Member Info for Unknown_Trader

Mariog, agree with you 100% but I’m taking advantage big time, I bought a decent amount at just over 3p, the more research I did has made me buy even more around the 5p mark. within 18 months this will easily be 30p+ IMO.

Like yourself I’m eager for us to get the redress information so I can leave this for say 18-24months, instead of watching it every second like I am at the minute lol.

Exactly, it cost NSF 82.5 million in 2015.

Just to show I’m not plucking this comment out of thin air, for anyone who’s not seen.

https://www.google.co.uk/amp/s/www.telegraph.co.uk/business/2019/11/10/private-equity-firm-alchemy-pushes-break-up-lender-nsf/amp/

https://www.pressreader.com/uk/the-sunday-telegraph-money-business/20191110/281573767512533

Mariog,

What’s your thought on NSF selling off Loans at Homes, I know this is something Alchemy we’re rumoured to be putting to NSF quite a while back, it kind of makes sense with the appointment of Toby Westcott, he’s now been at NSF for 6 months, remember he’s a Partner at Alchemy and he joined Alchemy in 2008 from Hawkpoint Partners where he specialised in mergers and acquisitions.

Alchemy approach is key, could the sale be what we need to strengthen the balance sheet...?

Potentially a large buy in the background ; -)

Some people just panic, always trust your research. I think there is a large buy order in the background. Just a gut feeling..

L2 has looked funny this morning, its looking better now and we're seeing a rise :-)

MM's playing games maybe

Exactly my thinking, so if the review is positive or as expected the share price will rise, of course the opposite if it’s negative news.

What I’m saying is people are saying they are expecting 5p equity issue so they’ll wait, people could miss the boat IMO.

Question is, NSF I was conducting an in-depth review with the FCA, this is to clarify the scope and scale of its concerns and to develop a possible redress methodology.

Pending the outcome of this review, the Group's consideration of a possible equity issue has been put on hold for the time being with Alchemy.

Wouldn’t they have to release the outcome of the review / FCA outcome before any possible equity can be discussed officially?

Totally agree, could be a very interesting Month, we’re officially in the 2nd quarter, communications has pointed to things coming out early 2nd quarter . Everyday Loans have been awarded Non-Mainstream Lender in 2020 & 2021, FCA will know it’s a great company with a great future ahead.

I have a feeling tomorrow is going to be a good day, Amigo have had some great news and some decent buying volume from 16:00 until close....

We’ll let you know at 07:01 :-)

Dacorum, let’s hope so for your sake, otherwise you could be sat on the sidelines watching your potential profit shrinking because you sold well to early ;-)

Not sure how I missed this, just in case anyone else has.

https://bdaily.co.uk/articles/2021/03/09/everyday-loans-appoints-jon-wiggins-as-chief-executive-officer

Jon Wiggins

When I say NYSE, I mean Lloyds LYG :-)

Hopefully will help on Monday ??

Agreed, I’ve hedged my bet to mitigate the risk.

I’m invested heavy in both, expect this month to be interesting, if not this Month next Month fore sure.

Agreed Mariot, I think people think this will drift back down due to such an increase but this started rocketing on the 23rd, buys out weighing sells keeps me happy :-)

The US market are so unpredictable so could easily be wrong.....

Happy either way :-)