Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
UKOG loses money hand over fist, had sales of 80k last 6mth and is somehow worth 20million?? MBO should be an easy bag from here
We have all said it, this is a great stock and given the current situation worldwide which has shifted peoples attitudes even more to electronic payments, they will either be bought out or grow their Mcap significantly. Its worth double its Mcap already once results out end of month.
How can you be negative here? The price is holding well now, despite volume that is 75% less than the 3 mth average. It’s clear this is going to go up to at 20s with the next RNS. Fact, patience will shine through. Very few sellers too. Great business model given the current situation, I’d eat my hat, shoes and pants if there turnover hasn’t gone up even before the new big contracts kick in. Someone tell me what’s not to like here????
Seems to me that the power of sentiment could turn against Amigo, unfortunately. The power of bad press and irresponsible applications may become too big of a line is not drawn quick. It appears that they are quickly falling into the PPI realms here. Where basically anyone with a pan at Amigo is going to appeal as it’s a no brainer, and the odds are stacked on their side. Major difference here is that the applicants knew the terms and interest before signing. As I have mentioned before, these people need access to loans due to nobody else willing to lend to them. Perversely they now wish to kill off their only stream of funders. It will does look like a lose lose if Amigo don’t start fighting back quick. It really is hypocrisy of the highest order that the majority of these black listed applicants now cry foul. We clearly are moving into a world where even those that manage their finances badly, or don’t realize that in order to get on in life sacrifices need to be made. Obviously there will be the minority who had to take a loan because of tragic circumstances, but without company like Amigo the majority will be lining up at the foodbank. It’s socialism gone mad.
The UT is the one above! However looks like a sell with the time Stamp and price?!
I can’t deny I really really like this business model, and strongly believe in it. These after hours buys/sells are really starting irk me. For those new, this selling in bulk has been going on for months and as the volume goes up so has the sells. It could be ii getting out but until we know who and why it’s difficult to identify this as a long term hold. Is it the loan companies or something else. CEO is saying and doing the right things but then that’s his job. We need a UK contract/partner but it can’t be denied syme has been badly affected by covid and are now making up for lost ground. The reason for significant drop in value is because the company affectively wrote off £224million!!
Exceptional costs of £224m have been written off as a result of the treatment of goodwill and the accounting for the transaction. From the annual statement. If this does not stick up a big red flag what does? Here we have a brand new company that effectively writes off its own value, leaving shareholders at this time screwed. Including those that institutions that invested, and it’s been sells ever since. Really want this to work out for everyone.
Isthisawinner clearly doesn’t pick them. He bought in here at about .18 so is clearly underwater. Unless he managed to get out this morning. Which makes it worse that he’s now intent on pushing his bile onto other investors who clearly bought in lower than he did. Posts have no facts or analysis, just total dross. Filter. I’m sold out for now with a healthy profit but GLA might get back in when a contract is announced.
Good luck as it’s not going to your 10p target!
After completing reading all the RNS this morning, it is without doubt this company is going places. The CEO has an excellent cv particularly in epayments. Turnover has increased, doubled in 2 years, and they are have started making a profit. Fintech companies usually blow money like air in the early days. The IT expenses are very high. They have added the main players as clients in their main market which is Malaysia and got rid of the loss making Bangladesh business. No placings required! Unlike every other aim company! Onwards and upwards great hold this company without doubt!
Do you include yourself in that statement PM? The reason it’s quiet is due to the derampers have wound their necks in, as it’s obvious if SYME pull this off it will be a buy buy buy stock. The directors are building something unique, it’s not the type of stock derampers can easily deramp as they clearly do not have the knowledge in this sector to comment with confidence.
Great piece from Forbes!!
https://www.google.com/amp/s/www.forbes.com/sites/forbesfinancecouncil/2020/08/03/why-inventory-financing-could-be-crucial-for-us-importers-post-crisis-recovery/amp/
Another private company that’s just been in the news, need a rto??? However I’ve noticed these r&d companies love more than anything to burn cash! 200million in 5 years.
Hi ironside.
This company is too small for anyone to be holding enough short stock to have to declare it. Clearly it doesn’t take much to increase the price as evidenced the other month. Consequently it won’t take too many share being sold back into the market to make it drop. A share like this is exactly what pi’s that short look for. Small mcap and not enough concrete news to counter the negative news they will pump in order to try to make more people sell. You have to admire the principal as it’s all about reinforcing negative perception which isn’t too difficult in a share that has performed like this previously. Why believe something is or will be good when past performance does not highlight anything else. This share is high risk but high rewards can be had. Will this share become a billion pound entity unlikely, can we make money in the meantime? Without doubt.