Member Info for NorthernExplorer

Richard. Are you serious ?

I’m sure there will be a last minute scramble before the 13th

That’s it. It’s basically a case of if it gets approval it will easily multibag. If it doesn’t this isn’t worth a bean. Decent gamble in my books.

Lol. It’s the way this company is run. It’s such a mess. It takes a lot of delving to get the real value. Motif needs to rise 150% before this is worth any more than it’s 1.6. Once it rises 150% we are probably worth our current 1.6p. After that it’s a leveraged rise relative to motif.

This is also based on Motif Four bagging. Worth a gamble.

All or nothing. This could multi bag. Or if in the unlikely event it’s not approved. It would pretty much be finished. As all their debt is secured with Motif shares.

If somebody were to pay that price what would AMP be worth ?

Yes. Very possible. It’s a good way to get a leveraged deal on motif. I’ve got everything crossed.

Flightman. Motif needs to double in value before we are worth a penny in AMP. We are currently worth with all investments around negative £7million. If Motif doubles in value we will break even. But if Motif multiplies this is a good leveraged buy. It’s all down to the results due next week on Motif. Looks likely to be approved. In the unlikely event it’s not. Well. Even at Motifs current value we are negative £7m. If it’s not approved that would be even bigger negative.

It’s current NAV shakey is around negative £7million. That’s including every investment.

Shaker. I had valued the other holdings at the same value the company had given them in its last report. And who the f.uck are you calling stupid

IanB Yes that figure is about on the mark If Motif share price roughly doubles to around 80p that clears out AMPS debt and makes us worth zero . But any increase above that and you have a good leveraged increase here, if MOTIF trebles its price then we start to make multiples. I'm sure they will get approval, if not this is pretty much worth nothing due to its huge debt

Just wait until the 13th this could be many multiples

They have all of MOTIF shares held as security against their loans, remember they owe in loans many multiples of their share price, you need to look at the accounts and RNSs. Until MOTIF hits around 80p mark this is worth nothing - well less than that. BUT its worth a gamble because if MOTIF multiplies many times which it could. This would multiply by a greater leverage

That's right Its all hanging on MOTIF next week, but quite rightly as you say the other investments are valued at around £2m, but with debt our value is last stated on RNS 6 months back as total fund value of negative £6m. If MOTIF were to say triple or more it would multiply AMP many times

Ive bought this as a leveraged deal with MOTIF as I believe MOTIF will multibag hopefully if they get the results next week. Obviously AMP have loans/debt of many multiples of their mcap. But once MOTIF more than doubles we start to be worth positive figures, we are currently worth at todays valuation negative £6m but that could easily turn around

With AMPs debt isn't their NAV around NEGATIVE £6m and they hold £10 m of MOTIF, SO IF motif doubles AMPS holding in MOTIF will be worth £20m so our NAV would increase to £4m or around 2p a share

Its all down to waiting for Motif next week now. Get in now before them rise. If Motif doubles in value it wipes out negative NAV. If Motif triples in value from todays 40p to 120p AMP would be worth around 3p a share. Motif could be huge with the right results next week

Thanks...he seems well up on it

It looks that if Motif doubles after results this could be worth around 4 times or so its current price. Motif could multibag and this be worth even more. Seems like a good leveraged deal. Obviously if Motif doesn't get the go ahead this is back to negative assets. Worth a gamble