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Hillman my man you've got some balls.
I'm thinking to put in all I have as well. Currently adding to my HL account now lol
Fingers crossed hillman.
Same mate who got plumbing contract for amigo down here
It's ok my mate got the contact to replace the toilets!
Sorry exp... JB has been getting roasted on Twitter. You just have to realise he built this company and to see it where it is heart breaking. It's costing him 100m to do this so it comes at great cost but to me that says alot
Futures Blue
James - last time Leeds went down to Bournemouth we didn't behave well so for this I appologise : (
Maybe see you next year - when we are all rich : )
Bourn v Leics on now - don't tell me : )
im not ruling out any scenario, I personally dont think hes buying shares, i think him buying bonds would make some sense as they are normally paid out in full on a take over and are trading low, ive never traded bonds or know how you would track purchases but if he has been buying them up that could be interesting.
his friends might be buying shares.........
and something different - wouldnt it be ironic if he eventually put a bid in himself while he was still selling 1% a day.
Hopes of Bournemouth staying up went well today. Just news on here to be good then we are away. Glen hold 2.2m invested. Can't see him too pleased to offload at current prices...
itsagame - but he's buying back isn't he - allegedly? Now the plebs are going he wants to play again doesn't he?
I just saw this on twitter:
“ Not many remember this but on 3rd of March Glen Crawford bought £1.2m worth of #AMGO stock @ 38p, 06/03 he was appointed as a consultant to assist the company with”the strategic review &Formal Sale Process”
Last week the board puts Glen back at the helm, CEO of #AmigoHoldings
3,182,500 shares x 38p =
£1,209,350
https://www.londonstockexchange.com/news-article/AMGO/holding-s-in-company/14446283
Have 452k shares av 11p. Hope everyone here is already in the blue. Can only be moving high long term
That's up to you bud. I'm happy here with my position. Wish I was in at 5 but that's life mate
aslong as the FCA issue is resolved and the company moves forward, i actually think amigo would have a brighter future with him out of the picture completely. his actions will be preventing some of the big guns from investing while he is involved.
How much are you in for James?
I have a credit facIlity of 28.5K - should I use it on this and would I sleep at night???
Ha HA
The facts are the sells are irreversible. Would he be buying at the same time... only JB or his broker knows
https://twitter.com/JamesBenamor/status/1278242418056445952?s=09 found this one interesting too
I really wish I knew if JB could get out of this irrevokable agreement to sell. If we knew if he could then things would move!!! I wonder if he has no choice but to play his cards close to his chest for legal reasons or stock exchange rules.
H87 - 437K???? Thats what I call squeaky bum time - how do you sleep at night
Mark - 22k - not as much - but even so.....
I'm in for 3k - I ain't losing that - no way!!!!
I wish you all everything I want for myself : )
Leeds win 1-0 today - we are going up: )
https://twitter.com/JamesBenamor/status/1278240922376028162?s=09 I know it's old news but it shows what this scumbag did to the company.
Thanks itissagam/James.
Sounds to me he's trying to oust Rodger by crippling the share price, once that happens he's straight back in to make back the money he's thrown away. Question is what price will it be when that happens?
Will be keeping close eye on any news about Stephen and Roger. I'm expecting something her very soon. Existing shareholders who bought in higher here must be fuming. I know I would be. Hope it works out in long term. Don't like seeing people lose money
(If / when) the company gets past this current issue,
Consider this.
What if amigo expanded the business model and started to issue a variant of loans specifically for consolidations at say 25% to a larger range of more financially secure customers. All approved by the FCA, financed by a different bond at a lower rate due to the different customer base and lower risk. this would open up a huge market.
JB said
"Actually as it stands now I would have made more by not floating at all, and just leveraging up the company with more debt. Amigo was severely under leveraged for many years. Even now it has net assets many times larger than its market cap."
"However, our faith in Glen is very strong, and once we are sure that Stephan Wilcke and Roger Lovering have left the board, we would see a strong possibility that we will reinvest into Amigo and play a part in the turnaround."
Imo the shares are oversold and until we know the settlement costs then we can move forward
That's a fair comment cam and not unrealistic. It's quite simple if there's more sells than buys it goes down. I just think they're being snapped up on the cheap.