Member Info for Daave

Thanks in advance to anyone who feeds us any of the information :)

The 30p days :(

I messed up at 8.03 yesterday when I could have sold my entire holding at 26.something and rebought a lot lower most of the day...

I just sat watching and laughing for the rest of the day because it was inevitably going back up, no need to panic at all!

Thank god for that.. because that dip scared the poop out of me!

I love everyone’s optimism but people seem to have forgotten about the following numbers:

26, 27, 28, 29, 30, 31, 32, 33 and 34.... and every fraction between them all!!!

It would be really nice to blink one day and it go up by 10p but it’s going to take a little longer than that!

Haha... even if Vinison is scamming us, this share is a multi bagger the second they start lending again..

I went through a no win no fee claim for ‘an accident’ a few years ago and there was a point where the claims company sent a letter that basically said: (I forget the exact terminology used so this isn’t completely accurate wording)

‘if you choose not to settle at this point we will still represent you but if this results in a lower financial outcome the minimum liability to you would be the commission amount in this settlement figure plus any additional incurred fees’

I would assume that a claims a management conpany pushing for a payout against Amigo would have a similar clause, that if you ignore their ‘advice’ and push for a higher amount - then lose, you would from this point still have to pay them AT LEAST the figure they would have been entitled to.. if you got more, then you would have to pay them more, if you get less then you pay more..

It becomes clear at this point that you are no longer fighting just the company that you wanted to, but both them and the conpany who are supposed to be helping you.

Before you take my example as the norm, please research this further.

What’s the next milestone? - has something been leaked?

Apparently Marstons have written to several publicans giving them notice that their tenancies or leases won’t have the option of a renewal when the time comes, with mention that if they wish to continue living/working at the venues they will be required to sign over to a ‘Management’ style position within the buildings they have occupied for their last contract..

A couple of other Pub Companies have apparently sent similar letters to a few sites.

To me this seems like there is something happening behind the scenes that they haven’t announced publicly. Up to now, leased and tenanted pubs have been completely different from managed houses.. different ‘Area’ and ‘regional’ management overseeing the different areas of the business..

For them to ‘claw back’ so many sites in one go seems odd.

If I hear anything further I will post it here.

I’m a right thinking this is the highest this has been for a long while?

Did this hit 18/19 at one other point in the last few months?

If it is of any use to anyone. I did some calculations for my pub and we have decided not to open as we anticipate an average of 20% or less revenue for the 5 week period and an increase of costs and overheads anywhere up to 3 times our normal overheads!

Other pubs are expecting drastically different numbers but I think we are all in agreement that there are going to be some absolutely awful days.

70% of pubs trading at probably below 20% of capacity... this is going to be a complete s***storm!

No idea, but someone’s rattled... look at the spread in the sp

Can you start a new thread after the break?
Loading this for each comment is killing my phone :(

Thanks for this btw.. :)

Surely someone is streaming it somewhere?

Anyone who has filed with a CMC is in a position where they might get ****ed in the ***....

Usually when you sign up to a CMC you sign to say you will pay the percentage to them from any payout - even if they aren’t directly responsible for that outcome!

Wording I have read somewhere (CMC website or maybe camel) is stating that the borrower or guarantor should not be penalised if they were miss-sold a loan, it is common in credit scoring that if the lender has made a mistake then a correction can be applied to the borrowers credit score to remove anything negative towards the borrower.

And, you, as a rational adult wouldn’t claim, but to be fair, you wouldn’t be on LSE if you didn’t have money in investments.. amigo’s target customer isn’t likely to have cash invested in stocks..

Comparing yourself and using yourself in an example of someone else’s financial situation is a flawed comparison.

If anything the people who claim against amigo will see an increase in credit score because part of the deal will probably be that their credit scores are corrected on the basis that they shouldn’t have defaulted or missed payments in the past due to the interest payments.

Not a deramp. Just adding to the conversation.

One bad article?
Search the company name on Facebook.

Lots of mentions in the press in the last 48 hours...
I feel a bit over-exposed in this, possibly got to sell around half to feel more comfortable.

Anyone who’s holding and a paid member of LSE, PM me.. this board is ridiculous right now!