Member Info for Lioness

Starting to really dislike weekends hahaha - roll on next week GLA :)

Chickenlegs I agree. I also work within hospital/NHS (non clinical but around plenty of patients) and face masks are supposed to be changed regularly (4 hourly max) - the cost implications to the NHS with these masks would cut down the amount of masks having to be ordered due to need to change them less frequently and also environmentally less masks disposed of - all with the bonus of better protection - this is a no brainier IMO

Have been thinking the NASDAQ and US election may be having an influence on sentiment at the moment as we are due to be listed in early ‘21 - I think SP will bounce around this price until the dust settles on the result then a steady climb IMO.

Have been topping up when I can and looking forward to the rise when it happens.

GLA :)

Not sure if you mean my going for a walk means I am Wolf hahaha......what is going on in your head!

Hi Demon - just to clarify - when I replied I hope it was clear that I was apologising for using the word profit instead of revenue in my original post on that thread ONLY! I do not agree with Wolf’s doubt inducing posts, nor do I sit anywhere near him/her LOL!

My point was that I do believe in this Co. but don’t think it’s going to happen overnight. Also the potential growth is phenomenal - I realise there are going to be plenty of ups and downs on its journey and I am here for the long haul.

In the meantime I am waiting for the rain to clear up to go for a lovely autumn walk.....and possibly a Prosecco or two while they are still serving.

Enjoy your weekend everyone whatever you are doing :)

Would be great to get ‘the’ RNS tomorrow COP for a real Halloween nightmare this weekend for any open shorts :)

.....would also be a lovely Christmas present if late December......either/or happy to wait

GLA

Would be great if THE RNS came tomorrow after COP and make a real Halloween nightmare for any open shorts :)

GLA

Hopefully a short closing :)

Hi all - have a small holding in a regular share acc compared to most, been holding since it came out of suspension - my ISA just came live yesterday (has taken 6 weeks to sort out) and got a buy order in this morning - fingers crossed it goes through. Been watching this and reading the BB throughout - thanks to Rowka, Tillywizz, Ian etc for the fantastic info, humour, bot fly bashing and entertainment....and of course Septic Lil. Feeling really positive and happy to wait as i think this will make us some money which for me means I will be able to help my kids have a better start in life. This year is starting to look up and don’t we all need some good news for a change.

GLA

Clemoc - I agree an increasing short position is concerning, but on the positive side If the interim results on 29th are positive/better than expected, then this will steady the SP as the future will be more certain with or without a deal - it will also help with terms when restructuring debt IMO - the shorts do not know everything and many are hedging with long positions too so they are not certain which way this is going - also they will have to buy out of their position at some point which will hopefully raise the SP.

Good luck with your re-entry point of 32.7p and hope we all make some money :)

I have decided to keep holding as I think the interim results due on 29th Sept (also deadline day for offers or extension granted) will be positive and should be reflected in the SP. The fact we have not had an update as this has been postponed - original date 11th August - could be an additional factor to the volatility. If results are positive which I think they will be, then hopefully this will settle down. Even if all parties walk away with no deal my feeling is the results will stop this from going back to the low 20’s or high teens and long term will get debt restructured and recover steadily. In the meantime the huge UT and £2m sell will see this down on Monday and more volatility to come next week. I hope I have made the right decision and in less than 2 weeks we will all know a lot more.

Feels like a game of poker.....got to know when to hold and when to fold.....I am holding for now as the river card is still to be dealt and looking for a full house lol.

GLA

Hi all. I was just looking on Amigo’s web site and noticed these awards:

MONEYNET AWARD 2020 - Best mid cost loan provider
CONSUMER CREDIT AWARD 2019 - Best guarantor loan provider
MONEYNET AWARD 2019 - Best credit builder product
BEST COMPANIES 2019 - 2 star ‘outstanding’ accreditation
BUSINESS EXCELLENCE AWARD 2019 - Excellence in Financial Technology
CREDIT EXCELLENCE AWARDS 2018 - Alternative Lender of the year finalist

It got me wondering how they got so many awards and then get investigated by the FCA for irresponsible lending! Did none of these companies have to look into the people they are giving awards to? I would’ve thought they did and awarded Amigo accordingly as surely their reputations depend on it.

If that is the case then I am more positive about the final financial outcome from the FCA investigation and I think with cash in the bank, payment holidays ending and new lending hopefully starting by end of year we can get back on track (If we get a good BOD that is). Very interested in the next financial update on how the complaints are dealt with.

GLA

Just wondering that surely a rise with no news should cause the co. to issue a “speeding ticket” to say they know of no reason for the rise.....the fact one has not been issued yet may mean they do know a reason for the rise and we just haven’t had any notification of it yet - anyone have any thoughts re this?

GLA

This is a great RNS and all those that said this company was a con have now got reason to believe this is a disruptor with huge potential. The Chairman and CEO of Epic know more about this sector than most (especially me) and if they are on board then my confidence has been justified - looking forward to today :) GLA

Epic's Chairman and founder, Guidi Ferrarini, is a founder and former director of the European Corporate Governance Institute, Brussels. He was also a trustee of the International Accounting Standards Committee, London, and an independent director at a number of Italian blue-chip companies including Telecom Italia and Telecom Italia Mobile. He was previously an advisor to the Draghi Commission on Financial Markets Law Reform, to Consob and to the Corporate Governance Committee of the Italian Stock Exchange

Epic's Chief Executive, Andrea Crovetto, is Chair of ItaliaFintech, which brings together leading Fintech businesses operating in Italy, and has held Chief Executive roles at several leading European banks including Banca IMI Intesa Sanpaolo, and Tradinglab Banca a division of Unicredit Bank.

Epic is a leading fintech platform for working capital solutions, enabling small and medium-sized enterprise (SMEs) to present their development projects - including the inventory monetisation® service - to a selected audience of qualified investors.

Hi all - I saw this article about AA underwriting company which went live earlier this year

http://www.actuarialpost.co.uk/article/aa-underwriting-insurance-company-limited-goes-live-9064.htm

GLA

I thought I saw on this message board a while ago that Umar Kumani of PLT/Boohoo tweeted about Amigo (and SYME) with a signing emoji, then I think it was deleted....could be he has bought some (under threshold) and possible ally.....just a thought

Goldeninvestor - thanks for the info much appreciated - never wanted a bank holiday to go quickly before, hoping for news early on Tuesday - GLA

Thanks FigTreeHarry

Apologies BaxterSoup it was my misunderstanding and his message was not stated as buying back at 1% per day and could indeed buy them in any amounts up to 29%:

Copied from JB message yesterday “I do understand, however, that there are a minority of private investors who hold shares in Amigo and may see my return, and the stated possibility of Glen’s departure, as a risk they are unwilling to take. Those investors, who believe Amigo will be worth less with me than without me, are shareholders and need to be heard and respected. 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).”

Thanks for the clarification :)

Thanks BaxterSoup - I could’ve misunderstood but I thought I saw someone post his twitter message yesterday that said he would buy back at 1% per day also