Non-standard Finance Share Discussion Threads

[tongostl] 03/4/2020 14:46

I bet they are, they were all happily buying last year in the lower 40s.

I reckon by the end of the April, the results will be ok to good with a conservative downbeat outlook, followed by directors buying and the gov announcing a partial reopening of the economy. 20p will get smoked.

[32campomar] 03/4/2020 14:37

I bet the directors are frustrated the company is in a closed period!

[tongostl] 03/4/2020 14:32

Very true, the level of defaults are the big unknown at this stage, but imo, nsf offers relatively small loans and those people new to universal credit or who are now relying on the gov for subsidised wages, should still be able to make some sort of payment in the interim untill things normalize, which again imo, is going to be sooner rather than later.

A mrkt now of £24m is truly astounding, this could 10 bag within 2/5 years if the med/long term forcasts are met.

[galaxy enforcer] 03/4/2020 14:30

Yes payments may be deferred but will still be due. They are not being wiped off. Times for all companies are rough at the moment however this will not last for ever. I do believe that people buying now will be well rewarded.

When we see the green shoots I am sure that NSF will rise again not to 20p but far higher and reinstate the dividend.

[32campomar] 03/4/2020 14:22

But it's a big unknown what the default situation is until we get an update late April. It's no good having a load of loans out if people lose their job and can't make repayments. That said the price does seem ridiculous

[tongostl] 03/4/2020 14:08

Why would the company need anyone to step in? They have just negotiated at £200m credit line, plus have £14m+ in the bank, plus have pretty much stopped all lending while continuing to receive cash reciepts from customers.

Fill your boots boys, this time next month these could well be 20p+

[tole] 03/4/2020 13:14

Added a few here.

[32campomar] 03/4/2020 13:07

They may have bigger fish to fry!

[wowzers] 03/4/2020 12:57

Does Alchemy step in at some point?! Private equity has deep pockets to protect their investment

[32campomar] 03/4/2020 11:01

There will be no recovery untilThe general market bottoms & certainly not before the last week in April when the results are out And we can quantify the impact I.e how many virus related defaults

[ny boy] 03/4/2020 10:30

Some bottom churning around 8p support going on, reckon this could be the base area for bulls to start attacking over the coming weeks.

[ny boy] 02/4/2020 20:12

Well I bought some in the 8p’s as that was the approx support level,for a spec punt, see how it goes post CV etc GLA

[paduardo] 02/4/2020 19:30

The fca has effectively done that - see announcement today:



Guarantor loans are not mentioned but I would expect NSF who value their relationship with the regulator will follow the same approach voluntarily,

This could be the reason for the share price going down this week.

[cokehookerscars] 02/4/2020 18:49

Do we think the government might intervene and force NSF and similar to reduce interest rates and/or give customers long payment holidays ?
Just thinking this might genuinely occur.

[knowing] 02/4/2020 16:21

Blimey ! Been too busy to trade but this is ridiculously cheap

[ny boy] 02/4/2020 15:13

Hard for some to buy individual stock bottoms but easy to buy stock tops. Just the investor mind games, just need titanium balls, this is not a stock to bet the house on but one to buy if you have surplus funds, that you can forget about for the medium term, most importantly dyor as usual.

[tongostl] 02/4/2020 14:56

Have noticed there's also a 100k buyer keeps popping up. This is getting interesting....

[tongostl] 02/4/2020 14:53

Does anyone seriously think this is going bust? I just cannot see it. My guess is we have a distressed seller who needs quick cash, possibly for client redemptions.

A prolonged economic downturn means more customers for NSF. But it's paramount the company gets its shops open asap. In fact I think the BoD should be pushing the gov to let them open up now as an essential service. I will email the company later today.

[32campomar] 02/4/2020 14:39

Yes there is a seller he's been there a couple of days. He either thinks this is going bust or he's desperate to raise cash.

[patientcapital] 02/4/2020 14:35

Depends on whether or not a deep depression is in store. Too early to tell but a severe bear market for a year or two looks highly likely.

[tongostl] 02/4/2020 14:29

There's clearly a distressed seller at play here with all these ATs, who is possibly on a margin call elsewhere?? Either way I cannot see how this current valuation is a fair reflection of the company.

This price is a gift horse if you ask me. In a month or so this could lead to the most significant rise in all of the market.

[ny boy] 02/4/2020 14:22

It’s at 8p support mentioned yesterday, let’s see if it holds but a lot of temporary noise and distraction from CV, not helping but if investors look beyond that...

[ny boy] 02/4/2020 13:22

My observations..70%+ discount off 30p recent highs, seems over sold imo
Could be 50% upside if CV peaks in the UK soon dyor & ignore Stalker boy and any of his other multiple aliases lol!

[ny boy] 01/4/2020 17:43

Its what I expected from you, you still bitter from your failed investments?

Support levels can be important when trying to seek a bottom but are only for guidance

[stalker_boy] 01/4/2020 15:16

What sort of n idiot comes out with support and resistance when markets are in the grip of a pandemic. You idiot ny boy