RE: UMUTHI CEO - "the silence is deafening"15 Jun 2021 09:39
It is starting to look very dodgy regarding other shareholders trading accounts and i suspect that there is some bigger issues not given in the RNS. Probably under investigation at present. Hope they have good lawyers....
Lets hope the suspension relates to an M&A. Still very poor that no notification from the Company and yes, it is very disrespectful to the shareholders. Not sure if a M&A would warrant a suspension unless requested by the Company. I believe the suspension was actioned by the FCA.
Sounds correct, more so if they are directors/family trying to offload. Hope that this Company gets sorted out firmly in what they can do as i`m not sure if the Directors are playing the rules. Good for the suspension and hope that it is trading soon after the FCA lay the law down. Always a gamble for me but i want a level playing field for more than a day before i lose my stake.
Speculative bet on this one yesterday and wanted a gamble. First time i have a share suspended the next day. They have been accepted onto the LSE and must have been audited to have been approved. Obviously the erratic share price movement is the reason for suspension and it looks like this is being investigated to see what is actually going on. It may have been better if the Company was listed as a casino...Have i lost investment or will it come back from suspension next week ? Live & learn.
Just bought in this one first time. Looks to be a very well ran Company as well as top spec software diversification. Fundamentals looking good & cant see why it has been dropping so much when it has great products and contracts. Looks good for a takeover at these prices.
It is an high risk punt but " He who dares Rodney ". I think that Amigo will find an agreeable arangement with the FCA, but will involve more money as compensation. More is usually accepted and the FCA will look like they have won the case. Longer term, Amigo will raise more funding/dilution so need to bank any profits A.S.A.P. Good luck punters....
They need to be ousted if they are not up to the job. Clearly Elliot don`t think She is so need to get someone in who can deliver. Been to plenty of meeting with top Managers who are clearly acting the part and nothing changes for the better. They just move on to another Company and bluff their way there for a while.
I agree that it is not easy to manage what has gone on as nobody was aware the virus would spread like this and the medical complications it has brought. It`s easy to blame on the Gov but not realy fair and should not be used for political gains from others. We cant keep delaying normality as new mutations will always occur in a virus as it does with flu. Vaccines are the long term solution and as seen, they are working. I wonder what things would have been like when Corbyn was in power, cant say it would have been any better and probably worse given their leadship qualities at the time. Hope we never ever see a Labour leader like Him again.
Government have to be very cautious now given the bad publicity over handling the covid panademic. The facts are that herd immunity in the U.K. is very high and that there should be no more lockdowns as more people have resistance to most covid mutations. Panic is the most easily caught symptom and the Gov know this. Which mutation is next or are they going to make one up ? Getting rather tedious and sick of Gov powermongers who enjoy controlling peoples lives.
Looks like they have backed down knowing that they would face big resistance to asset stripping and breaking the Company up. They are only in to get as much as they can out and dont care about what happens after. Good to see that the Gov still have power over these large institutions.
Would have been over £ 1.50 Today Today if not for Gov announcement regarding possible delay in easing covid restrictions fully in July. Plus some profit taking from Yesterdays rise. Quite happy to hold this knowing that there will be a steady rise back Northwards.
RE: Emergency Use Authority Granted27 May 2021 12:07
RNS. Does seem strange that this news hasn`t had a positive rise. It appears that the Elliot investment is keeping it down although they have stated their intentions regarding the Company. Seems the City dosn`t believe what their real intentions are and cant see any real rise in S.P. short term. Great Company and cant see the British Government wanting to see it taken apart without having a say.
At least it hasn`t continued the drop for now. Grencore will adjust to market demand very quickly in that lower office worker snack sales will be offset by rising supermarket ready meals. It was pretty obvious that profits were going to be hit during the lockdowns so i can only see an upside here. Wasn`t aware until recently that they are massive in Yorkshire Puddings and are on par with Aunt Bessies. Need to get more people eating Yorkies....
Hope it dosn`t drift much lower as just bought in. Cant say the RNS results are a shock, bit like Greggs, but look at the S.P. of Greggs now. Hoping for a rise into close, but will hold for a few weeks.