Member Info for LTHcine

Weston-s-Mare Cineworld - Rammed!

Hexam, respectfully I think you are wrong, it does make sense. Seeing as they need 300m, and it would attract institutional investment. 19/1 will put off any serious investors as too make shares is bad for business. PI's now have majority of the shares and if II's want any meaningful stake/voting rights they will have to pay a premium now. A 2/1 raise in a year after new lending is proven will be a lot less harmful to PI's who cant afford to take part in the raise as there is still a chance in the future they will make their money back.. if you are already down 80% and then are diluted a further 95% there is no hope.

The judge said come up with a fair scheme for all stakeholders, the FCA Tom Smith QC was the one who suggested to wipe out shareholders .. a fairer scheme would maybe be a 2/1 dilution at 30p+.. so we atleast have a chance to recover from our
current 60 - 85% losses

Can believe Gary even suggested a 95% dilution to save a ltd company that is insolvent, maybe just buying time because its quite ridiculous! To then be limited to £35m lending until RI takes place.. no thanks!!!

Leave the UK in the dust for FCA and gov to allow loansharks to prosper..

Okay so after listening to the results etc and knowing there is nothing left in the amigo loans ltd company, can anyone explain the benefits of trying to save that company? If we have to raise money wouldnt it be better to wind down amigo loans and fund the new Vanir company? Or is there justification for paying £15m to simply save that LTD company and be restricted for the next year and a half to only £35m.. can we not raise for Vanir and just get out of the UK lending sector for a bit until FCA have their own house in order?

Any views on either side welcomed, but im struggling to see how its worth having to buy 19/1 or be severely diluted after already being this far down?

I cant even look

Il hold but too much working against it now, put em in the bottom drawer and hope to break even by 2025/2026

If they delay the results again its a massive red flag, wouldnt touch this share with a barge pole now

30p would value amigo at £2.85bn because its minimum 19/1 dilution.. im shytting myself

claimants are smart enough to vote for the scheme in the first instance, but the FCA are adamant that they are financially illiterate. I wonder if they will vote against the schemes this time seeing as the scheme options are essentially the same sword of damocles. Feels like they have been hoping for a worse outcome for everybody. There are multiple ways this SOA fails now..

1) If claimants are actually financially illiterate and vote against both the scheme options
2) If the scheme gets sanctioned , still have to worry about FCA fine sending AmigoLoans LTD into wind down anyway so pointless going to court
3) PI Shareholders will never vote for 95% dilution (PI's hold all the shares as the big boys all fooked off) so again no point in going to court.. should have just shut it down ages ago

Cant believe we all been strung out to dry but its game over

deffo wouldnt wanna be stuck holding this through the weekend

Not going to be vanir nice, infact going to be brutal, think its best if i switch off till May.

Just saw this on twitter, should bulk up the books before results :) well played MoOky :)

Lot of people on here wanna bash this stock.. surely if it was bad everyone would be jumping on it? So take it its a good thing

Bit late for 2021 to be the year? ;) Maybe 2022-2023 :)

Anyone able to shed some light on why its now using BATS dark pool?

Gunna need to get some gold out the ground or some other concrete news to move this.. proper unloved at the moment

How anyone can say amigo shareholder have been living it up is beyond me.. what a ridiculous thing to say. Clearly not been paying attention, shareholders have been dikced at every turn..

Trading212 manage to lending out shares to shorters without it ever showing.. they have currently lent out 77% of the shares they have control of.. somewhere around 20m shares