Archive for 'CTT'

Cattles – Credit Comment

Merrill Lynch research note, funding risks come to the fore:

Cattles – ML [pdf]

Subprime Lenders

Merrill Lynch update on Cattles and Provident Finance as inflationary pressures mount:

Cattles BUY
Provident – Neutral

Cattles – Updates

Merrill Lynch update following PPI Inquiry findings:
Cattles 050608 [pdf]

JM Finn & Merrill Lynch BUY updates following trading statement:
Cattles BUY 190608 [pdf]
Cattles BUY 240608 [pdf]

Cattles – Rights Issue

Merrill Lynch notes pre and post rights issue:

Speciality Finance – 080408[pdf]
Cattles BUY – 240408[pdf]

Subprime Lenders

Dresdner Kleinwort seem to be ‘talking their book’ with a Hold recommendation on Cattles and a Buy recommendation on Provident Finance:

Dresdner Kleinwort
Provident Financial – Buy
Cattles – Hold

Merrill Lynch:
Cattles – Buy