Unsecured lending

[prancing_horse]

The reason for ABL in free fall is it the beginning of the unsecured lending starting to implode or a combination of bad debts coupled to poor furniture sales? Losing almost 30% in a month seems a little overdone.

[SimonPB]

it off 14% in a month .. may be the beginning of the end .. maybe not ..

[prancing_horse]

My apologies 18% not 30%

[geordie1]

I am a long term holder of this share so I see current drop as a potential buy opportunity.Others will c this as a sell signal and time to get out. I like the divs and trust they will continue. Management have been around for a while and many of them are shareholders which is another positive as far as I am concerned

[prancing_horse]

This share made me the most money on CFD's last year, I have a feeling it's going to do the same for me this year.Bought a whole lot on thursday and with yesterday mornings fall couldn't help myself, managed to buy a decent parcel at 3130, as close as dammit to the bottom. While paying just over 6% on total exposure on CFDs and with this share paying a dividend that almost covers it, I think I'm in for another good payday.Already nicely in the money.

[sponono]

with those big volumes and the price close at a day's high you should be in for a nice payday. could not buy it yesterday as I dont like to enter new positions on CFDs on Friday buy I would be in on Monday. looks like a classical range trade to me with resistance at 40