Member Info for Beevorma

Agree Mouse we're not the beatles, more the beaten! LOL

Just 1 is a def buy Franky i.e. JP, the other bybrooks one I don't understand derivatives!

haha mouse "paying homage to the porcelain gods" eh

It's good for the SP, but I'm not reading that much into it TBH.
Given their investment appetite they're looking at either a £2m loss or a significant gain, which if you say this is a 50/50 makes it very worthwhile when 2m is peanuts to you.

Thanks Thaw.
There was a guy before me, HH and Yuri called Sussexfc, he had about 10k in with a 170p average and I think he sold out in the 20’s. At the time I thought he was daft but I guess he’s moved on now with more than he’d have now!

Ginger you sure you not stolen my story there as I bought at 79p and my average is 25 lol

You’re not cool unless you’ve got over 80k invested and your average is in the mid 20’s.
And yes cool means stupid in this instance

lol 9.81
If I were you I'd be ecstatic

Sells have been outweighing buys quite significantly for the past week or 2. Luckily it seems to have nothing to do with the share price!

Thaw my interpretation of "while the scheme is ongoing" is after approval e.g. in the 6 months when it's open for everyone to submit their claims. Reason being restarting lending would make the SP jump and I don't see that narrative lining up with the dead cat one needed for the SOA?

not sure what the jump was for late Friday but expect things to be back to normal today!

Crash and burn seems a bit random that you’re into all these other shares but your first post is on here

Well actually I’ve just skimmed it and it doesn’t mention guarantor loans at all. It does discuss affordability check which need to be founded in robust lender processes but I guess we figured that out anyway. It doesn’t give any specifics on how that should be done however!

I’m a bit behind here, has anyone asked Amigo if they will release any kind of comment following release of the woolard review already? All the news headlines were about BNPL but this has been talked about for ages by amigo, seems odd they haven’t release any comment and/or would wait until results?

Can’t imagine the results will be a barrel of laughs unless there is some kind of interesting announcement. I doubt it will be re-lending though, they can’t do that until they have updated guidance from the FCA and that is entwined with the conditions for what constitutes a valid claim which they’re thrashing out with them at the moment.

After the last results call I was full of confidence following the talk of re-lending and Amigo 2.0, but it’s been a while and now I don’t feel quite so optimistic, hopefully as you say the gloomy outlook is to make the proposal more appealing to customers to reinforce the “SOA or death” message.

Personally I don’t see the FCA being able to give any public backing, they can’t be seen to be getting involved in something whereby customers get less than they’re “owed.”

Beat you might get is them abstaining IMO

Highly doubt there's a plan B, they've clearly been swamped with claims from every rat.
As to the SP, it's already there isn't it? Still 475m shares in issue but at just 6p per share, the dividend used to be more than that...

Card i've written:

Vote Yes - you will still have to pay off your loan if they go bust!

Don't believe the nonsense about your loan being wiped if they go bust, you will still have to pay the same amount of debt as if you vote "Yes" just in future you'll have to go to your local loan shark (who doesn't accept claims by the way).

Also most of them are saying that if Amigo do go bust then their loans will just be wiped, I thought this wasn't the case?
Might be worth us all posting on there to say so...

honestly the number of people saying vote no on trustpilot is a little worrying.
equally the stupidity of these people is quite amusing, one example:

Nicolle Lock -
"Still waiting for redness!! Nearly month now!! Attuide on staff awful I want a email stating when I’m going to recieve doesn’t take this long to process !!"

If you want redness love go tell your husband he can go in any hole.

another example: Nicky -

I took a loan out with this awful company they didnt look into my history of credit. At the time I was desperate for money. The company didnt look properly into anything. I've been stuck paying £340 a month. I've been paying this for 5 years. I've contacted them numerous times for help and they just say I need to go on a payment plan which affects my credit and then I have to pay more interest or threaten me with my guarantor. The company didnt look into the background of my guarantor. It affects my mental health daily as 340 is alot to pay each month
I hope this company gets what it deserves. I've numerous phone calls to them and they dont give a hoot

It affects my mental health paying 40% tax just so you can sit at home and watch your flat screen TV but hey ho, get over it Nicky!