Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Frankly, no need for fundraising or financing. The company has £136 in cash and made £21m per month during Corona period. JB said they have access to £500m therefore he didn’t want to take them to court. 2019/2030 dividend was 9.3p , the company is in a comfortable financial position to pay for compensations & to keep the business running. I feel optimistic about the CEO’s return and I believe JB has something to do with it.
The Company's liquidity remains strong. Amigo has sufficient financial headroom and cash on its balance sheet to continue to fund operations and support its customers during this challenging time. Amigo had a cash balance of over £136 million as at 30 June 2020.
Well i stuck 20k ,+ 10k in at circa 11p. Now feels very binary. Lose the lot or see it recover with a decent return. Probably a mistake on my part as i can t help think that they will end up fund raising or refinancing or wiping out us shReholders to recover and grow business on the cheap..dunno..only thing is they seem to have 100m + and 35m in bad deals with a good wedge on top. Even doubled privisions there would be plenty for ops to continue. Time will tell.
Morning Swazers - my new firend : ) - Jack Charlton dying last night has dropped me to the floor so as I am truely invested in AMGO and am not a ramper but just a plain simple punter who has put what he can afford to lose in to this potentially brilliant share - give me something to hold on to and cheer me up - Charlton, Cherry and Hunter - Legends true!!!
The system, as in "the markets" requires losers and winners. It can not operate any other way. "Liquidity" is the engine of how volatility is achieved. Volatility is vital because a stagnant market is no good for anyone. T.A or technical analysis can "predict" the moves that the dealers(MM) will play prior to them playing them. "Hitching a ride" with the big boys is THE only way to achieve success in this game. My charts show what the dealers may have in store.
Cheers expru2000 I work on results. I have some prime stocks charted out for next week. I think I have figured where Amigo will go to before it bounces. @SwazersC twitter. I think it's at a different level then most may think?
swazers - sometimes people F up and some people can't accept they are at fault and need someone to blame.
Hang in there mate - you are giving good facts - everyone seems to respect what you say : )
Cheers by the way if anyone else comes over to my twitter to abuse me I will block & report them. It is not my fault they may be in a loss on any stocks. I do not offer financial advice. If the abuse continues I will seek legal recourse. Cheers dudes.
H - Your nackered cos you gave so much of your valuable time to Senator last night : )
Yorkshire tea and a blue sky up here for brekky - PLEASE let it be a good day
I asked that Mark - I'm a virgo solooking at patterns is my thing : )
Guys, accounts should be out soon, how do you expect them to look like and what affect this can have on the SP ? Any thoughts please ?
Also someone last night asked about the previous Friday open and close that on that link also
Well this will perk you up the out of hours trading price looks like a bounce may be on!
https://www.sharesmagazine.co.uk/shares/share/AMGO
Good Morning
@Swazers
Early morning nice to see positive thinking
Very good for our health lol
gl
Results likely to be out in next 8-10 days and this will rocket IMO. Results expected to be much better than what derampers are spouting on here.
Definitely a lot of interest for the company currently accumulating another £15-20 Million every month.
Only 6 months ago in Feb the company stated:
"Amigo has received indications of interest from several parties. Interested parties have entered into non-disclosure agreements with the Company and discussions are ongoing."
Hillman swazers has been more accurate than most here.
Please tell
I think I have the bounce figured. @SwazersC