Member Info for hazrat

I think they have been over prudent on the external factors that will hinder performance over the next year. A deal on Brexit will cause a bounce in confidence and this share will respond accordingly. Dividend policy still in place as well.

I have thought this share undervalued for years as well but the market continually disagrees with me. Armageddon is priced in, but then it was at 45p as well.

What do you mean by positive cash flow a year early. Hope you mean Positive Cash flow achieved earn out a year early. If you meant Opm achieved positive cash flow a year early that would be really stupid.

Well someone has a positive view and has been buying. Makes me wonder if the big trades reported as sells were actually this lot buying more.

They would have said if FRS driven. They said prudent increase.

Provision increased from 1.5 to 1.9%

Also, we have already had a profit warning!

Market is pricing catastrophic levels of bad debt at the moment which I don't see materialising. Provision has been ticking up, probably further to go as well. As I say, devil will be in the detail on 24th September. Hopefully there will be some positives to come out of it following a light on detail and negative trading update.

Great belief in the company, you make me laugh.

Results are due 24th Sept. Read the last RNS

3.95% to 4.49%

Also, pretty sure WT lamb did take part. See RNS on 19th Nov.

I agree that management have been shockingly inept but am banking on the product. Placebo effect is risk for any trial, I also can't deny that it is a bit of a punt on phase 3 being a success.

There are so many "fintech" SME lenders coming to market which makes for a very competitive landscape. I reckon the lack of growth this year is driven by that competition. However, unlike nearly all, if not all, these fintechs, Opm does make a very healthy margin.

All Opm has to do is relable itself as a Fintech company and it will assume a stupid valuation, much like Funding Circle, and we will all be rich. So come on management, new name, some chat about market disrupting tech platform (just have a decent website should be enough) and off we go.

Imagine they took part in the placing to stop the company going under and losing their original investment. Risky but paid off.

Hawk so do you think the phase 3 trial will fail or do you think that if it is successful the company will fail because of lack of interest in the product?

Just trying to understand the reason behind your position.

Personally I am concerned by Lombard selling out but as I believe that the trial will be successful and there will be a market, I remain invested.

Management need to buy in here to show faith in the plan.

Don't see that happening but hope it does so I can buy more

Sp increased on positive news. Today it dipped on no news. Some pressure had to be released after such a great run, just the natural flow and doesn't indicate anything at all

Probably our old friends Lombard taking the opportunity to sell some more. Don't think there is much to worry about.