Member Info for STUART2019

Sorry this is the nail in the coffin for Metro. Such a shame and hedge funds win again. Just like Thomas Cook, here today and gone tomorrow....

What happened at 15:49? I nearly died when it flashed up but it looks like an anomaly. Some brokers seriously rip off small holders.

23-Sep-19 15:49:26 3.675 2,700 Sell* 99.22

Done! https://petition.parliament.uk/petitions/269824

Yes I think you are right about that. It'll be back in 250 in 6 months.

Big sell reported post close. That did it sadly. Not enough liquidity in Amgo.. Never has been. It won't be shorting at this current SP.

It will almost certainly be the nominal value of the shares which is EUR0.01 or 0.89p just like when Flybe went down it's nominal value was GBP0.01 and the sorry shareholders got just that - 1p. Sorry to disappoint, but this is the minimum redemption value of these shares and there is no reason why Fosun or the bond holders should pay anything more. Pass the parcel!

So did FlyBE - they got 1p in the end although it was as high as 14p leading up to the point when the sword came down. Anyone buying this stock is deluded or has money to burn. It's a case of Pass the Parcel...

It is such a welcome relief to see that the hedge funds see no value in opening short positions at these levels. This is the clearest indicator yet that the bottom has been hit and the only way is up. Just need a bit of interest now to introduce some liquidity in a positive environment and see the price go up (almost) as quickly as it went down.

Two big (total 1.3million shares) registered post-close (both Negotiated trades).

Not for a lot of people (the majority to be fair) like me who have an average buy price of £1.70! This stock should be worth £3!!

They'll be looking do dump the lot. Given that James Benamor and other insiders own about 70% between them I can honestly see them taking this private. Not good for us PIs and a shame.

It'll be back in the December review for sure. Just bought another 6800 at 74.2. Bargain

Can anybody see what the balance is on the Level2 order book?

I'll be back in a year. Hopefully back up to 170 by then? GLA

Not for their Irish business which they have just piled load of money into..

I have 12000 at average 152. The market has totally over-reacted. The conference call with Hamish and Board was OK and many of the brokers there got answers to their questions. Brexit played a part and they said things might get worse with a no-deal.

EIther way I have consistently said that this is a long term investment and I am not bothered because I know why dividend is guaranteed. If I had more money to invest I would buy more - just disappointed that I was foolish enough to have topped up yesterday and not today!

There were no big sells yesterday - that was my point. Total volume was < 100000 for the day.

Yep wait for the investor call at 9:30
Dial in: +44 20 3936 2999; Access code: 546634

Despite my negative reaction, press are reporting quite positively so far:-

Guarantor loans provider Amigo Holdings reported a sharp rise in quarterly profit

Revenue in the three months to June 30 was up 14% year-on-year to GBP71.5 million, with pretax profit up 33% to GBP22.6 million. The firm's net loan book grew 14% to GBP728.4 million.

In response to "an evolving regulatory and economic environment", Amigo said it will be prioritising new customer lending over re-lending to existing clients, while its credit policy has been "further enhanced and tightened".

"This positive action means that we are hitting the ground running ahead of what we recognise is a changing regulatory and economic landscape. By doing this, we are being proactive and pragmatic. We are focused on achieving the best customer outcomes - all with long-term returns as a key driver," said Chief Executive Hamish Paton.

Also EPS is lower than the lowest analyst prediction which is not good.