Member Info for InsiderKnowledge

by me for £1

https://www.bbc.co.uk/news/business-44250900

well if others can :)

I will give you all 0.0001p for your shares, deal?

Sure, people have gone mental. Switch off the phone / laptop and come back Thursday.

Troll army ready no doubt. Of course they won't acknowledge the big buys that have taken up the sells. Of course not that doesn't fit their agenda.

This is part of the 5% that voted no imho. Expect a steady exchange as they sell down and the market takes up the slack.

The should just offer it to a certain buyer at a discount and make the exchange easier.

Anyway all good.

For me to buy 829k I get quoted 32p Ff$

13-May-21 13:39:39 23.0846 4,752,690 Sell* 24.58 25.00 1m O
13-May-21 13:39:39 25.4381 3,261,822 Buy* 24.58 25.00 829.75k

Must be nice to be able to get away with that kind of background transfer. PI always shafted.

So you sold at 23.96, now regret selling so trying to nudge others into selling as you realise you sold on the cheap?

You do realise you will be buying back in at double the price and so your "profit" will be worth 50% less when you rebuy.

If you are out, don't bother trolling London it is pathetic to see.

So that they can get a seat on the board I think.

Unexpected inflation. It was simply above the rate the market expected. The result is that bonds will rise, interest rates rise and fed will back off spending as a result stocks sell off.

I am not worried at all, the fed have said they believe it is transitory so it is a short term drop nothing more. As they say "don't fight the FED". The basic issue is simply that the economy has opened and is trying to stand up and its effort is all going into a few small areas. Wage inflation was up, supply was down across multiple facets of the economy leading to demand side inflation. It is all transitory as they say imho. See the link below it might help.

*(https://www.bloomberg.com/news/articles/2021-05-11/transitory-or-not-signs-of-inflation-are-roiling-asset-markets)

This is nothing to do with AMGO, the whole market is red.

.

Solid end to the day

them as they multiply when they get wet.

See you all Monday

Excellent news Amigos.

Scheme of Arrangement: update on creditors' meeting

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, provides an update on the Scheme of Arrangement (the 'Scheme') of ALL Scheme Ltd ('SchemeCo') announced on 25 January 2021, following the completion of the Creditors Meeting held on 12 May 2021.

Amigo is pleased to announce that, of the creditors who chose to vote, 95.09% by number representing 95.72% by value, voted in favour of the Scheme. In total, the Company has received 74,877 votes in favour of the Scheme and 3,863 votes against the Scheme, with values of £230,744,046 in favour and £10,319,764 against.

The Scheme requires more than 50% of all creditors who vote to vote in favour, and the total value of their claims to represent at least 75% of the value of the claims of all creditors who vote. In order to become effective, the Scheme requires sanction by the Court. The Court hearing to sanction the Scheme of Arrangement is listed to be held on 19 May 2021.

Gary Jennison, Chief Executive Officer of Amigo, commented: "Our customers have voted overwhelmingly in support of the Scheme, showing that customers due redress believe that the Scheme is the fairest and best option for them. We are naturally disappointed by the FCA's stated intentions to oppose the Scheme.

If the Scheme is not approved by the Court, then Amigo is highly likely to enter into administration. This will deny mis-sold customers access to a share of the compensation to which they are entitled and will also have a significant impact on the many millions of UK adults who cannot access mainstream credit. The new Board and management hopes that the voting and views of Amigo's past and present customers are listened to and they are not denied the compensation they are entitled to. We strongly believe that the Scheme is the best for all our customers - past, present and future - and the only way for Amigo to continue to be part of the solution for providing financial inclusion in the UK."

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014. The person responsible for this announcement is Roger Bennett, Company Secretary.

GLA

It means most customers past and present have no interest.

They have no interest as they do not feel they have a claim.

As such they did not vote.

RNS releases are due imho.

Please leave the FCA alone. If you are a true holder you would not want to provoke them further. This is the kind of action I would have expected from saboteurs and Sarah supporters over at debtcamel. Trying to pretend they are holders whilst poking at the FCA. These are not the genuine actions of holders who want it to thrive and do NOT speak for the best interests of genuine holders.

It is good to see the rise today and that it has a firm base and holding steady.

Congratulations to everyone who bought yesterday. All the PI's who had faith when the company was down. The new management, the yes vote from the clients.

Today, is one of two days, I believe you will remember for the rest of your lives. You will tell your kids and grandkids how you invested and changed the family fortunes. GLA

Have a good day everyone. It looks like it will be a great day.

Check my first ever post :) 10k buy at 1.xp

Mr P was a good guy, replied to my emails and a solid guy. Respect.