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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Paragon - Buy-to-let lender forecast to increase eps from 31.1p to 51.6p between ‘14-’17

August 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PAG
  • Price:
  • 390p
Recent TMI recommendations of “challenger banks” Aldermore, 263p and OneSavings Bank, 287p, have been seeing strong loan book growth and high net margins thanks to the void left by the retreating Big Five. Another niche lender on the cusp of a decent run is Paragon Group, which is focused mainly on buy-to-let (BTL) mortgage finance in the UK. What has attracted our weather eye has been the remarkable 66% surge in BTL lending and doubling in its new business “pipeline” in its half-year ended 31 March.  Broker UBS expects eps to soar from 31.1p to 34.2p, 43.7p and  51.6p in the years ended September ’15-’17, although these may be subject to review following the Budget’s reduction in mortg ...

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Related Articles

Paragon - Introduce stop-loss of 297p (July 2016)
Paragon - Mortgage pipeline up 43% (March 2016)
Paragon - Buy-to-let lender forecast to increase eps 74% over next three years (December 2015)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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