Member Info for JWD79

I assume the accounts will paint a better picture. If the accounts were awful, they would have outed them sooner - provided drafts to the court to help their insolvency argument

Indeed - albeit the prospect of a slow recovery - a recovery IMO is inevitable

Thanks Sterling - Yes showing blue again...
Weird how it appeared black , then blue, black again and now blue...

It's now marked down as an unknown?

Afraid to fix it 'properly'.... will take a number of RNS's.
Amigo wouldn't be Amigo without turbulence - fully expecting both positive & negative RNS's to follow soon - this week hopefully

Thank you HH, Mark

Mark,Franky, Atrades - On the Amigo Share Trade link above, it highlights the £566 & £261k trades, as Sells. Is this a misinterpretation?

Sorry just noted Jonno 41 has already addressed this in a previous post

Unsure if the below adds anything new/relevant.

VanEck
https://cbonds.com/bonds/286029/

Bottom page - Holder @ 17/6/21 (I am unable to see figures/their market value)

Been observing this recently with a view to invest.
Was looking positive... until just recently..... so why the red sea?

Mark@1973 - Thank you Mark.
Would you consider this a positive?
I am really undecided - I’m always trying to read between the lines.
If an RNS for a regular purchase each month is common practice, then one would assume an RNS detailing a sale would be just as applicable - none of which appear apparent/regular, from same staff… therefore if they are not selling… still adding… kind of highlights a positive outlook amongst them.. would you not think?

Thoughts…..

If they decide not to cap the creditors, then a further vote may not be necessary

@Specialonek - And if by magic, one appeared.... : )

@Isesb - And how exactly would that lead to brighter days ahead ?
She clearly believes she has a future and is excited - her role would tie in nicely to put in place new practices/training etc before the company relaunch.
I certainly wouldn't appoint an HR Director to carry out redundancies.
If the company went into administration - letter goes out explaining company unfortunate position - job done - why employ an HR Director on a huge salary?
This is positive news IMO

I noted last night that a new Director of HR has been appointed by Amigo.
Did anyone else notice this post on Twitter last night? It was whilst LSE was down.
An excited new HR Director has just been appointed by Amigo.
Candice Openshaw stated - "Excited to have been appointed as the new Director of HR for Amigo, whilst joining Amigo in the eye of a storm - looking forward to the brighter days ahead"
The post appears to have now been removed!!??

I think to continue with SOA1 adding a further option where 100% of a claim can be redressed but is subject to a further/lengthy investigation.
Should any discrepancies in an application be apparent - claimant unable to provide proof etc - then they could in turn be liable for legal expenses or receive nothing at all etc.
This should sift through the rogues / also anyone short of cash/unwilling to wait for an investigation, may chose to accept the quicker option just to obtain their funds.
Amigo then elongate their 15% profit allocation for another year maybe two - until claims were settled.
There is a huge market waiting for this company.

Whilst I had my reservations about the bullish binary approach to court - on reflection it would appear the binary choice was their only option at the time it was first announced.
IMO – This cannot be held against the bod and I do not now believe they lied.
Moving forward –
Bondholders will be amenable – they want to achieve the most they can - this can only be achieved if the company survives – so they will be proactive/amenable!
Waivers extended… They have been before – why wouldn’t they again? It is in their best interest Amigo survives!
FCA – Will be appeased.
Bondholders – Will be amenable.
Funding waivers – Will be extended.
New agreements - Drafted/signed.
Remember they all understand the potential .
They are all invested for one purpose… that purpose is NOT administration!
They will make this work.
Holding firm
GLA

As judgement took a number of days - during this time, would Dicker not have been given the opportunity to put forward the points he missed, to the judge?

@Jimmy56 - I don't agree with this view one bit.
Why should creditor/shareholder/s be penalised at all?
When considering Amigo could continue to offer the 15% set aside each year until all claims are settled.
To penalise any of us is bonkers and unnecessary