Funding Circle Share Discussion Threads

[jqb1] 15/4/2024 17:57

Reasonable volume

[liam1om] 15/4/2024 12:53

Chart still looking good, just need some more buying pressure.

[imjustdandy] 08/4/2024 05:57

Breakout coming here. Very little free stock around and what is around gets swallowed in the daily buy back. US disposal news also due anytime.

[imjustdandy] 03/4/2024 09:13

Looking v good

[imjustdandy] 02/4/2024 15:39

Is that the seller out? Boom

[imjustdandy] 24/3/2024 06:05

Funding CircleFull year numbers from Funding Circle impressed the market this morning too. Management note that despite losses growing last year, as from FY24 H2 the UK business will be profitable and that the prospect of selling its US arm remains very much on the table. The note added that the board considered the share price as undervalued so would initiate a share buyback of up to £25m.

[imjustdandy] 23/3/2024 12:25

Hoping to hear about the US disposal which addresses the last and final non core issue. 25m buyback now underway and UK business is booming.

[imjustdandy] 22/3/2024 08:17

Ready for lift off

[imjustdandy] 22/3/2024 04:39

Buyback run rate 2.5m pounds per month. US disposal news is imminent. So under the radar

[imjustdandy] 21/3/2024 06:24

Expect this to move much higher today. 25m buyback now in force.

[imjustdandy] 20/3/2024 23:48

Buyback price getting higher each day.

[imjustdandy] 19/3/2024 08:00

More buy backs and Director buying again yesterday.

[imjustdandy] 17/3/2024 19:04

Woosh week coming up.

[imjustdandy] 16/3/2024 04:01

Over 700,000 shares purchased in yesterdays closing auction.

[imjustdandy] 14/3/2024 09:23

As well as the £25m buy back which is now in place, there is a Danish institutional holder building a stake too. Now over 13% and rising !!

[imjustdandy] 13/3/2024 19:46

Funding Circle has commenced a 25m buyback. The company has 164m of cash on the Balance sheet Vs a current Market Cap of 158m. US loss making Business in the process of being sold. UK loan book is profitable. Flex pay grew 500% last year. With 164n of cash on the BS the current share price at 49p offers an entry to a growing business for zero!!!

[imjustdandy] 13/3/2024 19:34

Funding Circle has commenced a £25m buyback. The company has £164m of cash on the Balance sheet Vs a current Market Cap of £158m. US loss making Business in the process of being sold. UK loan book is profitable. Flex pay grew 500% last year. Based on cash on the BS the current share price at 49p gives you a growing business for zero

[imjustdandy] 13/3/2024 15:20

Heading for quid in double quick time. The buyback medicine is working and its working fast

[imjustdandy] 11/3/2024 22:26

Another blue day and the share buyback hasn't even kicked in yet.

[imjustdandy] 09/3/2024 06:01

Trading at cash at bank in hand. Ridiculously low price. Fair value closer to £1.30

[imjustdandy] 08/3/2024 15:08

Flex pay product comes with a personal guarantee from the borrower . No risk / high margin product and growing like hell

[imjustdandy] 08/3/2024 13:44

Buy backs will take this over a quid. The flex pay growth is absolutely incredible - low risk short term exposure product. Stunning

[imjustdandy] 08/3/2024 08:44

Big uptrend coming here. Under radar

[74tom] 07/3/2024 15:34

For announcing a £25m buyback and having the temerity to trade at a market cap equal to cash?!

[glavey] 07/3/2024 14:33

They deserve a speeding ticket...