree the resumption of dividends with the interim results on 4"
February 2021.

will help card factory`s prospects when covid over to be the remaining survivor if clintons goes to the wall as well

I never understand why bab**** is so sensitive to brexit...

In auction again

Profits way above estimates. In auction at open

Nice pop this morning on updated on paying a final dividend for 2020 on top of interim for 2021 already announced