The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Luckyguy, your post is a disgrace and I have reported it. Endorsing or inciting violence towards a person is abhorrent. No exceptions.
Your quite right. It's regulation with hindsight. The FCA have been shockingly negligent and are currently doing the same with Klarna et al.
Top tip!
Screenshot her advice for when the bailiffs turn up!
She'll deny it and delete it from her website!
The irony is that when amigo ipo’d it’s lending practices were given a big thumbs up then the rules changed and it is being enforced retrospectively.
That why JB wanted a judicial review
So if it's insolvency a real mess will occur. These things can go on for years and by the time all is paid out retaining staff, insolvency fees etc what will be left in the pot? Very little to go around if anything.
It's clear from reading the Facebook Page that Amigo has been lending and re-lending to people it really shouldn't have. However, Sara seems to view all Guarantor Loans and other sub-prime loans as inherently unfair and she clearly has an agenda that may not be in the best interests of the people she is advising.
She's as wrong as those on here who are demonising the redress claimants.
The irony is that shareholders and redress creditors are probably both best served by SOA 2 with new lending. Hating one another is not constructive.
Option 1: Vote for 95% dilution
Option 2: Vote NO for 95% dilution
Option 3: Vote NO and put the ball back in FCA court; Negotiate a fair deal for agreement by shareholders or insolvency and claimants get much less.
Probably because they only see a snapshot. It’s true yes she gets some stick but dig deeper and you see the level of encouragement from her to be economic with the truth when putting in a claim. With regard to holders yes you can pull up the exuberant Porsche Rolls Royce type posters or you have the guy who has his and his wife’s isa invested in order to send kids to Uni ….
I can’t be convinced that this is right.
Mate I 100% agree amigo has been shafted here. the complaints uphold rate is crazy, and normal people are getting hit because people assume investors are the 1%.
What I’m trying to get across in this thread is what benefit I threatening / attacking someone who writes a blog. The fca cleary agrees with her on this so if they ever read this thread an attack on her is an attack on them.
Blind investor.
I get your angle ( I’ve been around here long enough to remember why your stance is what it is ) but there is no right minded person who can say what’s happening here is fair or equitable. Should loans have been given to some of these people ? No probably not. To be honest having read some of the comments on the Facebook page I doubt that many of them should be allowed to make any kind of decision in life without a suitable adult supervising them then there are also many chancers also who are just sniffing something for nothing. But when these people are revelling in kicking the shareholders they are assuming they are hurting some fat cat in a pinstripe suit at board level cigar in one hand and a brandy in the other and not some guy or gal with a few thousand shares in a sipp or the fella trying to get a few quid behind him in an isa or the woman investing while at home bringing up kids.
I wonder why shareholders are viewed so badly and court think they need to contribute more ^
Not sure if you’re being serious but just a heads up. She’s got a variety of quals related to debt / debt management. She isn’t paid for her opinion. she is well within FCA guidelines with what she’s doing.
If you want to waste more money go ahead.
It’s Sara from debt camel trying to rob you of 1/19 of your money lol
Just had a snoop on the Facebook page. Aside from screenshooting one post wonders. It also seems there are one or two who find shareholders being left out of pocket highly amusing. I’ve had a read thru lots of comments on there and … well … erm … worth 5 mins of your time to see for yourselves
Not when I sue her for my financial loss + interest
Don’t you think you’ve lost enough money already .#19/1
Well this Sara Williams seems to be pretty confident giving out free financial advice all over social media - does she realise giving financial advice without a licence is deemed illegal and carries a prison sentence?
I'm going to look into suing her - think I have enough evidence now to build a case
PS - I know your reading this ;)