Funding Circle Share Discussion Threads

[wapper] 10/7/2020 04:51

FCH business levels will have increased exponentially via these 3 schemes and without exposure to bad debt as all underwritten by UK and US Govts I believe. Just my take on it. I'm no expert but the RNS read well to me.The other thing I like about them is that they are building a strong brand presence via marketing which may become attractive to a predator in time.

[emacsapation] 09/7/2020 18:33

In what way do you feel it was decent? They won't make as much profit on the CBILs compared to standard terms, I also don't consider FCH to be business's first choice provider of these. They will also have had a large number of borrowers apply for the BBL through their banks and pay off existing FCH loans. Good and bad however they won't be a repeating customer. This company services SME's that struggle to obtain loans through high street banks. That's changed. This business model doesn't appear to have merit. SELL

[wapper] 08/7/2020 07:29

Decent update today

[imjustdandy] 30/3/2020 05:10

Be lucky to survive.

[savagedstock] 12/3/2020 16:17

looks like they will need to raise cash in the next 6 months - from whom? what price? what dilution? think this business model is over (and should never have been allowed by the grubby regulators)

[thetoonarmy2] 06/2/2020 12:42

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 :)

[yieldsearch] 04/2/2020 19:58

"people cannot redeem loans they were told they would be able to do this" :

if they have the cash, they cannot repay their loan? really???

[acquisitor] 21/10/2019 13:22

Dead cats do bounce! I think this is because the market was expecting worse news than this.

[thetoonarmy2] 20/10/2019 11:46

Actually after today's report in the mail on Sunday I want to revise my prediction on price for FC I reckon 60p now considering it's reporting how people are battling to get money back, also article under main one shows how you can get money back by letting your loan run out over 4 years or you can hope FC can arrange the sale of your loan at a ridiculous discount. FCA are going to crack down heavily on peer to peer lenders I predictived whe they first came on market that this was the next PPI scandal.

[csully12] 01/10/2019 07:34

Toonarmy2 - you've called it right each time. How low can this go, 70s?

[thetoonarmy2] 17/9/2019 15:18

Getting closer to the 90p target I had.

[acquisitor] 12/8/2019 15:26

They can burn through £270m very quickly. They don't have a back book to generate margin. They have also no experience of a market downturn.

[robizm] 12/8/2019 14:15

These were asy over priced at ipod but unlike some of the other dogs they did raise plenty of cash. They had £270 million at the moment against a £426 market cap.

[acquisitor] 07/8/2019 12:38

Read my post about this share. Fair value is 80p or less.

[robizm] 07/8/2019 12:17

They must have a fair bit of cash left.

[thetoonarmy2] 23/7/2019 17:46

Aladin, You said on the 5th july back to 180p in 2 weeks ? Well how did that go?? my prediction still stands at 90p next stop.

Aladin think you need to give that lamp of yours an extra rubbing mate. :)

[arja] 15/7/2019 07:47

maybe you got carried away . founders make heaps of money floating it and small punters and investors suffer ! Typical and a disgrace

[aladin1033] 08/7/2019 07:21

Wow what did i say these are now heading back to 180 this week