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:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
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 and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. 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.
I really like Expru, he talked a lot and was well advised to make friends, sharing stocks to invest. But always remember making our own money is our good friend rather than making friends to make money.. That two different way. Imo Gla
When I saw the share price plunge into below 6p, that was my golden opportunity to add more. I like to read investors talking nonsense about the stock in turmoil and that was my aim to add more. When investors talk about how good the stock is, I am always aware and precaution of profit taking. Imo Gla
LTH, you also picked up on that ;-) He said spoke more than once of helping people improving the credit score, so that they have a chance to get accepted again by mainstream lenders aka banks. Did you e.g. know... that when you start off with a clean slate, meaning never had any debt at all, that you would not qualify for a mortgage? ;-) What the banks want to see before they even discuss mortgage with you, is that you had debt before and how you handled it. Unless... of course... my lovely children, you're lucky that your parents and grandparents (us here right now :- ) ) invested into Amigo in 2020 and 2021 :-) in which case, you'll be so filthy rich, that if the bank manager annoys you, you simply buy the bank and take great pleasure in sacking him :-)
FRanky... keep your old car. My car is Honda Civic about 20 years old. It's been well looked after, in good condition and the amount of money for repairs an services are only just beginning to pay off, as soon it'll be vintage, which will make the value go higher :-)
Pretty much spot on Mouse...there will be lots of manipulation to shake off weak holders so expect dips. I am somewhat ******ed as i hold all my share in a company fund and share account. Literally apart from 7k and the remainder of my bounce back loan everything is in 1 single stock namely Amigo-)...conventions suggests that i ought to spread my risk or derisk etc but I won t sell a single share. I m tempted to get a new car from the profits but it would be madness. Taking capital out would make a 25 k car cost 250k!!!! Hold long term ignore the noise. This will some time in the future hit a quid per share. Don t know when but it ll happen.
LTH, that doesn't include everything he said, though. GJ also talked about before and after taxes, now what does our government need right now after one year of Cov, with small business falling off the cliff, which will no longer to be able to able to pay taxes, if they fail because of the lockdowns? It would mean this: All the business owners and their staff will no longer be able to pay taxes, because they have to claim UC ;-) which in return means more of what is left in tax office will have to get paid out to them. It's a no-brainer and I'm convinced that one of new products is to help small businesses getting back on their feet after Cov. Example: Local hairdresser had to remain shut for nearly a year... to make up for the loss in income you'd have to get around 20 hair cuts per week. Do you get my drift? ;-)
Sheena, I tell you the mistake we made. I made that amount of money investing in Germany and I paid capital gains tax for that over there. My hubby was still in the army, so we had most of the funds, are I sold out over there, transferred through the bank from Germany to our UK bank, but the initial down payment for the house, we decided to take out in cash and present it to the selling mortgage company in a coffer (Goodness, we were so naive :-) ) and they raised questions and the evidence that everything was kosher, was in a removal box on a removal truck, with an ETA of three weeks later :-) CRIKEY! Were we relieved, when we opened that box lol, as we knew that sometimes they removal companies lose boxes, never to be seen again. So it's a very boring story :-) But if you buy a house cash, it does raise eyebrows.
Sheena, if you feel this fear coming up, then quickly come in here and talk about it and I mean that! Chances are that somebody in here will remember you and the people in here are super-supportive. If, however, you do feel the need to sell, then take my advice: Do NEVER sell totally out! If you do that, your weighted average price (purchase) is gone forever. Sell only off as much as it takes to break you down to a numerical/financial zero, that way you will still have oodles of shares left that will go into further profit and then still come in here and talk about it. Be ready for a friendly kick up the behind, I got a few kicks up my butt when I sold most off, but do come in here. The support in here is tremendous and highly valuable.
Sheena, if you were to buy a house cash, they'd thoroughly investigate where you got the money from. Happened to us :-) as we bought our first house with the money I made through shares in the 90s. But you can then honestly say: "You know... instead of lending from Amigo, I have decided to lend them money instead :-) and this is the result :-) "
LTH, every time I look at my portfolio, I have to pinch myself to believe it lol. I'm over 70% in Amigo and I have added Amigo to my monthly share saving scheme with £100 per month :-) I'm so totally convinced that all will be fine, because the IIs wouldn't waste their time and resources to invest on the levels they do into a company that will soon be no more. I'm sure we'll see more of them in the coming week and we'll also see more of the traders spitting out stories of Armageddon, in the hope somebody with a substantial hold will sell out, so they can feed.
Great find this video is, LTH (why am I talking like Yoda? :-) I'm only the second beer :-) ) I hope jimmy has watched this. So the camel woman is only so hot on Amigo, because they were told to stop doing PPI claims by the FCA :o) . What a revelation! Also, he talks in the video, that the IIs have left, that Amigo needs them along with RIs and they IIs now seem to flock in :-) . This whole week has made me feel emotional about Amigo and I know that no investor should get emotional about a stock, but Amigo is a different stock. Let's face it: If it wasn't for so many RIs like us, Amigo would have stood no chance of survival.
How on earth did this share get as low as this? I guess it's quite simple, now we see unravelling, "we" the BoD, quote the "I" word on numerous occasions when detailing the SoA. If you "the II" are serious , the opportunity will be there for a few weeks or so, we can oblige if required. "Fancy some of that?" BoD to II's. " Fill your boots, get the T1's out, let's get this show on the road." Market Cap in 6 months? £200m minimum.