Amigo Share Discussion Threads

[truant2tb1] 28/11/2022 18:42

The rights issue will be at around 1.5 to 1.2pI hope you've got the Vaseline ready

[1choip] 25/11/2022 09:44

Expect a fund raising news soon.

[cottlet] 22/11/2022 15:49

Market cap of £3 million? that is minute..... lots of houses in london are worth more than that.....
my criteria for lowest market cap in which to invest is £50 million......

[harithakur] 18/11/2022 13:06

You mean £3500 at 35%

[blackhorse23] 15/11/2022 08:17

Amigo needs fund raising but MCL doesn't require fund raising. MCL mcap 3m but Loan book & liquidity 140m , it's win win buy

[coiboyroy] 10/11/2022 16:59

Here he is

[blackhorse23] 10/11/2022 15:23

Bought MCL , excellent opportunity , new management in

[brocksford] 08/11/2022 13:00

Can’t you at least be a little bit more inventive?

[1choip] 08/11/2022 12:09

Ready to pop like cine?

[chinese investor] 04/11/2022 09:49

.....that's £1,000 each !

A typical customer borrows £10,000 from us !
As a result they pay us an annual interest of £2,500.

[chinese investor] 03/11/2022 12:58

40,000 Customers !
£40,000,000 to be Raised !

No problem !

[1choip] 25/10/2022 10:14

Ready to pop? it seems super undervalued considering NAV and last results.

[1choip] 21/10/2022 08:18

as stated on rns, 40m to be raised in may 2023. i have no worry on dilution.

[blackhorse23] 16/10/2022 11:05

19/1 is massive dilution ?

[chinese investor] 14/10/2022 14:25

It'll be adjusted !

[brocksford] 14/10/2022 13:32

CI, how have they? It is still a condition of the SoA

[nicola_w] 14/10/2022 13:19

That's my concern purchase and wondered ifnthats why Gary left. However the fact they shpukd be able to lend again at 350m in next few years still makes this valuable share :)

[chinese investor] 14/10/2022 13:17

Things have moved on from the 19/1 !

[purchaseatthetop] 14/10/2022 13:15

Be careful. The RNS states debt will be raised ontop of that £40m equity. They also say marketing will have started to IIs and potential investors. We will see the BoD and their City mates getting huge numbers at 0.5p and the BoD getting millions of options at 2.5p as incentives. Existing PIs will be diluted to hell. Just my view of course.

[nicola_w] 14/10/2022 12:46

Well it's been known to happen. Think ince? did a hugely discounted placing recently. They need to keep the big boys happy for future funding. I think amigo bas great poten5ial, been in for a while just concerned whether Gary left because he knew he had done what was needed so went back to enjoy retirement, or whether he foresaw negative impact coming and getting out now. Hoping the former. Either way, I believe this will be about 15p within next 3 year's so happy to hold. Just would rather not have such drama. I tell you one this, this share is not boring!

[brocksford] 14/10/2022 12:31

But surely not at a 95% discount, why would a business do that?

[nicola_w] 14/10/2022 12:19

My concern is that they will give ii a discount that us normal shareholders can't have...