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i don't think it is but it looks as though there is more short term pain here, i don't normally invest in companies so heavily indebted, NMC, thomas cook and debenhams are companies i avoided purely due to debts, it didn't matter how cheap the shares were, i wasn't interested because of the debt, this does not fall into that category thanks to the RI and i had expected a bounce on the back of the news because i felt very positive about strolls involvement also but that money will not last forever, 12 months the BOD said which by then they they hoped to be turning a profit, will that be likely? probably not, wonder how many orders will be cancelled? i will admit i have made a mistake buying here... and i know it takes time for a company to turn around that is not the issue because i can wait but i can see them issuing more debt and needing more cash going forward, an analyst at the results presentation has said that almost all of the money raised has been spent leaving AML with very little should the impact of COVID being greater than expected
i will admit this has been a very difficult one for me, there has been more buys than sells for days and the shares continue to fall, i thought the shares would move upwards as often happens now the funding issues have been dealt with, to me this was never something i intended to hold long term purely for the massive debt the company has, the money raised will get them through the next 12 months the ceo said, but the business is surely going to take a hit in the current environment just like every other business
are there any holders on here who were holding before the rights issue? i am not paying attention to the share price, because i am investing in the business behind it, they have only just raised the money, stroll has barely had time to walk in the door, factories and dealerships have been closed and investors are complaining about the price, this really is when you want to be buying and not selling because things will get much better here going forward..
i am sure not taking a loss from here and given all the news we've had i am confident of a profit, i see the 97% drop in car sales is trending on twitter, could well be the reason for the flat day today, get it out of the way and we will begin to move up
sometimes its best to ignore what the share price is doing, it doesn't always provide a true reflection of the business behind it and tends to behave erratically which it has been doing the last couple of weeks and taking advantage of that is where the money is made, i will stick by my reasons for investing and ignore the daily swings in share price, i certainly would not be jumping into any Covid stocks right now after their impressive rises, a lot of people will be stung but those of you that have taken losses here GL in the future, imagine paying £19 in the IPO
they are some of the reasons why i invested here, without the RI then i would not have invested but with them having cash, a strong order book and stroll investing here then this indeed does provide a strong foundation for the company.. ignore the people spouting rubbish and stick to your reasons
why are you posting here then? there is money to be made here at this price if you got in after the RI which i did, quarterly update due next week might be worth waiting for that if you are unsure whether or not to sell
yeah I've seen a few recently and it hasn't made much difference, i do think AML has held up well in the last couple of days despite the wider markets falling.. happy to wait but i'm hopeful there is something positive in the quarterly update to get this moving
Shell will go to 300p? Please explain the reasoning behind that because that is ridiculous
i completely agree with what you are saying, i am a big fan of shell and am currently buying but i wouldn't rule out either of those happening, i would rather have the dividend cut than have shell taking on more debt to keep paying it just because of a record that has stood since WW2