Member Info for Barrieprov

Mariog

True but another 1,000,000 buy just gone through at 5.5p do either some switching or accumulating

Let’s keep eye out for RNS as might be SP reaction

Hi Hopeless1

Me too am stuck at 6.338 cost entry so very nearly above water and at this level could average down to nearer 6.00 on larger holding but though less risk of a bust there’s still the FCA to hurdle. That said if that falls away this is a share that two years ago traded at 60p so potential 10 bagger

Hobione

Nice one Well played

I’ve at least nearly wiped out my losses on this share as bought at 6.338 a while back

I missed the run on thinking it might stall after RNS due to the results being 2 months away and outcome of FCA review still unknown

Hi Neversellshell22

Well we’re up 33 at the moment touching the recent resistance so looking good

Hopeless1

It’s gone up a penny while I was on a short phone call - when these minnows fly they really fly

GLA I hope all our patience continues to be amply rewarded at last

Small size but significant buying going on after results has forced me to revise my opinion tgat we won’t see 5p this week and I’m happy to hold wishing I wasn’t so long elsewhere as this is looking exciting now

bumpylane

I see there’s buying now - so much for my theory and....I’ll get my coat

Either way it’s good to see as I’m moving closer to break even if not able to average down GL to us all

Thursday 29 April exactly one month after next dividend payment

Will be interesting to examine debt position, impact of OP recovery and progress on asset disposals and get update on repositioning of business

bumpylane

I agree but as results are two months away and FCA position on GL still unclear I disagree with some on this BB that price will top 5p this week and already see a few PI taking out small gains they made buying at around 3p but it’s good news for the risk on contingent and I’m going to try to add to my holding keeping below a 5p average as agree any raise will probably be at a premium dictated by what the strength of the reopening trade looks like. Remember even with £78m in the bank net debt is north of £250m and there are semi annual debt interest payments to make and liquidity is good at the moment due to run out of loan book.
The big bucks will be earned by the canny corporate finance guys who can balance size of equity raise with pricing of shares to get the issue underwritten and away clean. I’m at least a holder to a weak buyer at these levels but relatively risk averse so others may bet the ranch. That said I liked the positives in the announcement and as always DYOR and GLA

bigsmoke you can’t issue shares at less than 5p because shares can’t be issued at a discount
So I guess the real question is whether shareholders will accept issue at a premium and that’ll depend on the opening up trade potential which looks strong for a bounce in lending

Admittedly for only 1,900 shares but there seems more life in this share of late

Zippy1971 I have her filtered too! Crikey must be a dwindling audience but after the fall yesterday adjusted for x div it’s nice to see a bit of a recovery though it’ll be a long haul to break out of current trading range methinks so I may just keep adding on any slippages GLA

Nice to see NSF heading over 5m shares traded on a rising price noting that some on this BB have bought well outside market size

Very tempted to add but stuffed full of RDSB at the moment which is frustrating as I think this share might be about to pop or could be as someone said just a position going in at 4p level waiting for more news later

Looking out for volume of shares traded not just price moves but it has been a while since bid over 3.5 I think - has to be an announcement by April based on historic diary so it’s moving closer

Ex div sorry bloody spell checker

FIV is what cats get

JAS78
Agree though some was the ex FIV and Brent future went negative during day though felt rise to £14 was premature I didn’t sell and if they go below £13 might top up again to round my holding up to 2,000

To wit
https://www.cityam.com/treasury-fca-failed-to-properly-regulate-london-capital-and-finance/

Fastfood agree and you’d think the FCA would be bending over backwards to stop tens of thousands of vulnerable people falling into the clutches of unregulated money lenders
The same FCA when under the helm of the now Governor of the BOE didn’t protect people from buying dodgy bonds.
Let’s hope sanity prevails. There appeared to be some life in the SP today but obviously in the greater scheme not a lot happening yet and still a lot of unknowns down the road in this COVID saga

Nomad1 I’m betting a few took £14 on this cycle but I’m sitting tight buying on the dips
I don’t expect to get rich by doing that but the yield is ok at my average and it’s hard to find good returns that aren’t speculative albeit the SP recovery will be slow and most likely unspectacular

AllAtSea I had slightly different dividend payment date of 29th March? Not that 10 days matters