Frp Advisory Share Discussion Threads

[battlebus2] 02/1/2013 12:25

Yep lots of smart buying by the insts, the vat windfall and what to do with it is a great situation to be in.

[tiger20] 02/1/2013 11:02

Diverse Investment Trusts buying a lot of Fairpoint shares over last few weeks Gervis Williams stock picker for Divi good record of gains on fledgling companies.

[pj 1] 27/12/2012 22:10

Sorry Boys (and Lasses), just need some space and time to myself in a quiet place...somewhere to relax and contemplate lives pleasures and challenges...then something comes along that is beyond human comprehension, something is happening in this street somewhere near you..............

I mean.......Alex Mcleish....................:-((

[simon42] 27/12/2012 21:05

Just sneaking on up. Isn't there a VAT rebate due end 2012?

[simon42] 19/12/2012 10:46

Are they long or short?

[2breakout] 19/12/2012 09:13

Henderson taken a 3 million CFD position? Why would that be?

[battlebus2] 10/12/2012 19:56

USB adding over 8% now, dated 6th December.

[felix99] 23/11/2012 09:28

FRP won't be doing well with new IVA but they will be making hay out of PPI generally and in particular out of PPI reclaims for clients in an IVA with them. A captive audience at nil marketing cost and any monies received they will generally earn 15 % of it as an increased supervisor fee for windfall receipts into the IVa.

15000 client minimum maybe - I have heard stats like average 2 claims per client = 30k of claims average claim £500 = £15m x 75%( claims co takes 25%) x 15% = £2.25m for doing nothing as all work done by a claims company. If they have structured it properly they should be able to make a turn processing the claims too - which are typically 25% of claim proceeds= £3.75m

Oh and dont forget the VAT money £5-££6m profit from that.

Anyone selling is doing it too early imho.

[pj 1] 21/11/2012 09:24

BB, A major Financial institution which has recently lost its Sparkle (??)has noted that the PPI compensation paid is generally to previous Customers who still have above average overall Debt (including Mortgage)

However, these Compensation payments are not being used to repay said Debt.

Bit of a Sad circle really imo....... :-//

[battlebus2] 21/11/2012 09:18

I agree with you PJ 1 a lot more debt advice will be needed in the coming years.

[pj 1] 21/11/2012 09:16

Appears IVA's, Bankruptcies (personal and Business), Repossessions, Credit Card cancellation and Debt guidance via Citizens Advice are all falling presently

FWIW I am not convinced it has bottomed yet. Too much % take home pay is being spent on self indulgence still, particularly under 30's

[battlebus2] 21/11/2012 08:49

Bit of a tick down as a few sell after ClearDebt results yesterday which weren't that bad imv. IVA's not a growth area anymore it seems but as we rely less and less on them i'm not worried.

[battlebus2] 07/11/2012 09:41

Yes very late in notifying the company. Still glad they are onboard. If they haven't sold out already lol.

[mpearson] 07/11/2012 09:38

On the 20th July !!

[battlebus2] 06/11/2012 16:36

Diverse income have acquired over 1 million shares to now hold 4%.

[battlebus2] 02/11/2012 08:08

PPI claims still rising-

[battlebus2] 31/10/2012 15:50

Great volume again today so could we touch those highs again soon.

[pj 1] 15/10/2012 10:15

Maybe an ethical one, makes money from misery. High charges (fees) for monies that really should go to existing creditors. Does anyone know if FRP vet their customers at all?

Despite all that watching very closely for possible re-entry :-//

[doobster78] 15/10/2012 10:10

Should be. Not many shares in free float , great trading update recently and coming up to the stronger period. Poss more aquisitions in pipeline and dividend increasing ... no probs with cash and a low PE. Big insitution in and in large .... consumer debts spiralling over xmas .... wot is there not too like about this one. ?

[battlebus2] 15/10/2012 08:30

Yes miked500,no doubt in my mind these are heading well over the £1 mark.

[miked500] 15/10/2012 08:22

Marked up pre market, dont think this got a mention at the weekend? Hopefully the dip wont last long and the 90p resistance can go.

[battlebus2] 13/10/2012 14:00

lol first time i've heard debt described as loverly.

[doobster78] 13/10/2012 11:18

Didnt breal 90p on that try but now seems to be recovering after a nice bitof consolidation. Maybe another attempt at 90p next week then onwards and upwards. All those debts mounting up over xmas ... lovely !!!!! Buy now before the rush ... and they pay a divi .... bootiful

[doobster78] 09/10/2012 10:50

Bit of long term chart resistance @ 90p area. A nice bit of consolidation and move up would be lovely. Just loevely.

[battlebus2] 08/10/2012 17:38

A great performance again today :))