What’s your big gamble? (Volume 2)
Discussion
Meeten-5dulx said:
500 Miles said:
Topped up Syme and Alpha Group as well this morning, must be in a gambling mood..
Alpha Growth Plc?Been in them since end of May and they have been under water pretty much since then.
Coming back to a level where I bought them so any increase from here would be great.
RPS & EQTEC also in the same boat (except I'm showing green on them).
They should be looking better today? Up 25%.
MikeStroud said:
vulture1 said:
You are covered up to 85k anyway same as any bank.
Just curious on this. Does the £85k apply only to the cash you have in your T212 account rather than the total of cash+shares? You can request from T212 actual share certificates and I would "assume" that even if T212 went t1ts up the underlying shares belong to whoever bought them not T212? Is that how it works?It'll be a major pain having to have multiple platforms to keep under the limit in each.
Does anyone know how it works?
I’ve got some shares with my bank and that’s how they explained it.
ALawson said:
petemurphy said:
Is capita rns good or not only had quick look but mentions a sale?
Deepverge rns too of course I had both yesterday ffs
What's the software worth? Deepverge rns too of course I had both yesterday ffs
My guess is that it could go up well over 15%. I think sale prices will be in the hundreds of £M’s range which will help significantly reduce debt.
MikeStroud said:
This post really captured my imagination.
GPH seems to be betting big on AMGO to come good to change his life. Same reason people do the lottery, albeit with AMGO odds are 90:10 in his favour imo as opposed to 14m:1 against for the lottery.
It's why I'm in SYME as that's the only one that may change my life financially. AMGO I hope will give me finance to have lots of fun and all the rest simply to pay my tax bill, daughters' weddings and one day, I hope, the Aston Martin.
Good luck GPH, hope it happens for you and the risk pays off in your favour.
Well said - all the best GPH! GPH seems to be betting big on AMGO to come good to change his life. Same reason people do the lottery, albeit with AMGO odds are 90:10 in his favour imo as opposed to 14m:1 against for the lottery.
It's why I'm in SYME as that's the only one that may change my life financially. AMGO I hope will give me finance to have lots of fun and all the rest simply to pay my tax bill, daughters' weddings and one day, I hope, the Aston Martin.
Good luck GPH, hope it happens for you and the risk pays off in your favour.
petemurphy said:
500 Miles said:
Doesn’t say - this could be massive, although as we’ve seen before anything could happen to the sp.
My guess is that it could go up well over 15%. I think sale prices will be in the hundreds of £M’s range which will help significantly reduce debt.
Where’s my 15%!My guess is that it could go up well over 15%. I think sale prices will be in the hundreds of £M’s range which will help significantly reduce debt.
I broke the cardinal rule and almost doubled my holding first thing... when the shares were about 5 or 7% up... that worked out well... I’m confident that once a price is given then the shares will re-rate.. probably.. who knows.. there isn’t too much correlation between good news and the shareprice..
vulture1 said:
Have we talked about BWNG here. The offer of more shares at 57p 11 for every 18 held. Thing is the sp is way above having rallied (I assume) on the fact half the high street has just imploded.
500 miles I know you are still in on them thoughts?
I’ve looked at it a few times but it’s only really made sense after today’s spike, will make a call nearer the time depending on where the sp is. 500 miles I know you are still in on them thoughts?
Rights issues haven’t usually worked out in my favour ... BWNG is my best performing gamble share percentage wise, up over 280%.. if only I’d put all my money into them....
Poisson96 said:
Think I'm going for recoup costs and move Amigo on. It's looking worse and worse in terms of claims and warnings financially
That’s interesting - I’ve been considering selling down either my Barclays or MNG and doubling my Amigo.. Barclays and MNG are up circa 70% from where I bought them and now not too far off their precovid levels.
Gaining another 10 to 20% from them isn’t too interesting. Although doubling up on Amigo would be a decent sized gamble.. I may need the wheelbarrow..
Mike - you mentioned Amigo earlier, what are your thoughts?
Who else is still in Amigo? What’s the thinking?
Edited by 500 Miles on Sunday 6th December 11:42
petemurphy said:
rms down 20% on placing worth a punt?
edited to say it was down a lot more dam missed that. bit dodgy company anyway imho
talking of which - tils prospectus just published
I managed to resist the urge on RMS... until Friday... I’m inedited to say it was down a lot more dam missed that. bit dodgy company anyway imho
talking of which - tils prospectus just published
Edited by petemurphy on Friday 18th December 11:23
JustinF said:
ferrisbueller said:
Is anyone else still in AML?
Yup ~4.5% of pf just shot from 10% up to 20.3% and I'm holding on long, we've yet to have any real world benefit from the Merc stakeholding.Merry Xmas everybody!
I hope Santa brings you all big wheel barrows so that we can continue the fun on the other side!
As others have said, thanks for helping with the sanity levels throughout these weird times we live in.
It’s been fun and I genuinely think that 2021 will see a number of our favourites recover.
Have a good one and make sure you over indulge!
I hope Santa brings you all big wheel barrows so that we can continue the fun on the other side!
As others have said, thanks for helping with the sanity levels throughout these weird times we live in.
It’s been fun and I genuinely think that 2021 will see a number of our favourites recover.
Have a good one and make sure you over indulge!
Atanasoff said:
Up over 50% on Menzies now so thanks to those that recommended it.
Good day overall although cineworld has gone negative this afternoon (still 20% up so not bothered)
Overall up 8% on what could laughably called a portfolio. Long way to go and adding to next month.
Nice one - I wish I’d kept my Menzies, doesn’t feel right not holding the UK’s favourite newsagents.. Good day overall although cineworld has gone negative this afternoon (still 20% up so not bothered)
Overall up 8% on what could laughably called a portfolio. Long way to go and adding to next month.
Meeten-5dulx said:
500 Miles said:
Atanasoff said:
Up over 50% on Menzies now so thanks to those that recommended it.
Nice one - I wish I’d kept my Menzies, doesn’t feel right not holding the UK’s favourite newsagents.. Check under the matress .....
lewisf182 said:
500 Miles said:
Atanasoff said:
Up over 50% on Menzies now so thanks to those that recommended it.
Good day overall although cineworld has gone negative this afternoon (still 20% up so not bothered)
Overall up 8% on what could laughably called a portfolio. Long way to go and adding to next month.
Nice one - I wish I’d kept my Menzies, doesn’t feel right not holding the UK’s favourite newsagents.. Good day overall although cineworld has gone negative this afternoon (still 20% up so not bothered)
Overall up 8% on what could laughably called a portfolio. Long way to go and adding to next month.
Hate how my brain works!
Adam B said:
cheeky_chops said:
Any thoughts on AMGO? Been drifiting lower (-10%) over last few weeks and the scheme of arrangements RNS hasnt helped. Thinking of dumping for PHE, wish i had last week!
I sold yesterday as I figure it’s a 50/50 bet and I had too much in it to lose. If FCA don’t agree I don’t see an end to the complaints and compensation, if they do the SP will rocket.In my experience of FCA they don’t want FS companies to go bust, and AMGO reserves go to insolvency lawyers rather than clients, so I think they will agree some other eventually though may be a costlier deal.
Not sure we will hear anything for a few months yet so SP might drift lower, I might well jump back in later. If it’s good news and I’m too late so be it
Edited by Adam B on Thursday 31st December 00:40
CaptainSlow said:
Adam B said:
Seems counter-intuitive that stock is sold to a customer yet no one records revenue other than an interest rate in the SPV, and 1% to SYME, shame SYME don’t ever explain it in any detail (at least I couldn’t find it on their website).
Assuming the factory company might do a few of these a month once it gets set up and SPV each time will be a bit of a pain. Is that a requirement?
The client will record the revenue when the stock is sold to a real customer. Assuming the factory company might do a few of these a month once it gets set up and SPV each time will be a bit of a pain. Is that a requirement?
The financing SPV is not a real customer. Even if it were to be treated as a sale, it would be a contingent sale and youd need to book a provision for returns, as the spv would always return the stock the provision would offset the sale value anyway.
As I say I could be wrong.
That's all folks...
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