Morses Club Share Discussion Threads

[smithie6] 26/7/2021 21:26

well, it looks like the share price was ~120p before the Covid crisis hit in Feb/March 2020
& since then the biggest operator in the sector has left the sector & some others (such as Amigo) have problems with the courts & FCA & have I think suspended all new lending

leaving Morse as the no. 1 operator for HCC & as an expanding player in digital lending for HCC & longer term lower % rate loans.

so, logic tells me that surely the share price should recover to >120p, no ?

[blueball] 26/7/2021 16:49

Up another 4% today.

[smithie6] 26/7/2021 14:36

the bounce from 75p to 85p was quick, a good sign I think.

[smithie6] 23/7/2021 17:44

& am I correct in saying that up is good, yes ?

and better than down ?

;-)

[blueball] 23/7/2021 14:27

Up 5% today.

[investorsiba] 22/7/2021 14:46

im not so sure

whoevers behind the AT Trades moves this, and we go where they want us to go

up or down

[smithie6] 22/7/2021 13:34

perhaps the fall to 75p is now history ?

onwards & upwards ?

[clocktower] 19/7/2021 13:08

If I was more liquid and my screen was not full of red today I think the current situation makes this a good buy, as more businesses have got staff in isolation and will not be getting a full pay packet I suspect - so need to turn to loans.

[investorsiba] 19/7/2021 10:19

good to see supportive long term holders here ;-)

[georgefirth] 16/7/2021 16:13

What is edraft? I keep seeing it in their presentation but can't find anything around it?

[smithie6] 16/7/2021 11:52

indeed.
just a bit frustrating that it didn't just keep going up on the straight line it was on ! je je

[investorsiba] 16/7/2021 11:50

Smithie dont worry about the current price, give it 6 weeks, theyll most likely be an ahead trading statement propelling this back into the 90's area.

This trade currently is very compelling

[smithie6] 16/7/2021 11:48

"66% of all HCC lending is now cashless"

surely means bigger nett profit margins

[smithie6] 16/7/2021 11:46

"with total loan book balances increasing by 99% relative to the FY21 year-end position. New credit issued is 33% above management's budgeted plan, with collections performance also ahead of budget, indicating the increase in lending volume is not directly reducing the quality of the loan book."

[smithie6] 16/7/2021 11:45

from the last trading statement

"planned volume growth in the second half of the year."

[clocktower] 15/7/2021 15:46

Peaky00 idiot - your gone now from this thread, unless you pay ADVFN for an upgrade. :-)

[peaky00] 15/7/2021 15:43

Amigo is near rock bottom price. Golden ticket being offered

[peaky00] 15/7/2021 15:39

Peaky loves adding value to Bbs

[peaky00] 15/7/2021 15:36

Amigo is the best loans firm.today

[peaky00] 15/7/2021 15:35

Amigo set to hit 22p

[peaky00] 15/7/2021 15:35

Amigo is the stock of 2021

[peaky00] 15/7/2021 15:34

Peaky must be advfn staff?Hint hint

[investorsiba] 15/7/2021 15:34

how the hell has he done that

[peaky00] 15/7/2021 15:34

Thanks for new BB invite