Member Info for stew200

What would happen to existing shareholders if this went private how much would the stock be worth ?

Pecky neither of which are finished yet. My average here is pretty good aswell so aiming to make big profits here. Quite a lot of stocks have been decimated over the last 12 months other than energy aswell

No more liabilities is good and they have more cash than MKP so any deal announced in the next few months will send this into orbit

I don’t think they have got many shares left. Looks extremely strong at the moment the seller might be out now which will hopefully mean a nice recovery back to 15 to 20 p level

Sorry to hear that Manu and good luck with future investments

Is this an utter shambles of a company? Product is pretty good including the website the ex CEO admittedly is bad regarding the sale of his shares and the profit warning. Other than that this is the best lender out there

There are not many shares that could do such large recoveries as this that’s for sure. If we get over this hurdle, which we don’t know what the hurdle even is this will be back to 80p in no time

Edit meant to say 0.6m inclaims

What are you talking about ? It’s only a mere £7.5m in complains from the march update and they say this :

On 21 February 2022, the Group announced that it expected adjusted profit before tax for FY22 to be between 20% and 30% below the prevailing analyst consensus of GBP7.5m due to the impact of the recent increase in claims, subject to year-end audit review. Complaints continue at the same levels as we reported, and our guidance remains unchanged.

Pic it’s never too late to install investor confidence. As long as it’s trading and things turn around then invest in confidence will return. However I can’t even see much bad news out there as complaints aren’t too bad and the last trading statement was good!!

Most, if not all of the bad news is priced in anyway so this is the worst possible update they could give the market. As uncertainty is bad. Even if they’ve just come out with a huge amount of claims as we know there must be something up due to the massive decline in share price from 20 P to 9p

Yep and there might not even be one ? Red reading the last statement it all looks good just don’t understand what could go wrong in a few months

Surely if it was bad they would have to tell the market anyway ? Could it not just be a standard delay ?

Not at all most of the points you raise are incorrect.

There will always be a specific requirement for short term loans
The companies offering these loans have diminished
Morses offer a more specific loan offering and will potentially take a bigger chunks of the market as others go bust
The first spike will short term sellers go then if we get profitable for the online offering then the price will carry on going up

On this run !!!! 20 million non dilutive package

Can see this going bollistic today with a 20m non dilutive funding package

Will be annoyed this is going to fly uncertainly Completely out the way and 20 million funding package

20m non dilutive funding aswell !!!

This should do very well now !! 2p today

This will more likely spike to 2p today read second end and also read the terms of the first rns! Atlas are done with now which great news. Both will be classed as positive news