Member Info for DavidHos

I 100% agree with you NOFEAR...!

And that news is already priced in. Just need to sit tight until after the 26th and then another couple of weeks to give the new board time to buy some skin in the game before an announcement to resume responsible lending. The new team wouldn’t have given up good jobs to join a company going into liquidation!

If I dummy sell 100k I get 9.25p, 50k I get 9.3p and 1k I get 9.46p... (HL)

All the bad news must be priced in already now... We know they aren’t lending, we know they have identified in excess of £150m for claims, we know the previous management who were responsible for this mess have all gone and we know we have a new team on board (although they are yet to prove themselves). If I were steering this ship with a new team alongside me I would have wanted the bad news of £150m out of the way before I presented my first results too. I would also want to announce that we had the complaints under control and very quickly after that, announce that we had a roadmap to resume lending in the very near future....

Seriously...?

2m sold and 5m bought but we end red... Doesn’t make any sense to me!

# Trades 383
Vol. Sold 2,159,171
Sold Value £199.72k
Vol. Bought 5,055,611
Bought Value £467.64k

I’ve kind of written off any major gains on this until early December after results and the imminent announcement that lending will be commencing...

Somebody is buying chunks though... 2 buys of exactly 263,974 shares in the last 30 minutes...

I know I can filter but at the same time we don’t really want less ‘robust’ shareholders who perhaps haven’t done as much research on Amigo and who perhaps could more easily be swayed by HD’s stupid comments losing out on the opportunity to be part of what will be a great turnaround story!

Having said that! I’m going to filter him now...! :-))))))

Hounddog, why do you persist in trying to deramp this stock? You don’t ever back up your predictions with facts... You post statements like “administration looms guys, it’s not looking good.” And “if I had more than £5k invested I’d be really concerned” With nothing to back it up other than with information Amigo have already told us.

I would hazard a guess that you have been involved with this company as either a customer or a guarantee and have a bone to chew with them!

We’re all grown ups on here and those who have invested have done so after doing their research. The company have had a torrid year and the previous management made lots of mistakes BUT they now have a talented and experienced BoD who will lead this company back into a good place and in doing so, will help many people with poor credit histories to obtain much needed financial help and give them the opportunity to rebuild their credit scores to a much higher level.

If all you are here to do is try a settle whatever beef you have with Amigo why don’t you do it in TrustPilot like everyone else?!

This board is for grown up discussions around the actual reasons why you would or would not invest in this share!

Am turning off for the day as NOT selling! See you all tomorrow!

I’m trying to find one for 1 step back and 70 steps forward because I think we’re going to need it...! ;-)

https://youtu.be/dtb-WacmvPs

About sums it up...

Tbh, if I wasn’t already holding 0.33% of Amigo shares if buy more at this price but anymore shares and I might start to have trouble sleeping!

I’d be surprised to see 8s again now that the board is in place but I’ve been wrong before...

I’m holding long term too as believe they have the right team in place now and once they start lending again this will make 10 x

Somebody just offloaded 483k and 581k at 9.3 and 9.2p so hence the dip I guess...

for what it's worth.

Finally the right team is in place after a horrible year. They've pre warned the market of an increase in the provision for complaints to "in excess of £150m" so I don't expect more bad news on the 26th. They'll announce the results and confirm what they've already told us and the market will react with some of the nervous shareholders panic selling their shares as they 'didn't announce they were lending again. The SP will drop into the 8s gin=ving the chance for us all to pick up some more (and more importantly, a chance for the new directors to get some skin in the game!). A week later they'll announce that they've made great progress with the FCA and now have a roadmap to start lending again early next year and the SP will jump into the 20s. Only my opinion, but wanted to share as sharing is caring... ;-)

are going to kick themselves in a couple of weeks imo...

They will miss the ride north that's coming!

Agree that long term CINE will likely be a good bet but it could very easily reverse quite a way on vaccine delay news or news that Netflix/Apple do a deal to stream a lot quicker in the future... And there's still a lot of debt on the bs to deal with...

As I say, I'm sure it will be fine in the long term but Amigo is a much better prospect in my humble opinion as it's currently priced lower than if they were just going to run out the book rather than bring a new, experienced team on board and start lending again...

You're 100% right there Casper! :-)))))

Still no facts or even logical arguments to back up your deramping rhydaman... Just 'your opinion' nut nothing to back it up...?

Darn it!! Just picked up another 92,903 shares at <10p... Now I'm really worried!! :-))))))