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I looked Sunday, made a note to buy in morning at ~36, was a busy morning and I missed it. A nice trade for those who got it.
GOOOOOOOOO Timmy : )
Good luck to you fella!!!
Cine at 54p, we all should have listened to Timmy. ;)
Morning Exp,
Sp holding the 8p mark like a possesive partner.
Pattern likely to turn if news is confirmed by Friday.
If it does not, it maybe waiting for JB selling get to a certain mark nearer 10%, by which time the results will be out also.
Final countdown...
Facility News in 3 days, there ater 1sr quarter results , co presentation, JB down to 9.66%
JB did mention if all the BOD are alligned after Aug 1st, Roger is likely to resign, ashis position is now filled.
My hunch CFO Nayar will stay on, but alligned himself under new CEO. in the event this is not the case, new vote will take place. I might be wrong. Not sure if bonus to Nayar was his goodbye bag just yet, or a keep allign gift?
Morning Figgy - you got a copywrite on that - Ha Ha!!!!!!!!
HH,
I would add ;
If the sp were to back down to 5p, i.e market cap £25m which it did for a day, it went upto 18p 3days after,.
Vultures would circle the company for a potential hostile takeover grabbing the shares whilst they are available.
I see a rerating coming
If we break 10p - it will fly, like all the other shares have been doing.
Should have put all your holding in cine hereshoping and bought this back up your holdings.
Follow me mate I will make you rich.
Hereshoping you’re deramping this share I will buy sell what I like when I like, you’re making all you holders look like morons I never put less than 10k in to a company.
You really are embarrassing your self You said you bought in at 5 yet you’re ramping trying to get others to buy in .
How’s your gains today here ???
£38m mcap, £140m cash, £600m on the loan book, net assets At year end was >£135m, and They put in place nearly £120m in provisions which should cover All or the majority of the Claims.
The figure paid out on the next results is expected to be high But that’s why they made the provision.
JB selling to the Tune of the final count down.
Judgemental. I agree 100% about the tipping point. I feel we have a lift in SO coming with regard to the financing then another when JB gets to 10% I’m going to be surprised if the don’t go for a JR or a come to satisfactory arrangement with the fca/fos that negates the need for a JR.
But the big one is going to be the 1% a day drip feed of shares coming to and end, as hereshopin put it it’s like trying to fill the bathtub with the plug out !!!!
What will really blow the doors off will be after the 1% drip finishes if JB decides to start buying back having accomplished his aim!
HH you took the words right out of my mouth!
Good luck to you lot, I will be back; remember you’re here to make money not fall in love with a share ??
I will buy back, I don’t think Glen has any good news or he would have put it out there.
What if the next news you have is the affordability complaints has tripled, does that not seem possible???
The news after that could be Amigo are going in to administration hereshoping lol
Hereshoping to be fair I was there yesterday, I didn’t announce it this morning as not to deramp.
Thanks for letting everyone know another ones bailed for now, I will be back though I’m going to trade and range the **** out cine first to get more free money together.
I will buy back in at 7 ish it won’t fall lower than that.
We all know what happens when someone jumps ship! Roll on RNS x3
I can see both sides here, and I actually agree with both.
The suggestion that we could be talking a couple of years to see the best of the share price is probably about right. Time to allow for the new lending model, FCA compliance (and how slowly that wheel grinds), complaint settlements etc...
However, there will be shorter term plays... the fact that the business is reporting it is heading in the right direction, small pieces of good news etc... will only give more optimism and a greater buy in, which will of course push the price on.
The journey is likely to be bumpy and we might see the 2 year price actually occur, albeit short lived, much sooner than then.
None of us have a crystal ball, so predicting how high she goes or when is purely guesswork right now. You can't value a business like this right now as it's value lies in the belief in the strategy.
Personally, I'm in now, I might take short term gains on the journey, or I might not... it just depends
GLA
He said when his buy order has been filled, and could you ask the bulletin board trolls to make more accounts to help bring the share price down for him.
Take it with a pinch of salt though, the Reply was from his director of sarcasm? Was signed “HH” Think that stood for Harry hill? ;)
One of these days that daily RNS is going to be someone’s else’s buy!
can anyone ask GC of when SP is set to fly?
HeresHopin.. good analogy re bath tub however i think a better one is swimming with a millstone around our necks! We are making headway and have managed to tread water at these levels and i can only imagine how easy swimming will be once we drop the millstone ???? I see a nailed on 100% once the 1% ends ! and probably and realistically a three bag from here without any significant news. bol I still intend to keep my core holding for the return of the divi though ! Iver never had a dividend higher than my purchase price so looking forward to that odd but pleasant scenario :)
I think thats way too negative. We ll know whats happening by mid september or at extreme october when FCA deadline to clear up complaints lands. Its bound to be quiet as this could go either way and will be kept under wraps.
JR can take a year easily, financial results/reward from a new lending model (FCA compliance) 2 years, anyone hoping for a "get rich quick" might be better off buying a cryogenic sleep chamber and set timer for next year at least. Nothing new from investment horizon perspective .. from impatient to patient ..
I think the key thing here is patience.
My average is 14p... I wish I could be trying to decide between taking a position now and worrying about only 5% lol
Actually some damn good points you have with the tipping point etc , I personally think to make big you would have to buy this week , there is only so long they won’t announce some news but then again they could wait until it’s some proper full stop , signed , sealed and delivered news maybe regarding the FCA , who knows ?