Time to look forward to 7am RNS’s27 Jun 2020 14:51
When a company such as AML are doing a fundraising they’re deemed to be in a closed period, thereby can’t release any price sensitive information, which could affect the price either way.
Now the fundraising is out the way they can start releasing news, and from here on in it should be positive, how can it not be given the world was in lockdown.
Obviously lockdown doesn’t mean things return to normal quickly, but the new owners didn’t want ‘normal’ back, the lockdown has presented them opportunities to raise money quickly as investors know after ‘major falls’, the markets bounce back quickly as we ‘smell’ a chance to make money from the bounce.
Also providing that there is not another spike who could argue that anyone is much worst off at the moment, providing you haven’t lost your job of course, I have many friends who are better off at the moment due to grants, bounce back loans, business interruption loans.
I believe the government handled the health side very poorly, but took care of the nation well financially.
I also accept that money has to be paid back but show me a businessman who didn’t take advantage of any of the governments funding, and I will be dubious as to if he’s telling the truth, bbl with no set up fees, 12 repayment holiday, 2.5% interest fixed, come on.
Next week VAT is expected to be reduced to 15%.
AML in there trading statement is just on the edge of completing a £20m business interruption loan.
The pandemic may have presented the greatest opportunity in post war Britain for a remarkable bounce back
Don’t fret about the next set of results in late July, it’s all in the price, be more afraid to be sitting outside of AML shares and you wake up to a RNS announcement at 7am and at 8am the price has gapped up by 20%.
Remember investing is about now trying to get the cheapest entry point, you’ll always miss it, it’s about time, give this time and one day at 7am you’ll be able to enjoy the gap up.