Bonkers Bargains: up strongly but still a great recovery play
The share price of this specialist finance provider has bounced off lows, but it still looks ridiculously good value. With cash collection improved, arrears meaningfully lower and increased funding in place, this Bonkers Bargain looks set to move meaningfully higher. The latest corporate update also confirms what we suspected previously, that this business is recovering much faster than originally anticipated.
Time Finance (LON:TIME formerly 1pm) is an AIM listed finance company lending to small UK businesses through a variety of business loans, lease, hire purchase, vehicle and invoice finance.
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