Member Info for AndyAMG

Anybody got any money yet

I've been watching this for ages and waiting for the price to become more reasonable , now they have a business to develop I've dipped my toe in with a small purchase at 362 so we will see what happens now .

managed to get 4.25 so better than 2.49 but not much i've got to stop buying these **** shows.

Well you got that right now where is the bottom ?

Well done

Https://enforcementdirectorate.gov.in/sites/default/files/latestnews/Press%20Release%20-%20Search-OPG%20Group-13.11.2024.pdf

Lots of hanky panky by the looks of it , but I'm not sure where this leaves shareholders .

I was thinking it would find support at about 600 but still dropping every day . Seems cheap but in this market it could end up anywhere , if it drops to the 400s it's got to be a buy.

I'm still wrestling with the figures but 24.6 rupees would give your 2.14 p . Anyway the EPS is roughly 4.5 times last year which was given as 1.8 p so go figure . I think I need someone with a bigger brain !

The 2.14 is the earnings per share for the last quarter in Indian Lakhs not pence , 24.46 for the year which I think is about 7p ,

maybe somebody more familiar with Indian currency could confirm.

So roughly 7p a share earnings P/E less then 2 . Go figure!

The fact that this all started two years ago and this is the first we are hearing of it is not on , so I've sold most of my shares , I'll keep a few in case it all comes good .

As you say no news as far as we know , but some chunky sells there . It's tempting to buy a few more at this price but too much experience of falling knives lately so I'll just continue to hold for now.

That makes five of my share holdings taken out on the cheap so far this year . Annoying!

Seems to be in play , another bidder in the wings? Tempting to sell in the market or maybe sell half.

This is suddenly heading up on no news that I can see , any ideas?

This is back to where it was in Dec 17 allowing for the consolidation so is this bounce the bottom or has it got further down to go ? I think battery electric vehicles are a environmental disaster in the making and hydrogen is the way forward but unfortunately the people in charge seem to be fixated on them. It could take years for the penny to drop . I'm no chartist but I would like to see it test 130 again before I put any further cash in this share.

This is the second big drop if past experience teaches me anything there may well be a third , it hasn't dropped so far yet but I think it's avoid for now . I bailed at £11.50 just before the fund raise at £12.50 so was thinking I had made a big mistake having bought more at £7.50 , I still took an overall loss . You just can't win them all!

I'm not sure if I should chuck some more cash at this or run for the exit. It does rather seem as if the new team is "kitchen sinking " everything they can so that in a couple of years there will be a big bounce in profits and no tax to pay. If they buy some shares then I will be tempted to follow suit.

Piece at the end about the replacement cost of the plant being about 6 times the market cap . Even though it's second hand that seems like a lot , but in the current market who knows .

With RTW shares heading up and if you want to be invested in the bioteck sector it seems to me to be a good time to buy more Arix ie. RTW at a nice discount or am I missing something.

I see the price has now reacted to the Indian announcement but no RNS , does anybody know why it isn't published on the LSE ?