Member Info for nursesteve

Nice start to the day :-) But I believe the best is yet to come. Although it may stall or retrace slightly, as the path upwards is never smooth, LTH like myself should see this continue to grow.

Looks like another good day with a blue start GLALTH’s

Seems like crumpets was right to be wary of the short term rise. :-/
Let’s hope for a sustained rise soon.

This is the most positive RNS I have seen in a company that I’m invested in.
A premium on existing share price but key to future growth in SP is access to American markets and backing of LOAC having at least $11,750,000 of net tangible assets and at least $14,600,000 in cash.

Looking at the update, loan volumes in the three months through September were up 2% increasing up to £15.09 billion, compared to the first half of the year and up 1% year-on-year. While payment deferrals fell to less than 3.5% of the retail mortgage portfolio, down from 16% in the first half. The current share price and year on year increase in the Net Asset Value also add weight to my opinion that this is a growing company and very investable. It has again grown its loan book in the third quarter, (driven by government-backed lending to small business). However obviously DYO research etc GLA LTH’s.

Just seen on bbc news testing at airport with results back in one hour for cost of £80. I think this could also open up cruise travel?
Covid-19: First UK airport coronavirus testing begins https://www.bbc.co.uk/news/business-54604100

It’s another example of that old adage about being brave when others are fearful and cautious when everyone is brave.
I’m following the one about the stock market taking money from the impatient and giving to the patient so keeping my (now) modest holding here for the long term. GLA

To be honest I’m surprised this wasn’t agreed before. The regulator is there to safeguard borrowers so this would have been an obvious action to prevent cash being diverted from compensation. This might be seen as a positive move by the new CEO who was rapidly approved by the regulator.

I’m trying to put the current share price out of my mind too. This is massively undervalued as seen by the numbers Marcus has quoted below. The capital raise and insurance business will help tide the company over until the cruise side can return. It’s only a question of time till the new normal (pre cruise testing or cure) allow the pent up demand for cruising to return.

Thanks for the posts Michaelhighbar. I already have confidence in this company and have topped up my holding here again today. Now my largest investment. GLA

Crazy price but crazy times. NAV 820.67p per share (this web site). Any other time this company would be ripe for a take over bid. Instead we get another fall in SP today.

I can dream a little longer, lol

Houndog is barking up the wrong tree. If you watch the video the new CEO says he is just about to spend two days in the complaints department and clearly is focused on sorting that out as a priority. Resending about to start and he clearly has the FCA backing.

Whoop whooop! Strange Friday for Amigo but very good to see! Belated Birthday pressie FB?

CONSTAIN I decided to reinvest elsewhere (DDDD & top up my Amigo holding).

I’ve bottled it and sold out having bought at average 106. I believe in the company but will bank my profit and look to reinvest after the rights issue. GLA. & thanks Twisty!

As always good advice. Thanks Mark for your posts.

I have a high regard for certain people on this board and that includes you Twisty. Any posts or advice I always take as carrying the usual caveats. My RR has just about doubled now and hope that all my AMIGO ‘s follow the same path! ;-)

As President Donald Trump and House Speaker Nancy Pelosi have indicated support for a smaller bill to help the airline industry specifically, even after Trump terminated talks over a larger stimulus package earlier this week. This is a great company and great recovery play for the long term. IMHO GLA

Another share that has the brakes off is RR so big thanks for the steer to that one Twisty! ;-) Let’s hope amigo starts to show the same sort of turnaround soon. GL A.