Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Love it Shezar, I’d add in a few speed boat and support from a tug boat.
Shezer. Well I love that analogy ( best one I’ve heard so far ) I’m sure expru will approve!
Not sure if this has been posted .
https://uk.finance.yahoo.com/news/uk-coronavirus-loan-sharks-warned-over-exploiting-crisis-125259207.html
Not just amigo, NSF and the industry are in the same boat, if one fights and wins they all benefit or atleast get confirmation on “how to do business”
A story of impatience, I got impatient with BMN (~1.5p) & GGP (<1p). I knew these were gold, but still I tried to just have a quick trade elsewhere while I was waiting because I was getting impatient, and missed out on a couple of 20 bags there if I held for a couple of years, others I missed out by days weeks or months.
(There are many “riskier” ones I’ve held that have don’t better but the above were pretty safe companies)
Sure a Few Of my picks went down or Are still hovering at similar levels but the majority have atleast doubled and if I stayed put I would be a lot richer.
I manage to pick most of them close to the bottom, but a habit to start chasing other rainbows, so impatience is my biggest fear in this trade and screwing myself over , I don’t doubt the company at all, we have seen bottom and when JBs shares find longer term homes this will rise, and rapidly, simple supply and demand.
4.75m shares being sold daily and its still NT to buy £4-5-8-10-15-20k So so often, yet I can get a quote to sell that quantity the majority of the time.
If I held a handful Of the gems Longer With my £5-10k ingested In each it would have made me a millionaire (combined return from all).
Don’t let impatience get the better of you, have good reasonIng behind Your trade whatever you do :)
I would ask board members to do a search on google for amigo complaints ombudsman. There you will see various cases that the ombudsman is upholding and given 90% are upheld in either customers or guarantors favour its worth understanding what Amigo faces. This aint going to be straightforward. My concern is that the samw theme runs through many complaints so the outcomes will also be the same. Amigo won t get the FCA to rewrite the rules so ...have read and comments very much encouraged!!
And another 3k in another account
Total holding now 566k shares. Another top up from 452k previous.... im happy to be here
H - This is your gig and you will be LOADED by this time next year - hee hee
H - take a look back at my posts - hee hee
H - THE BB IS ALL YOURS................ : )
Mark - Ive just saved the FCA publication and will read sect 3 when I have a chance - in the meantime James Bond is on and as the Royal Navy features heavily in this one.............. I'M OFF : )
The 6th March letter
https://www.fca.org.uk/publication/correspondence/portfolio-letter-firms-high-cost-lending.pdf
Phio :- did I miss read your post from this morning. Did you refer to everyone on here as losers??? Just want to clarify that in the first instance x
Expru but it did mention the fca letter which I dug around and found a copy of would you believe! Within the letter was a link to this. This is the rules! Now I’ve just read thru them and posting the link. I found the common misconceptions section (3) interesting.
https://www.fca.org.uk/publication/policy/ps18-19.pdf
I think we will be fine here and see why JB is so eager to take to JR and why he is so happy to have a sharpe legal mind like Glenn at the helm.
It’s worth a read!
Figgy - That RNS is a long time go issued by the OLD board. Who knows how vindictive JB can be??? : )
Mark73,
Read this RNS
22 MARCH 2019
RNS Number : 7971T
Amigo Holdings PLC
22 March 2019
FOR IMMEDIATE RELEASE
22 March 2019
Amigo Holdings PLC ("Amigo")
No intention to make an offer for Provident Financial plc ("Provident")
and response to Financial Conduct Authority ("FCA") statements
Provident
The Board of Amigo is committed to a mid-cost credit strategy and as such confirms that it is not intending to make an offer for Provident.
Right Mark73,
Yep lots to look forward to.
Most of the questions we have will be answered by close of month. Yes it’s been a long 12week. JB had to do what he had to do in order to be eligible to have a vote according to a draconian agreement. I guess 2/3 numpties never expected JB to do this.
I also read Hamish Patton who is/ has joined Provident?
Provident was a speculative target for a takeover from Amigo 15months ago. Did anyone see this info in the back dated RNS.
Can you imagine once AMIGO is fully back back in business and the sp etc is well up. Amigo actually bought Provident, now that would be sweet ....
FigTreeHarry
tbh , ive had them before lockdown , it was between them and tesla , but i listened to a guy telling me that they were joining F1 , new bond film , big big investers , one being the richest guy in switzerland ...... CLEARLY i chose the wrong one as usual .hahaha
Nickel-investor likes AML and they have done well ish over the last 2 days.
im in with boohoo , Aston Martin and cineworld ....i just cant see this ever ending without a vaccine , so the sooner the better .
Im at 13p avg with AMGO and I also hold Jet 2 and HYVE which won't do anything major until next year. Covid has given us this opportunity but the sooner it's sorted and shares rise the better for me : )
crazy times just now expru , i must admit i had a wobble this morning , but thinking logically .. patience is the key ....i’m sure this is coming .. i’ll be genuinely shocked if its not 20p by the end of Sept
Figtree that expected rns of the 14th will almost certainly include the decision to return to lending to the full market along with new affordability rules as restarting lending will form part of the “performance triggers” included in any agreement ...... so that’s going to be a BIG day!
Craigy - I came back from Tenerife last Sunday so I'm in isolation thanks to Boris and his crackpot ideas!!!!! The wife has a face like a naughty school kid who has been grounded since we got home. She likes to be out and about!!!!
Come on AMIGO - give me something to cheer me up!!!!