Augmentum Fintech Share Discussion Threads

[aqc888] 24/2/2022 08:57

I’m beginning to think my 100p re-entry point is too high. I won’t be tempted to re-enter till 80-90p

[aqc888] 16/2/2022 07:49

From my research I’d expect a short sharp shock, with the bottom at about 3weeks after the invasion followed by a rapid rebound. Augmentum is very sensitive indeed to wider issues and has a good portfolio with plenty of cash coming from ii to increase support for existing holdings - on great terms - should a market rout take place. I’ll be looking to increase my holding on what I sold a few weeks back at 1.49, I’m expecting share price to bottom at around 100p if there is a rout due to Russia situation.

[apollocreed1] 16/2/2022 00:09

The fact that everyone expects the market to fall after an invasion makes me think that it actually won't fall. The stock market often does exactly what the majority think it won't do.

[aqc888] 15/2/2022 18:59

I remember the 17% fall in just one day 3weeks back. Augmentum does have a habit of being amongst the biggest losers on bad news days. If there is a stock market rout should Russia invade, I think it will go well below 120p, possibly below 100p

[trekker60] 15/2/2022 16:44

The latest share price fall appears to be largely down to MMs protecting their rears in case Ukraine does go bad, though - larger than usual share price spread and low sell/buy volumes.
Now just got to work out (guess?) when to get back in!

[aqc888] 15/2/2022 16:17

I think the Russians claiming to pull out is a trick. There will still be an invasion this month I predict. Augmentum down 10% since I sold a few weeks back, and suspect they will react especially badly if there is a shock.

[aqc888] 13/2/2022 18:11

I suspect the coming week will be bad for all equities, with Augmentums ‘volatility217; amongst the highest

[trekker60] 08/2/2022 11:42

[[[ So that's 132m printed pages that will quickly find its way into bins or recycling, what an absolute waste.]]]

Not to mention the electricity wasted to print all the paperwork and the fuel used by vans making the document deliveres.

So if the FT story is correct, a good example of where being more envirmentally-responsible would actually lead to reduced (rather than increased) costs.

No doubt there would be many legal issues involved in switching from paperwork to electronic communication but IMHO deinitely an general area, i.e. continuing unnecessary use of paperwork, that should be looked into sooner rather than later.

[makinbuks] 08/2/2022 09:28

That is just horrific. 120 pages straight to recycling for how many shareholders? I dread to think. I might buy Royal Mail

[aqc888] 07/2/2022 21:33

I couldn’t quite believe my eyes reading this story in the FT today. The takeover of ii is being delayed due to ‘paper shortages’. Apparently a 120pages of paper information packs, have to be sent to all their shareholders!?




Asset manager Abrdn has been forced to delay a shareholder vote on a £1.5bn transaction owing to a shortage of paper caused by international supply chain problems.

The FTSE 100 group will contact shareholders on Wednesday announcing the delay to the vote on its proposed acquisition of retail funds platform Interactive investor.

[makinbuks] 07/2/2022 12:10

Yes I also sold 2000 @ £1.69 and am sitting on my core holding of 5000 so similarly hedging bets somewhat

[trekker60] 07/2/2022 10:49

FWIW: As indicated in my last post, I sold half my AUGM holding at around £1.49 end of last week in the hope of buying them back at a lower price later. So now watch them trot back up to £1.70 over the next few weeks! Still believe they're a good, albeit slightly 'volatile' (good choice of word Makinbuks!) medium/longer term investment.

[makinbuks] 07/2/2022 08:59

"suffer" would imply to me that they are permanently damaged. I would prefer "volatile" and I agree there is every chance you will see £1.20 again this year but if they're £2 or £3 in 4 - 5 years does it matter?

[aqc888] 06/2/2022 19:18

While I think Augmentum will be a good investment in the long term, I can’t help but think in the very short term, in the next coming months, it will again suffer more greatly than the wider market. I sold them at 1.494 and hope to buy them back yet again at around 1.20

[trekker60] 03/2/2022 14:12

AQC888: Food for thought. Think I'm going to hedge my bets and sell half and hold half. I've never had much luck trying to be too clever jumping in and out of shares - all my best investments over the years have been 'buy and tuck away' - but AUGM is probably my riskiest holding at the moment so maybe play safe for now.
PS: I'm only a small private investor to whichever way I jump will have zero effect on the AUGM share price!

[aqc888] 03/2/2022 12:02

Heard an expert on the news saying how Putin would wait till after the Beijing Winter Olympics to invade, so as not to upset the Chinese... sounds a bit nuts to me, but seems a ‘logical’; scenario in this increasingly nuts world of despots. We’ll see if Meta falling 25% spooks the Nasdaq further... a lot of clouds appearing on the horizon, I’d say it’s a fairly safe bet to sell now and wait for a month for an opportunity to present itself

[aqc888] 03/2/2022 11:46

I just sold them again now from my and my kids accounts! Augmentum seem to suffer exponentially badly when markets fall. Funnily I picked some up at 60p in pandemic when they dramatically fell. Meta falling 25% today, a Russian invasion at anytime, along with interest rates going up later... I’m sure in worst case scenario I’ll be able to buy them back again at same price. But I’d say they could return to 120 again at the end of the month. I also like Frontier IP which is similar (early stage companies) the share price there seems a bit weak and I feel might fall further. But I’m going to hold out for a while and reinvest when the next opportunity presents itself in whichever Augmentum/Frontier appears as the best opportunity. I expect Frontier to similarly fall dramatically should the market panic

[trekker60] 03/2/2022 10:36

AQC888: "The sell off of ii could not have come at a better time"

Like your decision to sell AUGM in December and buy back in January! Good call - wish I'd made the same one, although I did at least top up with a few more at £1.20 to level out my original buy-in at £1.41.

Can I just pick your brains and those of anyone else with a view about what you think might come next? My assessment/feeling, FWIW, is that the current £1.50 share price is probably now about right in terms of balancing risk and potential reward ahead of, hopefully, an eventual creep back up to £1.60 and beyond if AUGM can continue to find more winners than losers and Ukraine doesn't explode.

[aqc888] 24/1/2022 20:21

Augmentum should receive funds from selling ii in Q2 2022. That would leave them with a substantial amount of cash to invest in opportunities when the wider market is backing off tech investments. The cash from ii will also ensure that existing investments augmentum have made will continue to get funding (and on better terms) in future rounds. The sell off of ii could not have come at a better time

[cordwainer] 24/1/2022 15:15

@trekker60, hopefully the market will soon realise european fintech was already less overpriced or even good value compared to across the pond and not deserving of quite the same bloodbath. Today's selling looks indiscriminate across the whole market. A taper + interest rates + tech tantrum perhaps. AUGM will find good support when more selectiveness returns. Now on 15% discount to estimated nav gives plenty of room for potential downgrades which are unlikely to happen. Imho.

[aqc888] 24/1/2022 14:41

I think it could go down to £1. I bought back half today and wouldn’t be surprised to see further losses. I think it’s more to do with Russian jitters than anything else, interest rate rises have been on cards for a while. It’s taken such a hefty loss today I suspect it’s already taken most of the battering

[martywidget] 24/1/2022 14:36

Ichimocku chart:

18 Jan 22 147.0 Strong Bear Tenkan/Kijun Cross
18 Jan 22 147.0 Strong Bear Kijun Sen Cross
18 Jan 22 147.0 Bear Kumo Breakout
10 Jan 22 152.5 Strong Bear Chikou Span Cross
20 Dec 21 150.5 Strong Bear Senkou Span Cross


free stock charts from uk.advfn.com

[trekker60] 24/1/2022 14:25

Thanks to all for your various insights/observations over the last couple of days -always useful for an amateur investor like me to hear what others think.

I bought in here in a small way at £1.41 last year just after the fund raise/open offer as a long-term hold but now wish I'd gone for a short-term punt and sold out at £1.70 ! Wise after the event (again) though.

SP still getting hammered today but guess I'll now just sit tight and wait until sentiment (hopefully) turns again at some point.

Anyone got any thoughts on where the share price bottom might be and/or when (or if!) it might start to recover? My view, FWIW, is that on sentiment/valuation grounds it must surely be at or near the bottom now - unless there's some specific bad news about something in the AUG portfolio about to come out which certain people have already got wind of?

[aqc888] 24/1/2022 14:18

I’ve taken the opportunity to buy back half the shares I sold last month today at 120p. Lot of jitters about Russia I expect are exaggerating other fears.

[cordwainer] 24/1/2022 12:02

General outlook for PE and VC maybe not so rosy as last year and with a 28% exposure* to those sectors my portfolio doesn't look so clever today. How about ..

Most PE/VC companies these days have strong balance sheets so interest rates (if any) within the investee companies don't necessarily need to follow the macro outlook ?

With most of these same PE/VC companies already showing discounts to NAV of >10% we are near to the bottom of the current rerating phase ?

Relatively cautious valuations of investee companies should avoid any colossal implosions ?

*GROW, IPO, PIN, FIPP, MERC, AUGM, CHRY