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
  -2.25p -1.67% 132.75p 132.75p 137.00p 135.00p 132.00p 135.00p 570,815 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial - - - - 171.91

Morses Club Share Discussion Threads

Showing 126 to 149 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
17/7/2017
22:24
Cheers GHF
masurenguy
17/7/2017
17:03
Mas - Here's the link. Don't see it having any impact positively or negatively on MCL. HTTP://www.bbc.co.uk/news/uk-england-leeds-40631789 Regards GHF
glasshalfull
17/7/2017
16:32
What does the above comment in #85 actually mean?
masurenguy
17/7/2017
15:27
And Provident have just slate for sending out 1m nuisance texts
solarno lopez
24/6/2017
09:28
May or may not so let's not worry. The Hardman note talks in detail about the opportunities with market change and refers to Provident.
battlebus2
24/6/2017
08:21
Doorstep lenders may be forced to hire agents The doorstep lending industry may be forced to follow Provident Financial’s lead in abandoning self-employed agents, even if that leads to slumping profits, according to industry insiders. They said that the Financial Conduct Authority was closely watching Provident’s shift from agents to direct employees and may insist that its smaller rivals adopt a similar model. The FCA took over responsibility for consumer credit in 2014 and has been taking a closer look at the companies in the sector to decide whether to grant them licences. Morses Club and Non-Standard Finance, the second and third-ranked home credit lenders, have received full authorisation, while Provident’s licence is still pending. The two smaller companies also use self-employed agents and the fact that they have been granted licences led some to say that they may not be forced to make a similarly drastic change to their business. However, other experts said that the FCA could still require the change once it had observed it in action at Provident. Frederic Nze, who founded the digital credit company Oakam ten years ago, said: “With self-employed agents who are highly commissioned and vulnerable customers, there is an issue around control and knowing what is going on in the home of the customer. The relationship between the agent and the customer can become one of dependency.” Complete article: https://www.thetimes.co.uk/edition/business/doorstep-lenders-may-be-forced-to-hire-agents-jjl93cc6k
masurenguy
22/6/2017
09:45
Yes and a nice dividend it is 👍
battlebus2
22/6/2017
09:41
drop today also due going xd today. div was 4.3p
100laila
22/6/2017
09:22
MCL highlighted their strategy of taking on the pf agents so they knew pf were going to suffer. their agent would take their pf clients to MCL hence pf loss is MCL gain. Also mcl xd today. This is company specific to pf because they underestimated the power of their agents. The relationship between agent and customer is stronger than brand loyalty.the customer regards the agent as a friend and if the agent changes company the customer will not mind changing as long as the terms are similar.
haroldthegreat
22/6/2017
09:05
Yes even that, looks like bad management to means like you say no real relationship to what's happening at MCL.
battlebus2
22/6/2017
08:55
This mornings 5% fall is almost certainly triggered by last nights awful PF results. In fact those PF results appear to be more related to a poor and misguided marketing strategy than any weakness in the sector. The knock on effect upon the MCL shareprice could represent a good top up opportunity since they should directly benefit from the woes at PF. Doorstep lender Provident Financial left out in the cold after shake-up slashes profits Shares in Provident Financial suffered their greatest fall in nearly 30 years yesterday as the sub-prime lender issued a profit warning on the back of a disastrous attempt to reform the way its staff make and collect loans. Provident shares lost as much as a fifth of their value, ending the day down 504p, or 17.6%, at £23.61, wiping more than £700m off its stock market value after it revealed that profits for the first half of year would be nearly 50% weaker compared with the same period in 2016. Job vacancy rates are running at more than twice the level the group had predicted when it began an overhaul of its doorstep lending operation, which is expected to cut the number of collection agents from 4,500 to 2,500. In a statement to the market late on Tuesday, Provident warned that profits from its consumer credit division, which makes small doorstep loans to hundreds of thousands of customers across the country, would be about £60m in the first half, down from £115m for the same period in 2016. Its business model has survived wars, depressions and everything between. Everything, that is, but the latest manoeuvrings of management, who want to drastically cut the number of agents, turning them from a part-time workforce into full-time loan-makers. With agent numbers set to drop from 4,500 to 2,500, Provident has been hit by staff defecting to rivals and taking their valuable contact books with them. This has both hampered collections of debts and disrupted sales of new loans. There is evidence that agents have gone to work for direct competitors, such as Non-Standard Finance, which was founded by John van Kuffeler, Provident’s former chief executive and chairman for 22 years until he left in 2013, as well as Morses Club. Links to complete articles below: https://www.thetimes.co.uk/edition/business/doorstep-lender-provident-financial-left-out-in-the-cold-after-shake-up-slashes-profits-3rg37t9cl https://www.thetimes.co.uk/article/provident-becomes-agent-of-own-misfortune-r579s5rzv
masurenguy
20/6/2017
10:15
Encouraging will do for me.
battlebus2
20/6/2017
09:23
Can't beat a positive T/S mmmm
santangello
18/6/2017
23:09
......certainly has that look/feel jitters, retracing nicely. My chart buddy (charts which I personally do not use as a rule) tells me the share price looks to rise strongly from the 125p base level.... .....we'll see ?
santangello
16/6/2017
12:32
Is that the seller finished
jitters3
25/5/2017
17:27
http://www.hardmanandco.com/docs/default-source/company-docs/morses-club-plc-documents/25.05.17-opportunities-abound.pdfWell worth a read imho.
santangello
10/5/2017
09:02
Buys showing as sells this morning
essential
09/5/2017
15:37
Hopefully yump...
battlebus2
09/5/2017
15:36
Looks like 110-130 range might be gone soon.
yump
09/5/2017
09:32
....DTY and CVSG performing well for me too...
santangello
09/5/2017
09:30
Indeed....adding here, RNWH, XLM and WJG at present....powering ahead :)
santangello
08/5/2017
17:44
That's a pretty confident sounding portfolio there Santangello 👍
battlebus2
08/5/2017
16:43
Looks like it might do another jump...
yump
08/5/2017
15:08
Many thanks GHF.I have added to my maiden purchase earlier, and very happy to add to my ever growing, successful Portfolio.
santangello
Chat Pages: 6  5  4  3  2  1
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