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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
|
|
|---|---|---|---|---|
| 8.30 | 17.26% | 56.40 | 16:35:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 47.60 | 47.60 | 56.00 | 56.40 | 48.10 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
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. |
Posted at 06/2/2020 12:42 by thetoonarmy2 You Misunderstand what I'm talking about, it is people who loaned money to FCH for them to lend on, that's the ones who cannot redeem or get new investors to take them over as they were promised they could do when they signed up search google for newspaper articles on that!Of course anyone taking a loan out can pay them off early with the heavy penalties charged anyway still think next target is 60p. Wonder how many loans gone bad have they all been reported :) |
Posted at 15/7/2019 08:47 by arja maybe you got carried away . founders make heaps of money floating it and small punters and investors suffer ! Typical and a disgrace |
Posted at 25/4/2019 21:37 by yieldsearch FT article: expiry of a 180 day lock up period (restricting some IPO investors from selling) has dragged the shares down since the start of April.A field day for shorters |
Posted at 21/12/2018 06:58 by mridyard 28-10-18 news report; "The dismal stock market float of FCH descends into farce as it emerges staff offloaded shares at the earliest opportunity. The peer-to-peer lender, which connects small businesses in need of loans with thousands of investors, suffered one of the worst debuts in the London Stock Exchange's history when it floated earlier this month with a £1.5 billion valuation. The shares dived 23% in their first week amid a torrid time for new listings on the stock market. City sources told The Mail on Sunday that there were a 'flood of orders' to sell Funding Circle's shares on the first day of trading from the company's own staff. While the founders agreed not to sell any more shares after the flotation for at least a year, no such restrictions were imposed on the remaining staff......" |
Posted at 10/10/2018 13:27 by biggest bill Pb01, I was looking at Funding Circle as a potential investor, not a customer. I think Funding Circle will be popular with customers but from an investment point of view, I see the chances of failure here as incredibly high. I would be surprised if Funding Circle exists in its present form in five years time. |
Posted at 05/10/2018 07:38 by mridyard Should be worth a punt at this price. Remember CF charges commission on each loan and their capital is not at risk. The growth in the company shows investors are still making a reasonable profit. Clearly the market believes the share price was too high. |
Posted at 04/10/2018 18:29 by redroobbo Wow, I really dodged a bullet with this one, I actually looked at the IPO documents but then when I thought about it and realised this will be the next Quindell maybe or PPI scandal, in my opinion, all those poor beggars thinking they have money deposited safely invested in high-quality companies?Can't remember any other companies who had a float at the lower end pricing then get scalped another £1 within a day bet the investors are really pleased with this one, I just hope not many ordinary joes got shafted here. Don't think this will be a share of the year somehow especially when they put out the actual losses on bad loans etc as unsecured lending isn't the cleverest investment strategy, does anyone disagree? This is only my opinion. |
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