sheepbaa
- 21 Nov 2006 10:49
company's broker has moved estimates up 8% for the year - stock now trades on 10x march 07 earnings. unbelieveably cheap for a company tripling earnings this year and +40% next. buy before the christmas debt splurge.
porky
- 21 Nov 2006 15:33
- 4 of 7
Beware government interference in this type of company, the big banks are none too happy with the situation.
maveric
- 21 Nov 2006 16:41
- 5 of 7
see thread "does debtmatters?" dated 10th Nov.
sheepbaa
- 22 Nov 2006 13:56
- 6 of 7
The DTI has already said that it is not going to make any changes to IVA's. In fact they are introducing a new Simple IVA making the process easier for people with smaller amounts of debt. Of course the banks are not happy and are making noise but don't confuse this with a change in the pro-consumer stance of the government. Also bear in mind when reading the FT, which in my opinion is biased against IVA's, who contributes the largest proportion of their advertising revenues - the banks of course!
alan1
- 22 Nov 2006 14:50
- 7 of 7
i have done well from debtmatters but invocas the scottish equivalent is not doing so well even though the level of debt in scotland is supposed to be higher. i dont understand why the invocas price is still dropping. Anyone got any ideas?