Member Info for itisagame

Months ago I did expect the placing at nominal, 0.1, the 0.02 is a swipe to the balls that I didn’t see coming.

At the right price it’s worth buying if you think the assets will eventually sell and return you some cash, if I could have purchased at 0.02-4 and then sold after the restructuring at a similar price I would have had a stake in the company assets up for sale as profit which could still return some value I’m time.
I expect the Placing shares will be flipped for a profit, so I expect 0.03-4 for placees to exit at some point.

it’s rubbish And a terrible deal for LTH.

By buying now you are getting a stake in a private company and a shell which can be either an expensive or profitable speculative trade.

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, announces Maria Darby-Walker will join the Board as a Non-Executive Director and Richard Price will resign as a Non-Executive director.

Maria's appointment as a Non-Executive Director is expected to be effective from 12 October 2020.

After all the noise from last weeks rns’ we Have not had a tr1 from glen or anyone else informing us that they sold. (Or purchased).

I took another few in 2.7s, if ~3p is good enough for CA to buy over 5% of the company its good enough for me on a small top up.

Once amigo have the figures for the year, for total Bull claims submitted by each cmc that they should have filtered out , Couldn’t they rake each FCA regulated cmc Over the coals through the fos for the costs accrued ?

if every cmc is FCA regulated and their Incorrect assessment and actions are costing others money why shouldn’t they be put through the ringer too? Tit for tat

If they can’t What’s the Point in the cmc being regulated?

I’m Waiting for them to be issued on 14th and 16th before I’m convinced either way.

A simple change the fos could make To solve the bull claims, charge the cmc the fee instead of amigo if it’s found to be bull, then they will only put forward factual true claims and stop wasting people’s time’s and money.

Excellent vid, thanks Gary
Look forward to the board changes and restarting lending.

Thanks :)

Got a link to the video?

“ There are undoubtably cases where we have done the wrong thing, but a significant number of the claims that we are getting are not genuine claims.”

Getting quotes 11.83p to buy £2k, NT on any more. Buy price is actually up?

Not getting the cheap buy in I expected today. 0.049 was lowest quote I had, when bid was 0.03, buy order At 0.04 left untouched

MAGA.

RMB / USD is around the same rate.

If the prices are revised to the US natural gas price then
$653m / $8.98 *$2.74 = $199m
$199 / 100 * 60 = $119.5m

$108m short of liabilities?

im just taking pot shots at guesses trying to find whats wrong, feel free to correct me anyone:)

I see
Convertible notes : $61.5m
Bonds : $117.2m
Liabilities : $49.5m
Total : $228.2m

Source: Company estimates as of year end 2018.Average gas price US$8.98/Mcf for producing blocks. USD/RMB FX Ratio of 6.8

Gas price actually at $2.74
https://oilprice.com/oil-price-charts/51

i know world wide gas prices vary but the $600m / $1.6b valuation prices are overstated by current price by 3x ?

still trying to find that which we are missing.

interesting. thanks Rukul (and Mark )

i feel im missing something, cant put my finger on it

but i think its the question of the bond ownership trail, and what happens if the GDG is sold for peanuts.

You know when something looks too good (from a mcap point of view).........

always makes me look twice when i see them use the term "stakeholders" and not "Stakeholders and shareholders".
i know technically shareholders are stakeholders but i have been bitten assuming that before, and on that example it went to bondholders only.

" expects such action to provide the Company's stakeholders with fair market returns upon the sale of GDG assets"

and maybe my new investors were the hold bondholders who i just bailed out at full price, and i have a private agreement with them to them take part in the next fund raise? :)