S & U Share Discussion Threads

[pugugly] 28/9/2021 07:20

As ususal very good results and even brighter skies ahead

"S&U is robustly back on track and driving forward to our usual standard of profitable, sustainable growth."

" "As the old saying goes, the finest steel goes through the hottest fire. The Covid induced tribulations of the past year have seen S&U emerge more profitable, more competitive and more attuned to our customers ' needs . Add to that the buoyant markets in which we operate, our strongest ever financial base and our loyal and committed workforce, and prospects for the future are bright indeed."

[jeffian] 10/8/2021 11:08

Yes, cracking update, with the usual bit of Coombs straight-talking!

"Despite recent inconsistency and incoherence in the Government's path out of Covid lockdown...."

[pugugly] 10/8/2021 07:44

What a pleasure as usual to read the trading update
Ahead on all metrics and profits ahead of expectation

"ahead of expectations in terms of profitability, collections and book debt quality"

[jeffian] 30/7/2021 16:41

I keep reading that the secondhand car market is on fire at the moment, with the value of used cars actually rising as a result of demand. I wonder if this will be reflected in SUS figures? Their TU on 20 May said that Advantage was already "ahead of expectations", so the prospects look good.

[rogash] 16/6/2021 14:08

correct cw my apologies

[cwa1] 16/6/2021 07:46

Actually tomorrow, 17/6/21, for XD

[rogash] 16/6/2021 07:38

ex divi Friday 43p

[pride23s] 06/5/2021 19:07

the investor meet was superb...

[jeffian] 30/3/2021 11:31

I do like this company's approach. A clear and unvarnished presentation, no bull.

Remember there's an Investor Presentation tomorrow at 3.30pm if interested -

"Investors can sign up to Investor Meet Company for free and add to meet S&U plc via:



Investors who already follow S&U plc on the Investor Meet Company platform will automatically be invited."

[jeffian] 21/3/2021 18:37

The answer is "no", by the way. The target of the mis-selling claim is lease-finance schemes offered on new cars by dealers. S&U provide straightforward loans for used vehicles.

[jeffian] 21/3/2021 18:34

or even

8-)

[epg200] 21/3/2021 17:27

thats
www.theclaimsguide.com/car-finance-claims

[epg200] 21/3/2021 17:27

Is this kind of claim a risk for car finance providers?...
hxxps://www.theclaimsguide.com/car-finance-claims

[pugugly] 11/2/2021 07:59

GabsterX - Agreed BUT THEY ARE STILL PAYING ONE - Well done the family!

[gabsterx] 11/2/2021 07:31

Another dividend cut this morning, not fun but in line with their cautious approach to business.

[haywards26] 27/1/2021 13:53

I am sure I will be back in here in the future. Just feel there will be headwinds faced by SUS whilst the Covid-19 crisis is still causing society restrictions, leading to job losses and economic damage etc

[chrismcglone] 27/1/2021 12:39

Each to their own strategy. There’s no right or wrong in this game. I’ve changed my own often enough over the years. Good luck to all I say.

[haywards26] 25/1/2021 23:44

Pretty well. The mining companies I moved into have been rocket propelled..hot sector currently.

[saint or sinner?] 25/1/2021 14:11

So how is that working out for you Haywards26 and topvest?

The only lesson ever worth learning is that Investing beats trading and gambling hands down.

[haywards26] 30/12/2020 12:06

I did likewise topvest. I will no doubt return to SUS once we are outside of the Covid pandemic, as it is a great business and fantastically managed.

I just see better short term opportunities elsewhere currently.

[topvest] 30/12/2020 11:27

I have decided to sell my small holding, after the recent strength. Good to make a 10% profit and the dividends over a 3 year period given the impact of COVID-19. I have decided to gradually exit lenders in my portfolio, after listening to the wise words of Terry Smith. This is probably one of the highest quality niche lenders though in my view. Good luck to those that remain.

[gabsterx] 29/12/2020 17:52

Big jump today, any reason?

[jeffian] 22/12/2020 16:07

Quite a long write-up in Telegraph's Questor today. Nothing we don't already know. Conclusion: Hold.

[gabsterx] 10/12/2020 06:24

Big 35% dividend cut on the last payout.. was not expecting this but I cannot blame them for being prudent. Hope it will be compensated with later payouts next year.