What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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Ridealong

542 posts

70 months

Thursday 13th May 2021
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How is it that ARB UK is down and ARBKF (US version) is up, also the same with COINsilium UK down and CINGF (US version) up but not today, shouldn't they track each other?

Meeten-5dulx

2,575 posts

56 months

Thursday 13th May 2021
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Meeten-5dulx said:
lewisf182 said:
JontyR said:
Amigo RNS said:
Creditors meeting.

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, provides an update on the Scheme of Arrangement (the 'Scheme') of ALL Scheme Ltd ('SchemeCo') announced on 25 January 2021, following the completion of the Creditors Meeting held on 12 May 2021.

Amigo is pleased to announce that, of the creditors who chose to vote, 95.09% by number representing 95.72% by value, voted in favour of the Scheme. In total, the Company has received 74,877 votes in favour of the Scheme and 3,863 votes against the Scheme, with values of £230,744,046 in favour and £10,319,764 against.

The Scheme requires more than 50% of all creditors who vote to vote in favour, and the total value of their claims to represent at least 75% of the value of the claims of all creditors who vote. In order to become effective, the Scheme requires sanction by the Court. The Court hearing to sanction the Scheme of Arrangement is listed to be held on 19 May 2021.
So if it wasnt for the ruddy FCA this would be quite a simple transition to sorting out the fiasco and moving back into trading again.

Hopefully as has been mooted that the FCA dont want ultimate blood just want to temper the amount of money made by the directors. Which I guess is ultimately good for the shareholders too
Must say, on the back of that it looks like it should be a sure thing especially so if it wasn't for the FCA sticking their nose in and disruption it. The drop yesterday is looking like a missed buying opportunity now.
Added more yesterday.
Didn’t manage to get in on the sub 20p price that was available but below current level.

Helps making up for the substantial kick in the nut sack that HEMO is delivering each day...

Also added more ALGW yesterday. Should have waited for today....
Sometimes you just gotto be lucky!!!
Tried to get some more this morning when it went 6p offered, but AJ Bell online didn't want to play ball.

The old addage, 'When in trouble, double....'

  • Does not apply to TILS, HEMO, SYME, EME......

Aiminghigh123

2,720 posts

69 months

Friday 14th May 2021
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MikeStroud said:
ADOM in fact is DOWN over 12% today.

1st buy 28th Jan at 52c

2nd buy 10th Feb at 67c

Average = 60c

Current sp = 18c

69% down as of today!

Luckily I only put £3k in but of that I only have about £978 left.

Definitely my worst buy ever! Albeit SNG and EQT are doing their best to match ADOM !

It's what happens when you get fomo and want some EV action without doing your own DD.
Ouch!!! I have a couple of downers at the moment in the region of 40% but small amounts, up to £1k.
Don’t feel so bad now.

I Love Cake

2,941 posts

171 months

Friday 14th May 2021
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Ridealong said:
How is it that ARB UK is down and ARBKF (US version) is up, also the same with COINsilium UK down and CINGF (US version) up but not today, shouldn't they track each other?
Before UK open today, they were the same price, when you take into account the exchange rate.

It's mind numbing how they're released good news but the SP has dived. I'm currently 50pc down.

PS-
FU EUA. FU1

Insurancejon

4,055 posts

246 months

Friday 14th May 2021
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Raymond blanc and David Moore have dumped a load of NGHT share.....expecting a kick in the nuts today

Skyedriver

17,849 posts

282 months

Friday 14th May 2021
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Yesterday was cr4p
Today looks to be heading the same way.
Had a few good weeks but the last two days have been a harsh kick in the nuts.

ALawson

7,815 posts

251 months

Friday 14th May 2021
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I see TO / offer for Sanne. Looks like an offer of 830p has been turned down and SP up to 770p.

Worth getting in with a 60p delta? 770 looks like a 5yr high.

chrishumes1978

97 posts

134 months

Friday 14th May 2021
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I think IDP look really promising after reading a few posts over on other sites. Anyone think the same?

anonymous-user

54 months

Friday 14th May 2021
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ALawson said:
I see TO / offer for Sanne. Looks like an offer of 830p has been turned down and SP up to 770p.

Worth getting in with a 60p delta? 770 looks like a 5yr high.
Can’t ignore easy money like that. I’d buy if I had some spare cash.

anonymous-user

54 months

Friday 14th May 2021
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g4ry13 said:
They were up earlier, not sure what happened to make it reverse into down.

ADOM is definitely a more speculative EV play. All the EV market has been getting trashed so it's not exclusive to ADOM.
Yeah they do fluctuate up/down a lot. Maybe I should look at these for trading only.

Mr Overheads

2,439 posts

176 months

Friday 14th May 2021
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ferrisbueller said:
Blimey! I hadn't appreciated how committed you both were. I've just dipped a toe as I have to use T212 to buy and I'm still not keen on that platform.
I'll be buying more if it dips back to a dollar again.

Mr Overheads

2,439 posts

176 months

Friday 14th May 2021
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Insurancejon said:
Raymond blanc and David Moore have dumped a load of NGHT share.....expecting a kick in the nuts today
This (and SYME) are my worst FOMO purchases.

The EV/Green/Battery stuff although it's fallen I think will come good again on a LTH.

g4ry13

16,984 posts

255 months

Friday 14th May 2021
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MikeStroud said:
g4ry13 said:
They were up earlier, not sure what happened to make it reverse into down.

ADOM is definitely a more speculative EV play. All the EV market has been getting trashed so it's not exclusive to ADOM.
Yeah they do fluctuate up/down a lot. Maybe I should look at these for trading only.
Or just sit on your hands and wait for the interest to come back. At the moment it's all on a bit of a downtrend so i'm not sure if there are lots of highly lucrative trading opportunities.

I am already invested and going to just sit and watch it drop every day until it either goes to 0 or decides to take off again.

egomeister

6,700 posts

263 months

Friday 14th May 2021
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Insurancejon said:
Raymond blanc and David Moore have dumped a load of NGHT share.....expecting a kick in the nuts today
Fantastic spin in the RNS. "The placing was oversubscribed, so Blanc and Moore generously made some of their holdings available so investors wouldn't be disappointed" rofl

Shnozz

27,473 posts

271 months

Friday 14th May 2021
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egomeister said:
Fantastic spin in the RNS. "The placing was oversubscribed, so Blanc and Moore generously made some of their holdings available so investors wouldn't be disappointed" rofl
That is absolutely superb. I wonder how stupid they perceive investors to be.

But then I go on the lse forum.

egomeister

6,700 posts

263 months

Friday 14th May 2021
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Shnozz said:
egomeister said:
Fantastic spin in the RNS. "The placing was oversubscribed, so Blanc and Moore generously made some of their holdings available so investors wouldn't be disappointed" rofl
That is absolutely superb. I wonder how stupid they perceive investors to be.

But then I go on the lse forum.
I paraphrased slightly, but that was the gist of it. hehe

Milkbuttons

1,298 posts

162 months

Friday 14th May 2021
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I'm guessing there's a few of us in here with ARB and I'm sure most of us are nursing a loss rite now, any ideas on your target exit price are you holding for the medium/long term?


fido

16,796 posts

255 months

Friday 14th May 2021
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Back into RR again, for no other reason that it's in the news.

Meeten-5dulx

2,575 posts

56 months

Friday 14th May 2021
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chrishumes1978 said:
I think IDP look really promising after reading a few posts over on other sites. Anyone think the same?
Can you share some of these posts?

I'm already invested but may be tempted to add.
It seems to gravitate to 40p, so interested to see what will make it go much higher.

chrishumes1978

97 posts

134 months

Friday 14th May 2021
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Meeten-5dulx said:
chrishumes1978 said:
I think IDP look really promising after reading a few posts over on other sites. Anyone think the same?
Can you share some of these posts?

I'm already invested but may be tempted to add.
It seems to gravitate to 40p, so interested to see what will make it go much higher.
https://uk.advfn.com/stock-market/london/innovaderma-IDP/share-chat
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