Member Info for mark_rs

Looking to add but concerned with these upwards movements like Monday

One side of me believes we’ll see 5p but ????

Really thrown me this share has now...

Yeah I think 5p is a real possibility just because they “the corrupt system of mm’s” can and there’s a support from Back last year they can use to justify it...

Crazy but wouldn’t not surprise me at all..

Stranger things have happened these last few days hey

What’s your opinion on the other II’s currently??

After being ****ed off and masking too many questions in my head ... I took alot of time reading through the article this evening

I got really really annoyed this morning especially after yesterday’s spike thinking everything was good (almost a double hard hit)

I now Believe what needs to be done to get passed is perhaps as in the article

Im Kind of afraid to top up but I see this maybe going to 52 low (5p) just because they can drop it and then I’m thinking it’s got to be worth more

I’ll probably talk myself out of it by morning

I don’t know what good news is anymore..

Can we trust the BOD??? trying to get a insolvency past a court when it was clearly not the old option,Jesus.. I’ve been right behind this from the start but now the truth is coming out I don’t know weather I want to get back in or not now...

Are the FCA out to kill off amigo, or will they do the same again and okay along..

What a mess

I’m just Concerned that you should never poke a stick at the court, now the court have said your not going insolvent (if they don’t) this just looks terrible...

I don’t know.. I was very bullish on this and getting it through but I’m open to say looking at how it’s panned out.. it’s good that amigo won’t go insolvent

BUT

Makes them look like there trying to pull the wool over everyone’s eyes with the insolvent piece.. doesn’t look good now does it, will customers see this and get their backs up etc...

I’m not sure even the FCA are bothered if we go insolvent now... I thought they were trying to sort things out for all parties but looks like they are there to say “yes” or “no” which is a huge gamble now

I don’t know.. the board should have negotiated better if they could of, if not, not gone in so strongly (but who would have known hey)

it’s a mess what ever way u look at it unfortunately

The only thing that concerns me now is they have almost lied to the courts with the insolvency issue and now all customers who have voted for the scheme might take a negative stance towards them and towards the FCA now...

Shame but it’s a mess for sure...

Convinced they would be negotiating but Wonder if they did now after the court date

Defiantly manipulation yesterday with the SP though

https://www.fca.org.uk/news/statements/response-amigo-scheme-rejected-high-court

Clearly the FCA have played a harsh but very strong card with calling BS on the insolvency and it’s worked, Shame it’s not been accepted for everyone to get on with everything

This is the response this morning

https://twitter.com/thefca/status/1397083527456468995?s=21

Quite the opposite if we look at the trades (look like huge buys) from Friday

Fingers crossed

https://twitter.com/10bagging/status/1395780726453379077?s=21

Nice insight into the claims fraud experienced by amigo from the old Boss JB

You’ll have to scroll through the tweets to read it all bits its a good read

https://twitter.com/jamesbenamor/status/1391698908548681737?s=21

These were the huge trades on Friday, largest ive seen I just admit, clouded by everything else this could be nice news

https://twitter.com/10bagging/status/1395780726453379077?s=21

If someone saw the volume of buys this could line up as buys

Didn’t the judge say something like:

“What do you expect to get an a la carte list of options”

He couldn’t have put a better sentence... let’s have 10 options shall we just like any case going to court

This was a very risky move by the FCA but they came in late with barrage if questions to stamp there authority and “force” a batter deal or at least get something for the customers

Anything better than the scheme in its current format (doesn’t have to be much) will be a success for the FCA and makes a blue print for any SOA cases in the future

Remember these SOA will be applied for again and again by firms (some not as transparent as amigo as an easy way out) so they have to make a stand now to get this right...

We all know once things go though in court it can be used “against” or “for” other cases

I believe it will be passed in its current form or with slight amendments

The crash yesterday was a good thing to get it passed in its current form, this is a 1-2 year share to get any good value with the lending etc so short term gains don’t concern many

remember :

FOS voted yes
Customers voted yes
creditors voted yes
FCA didn’t appose it at 1st hearing
institutions still buying
Court case was only to trial if the scheme was fair

judge has gone away to look at all
Evidence and see if we can to a deal

It’s no good for anyone to throw it all out...

I believe The FCA case was a purpose planned shock attack which will force a slightly tweaked better scheme, or proves amigo will go insolvent and it passes in the current form

anyway enjoy your weekend, a deal could be done and a RNS could drop at 7am Monday

Yuri

Have u been hear for long? Because you’ll know and if I follow morningstar website that these all lined up with the JP, bybrook, buying and swapping etc etc over the past month..

So on that info alone I’d say that website is accurate to what ever is going on

Great to see IMO

Did the woodlard review ever get published to read?

SOA details passed at first hearing
FCA happy with scheme details at first hearing
SOA passed unanimously by creditors
SOA passed unanimously by Customers
SOA passed by ombudsman

Reading between the lines and thinking of the
Bigger picture the way the FCA came
In all guns blazing was a shock and the Only way of getting a better deal from amigo

It’s no good to anyone not
Passing this, as it takes down everyone, and doesn’t look good on a court and FCA to send into admin

so it looks to Pass (with conditions) which is the sensible option for everyone

No ramping or de ramping just the facts u can look at and make A bigger picture not just look at the days SP

scare and drop on patchy news, gather the shares then bounce ready for the decision

All in a days work for the system

Keep the faith as to why we’re all invested... amigo will sort itself out and be a good company once again

scare and drop, gather the shares then bounce ready for the news

All in a days work for the system

Keep the faith.. last chance to get in IMO

The judge is taking his time and both parties are getting a deal that suits...

This is just how things work out if he thinks there is a middle ground to be had

This isn’t going into admin, or that would have been done IMO