Member Info for Specialonek

You will likely see some 1million+ buying going through today. This may well be positioning ahead of a potential vote/takeover/strengthening position. If any of the larger LTH start building you know they are protecting against JB returning and are ready to back Glen. AIMHO.

Haas Glen played a blinder? Has he comeback as stated based on no influence from JB? Is there some large buying going to happen from the big players to perhaps support Glen going it alone without interference? Glen may well have played James over these last few months to get exactly what he wants? A more subtle approach with FCA/FOS and perhaps this business will prosper without JB? It is just a thought but it could lead to a power struggle and a share price ready to really fly. Friday could be earth shattering if Glen sets out his own plan and vision. He may even suggest Richmond group stay invested but leave him to it without interference. I still feel this has 50p-£1 written all over it before Christmas.

If this is all games then Glen could do very well. He tops up on the dip to say 10%. JB starts buying up on Friday and Glen resigns and sells his shares to JB for 50p each. Not a bad couple of months work. There are still so many positives despite the news today. We may see a dip but one RNS will see this rocket. "Nayan resigns" for instance.

Likelyhood is Roger Lovering still in charge. By doing the statement Glen is indicating he wants to turn this around using a scalpel and not a chainsaw. The share price may well drop today but it also gives GC or JB opportunity to buy up shares cheaply again. I think Glen is showing his hand that he will not have a puppet master. He is showing his own strength. I am sure he is happy to have JB invested but he wants to run it or turn it around in his own way. GC may well buy up to 10% now. JB still has options.
1.walk away and start again
2.walk away and don't start again
3.go for a vote at 10% and GC walks away
4.go all out to take it over potentially with a partner once his holding is below 10% and take it fully private.
5.make an announcement that he is going to step away for minimum of 6 months to allow GC opportunity to make a difference without interference from himself but stay invested at say 9%.
This still has 50p+ written all over it.
I feel for those who have a high average of say 18p+ but it will come back up if your prepared to wait a little longer..
JB has indicated GC is the right man so perhaps he should leave him to get on with it??
We will have an idea based on JB response no doubt.

The future was decided a long time ago. This h as been primed for global expansion prior to GC stepping away due to illness in Mar 2019. It went Pete tong when the loser Hamish took the helm and got all his pals to start ripping the company apart. He loved the power and JB had no control or influence from then onwards. This will be as I have stared before a multi billion pound company in 2 - 3 years time. As soon as the Profits start rolling in the institutional market will want our shares for pension schemes and isa's etc. If shares total goes upto say 1 billion for financing purposes and this company starts making £300-£500 million profit a year our dividends could well be 20-40p a share and valued at £3-£5 a share. That is possible in quite a short time frame especially without any tying up in knots from FCA/FOS. JB would only need 15-25% of shares to be a billionaire and some again

JB made a huge judgement of error previously hence why presently Richmond group are selling down to zero. He was also caught up in legal governance issues with Hamish. He is not going to be caught out again. Roger is going anyway as soon as his replacement has the necessary approval. He is now putting the pressure on Nayan to go quickly. I think JB knows he has sufficient backing from the new BOD. No doubt a tasty longterm financial incentive will form part of this for the BOD. I doubt we will get a decision on Monday open. No doubt everything will be getting triple checked from a legal stand point. This could get very interesting. If he doesn't get the BOD support I am sure her will have sufficient backing in his back pocket from larger holders such as Mic etc as well as a decent number of PI's. I am sticking with the vision.

I wonder how many millionaires there will be if this shares hits 5p? So who is holding over 20million shares?

I am holding, my reasons are if you want the chance to take the big money you hold. If you can not afford to lose your money then either slice or sell up. ATB with whatever you do. As long as you don't moan about it later.

One director bought 1.63billuon shares earlier in week at 0.64p. Around £11million worth. That is confidance. They both know this is going to fly on news next week.

I am so surprised after the director deal for 200million shares that this has not retested 0.8-0.9p range. This will truly blow again next week. In my view this won't drop below 1p after next week and could even be at 2p in 7days time. News, news, news. I wish I had got in earlier but happy at 0.7p average. GLA

The jigsaw puzzle is nearly complete. Just Nayan left to go after Roger as far as JB is concerned.

Gary Jennison joined the Board as a Non-Executive director on 17 August 2020. He has over 40 years of experience within the financial services sector, of which approximately 20 years have been at CEO or board level. These appointments covered a wide spectrum of the credit industry with positions at The Warranty Group, Secure Trust Bank, Barclays Bank, Lex Vehicle Leasing, GE Capital, Hitachi Credit and Lloyds Bowmaker. Gary last Executive role was as CEO Europe for the Warranty Group until he retired from full-time work in February 2017. Since then, he has been Chairman of Orchard Funding Group, Lantern Debt Recovery Services & the Fry Group. He remains a Non-Executive director of Admiral Financial Services Limited and is Chairman of the advisory board of Positive Momentum Partners. Gary’s experience in the credit industry has equipped him with the necessary skill and knowledge to act as a Non-Executive Director and to take over, as Chair of the Risk Committee, from Roger Lovering, following a suitable handover period and his approval for the role of Chair of the Committee by the FCA.

LTH, long term holder, GLA go d luck all., DYOR, do your own research, ATB, all the best, MM, market maker

There will be a shark frenzy at 430pm. So many panicking to sell and so many panicking to buy. If we see more larger buys 1million plus then this will explode into closing. We could end up anywhere from 15p upto 28p. Its an adrenaline rush through until monday rns. Lol

Any one bailed today that's been LTH?
Beevermo must have his fingers crossed its closer to his break even and would be great to see profit.

Saint tropez, your talking rubbish. JB could have walked a way by selling his approx 220million shares at 21p. Total around £45million. He didn't and has been selling at between 5p-15p to reduce his holding because he wants to have an opportunity to vote or make changes. It is obvious he wants back in and the board has been getting changed to accommodate that. He will put a proposal to the board this evening and they will have the weekend to decide whether to accept or deny his wishes. If they deny it then he will request a vote once he is at 10%. He is hoping PI's like ourselves will back him or he could walk away and sell to zero. I think the board and himself will come to an agreement that both parties are happy with. If this happens this could easily see mid 20s into 30s on Monday or at some point next week. There is easy potential for it to double in price from here. This is the ideal time for smaller investors to take a punt or larger ones to top slice and hold free shares into next week.

This shares could help me retire 3-4 years earlier if it hits 50p+ which I have no doubt it will. I am sure some on here can retire at 50p also if they do choose.

JB says "we" in his tweet. He is likely referencing the board of he is referencing an individual. Secondly he has stated he will explain about his buying and selling position tomorrow after closing. My opinion is as a stated yesterday this will not need to go to a vote. JB has the backing of the board. He will have the agreement torn up that stops him having a say. He will likely have been buying back today and tomorrow. Today's will show after closing tomorrow on an RNS. Thus will hit into 20s tomorrow and likely 40s on Monday when his proposals are out. If he has not been buying he will be taking the bonds and turning them into shares. Either way the dream team are back together. GC and JB love in. Prediction is this could well be a £5billion business in 3 years time if it goes abroad. Poland was mentioned. I think Spain, France and Italy also. If you want to make serious money hold for 3 years. 1 share could well be valued at £5.00 if bonds are changed into shares and we end up with 1billion shares. Potential is mind-boggling in the long term.

Hopefully close above 14p, bought some and sold some today so managed to increase holding for free so not all bad. Hopefully everyone who bough high will keep hold until the genuine rise on news happens. Hopefully not too long. No one is out of pocket unless they panic sold after buying higher. GLAH. This will hit 40p minimum in next 6 weeks. AIMO.

Loads cashing out, I hope this was not another pump and dump. I would be happy to see it hold at 14p or above. Slow and steady rises are more sustainable than this. We need positive news for 20p+.

Looks like it's hits it peak for today, plenty taking profit. I think it will settle at between 15-16p at close AIMO.