Funding Circle Share Discussion Threads

[elliotset] 10/5/2024 12:23

Ok I won't forget

[liam1om] 10/5/2024 11:31

Don't forget buy backs potentially increasing after next Wednesdays AGM where they will vote to increase (hopefully).

[kubera369] 10/5/2024 10:40

Flexipay must be going along strongly since the last update and Deutsche bank £2.50 buy target. Management clearly see this as way undervalued and with US sale pending and shrinking free float about to get even smaller, this should see us well beyond £1 imv

[qs99] 10/5/2024 10:35

Thanks Devonlad, lovely part of the world, useful intel.

I'm fully loaded not sure I should add any more although sorely tempted!

DYOR and good weekends

[devonlad] 10/5/2024 08:27

Stolen from twitter:
On DB forecasts still only on 7.6x 2025 PE and <4x 2026 PE

Still a lot further to go. News of sale of US business likely soon

The share buybacks attract me a lot here because the free float just keeps on getting smaller and they have a lot more money to spend. Also, the massive cash pile, if you pull that out and then look at what the business should make going forward, this is a crazy price.

I have dealt with Funding Circle before and a rep phoned me yesterday to see if I wanted a loan. Their cstomer service is excellent. I turned the tables and we had a long conversation on how FCH are doing. Their new FlexiPay offering is going great guns because you only have to pay the fees when you use it so businesses are finding it really useful. Nai, dyor, wtfdik.

[kubera369] 10/5/2024 07:58

Bought in and am a very happy and proud share holder.Can see this move towards at least £1.50 to £2.00 rather soon due to the share buybacks that are being placed by the company- because they believe the share price is valued too low !Will be buying more next week.

[qs99] 09/5/2024 18:20

It has nearly doubled in a few weeks, bound to be a few sellers, share buybacks will hoover them up, have added more today & will continue to do so under a quid. Maybe more....DYOR and GLA

[kubera369] 09/5/2024 16:51

That's another £250k share buy back !!!I'm in tomorrow No brainer here

[liam1om] 09/5/2024 15:19

Chart wise its a healthy pull back and I've been adding around here at 71. Nothing goes up in a straight line.

[sundance13] 09/5/2024 15:03

This prediction hasn't aged well!

[imjustdandy] 09/5/2024 07:25

85 today is my call

[qs99] 09/5/2024 06:41

Don't see why not.....4 days of trading, lots of buy backs, tightly held, broker target is still multiples from today's price, all to play for IMO!

DYOR

Cheers
QS99

[imjustdandy] 09/5/2024 05:45

Can we break a quid before the trading update on Wednesday. Latest broker note has a 2.60 target

[imjustdandy] 08/5/2024 16:44

Another big buyback at 76p -

[qs99] 08/5/2024 11:29

80p on the Offer, quid soon IMO....long way to go to DB £2.50 initial TP DYOR

[imjustdandy] 08/5/2024 10:52

Need to pay over 80 for size now . One pound in sight pre trading update which is next week

[allstar4eva] 08/5/2024 09:49

It's been corrected now . That's what I thought too. I always thought it was nonsense but it make me wonder if mms really do read these boards. It was like that for ages before my post

[imjustdandy] 08/5/2024 09:44

Trying to gather stock that's why. There's hardly any free stock around . Really short squeeze coming

[allstar4eva] 08/5/2024 09:34

Why is the displayed mid price showing so much lower than the real mid price?

[imjustdandy] 08/5/2024 09:23

Feels like a take-over TBH. They are speaking to US banks about selling their US division. I think the US banks they are speaking to are sizing up the Whole funding circle group . Huge accumulation of stock this past 3 months

[devonlad] 08/5/2024 08:13

Given that the shares ar pretty tightly held and the share buyback program is going to take £25m worth off the table, the free float is only going to get tighter going forward. If they keep pulling around 200k a day off the table when liquidity allows, that DB target is not pie in the sky inmo, nai, dyor.

[imjustdandy] 08/5/2024 07:20

Zilch stock here at 75. Trading update is expected to be brisk when released next Wednesday.

[qs99] 07/5/2024 10:46

that would be v.v. nice, even a say £1.50 double from here and still be £1 short of TP!! DYOR

[devonlad] 07/5/2024 10:23

DEUTSCHE BANK RESEARCH STARTS FUNDING CIRCLE WITH 'BUY' - PRICE TARGET 250 PENCE

That's where this is heading hopefully!