Member Info for Beevorma

https://www.creditstrategy.co.uk/alternativelending-news/amigo-to-take-more-conservative-approach-to-lending-6187

Given Brexit was one of the outlook concerns it would be nice if a deal gave this a bit of a boost to get it over the 80p mark which it seems to keep bouncing off of.

no my average is 9p, so what's what after today's rise still two thirds down?
point made i guess!

I'm not sure where you get your optimism from, but for me being so down on an investment it's like unicorn sprinkles to a Goth. Until i see the rig there and it drilled and then into production this will be the biggest waste of money i've ever invested in

yes for me that's not here though, it's AAOG!

lucky you lot, i've only just broken even and i'm sure there's many far worse off than me after the recent drop

they pay an interim and final...

i'm sticking around for the divi, might even be a special one if results are good :)

any ideas why this is swinging up and down without any significant volumes!?

looking forward to my 13% dividend regardless of the capital growth!!

there's much truth in what Curious is saying, there is a big cash blackhole much of which is Admin expenses.
We do however also have the money coming in over the next 12 months from Riverfort etc which the report says will complete the drilling? This just means it could be much later than expected?

you know what i mean, working days and all that :-)

must be due tomorrow

isn't it 400 + the amount they just paid back too?

Hi Always, thanks for the input.
I can't think of any other threats at present, i'm of the same thinking that even with stagnant growth and increased default accruals this is still making a ton of money. They've confirmed the Divi won't change for now (and it's sustainably covered going forward) so when that gets paid in January (Interim Divi) then we should see this start to move significantly back.
It's just a hold and wait for now!

wish i had 93k to plough in

hopefully people spotting a bargain will

Anyone have a P/E prediction for the coming year given the increased impairments and flat growth? I'm thinking it's still less than 5!?

there's a lot of us in that position Ant, you still have a lot to contribute and it could have been a lot worse believe it or not so keep your chin up and keep those dark thoughts out of your head!

unfortunately i am in sxx also, still sitting on it at the moment :(