Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Provident Financial    PFG   GB00B1Z4ST84

PROVIDENT FINANCIAL (PFG)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe Europe - 06/20 05:29:59 pm
631.7 GBp   +0.05%
05/09PROVIDENT FINAN : says recovery plan on track
RE
05/09PROVIDENT FINAN : Proxy Statments
CO
05/09PROVIDENT FINAN : Proxy Statments
CO
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Provident Financial : British debt collector Cabot to launch 1 bln stg IPO next week - source

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/13/2017 | 02:20pm CEST

LONDON (Reuters) - Cabot Credit Management, Britain's biggest debt collector, is set to launch a 1 billion pound (1.00 billion pounds)stock market float next week after a delay last month to revamp its board, a person familiar with the matter said.

The firm had hoped to announce its intention to float in September, but postponed it after Peter Crook, the former chief executive of Provident Financial, stepped down from its board.

Cabot had planned to appoint Crook as its chairman in preparation for the London listing, the person said.

Crook's resignation from Provident Financial following an August profit warning also prompted him to leave Cabot, forcing the debt collector to find a replacement.

It is not known who Cabot will appoint in Crook's place.

Goldman Sachs, Morgan Stanley and Jefferies are managing the float of Cabot, which is owned by U.S. debt recovery business Encore Capital Group and JC Flowers.

They are targeting a 1 billion pound market capitalisation for the business.

A spate of companies have unveiled plans for London IPOs since the start of October, including ready meals supplier Bakkavor and power firm ContourGlobal.

(Reporting by Ben Martin; editing by Mark Potter and Jason Neely)

By Ben Martin

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PROVIDENT FINANCIAL
05/09PROVIDENT FINANCIAL : says recovery plan on track
RE
05/09PROVIDENT FINANCIAL : Proxy Statments
CO
05/09PROVIDENT FINANCIAL : Proxy Statments
CO
04/30PROVIDENT FINANCIAL : Dividends
CO
04/30PROVIDENT FINANCIAL : Monthly statement on outstanding equity shares and voting ..
CO
04/10PROVIDENT FINANCIAL : Crossing thresholds
CO
04/09PROVIDENT FINANCIAL : Threshold crossings
CO
04/09PROVIDENT FINANCIAL : Crossing thresholds
CO
04/06PROVIDENT FINANCIAL : Crossing thresholds
CO
04/06PROVIDENT FINANCIAL : Threshold crossings
CO
More news
News from SeekingAlpha
03/27Can Paul Singer Shake Up Provident Financial? 
03/03Wintergreen Fund 2017 Annual Investor Letter 
02/27Provident Financial Plc. ADR 2017 Q4 - Results - Earnings Call Slides 
2017Tweedy, Browne Fund 2017 Semi-Annual Letter 
2017In The Doghouse - How Provident Financial Showed The Risks Of High-Yield Stoc.. 
Financials ( GBP)
Sales 2018 1 129 M
EBIT 2018 263 M
Net income 2018 121 M
Debt 2018 -
Yield 2018 1,87%
P/E ratio 2018 14,36
P/E ratio 2019 9,85
Capi. / Sales 2018 1,41x
Capi. / Sales 2019 1,34x
Capitalization 1 587 M
Chart PROVIDENT FINANCIAL
Duration : Period :
Provident Financial Technical Analysis Chart | PFG | GB00B1Z4ST84 | 4-Traders
Technical analysis trends PROVIDENT FINANCIAL
Short TermMid-TermLong Term
TrendsBearishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 7,67  GBP
Spread / Average Target 22%
EPS Revisions
Managers
NameTitle
Malcolm John Le May Chief Executive Officer & Director
Stuart William Sinclair Non-Executive Chairman
Andrew Charles Fisher Executive Director & Finance Director
Steve Grigg Chief Information & Technology Officer
Robert Anderson Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PROVIDENT FINANCIAL-3.75%2 089
SYNCHRONY FINANCIAL-9.35%26 416
DISCOVER FINANCIAL SERVICES-3.06%26 030
BAJAJ FINANCE29.49%18 962
INDIABULLS HOUSING FINANCE-1.07%7 524
ACOM CO., LTD.-9.17%6 170