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In my opinion and I’ve been here a long time there is nothing stopping this share price going up.
We have the vote next Tuesday either way is good
Jb sold his 1% daily
FCA pretty much sorted
Enough funds to clear any claims left
Lending to restart when there ready
Business is good overall and much better than any others out there
So why she being held back ermmm because of uncertainty on Tuesday. I can’t see that as certainty either way will be restored
Cheap as chips, take advantage of todays price and any further dips. GL
I think it’s one of the best value stocks on the market .
Crazy this is dropping, oh well jb will be happy come next Tuesday.
Be nice to get a RNS from the BOD they must be seeing this drop daily But not attending to it for some weird reason it’s like saying please vote for JB
Look what happened the last time they put one out.
Yea how could anyone not vote JB the BOD don’t give a toss, JB would come up with something they don’t , they don’t try to keep the shareholders happy .
I think todays drop is more down to a general awful day for vast majority of stocks. Payment holidays are coming to an end with fears that large numbers of people wont be able to pays credit cards/ Loans /rent. scandal in banking might be having an effect across all financial institutions? Hopefully tomorrow we will start to slowly climb higher
@caravanboy that’s true not just the last one either to be fare
Which begs the question - why isn't it (hasn't it) been going up?
You trot out such big statements as if they're nothing.
FCA pretty much sorted? Really?! And where did you get such privileged information?
Enough funds to clear complaints? How do you know that when we're all guessing about what the complaint volumes look like (I've posted my estimates under a separate thread today)
This is lazy, baseless ramping which flies in the face of reality.
It finished stronger than I expected, it so painful watching thousand come off you profit, but I’m holding strong.
Who’s ever sold something and its rocked, I know I have lol.
I’d rather be here than there.
Keep the faith the markets bad all over, covid 2 is scaring people off.
Good luck in the morning peps.
@jimmy56
Why do you think it hasn't gone up? You are invested aren't you? Surely you want it to rise?
Not all shares suffered, syme had a very good day, I think they are the upcoming thing, in my opinion a very good buy.
Syme released information today which i believe should have doubled their share price. The fact the rise was not higher was directly because the market was dire. There were not too many other stocks flying today
I am invested FB and of course I want it to rise. I also think it will, but it's not a share for anyone wanting a quick, guaranteed or substantial rise.
I think it collapsed because of longstanding flaws in the business model exacerbated by JB's social media antics. I always said I didn't think the end of JB's sell off was guaranteed to prompt a rise. I think JB's irrevocable buy order has massive hoops to jump through before it starts. And I don't think it's particularly generous to buy at market rate with a cap of 20p.
In my view, the fundamentals are there for a steady rise, but this isn't a billion pound business. Possibly not even a £500m business. We need new news to prompt a rise, such as lending restarting under safer lending criteria, which means it'll be smaller - perhaps it'll serve 100,000 customers a year instead of over 200,000. SP should improve again when the FCA investigation is complete and when complaints are dealt with - but I think those are 12-24 months away. Significant bumps and barriers along the way.
If JB wins, which would seem to mean the emphasis would shift to unregulated lending, I'll be selling up.
Syme is only a quick in and out trade imo. Far too many shares in issue, vela looks better in that low price/mcap arena and today’s drop was due to the warrants hitting the market. But too be honest it’s been pretty brutal out there today and I don’t foresee much better this week! This may be a good time to start buying some blue chips with a long term view .....
today feels like march when Akman made a killing shorting the market.
most of my entire watch list containing most sectors down 7-9% today
It’s been a nasty day pretty much all round only a few shares escaped itsagame!
Sunsetsupper me ole mucker !!! Where you been hiding!
@sunsetter brainless bless your cotton socks my friend
Today whilst not that nice, wasn't so brutal. Amigo fell in line with average of the FTSE100 and did slightly better than the FTSE 250 average.
Obviously the last 5 days in aggregate don't make for beautiful reading but chin up folks.
I understand @Jimmy
It is hard seeing red right now. I am going further into red!
This does push me to vote JB but to be honest his Tweets worry me!
You have more than me right now then!
From FT article.
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https://www.ft.com/content/1adc2f5a-f9d8-4253-9f61-6e33d669546e
Despite the mortgage and loan repayment “holidays” that the FCA has overseen, he noted that lower-income households still needed to borrow.
“We can see a real difference in terms of impact on the haves and have-nots in this crisis?.?.?. But for the poorest and most vulnerable in society, there is still a demand for credit,” Mr Woolard pointed out.
WOW - You all need to read this article - Woolard wants lending to low income households to be readliy avaiable as it is NEEDED - AMIGO ALL OVER!!!!!!