George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
£2 incoming for this cash cow in a buoyant market sector.
Is it available to replay? Was there any talk about the bid talks last year?
Seems if there is any recovery sub 40p is an add on - as any positivity here the price spikes. Continuing to add and average down as the bottom will disappear quicker than DJT at the open yesterday.
Always good to see an NI man at the helm.
Former CEO of Bank of Ireland UK - and by all accounts the guy to sort it all out.
https://www.business-live.co.uk/professional-services/banking-finance/bank-irelands-uk-chief-executive-26081720
FT from March
https://archive.ph/DvuKE
At some point, the financial regulator will need to decide whether it wants the UK’s subprime consumer credit segment to survive the onslaught of professional claims companies — and if not, who should lend to the lower-income people that mainstream banks won’t touch.
Ian's the man to do it
@ Compound
I was wondering if there were more questions from other members here. Well done. Certainly liked the answer from Ian, a share buy back? There is value !
Thinking up a few respectful questions for later.
May ask about if there have been opportunistic approaches from other institutions. You never know.
Anything anyone wants asked? Please add here.
Let's hammer home the gaps in the answers later.
Very impressive so far, but the rogue claimant company costing £700 plus per spurious claim needs taken to task. The FCA should find a fix as this seems unlimited.
Have a great day. Up in the 60s by close hopefully.
Bigging up the webinar this afternoon for material significant improvements now the pricing policy changes.
Hands up for the 1st half mispricing. Pockets booked below acceptable hurdles !
2nd half this is fixed, all rosy from now on, Repricing is now a core competency - (shocking that it was not always)
Repricing, has a 30 days notice, operational inefficiencies being sorted. Prices rises will take into account some customers who would struggle with rises.
Expanding savings products - sounds good.
Making the right noices.
NI guy chatting - like his demeanour.
Sounding like the reset is already well underway.
All stabilised now.
Took longer to get right but now happening.
Repricing sorted, live tomorrow
Claims were spurious.
Too many false dawns, turnaround for 10 years as LTHs know.
All tickety boo now !