The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
My last trade was buy at 7.9p and sold at 9.4p so anything below 9.4p will be a result.
I will be buying results day make no mistake about it. Question is will I be paying more than 9.4p or less?
I’m prepared to roll the dice on the funding and the other issues are what I expect to give me a decent entry. This feels very similar to when I bought in the summer.
Mark...thats generally when rises happen as an observer of so very many stocks. Which is why trading in and out is not usually for me. I do understand what your logic is here though but remember the market is usually 8-12 months ahead of the daily action. As soon as Amigo remotely looks stable the bargain hunters will have this at 20p on very little.
I don’t believe very many people would buy in large amounts right this minute knowing the results are just a couple of days away. But I do believe many will derisk ahead of the results.
Long term I still think this will be ok I’m not so sure about some of the heady prices some think, but with everything behind us successfully I see no reason why it wouldn’t work it’s way back towards the year high. I just don’t see where a meaningful rise right now would come from?
Here here, hereshoping I completely agree just bs as they’ve sold, it’s a fair sized investment considering how much taxes they would be paying.
"I have ordered extra loo roll in for Thursday"
HH - treble quilted with aloe vera?
"this government is gifting people money at the moment so why would anyone want a high interest loan."
clue: "at the moment" - the ride is about to shudderstop.
PAD004 - please don't try to twist the context, expru2000 for some reasons overly confident that reports can't be manipulated, I'm merely saying - these easily can..
tradeuk - Do you seriously consider £50K "investment" by someone earning around half mil. as material one? Lol..
Nobody from BoD have significant investment here, which clearly points out on their intentions, just pick a paycheck without any accountability..
Wirecard...the corporate governance scandal of ou time. The FT covered this in detail and if you are likening Amigo as potentially being in that same camp that is quite something.
expru2000 - Re: ...which is factual - it can't be manipulated...
Have you seen reports by Nyan? Claims exposure was way off, defaults undervalued, all possible ways applied to make sure shareholders keep rosy tinted glasses on..
BTW - WireCard, NMC, and list goes on..
so I wouldn't take it for granted.
Sorry to hear that @Ex. He really is/was a clown.
As far as Gary is concerned, my advice to anyone invested is if you don’t trust him or the board he has assembled then this is perhaps not the right company for you to invest in. Personally, I trust that he will sort this : )
Tradeuk. I think it was Peter Lynch who said directors only buy for one reason, because they know they will make money! But I’m sure GJ and the others wouldn’t be adverse to picking some up cheaper still.
4tothefloor.
NMC & Debenhams could go on that list! But there are lots of examples of spectacular recovery stories as well ..... so let’s hope!
Sounds - my wife worked for a jewelry importer who supplied Ratners and because of his off the cuff remark, she got made redundant. She loved that job and was in tears when I picked her up from work to come home!!!!
Lol! Gerald Ratner. Met him a few times. Not the brightest!
Gary said this would be number 4. Trust him : )
What goes down must come up
Mary Rose
Farts in a bath
Falatio
Gerald Ratner
4tothefloor-it sounds like you are lumping Amigo in with this camp which I do not understand. Besides my plan is C. Continue buying in the near term.
Franky - the board will have a Q2 report which is factual - it can't be manipulated - so after the report is released they have to deal with the share price that reacts to the report. They have no choice. I'm sure their preference would be a cheaper price, but if the report is positive then they have to get in quick as this price won't be around for long.
It’s actually not! Directors often buy shares when results show distress in order to shore things up and show confidence. The fact that they have a good idea/confidence the funding will be sorted is just speculating.
Ummmm thats actually illegal and rather obvious to any casual fca observer.
Mark - I didn't have you down as sarcastic : )
IF the NEW BoD wanted to buy in of course they would want it cheap!!!!!! It's not being cynical - it's being logical!!! (I'm a Virgo n we are logical folks!!!)
We need another statement to shareholders from Gary - just like last time when he took over - so we all know the state of play.
Expru ... ooooooooh you cynic!
“ On the other hand, the board may want a big dip so they can buy in cheap!!!!!”
What a bombed out 5p share price followed by all the director’s buying to “show confidence” ? You’ll be suggesting next that they could see a couple of hundred percent uplift in the share price once the funding gets signed off!
I’m shocked you would even suggest such an outcome!
Sounds, Seamus and Mark - we've all had a bad day today but tomorrow is another day. All our investments are expecting news and once the news is in then I'm sure the fog will lift. I'm not as upbeat as Mr Positive - that's impossible - but in the next few weeks I'm sure things will be rosier in the garden!!!!
Topped up today too : )