Member Info for GosiaS

Sassou re-elected with majority of 88%of voters supporting him.

https://www.aljazeera.com/news/2021/3/23/congo-republics-sassou-re-elected-with-88-of-the-vote

Trading Update please?

That would be great. £6b would give us around 0.32p for circa 18.5b shares

Well, I make him a smart person and ExpatBrat when it comes to VLS ;-P

Rookie, I am a big fan of natural medicine and making our bodies strong enough to fight whatever Mother Nature (or humans ) throw at us. That's the only way out of any viral infections - building own immunity and strong body through good food, clean water, exercise on fresh air and good mental health :-)

And when I say own shares, I mean VLS shares or any shares for that matter?

ExpatBrat, as of curiosity - do you own any shares and hence you are voicing your concerns with others? Or it is simply entertainment for you to post in this BB?

Looking at volume and value sold vs bought today, the bought is way higher. So why the closing price is lower than opening? What am I missing?

Oh dear, with EU already complaining that UK took all of it, these batches are likely to arrive for the autumn lockdown

Sounds like a good plan!

Maybe AC is being overconfident or maybe is trying to get things going before major lockdown hits Congo due to Covid-19 South African strain hitting country leadership?

Stevo, I think they will hold to the shares and wait for a rise that suits them. Then if no prospect of the dividends or other incomes/benefits, they will be flogging shares on the market in small batches. None of them is unwise to dump those to market and overflow it. The share price would collapse completely and that would lead to trading suspension at least.

I think it will go way below 20p - we are for a sharp decline in price before 26th March. As mentioned there are 3 key drivers supporting this:
1. the lower the price, the bigger Chrysoar % in the group
2. the lower the price, the lower a value of the non-voting deffered share - hence a lower risk for the group at the end, when they buy these of LTH for a price of £0,0001 for the whole pack (yeap, roberry) and the new group shares would never reach the price of PMO on a last trading day.
3. a perfect opportunity for those on short to make money if the price share for combined group won't reach at least 20p on a first day of new trading.

There is also a strange tendency across whole market - it seems the new announcement of the third lockdown due to African new strain that is not botherred by vaccinations and then vaccinations themselves going south due to insufficient number of vaccines procurred. To be honest that last one is beyond me - UK bought so much of those vaccines we could vaccinate ourselves several times. What happen to those?

The buying time is coming! Below £10! Yay!

"The firm, founded by self-confessed former petty criminal James Benamor" - seriously??? Is he out in the prison serving a sentence for his crimes? Any criminal court convictions on his account? What kind of rubbish PR is that? There is one to be a unrully and troublesome youth and there is another thing to be a petty criminal.
Whilst I agree with what the article says about potential ending era for sustainable lending to less fortunate, I do not agree with negativity that comes with such statement.
Also, today's AMIGO is not the same AMIGO that was a year ago under a horrid board that fought JB every time he was pointing the issues. Today's AMIGO is back under professional management, that is experienced and understands both lending market and legal responsibility towards its customers.
If the court decision and FCA will lead to finish AMIGO and similar lenders, then obviously there is something very wrong with this country - we will be pushing more and more people into poverty and generating an income for crime organisations that are not regulated by FCA. Think PROHIBITION, think Al Capone. All thanks to stupid decisions that fuelled mafia's and future drug dealling. As a nation and country - do we really want to go that way and force people into borrowing from criminals and hence fuelling their activities? I don't think so.

Looks like AC got a taste for easy borrowing and easy spending. This is no good unless these shares are used for exchange for funding form other parties. ZEN should be sustainable by now to pay for the new investments.

There are still plenty of others... This election is likes a beauty contest. And with his dying breath he asked people to oppose the current president - almost like last wish. Let's hope new strain of covid will not add to delay.

Looks like another 5 days before we know results of round 1. Plus lots of controversy surrounding voting: web blackout, no observers, army on the streets. It's not pretty if you ask me. If this is his last election (and looking at his age, it is more likely) it may not go peacefully as planned.

https://www.aljazeera.com/news/2021/3/21/polls-open-in-congo-as-main-opposition-party-boycotts-election

Let's hope a new Combined Group evaluation will be strong enough and attractive enough to get the share price growing fast to recover a potential devaluation against existing PMO share price.
As the new group is healthier than PMO itself and the current PMO price rise is mostly on a back of merger sentiment, I am going to continue holding these shares. It's to late anyway for me to sell them now. So all or nothing, but I expect some surprises at the beginning. Hopefully these will be a pleasant ones as not many oil giants with a strong book of business has share price below £0.26