Non-standard Finance Share Discussion Threads

[tournesol] 18/2/2020 18:57

campomarno that trade was not executed after hours. it was executed whilst the market was open. and it has therefore already had an effect on the market. what happened was simply that it was recorded after hours. record time doesn't change the market impact. it just shines a retrospective light on it.

[32campomar] 18/2/2020 17:40

Big 440,000 buy gone through after the bell should be positive for tomorrow

[milliecusto] 18/2/2020 17:11

Chart turned nasty, double top, failed to make a new high, disappointing, had hopes for 40p

[sphere25] 18/2/2020 11:40

Beginning of consolidation in the sector?

There has been takeover speculation here with PFG and private equity mentioned:

[parob] 18/2/2020 09:47

AMGO up 10% on the news. Good to see sector M&A interest. NSF is surely a possible takeover target especially at these levels.Surprised this hasn't moved higher today on the back of that news.

[parob] 18/2/2020 08:03

Sector news this morning:Amigo Holdings Receives Several Indications Of Interest For Takeover

[parob] 16/2/2020 09:09

Q4: You touched on lower funding costs. What is happening there?A4: For some time, Non-Standard Finance has indicated a desire to diversify and cheapen its funding while still maintaining long-term commitments. We understand a new £150m-£200m facility has been agreed and the lenders have done the due diligence so a final announcement of terms is due, hopefully in the near future, and once the legal process is completed. We understand that there may be a "meaningful" reduction in funding costs compared with existing facilities and a six-year term. The current £285m term loan runs until 2023. Management resisted requests to provide any guidance on what the quantum of such a reduction might be until the deal is signed and it is probably not in consensus estimates yet. There is clearly an "opportunity" to repay some of the existing and more expensive facilities. The extent of any refinancing will be determined by the group at the time and will be considered in the context of wanting to ensure that the group has diversified and not concentrated funding, that there are no maturity cliff edges, as well as the need to fund future growth (our estimates £50m-£60m p.a.). As a final point, we understand the term loan can be repaid without penalty at this stage.https://www.directorstalk.net/analyst-qa-with-mark-thomas-non-standard-finance-lonnsf/

[parob] 14/2/2020 16:29

Decided to buy back in this week! The bull case/potential catalysts seem to far outweigh any regulation risk. Sellers appear to be exhausted and the chart looks incredibly enticing! After listening to the recent analyst interview, the new financing deal appears close and that could be the catalyst to move the price to 40p plus pretty swiftly. Might not even need that news to get there.

[galaxy enforcer] 14/2/2020 15:56

Trying to push higher now. Buys far outweighing sells today. Could be very interesting with a market rally on where it parks itself next.

[32campomar] 14/2/2020 11:12

Yes I can vouch for that, it took a long time for my buy order to be filled yesterday, for a relatively small amount of shares too

[galaxy enforcer] 14/2/2020 11:03

Yes was going to say that there are very few sellers left at this level so time for a move.

[andyview] 14/2/2020 08:55

All buys so far, are we through the barrier, another little push on up we should go imho.

gla

[milliecusto] 14/2/2020 08:12

Good start

[galaxy enforcer] 13/2/2020 13:56

Took them a while to fill that 50K buy.

[sphere25] 13/2/2020 13:05

There are numerous performers. Make hay whilst the sunshine. This market is straightforward and not providing the intricacies of past periods where volatility has been ripe. The US leads and appears to take all issues in its stride. That market is due for a correction so I wouldn't be piling into things here like SCS or getting too carried away. It's usually these "high five" periods when the markets come off and correct.

Just sit and wait, bide your time. Let things go up as they are doing and then wait for a correction to add. This year (barring some extreme anomalous type catastrophe from Coronavirus) looks set to be a continuation of gains from last year, though not to the same extent imo.

Always DYOR though. Be cynical of every poster on these forums - everyone! Folk don't know who I am. I don't put myself out there. I could be any ole numpty ;-)

Form your opinion and then find what works and keep doing more of the same.

Rinse and repeat, even if it's only thing. Slow and sure with risk management the absolute priority wins the race.

[rumbers2] 13/2/2020 12:53

That's a great run you've had. BREE must be your star performer.
I see SCS has just dipped back below 240 again. Worth topping up maybe?
Apologies to regular posters for being off topic here.

[sphere25] 13/2/2020 12:46

You're welcome Rumbers2.

Just a buy and hold market this. It keeps rewarding patience. Even mainly as a trader, it's blatantly obvious that nipping in and out isn't maximising the gains. That time will come when markets are more volatile, but it's all nice and steady for now.

SDY has been a cracker - well done. Highlighted those under 50p, currently testing another breakout at 82p - didn't maxmimise the gain there myself but can't get them all. Shifted into other stocks like BREE (highlighted them at 62p, hit 100p yesterday), FIF (highlighted them at about 70p, currently 102p), LUCE (highlighted them when they were bouncing between 70p-80p currently 134p), INSE (highlighted them at 13.5p, currently 19.5p). TMG (highlighted them at 83p, currently breaking higher at 94.5p) amongst others.

Warned against numerous stocks too like INTU,VRS,ALT,XLM. Been very vocal in trying to save folk from jam filled stocks.

As for NSF, hit the radar on the Invesco forced selling down at 21p. It has been more an overhang and technical play, though the recent statement has been assuring considering the valuation. Clearly big buyers willing to mop up Invesco and other sellers to move that high from the lows.

Consolidating the gains here. We looked great till a few days ago when the trend was firmly up, but then someone came in on Monday to offload blocks of 1.2m. They have been mopped up and the price has stayed firm so that's bullish. Hopefully we can clear 31p and push on before the finance related RNS.

[32campomar] 13/2/2020 12:19

Looks ready to pop.

[andyview] 13/2/2020 12:15

It does look promising again today for a breakout,

gla

[rumbers2] 13/2/2020 12:00

Unable to mop up any of these sphere. I did manage to pick up 15k of XPD this morning at just under 35p and about 8k of SCS at 234p a few days ago. Still holding on to those.
I'd like to thank you for your valuable contribution to all these threads. You awoke me from my slumber after vegetating with SDY for so many years. Realized some of that profit and am no trying to make my money work for me after languishing so long.

ps. 2000 NSF briefly became available and within seconds was mopped up!

[sphere25] 13/2/2020 11:45

The analyst in that Vimeo video said the savings from the financial arrangements were not in the forecasts so could there be a surprise here?

Bought some this morning awaiting that RNS.

[galaxy enforcer] 13/2/2020 10:37

Morning, I still go by my chart analysis that we need to test 34-35p and break through that for the next wave up. Consolidation at this level is key. Will just mention DNL which has released some excellent news and currently not picked up by the market.

[andyview] 12/2/2020 14:45

If it breaks 31 we could see this moving up to 35 easy imho.

gla

[andyview] 12/2/2020 08:57

Good post tongosti. Provides an indication of where NSF are headed , looking at the all important bottom line and generating profit.

gla

[tongostl] 11/2/2020 20:02

Worth a listen