Member Info for FrankyS1971

Shame. He won t be best pleased i m sure.

Well that clause exist cos GC intends selling. I don t see how the sp will move just yet as it is too liquid a stock. There needs to be a shortage of stock and it will take a good few weeks or more for IIs to absorb. Starting to think i m losing patience myself after banging on about next year etc lol

well the answer to that is because 10p is better than 3p.

NI makes me laugh! You frequently use SP moves today to create your narrative about the action you allegedley already took Full of Sh'7t mate!:-) Capita didn't work out so well for starters lol

All the speculation and noise isn't wrong. Just the timing is way out, and that's the name of the game. Always invest never trade. You'll do your shirt eventually. This may bleed south and become intolerably dull for a week or two, but...it'll pop when everyone's guard is down;-))!

Can't be reffering to me. I have been holding and saying it ll take a lot longer. The II's aren't so interested in the stock short term, they want a business generating profits and paying them Divi's!!! This will clear out all the weak holders which is a good thing. Sooner they clear off the better!!

That's fine and I can understand that but don't forget the 40+ % owned by the II's and the Directors themselves all want a good ROI. There is a huge difference in opinion on how to achieve it and a big fight over that. I'm staying in as the over-riding sense I have is that Amigo has value and has been worth fighting for. At some point 20p will happen. It's not a basket case yet. I would prefer to invest in the next Novacyt but I can't see that one just yet!:-)

1. Private Investors
2. For now. He will give Jennison space but also be planning ahead. This won't be the end, just the end for now.
3. He already has rival firms effectively doing this overseas. No plans to set up in the UK whilst regulatory environment is unfavourable.
4. Glen didn't agree with the board around what good governance needed to look like. His legal background to raise a JD wasn't needed as the BOD felt this would do more harm than good. Glen believes that the business will re-lend and run into the same trouble again.
5. He will hold to see if Jennison continues to turn the business around. Glen believes the SP has room to move up, so will basically let this run for now
6. I don't know.
7. Roger Lovering is definitely off.
8. The Insitutional Investors are being canvassed to determine what to do with the CFO role and to see where else to strengthen, yes.
9. The vote is still damaging to Nayan and he is running out of lives. He is under pressure make no mistake.
10: It's always possible, but finding a buyer is very difficult until you know the extent of the claims as you don't know what you're buying. It's possible Amigo will get bought with fresh investment but a huge It Depends.

Agree. Timing is everything and things normally happen when you don't expect them and vice verca in this game. We all very often call things right but get the timing very wrong! Some of mine:
Trading in and out of William Hill at 120-140 in June/July when I'm telling everyone to buy cos it'll get bought out. It went 3 quid last week. Buying Boohoo on a dip and making 5k overnight..sold at 2.80 and its now 3.80 only 2 months later.
Buying Barrick and selling for again a small/medium gain. 6 weeks later it would have been double bubble.
etc etc etc.
Amigo thus far. JB selling is holding the price down. Its the vote which will set this alight. The new facility, now it's the comps deadline...The lesson that most won't learn is that investing never really has a timetable. You just have to hold on the principle that you believe you have value. We don't have that here until we start relending. In the meantime with no RNS or anything, Amigo will randomly go pop and double over a couple of weeks, and we'll all be scratching our heads wondering why!!! We are in super low..anything 10p or under is a great place to be. Now wait!!

Timmy Coles filtered. Just literally invents stuff. Moron

If you believe the chart stuff we're above the 180 day moving average. Any close above 10p indicates up to 22p in hand.

Feeling good about holding this one. Worst easing out of way. Slow jolty turnaround in progress but may not feel it day to day Don't forget there are some large I.I's with their clients money putting major pressure on Amigo to perform and the board will I am sure do their best. I liked JBs aggressive stance but Amigo will have to play by tight rules and slower growth going forward. My target is 50 by May/June 2021 and 20-23p by end of year. 9p still a good entry with patience. Those is at 15p circa you'll be fine.

ha there you go.. we'll see 13-14p in a couple of weeks..I also think the Board will have the odd RNS still as fall-out from this..roll on October/November.

Stop making stuff up and lying. Glen is under NDA as part of his walking for 6 months.

Of course Figgy. This will clear out the idiots IMO. Win Win here as we've all said. Nothing changes. The one route with JB losing was the volatile option, but one I personally mentally prepared for to ensure that I don't do anything stupid like sell. If I don't see 20p this year I will eat my hat!!! In an alternative universe if JB had won, the SP would have gone up to 15-16p and then 20p into next week (possibly sooner) before crashing back down from the 20p brigade. The opposite is now happening but both routes would/will lead to the same 14-16p range over the next couple of weeks.

This as I have said enough times, is a side-show bob and ultimately a win-win. Let the panicky traders go and you'll see a BOD turning a business around. This whole JB thing was not wasted at all. It has put real pressure on the existing BOD to perform. Give it a few days/weeks and the 20p will come. I always said October when the FCA deadline hits. This will be significant.
GLA and ignore the derampers. Just treat Amigo like an investment not some chance to sit at the casino table and you'll all be fine

i did say he d lose. We now have stability and a way forward hopefully. Win Win..this will steadily rise once day trader PI s give up and the LT holders are left to enjoy. This will be 30-35p by spring.

FrankyS1971

Posted in: MTRO

Posts: 931

Price: 90.80

No Opinion

RE: Being Hammered More than Other Banks12 Mar 2020 10:38
Am waiting for 50p and under. Otherwise risk isn't worth it owing to credit defaults and liquidity crisis that is coming. Lagarde has warned everyone and the US response underwhelming which makes this risk very real indeed.

Not entirely sure why you are sending out old news that is adding nothing??

You won t see any form of dividend for until 2022 likely 23.