Member Info for FrankyS1971

No one knows the terms of rhe SOA or how it will affect shareholder value. There could be an SOA proposed with some serious carnage next week so i don t yet feel confident that the SP will do what it did last time. With a dilution and shallow growth path initially it feels like a when to jump...18-20p maybe..who knows.

No one knows the terms of rhe SOA or how it will affect shareholder value. There could be an SOA proposed with some serious carnage next week so i don t yet feel confident that the SP will do whatit did last time.

You re mistaken i never ramped. Not once. I said it was a waiting game until Autumn so shove it up yer ahole. Never did i once suggest an SP pal. And if your ego needs it i was wrong this time and you were right. Does thi belpnwith your need to feel superior?? You re very welcome.

Nobody knew anything for sure. That the hunch on a coin flip moment regarding a placement might seem all jolly validating it hindsight but it was still a guess. Whent that guess is used like a frickin pugel stick by someone holding at over a 1.00 buy in and not taking their own advice...well...its gonna make you wonder.... The way sentiment is today makes 50p seem like an impossibility but you know and i know it won t take much to shove it there and beyond..i ll decide what to hold v other investments over the days ahead personally. GLA. I won t average down that much i m certain. With Budd being dishonest we can only hope he is also lying about there being no sales and that there are some!!-)

Having read the aihl piece today. We are looking to hire a team of 8 biz dev folk to sell into europe, the bigger opportunity. This will take forever. Hire the team build up a sales pipeline contracts signed...thats like 18+ months. As for Covid Test they pretty much say that pony has left the stable but there will be some holes and cracks to ot into globally. Its anyones guess if they hit a rich vein...so this is a long term hold at best. I think its worth holding until christmas but if sales don t show signs of life they can F right off. Budd has been basically witholding information to ensure the placement for the firm to survive.

You do get the chance to also buy shares at the discounted rate so perhaps budd may prove to be an ally.

at 78p average I'll be having to hold for a full year to see a 65% hit recoup!:-) No regrets on this as am happy to hold for 2-3 years. I think they have good products and a decent platform but regrettably building a business is bumpy and long or we'd all be doing it! anyone in at a quid +..ouch:-((

Fundraise takes time so the RNS telling the market it was ahead of itself, was to clearly bring the SP down to a level Peel Hunt had advised. 70-80p could be 6 months + away (and then on sales news only)

Followed this stock since buying in and out from a quid to 2 a while back and bought on the day movement in the wall closed off that part of the mine. Sold that day at about 1.75 giving some profit back but have seen it march all the way south and not been tempted. Reasons: 1. That was the second operational issue in 3-4 years and Centamin is a bit of dogsh8t mine and always has been. 2. Its no longer world-class and I don't see Newmont or Barrick coming in for it. 3. Its a single entity in a country that could easily go the way of Tanzania and Acacia so riskier than a larger miner for sure. Those reasons are primarily why its trading at such a discount. Its high risk. The market has a long memory and so to attract new investors, the GP would have to rise as I can't see why this would go up of its own accord. Its now pegged at the existing GP and there are better bets out there in this space. That said if it does go down to 75p it'd be pure madness not to buy as it looks like an attractive trade already. aka in and out before the next operational drama or a Govt change in policy. GLA!!! Can see a good 20-30% gain on this as winter Covid and market jitters start to land in Q4. Not quite tempting enough. Yet.

Jimmy - just before I filter you - you need to wake up and get real. Two major CMC's are run from Malta, both of which were set up by previous owners from high rate lenders that caused the issue in the first place. If you can't see how rotten the system is from root to branch then I'm sorry. The owners of those business mis-sold at crazy interest rates and used that money to then extract more wealth as a CMC. I'll call that malpractice even if the FCA don't want to acknowledge how broken the sub-prime model has been. My problem with you is that you have zero sympathy for Amigo or its shareholders who have had a torrid time that was created by a vacuum of leadership within the FCA who could have nipped this in the bud years ago. I am filtering you, because you say nothing new and are just a one trick pony. tutty bye bye

I like how Jimmy uses words like "misbehaviour" for CMCs and for Amigo "malpractice" lol. PS we re not looking to "avoid" liabilities but to limit them and thats quite different. infact its a legal right to do so as an altenative to insolvency and nobody getting a dime. Your very bias Jimmy and also extroadinarily dull.

Lol. Funny. DB releases a statement regarding the export licence in India. The SP rockets so much he has to release another rns saying to calm the f down to the market. Now. If i was DB i would wait next time until there is substantive news but....oh no...the dweebs want an rns daily. BUDD makes Tea after call to the States. FDA approves purchase of more ink toner to handle print volumes. Nurse seen with unknown device close to a baby s ear. Budd said updates in Autumn. Thats a few weeks off. Not long.

My observation is that everyone on here is looking for a fairly quick return by which i mean 1 month to 12 months if investing. Thats not really investing. Take a 3-5 year time horizon and you ll see multiples as the platform and products looks great. Most folk here will sell for a 20-50%gain but LT i expect a lot more in principal, if we re not already sold which is highly likely IMO. Therefore if we get 1£+ it ll have to do even though that would be a stitch up.

We ll get sold on the cheap.

I m anticipating my 10p shares to be worth 3p. Relending and a couole of quarters later sees 30p again by this time next year.

The FCA only remark that with equity in the business it can be diluted. Jennison position is that any fundraise needs to be for relending and the FCA wont discuss that until more money goes into the pot. Its been a stand-off for a long old time and it ll be intriguing to see what the outcome is. One plausible route is that we are able to fudge the numbers about and put more into the comps pot without a dilution. FCA accept a slightly better deal then allows relending which is where the raise happens. They then fine us heavily and that fine goes into the pot. We will only relend at a very low conservative level for a quarter as the fund raise i believe can take time (and money) to sort. It ll be another full year before this really starts to move but of course the SP will have enjoyed a leg up by then.

But there is nothing yet to report so all the negative or positive speculation on waifer thin noise is a waste of energy. I have only bought in recently and am not jaded and thats the difference. BUDD said news in Autumn and there s loads that could land. Risk reward and i m happy. If not and you don t think the products and framework agreements show promise then sell.

I cant beleive Budd hasnt sold anything today? Is he on drugs or holiday or what. No announcement about any sales today. This company is bankrupt. Budd should be crucified and i mean like on a cross. What was that Jaceorge?? Sorry..just trying to keep up with the dictation...

DEAR GAYEM, you re making your own narrative up. I m uninterested in reading the same post again and agani ad infinitum. I think thats a fairly balanced perspective. Not unhinged pyscho behaviour that repeats repeats repeats. Its not normal and i suspect you may be going green too. Say something new or don t bother.

I have just filtered polly the parrot. I was turning into that guy from Indiana Jones and the last crusade..you know..the one who drinks out of the wrong chalice.....thats what Jaceorge manages to do to people:-))