Morses Club Share Discussion Threads

[smithie6] 25/2/2021 14:50

symm !!

je je

(+2p, to 64p to sell)

--------

the "yump jump" happened !! :-0

[smithie6] 25/2/2021 14:42

trade number 37
65.77p 40000


62.2p to sell
63.6p to buy

So, someone happy to pay ~2p over the official price to get a volume buy trade to go thru

:-)

[smithie6] 25/2/2021 10:37

NSF (competitor) said recently

"We expect to see a significant increase in demand once the economy is opened up as our customers resume their normal lifestyle"

:-))

[scubadiverr] 25/2/2021 10:27

NSF and Amigo both down today after recent steep climbs

[smithie6] 25/2/2021 10:22

Scuba

well, positive trading in this sector & adjacent sectors in recent months imo, better than the mkt expected imo
(eg. at HAT, pawn shops but also buying/selling used watches, jewellry, & doing forex)....so while many bars/shops etc are closed many ppl are still living their lives, modified lives & some will be looking at borrowing money.

------

I agree that future months look better, as the economy re-opens...& the mkt moves in advance
(as the economy re-opens more ppl return to work, in bars, cafés, hotels etc, & hence the value of doubtful loans should reduce imo & the total value of loans should increase imo)

(if I was working in the leisure sector & suddenly the economy re-opens after 1 year closed, I would be rushing to go on holiday or buy that fridge/TV/car/motorbike (probably using a loan) that I didn't want to risk taking on during the lockdown)

[scubadiverr] 25/2/2021 10:15

Maybe, but I note NSF and Amigo are also soaring

[ronwilkes123] 25/2/2021 10:12

Tbf a reduction in losses from online would cause this soar

[scubadiverr] 25/2/2021 10:00

I can't see a TU being particularly positive. Lock down will have curbed peoples opportunities to spend, compounded by increased government support. IMO, it is life after lock down where the opportunity will be and a later TU were any growth will be evident. Markets are forward geared and I think this is why we are seeing the recent uptrend. I'm happy of course to be wrong.

[ronwilkes123] 25/2/2021 09:32

Not one for conspiracies but odd how this jump corresponds with the last couple of days of morses fy - almost as if someone knows the business is improving

The jump will be far bigger if the trading statement is positive which can come any day from Monday

[smithie6] 25/2/2021 09:08

interesting how the price to buy oscillates so much

today, up & down between 63p & 65p

----

sometimes an advertised spread of 1/2p & sometimes its 3p.
?

[smithie6] 25/2/2021 09:05

opaldouglas
imo the down trend was already ended/completed, by the rise from the previous 35p to 60p

but a chartist's definitions might be in line with your post

[yump] 25/2/2021 09:04

You never know, might get value investors + chartists + momentum guys

[molatovkid] 25/2/2021 08:53

Lots of blue i see ! Buyers piling in....

[opaldouglas] 25/2/2021 08:44

Looks like we've just broken out of our 1 year downtrend, a hold above this level would be really encouraging.

As per previous posts I expect a very strong recovery over the next 12 months.

OD

[smithie6] 25/2/2021 08:38

ka' ching ! :-)

63.04p paid

ie. >= 63p

I won the bet & well within the time limit of the end of this week.

:-)

[ronwilkes123] 25/2/2021 08:07

Fall again

I win

[smithie6] 24/2/2021 16:35

but !

if ignore the sale of 1 share

then the last sale below 60p was at 09:12 this morning

imo it is clearly still grinding upwards
50-60p rise, it has taken 30 days, but hey, 10p rise is 20%, if all my shares had gone up 20% in the last 30 days I'd be happy enough !!

10p rise in 30 days , 20 trading days,
= 10/20
= +1/2p per day.

[ronwilkes123] 24/2/2021 16:35

Finished red with sell under resistance lol

[ronwilkes123] 24/2/2021 16:30

Couldn’t stay up all day

Sell back under 60

[smithie6] 24/2/2021 15:37

are we agreed, that the last peak/resistance at ~60p has now been broken ?

[smithie6] 24/2/2021 15:36

as the economy re-opens then more bar/restaurant/hotel/taxi/travel/airport workers go back to work

& any existing loans they have will see less defaults

& some of those ppl will want to take out loans, (some from MCL) such as to buy an electric scooter, go on holiday (after no holidays for ages), fly abroad

[smithie6] 24/2/2021 15:30

je je

------

price to sell has moved up to 60p

(..been a slow grind upwards from 53p)

....surely we must have a good chance now of seeing the famous

"yump jump" !

:-)))

[ronwilkes123] 24/2/2021 15:27

One of those buys was mine lol