Member Info for DavidHos

Although some of their questions show they weren't listening to the first part of the presentation... (looks to ceiling emoji)

Buys outnumbering sells 2:1 so far...

# Trades 553
Vol. Sold 5,876,361
Sold Value £578.82k
Vol. Bought 10,455,113
Bought Value £1m

10p coming vey soon....

July is made up!

GJ stated Q1

Paulantony

Where do you get that from?

CEO clearly stated Q1...!

"of the complaints provision the majority relates to potential future complaints..."

???

Very positive outlook for the future with new products and takes the 'one trick pony' analogy away.

Director buys
Credit facility confirmation in writing
Resumption of lending in Q1 RNS

Will take the SP at least double what it is and probably treble in short order

26-Nov-20 09:22:46 9.091 500,000 Buy* 45.46k O

Good news:

An extension to the waiver period on the Group's securitisation facility has been agreed in principle. We expect to announce confirmation of this shortly.

I think ‘a scheme of arrangement’ will allow them to ring-fence the complaints and start lending again.

Now we need to see some director buys… Come on boys and girls, put your own money where ours is!

go up and it might go down tomorrow morning but I think the news will be generally positive. If it does dive tomorrow morning it’s a massive buying opportunity as this share is going to climb and climb over the coming weeks! I’ve done my research and placed my bets. If I’m wrong then I’m not as clever as I think I am but I’m pretty confident that this is going to make a great investment!!

Looking forward to the news tomorrow morning and the inevitable climb over the following weeks!

Agreed - negatives already priced in.

Sell today and buy back higher tomorrow!

Agree Proveto... I just wish people would stop writing negative stuff like ‘I’m worried about negative news tomorrow...”

We all know it’s a gamble but imo a calculated gamble with very good odds.

You need to be in it to win it!

Just topped up with an extra 191583 shares.

I cant get over the amount of negative posters on this board... I know this is a gamble but why would GJ and his new CFO allow their first set of results to be negative? GJ has been in the business, albeit as a NED at first, for a while so he must know the extent of the issues. I think he was allowed to get the bad news (increase in provision to £150m+) out of the way before his first results announcement. Why would they announce bad news (the increase in provision), then good news (new board appointmemts) only to then follow it up with bad news again with results? If they do that then I for one will become concerned that they aren’t fit to run the business!

I think we’ll get some positve news tomorrow followed up quite quickly over the next week to 10 days with more positive news.

I have taken the gamble and invested. At worst, I lose my money (thats the risk we all take when we buy any share) and at best I make 3 times my investment in short shift and 10+ times my investment if I’m a little more patient.

DYOR but please stop worrying. If you are worried that this team aren’t up to the job you should sell your shares now and go and buy some shares in Barclays or Tesco...

Whatever or whoever it is it’s positive! They’re buying a big lump and not selling!

If those numbers are correct the buyer paid 9.9p a share or do I need a new calculator?

To buy 2.6m shares 36hrs before half year results is one heck of a gamble!! Someone must be confident!

I suspect there is someone buying in the background which could actually be a good sign...!

Sorry but why would it go back down to 6p...?
It was 6p a short while back when they’d just increased the provision to £150m+ and they’d announced that they were going to be without a CFO at end of November...

Since then we’ve had announcements of a really good new CFO plus several other really good appointments both operationally and non exec so I really can’t see why it would go back down to 6p..?

This hiccup is just nervous PIs and day traders who bought in at the bottom taking their profit...

People need to be a little more patient and give them at least a couple of months to address the issues so we can make some serious money...

Why do people revert to name calling on here? No need for it; people are just trying to make valid points,,,

Bumblebee

Let’s assume for a second that GJ isn’t that smart and when increasing the provision to £150m for claims, under called it by £50m... If anything I think he would have thrown the kitchen sink at the provision number rather than having to admit he’d under called it just a few weeks after taking charge but if he didn’t then although another £50m would be bad for the SP, I think the resumption of lending is worth much more than that... I guess we will just have to sit and wait as the only person who knows for sure at this point isn’t allowed to say anything... I just choose to believe that he’s not that dumb...