Member Info for ChrisInvests

Bought at 48p sept 18, doing well! +205% or so... think it'll keep marching on tomorrow.

Unsure when to exit this one as it's doing well. I bought in at 45p so it's flown. Took initial investment out at 100 and it's gone up 40% since then...!

Very good for H1, especially when H2 is historically the better half of the year.

Share price will probably fall in light of these good results ??

I'd be looking to hoover this up as a buyer at this price. Crazy drops. For little logical reason.

I am absolutely flummoxed too!

If they came out and said poor performance/behind expectations etc. I would understand.

But their operating profit is returning to the levels it was at when it was massively misstated and the share price was c. 240... granted there are a few things which suggest it shouldn't be at that ratio anymore (less of a boom growth company, few worries), but even a highly pessimistic view would knock that 240 down to 150ish...

So to fall 15% from 115 did confuse me.

Someone obviously thinks differently to me!

And rightly so... Nothing about that HY announcement screamed "20% drop", it's very odd.

I wonder if a large investor was leaving the party for pastures new and just sold steadily causing the price to dive.

Should recover. Can't see why it wouldn't, logically.

I think their last financial results for 31 December 2018 were followed by a c. 100% rise in the share price (comments such as "Ahead of market expectations" etc.), so the following announcement (bearing in mind it is only 2 months or so down the line since it was reported) was likely to be subdued in regards to comments surrounding "Market expectations"

Their year-end forecast operating profit is broadly in line with the (what turned out to be misstated, I think) 2016 financial results, where the share price was far higher.

Early trading looks like it's on a dip and dive though! See where it ends up.

Should have a little rise today. Nothing spectacular though.

Put a small amount in here - it's my sort of business:

- Accounting misdemeanor
- Massive share price fall

Now just wait for it to blow over, some changes to the board, an incentive plan... and in a couple years it'll be higher than what it is now - which is a success.

Some big sells at EOD mind! Lets see where it goes.

Ignore me... Had an email to say that it was half year. Dopey me didn't realise they were simply telling me a date haha

Fingers crossed its a solid set of financials.

Yep - it's a terrible business.

I am selling all my holdings and moving into Stocks and Shares.

The market is clearly illiquid and lacking new investors.

If I were an investor I would tally up their future expected growth in customers vs what appears to actually be happening.

Demo numbers, but percentages correct.

I set 4k to sell
50 days later... 2.5k has sold.
Because 1.5k worth went into "processing" "bad debt" or "late" during the 50 days... they are no longer able to be sold until that sale is completed.

I think to empty my account it will take 1 year. At least.

Ok, I can bemoan it a little - price is up to 120.00 already. A lot of buys going in... The train rolls on.

I expect this to be back over 200 by March/April next year, so long there are no disasters.

If anyone bemoans making a 100% gain on a stock in 7 months... They're delusional, so definitely can't be unhappy.

Ha, I'm not. I set a sell price and once it reaches that I sell regardless. Fortunately I also set another sell criteria for this one so only sold half.

I'm happy being in this one for "free" now. Though that's a gamblers fallacy ??

The last seller yday will be regretting their decision. Suspect that'll cost them 8.5 to 17k by end of today

That RNS is music to my ears. I've learned from past mistakes to take profits, I've had 600% rises unrealised turn into 40% losses.

They still believe they'll be materially ahead of expectations which is wonderful news.

Expecting a very good day.

As it had doubled in value since I bought it.

Holding the rest for another couple years. Lets keep going on a good ride!

I am a customer rather than an investor,

My money has been sat in "withdraw" for c. 20 days now and not been matched to anything. When I started the withdrawal process it was estimated 11 days to clear, now it's more like 40.

Why worry as an investor?

The loans I am selling get matched with new money coming in - currently, therefore, there must be a huge amount leaving, and a lot less coming in.

I see a lot of really poor investing being talked about on here. Please all read Tim Hale Smarter Investing. It'll change how you view this type of investing. Sorry to see the losses.