Non-standard Finance Share Discussion Threads

[ny boy] 17/1/2020 13:25

Where’s Knowing disappeared to, he told me to buy these around 20p, so I did,I will hold for a few years and see how they play out, thanks Knowing wherever you are?

Anymore tips? I am buying a lot of under valued plays at present along with the usual divi payers. Not around much, as away for the winter in the tropics, enjoying life generally.

[parob] 17/1/2020 13:10

Welcome on board napoleon 14th.Still lots of buying pressure. Dip bought up again and highest price of the day paid - 28.2pLooking good for more gains next week.

[galaxy enforcer] 17/1/2020 12:58

Afternoon. Good to see lot's of interest again and hopefully more to come as the information from the Investor day sinks in.

[napoleon 14th] 17/1/2020 10:40

Joined you.

[parob] 17/1/2020 08:27

And the accumulation continues...This is re-rating fast. Even at the 30p the dividend yield is 10%.

[galaxy enforcer] 16/1/2020 17:00

Actually Peel Hunt is stating Hold and under-review so I would not be surprised to see them move to a Buy recommendation. That would be another lift to the price.

[don777] 16/1/2020 15:54

Non-standard Finance Plc
NSF Peel Hunt Hold 26.70 23.50 40.00 - Resumes
NSF Liberum Capital Buy 26.70 23.50 47.00 - Retains

[parob] 16/1/2020 13:53

Sure we will see more TR-1's over the coming days.

[cheshire man] 16/1/2020 13:48

Not forgetting that chart is looking pdg too :-)

[3dwd] 16/1/2020 13:42

Very cheap and good to have no overhang anymore with alchemy as shareholders very interesting..I think.

[parob] 16/1/2020 12:53

Not long to wait on news of the new debt facility which should also give the shares a boost.

[rimau1] 16/1/2020 12:50

This is a strong buy at these levels, the messaging in the update shows its business as usual after a shocking 2019 the momentum in Q4 was an expectations beat. Higher quality loan book and higher new business and collections with a 3p dividend.

[sphere25] 16/1/2020 12:42

Been buying through the morning and just added more now.

Going vertical this. Stock on offer has dried up. Far too much demand for stock including the recent larger buyers as per RNS statements.

Through the 50day moving average and headed to close the gap to 35p imo.

Cracking trading share.

[parob] 16/1/2020 12:31

My 43K top up this morning at 23.8p is already in good profit. Seems like this has legs for a further strong move this afternoon. EML also doing well for me today. Definitely worth a look - well undervalued IMO and has been held down by a seller over last few months despite great progress. Chart looks great there too plus lots of news due over next few months.

[galaxy enforcer] 16/1/2020 11:43

Well that TS will certainly reassure the market and puts them in a good position going into the Investor Day presentation. Nice to see a new holder declared which will add further stability to the price.

As I mentioned I would buy more at 23p which I did and will be adding further at 26p. This now has all the signs of a strong recovery ahead whilst enjoying the benefit of a substantial dividend.

[tongostl] 16/1/2020 11:41

As NSF is forcast to make a profit in excess of £20M next year, and we currently have a market cap of £77m, I wouldnt be surprised if NU, BC or some other institutions get on board over the next 12 months. The truth is the share price should never have gotten to these lows in the first place. I can see 40p+ here this year and £1+ over the next 5 or so years.

[parob] 16/1/2020 10:23

Question is, are Neil Utley and Basswood Capital going to increase their stakes further.Certainly feels like it!!

[patientcapital] 16/1/2020 07:36

More a comment relating to sector sentiment than direct comparison.Satisfactory statement today here so happy to have switched.

[parob] 16/1/2020 07:26

Another holdings RNS. Basswood Capital Management over 3%.

[wardy333] 16/1/2020 07:21

Very good update and N/U has upped his stake as well, looking good for upward movement.

[parob] 16/1/2020 07:19

For newbies. From November's Trading update:Dividend policy unchanged The Group maintains a progressive dividend policy and has previously outlined a medium-term objective of a pay-out ratio of approximately 50% of normalised earnings, before exceptional items. In order to take account of the impact of the expected change to provisions in 2019, it is expected that the pay-out ratio will be above 50% in the current year. By way of guidance and subject to the performance of the Group over the remainder of 2019, the Board expects that the total dividend per share for the year ending 31 December 2019 will be approximately 3.0p (2018: 2.6p).

[parob] 16/1/2020 07:10

NSF Trading update:Trading in the final few months of 2019 was as anticipated and so the results for the year ended 31 December 2019 are expected to be in line with the current consensus of analyst forecasts. Also worth noting:Update on new debt facility The Group is continuing to make good progress on finalising a new GBP150-200m, six-year securitisation facility to help fund future loan book growth. We have signed an agreed term sheet and expect to complete the final documentation shortly. It is expected that the terms of the facility will provide a meaningful reduction in funding costs versus the Group's existing long-term funding arrangements that mature in 2023. A further announcement will be made in due course.Plus Neil Utley increases stake from 3% to 4% so he could be looking to increase further.

[pejaten] 16/1/2020 07:10

Good update..

[tournesol] 15/1/2020 23:50

I understand that PFG's better than expected results were due to the out performance of their credit card product. If that's correct there is no read across to NSF.