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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Funding Circle Holdings Plc | FCH | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 4.60 | 7.62% | 65.00 | 16:29:20 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 62.80 | 61.80 | 67.00 | 65.00 | 60.40 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 24/8/2022 09:28 by sphere25 No problem Linton5.This move back in FCH is just another example of how the dynamic is out there and how well and truly the bears are in control. Clearly (imo) FCH is of far greater risk, but it is happening almost everywhere. As traders, we have to be so quick to book any profits if having a go for a trade and cutting the losers quick. These pops higher simply don't last long. Even when you have heavy buying (e.g. FCH, PIN, MTEC) or big director buying (e.g. OTB), you can get a pop higher and the bears still come flying back with the macro trumping all. Even if a company is performing ahead of expectations, the macro can still trump all. If you're in line with expectations, not alot happens and then another leg down for some. If you're behind, it's clobbering time. If you have buyers in size try to come in and clear sellers at key resistance levels (e.g. TYMN just under 260p, STAF at 46p and SRC at 60p), the market sees the higher volume, notes that there are too many sellers in size at those key marks and pings back off the breakout level to lurch back lower. Currently watching 110 shares for any interesting activity (hard slog finding it right now) and there are eight, just eight of the regular ones that are sat in some form of respectable position: CTO, CNIC, MER, WIN, LOOK, SOM, ADF and CAPD. Companies like CNIC have to keep beating forecasts just to hang on to gains because the sellers always come back in to try and knock it back down. There are clearly still opportunities out there for quick bounces and it is more favourable than earlier in the year, but it's still a treacherous market. Earlier in the year it was worse. When the indices charts roll over, establish firm downtrends, volatility picks up and you don't know how the US is going to close after the UK close, it becomes very hard to trade. You can wake up with a big gap down and take a barrage of 5-10% losses. It's a confidence arena this. Too many of those and it takes alot of resilience to march back. The risk reward was massively against us at that point. I took time out and went on holiday. It was very difficult. I don't see the point in trying to fight something so bearish like that. You may as well just go to a building site, stand in front of a wrecking ball and start shouting "COME ON IF YOU THINK YOU'RE HARD ENOUGH!" Clearly better times will come, the trends will change and buy and hold will reap the rewards but I don't see any bullish times in the near term. It would be surprising if it is this year, possibly some point next year (at best?) when the market looks forward 9 months through the issues but it's too difficult to call. Back to looking for any interesting activity. All imo DYOR |
Posted at 12/8/2022 14:27 by linton5 Fch on its way out or it’s the bargain o the century, very quiet from company since results |
Posted at 31/5/2022 21:29 by typo56 Recent volatility and volume probably has something to do with FCH leaving the MSCI Global Small Cap index at close today. |
Posted at 16/5/2022 09:56 by its the oxman Plenty of bad news in current price. FCH may yet come good one day. |
Posted at 22/3/2022 13:12 by albert arthur https://www.londonst |
Posted at 22/3/2022 12:04 by albert arthur Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has partnered with Funding Circle (LSE: FCH), a leading online small business lending platform, to provide loans to their small business customers |
Posted at 10/3/2022 13:55 by outlawinvestor Good final results IMO. Great margins. Good improvement in NAV and solid cash position. They've done well out of UK & US govt COVID loan schemes.Muted response thus far perhaps because FY22 PBT is likely to be materially lower? If I understand it correctly FY22 will run just above break-even but remain on a solid footing and rising trend for following years. |
Posted at 26/3/2021 14:59 by asagi big congrats on your scalp Sphere25 and I agree with your reading of it exactly.Being short this one has been very unpleasant. It's not only the loss that hurts, it's the injustice ;-) Asagi (short FCH) |
Posted at 10/8/2020 19:36 by yieldsearch RateSetter has been sold to Metro Bank (UK) for £2.5m upfront with a further £9.5m deffered purchase price payable based on performance in the next year.Has originated £4bn+ of lending, no profit. FCH was listed in Sept 18 for an valuation of £1.5Bn. FCH has lent 8.7Bn globally. |
Posted at 10/7/2020 09:32 by yieldsearch doesnt make much sense to short, now, given that they are provider of these governement guarantee loans.FCH business model is relying on volume: they keep the introduction fee and the fee related to management of the loans. the credit exposure is too a large extent sold/transferred to hedge funds or investors. With the cbils guarantee, those hedge funds are probably *begging* FCH to get exposure (getting say 6% on a 80% government guaranteed loan is a no brainer..) The platform is scalable, much more than the large retail banks. hence why when they announced that they were accredited, the share price doubled. And yes a market cap of £270m to pay for lending infrastructure should be interesting to a few. |
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