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Smatthews1's Latest Comments

Just watched a good documentary called 'banking on bitcoin'. Worth a watch, I believe the technology behind it will go further than the crypto currency itself. Its hard to get your head around the fact this 'currency' is so volatile yet you can hardly use it anywhere, I could see how this could disrupt economies though if it was wildly accepted, however there is no…

Hi Paul, A real quality report on Provident Financial (LON:PFG). Regarding their following statement... Collections performance and sales are both showing substantial underperformance against the comparable period in 2016.Is this just unique problem for them, or could there be an underlying issue within the sector which is just starting to show signs of cracking?Could others such as Non-Standard Finance (LON:NSF) and Morses Club (LON:MCL) be…

Interesting timing although it's Ford rather than gov. http://www.bbc.co.uk/news/business-41005208

Excellent article, good insight to the industry. You mention about them not experiencing a decline in revenue as they would be proactive with buying up franchises. However I find this as a big negative, as its just a bit of a smokescreen to dampen the effect on any decline in the industry. Not only would there bit additional costs involved but their margins notoriously thin…

After pondering over this one myself, I have to be disciplined and sit on the side lines. As you mention they have just lost 10% of their revenue. Also they have reported for some time now that the RMI market has been flat, and they are also mitigating some of their prices due to the weak Sterling. I quite liked the company at these levels…



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