Member Info for kn0wles

I feel little embarrassed about the limit buy order I set at 13.87p but you never know, pigs might fly, lol

Damn, wish I never top slice profits, may try and put them back in first thing, hopefully for less than I sold but no guarrantee

Good morning all, is anybody else thinking 20p?

To provide comfort to those investors, I will soon pass another irrevocable order to our brokers. This time, a buy order, for 29% of Amigo, to be purchased at any price up to 20p per share, in the days immediately following my appointment and approval as CEO of Amigo Holdings PLC. In this way I’m making the choice easy for investors: Like what I’m fighting for? Vote for me. Don’t like what I’m offering? Vote for me and sell the shares you bought from me, back to me (at a good profit).

A few decent sells went through at the end, I bet a few people are kicking themselves now for being so limp wristed, alot will setting their alarms to buy back in at a higher price, anything under 15p and i'm topping up

LOL, hew too late for the deramps now mate, 20p minimum incoming, ha ha, Fu34ing stoked right now

JB's response on twitter

The call was for Glen to be removed from Amigo Holdings, and instated as CEO Of Amigo UK. Two separate points.

26 August 2020



Securitisation facility

To improve the efficiency of its balance sheet and reduce funding costs, the Group has repaid the £15m (£10.5m net) previously drawn on its £200m securitisation facility. As a result, the breach of certain performance triggers that arose as a direct result of COVID-19 has now been waived and the Company has agreed with the provider that, subject to their consent and the satisfaction of standard covenants for a facility of this type, the facility will remain open for future use.

At the end of July 2020 and prior to the repayment, the Group had total cash balances of £79.8m and gross borrowings of £345.0m. Cash balances will be reduced by a further £8.1m in August when one of the Group's regular biannual interest payments is made on the Group's £285m term loan facility.

Sorry forhee, I hope you can pick up teh pace after a first day bashing at Anfield, lol.

Don't share you enthusiasm Fig, lets hope they are not the new Norwich?

One thing is for sure that after JB's request for change (which i agree) AMGO board will have to the release a RNS Monday either way to address any uncertainty that this has caused the market, I'm believe that GC already had prior warning to this due to the close professional relationship hey had in the past and the respect they have for one and other, good time ahead, IMO

Sorry Fig but I don't think it will be a great start to the season for Leeds, come on the mighty reds.

What is everybody's plans with you huge profit? I'm thinking of going on a huge spending spree at boohoo, quality clothes at bargain prices, will be a huge year for online shopping with COVID.

Just like the people who have lost out to de-rampers like yourself, works both ways. Alot of us on here have been trading this since 5p and I listened to people like you I would not have invested in the first place.

Coffee, its Friday night, I nearly choked on my wine.

Crazy, he founded a once billion pound company from scratch, what did you ever do?

Malpen, you know fine well that it is not the same board that voted against JB, there has been positive changes since so we are in a completely different situation.

I think what a lot of the de-rampers forget is that even with a successful claim against amigo the claimant still have to pay back the loan, its not just forgotten about and given to them as an apology, I believe the interest is repaid with 8% compo, coeerct me if i'm wrong?

Lol, no surprise there, you disagree with anybody other than all the de-rampers with no substance.

Malpen you talk utter tosh, they have money set aside to cover the claims along with 145m unrestricted cash and a loan book of roughly 650m, these are 3 separate amounts, if the money set aside to cover claims which I would assume would be top end and worse case scenario was not enough then what they have if unrestricted cash would easily cover anything over.