Non-standard Finance Share Discussion Threads

[grapevinefriend] 15/5/2020 14:56

2 x 150k buys on a Friday afternoon....I think Monday may be an interesting day.

[ny boy] 15/5/2020 14:04

Knowing, are you doing a bit of swinging? 🤔

Markets are still a bit wobbly and news driven, Trump/China story has been rumbling on and off for ages.

Buy/add on weakness is my trading style during this temporary Covid crisis.

[moormoney] 15/5/2020 10:23

Good start today.

[grapevinefriend] 14/5/2020 20:35

Yeah I reckon FY results will show a solid performance for 2019. Minus exceptional items NSF would likely have banked a fairly healthy net profit, a good indicator of whats to come next year.

The delay in results will have allowed the company to give a more accurate and informative outlook, this may be where our big boost comes from. If the company can reassure the market this could be a real catalyst to get things going.

As for the inevitable downturn. Id expect NSF to be one of only a few companies to actually do well under these circumstances.

[32campomar] 14/5/2020 19:55

Perfectly possible it may drift but results are due probably next week which will send these sharply higher. I wouldn't want to be out at the moment that's for sure

[milliecusto] 14/5/2020 19:36

Maybe, the full economic impact is now being understood, look at the Dow over all the place, still think worst to come and best just trading the dips than look for a long term hold, still expect 10p to be breached

[32campomar] 14/5/2020 17:04

I think those who panic sold today will regret selling out at these levels

[arai] 14/5/2020 14:31

Its got to be a bit more than that MCL is down 18% plus its loss yesterday, by my cals we are back on par with the share prices between the two

[milliecusto] 14/5/2020 13:50

Would stay well clear of amigo loans

[knowing] 14/5/2020 13:34

On the other hand you could say AMGO is up so that adds confidence. These markets are great for swing traders.

[milliecusto] 14/5/2020 13:30

Expect this for a while, reality hitting home, nothing really escaping getting bit, cash is best, would take a punt under 10p

[arai] 14/5/2020 12:06

MCL down another 8.5% today so far, this does not give loads of reassurance

[ny boy] 13/5/2020 15:20

Nothing doing today, going out for usual 2km power walk, trying to keep healthy, no booze since lock down, feeling better for it, air in central London has been wonderfully clean, Greta would be happy

Catch up later in the week.

Patience here

[arai] 13/5/2020 13:13

MCL down 5% or so today.

[ny boy] 13/5/2020 12:10

Few big trades showing as sells, gentle mugging going on, be alert for it, usual tricks.

Hoping to double my original 8p stake later this month, once general unlocking gets underway.

Stay safe ..stay patient here.

[grapevinefriend] 13/5/2020 11:06

Well spotted 32. As things stand, MCL currently has a mrkt cap of £100m vs NSF mrkt cap of £42m, MCL is arguably trading at a 50%/100% discount to a more fair valuation. However, to put things in perspective, NSF will be just as profitable as MCL next year, and likely even more profitable in the following years. Therefore NSF is significantly undervalued, even more so to its already undervalued peers.

Sit on your hands

[arai] 13/5/2020 10:45

If you look at the comparison of the two and overlay the graphs etc in very basic terms the share price of NSF is roughly about a 1/4 of MCL, the graphs are similar with NSF having a little lag on this leg back up so with the results out soon you would suggest that 18p to 20p is about where its at for now .....

[itsnotmeitsy0u] 13/5/2020 10:43

aah apologies!! we are then in full agreement!

[andyview] 13/5/2020 10:36

I’ve added a few more today, looks good for a re-rate imho

Gla

[32campomar] 13/5/2020 10:30

You Mis understand the point I'm making is NSF has a lot further to rise like MCL has!!!

[itsnotmeitsy0u] 13/5/2020 10:24

multi bagging i mean

[itsnotmeitsy0u] 13/5/2020 10:22

that doesn't make sense - you need to buy in before the five fold increase plank! morses looks toppy and is likely to fall back imoNSF has an excellent chance of doing that

[32campomar] 13/5/2020 10:20

I think people need to look at Morses club (MCL), they do the same stuff as NSF and have risen 5 FOLD from the low 15p to 76p. NSF has a long long way to go.

[ny boy] 13/5/2020 09:57

My City mates, only just got up after another bender last night, too much money, too many vices, too many women but they are hot on stocks & algo currency trading.

[knowing] 13/5/2020 09:46

Added on this dip. You can see this want's higher. Flush out those penny traders and onwards we shall go. Just had a blinder on MTC and expecting the same if not more here.