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Indeed, that is why I am asking... if the one which took place in Jan / Feb in the last years is to be expected this year as well, or the earliest update from the management is to be expected in May first...?

Seems sell off in 2nd half of December was linked to tax loss selling. From 2.1., SP is climbing slowly back to 50...

Btw. - I can´t see any trading update event scheduled for Jan / Feb 2025 -> will the next upcoming event be the full year results reported on 13.5.2025?

Dear all,

let me wish you Happy New Year 2025!

From the investment point of view, let´s hope that this will be recovery year for Vanquis and there will be less pain than in the last 6-7 years...

Let´s hope we will not hold our bag forever and that patience will pay off..

Regards

Petr

Agree, hxulcolrdoh, from my point of view, this shall be the part of the point 2/ requlatory environment... ?

The only two things, what really matters now related to the future SP development, are

1/ new updates related to the regulatory environment

2/ the reached results of the company, the ability to reach the turn around -> growth

Until then, it is just "trading in the trading range" and "speculation", which is least relevant for the long term holder.

GLTA!

P.

What / when might be the next catalyst here?

Any catalyst expected prior to the next trading update?

In such a case the SP would more likely be close to 1.6 pound...

Thank you, much clearer now,

would you please advice the mechanism, how MMs push the price down concretely?

E.g. if the bid price is higher than the ask price, how MMs can achieve that it goes down?

Thank you for your answer, unfortunately still not clear to me.

1/ who are MMs concretely?

2/ how exactly MMs drop the price so that nervous people can sell them?

Can you please describe that process more in depth?

I ofter hear about the SP manipulation, but no one explained to me how exactly it works and how can I figure out, if share price is being manipulated or not....?

Can you explain, why the price drops, if someone wants to buy 3% of float? Shall the price not rise in such a case for such a big volume?

It´s gambling, but I bought some more today on 38.6p, holding almost 60k shares for now...

Let´s see, GLTA

Yes, better, indeed :-)

Do not know if technical analysis works here and for how long, but on today´s chart it looks as we are in up trend

I did not sleep well last night, but after reading the update, I am saying to me that it could have been much worse.

There are positives as well as negatives to be found in the update, I like the way of communication, more transparent and factual.

Gives me feeling that management is structured and consistent and this is the prerequisite for the turn around mid term.

The biggest risk is (not in the hands of the management) of course the regulations, they can only mitigate the potential effect afterwards.

Important is that they complain with all regulation at minimum from now on to avoid the future cases...

GLTA, hope we see 1st green day today (even small gain) after all those red candles...

Am I blind, or why do I not see the trading update on company website?

Very similar story as in my case... always believed "this must be the bottom" .

Never thought SP will reach the level 40p and I will be concerned that it becomes worthless.

GTLA for tomorrow...

Thanks for your explanation, Pooks, I am not from UK, so I don´t read it frequently...

What could be the estimated impact of the court decision on Vanquis short vs. long term?

Yes, sorry, typo, for sure .... £1.10

Congrats to your low average!

Broke my rules and bought the dip to average down to 1.1p

Hope I will not regret

Drop from 60p down to 44p in couple of days... I did not notice any significant news justifying the drop of 25%?

Is it a fear only?

No warning prior to trading update came, so I would expect upcoming trading update content shall be at least not any disaster...