Debts.Co.Uk Share Discussion Threads

[twentyoneeleven] 23/8/2006 11:09

Interesting how the ticks down today (shown on the graph above) have purely been due to reductions in the 'Bid' (Sell) price, and nothing to do with the 'Offer' (Buy) price, which has only gone up and remains still at 202p! A shake to get a bit more stock?

[twentyoneeleven] 23/8/2006 08:49

Starting to wake up now prior to results ... albeit not for a good few weeks yet at least! Media reports of increasing numbers of IVAs/Bankruptcies are providing postive sentiment for all tickers in this sector. There were rumours of an aquisition (or three) not so long ago, so perhaps more on that to come in the meantime? Honestly can't see these staying at this £2ish level for too much longer! Not ramping ... IMHO DYOR!!!

[twentyoneeleven] 22/8/2006 08:11

A nice big tick up to start the day! Somebody mentioned yesterday that they thought the MMs had very little stock and I think they might be right? I remember seeing somewhere when this one floated that they were three times oversubscribed!!! With results in October looking very promising and very few sellers around, it's going to be an interesting few weeks with this one I think!

[currypasty] 22/8/2006 08:04

Seymour pierce market maker was on the ASK all day yesterday, controlling the price, closing with them on ask 194.... today they have opened up at 200.

[bocont79] 21/8/2006 22:37

read these links:

[twentyoneeleven] 21/8/2006 21:44

Nobel ... I Emailed the company themselves (via several different addresses I found on their websites) before the official RNS came out a while ago, as well as Seymour Pierce (their broker), and I must admit that this is the first real response I've got from anybody ... albeit not a long one and weeks after I wrote to them! I do agree with you about the lack of freely available information around at the moment, but I've been following this sector in general for a long time (also DEBT, DFD, etc) and I think the potential here is huge! I guess it's a waiting game until official results come out in October, but what little information has been forthcoming has been quite positive and I think the market they are in is going to get much bigger before it gets smaller!

[nobel2005] 21/8/2006 20:48

Thanks, this is useful,but I do find myself asking the question what kind of organisation is it that you have to email someone to get what would be generally regarded as easily publicly available information for most other companies. I know I seem a downer on this one,but I got really annoyed trying to get any information at all about them. I hope you guys do well with it, I am certainly sitting this one out.

[twentyoneeleven] 21/8/2006 17:03

Number of bankrupt women soars as lifestyles outstrip pay

AN increasing number of women are becoming bank-rupt as a result of credit card debts and soaring household bills. Experts said women's living costs and financial independence had outstripped their rise in salaries...

[jc9121] 21/8/2006 13:55

I wonder what the MMs have in mind for this one...

[currypasty] 21/8/2006 11:07

146k buys, 10k sells

[nobel2005] 21/8/2006 09:41

Still have no faith in this one

[currypasty] 21/8/2006 08:47

looks like mm's got no stock.. reduced bid, on no sells, and passing 10k blocks amongst themselves

[mr homer j simpson] 21/8/2006 08:06

Yes, got up a few mins ago ;-)

[currypasty] 21/8/2006 08:03

up this morning !

[nobel2005] 20/8/2006 14:50

FYI .. They have been tipped in the telegraph money section today, but the reasons for buying are just a re-hash of old RNS releases etc

[diogenesj] 19/8/2006 21:51

Yes, I agree, although I have bought a (very) few as a punt. Companies that start off treating shareholders with contempt often end up cheating them. ACG and DEBT look at least as good value and are much more open.

[nobel2005] 19/8/2006 20:43

thank you so much.l'm very reluctant to invest in a company without any info. Also,unlike the others their web site is rubbish,very amateur. l think l'll put it on my watch list.thanks again, very helpful

[twentyoneeleven] 17/8/2006 10:27

Their broker is Seymour Pierce ... you might be able to get something from them? Results are due in October, so guess more information will be forthcoming then?

[nobel2005] 17/8/2006 10:22

Does anyone have a copy of research notes/analyst research for this company. I rang them to get some corporate information, they were not helpful, no corporate information. Bit weird. Thanks

[twentyoneeleven] 05/8/2006 09:28

Britons are mortgaged to the hilt
By BECKY BARROW, Daily Mail
21:41pm 4th August 2006

Britons are mortgaged to the hilt

Spiralling levels of debt threaten to ruin tens of thousands of families, shocking figures have revealed.

Repossessions, mortgage arrears and bankruptcies have all rocketed over the last year.

The number who risk losing their home has returned to levels not seen since the dark days of the early 1990s.

And experts predict that a record 100,000 people, possibly even more, could be made insolvent this year. In the first six months, one person was made insolvent every minute by the courts in England and Wales...

Headlines/stories like these are fast becoming a daily feature now in newspapers and online! With this week's interest rate hike and the realisation that the taps of 'cheap credit' are quickly being turned off, the situation is only going to get a lot, lot worse! :-(

[twentyoneeleven] 04/8/2006 19:05

Makes good reading IMHO! With that big sell out of the way earlier today I think this one should steadily rise before financials in October ... although a whoosh would certainly be appreciated!