The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
is that good or bad for us, seeing as NSF is up 5% as I type?
yep! and Amigo and NSF are up. We struggle to retain any modest rise and drop back way behind the others when we do.
lets hope Barrieprov doesnt curse it again :) Only joking mate
good post romaron!
yes your probably right theborn, cheers. How are your nerves these days? :)
is there another ex dividend date for this year? thought is was March next year? I did day a couple of weeks ago, that my contact in PFG suggested other copnaies would come under the spotlight of the FCA perhaps NSF next?
right boys. Flip a coin. where is this going today... I suspect downwards again. Im going to write to the BOD soon if this continues..
im so pi44ed off with this. I just dont get this share!!!! I WANT TO SCREAM! I would like the directors to come out and make a statement about the volitity
nice post romaron. Nice to see it rise today. Hope it holds.
I share your frustrations. I jut want to know why, surely there is a reason?
well I am hoping its sooner to say that the FSCA have finished their investigation regarding moneybarn
Aug 20 (Reuters) – Lender Non-Standard Finance posted a massive first-half loss on Tuesday, partly due to costs related to its failed takeover attempt of larger rival Provident Financial , while a strong market demand led to a jump in adjusted earnings.
After months of back and forth between the sub-prime lenders, NSF dropped its unsolicited 1.3 billion pound bid to for Provident in June.
It took a charge of 12.7 million pounds related to the failed deal, leading to a much bigger loss of 22.8 million pounds ($27.62 million) for the six months ended June 30 compared with 2.6 million pounds a year earlier.
However, customer additions and a strong loan book helped its normalised earnings climb 12% to 6.3 million pounds.
Total loan book expanded 26% to 335.6 million pounds, thanks to strong demand for guarantor loans, which jumped 53% in the period. A guarantor loan is a type of unsecured loan which needs a guarantor to co-sign the credit agreement.
NSF declared an interim dividend of 0.7 pence per share, which was 17% higher than a year earlier but below the 20% rise it announced in mid-2018.
The lender, which provides credit to people who do not meet the lending criteria of mainstream banks, said it was well-placed to meet full-year targets despite macroeconomic uncertainties.
"We are continuing to see a strong level of demand in both branch-based lending and guarantor loans while in the more mature home credit market, demand remains steady," NSF Chief Executive Officer John van Kuffeler said.
($1 = 0.8254 pounds)
(Reporting by Muvija M in Bengaluru; Editing by Arun Koyyur) ((muvija.m@tr.com; within UK +44 20 7542 1810, outside UK +91
80 6749 3638;)
© Thomson Reuters Limited. Click for restrictions
Not bad day for the SP. Have I cursed it now?? :) do we all hold our breath? be good to have news about the FCA and money barn
overlay todays graph against the FTSE and very close comparrsion. Low volume for a while. thats what the issue here is. Global downward trend
. Theborn and others. Guys, as with most shares the day after dividends, share price normally drops. Is this expected here also - just curious as have a feeling it will do the opposite
wish we knew why, when the buys outweigh the sells??
yep same here 'theborn. im ''all in'' do you have level 2?
Well this is nice. One day of a small rise follwed by 10 down. Lovely. No news to support this, no data to bak it up. Just want to know why
Hi romaron
could you explain that a little further please.
any one see the latest RNS?