1pm Share Discussion Threads

[tomps2] 27/6/2018 07:22

OPM FY trading update 27.6.18
6 mins audio interview with Ian Smith



What’s behind the improved revenue and EPS? – 00:28
The market – 01:27
What does ‘50% of current year revenue being held in unearned income’ mean? – 02:12
Costs? – 03:04
Borrow facilities and cost? – 03:55
Integration of acquisitions – 04:54
Outlook – 05:44

[p1nkfish] 20/6/2018 04:39

They don't all show up on 19th at 45p.

582,400 show at approx 45p.

[p1nkfish] 20/6/2018 04:33

Noticed that. No way to know what his plans are nor how interested some party might be in taking his holdings.

I would hope it's done in a considered/arranged fashion that is not detrimental to other stakeholders and may be over more than one tax year.

[masurenguy] 20/6/2018 00:46

RNS Number: 9124R
1PM PLC
19 June 2018

Mike Nolan, Executive Director, who announced in December 2017 his intention to retire in December this year, sold 1,000,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 45p per share on 19 June 2018. Following this sale, Mr Nolan has a total interest in 4,432,969 Ordinary Shares in the Company, representing approximately 5.1 per cent. of its issued share capital.

Could be a bit of an overhang going forward if he is planning to liquidate his shareholding !

[davidosh] 31/5/2018 15:04

Nice to see the move up today. It is the last day of their financial year today.

[speedsgh] 02/5/2018 13:06

Thanks, Tomps. Excellent presentation and very interesting Q&A session at the end. Patience required here but value will hopefully out in time.

[tomps2] 30/4/2018 13:10

1pm (OPM) presentation at Mello Derby 2018

By Ian Smith, CEO



Group overview – 00:35
Who 1pm are - 02:22
What 1pm provide – 04:17
Three operating divisions – 04:50
What 1pm do – 05:53
1pm’s history - 11:21
Group companies – 11:42
Management structure – 12:03
Major shareholders - 12:52
Competitors - 13:49
Track record 2014 to 2018 H1 - 15:18
Financial highlights - 16:26
Divisions – 17:06
Strategic plan 2014-18 - 19:34
Next phase of strategic growth - 20:53
Summary – 22:10
Q&A - 22:58

[owenski] 27/4/2018 17:11

Cheers GHF, I take it you were there then.

[glasshalfull] 27/4/2018 16:33

owenski - “Yes!”

Such was the demand that the CEO made 2 presentations at Mello.

Kind regards
GHF

[owenski] 27/4/2018 15:01

OPM going down well at Mello????? Should do, the CEO knows his business and is a class act, plus this stock is cheap IMO.

[davidosh] 25/4/2018 00:56

Just a reminder that 1pm plc will be presenting and exhibiting at our huge Mello2018 event in Derby on 27th April and all shareholders and potential investors are welcome to attend

OPM have presented at a Mello event before and we are very pleased to welcome them so this is an ideal opportunity to meet the management and hear about their strategy.

Do come and join us at this quality two day event and there will be 45 other companies to meet plus some fabulous keynote speakers

[owenski] 12/4/2018 21:18

There is a large market for SME loans, OPM started life as a SME loan company to the very small business sector, cash for capital equipment purchases for independent coffee shops, hair salons and the like.

But it's a different company now, lending across a larger range/scale and type of SME business, using the same type of personal risk vetting service, including broking on deals and invoicing facilities.

The recent news plus previous announcements allow them the fuel to grow the business more rapidly via access to cheap funds.

The track record here is good risk management and impressive growth, maybe a bit off the radar at present, it's certainly cheap and forward looking numbers when reported wont be ignored forever. imo.

[p1nkfish] 12/4/2018 17:33

Very recent BoE report via notayesman economics. 1pm helping alleviate the problem.


"The perceived availability of credit to small businesses decreased slightly in 2018 Q1, according to respondents to the Federation of Small Businesses’ (FSB) Voice of Small Business Index."

[999rp] 12/4/2018 12:14

Excellent news

[masurenguy] 12/4/2018 08:35

"This results in the Group having access in aggregate to £49.5m of additional funding in the total of £97m new and renegotiated facilities. At the end of February, the Group also announced access to international retail investor funding to augment its funding mix through the Mintos marketplace. The additional funding will be used exclusively for the purpose of writing new business in the financing of asset and loan lending to UK SMEs."

Good news, both in the context of credibility and an increase in business capacity !

[cheshire man] 12/4/2018 08:07

and upward hopefully :-)

[p1nkfish] 12/4/2018 07:20

Good news on increased facilities. Onward.

[owenski] 27/2/2018 20:59

Sounds like another good move by OPM. Seems to be a well run company and still looking very undervalued.

[p1nkfish] 27/2/2018 07:27

Reads as good news, relatively low risk method to increase capital pool.

[tomps2] 27/2/2018 07:25

Video: OPM secures international peer-to-peer Fintech funding capability



1pm CEO Ian Smith talks about gaining access to the Mintos marketplace, a leading online marketplace for financing business loans via global retail investors and becoming the first UK based loan originator to join Mintos.

Fintech Strategy – 00:05
What does Mintos Offer? – 00:53
Does this give 1pm a competitive edge? – 1:33
When will the funding start? – 2:10
Commercial terms – 2:49
Amount of funding? – 4:01
How will this benefit 1pm’s profits? – 5:03
The next step with Fintech strategy – 5:40

[raikesend] 23/2/2018 18:34

The results show good growth but because businesses have been bought with extra shares the earnings per share are not particularly good.

[theblackster] 15/2/2018 18:18

Hi all, I'm a holder for the kong term, any thoughts on why this is drifting? Weird after all the solid news