Member Info for Thunder2040

Wondered when you would come sniffing GPeck..agree though, this should be closer to £1 imo. GL

Expecting this will get slapped back down any time soon.

The run off or wind down value has to be higher than current price, RBC had words to that effect earlier in the year. Nice divi as well whilst waiting for a re rate.

The net loanbook figure after writeoffs is obviously lower that that. Biggest thing that came through yesterday was the transition from repeat lending to same customer towards new loans, it might stall growth for a year, but after that it should continue to grow.

I don't think you grasp the point! They would buy it now @ spot rate, which is favourable considering Sterling is under pressure vs all major currencies. I can't make it any simpler than that so apologies.

zccax77 - not relevant, the point is current sterling weakness if making any GBP businesses very attractive to foreign buyers - this just looks like an absolute bargain now, its chucking off cash - just being bashed today on heavy selling - but when the dust settles this is a bouncer for me all day. DYOR

Exchange rate is not immaterial if I am USD buying a GBP company!

13% yield? Also, American private equity love these loan books - with current exchange rate this is now a target - not expecting this to stay down at these levels long.

Response from Steve Flavell:

'Many thanks for your note.

Our Interims announcement will be on Sep 17.

The recent share price weakness no doubt stems from the profit warning announced in the July 3 trading update: https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LOOP/14134216.html'

So based on that response, it does not appear there is anything new causing this drift downwards. Lets hope for some good results on the 17th Sept. Onwards and upwards.

6th Sept 2017 and 26th Sept 2018 were the previous dates for the interim results RNS . Video role out was scheduled for Q3, so there will be an update on that in the interim release I expect.

I have sent an email asking when the next update is expected. There is a chance that SFM are still selling I suppose, but I checked and they did infact only buy in July, so its strange they are selling down at a loss now.

I am expecting 6 month interim results for 30 June 2019 or a trading update in September.

SP down at 90p now, starting to wonder what is going on here.

Getting savaged at the moment

I added today at below £1. Considering all the diretor buys at £1.50-£1.60 I feel like this price now represents a good entry.

Interested to see the last RNS reducing SFM stake, as they only recently bought the position I thought.

Hopefully there are some new contract wins to announce soon.

This old Napo thing they keep flogging, seems like pocket change, its old and questionable merit to claim anyway - it defies belief that people still sell at open on this type of drivel.

Certain fables ring true here, how many more times are they going to shout wolf?

Not repeating it as that is just what whoever wrote it wants. This whole thing looks like an anatuer hatchet job.

We've has dossiers, cia agents, sex tapes...anyone else think this is now bordering on ridiculous.

Low beta - limited macro exposure, ARG being exception there.

I'd prefer for this not to go parabolic but I sense a move coming