Member Info for Specialonek

Yuri, I like your play on numbers. You should be an accountant lol. So around 3.5% of the 450 million shares have been sold today. Around 2.5% of the 450 million have been bought today. A good proportion likely day traded. The reality is more likely that say 2.5% have been sold and around 1.5% have been bought. But let's do a Yuri and add the buy and sells together and say 6% have been picked up. Would my explanation be more in line with reality perhaps and a clearer picture???

It indicates it was at 9000 complaints potentially 8 weeks ago and then there has been a continued increase which they are unable to deal with. This could easily double or triple. Who is to say that most of the 120 million is not used to cover that? Loan book basically closed apart from Keyworkers in exceptional circumstances. 42 thousand loans not being paid. Dividend suspended. FCA issues ongoing with no guarantee a solution will be reached. Main share holder dumping nearly 5million shares daily onto the market. Share price capitulated. If 15% of the loans are paid out compensation that would be a cost of over £100 million. That is not unrealistic and would pretty much wipe out the cash they have available. JB may well know this and hence why he is dumping shares. Any good news to share??? Ps he could come back and offer 5p a share to take it private. Is there anything stopping him destroying the share price then making an offer??

475 million shares in issue. 1% of that is 4.75 million. No Idea where you keep getting 2million from. Surprise surprise despite all your misinformation and ramping the share price has took another large drop. This will continue until there is some positive news. As I said last week this could hit 5p by middle of this week. At that price I may consider a punt but so much downside at the moment and nothing positive thus far. 4.75 million shares dumped daily with again more sells than buys. GLA but I am glad to be out.

475million shares in issue for Amigo. When I went to school 1% of that would be 4.75million. Where do you get 2milliin from?? Try reading information correctly. Stop talking utter rubbish.
FOR IMMEDIATE RELEASE
Further to the recent statement made by James Benamor on social media on 4 June 2020, following clarification of Richmond Group Limited's ("Richmond") intentions, Amigo has been told by Richmond that:

(i) Richmond has placed all of its shares in Amigo with a broker, with irrevocable instructions to sell 1% of the company every trading day until Richmond's stake is reduced to zero, in the event that the current board remain in place after the upcoming general meeting on 17 June 2020 (the "General Meeting"); and

(ii) there are no circumstances in which those sell-instructions can be cancelled or amended by Richmond.

Richmond have noted that notwithstanding the irrevocable instruction to sell, Richmond is able to sell shares before the General Meeting, as the irrevocable sell instruction only applies to the shares Richmond still owns at the time of the vote.

This is a tweet from Benamor a couple of months ago.
So, we’ve had a statement by the board of Amigo, and today more from ‘sources close to’ the board.
What have they absolutely not denied?
That they paid out hundreds of millions of shareholder’s £s to customers who matched the criteria they were actively refunding on.

Prediction 4p by close next Friday.

I have not misread anything. of Trades 819
Vol Sold 14,445,872
Vol Bought 6,933,087

Investshares, only half of todays sold shares have been bought up. 14 million shares sold and 7 million bought. Share price will continue to fall unless buying volume picks up significantly or someone shows a strong intent on buying the company up. 5p is possible next week but so is 20p. Not looking great at the moment.

The best hope is that whoever was interested at 21p will now start buying up at this 10p range and continue to do so and then offer say 12p-15p a share once Richmond group are out. This was looking like a good longterm punt but not anymore.IMHO.

Those buying today will wish they had not. I imagine 5p by middle of next week without any news. I sold at a loss at 16p a share but we live and learn.

Matt Wales, my thoughts exactly. Longterm upside over next 12-18 months with a few peaks and troughs along the way. Share price 50p by end of July IMO and I do not see it ever dropping any lower once it has reached that level. £1 by end of 2020.

It is going to be a great day or two to buy as heavy selling takes place. This will be a win win for averaging down if you are a LTH. GLA

Chester, As always a very informative post and despite yourself being down financially on the share you still remain extremely positive for the future of TRX. I am also down on this but expect to be back in the blue over the next few months. Break even for me is 0.7p which I imagine will be before year end. The products are world class and can only grow from strength to strength as a business. I see this as a 5 year hold to see a good solid return. ATB longterm holder's.

Andy Cowell, the man who has overseen the production of the V6 hybrid power units that have won six consecutive double world championships for Mercedes, is to leave his role as Managing Director. Could he turn up at Aston Martin??

Milnrowmug. I guess they have a duty or care however the investor should ultimately make the decision. It did not affect me however I will be looking to move more of my trading over to AJ Bell as I sell off any shares and transfer money out of Degiro going forward.

Whatsuppa, I asked Degiro why I could not buy ant further TRX shares. This was the response. "Unfortunately, it is not possible to further increase your position in this product. This is due to an internal decision made by DEGIRO's risk department.

We apologise for any inconveniences caused by this." I believe this is due to the reduced value of the share in such a short period of time. I was wanting to average down on my Degiro account. Fortunately I managed to get a share allocation at 0.25p but had to place that in a new account with AJ Bell.

Can anyone tell me when the 60p shares are actually tradeable? I have had them in my account for over a week but not seen a dare as to when.

35.2p is my prediction.

Betright. If you Reread RNS"Richmond has placed all of its shares in Amigo with a broker, with irrevocable instructions to sell 1% of the company every trading day until Richmond's stake is reduced to zero". It states of the company as in Amigo. That will be 4.5 million shares a day. So would take 60-61 days to clear.

Ex dividend date is in around 6 weeks time I believe.