Member Info for Unknown_Trader

Fewer customers defaulting, good news for all.

https://www.bbc.com/news/business-56925959

Good to see the depth on the ask @ 14 while it 22 on the Bid.

It’s about time it woke up..

Buys showing as Sells again, its out good old 10,000 A coming back lol

I’d expect the FCA News to come first, so should give us a lift as long as it’s positive, I’m hoping fundraising won’t be required, I’m still feeling there are some other cards in play ;-)

Wishful thinking

Castle2012, they’ve been doing it allot recently, so just before close the BID drops, and then it goes to auction for a handful number of shares.

Games being played big time...

A load of buys showing as sells I’ve noticed recently.

Over 50% of 27 trades under £10 lol, looks like everyone is a believer like me and holding tight...

If the size was larger I’d be thinking it’s a dark pool, wishful thinking ;-)

Whoever it is they’ve controlling the bid/ask, I just find
It strange. As they have been changing the bid/ask simultaneously.

We’ll never know :-(

Agreed, it’s infesting on L2, we have the same MM on the BID/ASK 10,000, been like that most days, Not sure why they want to buy 10,000 for 2%, or are they playing games to load up or sell off. God knows.

I've noticed for the last couple of Months there have been a stupid amount of 10,000 Buys, 90+% of the 10,000 Auto's showing are buys even though some show as sells..

Its a small volume, but seeing quite a few of them today coming it. Just interesting , someone loading up maybe

That’s correct, it would be good to get an idea for the next steps as you say. Would be even better if we could agree a way forward with the FCA, remove that dark cloud over the industry.

Not sure if it’s just me but you can't really compare NSF & AMIGO

if my memory serves me right AMIGO have approx 700,000 past customers, 300,000 present customers that are able to claim?

We’re no way near that are we? I ask because I’ve not been able to find a definitive number. We also haven’t been doing guarantor loans for as long as amigo.

Feel free to correct me anyone, just based on my opinion so could be wrong....

Not sure how you workout in June the max 12 month share price will be 6p, Amigo’s redress is 15-35 million and they have far more guarantor customers then we have so fingers crossed..

I’m sure there will be a few around, it’s the institutions that are at a massive loss currently, if a takeover offer was presented to shareholders from Alchemy the same could happen as their takeover attempt of Countywide, as you’ll know Connells came along with a bigger offer and Alchemy was kicked to the side.

I think a takeover is possible but I’m not so sure, I think selling part of the business would be a better approach as we’ve said Loans at home is the most likely target. Exciting times ahead in IMO

;-) like I said, nothing to worry about Mariog..

For a takeover offer a bidder must make a cash offer, or provide a cash alternative, at not less than the highest price paid by the bidder, or any of its concert parties, during the 12 months before the announcement of the offer

(Rule 9.5(a), Code) and is also required to increase its offer to not less than the highest price paid for an interest in shares acquired after the announcement of a mandatory offer and before the offer closes for acceptances (Rule 9.5(b), Code).

I’m sure matey...

Wouldn’t be overly concerned with that, they’d still need to pay the highest price paid in the last 12 months so you’d be looking at 15p minimum, also when FCA responds to the redress issue I’d expect the confidence to be restored, if it’s positive of course.

Mariog,

Thanks for the update, remember we’ll receive an update from the FCA before the rights issue update, so if the FCA news is positive then rights issue should meet the approximate share price at that time so could be exciting :-)

Wouldn’t say that when the spread is nearly 5%

NSF will sell off Loans at home or there will be a takeover, no dilution IMO.

NSF Previously offered to ditch Loans at home division previously to get the thumbs up to the regulator for the PFG takeover but as we know that fell on its arse.

If any of the above happens this would be a huge
Re-rate.

Remember this isn’t a AIM share, like WSG who don’t give a monkeys about shareholders and dilute the crap out of a company.

Didn’t they cancel 5 million shares a couple years ago? To take from 317,000,000 to 312,000,000?

I’m happy to hold...