Member Info for Specialonek

I would rather see the share price recover on back of the business being ran correctly. Imagine share price £1 and 10% dividends yearly. Buying this low gives you free shares with 12 months if you hold onto them.

This could be a great roller-coaster. I hope JB stops selling now and this is the start of the strong recovery. Fight FCA on claims and get the business up and running full steam ahead. £1 is possible if CEO starts to manage the business. Pull the sales process would be a great step 1.

Kingivor. Lol. 20 bagger if you bought at 5p would be achievable I guess.

Glen left as he was unwell last year. He returned as a consultant a couple of months ago to help with the sales process.
Potential reasons why he is back as CEO.
1.He is here for the longterm potentially with a large vested interest.
2. He is here to ensure the sales process happens quicker by getting all the ducks in order.
3. JB some how involved in the background and this is step one in getting control again.
Anymore scenarios??

Degsy, I wonder if Glen has been buying up JB's 1% daily?? He knows the business well.

This will fly

Tomhuk2000, Anything over 15p I would see as a bonus. This was looking dead in the water. I will over the moon with just getting my money back to be fair.

Harold80, that large buy will be a sell of Richmond's 1% from earlier in the day when sell price was much higher. JB appears to have sold at s good point today.

What is the expectations here regarding share price etc once it is no longer suspended? I'm in at 13p average at the moment.

Parmxz, there are only 475million Amigo shares in total. Richmond group will have around 225million left to sell.

Just cashed out on RRE for a double up and this is heading for 300% rise also. That puts me back to breakeven on shares despite the huge drop earlier in the year. Onwards and upwards. Anyone have any golden eggs up their sleeves for the next one.

I expect open 14-15p without an RNS. Steady rise into 16-17p range on no news. Close above 16p. Hype and the herd may take it higher in flutters.

Johnk82, it is never a good idea to put all your eggs in one basket. Ideally no company should account for anymore than 10-15% of your portfolio. Spread your risk nothing is a given. This share looks likely to rise further but there are no guarantees in stocks and shares. How gutted would you be if Tullow jumps 50% on great news just after you sell? Anything is possible.

Surely it would have to be JB for giving us the opportunity and not rolling over at 21p. He may well make more out of this too. I would be delighted if he gets a fair value and so do we. Shall we go with 50p of is that pushing the boat out. That would value the business at around £240million. I would say a fair price especially if FCA are fought against for a judicial review.

Bigbangs, as they say you have to be in it to win it. JB's tweets where the game changer in my view. I hope he gets a decent reward from this too. He kind of pushed it down unintentionally but hopefully we see some stronger bids on the back of this. Who is to say this can not fly past the 21p previous bid. The TR1 this morning has given the company plenty of time to get itself into some kind of order and hopefully fight FCA. Hopefully push upto 30p-40p on a stronger bid or bids. That at least would be some way towards fair value.

Kpet I bet JB wished they had waiting until close. Usually been near closing.

Has anyone seen Richmond group 1% sell go through today? Had a quick look but didn't see it?
Fantastic day today. Happily now well in profit territory after making up my previous losses on Amigo.

Invest share was it you buying the 1million plus at close of was it Bigbangs. You guys love the chase. You have to be in it yo win it. :o)

RE: PI will never learn...!01 Jul 2020 17:02
I personally think it hot the bottom on 5p today. The word is out and I do think the flurry up and over 6p is just the beginning of the uptrend. Plenty will be trying to load up at open tomorrow. The cat is out the bag. IMHO it's more likely to see 7p+ range than sub 5p rang tomorrow. DYOR. GLA. Double digits incoming.
Nailed it yesterday with prediction let's see what tomorrow brings.

Invest share, I have not sold any shares since I bought back in. I will likely top up more tomorrow if opportunity arrives. If not then happy to stay below 5.4p average on my holding. This could end up anywhere between 6p-15p tomorrow IMHO. I would happy either way as 6p-8p I would but more but if not happy to see another nice jump or consolidation. Invest share I work full time and shares are just a hobby which may or may not help me retire earlier than planned. That is why you won't see me commenting much during day times but do have a look as and when I can. It has been a good day for most and long may it continue. Your predictions are starting to show some merit after a very poor 10 day period. Hopefully the vast majority of PI's will make some money here including the LTH. GLA.