Member Info for Daave

Just need the government to have some sort of plan for distribution! I’ll still be next year by the time anyone gets this

It’s up 10% nearly but a very volatile spread and the T2 looks like it could go either way..

Can’t wait to see their tv adverts back on - hopefully over Xmas

Yesterday I basically said that the BOD were little girls who were scared to open their wallets..

These RNS’s are very good.

Glad they’ve put on their big boy pants today!

Not even maxing out an ISA... yawn!

Come on directors!! Get your wallets out!!

98% of pubs are in areas in tier 2 and tier 3

Tier 3 is closed and able to operate as a food takeaway, drinks too but only preordered and prepaid by phone/online

Tier 2 pubs can open but you can only have a drink while you eat a meal and leave afterwards

Pubs are not included in the 5 day Christmas ‘break’ - you will not be able to go unless the pub is in tier 2 and you live with all of the people who go with you

Pubs have to stop serving at 10pm and everyone out by 11pm

New Year’s Eve is cancelled.

Pubs are finding it really difficult to work out how to open profitably under the current regulations.

Positives though:

Although the Small grants won’t do much, they are at least something.
Furlough has been extended
Self employed earnings grants have been made more generous.

I think their buys were small-fry.

I’d be happier if each new member of the board bought a million shares each... afterall - how many did JB have?

Put some risk into it. That RNS buy was not that far away from what most people on this BB hold.

I think eventually the SP will move

4tothefloor with the insinuations that everyone who invests in amigo will be homeless?

Do you bet everything you have on these risks? - because that’s the brush you seem to be tarring others with?

Haha who’s is bigger?

Shut up!

Flashed past but was there...

Hopefully it’ll go past and we won’t see it again for a while!

Sounds like an interesting few months ahead

No longer looking at solely guarantor loans

Portfolio of products

Taking a step towards credit history building products, moving into different lending areas.

3 times he has mentioned more prime lenders will be more stringent when lending due to COVID-19 and it sounds like they are looking to move towards those potential customers..

Less APR but probably more customers

@PaulAnthony

Are you even on this call?

Heard no mention of July..

EARLY 2021 has been mentioned

Money saving expert site mentions Sara at debt camel - she is some sort of official associate of that site.

If someone could push this back up above 10p, that would be great.. thanks.

Share is closed/auction

You won’t be able to buy... limit order?

During a ‘Normal’ 12 months, how much debt were Cine paying off?

Nearly 20 years ago I borrowed £500 from a company called ‘Welcome Finance’
The terms were that the money was paid back over 12 months at £80 a month, which included the loan, the interest and a myriad of ‘Benefits’ which included PPI, key insurance, travel insurance and several other pointless things (which would have all been unfit for any actual purpose)

I was specifically told in person across a desk in their office that they would not lend the money without the customer taking the PPI product, this was later classed as mis-selling and years later I got a letter saying I could sue them and get my money back - I didn’t do this because at that point I didn’t have any of the paperwork and couldn’t be bothered with the process.

Amigo lend to people who want or need money, you have to have a guarantor countersign for the debt, if you don’t pay the debt then they do.
It isn’t an additional product alongside the loan that makes it more expensive and ‘increases your chances of being accepted’ it IS the product.

PPI, Payday loans and Amigo are nothing like each other. Please don’t tar them with the same brush!!

@joekenny

For that to be an accurate scenario, you would have to assume that non of the pubs that close are connected to Marstons. Be it directly tenanted in Marstons buildings, freehold venues who have tied to Marstons to obtain equipment and maintenance or ones that just stock Marstons products.

Because if a Marstons tenant goes bust and leaves a Tenancy that earns Marstons circa £80,000 a year it will take more than two or three of the customers of that venue wander into a Marstons managed pub to offset that margin.