Financials
ItemCurrent PeriodPrevious Period
YearN/A N/A
Period12 Months12 Months
Revenue
Earnings
Adjusted Earnings
EBITDA
Adjusted EBITDA
Statutory Profit
Adjusted Profit
Total Debt
Net Debt

Commentary History
Commentary On Amigo Holdings PLC
Title: Amigo – Richmond Are Carrying Out Their Sales Threat.
Company: AMGO - Amigo Holdings PLC
Share Price Then: 6.1p
Author: Ian Smith
Date: Mon 29 Jun 2020
Comments: Well, I got that completely wrong and even with hindsight I still don’t understand what is happening.

I had assumed that Richmond had the handful of private equity people on his side which was clearly not the case with only a trivial number of votes against the board.

Looking at the RNS announcements, 1% of shares in Amigo are being sold by Richmond Group, but it is not obvious where they are going as there are no RNS announcements of increased shareholding by whoever is buying them?

Is this still some sort of bluff, the hope being that whoever offered 20p a share is seeing the amount of the company they can buy diminishing so they need to come up with a better offer quickly? Or are Richmond convinced that the company is close to worthless so are after whatever they can get?

Clearly the number of complaints is increasing and it is hard to understand how aggressively the company will defend itself which is worrying.

Whilst the small number of private shareholders are being hammered here, they’ve lost so much they may think might as well stay in possibly down to zero. What is going on in private between the board, the Private Equity people and Richmond as so much value has been lost.
Read Count: 31


Navigation & Details
Pages


Clarification
The comments on this page are some of the thoughts that I had when considering this company and not a recommendation to take an action or to refrain from taking an action.

As you know we have no information about your circumstances, understanding of your investment goals or the level of risk that is acceptable to you. So it would be completely unreasonable to read these commentaries as recommendations.


Is This Just Pump And Dump?
I may or may not own the shares which have commentaries on this site.

Commentaries tend to be created when I look at a share and decide if it is one that I want to buy either now or when I next have an unallocated pot.


Financials
As companies often report numbers in slightly different ways there are a number of entries to cover this and as these are rough notes there will usually be empty items.

The debt columns are shown as positive values if there is any debt, all other negative values are shown within parenthesis and without a sign.


Buy A Ghost
Picture of a cat with yellow star Buy A Ghost is a light hearted source of one page ghost stories aimed at pubs and restaurants as talking points.

Print them off and put them on the tables or walls and you have an instant talking point.
Car Insurance Premiums Explained
Picture of a car Car Insurance Premiums Explained Ever wondered why your car insurance premium is what it is.

Enter your details and a range of simulated quoters will calculate the premium and show the calculation in detail?
Please note that the links shown above do not use tracking cookies or similar technology.