Member Info for Malpenn

Interested to talk about what JBs proposal could be, certainly Roger resigns and CFO can do one as well through the revolving doors. That for me is a given, but what else can he demand. Personally I think his shares are in RG holding vehicle or contacts aligned to his way of thinking. But that doesn't change much which isn't known or thought about.
Interested know what people think about their investment future ?

On a comical note you probably don't want me as a shareholder, I followed the mindless ramping into Meldex and Desire Petroleum, so I guess I don't want people to make the same mistakes I did many many years ago, that all no personal upset intended..

Or the other side of the coin which is my concern too much ramping and I can now afford a F type Jag.

Don't get me wrong I've read Mark comments over the months and some provide value but no one should ever say it's going to xx pence that's wrong and stupid people with money they can't lose might follow.
Please just be aware of all the facts and invest carefully, that's all.

I vote JB win !!

I assume that's a summary of what I said tonight..

Totally reasonable and fair I think you will agree.

Good luck , tomorrow with be blue I have no doubt

Took me a while to find it but no one likes to be called out as lying so here you are:

Ramping that your profits in Amigo will buy you an F type but later you still don't have one..

They are very much my thing! I’m not getting new I’m going for about a 15 plate. ( wife will prob end up driving it more than me anyway ) It was a purchase that’s been on the cards since the beginning of the year but ....... well ...... it’s been a funny ole year thus far and only just getting around to it now.

Personally my plan was to hold until the 26th, as I think the results might not be great then buy back in on the 28th for the JB show !!!
What JB has tweeted tonight's changes my plan but each to their own.

Check the date of my Amigo comments to show I brought in at 6 and 7 pence. As i have said twice tonight I hope JB wins.
But I know the cost to people who have not research their investment , is it wrong to highlight the risks ? To me that's responsible

Hillman, I am merely pointing out a balanced view i.e. I hope JB WINS !!!

But I've watch mindless ramping all evening and this share has risks. I am a massive holder but I have checked all the board member status and happy to share what I know.

If I get called a twat I will reply with facts !!

Sorry Mark you were ramping months ago about buying a brand new F type jag on your drive when Amigo spiked to 18pence a while ago and yet weeks later you were still talking about buying on with your profits...
Too funny... And not any valuable comments about Amigo to my knowledge !!

Sorry, just the confirm Johnathan role as non-executive director does not need FCA approval, that's why he is on the website but chair role does need FCA approval. Not approved yet

You stack up the incorrect comments and I will knock them down !! Peoples money are at stake here and not everything believes this will turn out 100%
Don't get me wrong I hope JB wins and changes the face of applications getting away with lying on applications but it's a tall order

Wrong again... The new chair has not been approved by the FCA only his other role.

And you invested money ...

No he has not been approved, otherwise he would be on the website as the CEO !!!

Simple logic needed.

My personal view is that results on the 28th will identify a higher redress value and show what JB has been saying all along, the current board have been there for themselves, lending without care.

Can JB recover the business, win against the FCA and fund everything while the FCA go very slowly.

Thats the gamble "Red or Black"

Going to be fun watching!!!

Just limit risk, there is a massive reward if JB can win against the FCA.

I am on a free ride with shares but I would stress it's still high risk, nothing has changed in the past few months. Apart from Glen's appointment (subject to FCA approval)

Take the current loan book value of around £640 million, on the last web call they said there wasn't one particular part of the book at fault for complaints. So worst case 80% is currently at risk, nothing is stopping CMC sending in complaints at no cost to them, go to FOS and it costs Amigo £600ish, that isn't going to change in the short term.
My concern, which should be answered in a few days is will JB be putting in enough cash to secure the whole business or is this just an ego trip for a very wealthy individual to battle against the FCA and embarrass Hamish to what he should have done last year.

earthling, nothing has changed.
Everyone knew that JB was selling his 1% per day to get rid of some of the board members.
He needs to win against the FCA/FOS to keep the business alive. JB has said accept complaints go to Admin, fight and lose with FCA then admin. Win against FCA then business grows very quickly.

Changing their acceptance criteria will certainly help but all the cash held is less than the current bank loans.

Too many people here don't understand the facts and think this is easy money, understand the risks.

What does JB have to lose ? He wants certain board members out of "his" business and I totally agree they have trashed our SP and money but name one company who has taken on the FCA and won.
Glen still has not been FCA approved for CEO role.

Will the FCA take kindly to be made to look stupid, No they will not.

It's been a great day but as an investor I am still concerned about the impact of upheld complaints, we know the redress amounts that have currently been considered but when complaints are upheld it's not been talked about that the guarantor is released from the contract. Leaving the borrower to make any remaining repayments, my concern is the value of the current loan book. On the last web call there isn't a certain section of the loan book which is at risk of complaints, so we need to consider it's largely at risk of complaints. Remove he guarantor and you have a borrower who probably isn't going to be a value bet to make the repayments. I brought into Amigo at 5/6 pence so I am aware of the risks but new investors probably aren't

TikTok does NOT provide the following, this is where 7digital software is used and why it's clear that TikTok does not currently use 7D in the same way that Triller does

"The label, artists, and publishers get credit and revenue from steams and the associated streaming fees. Unlike other platforms, TRILLER is dedicated to artist-centric growth and directly helps artists with their billboard charts by elevating their stream counts."

It would be mis-leading if you implied that 7digital provided services to TikTok

Users were migrated from musical.ly to TikTok.

https://variety.com/2018/digital/news/musically-shutdown-tiktok-bytedance-1202893205/