At their March update Vanquis said motor finance claims would substantially impact their profitability. Lloyds, Close bros and Barclays are also affected and Santander have delayed their results due tomorrow.
I put my toe in the water at 95p. I daren't buy any more as I know I would jinx the share price as I did with Darktrace. Bought them at the top and they have just been taken over losing me about 40% π’
Trouble is Sunbelt 's head quarters are in South Carolina, the heart of hurricane Helene 's devastation so much of their equipment may have been wrecked