Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Guys I think it's time to put all your money in SSON and chillaxed. These rubbish little penny stocks are nothing more than gambling.
Lolz. You have all been warned
Tick tock
#AMGO
* Inexperienced board in the guarantor sector
* Shrinking loan book
* Claims levels still VERY high
* Provision keeps increasing
* Huge share overhang
* FCA investigation next Yr could lead to unlimited fine
* FCA and FOS heavily siding with customers (and rightly so)
* False cash balances (its the lenders money)
* Lending still not in sight
* Asset VReq in place to freeze company assets should they plan to hide money from FCA
* Bonds still out of control
* Terrible legacy issues
The list is endless guys
Gla
1.5p
I know you all miss me guys, and that's understandable. But I'm a very busy man these days.
Complaints are still coming in high volumes with no sign of slowing down. The only way the company could possibly survive now is with a massive equity raise.
It's going the same way as NSF
Gla
Ps did anyone buy into AGFX? There's plenty more to come from there over the next 24 months
Yes mate, I'm the one no one likes.................and I can live with it.
Vinny, cast your eye over AGFX.
Dyor.
Rule number 1. Never buy on IPO.
No wonder you've squandered away your Ā£250. Very sad.
BTW everyone, just to clear up the rumours. Vinson is not who he says he is. He is a fantasist, a proven liar. He was on here the other night claiming Hulk Hogan went to his house for tea.
He's a sneaky one. Best avoided.
Hiya Vinny.
I dont short stocks. Although I really should. AMGO has gone from 200p to 9p in 18 months. Didn't you and Sheamus buy in at 175p
Seamus I'm trying to help poor people get back what's rightfully theirs from an unscrupulous lender.
Maybe AMGO shouldn't have preyed on poor people? Maybe they shouldn't have used such high pressure selling tactics to force people into loans they could never afford?
It's sad that as a country we have become what we are today. Forcing loans on poor people who can't afford them and then complaining that these poor people are living a miserable existence.
If you want to be mad, be mad at yourself. But I for one, am going to do my bit and help the needy.
I'm right here little fella. You enjoy this false dawn, the complaints numbers will be out soon......and they're much worse than anyone thinks.
Well said acaciatan, Seamus couldn't have said it any better.
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Just spend 10 minutes research on social media, AMGO is getting battered and it looks as though its getting worse not better. These past 3 weeks have seen a marked increase in complaints from an already high level.
If your all happy gambling your money in here then so be it. But don't tryn sucker in even more gullible people, have some decency will you.
So far the oldest successful claim I have found against amgo dates back to 2007.
Gla
What a claims company said recently -
"Our concern remains that Amigo is upholding less than 50% of the vetted and assessed complaints we are sending to it. These are strong complaints that will now be forced to go to the Financial Ombudsman Service, which has been upholding over 94% of complaints presented against Amigo. It is unclear whether Amigo have factored this alarming statistic into their provision. If it hasnāt, its provision may be deficientā
Anyone else super excited for the half year results? I wonder how big the provision will be this time?
You didn't 'invest' in CINE, you gambled, just like what your doing here with AMGO. Do you really think GC would have sold had he thought the company was improving?
The next trading update will see the sp hitting new lows.
Gla
Rubbish, complaints can go back as far as 6 years, thus why complaints are still coming in thick and fast.
And once the FCA issue the inevitable new set of rules for the sector, if AMGO do somehow miraculously survive, they will never be as profitable as they used to be.
Tick tock