Amigo Share Discussion Threads

[sbb1x] 05/10/2020 22:21

Currently the bod can literally take out 1m shares for just over 100k per day. Not only would share price rise but it would also help against a low ball offer coming in.The shares are currently peanuts.Right I'm gonna have a few guess on Gary's email lol

[amaretto1] 05/10/2020 22:21

If they take it in to the 8s ...just watch ! :-)

[samsung2020] 05/10/2020 22:19

Agreed with you and SBB1.I wasn't planning to add to my holding, happy to sit tight and watch the upwards journey commence.Night chaps

[amaretto1] 05/10/2020 22:16

No chance ... HL hold largest by a country mile on PI investment in AMIGO ...And that's approx 50 million shares.So some big hitter is holding vast stock amount ...And he's buying not selling !

[samsung2020] 05/10/2020 22:13

You do raise a very valid point which for me still remain, who really did buy all of JB stock, was it really all consumed by PI's, just dont add up...

[sbb1x] 05/10/2020 22:13

The company paid down 29 million pounds in debt , we got the rns last Monday thats 6p per share and we are sitting at 9.75p but The real reason we are sitting at 9.75p is because 290 million shares were dumped into the market and alot of private investors are like bloody gold fish and they can't hold for more than a couple of days.Only thing needed here is patience for maximum reward of more bags than versace

[amaretto1] 05/10/2020 22:10

The thing is, there's not a large amount of stock about...They are or some one is capping the share price ...Watched it all day ..

[samsung2020] 05/10/2020 22:09

For starters it would be nice to see Nayan stick his short hand his is big pocket and buy a decent chunk.... :) cant see him buying though.

[samsung2020] 05/10/2020 22:08

All valid points, fun continues...

[sbb1x] 05/10/2020 22:07

I get your point.Are these directors realy gonna sell down here at 9p when the company is worth 50p per share. They would have to be a bunch of mugs if they did.Let's see if we get more directors buying tomorrow.We need a couple of big guns buying up some excess stock.

[amaretto1] 05/10/2020 22:06

Let's face it ... u could borrow 100 squids .. and spend it on knicker + bras :-)

[amaretto1] 05/10/2020 22:04

I've got a feeling you could be right ! Amigo loans is a UK house hold name .. A real add on to any business ....Even Boohoo could attach it to there platform .. would be a good move imo.

[marmar80] 05/10/2020 22:00

I feel we woll see a low ball takeober offer around 20p which BoD will recommend to accept

[amaretto1] 05/10/2020 22:00

i honestly don't want them to share buy back...I'd rather they preserved cash, and lent it out at 40 percent !

[amaretto1] 05/10/2020 21:57

Well i voted for him....I'd like to know who's bought his stake .. or who's the large buyer in the background....Last week ... esp the 1 million plus UT followed by large late trades At nearer 11 pence than 10 All i do know, it's priced to go bust..And I'm pretty certain, it won't ..Lots of guarantor capital tied up in house price rises, This environment is playing straight in to the hands of AmigoAnd Metro bank agrees !!!

[sbb1x] 05/10/2020 21:56

When you look at cash in bank and book value the share price should be 50p.More than 400 % upside from where we are.The bod could take out 10% of company shares for 6m pounds. Lets see if they will do it in October why it is very quiet! And shares are rock bottom.

[samsung2020] 05/10/2020 21:46

Agreed fully but its the noise and drama which JB creates that market doesnt like to see...

[samsung2020] 05/10/2020 21:45

I think we are both on the same thinking, lol. JB is playing games still, those tweets do not help. I was JB fan for sure and totally thought him and Glen together would see the glory days back at Amigo, he had his chance it didnt happen but now i want him to move aside and let the current bod get on with managing the business. His tweets down help the sp, i think tomorrow it will drop below 9 due to this saga...

[amaretto1] 05/10/2020 21:41

i agree... it's nothing ...

[kirk 6] 05/10/2020 21:38

We are talking a maximum of only 8m shares here guys. And that's even if they are sold. Hardly worth even reading that rns

[trad3m3] 05/10/2020 21:35

https://www.dailymotion.com/video/x6hcym5

[amaretto1] 05/10/2020 21:32

Thing is .. they are not large amounts .. bar 1 ....But nothing compared to JB daily sells ...over the weeks.I'm convinced they have a buyer lined up..Wasn't it JB that scuttled the last offer , now the path is open. i listened to the Metro bank AGM.. interesting they mentioned there desire to expand further in this loan market sector .. and this was after buying rate setter....Now u look at Amigo....It's exactly what they are looking for.Odviously if every thing gets cleared up.

[samsung2020] 05/10/2020 21:24

Shame i didnt copy n paste it...Basically that the bod are paying themselves for the way votes went, he say it is criminal they not even trying to hide what they doing now all for them and not the business or shareholders....A number of the tweeter followers didnt like his comments which why i suspect he has just deleted it

[amaretto1] 05/10/2020 21:11

What's he said ? He's deleted it