Member Info for FrankyS1971

how about JB sues Amigo Board? They knowingly destroyed his wealth if what he says is true. Gross negligence and see you in court .

We ll all be fine on this. It aint going bust. End.

I think we may well hit 20p more than once between now and October as the story gets played out on social media whipsawing PIs and shaking them out. I can see 8p happening too! This won t calm down with a sustainable rise until there is a line drawn under this and we get back to lending. If you eant 30p-50p then come back in a couplw of months and ignore the likes of CancerChris.

NAV of 35p is fine but until negatives sorted this will clearly trade as it is at significant discount. Only way beyond this including JB narrative is to get through claims. As said previously there might signs of life tomorrow but then patient will remain critical but stable through tonOctober deadline. I think GC will keep cards v close to chest but with JB have to tread tightrope so some positive rumblings may stir as he needs to demo that strategy is right and that comps is stabilising. Don t expect too much too soon IMO

You won t see a dividend until 2022 all things going well so might be worth not talking about bunkum with firm on its knees.

House of Benamore at war with the House of Campbell. They will have to join forces to beat the army of the brain-dead otherwise known as the FCA.

It didn't do that in one trading sesh tbf

thats what i see. This is all about control. Whether they find a compromise i doubt. I think JB and amigo board need each other though but finding a structure is tough.GC said he wouldnt work in a business that JB had control over not one he had involvement in i believe!!

You best go find a better investment chris. You clearly don t fancy this one so best spend the limited days you have left finding something else constructive to look at and invest in
Toodles.

Whooooah boyz n girlz. A Weak holder isnt a personality trait of said individual its that they are a weak holder because they have a low risk tolerance and can therefore be shaken out of their position more easily. Not everything is a personal attack-))!

Your biggest fear reading between the lines is that of missing out.

Correct.

Thats very good news. 1000 complaints across whole sector. 70% finger in air are amigo s..85% of that upheld. We had 9000 cases to deal with and only circa 600 added. Not a tsunami of new claims! Does this sound right based on past numbers. Roughly??

Friends. You have to remember there are a lot of PIs just like you with no real clue and therefore flotsam and jetsam with SP. Its no indication whatsoever of where this is going. Stick to the big picture. GC and team want to provide an upbeat and positive spin on where they are and JB wanting to entice us to backing him with promises of fortune and glory. We are piggys in the middle and i expect a surge in prices however short lived over next week.

I don t know what the rules are after the point he can trigger a vote. Id be surprised if he can then immediately buy and have the extra voting power by going into reverse. Will go to zero so he can get as many PIs on his side as he can.

I might add that this is as much a war against the FCA for JB who are in the way. Its a war you cant win so he s sidestepping them and going overseas. Not smart. I want to see details of these plans as there are things to admire in equal measure

I think this is a fallacy to think that JB was blameless in the slide of Amigo. He created the corporate culture, the cadence of doing business and the overall drumbeat. That culture doesn t change so much for a new CEO coming along. Doubtless Hamish and couple of muppets have exasperated the issues and deserved the chop. But simplistic and wrong to beleive JB and the model was always fine under him. He would deny that fully no doubt. The pace of growth suggests the writing up of bad business under JB even if it came home to roost on someone elses watch!!!

Great Point. Vast number of PI s won t vote or even know which way they should vote once the RNS s come thick and fast. Other obvs point is that if Amigo was such a dead duck why the fight to try and get control!!? Something of serious value here.

Sorry but I feel conficted by JB. You look at wealth as a sign of how impressive he is as a human? Not my measure personally. He is in this for his own selfish ends. How do we know this?1. Its human nature 2. He is however.you want to dress it up, using the capatalist model to expunge money from weaker people up to himself. Once you accept those simple tenents and layer on his sheer ego and desire to get back Amigo, you can see the likely behaviours from this man. 1. Whatever it takes. I have to win. 2. I ll say and do what is needed to achieve my end. I don t buy for a moment that he s desperate to help shareholders recoup their losses though i think he can buy and sell any narrative he wants to achieve his end. I don t trust JB but he is useful to us investors as the more intense the war, the more the board will have to be upbeat about their efforts and plans. This makes sitting and waiting compelling as this only goes one way. Violently up.

Was trying to type a message at 10% down earlier. Essence of which, There is a war for the heart and soul of Amigo and we PI's are the footsoldiers being deployed by both sides. Its VERY clear that the RNS's from both sides are going to be laced with positive news about the future depending on which side you choose. This will catch fire. Had i sent this 30mins ago as intended the doomsayers would have had a brief moment to have a pop. Not now.