The customer base will find its way to Amigo of its own accord so no point buying from Prov. Its worth remembering that GJ explicitly said that he was truly excited about Amigo 2.0 that it will be v different and will "blow away" the market. Expect the new lending products to cause a stir. All aimed at credit building and inclusion with a digital platform. No surprise that antiquated doorstep lending is getting folded. Our market size and share will be sizeably more than it used to be, more than the 15% we re giving up. In 2 years, this will be £2+ minimum.
RE: Congratulations to Gary and the BoD's.07 May 2021 12:09
Well you don't need to worry Timmy cos you're not on the list. In fact you're not invested in Amigo either which begs the obvious question. Did you get enough breast milk as a baby - you seem very needy.
RE: Congratulations to Gary and the BoD's.07 May 2021 11:23
Couldn't agree more Stevie - i think the background talks with the FCA happened back last summer with GJ and the idea of ringfencing was discussed even then. How each party would position themselves to keep integrity and in Amigos case survive was agreed behind the scenes and the hiring that happened was to help the FCA get comfortable and back the plan. The FCA know that they have helped create the s8it show hence commissioning Chris Woollard to investigate and allowing the scheme to happen. I always thought that the RNSs were playing out what was already in place weeks and months beforehand hence I stuck with the investment which I thought needed 6-9 months to turn. If this is less than 50p by end of June I'll eat my hat!
Vinson is so obviously down the line (s) um not supposed to be a pun originally. Thing is Timmy Can't attack the logic in investing in Amigo anymore so he's re-registered to attack the people instead. Just subtlely sniping away like all good cowards do.
Hi Thaw - Wanted to top up at 14.5p the other week but it would be fairly mad to use my emergency cash. The money I have is within reason "all on Red":-))..Still its nice to be on a double bagger in 18 months with most of owing to Amigo (on paper still!)...after next week, we know the days of lurching down to 10p and below are just a distant memory. Bit like Jimmy Jubber and Jimmy Jesus ...where are they now?? At least not pretending to be Toppy C instead of Timmy Coles. Thats soooo sad. A bit of me dies inside when I think how sad that life is.
Timmy Coles - your judgement on Amigo is as good as your judgement on Vinson. I should stick to your super good investments like NCYT, CBX etc. You are losing your cash day in day out and sniping at other peoples success from the sidelines. Conclusion anyone? A sad little man.
RE: Forget the list, Vinson & focus on the opportunity06 May 2021 21:10
Also worth saying that based on judge who agrees with the.numbers that there is no more cash to offer a better deal or better terms for anyone thinking there is more to squeeze out!-) no chance of a share dilution and no chance the FCA skilled person review won t be positve. I put this at 95% chance of at least 50p by end of june.
Oh dear i unfiltered pupper just to read that embarrasing rant. Some people are naturally full of envy and its usually the LT derampers who havent made a dime. Boo hoo pupper. I m 175k up and moving serenely toward a life changing sum. Yet i only have a 20th of Vinsons stake. Always people further up the food chain and further down..then you get jealous plankton like pupper who i call bottom feeders. Back to the filter.
Hi Thaw - I didn't go down the ISA route originally as I preferred to avoid paying any personal tax for taking the money out of my business and then seeing the investment not work out...I thought better against the company than personal as the other side of the coin is personal tax for a rubbish investment! if you see what I mean. Plus if I pay 20% CGT its no different from how what I pay anyway on other gains. All in all, if I get 1M into the company and then have to work out how to get hold of it personally - then I guess its a good problem to have!