Member Info for Teddy100

The downward spiral in the British Economy will ironically be our best friend. The last thing the Government wants or needs is another PPI saga. This has legs, make no mistake.

Volume is negligible, less than 0.2% of shares traded today throwing a 5% down day, but that is how it works folks.

It is a delayed trade, executed today and posted after hours.

Great info Karl, I bumped into a chap at the Butchers, who was buying some lamb Chops and he told me that his mate does a bit of gardening for a head honcho in the City and he reckons it is 50 Billion.

Sort your syntax out you knob, I didn’t understand any of that.

The Mcap is 309M, the P/E is 2.88 and the NAV is 1047p. That is what fear does as the unknown is unknown. It would take more than that to buy them out. More will be known at the end of the month.

Thanks for the heads up Karl, I will sell all

my shares first thing in the morning.

I agree, they operate in a highly regulated market, but it is not illegal for them to prioritise certain orders over others. They can also buy or sell off book to meet their demands which may create false market demands. That said, this activity is substantially different from wash trading which is illegal and participants would be jailed and their employers imposed with massive fines. There is often a fine line between the two, the FCA is a slow moving beast, but when it bites, it bites hard.

Mcap is now less than a 100m, crazy. The shorters are in charge for now.

It is going to 50p.

They will come a knocking again, make no mistake at these prices.

Not possible to buy at the moment!

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@Accountant: You are so right, the important wording in the update.

As previously stated, Vanquis is not subject to the current FCA Motor Commissions Review that has been focused on discretionary commission arrangements, which Vanquis did not participate in.

SG9: Believe me, they don’t.

Interesting O buys, 20@ 20k shares.

500k just rinsed through in the lst 5 minutes.

It is called Democracy my friend.

@DBNO: I don’t think so, there is not enough volume. The confidence in this share was already battered and then the Car Finance fiasco came along and then we have the Q3 update on Thursday. Vanquis is definitely not for the nervous, that said all will be revealed in 32 hours.

Why do the Board have to comment on a falling share price? Less than 0.5% of issued share Capital was traded today and some of those shares would have been rinsed through 2 or 3 times. Let them get on with the running of the business and you continue to pi-ss your pants looking for emotional security. We know why the SP has dropped over 30% in the last few weeks, some investors bale and some lean in, that is investing.

Share in the same situation as CBG (Which I am in) but this is a much safer bet, less exposure but low volumes throwing a ridiculous SP..