Share Name Share Symbol Market Type Share ISIN Share Description
Morses Club LSE:MCL London Ordinary Share GB00BZ6C4F71 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 137.50p 137.75p 140.00p - - - 3,494 13:30:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial - - - - 178.06

Morses Club Share Discussion Threads

Showing 176 to 198 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
15/10/2017
10:04
Yump post 134 Sums it up so well :-)
owenski
10/10/2017
10:38
Thanks Battlebus
solarno lopez
10/10/2017
10:35
I've 4.9% and 5.6% pencilled in.
battlebus2
09/10/2017
14:42
Can someone help please as I cannot find all the information but what is the forward yield on MCL Thanks
solarno lopez
08/10/2017
16:00
Many years ago I'm afraid 😳
battlebus2
08/10/2017
15:54
It is tragic how some folk can't afford the latest iPhone7 and surround-sound home cinema at exactly the time they want them ;-) Absolutely bizarre stuff on the news the other day about people paying an extra £5 or something to get immediate delivery of something. At the same time I bet those people are spending ages online trying to find a £5 voucher code to stick into the checkout basket to get a cheaper deal, while moaning about how times are hard. We really have lost the plot.
yump
06/10/2017
15:30
Welcome onboard Woody 👍, yes it's getting harder out there by the day almost everyone suffering a squeeze on household income.
battlebus2
06/10/2017
15:08
had a couple of bites today for xmas, lots of borrowing to come i expect. many respected investors on board i see woody
woodcutter
05/10/2017
11:58
Now you have confused me. Which would you rather have , a blow or a ride?
fenners66
05/10/2017
11:43
Rns's have to be mind blowing these days to get a ride on the day
panic investor
05/10/2017
09:16
panmure house broker lifted guide price to 160 - buy this update does not give guide of new business since half year - over 400 new in total population of 2100 perhaps analysts brief at 9.30 be more revealing
russell250
05/10/2017
09:09
Look at the rise since early August it means the performance to date was already in the price. An acceleration of new business next year will give these a lift when it happens.
fenners66
05/10/2017
08:54
looks like a good set of results, everything improving and there hasn't been long enough for the full fall out from provident to influence the figures.....any reason for the drop or is it simply ''buy on the rumour sell on the news''??
nakedsteve
03/10/2017
15:57
longer term ; I dont know if there has been time for it to happen with these results ; there is opportunity to pick up a large slug of business from Provident, their loss Morses gain.
fenners66
03/10/2017
14:31
results two days - any views??
russell250
27/9/2017
15:11
Brief Q&A article... Coverage Initiation by Zeus Capital’s Robin Savage - HTTP://www.directorstalkinterviews.com/morses-club-plc-qa-coverage-initiation-zeus-capitals-robin-savage-lonmcl/412736876 Q3: Morses Club is currently trading at 144p, is this really a good time to buy shares do you think? A3: I think we should think about four things, one is the valuation, the next is the seasonal timing of an investment in MCL, the third is the cyclical timing in terms of where we are in the business cycle and the fourth, structurally, what are the structural issues that we should bear in mind. So, first of all, in terms of valuation, at 144p a share, the company offers investors the prospect of a 4.7% dividend yield and double-digit growth. We expect a 19% dividend growth in 2018/2019 and then in the following year, we expect it to be around about 12%. So, it’s attractive on valuation grounds. Secondly, there is seasonal timing, Autumn is a good time to invest in home credit businesses because the first half of the year is complete and we know where we are for the first half and then we have the most important lending period, Christmas, about to begin. The third is cyclical timing, now home credit businesses tend to trade well in difficult economic conditions, certainly they traded well in the last two recessions. So, I think investors should be quite confident that cyclically this is a good time to be thinking about investing in the company. Fourthly, structurally, investors should recognise that the prospects for the company have dramatically improved since August, it has now got the £40 million bank facility, it has got hundreds of new agents, it’s got prospects of even more agents coming on board if that’s what they want and these agents should be productive in calendar year 2018 and beyond. So, I think that in the next 6 months, we should see the company trading at between £1.67 and £2.00 a share and certainly, I expect, following the interim results on 5th October, I think the shares should do well.
speedsgh
05/9/2017
10:23
Looking at these but just thinking they may have got away too quick, I will wait to see if mr. Market lets me in cheaper.
ny boy
01/9/2017
09:52
Yes thanks GHF, ever the gent and you dont get many wrong! The IFRS change mentioned does not concern me as it has no effect on cash flows or overall profit, it is just a potential timing change in charges a bit like if you got a £100k vehicle with a 4 year life with no residual value and are currently charging £25k a year against the vehicle but then move to yearly charges of £40k, £30k, £20k and £10k - the overall effect is no change except earlier years are taking a bigger part of the charge and so will reduce accounting profit early on but increase them in latter years. Piece in The Times today as well which mentions:- "Mr Smith said he did not believe the financial regulator would force providers of home credit to make agents become directly employed or introduce video and audio recording of conversations with customers." I know this has been a concern for some so looks like a hurdle cleared especially as MCL recently announced receiving full FCA authorisation.
jeff h
01/9/2017
09:50
Thanks GHF, you can't win them all 😉 Through 150 this morning 👍
battlebus2
01/9/2017
08:50
GHF I think you've been a victim of sod's law here ;-) I don't know if its your sort of stock but I took a stake in Nexus (NEXS) recently. Vowed to not invest in any more floats a while ago, but previous disasters were all tiddlers, so made an exception ! Appreciate your views over on that thread if you're interested.
yump
01/9/2017
08:10
Only to be expected http://www.thisismoney.co.uk/money/markets/article-4841408/Morses-Club-reports-surge-demand-Provident-chaos.html
blueliner
31/8/2017
21:23
Well done holders. Nice positive statement & I certainly left the party prematurely! Of course, nobody quite realised that PFG would implode as spectacularly as it has. I certainly didn't when I made the decision to sell out & have to say I've been tempted to reinvest a couple of times recently. Again, I was quite clear in my post that my decision was not an indictment on any failings of management or MCL & pleased for those investors that had far more faith than me. Kind regards, GHF
glasshalfull
31/8/2017
20:28
30% rise since the recent drop is a bit embarrassing for Numis. Not the first time that a general downgrade has given buying opportunities in a few companies caught up in the fall-out. I'm hoping PETS will continue to strengthen - its a while since it took a hit with many other retailers being downgraded, despite being in a resilient consumer market.
yump
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