Member Info for G20304050

Not against this stock in any way - great product in a very exciting sector but seriously???
I mean seriously???
… I’d be Happy to take a big bet that your prediction is at least double the reality

Straight on the attack specialonek?…. Can you not have a debate without attacking people and tell them they are talking rubbish?
Read post properly before going all bipolar will you please - I never said that the business didn’t need an SOA I agree that it does - I stated that they said it was their SOA or administration and there were are are still clearly other options otherwise we would be in administration now!
I hold 1,500,000 shares so I want it to work but the board played it poorly and lost that fight…. New strategy needed !!

I will first state that i hold a lot of Amigo shares and am positive for a good future outcome - and i think the FCA are a bunch of quango clowns....
....However, the FCA were always clear that they reserved the right to object at a later date and the BOD tried to pull a fast one by stating that the only alternate to the SOA was administration - it was worth a punt but quite stupid or naive really as anyone who looked at the financials and/or who's been a director of a business before knew that was just posturing in the hope they could get away with it

I support a lot of what you say Senator but do you really think that FCA give a flying F&£@ what people think or whether shareholder like them
They are a socialist quango with more power than they deserve and they like nothing more than stopping free enterprise

It’s not news.... it’s been shorted for months, be Careful not to knee jerk react to every bit of regurgitated info - as Buffet says;
“The stock market is designed to transfer money from the active to the patient."

Maverick12 - giving the shareholders a voice is a good thing but the court & FCA will always put public/customers interests ahead of commercial/shareholders interests
....and it could be argued that boards like this are a voice that gets a broader input
I would also add that if you want a shareholder action group to be taken as ‘representative’ in any argument you can’t restrict only to those with more than 500k shares.... otherwise you are only representing, and giving voice to larger shareholders

It’s not an insinuation, it’s an opinion

The problem in many debates is that too often people take a simple comment, statement or opinion and state their own interpretation of it as the real factual meaning without ever clarifying with the person who made the statement....
....I made the statement that people ‘wouldn’t be complaining if they’d made 5-10x their money’ and I can clarify that it was just my opinion on the situation

Hi Preciousmaj, you use the word ‘investor’ as if you are a saint who only bought shares in the interests of Amigo and its customers.... I’ve been an investor for years in shares, EIS, SEIS, property etc etc and I have donated over £1m to charities in the last 10years but trading/investing is NOT charity - let’s be really honest whether you want to call it trading or investing it’s all about putting some money in to get more out.... anyone who pretends differently is either kidding themselves, naive, lying or stupid.

Those who are now stomping their feet and complaining are doing so because they have lost some money and might lose more.... it’s a tough game and people sometimes lose

I agree... no one would be complaining if the SOA passed and they made 5-10x their investment

The FCA are socialist clowns who can’t stand capitalism even though it’s the foundation of our global economic success.... as the saying goes - “The problem with socialism is that eventually you run out of other peoples money”
I hate losing but part of me thinks it would serve the FCA right if Amigo went into administration and all the claimants that the FCA pretend to represent got nothing... that would be a form of justice, but it would mean that AMIGO ceases to trade
....hopefully the BOD of Amigo will present a more acceptable proposal (to the court & FCA) soon

I hold 1.5m shares but completely disagree with a shareholder action group!....
....anyone who trades shares should take the responsibility that it’s a gamble - especially in a company so obviously exposed and at risk as Amigo has been for many months - to set up an action group seems to me as childish & ‘snowflake’ as those who take a loan from Amigo and then want reparation because they pretend they didn’t understand the terms.

If you can’t deal with the risks don’t trade in stocks or shares

It’s a risk.... I’m staying in because I think it’s got a solid chance, but I don’t expect to have decisions changed because the bet didn’t go my way!!!