Member Info for FrankyS1971

I've actually filtered Rosie now. She's another troll in disguise. Can I say with cold logic that if the creditors vote for Option 1, after full engagement that a judge will not be turning around and saying "sorry creditors you're not getting the 42p in the pound because i've changed my mind about the restructure that I instructed Amigo Board to undertake. I've decided that rather than have a restructure they should be forced into insolvency. I know Schemes of Arrangement were designed for businesses to avoid insolvency and thats why I'm supposed to be here, but I literally can't be assd. I've got a chablis in an ice bucket and a game of golf followed by hookers so you creditors take 28p in the pound instead and Amigo can wind down." Hahaha..Rosie I cut you slack but you're just a douche. filtered. Not least cos I never got my "True Value" spreadsheet you promised which is annoying as Ive run out of bog roll.

I don t think i ask for much but its gettiing very late and the capital modelling from Rosie with True Value calculations haven t landed. I ve got a fckin board meeting in the morning with Goldman Ballsachs asset mgt qnd there s nothing. Talk about being hung. Sorry ibmean hung out to dry. Rosie got excited for a minute-))

I don t think there s much to it Mark..plenty of investors willing to take an LT punt. Then add in the shorters panicking and closing up their positions and voila. I really don t know if it ll do this again or slide back. I suspect the lattet and then 2.8p -3p before the next unexplainable leap to 5p in a couple of weeks. Best not to guess the markets.

Rosie..do you mind using Google Sheets instead of XL..just for ease of access for us..thx chuck..in your own time..hahahaha

IK..normally could do...but there's bits of kidney in it...seriously my jumpers insolvent thanks to Rosie.

"True Value" hahahaa. IK...the true value of my M&S Christmas Jumper is nearly zero after ****t*ng myself laughing its splashed on the fabric.

a spiv =" a man, typically a flashy dresser, who makes a living by disreputable dealings" - thats me in my M&S jumper and home office Rosie. Can we have the number please?

StanleyPro...I'm retracting my guesstimate please as I'm nervously waiting for Rosie to explain "True Value" to me..she's been doing some financial modelling in the background and is about to advise us. This could be a bit of a bombshell and change everything so lets hold back until then.

IK "based on true value". You literally talk out of your ahole...hahahahah!!!!! thats funny. Why don't you share with the board your financial acumen and help us all understand how to calculate "true value" here. Stop everyone what you're doing please. Rosie is up and going to help shine a light on the Amigo P&L. Off you go then..

Its not enough for some folk to accept that this was over-sold. What you now have is a lot of shorters panicking and closing down their positions so I'd expect this inflation to continue over the days ahead. last time we went from 6p to 30p and this time it'll be more like 2p to 7-8p. As I said yesterday, getting in at these prices means you can take up some serious volume of options later in year at a cut price!! Pretty awesome for anyone playing the long game and prepared to take a bit of a gamble.

It will be if they don't take up their rights Rosie yes.. You'll have an enlarged slice in an enlarged pie. If you don't take them of course then it ll be a stuffed crust pie and you ll have a very long wait. This is the point ..whilst their cheap one can position oneself for the long term on the cheap and do very nicely if the business survives.

What exactly am I trying beyond questioning back of fag packet mis-calculations. If you had read the latest RN they will have to fully recapitalise business which will be a raise of 300M with likely a mix of new bond holders and equity to existing shareholders. How a dilution in practice will work we don't know. Further even if you want to go with 100M. This is the amount of capital on day one after the reraise. That money will get lent out and a new book of business created. Finally - 35m is being set aside for lending which will happen once FCA have permitted it. So even before the raise there will be a small book of business to allow the company to be in new digital platform and products. We don't know what they are and we can't know what the inherent value of these products are. So in brief you are talking out of your VJJ. You re better off taking a cheap gamble. Buy 1m shares at a cut price and make sure you BUY YOUR RIGHTS. 18 months from now will be very different.

StanleyPro I doubt it'll be scrapped as the dilution level would be set and agreed in court and that number we know.

You're all still making a fundamental mistake here. You keep working out 98% of your equity and missing the entire point. Its about taking up your rights. The more rights you take up the more you will have in a new fast growth lending business (in a year or so). If you position yourself now you will get many shares. This means you can take up more rights. After SOA2 you won't be able to buy at these levels. Its about the total number of shares you eventually owe in a much larger pie. If you bought in at 20p last year. You are sat on a large paper loss and will own 10% of the shares that someone could buy last week for example. The SP may well fly after SO2 and before as serious investors get this rather basic thing. RosieNas is not on it.

AIHL initial buyers are across 3-5 sites equating to a walloping amount of revenue circa....drum role....wait for it.....about 250-300K. BOOOMMM to the moon...not. Proper penetration of UK market requires it to be written into best practice which will take at least a year. So you then have after another 2 -3 years a market worth 5m. In Europe there trials going on but they are behind the UK. The amount of POC you need to sell to bridge the funding gap is simply not happening. Another few months DB will pump the market up on a scrap of sales whilst priming the market for a raise. You' ll be locked in so far above the SP that you'll be forced to take up the next round of right. AGAIN! Wake up folks.

Correct Roger - Budd categorically stated sales update in the spring aka Q2. Any approvals news will see a bounce but only sales can see a sustained rise. That won't happen and the hey guess what. YET ANOTHER RAISE. The business has a zero per cent chance of becoming self-sufficient with 12 months and I mean zero.

IK. Despite being at the darkest moment I can't agree with you. After 2 years of background bull* with the FCA, they are now likely to get the court sanctioning over the line. Investors are obsessed with the 20/1 dilution and I get that. But. Its also about the number of shares you own. At some point it will start to dawn on people that shares at under 5p allows you to hoover up a lot of rights into a new digital lending business. Once this passes the court, you'll find folks will start to realise this and the SP will go north. If not sooner!

Only way out is to get an EGM now amd fast then oust Gary and stick it in court as Shareholders V FCA. We d lose but you might effecr real change as nothing ever does. We live in a very greedy world.

My thought here is that investors look at POC with the means to the end in sight. Its a great accurate fast test the result of which is identifying positive cases. No. This rather simple. The point is that those using POC are going to be largely commercial orgs are they not? They are selling piece of mind, security, assurance to customers. However those customers no longer give a fck and don t care so much faced with a mild variant. I just feel there is still one more dynamic missing to make this sell which is death and fear of death. That has passed. For now. You re therefore left with a volume of sales too low to cover the AIHL investment beyond the existing raise. Its only one for a speculative play and at 20p i m not really up for that. Each release will see a decreasingly higher jump until it settles at 25-30p IMO.

Hi Mark,
Suspension is possible but you d need a material reason and i m not sure what that would be. I also feel its quite a crude £1=.5p math though i did the same. I think this well likely pass in court and not be opposed and that the hurdles will be cleared one by one. I don t think there will be a massive build up like last time which is a shame.as i was ready to bail at my target of 18p. I think the rise will come on the rup to the rights issue as its possible you ll get a discount into a pretty exciting digital lending business. We ll see 7-8 this year or insolvency.