Funnily one of my stop-losses sold at ten this moring.Luckily only one quarter of my shares held....The PE ,oversold etc. seem to mean nothing at this stage?....buying frenzy underway....i'm re activating the short stop-loss
100% of Finbond?s book is collected by way of advance debit orders on the Nupay system Oops, what is your contigency plan in light of the new law? Impairment will shoot through the roof. Liquidity issues, more rights issues?
Is this directed at me?....I don't see this as a long term hold ,only a trading share....As an aside,my understanding the NUPAY collected in shorter than three months is not subject to being a loan lenders law....Why i say this, these machines have given out by i think absa to doctors and vets country wide.Our local vet has one.
First i agree with Preston I feel Finbond is on shaky ground.See my comment of a couple of days ago on....popgames12.blogspot.com....The NUPAY machine is just like the debit card,master card machine as u swipe your card through it.If you cannot pay your debt in one payment ,u are allowed to pay off over three months,with interest addded of course.