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I disagree tibs- yes they have issues, many self inflicted by old BoD, some by infighting 1% daily sell off, some due to COVID etc etc, the highest risk remains complaints and once proved to be managed FCA/FOS support to enable re-lending. With that in mind, we don’t see insiders selling off their stake, not even GC and we have seen more buys. Not to say it won’t happen but unless it does, I am in for the ride and it has sure been bumpy so far.
Bring back Jeremy Kyle for you lot LOL
Bryn I don't assume
I ask as I asked Hound last night why he was here and he said "tell me your position first" I did but still nothing from him
I asked Hav months ago but he wouldn't say and just turns up on bad news
Jimmy and I have had several chats and some ok where I've been with him but something, ANYTHING positive from him would be nice
Terry starts off with"Want to know the outcome, look at Wonga" and yet you berate me for bullying
Bryn you are obviously smart bloke and I don't get why you support obvious uninvested derampers (I do actually think Jimmy is invested just a neg head lol)
If you're not in the gang...I guess you must be a parasite in Scramblers eyes.
Terrytibbs
Why are you posting here? Oh yes! I understand. You are soooo concerned about us investors that you want to help.
Another parasite
"Investors ask yourself this question. Why would someone be posting negativity on this bb for months if they own shares? "
Only Hounddog does this, you keep making ridiculous claims implying that you know who has or hasn't got Amigo shares.
They all come out of the woodwork like maggots. All have been posting here for months.
Investors ask yourself this question. Why would someone be posting negativity on this bb for months if they own shares? Not days, but months!
The answer is they are not shareholders like you and I. They are parasites that want to scare you into selling cheap so they can make a quick buck. Drive the price down and sell them on a rise.
Is it ok to trade? Of course. Ok to trade by spreading negative rubbish..NO. at your expense..NO!
I’m scratching my head trying to work out the “rampers “ saying it will go to 20p has caused people to sell especially when it went past 20 p and it will again !!
IKN - cheers. Let's hope the company can be a bit more engaging. This seems to be a very newsworthy stock. There have been a few examples over the past few weeks of decent engagement from the company. They still have questions to answer and the JB GC side show was a distraction.
It is just a bit frustrating to see the progress get knocked back each time for whatever reason. I am much happier with a gradual rise as opposed to the volatility. I was hoping we had put the volatility behind us somewhat.
There should be no reason this company can't start relending soon, sure with tougher criteria, like I've said before they don't need to smash it as obviously the client pool will be thinner because of COVID. That said if they are smart they should be retaining information (IN A GDPR compliant manner) on potential clients who may just fall outside of their strict lending criteria at the moment for possible future lending.
You also have to be twisted if you think it's just you and your gang that are invested.
Exactly Seamus!
Honest investors buy and obviously want to see the SP rise. Build a great portfolio. Sell sone if you are not confident and move into another.
You have to be derranged to be on a Bb talking about a share you have no investment in. Just beggars belief. I think some of them have personal issues, and probably bitter and twisted to want to see others fail. It reflects their own failure.
Hav
Hello old friend
I can totally admit when wrong and have done. I took a position in Malvern @ .19 and that's now .11 :(
Am i correct here ? I won't know until we have more information from the board but I am hopeful and I HAVE never (unless joking) told anyone this share a definite money maker , but for me worth the risk
What I HATE are people that turn up if there's bad news sucking the life out of people who are already hurting posting one liners like "Bust by Xmas" "I do hope your mortgage is save" ring a bell hav ? NICE!
This is why I react to the likes of you and the hound who are only here to hurt others. You don't actually give a damn if someone loses money it just gives you a sense wellbeing which is lower than low. And I'm called a bully W T A F
Hav , it did get to 20p and will do again , I’m not sure why if someone is invested in a company that the sp has gone down makes them a bad investor not to be listened too ?? All your investments gone up have they ? In amigo ? Or you on a board your not invested in ?? Unemployment and recession will only fuel sub prime companies no matter the tightening of rules so your comments regarding this is ridiculous at best sorry
Hunniford , you seem like a clever and level headed guy . Your very much right in what you say but let’s not forget the circus presiding this company for the last 6 months , the FCA literally being a pain in the ass for which we all know besides the very small per cent the FCA opened up a can of worms for people to claim off amigo and others over the fact they couldn’t be arsed to pay back the money they borrowed ! Also the mm can drag a company down , big institutions etc etc so it’s never ever as simple as the city don’t believe in the company as we all know this is AIM !
Seamus - He annoys me, not he is someone who is here because he's invested, just here to annoy people.
To be fair Scrambler the share price in itself does not inspire confidence at the moment. Added to this there always seems to be some "event" that manages to take the share back to single figures. This has been gong on since June and we always manage to clear the reason why only for something else to come along.
The market is a cruel mistress and at the moment the market is telling us she is not happy with this company. Otherwise the SP would be mid teens at least. Ultimately the company needs to engage with the market and make her happier. They don't really do that by doing things like releasing folks from share lockups, unless - they can provide a good reason why - like.... "We've released the lock ups so that we can get these guys (Nayan) to move on because we have a much stronger more engaging and experienced replacement to strengthen our team"
The Asset VREQ does also cause more questions to be asked, which again the company would be best placed to answer, rather than debated by the "experts" on here.
Obviously as shareholders some of whom are living through a painful time, we want the answers now but that won't happen. I imagine the next chance to ask questions will be at the half yearly towards Nov end. As a BB we should co-ordinate the questions we want asked in advance. One would hope that further clarity on the claims and on the recommencement of lending will be more forth coming by then. However this is AMIGO so expect the unexpected. I will offer them my patience up to half year - but it is starting to wear thin a bit!
IKN
To be fair Jimmy found the link and posted it to prove his point re complaints past 6 year
I posted content as some wouldn't read it and just believe his scare mongering
Scrambler, prove your worth and answer these questions;
"Spreading negativity amongst honest investor" - When was this ? Post it here for everyone to see.
"pretending you are invested yourself" - Prove I am not invested for everyone to see.
That really was a poor attempt on your part and now you've left yourself wide open, you need to choose your words more carefully.
Bryn
Can I please ask you one question ?
What's your opinion on Hound ?
We all know the position with Amigo. We all know what the current BOD are doing....working through the complaints in order to resume lending in a positive way with FCA onside. They have money in the bank and money coming in.
Complaints will be on going like any business, however, the process is to manage them and improve processes to reduce future complaints. Thats exactly what they are doing. They will get there. This share is going to rise big time within weeks.
The gang may impress each other (and they clearly try their best to do so) but they certainly don't impress me, bullying at it's worse.
Honesty is not in their vocabulary.
Bryn has been on here for months along with jimmy56. Not confident in your shareholding? Then sell and move on.
These people try and make money from other peoples expense. Commenting a load of rubbish on the bb, pretending they are doing you a favour.