Morses Club Share Discussion Threads

[smithie6] 27/2/2021 13:00

Target price ?

1st Feb. 2020 the share price was 130p, that seems like a decent 1st target.

& if the digital division starts firing on all cylinders then who knows where the price might end up

(they spent quite a bit of money on acquisitions, as part of a plan, if it works then it could be good

U account cost £5.8-10.8 million depending on earn outs.
& CURO cost up to £8.5 million, depending on cash acquired (& it had receivables from loans made of about £20 million !, so the acquisition might have ended up being free !)
)

[yump] 26/2/2021 16:18

Oh I assumed the twit mentioned it

[smithie6] 26/2/2021 14:37

....I don't think anyone gave 70p as a target

[yump] 26/2/2021 14:24

70p is a very amateurish target, but I guess there’ll be lots of followers looking and going “oh yes, look where the last high was”.

[smithie6] 26/2/2021 11:33

btw
that person on twitter
they appear to have sold at 70p, during the short spike yesterday, the shares they bought hours earlier at 63p, making 7p/share in a few hours

I would have done the same !

& they claim that they managed to buy the shares back in the dip this morning.

..the volatility has been crazy in last 24 hours

[ultimatewarrior] 26/2/2021 09:42

He has a lot of followers

[yump] 26/2/2021 09:35

Unfortunately yes and like other social media stuff it affects the uninformed badly.

[ronwilkes123] 26/2/2021 09:26

There was a twitter poster standard deviation crowing about top slicing at 70p

I think he may have caused this

People on Twitter have a lot of influence imho

[yump] 26/2/2021 09:22

Someone mugged themselves !

[yump] 26/2/2021 09:06

You would think people have had long enough to sell out at 60p, not that it matters much.

[ronwilkes123] 26/2/2021 08:52

The lending money business is cyclical

It will be here long after we are all dead

The behaviour of this spike is shocking

[currencytrader1] 26/2/2021 08:46

Director buys, update in 2 weeks, and selling at early 60s..
Madness, new breed of investors will not make money in the long run.

[ronwilkes123] 26/2/2021 08:38

People are selling for 61p this morning

Nothing more than a short time spike this morning

[ronwilkes123] 26/2/2021 08:37

Nope reason reckon for fall today

Delayed sell imho

[smithie6] 26/2/2021 08:22

20,000 shares bt at 67p

could another dir. be buying a few after seeing the news today of the FD buying yesterday ?
fingers crossed

[jamessmith23] 26/2/2021 07:49

Both purchases were pretty large and brand new holdings for the directors, definitely a good sign for LTH

[jsforum] 26/2/2021 07:43

Still half price pre pandemic- with the bonus of the digital division

[sjsrace] 26/2/2021 07:08

Those 40,000 shares yesterday at 65.7p bought by the finance director, just announced...

[ronwilkes123] 26/2/2021 07:07

Another good director buy

This time CFO - v good sign

[smithie6] 25/2/2021 19:37

one key factor to the annual results & the future attraction of the shares is the performance of the digital division

interesting imo to recall that the boss of that division made a solid purchase of shares in December, not many weeks ago.

looks like a good sign to me

(& that the interim results said
"Significant progress in the development of a new loan management platform, now in final test phase to go live in December"
so, one can assume that the COO of the digital division is happy that the digital project for the new loan management platform is ok & the digital div. generally is ok & hasn't fallen over; & hopefully its costs/losses in H2 were under control & lower)


"22 December 2020

Morses Club PLC

Director/PDMR Shareholding

Morses Club PLC ("Morses Club" or the "Company"), an established provider of non-standard financial services, announces that on 21 December 2020, Gary Marshall, Chief Operating Officer of its digital division, Shelby Finance Limited, purchased 100,000 ordinary shares of 1 pence each in the Company ("Ordinary shares") at a price of 44p.

Following this transaction, Mr Marshall owns 100,000 shares in Morses Club, which represents 0.08% of the Company's issued share capital."

[yump] 25/2/2021 15:41

Right, own up who sold those shares ?

[yump] 25/2/2021 15:22

Can I have my prize now ? I shall start planning the new charting blog ;-)

1 out of 1 prediction coming true is 100%. That seems to be enough for a lot of folk to brag about. Lets not mention the lack of statistics !