Manx Financial Share Discussion Threads

[value viper] 17/12/2012 14:40

needs to clear the 6p level first then I would hope 10p next ?!

[gears] 16/12/2012 14:16

139807 @ 6.5 P The late trade could push them up further on Monday.

[castleford tiger] 14/12/2012 17:21

mARKET ON LEVEL 3 was 10k to buy at 6p sell 75,000 or 100k at 5.25p

Market looking for stock.

Anyone looking for a big stake can contact me but must warn you i want 10p right now and soon probably more.

Tiger

[gears] 14/12/2012 13:37

Now 5-6p so little stock about.

[dleftpalt4] 14/12/2012 12:49

Wiseacre I agree there is real upside potential here due to current conditions in the market place in which Manx operates. Just a pity there is no director buying at the moment.

[wiseacre] 14/12/2012 11:26

Tipped in the Daily Mail today. MFX must be one of the best tuck away's in the market. Can't see any downside and a good bet to double in 2013.

[gears] 14/12/2012 10:46

Looks like 6p to buy on little trades. So not much around.

[gears] 14/12/2012 09:41

dleftpalt4 We also have savings rates which are close to or under inflation to get things moving. Not many deposit takers are offering over 2% fixed so cheap money going forward.
ING was one of the larger lease companies.Cars Tractors etc are a large market.
Manx should be able to get deposits on IOM & use them for UK expansion.

[dleftpalt4] 14/12/2012 08:42

GEARS I agree. The market is currently overlooking the fact that companies such as Manx can hold their lending rates whilst attracting less risky customers as a result of larger players having withdrawn from the market place for the time being.

[gears] 14/12/2012 08:06

It won't take much to get these moving.With ING leasing stopping UK business the chance to improve market share are looking better.

[dleftpalt4] 12/12/2012 11:05

I agree and interesting to note directors purchases at Private & Commercial today.Small finance companies such as Manx & Private & Commercial are faced with attractive market conditions at the moment and I just hope the directors get the overheads under control so that the profits come through.

[gears] 11/12/2012 16:49

With the interest rates to savers falling weekly surely this should help our business going forward.

[value viper] 19/11/2012 14:38

need some buyers, drifting lower again

[gears] 26/10/2012 12:50

Slightly higher than some bonds bit it is unsecured.The 2 largest shareholders are already down a packet on this one so will want the shares to go up to just break even.Noticed they chopped their rate at the bank on the 24th oct so must have all they need for now.The margin should improve next year as the funding for lending pulls rates down very low & increases inflationary pressure.

[value viper] 26/10/2012 11:15

am I right in saying a 7% coupon (cost to the co) is pretty bloody inhibitive ?
or am i misunderstanding something (i hope i am).
with a conversion right (to dilute us) @ 4p too ??!??!

[gears] 13/10/2012 09:16

I agree Tiger think the worst is over.

[dleftpalt4] 12/10/2012 20:55

But while we sit tight other opportunities pass us by! I was going to exit this week to top up in QFI & AFC. If only I had done!!!

[castleford tiger] 12/10/2012 18:49

sit tight x

[34simon] 11/10/2012 12:50

6.31p bid to tempt out the sellers now, just 10k offered at 7p

[34simon] 11/10/2012 08:44

Just as I posted somebody took that 10k out :-))

[34simon] 11/10/2012 08:42

10k max online, sellers market no buyers allowed, they will have to pay 7p
for any size.

[gears] 11/10/2012 08:09

Tight market & few sellers so any buys will take it up.

[34simon] 11/10/2012 07:54

Nice tick up on the bid pre-market, there is a buy order here but no sellers to
fill it, see the late after close buy of 15k, guess all the mm would give them.

[34simon] 10/10/2012 09:00

18k max on that 6.5p offer, 75k max at 5.8p bid, L2 3 v 1