Debt Free Direct Share Discussion Threads

[ozzmosiz] 04/5/2007 10:21

Insolvencies are up on qtr (just) but up big time on on year.




Add to that the BoE are widely expect to raise the base rate by .25% and possibly .5% next week because of high inflation and factory gate prices.

[sat69] 04/5/2007 08:51

That explains todays falls, but there is a two way tussle going on, and it wouldn't surprise me if we closed the day blue.

[jonc] 04/5/2007 08:24

FWIW the Daily Telegraph advised holders to sell this morning.

[sat69] 04/5/2007 08:23

This is falling just as fast at it was rising. Completely unexpected, but I guess after a strong rise in recent weeks there had to be some profit taking.

[sat69] 03/5/2007 19:08

Came well off the highs, but still closed up 3%. We should get some good write ups tomorrow, and possibly a broker upgrade to help the share price back up. My £4 target getting ever nearer.

[sat69] 03/5/2007 10:53

...and as I write - up 8% - 375p bid!

[sat69] 03/5/2007 10:51

That's more like it - 370p bid now - Still a bit more fuel in the engine though...

[maiseymouse] 03/5/2007 10:12

have some faith

[sat69] 03/5/2007 08:13

A mooted initial response, but I guess the shares have been rising strongly over the past few weeks. Maybe it's a bit early in the day and the buyers will slowly come out, but I was expecting a 10% rise today on the back of the strong TU

[sat69] 03/5/2007 07:14

This is the bit I like in the Trading Update summary...

Debt Free Direct has made significant progress in FY07. Market expectations for the financial year were originally at #8 million and, whilst expectations have fluctuated significantly throughout the year, the final outcome will exceed initial market expectations.

That line alone guarantees another surge today

[aspex] 03/5/2007 07:08

Excellent update.
Quietly confident as always

[aspex] 03/5/2007 07:06

Very confident update

[aspex] 03/5/2007 07:06

Very confident update

[sat69] 02/5/2007 19:16

Closed at 350p - a new 3 month high and closing in on my short-term £4 target. Once again the sector has rallied today. There really must be something happening in the background we are not yet aware of, which leads me to believe there will be a big jump on the release of some news in the coming days. Watch this space.

[g1ll1s] 02/5/2007 17:46

sp increasing six days in a row now, looking much better :)

[paul10269] 02/5/2007 15:32

I suspect this is more likely to be "insider" buying ahead of results - there are restrictions on the Directors etc but that does not stop the staff - if they are busy and know sales are good they will be buying.

The only thing that will stop these companies is change in legislation or a "punch up" with the Banks - I noticed that DFD recently advertised that they were linked in a joint venture with a big Bank in the Debt Advice charity set up by the Directors so I guess they are cute enough to know where their bread is buttered.

All that will happen in the end is the Debt Companies will reach a behind the scenes deal with the Banks as to what their min requiremnets are then the people in debt will get shafted - the Banks will maximise their returns from the bad debts and the Debt companies will earn good profits - The people in debt will eventually be mislead and screwed by both the banks and the debt companies - because they are by definition of their circumstances people who are easily misled and taken advantage of - I think DFD will go higher - maybe not as quick as before though.

[g1ll1s] 02/5/2007 13:43

Well I have since heard interest rates to reach 6% or more for 2008. Housing negative equity in USA & Spain, some areas of UK vulnerable. Inflation also up.
Price index up 3%, money supply up 12%. The cpi minus mortgages up 3.1% which is over BOE mandate. The rpi is 4.8% and 5% is considered bad......on the whole not looking good. Also seen you on the pxc BB. Have held for a while, hopefully shall see some reward shortly, can't believe some of the negative articles published in the MOS over the last four weeks...would suggest CW wants to buy at knock down price. their top man also happens to be on the board at MOS hmmmmm.

[sat69] 30/4/2007 16:45

G1,

I didn't see anything either. I still believe we will get an m+a announcement very soon, probably in May. I expect the uptrend to continue over the coming weeks, as clearly the sector has come back into favour. If we can close above 340p this week, I expect to see the rise continue to £4 by the end of May.

sat

[g1ll1s] 30/4/2007 16:32

sat, well I didn't spot anything....did you, share price still increasing four days in a row.......nice!

[sat69] 27/4/2007 17:21

Thx - you too

[g1ll1s] 27/4/2007 16:52

.......will check out the press this weekend, have a good one!

[sat69] 27/4/2007 12:28

g1

I Still can't work out the reason for the rises in the sector. The imminent ir rises is a possible explanation, but I would not expect there to be a sudden sector surge purely on the back of that.

My guess is more the possibility that someone knows that of some m+a activity about to take place in the sector. That being the case, I would expect the story to break in this weekends press, and a bigger surge on Monday. Fingers crossed!

Alternatively, insiders might be aware of a pick up in business, and this has leaked out.

sat

[g1ll1s] 27/4/2007 11:29

...did you find anything?

[sat69] 26/4/2007 15:36

I guess we'll have to wait till tomorrows papers to know the reason behind the rise.