Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

Paragon: The Crisis Will Be Over In No Time At All

Recommended Posts

http://money.guardian.co.uk/news_/story/0,,2171797,00.html

Buy-to-let lender predicts crisis will be shortlived

Graeme "Graham" Wearden

Tuesday September 18, 2007

Guardian Unlimited

Paragon, the UK mortgage firm that lends to buy-to-let landlords, predicted this morning that the crisis in the credit market will ease before the end of the year.
The company reassured investors that it would still hit its profits targets for this financial year, despite the impact of the disruption in the global markets. It said it had enough funding to see it through to 2008.

PARAGON GROUP (LSE:PAG.L)

Last Trade: 302.50 p

Trade Time: 11:38AM

Change: 16.75 (5.86%)

Prev Close: 285.75

Open: 300.00

Bid: 302.50

Ask: 303.75

1y Target Est: 601.25p

The stockmarket is re-assured sending shares in Paragaon soaring as happy investors piled into shares.

Edited by Realistbear

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 349 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.