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LEND Sancus Lending Group Limited

0.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sancus Lending Group Limited LSE:LEND London Ordinary Share GB00B0CL3P62 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.50 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.40 0.60 0.50 0.444 0.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 12.31M -9.13M -0.0156 -0.32 2.92M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.50 GBX

Sancus Lending (LEND) Latest News

Sancus Lending (LEND) Discussions and Chat

Sancus Lending (LEND) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-20 13:56:100.464342.00O
2024-11-20 13:54:090.462171.00O

Sancus Lending (LEND) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Sancus Lending Daily Update
Sancus Lending Group Limited is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker LEND. The last closing price for Sancus Lending was 0.50p.
Sancus Lending currently has 584,138,346 shares in issue. The market capitalisation of Sancus Lending is £2,920,692.
Sancus Lending has a price to earnings ratio (PE ratio) of -0.32.
This morning LEND shares opened at 0.50p
Posted at 07/12/2023 07:11 by manual dexterity
Sancus Lending Group Limited Director/PDMR Shareholding (9408V)
07/12/2023 7:00am
UK Regulatory (RNS & others)

Sancus Lending (LSE:LEND)
Intraday Stock Chart

Thursday 7 December 2023

Click Here for more Sancus Lending Charts.
TIDMLEND

RNS Number : 9408V

Sancus Lending Group Limited

07 December 2023

7 December 2023

Sancus Lending Group Limited (the "Company")

Director/PDMR Shareholding

The Company announces that Rory Mepham, a Director and CEO, has purchased 1,000,000 ordinary shares in the capital of the Company ("Ordinary Shares") as follows:


Director/PDMR Ordinary Shares Price per Total Holding % of the Company's
Acquired Ordinary following issued share capital
Share (pence) Purchase now held
---------------- --------------- --------------- ----------------------
Rory Mepham 500,000 0.54 1,500,000 0.25%
--------------- ---------------- --------------- --------------- ----------------------
Rory Mepham 500,000 0.55 2,000,000 0.34%
--------------- ---------------- --------------- --------------- ----------------------
Posted at 08/7/2023 15:37 by applied1
Can anyone give me some insight on this share,is it worth a punt ?
Posted at 13/6/2023 10:55 by peterbill
13 June 2023

Sancus Lending Group Limited

Director/PDMR Shareholding

The Company announces that Rory Mepham, a Director and CEO, has purchased 1,000,000 ordinary shares in the capital of the Company ("Ordinary Shares") as follows:
Posted at 13/6/2023 09:18 by peapod1
City Slicker (@Ria2874) tweeted at 9:47 am on Tue, Jun 13, 2023:Thank you for your and traders insight into BoE raise rates coming. Are you able to do technical charting and analysis on #lend It has broken past 50 day and 100 day moving averages and the CEO has bought today and seemed primed for a massive reversal and breakout.(https://twitter.com/Ria2874/status/1668540653788176384?t=4j3RTJ7vkOFkAvBW7mXoRA&s=03) 
Posted at 25/10/2022 16:11 by peterbill
Proposed ZDP Continuation and Tender Offer, Bond Issue and Warrant Issue, Exercise of Existing Warrants

More dilution ... !!
Posted at 17/3/2022 10:53 by peterbill
Trading Update


Sancus today announces an update on trading in the financial year to 31 December 2021.

Based on its unaudited financial results for the year, Sancus is expected to generate revenue of approximately £9.0m for FY21 (FY20: £10.9m), slightly below prior expectations. The Group expects to record a net operating loss for FY21 of approximately £10.3m (FY20: loss £14.5m).



The reduction in revenue is, in part, due to a decrease in the loan book, falling 17% to £141m in FY21 (FY20: £171m) and from the knock-on impact of Covid on new loans written, delayed loan closures, and therefore reduction in associated transactional fees. The reduction in the loan book has largely been seen in the offshore jurisdictions of Jersey, Guernsey and Gibraltar that were impacted by a significant restructuring of their management teams.


Following Rory Mepham's appointment as CEO in June 2021, a detailed evaluation of the Group's loan book was completed. Particular focus was given to reviewing historic loans that were either delinquent or defaulted. As a result of this exercise, the Group expects to report an increase in credit loss provisions of £6.5m for the FY21 (FY20: £4.7m). Virtually all of the provisions made relate to legacy loans written in 2018, or prior to 2018. For all of the impacted legacy loan positions, the new senior management team have put together deliverable workout strategies and these are now underway. The seasoned property professionals within the new Sancus team will continue working hard to recover value for all participants in these positions.

more at

Dismal failure ...
Posted at 13/4/2005 19:54 by drbeat
Wonder if there are any accountants here?

Case - If I set up a limited company to own a commercial property which costs say 500k and I lend the company 200k
Can I charge the company interest on the 200k? What are the tax implications for the company and income tax ones fror me?
Posted at 29/3/2002 23:05 by charles bronson
Checking Up On Cash
In the millions of transactions made each year like those just discussed, little actual currency changes hands, nor is it necessary that it do so.

About 95 percent of all "cash" transactions in the U. S. are executed by check. Consider also that banks must only hold 10 percent of their deposits on site in cash at any given time. This means 90 percent of all deposits, though they may actually be held by the ban, are not present in the form of actual cash currency.

That leaves the banker relatively safe to "create" that so-called "loan" by writing the check or deposit slip not against actual money, but against your promise to pay it back! The cost to him is paper, ink and a few dollars of overhead for each transaction. It is "check kiting" on an enormous scale. The profits increase rapidly, year after year.

Our Own Debt is Spiraling into Infinity
In 1910 the U. S. Federal debt was only $1 billion, or $12.40 per citizen. State and local debts were practically non-existent.

By 1920, after only six years of Federal Reserve shenanigans, the Federal debt had jumped to $24 billion, or $228 per person.

In 1960 the Federal debt reached $284 billion, or $1,575 per citizen and state and local debts were mushrooming.

 In 1996 the Federal debt will pass $5 trillion and is growing exponentially.

State and local debts are increasing as fast Federal debts. However, they are too cunning to take the title to everything at once. They instead leave us with some "illusion of ownership" so you and your children will continue to work and pay the bankers more of your earnings on ever increasing debts. The "establishment" has captured our people with their debt-money system as certainly as if they had marched in with an uniformed army.

Gambling Away the American Dream
To grasp the truth that periodic withdrawal or money through interest payments will inexorably transfer all wealth in the nation to the receiver of interest, imagine yourself in a poker or dice game where everyone must buy the chips (the medium of exchange) from a "banker" who does not risk chips in the game.

He just watches the table and reaches in every hour to take 10 percent to 15 percent of all the chips on the table. As the game goes on, the amount of chips in the possession of each player will fluctuate according to his luck.

However, the total number of chips available to play the game (carry on trade and business) will decrease steadily.

As the game starts getting low on chips, some players will run out. If they want to continue to play, they must buy or borrow more chips from the "banker". The "banker" will sell (lend) them only if the player signs a "mortgage" agreeing to give the "Banker" some real property (car, home, farm, business, etc.) if he cannot make periodic payments to pay back all the chips plus some extra chips (interest). The payments must be made on time, whether he wins (makes a profit) or not.

It is easy to see that no matter how skillfully they play, eventually the "banker" will end up with all of his original chips back, and except for the very best players, the rest, if they stay in long enough, will lose to the "banker" their homes, their farms, their businesses, perhaps even their cars, watches, and the shirts off their backs!

Our real life situation is much worse than any poker game. In a poker game no one is forced into debt, and anyone can quit at any time and keep whatever he still has. But in real life, even if we borrow little ourselves from the "bankers," our local, State and Federal governments borrow billions in our name, squander it, then confiscate our earnings via taxation in order to pay off the bankers with interest.

We are forced to play the game, and none can leave except by death. We pay as long as we live, and our children pay after we die. If we cannot or refuse to pay, the government sends the police to take our property and give it to the bankers. The bankers risk nothing in the game; they just collect their percentage and "win it all." In Las Vegas, all games are rigged to pay the owner a percentage, and they rake in millions. The Federal Reserve bankers' "game" is also rigged, and it pays off in billions!

 In recent years, Bankers have added some new cards to their deck: credit cards are promoted as a convenience and a great boon to trade. Actually, they are ingenious devices from the seller and 18% interest from buyers. A real "stacked" deck!

Yes, it's political too

Democrat, Republican, and independent voters who have wondered why politicians always spend more tax money than they take in should now see the reason. When they begin to study our money system, they soon realize that these politicians are not the agents of the people but are the agents of the bankers, for whom they plan ways to place the people further in debt.

t takes only a little imagination to see that if Congress had been "creating," spending and issuing into circulation the necessary increase in the money supply, there would be no national debt. Trillions of dollars of other debts would be practically non-existent.

Since there would be no original cost of money except printing, and no continuing costs such as interest, Federal taxes would be almost nil. Money, once in circulation, would remain there and go on serving its purpose as a medium of exchange for generation after generation and century after century, with no payments to the Bankers whatsoever!
Posted at 29/3/2002 23:05 by charles bronson
You say, "This is terrible!" Yes, it is, but we have shown only part of the sordid story. Under this unholy system, those United States Bonds have now become "assets" of the banks in the Reserve System which they then use as "reserves" to "create" more "credit" to lend. Current "reserve" requirements allow them to use that $1 billion in bonds to "create" as much as $15 billion in new "credit" to lend to states, municipalities, to individuals and businesses.

Added to the original $1 billion, they could have $16 billion of "created credit" out in loans paying them interest with their only cost being $1,000 for printing the original $1 billion! Since the U.S. Congress has not issued Constitutional money since 1863 (more than 100 years), in order for the people to have money to carry on trade and commerce they are forced to borrow the "created credit" of the Monopoly bankers and pay them usury-interest!

Manipulating Stocks for Fun and Profit
In addition to almost unlimited usury, the bankers have another method of drawing vast amounts of wealth. The banks who control the money at the top are able to approve or disapprove large loans to large and successful corporations to the extent that refusal of a loan will bring about a reduction in the selling price of the corporation's stock.

After depressing the price, the bankers' agents buy large blocks of the company's stock. Then, if the bank suddenly approves a multi-million dollar loan to the company, the stock rises and is then sold for a profit. In this manner, billions of dollars are made with which to buy more stock. This practice is so refined today that the Federal Reserve Board need only announce to the newspapers an increase or decrease in their "discount rate" to send stocks soaring or crashing at their whim.

Using this method since 1913, the bankers and their agents have purchased secret or open control of almost every large corporation in America. Using this leverage, they then force the corporations to borrow huge sums from their banks so that corporate earnings are siphoned off in the form of interest to the banks. This leaves little as actual "profits" which can be paid as dividends and explains why banks can reap billions in interest from corporate loans even when stock prices are depressed. In effect, the bankers get a huge chunk of the profits, while individual stockholders are left holding the bag.

The millions of working families of America are now indebted to the few thousand banking families for twice the assessed value of the entire United States. And these Banking families obtained that debt against us for the cost of paper, ink, and bookkeeping!

The interest amount is never created
The only way new money (which is not true money, but rather credit representing a debt), goes into circulation in America is when it is borrowed from the bankers. When the State and people borrow large sums, we seem to prosper. However, the bankers "create" only the amount of the principal of each loan, never the extra amount needed to pay the interest. Therefore, the new money never equals the new debt added. The amounts needed to pay the interest on loans is not "created," and therefore does not exist!

Under this system, where new debt always exceeds new money no matter how much or how little is borrowed, the total debt increasingly outstrips the amount of money available to pay the debt. The people can never, ever get out of debt!

The following example will show the viciousness of this interest-debt system via its "built in" shortage of money.

The Tyranny of Compound Interest
When a citizen goes to a banker to borrow $60,000 to purchase a home or a farm, the bank clerk has the borrower agree to pay back the loan plus interest. At 14% interest for 30 years, the borrower must agree to pay $710.92 per month for a total of $255,931.20.

The clerk then requires the citizen to assign to the banker the right of ownership of the property if the borrower does not make the required payments. The bank clerk then gives the borrower a $60,000 check or a $60,000 deposit slip, crediting the borrower's checking account with $60,000.

The borrower then writes checks to the builder, subcontractors, etc. who in turn write checks. $60,000 of new "checkbook" money is thereby added to the "money in circulation."

However, this is the fatal flaw in the system: the only new money created and put into circulation is the amount of the loan, $60,000. The money to pay the interest is NOT created, and therefore was NOT added to "money in circulation."

Even so, this borrower (and those who follow him in ownership of the property) must earn and take out of circulation $255,931, almost $200,000 more than he put in circulation when he borrowed the original $60,000! (This interest cheats all families out of nicer homes. It is not that they cannot afford them; it is because the bankers' interest forces them to pay for 4 homes to get one!)

Every new loan puts the same process in operation. Each borrower adds a small sum to the total money supply when he borrows, but the payments on the loan (because of interest) then deduct a much larger sum from the total money supply.

There is therefore no way all debtors can pay off the money lenders. As they pay the principle and interest, the money in circulation disappears. All they can do is struggle against each other, borrowing more and more from the money lenders each generation. The money lenders (bankers), who produce nothing of value, gradually gain a death grip on the land, buildings, and present and future earnings of the whole working population. Proverbs 22:7 has come to pass in America. "The rich ruleth over the poor, and the borrower is servant to the lender."

Small loans do the same thing

If you have not quite grasped the impact of the above, let us consider a small auto loan for 3 years at 18% interest. Step 1: Citizen borrows $5,000 and pays it into circulation (it goes to the dealer, factory, miner, etc.) and signs a note agreeing to pay the Bankers $6,500. Step 2: Citizen pays $180 per month of his earnings to the Banker. In three years, he will remove from circulation $1,500 more than he put in circulation.

Every loan of banker "created" money (credit) causes the same thing to happen. Since this has happened millions of times since 1913 (and continues today), you can see why America has gone from a prosperous, debt-free nation to a debt-ridden nation where practically every home, farm and business is paying usury-tribute to the bankers.
Posted at 29/3/2002 23:04 by charles bronson
How We Lost Control of the Federal Reserve
Instead of the Constitutional method of creating our money and putting it into circulation, we now have and entirely unconstitutional system. This has brought our country to the brink of disaster, as we shall see.

Since our money was handled both legally and illegally before 1913, we shall consider only the years following 1913, since from that year on, all of our money had been created and issued by an illegal method that will eventually destroy the United States if it is not changed. Prior to 1913, America was a prosperous, powerful, and growing nation, at peace with its neighbors and the envy of the world. But in December of 1913, Congress, with many members away for the Christmas Holidays, passed what has since been known as the Federal Reserve Act. (For the full story of how this infamous legislation was forced through our Congress, read "Conquest or Consent", by W. D. Vennard).

Omitting the burdensome details, it simply authorized the establishment of a Federal Reserve Corporation, run by a Board of Directors (The Federal Reserve Board). The act divided the United States into 12 Federal Reserve "Districts."

This simple, but terrible, law completely removed from Congress the right to "create" money or to have any control over its "creation", and gave that function to The Federal Reserve Corporation. It was accompanied by the appropriate fanfare. The propaganda claimed that this would "remove money from politics" (they did not say "and therefore from the people's control")and prevent "boom and bust" economic activity from hurting our citizens.

The people were not told then, and most still do not know today, that the Federal Reserve Corporation is a private corporation controlled by bankers and therefore is operated for the financial gain of the bankers over the people rather than for the good of the people. The word "Federal" was used only to deceive the people.

More Disastrous than Pearl Harbor

Since that "day of infamy", more disastrous to us than Pearl Harbor, the small group of "privileged" people who lend us "our" money have accrued to themselves all of the profits of printing our money -- and more! Since 1913 they have "created" tens of billions of dollars in money and credit, which, as their own personal property, they can lend to our government and our people at interest (usury).

"The rich get richer and the poor get poorer" had become the secret policy of the Federal government. An example of the process of "creation" and its conversion to peoples "debt" will aid our understanding.

Billions in Interest Owed to Private Banks
We shall start with the need for money. The Federal Government, having spent more than it has taken from its citizens in taxes, needs, for the sake of illustration, $1,000,000,000. Since it does not have the money, and Congress has given away its authority to "create" it, the Government must go to the "creators" for the $1 billion.

But, the Federal Reserve, a private corporation, does not just give its money away! The Bankers are willing to deliver $1,000,000,000 in money or credit to the Federal Government in exchange for the government's agreement to pay it back -- with interest. So Congress authorizes the Treasury Department to print $1,000,000,000 in U.S. Bonds, which are then delivered to the Federal Reserve Bankers.

The Federal Reserve then pays the cost of printing the $1 billion (about $1,000) and makes the exchange. The government then uses the money to pay its obligations. What are the results of this fantastic transaction? Well, $1 billion in government bills are paid all right, but the Government has now indebted the people to the bankers for $1 billion on which the people must pay interest!

Tens of thousands of such transactions have taken place since 1913 so that in 1996, the U.S. Government is indebted to the Bankers for more than $5,000,000,000,000 (trillion). Most of the income taxes that we pay as individuals now goes straight into the hands of the bankers, just to pay off the interest alone, with no hope of ever paying off the principle. Our children will be forced into servitude.

But wait! There's more!
Sancus Lending share price data is direct from the London Stock Exchange