Vpc Specialty Lending In... Share Discussion Threads

[spittingbarrel] 21/2/2020 16:48

83 paid for 154,000 after hours.

[chucko1] 21/2/2020 15:39

81.90/82.40 now.

[eeza] 21/2/2020 15:13

Yes, sb, I was also going to say that some have been placed with the MM.

[cwa1] 21/2/2020 14:59

And how many could the company buy back?

[spittingbarrel] 21/2/2020 14:58

Could be some of them left with mm's judging by the price. Not likely to be all of them though.

[chucko1] 21/2/2020 14:42

At least 2 RNS's - as I would have though 16% of the company would require more than one buyer - there are not too many Invescos around (well, not after the demise of Woodford).

[chucko1] 21/2/2020 14:40

81/81.6 the market now. Likely to go higher from here - it was 82 mid yesterday and now the imbecile is out of the way.

[redhill9] 21/2/2020 14:36

Presumably we should expect imminently two RNS statements regarding holdings - one (or more) up, one down.

[cwa1] 21/2/2020 14:27

Nice spot eeza. Assuming they have gone to "friendly" hands that should help a lot!

[eeza] 21/2/2020 14:25

The trade was 52,864,228

[chucko1] 21/2/2020 14:25

Well, that would appear to answer that question in part. Exactly what we were looking for in this stock.

[chucko1] 21/2/2020 14:22

52.8mm to be precise. Trying to find out who and why.

[skyship] 21/2/2020 14:22

52.864m was the last declared holding by Invesco...

[skyship] 21/2/2020 14:20

Shoot the lights out - well spotted Eeza.

So if that is the seller gone, who took them? A gigantic buyback - would be nice though unlikely.

Clears the way for a move higher perhaps...

[eeza] 21/2/2020 14:15

52m gone thro at 79p ?

[eeza] 14/2/2020 09:50

From small acorns........

[nerja] 14/2/2020 09:43

Yep eeza skyship done me a good turn or two, so a little 2500 toe poke to start for me then.

[eeza] 14/2/2020 09:11

Lol !!

I just follow Skyship's expertise.

I added a small few NCYF yesterday, it didn't move the price.

[nerja] 14/2/2020 09:02

Eeza , right topped up 8k of Ncyf for you, please give me a brief lowdown on this, I have seen the Kepler report but would like to see your/punter view
Tia

[eeza] 13/2/2020 15:48

Another 500k thro @ 82p.

[eeza] 12/2/2020 15:50

2 x 500k trades put thro @ 82.30p at 1511hrs.

Seller still dumping.

[redhill9] 12/2/2020 12:23

Have to agree that Stifel comment is odd, or perhaps contradictory, and throws doubt on their judgement. If they needed a conference call to "better understand the risk systems" and allay their scepticism it makes you wonder how they could previously have given a positive recommendation!

Surely it would be more usual to understand the business properly first before giving a positive rating, rather than the other way round.

[chucko1] 12/2/2020 08:40

This is nonsense from Stifel. What they are really saying is that in their previous note, they had not thought to make themselves aware of the very mitigants which support (or not) their rating on this stock. What does it say about their overall method of analysis on other credit-related stocks?

Early warning, limited cure periods and harsh enforcement of collateral are as important as the quality of collateral itself in certain circumstances, although probably of lesser (but still significant) importance in the case of VPC.