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Still no further forward on Guarantor Loan redress either. Not looking great. GL
Price reacted about 10 - 15 mins after RNS was released at 2pm....Agree that RNS does not read very well...GL All OF
significant dilution imv and put home loans business into administration as harm suffered - not good
Not what I wanted or expected. Only on a position a 3rd of what I was holding previously (thank God) and in L2 its dropped straight into a panic auction so cant sell. I was in at 1.6 avg 2nd time round so not sure what to do. Would like thoughts. On 1st read I see this as a 60-40 against surviving?
Yes some shake. But rising now. News coming.
We've crashed into auction after some horrible L2 action. Not sure whats going on I suppose after yesterdays massive rise we'd expect some profit taking. offers as low as 2.40 and sell at market during auction. As I write its come out of auction, L2 in a bit better shape. Lowest offer 147118@ 2.795 now and best bid 50000@2.475. Might have been a none MM with DMA up to something. Best MM proper bid CANA @2.35 and offer CNKS @ 2.80..whoa wait a minute into auction again! Somethings afoot, lets hope its good. GLA
Today. Dyor
Agree with you. About the job advertisements - I wonder if they are stale. Are they actually hiring and advertising on 3rd party websites?
There will obviously be a pull from Amigo's positive discussions with the FCA.
The FCA are not blind to the fact that high risk customers need access to credit so NSF certainly have products in demand, they do need a better method to lower interest rates for regularly paid loans.
Amigo balance sheet was crippled by the level of expected redress, so shareholders will be taking a massive hair cut even if they do get to relend.
One point which is encouraging for NSF is the number of redress cases that the Financial Ombudsman is siding with Everyday Loans, which should limit their exposure going forward.
A large number of jobs are being advertised on the EveryDay Loans website, so clearly they are experiencing growth while other lenders are entering administration.
Looking forward to positive update about FCA discussions, they are clearly creating guidelines that Amigo must follow, so expect the same for NSF.
About time. Move on to 5p in coming sessions. Had bit of profit @3p into Angs.
Legin see previous posts purporting to be from NSF investor relations results expected "in the next 6 weeks or so".
Shake over . Onwards. Strong finish
all....Will hopefully join in when news is out...GL OF
Trading update must be coming out, or other news.
Or simply just going back to fair value.
Will be good to see 5p either by close or open tomorrow.
Sticky finger moving towards 5p
Boooooooooooooooooooooooooooommmmmmmmmmmmmmmm
Gla
Yes, 5p close imvho. Lets see
Can we hit 4p today.?
Very difficult to get a quote
Hopefully push in to the 3’s today and 5p by eow
Auction after auction.
wheres the GAP on the chart up at?
Hold folks. This is where big jumps up in sp... Gla
I called 200% day, let's see, its flying
Would prefer to keep this to daily 50% rises lol