Member Info for petrencf

Morses Club will announce its results for the 52-week period ending 26 February 2022 during May 2022. An update on the expected date of results will be provided in due course.

That is true, the number of claims provided by the company refers to H1(marc-aug), but I think approx 2500 cases were investigated by the ombudsman. We have the number of cases from the ombudsman for H2 (july-dec, 914) so probabily the number of complaint's recieved by Morses were lower in H2 than in H1. What we dont know is what happened in Ferbuary. Hopefully just a sharp rise in claims and it has already normalised. The new rules for cmc's and the reading from the RNS of NSF should give us some hope. GL

My understanding is that ombudsman fee is 750. How many cases were sent to the ombudsman of of 10200? 2000?

https://www.fca.org.uk/data/firm-level-complaints-data-sortable-table

Mu17, you need to search for Morses under the consumer credit tables. I think you can find this info on the company's website too. Probabily complaint's number (sept-febr) will be even lower for the second half of the year considering the number of the ombudsman 's cases.

If this year forecast is spot on with a possible 2p dividend I would say fair value is between 40-50p. That is still sligthly lower than the pre-pandemic SP. GL

One negative RNS and and the ex-CEO reckless sell-out priced in the company for administration. The marketcap is less then Amigo's where massive dilution can be expected and it has not been trading for a while now. It is possible but I think the fear moves the market as usual lately. Besides I dont think the CMC-s best interest to ruin every player on the market. We shall see soon.

I have seen the update earlier but now i cant find any data regarding h2 of 2021. could you share the link, please?

Last year performance broadly in line with expectations, margins and looks good, record clients number, Netherlands delivered 50-50, Australia starts this year. All good, hopefully rerates in the coming weeks, months. GL

Businesswire says loss and total comprehensive income for the full year 2021 was $32.1 million, but today RNS says loss is £54.7 million. How is it possible?

Re-submission was imminent!

What exactly?

Good to hear some wise words during times like this. Fundamentals are strong, but unfortunately SP is sliding down on low volumes. We shall rise soon! GL

Amigo's mcap is 5m less than Morses's mcap right now. And they are at the brink of collapse while MCL is still profitable. Short-term issues imo, but CMC's activities should be regulated harder too.

Biotech is beaten today, hell of a drop here too. Fundamentals have not changed tough. Come on FDA!

You will get 60p if FDA would reject our application. But I am not sure that would be a perfect timing to get on board. Otherwise out of question.

I think the news submissions wont be considered as De Novo and they should be approved sooner. At least this was my understanding so far.

What is the EPS forecast for this year and for next year?

It is looking better today.

Why do you spread nonsense like this? You came up with the same bs 3 weeks ago. If you dont buy today, there is no guarantee you will see this price again. All depend on the FDA's decision. Anytime hopefully.

why is this fall?