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Any Views? (PFG)     

stuartflys - 06 Nov 2003 16:07

What does anyone think about this share in the short term?

Rise to 685?

Seems to be a good trender !

Chart.aspx?Provider=EODIntra&Code=PFG&Si

skinny - 27 Feb 2018 15:28 - 44 of 48

Publication of a Prospectus

CC - 28 Feb 2018 08:38 - 45 of 48

I don't understand ! I understand the short squeeze but I'm surprised the share price has risen so much.

The rights issue came in at two-thirds the value that was being mooted which enables their capital ratio to have some headroom.

But then they are going to reinstate the dividend in 2019. It seems to me that this leaves them rather leveraged in the event profits do not deliver and they will have the bonds to refinance in due course as well.

It seem to me there is alot of trust profits are going to be delivered as promised



skinny - 28 Feb 2018 09:11 - 46 of 48

A bit of 'whore's drawers' this morning - its already ranged a quid.

black bird - 28 Feb 2018 09:17 - 47 of 48

have sold yesterday, to much debt . M fool avoid also BB

CC - 28 Feb 2018 14:51 - 48 of 48

RNS out this morning and now I understand price action.

Woodford has bought another 2m shares. Perhaps not all yesterday but over the last few days or weeks.

So, he's supporting the price and causing the short squeeze.

I think this is really dangerous. He's got 24% now. At 30% he won't be able to buy any more.
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