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IHUK Impact Holdings

45.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Impact Holdings LSE:IHUK London Ordinary Share GB00B3DFYL18 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 45.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 45.00 GBX

Impact Holdings (IHUK) Latest News

Real-Time news about Impact Holdings (London Stock Exchange): 0 recent articles

Impact Holdings (IHUK) Discussions and Chat

Impact Holdings Forums and Chat

Date Time Title Posts
21/12/201512:02Impact Holdings, what's going on here then?793
02/7/201011:33Cash down the drain16
13/12/200707:24IHUK - Impact Holdings11

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Impact Holdings (IHUK) Most Recent Trades

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Impact Holdings (IHUK) Top Chat Posts

Top Posts
Posted at 21/12/2015 12:02 by grlz
Dire doesn't cover it.

With no business to speak of ongoing expenses are burning thru any cash received from legal recoveries.

Legal recoveries aside, IHUK's primary asset is an enormous Head Office building that IHUK appears to have little idea what to do with now business has been suspended!

Must be costing a small fortune to keep insured, heated and secure. Is the plan to keep this building empty?

The decision to enter legal funding opposed to expanding the property focused bridge loan book has been a complete disaster. Money loaned to fund legal costs was never repaid and none of these loans where backed by any meaningful security.

Thru 2011-2014 IHUK was turning away business from housebuilders looking for development funding despite a chronic housing shortage and government basically subsidising the sector with Help to Buy.

IHUK could have been charging 1.5 - 2.5% per month on money advanced backed by First Charge security.

Other small property lenders are currently making a forture. IHUK are making losses.

The board of directors have no idea!
Posted at 18/12/2015 08:58 by pugugly
Resuls not very nice - Could this be going the same way, or worse than,Judicia ?

The only thing certain is that the legal profession on ALL side will have their lb of flesh. So what (if anything) will be left for the shareholders ?

Could be a gamble sometime BUT (imo) at a very much lower price.
Posted at 17/12/2015 18:11 by drmaccers
Calm down everyone, stop posting so much about IHUK lol
Posted at 06/2/2015 16:31 by grlz
IHUK still a basket case. The strategy of lending money to ambulance chasers completely failed, rescued by the court hanging the debt on to the solicitors PI provider. Call me old fashioned, but better investing in a lender whose borrowers have the ability to servicee their own loans and provide security.

At least today's price spike allows LTs a decent exit.

I'm out. GL to those getting in.
Posted at 06/2/2015 15:19 by bckttsim
Mega news here £1.2 million coming ,Only small £2.4 million market cap.Should see £2.00 a share soon.
Posted at 30/9/2014 13:31 by grlz
Completely rudderless. Management have run IHUK upon the rocks and obliterated shareholder value.

The BOD seem preoccupied micro-managing items of little or no consequence losing all sight of the bigger picture and what is required to drive IHUK forward. Appears the CEO has no idea or clue what investment strategy to pursue.

Management can't even state the regulatory framework correctly:

Impact is regulated by the Office of Fair Trading through which it is licensed to lend under the Consumer Credit Act 1974.

Incorrect, The Financial Conduct Authority (FCA) took over the regulation of consumer credit on 1 April 2014 from the Office of Fair Trading (OFT).

Presently Impact and Sutherlands operate with FCA Interim Permissions - Management have no clue what they are doing - couldn't run a toffee apple stall.
Posted at 22/1/2013 17:09 by superjane
Resignation of Director

Justin Bates has notified the Board of his desire to resign from his role as a
Non Executive Director with immediate effect. Both Impact and Justin wish each
other well for the future.

Here is the first to jump ship. Looks like total chaos! Fall out from the complete failure of the legal services strategy I expect..

IHUK made an enormous mistake exiting property funding OMNI Capital, Dragonfly Finance and Vanberger Property Finance are coining fortunes in bridge loans. I hear Omni averages 16%, Dragonfly and Vanberger 19%.

IHUK had £5m of lending liquidity to play with - pulled out of bridging finance to chase risk in legal services. Total miss-calculation. IHUK could be making a million profit a year in property loans now.... epic failure
Posted at 11/12/2012 10:30 by superjane
IHUK have recognised that legal expense funding has a ceiling so are looking to diversify, but pure Legal Services are currently subject to regime change meaning its hard to predict future profitability, and impossible to judge the sector's value. Making an acquisition at the moment very high risk

IHUK had (still has) a licensed property finance division; however it's been suspended as they hired a fool to run it. IHUK should have fixed that division and got in to niche funding. OMNI Capital, Dragonfly Finance and Vanberger Property Finance are making fortunes in bridge loans - I heard Omni average 16%, Dragonfly and Vanberger 19%. IHUK had £5m of loan liquidity to play with - pulling out of bridging finance to chase risk in legal services was miss-calculated
Posted at 12/9/2012 16:10 by still waiting
the price looks good.

must be £200K PBT so only 5 times earnings.

If this is the start we might be able to get some momentum going in the share price
Posted at 28/8/2012 19:11 by bozzy_s
Good placing price earlier this month @ 3% below mid.

I have a funny feeling your long-awaited transformational news might be near SW. Just a hunch. If not, the share price isn't exactly overpriced on a 'keep everything as it is' basis.

I've not reinvested and don't plan to. Filled up with GDP shares over the psat 6 months which are even cheaper than these (imho).

Good luck fella. This has as I expected when I held, been a better bet than MTV for you.
Impact Holdings share price data is direct from the London Stock Exchange

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