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If the market knows why isn’t it 10p LOL, people have lost life savings in this company and your saying 10p. Not for your ramping sake but for the sake of those bag holders I hope your right. But ask yourself, in the midst of a pandemic they had the greatest product and yet we’re on Amazon FFS come on get with it please
FFS…..You smoking crack, this is the time you sell shares. The company has delivered 0 profits during COVID and suddenly you think it’s gona 1bn MC
That’s true but you could also say the same about Lloyds Bank or most banks right? Ok not in 3 years but same principle as plenty of investors could have been invested at the top prior to the crash and would have been mugged off and bag holding
Suresh, I would very surprised (but hope I’m proved wrong) if FCA gave green light on lending when they are in the process of asking Amigo to remediate the previously worked complaints.
We just have to hope Amigo has handled complaints in the first instance correctly. Hopefully they have but if they haven’t then I would expect FCA would make a decision of whether complaints should be reworked and further redress awarded where for instance it hasn’t been paid.
Solid results, as I expected no real surprises, they are giving FY 21, increasing dividend, reducing debt, increasing revenues etc..... all positive in my eyes but whatever happens today, there is no reason why this won’t be trading in 500s and beyond in near term
I feel numbers will be inline with guidance, therefore any positive price action will be driven by FY 2021 guidance/forecasted growth.
Whichever way you try to pick to spin, this is a very good entry.
Anything positive IMO would give this a clear run to 510-550 range and still would be cheap for a growing tech/cyber company.
Of course there is always downside risk, however, company is stable and in a good sector.
GLA for tomorrow
Lets just hope there is one last bounce to enable LTHs to recover some losses. the destiny of this company is in the hands of a single machine
I wish that’s not the case LTH’s. I only took a small position for the ride so I’m not to fussed either way now. But FFS if a machine breaks down the company is pretty much Fuc@ked. When you make an investment please understand this. One machine should not dictate the companies future and unfortunately for this company it does. That tells you all you need to know
Please understand half of these companies in the US don’t have revenues. They have a product with huge potential. I used to question it myself but know learned to play with it not against it.
I do hope for a pull back tho as I will top up