Funding Circle Share Discussion Threads

[its the oxman] 20/4/2022 10:03

Weird spread at times here. Can be a few pennies to almost 10% at times.

[its the oxman] 20/4/2022 08:57

Also bought a few here, it is the digital age after all and I'm just hoping the next update is positive. Can any holders offer a view on the upside here. Hardly buying near the top. Was wondering if they could be taken out given lowly share price but not sure if this is likely or ever been a subject of any market speculation.

[hamhamham1] 13/4/2022 08:41

Just bought in here today.

[albert arthur] 22/3/2022 13:12

https://www.londonstockexchange.com/news-article/FCH/pitney-bowes-and-funding-circle-launch-partnership/15378898

[albert arthur] 22/3/2022 12:04

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

[albert arthur] 21/3/2022 16:21

Look good here, took a position today.

[outlawinvestor] 10/3/2022 13:55

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.

[its the oxman] 13/2/2022 14:57

Anyone see any value here now we are close to 80p?

[h2owater] 26/3/2021 19:46

https://www.p2pfinancenews.co.uk/2021/03/26/funding-circle-us-set-to-benefit-from-ppp-extension/

[sphere25] 26/3/2021 15:10

Thank you Asagi :-)

Commiserations on the short - very hard to short this market. It takes alot to own up to heavy losses too - not nice. We have all been there.

I don't get excited about these high riskers, try to be as open and transparent about the risk as much as possible because they are prone to brutal share price destructive news too. It's just that sort of market where it pays to have a go at these high riskers if you notice some bigger demand coming in or key technical levels under threat.

Commented a few times on trying to short this market - nigh on impossible. Valuations do not matter and we just get clobbered with a train towing a ship that is towing a plane - downhill.

Can't stand in the way of that. You could easily end up being right in the longer run but it is so financially destructive to get in the way of a one track market that it causes capitulation. Better to capitulate early if it doesn't work in my humble opinion.

It is all about the US and those key support levels remaining in tact. The buyers have continued to come in and gobble up any dips, which means the long side remains the heavily strong play. Until they fall down and break, the risk remains to the upside with heavily biased risk-reward on the long trades.

All imo
DYOR

[asagi] 26/3/2021 15:01

and I've just closed for a nasty loss.

Asagi (no position)

[asagi] 26/3/2021 14:59

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)

[sphere25] 26/3/2021 14:47

Whopper of a spike from 164p to 180p and I managed to lob at 176.9p.

That was nice.

Scalp complete.

It went into auction and then popped straight out with a monstorous spike! Will it settle and go higher from here? I don't want to be messing about with these high riskers too much.

All imo
DYOR

[sphere25] 26/3/2021 13:20

Price currently 157p

Entering SpeculaVille once more with a little nibble here in a whopper of a high risker. These companies that take an operating metric and then adjust it belong in highly speculative territory:

AEBITDA? Wots-a-wotsit?


So what the hell are you doing here you lemon soaked dingbat?

A quick trade is a quick trade.

The market appears to have gotten behind the results yesterday and someone is keen today taking the mop out at 154p.

The wider chart is curving up and looking like it wants to do more of a spike so the fly has been lured into the web with that chart in particular as a breakout and momentum type play.

Sticking the stop under the intraday low of 154p.

Usually watch this one from the sidelines if it hits the radar but clearly banged my head somewhere this morning to have a go here.

All imo
DYOR

[babbler] 25/3/2021 07:49

Smashed results.

[babbler] 22/2/2021 13:18

Think jupiter must be gone

[babbler] 24/11/2020 08:52

Guess once jupiter is gone...

[babbler] 24/11/2020 08:40

Market is very strange. Materially ahead and it falls. What the fek did the market expect?

[babbler] 24/11/2020 08:29

Decent update.

[yieldsearch] 10/8/2020 18:36

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.

[emacsapation] 10/7/2020 09:13

Thank you for your input. However I disagree. If they rely on volume, Where is that going to come from? again FCH won't be most companies first choice. Majority of loans will already have been applied for in the first couple of weeks of the program going live, thus most will have received CBILS and BBL through there banks. America is a different story I grant you that, lending is not as centralised. Let's see come results time. I've got a target of 50p on this

[yieldsearch] 10/7/2020 08:32

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.