Member Info for itisagame

A 50p+ offer would take the FCA to just say “sorry we were wrong, you can stop paying cash out for claims and you can claim What you have paid out so far from us for misguidance”

99.9999999% sure that’s not going to happen :)

That a huge position fletch, be cautious with that’s a life changing amount of money for me and most.

Yes this has been a great opportunity but Remember there are Also plenty of other safer stocks out there aswell trading at lows And this is only worth so much. Spreading the risk is how you make money long term.

Most of us are just playing it by ear and seeing what happens, pi will have little effect on the overall price in the long term, there are too many parties involved

Risk / reward is a personal choice but if it doubles and you take your stake out you never lose.

At the bottom, two classes.

https://www.lse.co.uk/rns/ZEN/completion-of-financing-ctygxzm18vq6dmb.html

Plus he would have to either get bondholder approval or buy them out at face value.

I’ve been in so many stocks over the years with distressed sellers, this is different because It’s at 1% a day during a pandemic and it’s been a long long drag with short sellers tagging on.. and the seller is also just one of the potential future buyers of stock in the open market, but every time the selling pressure ended they all rose very significantly and I always sold out to soon, so I’m going to have to set a limit order for part of my holding when I decide what price I want to trade out at, and just let the stock do the work for me. I would love to stay for long term but i buy shares that are on their lows, I don’t tend to buy uprising stocks, besides I’m more concerned about the global outlook from October onwards I think the worst is yet to come.

I’m not basing that on anyone buying, or saying it’s worth that just Have a feeling a buying squeeze could occur in a frenzy of buying.

I dont think it’s the last time this has seen 50p.
Was only a month ago we were told we were nuts for saying it would see 20p by September.

Considering the first post was
“
set for lift off24 Aug 2020 15:47
Watch last 30 mins of trading today as it ends on a high after a bad day
Tomorrow it will ramp up as JB shares next trick up his planned attack
GL all to those who are invested and sensible enough to get in now at the new low”

I would think that we are on the same side as mystic meg here.
We are all in it and want a higher Share price, whatever party gets it to £1 first wins.

In all my years of using the LSE bb, I have never seen so many new accounts created and First post on a single share over such a short period.

Howdi and welcome the great mystic meg.

Richmond and related parties to 0.
his friend Bames Jenamore who runs Poormonds share account +10%

"Do we know for certain his Shareholder agreement actually terminates on his reduction of shares??"
we were told from the horses mouth, he can rebuy once hes below 10%, and hes keeping his options open

Its financial year Q1 not Calendar Q1, they stopped lending during this period. (apart from Key workers)

id like to think i would be able to just turn the phone off and look at it Friday next week.
But this is so consuming, much better then a daily soap atm.

"related party" yes.
for a random party to accumulate (say... PEEL?) and offload in to the market just as JB is able to rebuy stock openly......... thats fine.

Debs - was an expensive lesson for me, id rather learn from my mistakes (and the mistakes of others, they cost me nothing)

Lettuce / Plant Pot / Basketball / if it wasnt for them aswell as JB selling i wouldn't be able to be invested at the lows here :)

would be interesting if it turned out that they kitchen sinked the last ones just to **** JB off and ensure he gets less for his share sales.

i remember when listening to the last results call Nayan and Roger sounded like they were confident it was enough to cover them, but wouldnt guarantee it they also wouldnt give the actual figure for number of current claims, (as it would be impossible to see whats coming in from CMCs in the future)

infact the last funding update was August, so the results will show the facility to be at between £200-232m as of end of Quarter.
so say half way £210-£215m.

Again i was completely wrong with my predictions last time so dont take my thinking out loud as correct.

https://amigoloans.cdn.prismic.io/amigoloans/729e7b08-4425-436e-abc1-66c0f2cf75a1_Amigo+Holdings+PLC+FY2020+Results+Presentation+-+FINAL.pdf

page 21
the facility was drawn down at £232m at full year results.

The last funding update had it at £199m, so we generated £33m + the extra unrestricted cash made in the last quarter?

(im just looking at the prior documents to prepare myself for Friday, i guess it could be better then i was expecting?, i could be completely wrong, please correct me if i am )

the good news in the results is we already know the company had "unrestricted cash balance of over £135m as at 30 June 2020"
and had "with close to £145m unrestricted cash held as at 31 July 2020."
So with any luck we might have breached the £150m cash barrier As at 28/8/20