Finablr Share Discussion Threads

[harry3021] 05/3/2020 09:44

the market is making sure Shetty doesn't try to offload any shares - his only exit is to sell one of his other businesses.

[theprovosts] 05/3/2020 09:33

This news was released on 24th of January in an RNS. The share price dropped 40% to 95p. Not priced in? The market doing what its best at, of lowering this to the absolute minimum to pick the shares up on the cheap. Balance sheet looks fine to me.

[dennislevine] 05/3/2020 09:33

Travelex bonds doing a cliff dive

hxxps://www.ariva.de/XS1577963306/chart?boerse_id=1&t=month

[bc4] 05/3/2020 08:56

Glad I sold and took a small hit the market looks like it has got this spot on

[dudishes] 05/3/2020 01:33

Combining a so called cyber attack with Covid-19. Do me a favour! Go find the missing £25 million I say.

Not bothered to short, already done NMC to death.

No interest in small fry.I guess a con is a con, regardless of level in the mkt.

As with NMC, you have been warned.

[burnsey79] 04/3/2020 20:46

Looks like FIN will be gone from the ftse250 in a few weeks then....LONDON (Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 23, after completing its quarterly review.-------FTSE 100 Adds:Intermediate Capital GroupPennon GroupFresnillo-------FTSE 100 Deletes:KingfisherTUINMC Health-------FTSE 250 Adds:Gamesys GroupBiffaChemringPetropavlovskImpax Environmental MarketsForterraHipgnosis Songs FundsXP Power-------FTSE 250 Deletes:HuntingNewRiver REITRestaurant GroupTullow Oil888 HoldingsSIGFinablrGalliford Try

[dennislevine] 04/3/2020 09:33

Anyone looked at the covenants on the Travelex debt?

Always seemed a weakish credit profile at the best of times

Bonds trading at c.25-30% discount

hxxps://www.ariva.de/XS1577963306/chart?boerse_id=1&t=3years

[harry3021] 04/3/2020 07:15

NMC Health founder said to mull sale of Abu Dhabi pharma firm

[bc4] 03/3/2020 21:27

Yes it is not easy at the moment, cash is king or a quick punt no more

[prettygreen] 03/3/2020 19:34

Thanks - fortunately not too big a loss. I'm mostly cashed up and waiting for opportunities when the dust settles

[the runt] 03/3/2020 19:26

@prettygreen

You'll feel a sense of liberation, not having to constantly worry about this share. We all make mistakes, but most important is to cut losses quickly, so that they are adequately covered by our wins. Once this current stock-market bloodbath is over - and it's likely to continue for a few months - there will be some great opportunities to make up for the FIN loss, in relatively short order.

[prettygreen] 03/3/2020 19:12

Finally thrown the towel in .... note to self - never invest in anything that is connected to the Shettys.

[kemche] 03/3/2020 17:31

Averaging up is a mug's game. I am with Smithy!

[blackfinance] 03/3/2020 15:53

"This can never do an Eddie stobart"......any company can do an eddie Stobart, you are delusional if you think otherwise. Read the runts post....wait at least for some clarity, else you are gambling not investing!

[blackfinance] 03/3/2020 15:50

averageing down is insane. You avearge up !!!

[the runt] 03/3/2020 14:16

There was a lot of mockery on this board when people 'panicked' and sold out at 90p following the PDMR on 26th Jan - I lost a few thousand on that. But it's interesting that those who knew better, and bought on the 'dip' didn't actually know what they were talking about.

The continuing saga of investors averaging down on this stock, and rationalising why the share price should be higher - and that it's a fantastic opportunity - is a great lesson in the foibles of human psychology and, in hindsight, is worth the loss of the thousands I lost on this share price

If FIN recovers to 120p or so, I might go back in, assuming we have full clarity of company ownership. Right now it's a precarious gamble, not an investment. I wouldn't be at all surprised if it does an Eddie Stobart at some point.

[kemche] 03/3/2020 13:31

How many chances to average down will this company give?

[pre] 03/3/2020 13:19

looks like wealth moving to another buyer...someone mopping up...

[rhatton] 03/3/2020 13:18

Or suspension if foul play By the directors like nmc is suspected

[pre] 03/3/2020 13:15

at this rate this company will be subject to a bid imv!!