Member Info for JWD79

Yuri, it would appear to be a fair outcome... however considering the time it would take.... could this be objected by FCA.... as for possible loop-hole..... thank you Senator1 for pointing it out....

@Senator1 - Considering the idea and playing devils advocate - could you foresee anything with this, that the FCA could possibly object to?

@Senator1- Thank you for your informed posts.
I understand the securitisation lenders have already extended their waiver.
Can you see why they would not extend again?
Surely it is in their best interest to extend once again - or why would they have extended it before?

Agreed Moyles...
Holding myself, believe they will go back with an amended solution.
IMO they are better placed now then they were before the hearing - all cards are on the table now - with an invite from the FCA to return with a fairer offer.
They will have to at least try IMO

@Mitt- Investorplace... must be legit

@Thaw - Agree completely - they are far better placed now, then they were before the second hearing 100%

@Bpromise - FOS will cover this aspect. No Biggy

Remember no one benefits if this falls into administration.
It would be utterly illogical for Amigo not to return with an alternative, considering FCA have left their door open.
Over analysing can sometimes cloud perceptions

Agree 100%
Furthermore - When Administration has been mentioned - it has always been asserted as a PROBABILITY
ie we MAY go into administration, LIKELY to go into administration etc etc.. All probabilities....
Amigo/GJ have never once stated/confirmed - They WILL go into administration. Not once

@Paulanthony - source??? Na, I didn’t think you could

@Mark - Could they apply for an extension to the funding waiver, considering the circumstances?

Nebnalon - 'Most Likely'.... is probability... Doesn't matter how much noise you make..... It remains a probability and NOT a certainty.
Of course lawyers do not play with their words... how naïve of me...

It has never been stated that they 'WILL' go into administration....
It has always been 'May go into' or 'Face administration'...
GJ has never quoted it as a certainty...

Rebels revel in rewriting reality's restrictions

Be good to see this back to 2015/16 levels again.... still 38% in red.
Any forecasts?

Be good to see this eventually turn a corner

@HH - you/most are grateful for receiving misleading information..?? I do doubt that.

Last update was 10:19 this morning - still no mention of Amigo

Key words - 'highly likely'........ This is not stating a certainty

Yesterday you commented -
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@ Viking but everyone really. Hearing Last week, judge said ‘next few days’ and has had weekend. Judges in these cases normally quick. So fair guess embargoed judgment today and would be showing as listed tomorrow… it has not been listed (btw all this talk of a judgment appearing out of the blue is nonsense… it will be listed).
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Today the Judgement appeared out of the blue and was/still not listed....

I agree
To go to any court and present an ultimatum is a ballsy move and it never sat right with me and I have always considered there was an alternative plan to this - Apart from tax/death - nothing is certain....
This bullish attitude maybe what also rubbed the FCA up a few weeks ago.. Perhaps some pea****ing went on behind the scenes.
The board I'm sure will have alternative undisclosed ideas, considering the bond holders in place.
Would anyone go to the trouble of drafting all those contracts involving millions of pounds etc on a company facing administration....
Whilst their holdings maybe safe, would they really waste their time if there was no certainty? IMO They are in it for the long haul.
We now know all the cards are on the table - Amigo knows what the Judge/FCA require. It is now up to Amigo to deliver.
And looking at the board / the bond holders - They are all eager and ready to launch Amigo 2 and will come up with a solution soon ( if they haven't already ).
All IMO and please DYOR