We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well im investing the dividend back in this company with a P/E of 2.64 and a Annual div yield 21.71% with a Annual div of 10.55.
JTMacs...the article you are referring to with John Cronin's comments was the same article which formed the basis of my first (and in my view) most likely scenario which would bring euphoria to this board and leave me reflecting on the opportunity profits I have missed out on..
Bblurker/Darkfung ..thank you for your comments...my contributions are all made in good faith and in the interests of encouraging an open and balanced dialogue ..the only agenda I had for selling at 68p three days before the strategic announcement was made, was to stop the prospect of losing MY money which it did.. I am happy to acknowledge the contribution that a person called "Sloano" made on the AFDVN board about the risks posed by the FOS....why did I listen to him rather than the other board participants ? It was because he used to work for the FOS which was precisely the kind of contribution I was looking for...needless to say he was ridiculed, insulted and called a trol and a shorter but I have him to thank for avoiding the huge losses that I would have inccurred...
I join and contribute to these boards to share my opinions and to hear others...in particular I seek out those with contrarian views, indeed often the fiercest critic of the share , and rather than insult them I question them with respect on why they hold those views...my aim is to be able to justify my continued holding of the share in the light of what they have said...if I can't then I consider selling...simple as.
.I have no interest in back slapping those who keep telling themselves and others that a huge hike up in price is around the corner..that group think mentality can be dangerous..
Hey Betright who labelled me a liar. Are you actually BELTAP from the AFVDN board because he said that my analysis was a load of tosh'
My contributions are made for those who value them...if you don't agree that's fine but insulting me is like insulting your GP who tells you that you should lose weight when all you want to do is to eat more pies !!
If anyone on here thinks I should buy back at the lower price then please tell me why ? If I hadn't sold when I did then I would hold for now but I certainly wouldn't be buying any more in the light of all the uncertainty around..
Bidders will not wait for fluctuations.
They will most likely refer to the closing SP the day before the RNS (For Sale) and percentage against that SP.
The SP looks stable - and volume also stable. That may suggest the II's are not dumping or nervous - no TR-1's.
So it look like it's on pause at this price - pending further news.
Volatility soon reduced. It's if it stays that way.
GLA LTI's
DYOR
Any clues on when our mysterious buyers could appear? I guess they're hoping for further drops to put them in a more favourable negotiating position.
This is interesting - although it is from Goodbody....................
Benamor’s Richmond Group investment vehicle owns a 61% stake in Amigo, and the lender said it had been informed by Richmond that it was a “willing seller” of its holding.
Amigo said no approaches had been made, though John Cronin, an analyst at the stockbroker Goodbody, said: “Our own suspicion is that talks have taken place and there is some confidence that there is at least one buyer(s) for the business. This should smoke more out.”
IF a bidding war kicked off - well.....................
GLA
Good Luck Sir
I really hope you Triple your outlay and I get my money back :-)
If Amigo drops below 30p
I going to double up again
@Fredr
Great - thanks.
So - looks like a bidder is already in the area and a bidding war may ensue.
With 60% holding - they ARE the BoD - as they get what ever they want with those voting rights!!!!!
GLA
I joined the club
https://www.theguardian.com/money/2020/jan/27/subprime-lender-amigo-sale-complaints-fca