Member Info for Kozz

1% RNS in!!!

Morning All, happy Monday to you. What is it with all those tiny buys this morning? Spread started at 2.8 now nearing 10%!!!! Suppose MMs preparing for the 1% sale again?

It’s game - its at the bottom, in the small print menu

Each to their own, I paid into ISA for 8 years now as well as maxing out injections my SIPP so feel I’ve already built up a substantial Value and operate differently, I keep 10% cash for opportunity, after which I divide between stable, growth and risk stocks. In the risk area I figure 4/5 will fail but the one that hits home will make up for it all. Until Covid my portfolio was tracking at 12-18% pa, for 2020 I’m Hovering around 38%. If amgo hits home it’ll be 50%+ assuming no other impacts. (Which surely will be). I’ve kept this in my ISA to avoid SIPP LTA, my stability is MOSTLY in my SIPP. Not yet knowledgeable / comfortable enough to deal in shorts

P/E .5 LOL!!!!

800K more shares sold then bought today, spread now thinner again after the 1% wasn’t before.
This is rinse and repeat, daily and weekly - I predict it will go lower before going up.
A MM and day traders dream!

These are the 3 most powerful things that I see in life.
3. Knowledge
2. Wealth as it can buy knowledge and the top
1. Craziness - as no one who’s knowable or wealthy wants to take on.
Now some people have all 3... I think that’s the case with AMGO. It could go ANYWHERE.

Nickel, I reckon people are anticipating the 1% after all this has become a habit for some now!

John, Both are in micro finance - so some similarity, and looking at finance stocks outside of banks there is a a similar trend from April. Nothing more intended, AMGO has the 1% battering it on top.

Has anyone looked at comparisons with ASAI? A slow climb out of a hole since April, but completely different region. I felt Amgo has a lot more upside.

Clearly taking advantage of current price.
I can’t get a quote again, spread is also quite thin this morning

Hoping - Thanks. I missed that , was a late one
Still strange timing.

If incentives, then it’s would be RSUs which Would be a strange time to see. I doubt these are Options given falling price. I think they are straightforward buys

Morning all

I saw the director purchases last night. No smoke without fire as they say, although this is the stock market so anything can happen!

Maybe watching an x rated movie lol

No debating there is a risk, and the cost of 35M or more.

Expru I’m enjoying this more that facebook LOL!

Issue from FCA —> “Requirement relating to handling of complaints about affordability, including re-reviewing previously determined complaints which have been identified as being potentially incorrect.”

That’s cut n paste straight from the FCA, BUT I would think that there is some responsibility on the part of the guarantors. In basic terms, there are 9000 complaints, which is high but not crazy if you compare with other institutional organisations. Resolve the 9000, provide extended periods, on more favourable terms, and plug in the leaks to prevent repetition. I am certain that’s what the new CEO will focus on, and he has a great track record so.... I’m in.

Lawson... Today - Lots of theories, only one fact, the 1% RNS hit!

From a pdf on amigo website dated Jan talks about potential de-listing of the Company's shares resulting from the sell off.