Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Ha, ha. Disclose to your wife your real holding.......you mean disclose you’ve got anything invested at all! It’s a difficult sell isn’t it. I’ve put x amount into a company that’s lost 90 per cent of its value and hasn’t done any business in a year...oh and they’ve more complaints than customers!
Just a rebound in my opinion. Never saw good reason for it to drop back to sub 10. I think it will carry on rising this week. And then probably plummet next week once any news been and gone. I suspect it will then be stable until nearer vote, assuming we get one. I still think it’s a good bet. When do they start drilling again!
Well I never understood why it dropped to sub 10 - I suspect it will rise this week as there must be loads of PI’s just biding their time. It will then probably retrace on news regarding SOA. I think the SOA will be approved, my only worry would be if they don’t allow past customers to vote. Can’t imagine that will be the case but if it did happen that would be v bad
I’m less optimistic than I was last week. I think if they do get SOA over line it will come with major conditions which will hamper profitability. I hope they do as I’m now back in the red on my investment. If you’d timed investing in this correctly over last year you’d have cleaned up 5p to 16p x 3!
Well I’ve held on, hopefully more good news tomorrow in form of RNS. As for that article, if you wait until the SOA is approved before investing you’ll have missed the boat. I’m sure JP Morgan aren't just taking a punt on this like me are they?. They can’t go into a board meeting and say ‘we just think it will rise’. They’ll have scrutinised everything and come up with conclusion it’s a viable opportunity.
Set a stop loss for 15p and there’s every chance they’ll sell your shares for 13p! They won’t guarantee 15p and often when it drops quickly platform goes into freeze mode and you always seem to get worst price possible. No time for selling now, this is going to 25p soon, it has momentum.
Yeah I’m in same boat pretty much. Bought 9 months ago at 15.8p so I’m finally in profit! The way I look at it is two weeks ago I was 60% down and now I’m 5% up. I actually thought about selling up after the SOA was announced as it looked doomed although to be fair their were a few people in forum who convinced me it there was hope with the biggest factor being the £160m in cash.
Well done to all those who have stuck with it. Finally after 9 months of torture I’m back in profit, or be it only small profit. Probably like many I got to stage where I’d given up and so kept my holding as couldn’t bare to see a 60% loss. Anyway it paid off but surely this can’t go much further without major good news. Or can it?
We have been here before last August when it shot up to circa 18p from sub 10. But this feels different with director buys and II’s in on the act. Personally for me I’m still not even break even, need another penny on SP! But it’s nice to see so many doing really well. If I get to break even today I’ll be made up as thought this was going under few weeks back
Ha! Yes it’s funny that very few people admit to losing money on this thread. I bought at 15.8p last year so I’m still well down.
To top it off I work for a company whose shares have trebled in past 9 months but I didn’t invest. Yeah what a mug......but Amigo looked so tempting! Doubt I’ll ever triple my 15.8p but I’m going to hold on.
It moves so quickly I think you’d miss the boat if waited for announcements on SOA and re-lending. It will likely be a random RNS that triggers it and I’d rather be in now then try and anticipate when good news likely to hit and buy after the horse has bolted.
I think it will resume on an upward path after today. It’s only gone down with people cashing in on gains maybe expecting a greater announcement with the results. I wasn’t expecting anything with the results, pretty predictable. Would have looked a big suspect if they’d announced SOA approved and re-lending starting day after JP Morgan buy a stake
I’m with you, bought in at 16p a year ago in moment of FOMO. Will hang on now and I will only add once past 16p (if we ever get there).
I fully agree with previous posts about sticking with this for long run. It’s very difficult to day trade, especially with a 5% spread. I personally can’t see how any more bad news can come out of results update but I would never underestimate the potential for bad news to surface with Amigo...like they’ve found 10,000 complaints stuck in a cupboard
All I’d say is we’ve been here before last August. I need 15.8 to break even so will hold on. I think next week will see a rise as people get FOMO. Then it either steadies or bombs as quick as it rises! Just wishing for positive update 25th.