Member Info for Magpies1862

Well .....
If the Irish arm of Amigo can be revived and brought back to life by it's 'local management', then I can't see why the parent company can't be. !!!
What we need is a couple of Dragons with vision .....
Someone give Peter Jones & Debbie Meaden a ring.....
Jonesy can afford it....
His net worth is circa £1.1bn !!!
Amigo.v2 could be his next Reggae Reggae Sauce....
To be sure, to be sure, to be sure !!!
;-)
GLA

Jimbo....
Is that the parallel universe where Amigo Holdings Plc rises ....
like the proverbial Phoenix from the Ashes of this 'Bonfire of the Vanities !'
...............
With Capt.Benamor at the helm, steering a course back to a £1bn valuation ???
;-)
...>>> https://youtu.be/cfnReAACXxg <<<...
GLA

The question has been posed several times......
But I haven't seen a definitive answer !!
................
From Amigo website....
"The Fallback Solution requires that the trading subsidiary, Amigo Loans Ltd (“ALL”) stops lending with immediate effect and is placed into an orderly wind-down, with the result that all surplus assets after the wind-down are transferred to the Scheme creditors. In due course, ALL will be liquidated."
..................
Now as I see it Amigo Loans Ltd. (ALL) is a subsidiary of Amigo Holdings Plc and once 'ALL' is liquidated the value of Amigo Holdings Plc will be determined by whatever standalone assets it has.
......................
Therefore does the current share price imply that the 'market makers' value Amigo Holdings Plc's current assets at just shy of £1m ???
If so.... what assets ???
....................
At this valuation...Benamor could buy it out of his kids' pocket money !!!
GLA

Errr...
Technically... don't we (shareholders) already 'own' it ??

Is there a transcript of the investor call ??
GLA

chiqueyboy....
the news is a lot like history....
very subjective.....
and you must always take into account the view point of the 'story-teller' !!
;-)

IF Putin's mercenaries are doing so well.....
How come he now finds it necessary to deploy tactical nukes in Belarus ??
;-)

Soft Kitty, Warm Kitty, Little Ball of Fur,
Happy Kitty, Sleepy Kitty, Purr Purr Purr.
..
.....>> https://youtu.be/m8MIf85-LF8 <<.....
;-)
Nite Nite.....

Ok Ben...
So knowing sumfink you think we don't gives you a hard-on.......
Well if you let us know you can give yourself a 'happy ending'......
;-)

Nano.... surely you don't mean 'Humble' pie ??
;-)

What's the plan ??
Answer....Equus Mortuus Verberari !!
;-)
Good Luck

Someone should give Curly, Moe & Larry a call.....
I'm sure that they would be happy to join the cause....
;-)

With Benamor anything is possible.....
Who knows what Monday will bring.....
Stranger things have happened.....
Fingers crossed !!!
;-)

CS....
A 'managed wind-down' is not "administration" !!!
As such , the £97m would remain ring-fenced, I believe.....??
GLA
;-)

Tibbsy....
With Benamor anything is possible.....
Stranger things have happened.....
Fingers crossed !!!
;-)

No !
Well not yet !!
Plenty of time for AZ to pull his finger out !!!
Mind you, if nothing's happened by end of 2024 , I may have to think again !!!!
;-)
GLA

""Hi Mo Any lawyers you know who are willing to take it on no win no fee basis ?""

Plenty of CMC's out there.......
Oh, wait a minute....
They're the barstewards that forked us over in the first place !!!
Bogger It....
;-)

Once Benamor steps in and sorts out this ruddy mess .....
... it will probably take 24months for him to get Amgo.v2 up and running successfully......
Market sentiment could then see this over £1 ......!!

..... or next week following a 400/1 consolidation !!!!!
;-)
GLA

BSB.......""Looking all set for the massive tick up.
What could possibly go wrong! ""

You couldn't resist it....you had to ask and tempt fate....
Well I hope you're happy now....
Look what you've done !!
;-)

No point in attempting a consortium......
Benamor will beat you all to it......
The reason the shares haven't been suspended is simply to allow him to hover them all up for a pittance and then he can get his 'baby' back by calling an EGM and appointing an FCA approved CEO.
Control by Proxy !!
;-)

Of course it's not over yet.....
Miracles do happen.....
England just beat Italy in Italy with 10 men !!!.....
So there is still hope.....
Keep the faith......
The Rubenesque female has not warbled yet !!!
;-)