Member Info for Mousekewitz

I know that Amigo will have an excellent legal team. But perhaps it may be worth emailing them a few things. The bit Inforanickel found out about a similar case in which the ruling was in favour of the company and what Kwazii just posted in here? That way we could prove to the FCA that as shareholders were are contributing :o)

Thanks, Inforanickel. Fingers crossed Amigo will join the far and few rulings.

Thanks, Mister. E :-) When the drama unfolding this morning, I couldn't resist to join the mutual support in here :-)

Inforanickel, is there a case where a court/judge has ever spoken against the wishes of the FCA? I'm asking because I honestly don't know.

That could wreck all mainstream banks. Remember all the cases of PPI Claims against them? I'm beginning to get the chilling feeling, that the FCA's in the world might be on a trip to destroy the financial world altogether. Could be part of the Great Reset? For it all sounds extremely communist/socialist and so similar to what Schwab, from the World Economic Forum, wrote in his book "The Great Reset".
Note: I wouldn't advise the above book as literature to be read before going to sleep ;-) It's chilling! ;-)

Mark and I have the feeling the Amigo Team is having an all-nighter tonight. For the demand of asking shareholders to contribute, might open yet another can of worms. There are shareholders who have benefited from having received divis in the past, some of those may have been able to sell out when they were in profit. Then there are those shareholders, who bought shares, knowing there won't be a dividend for an unforeseeable time. Some are in profit, but no longer as much as they were. Some may have lost money when earlier today the got caught in stop-losses. I wonder what the plan the FCA has to ensure fairness for all of these individual shareholders. It would be a case of Blanket-Compensation for all that took a loan and blanket-punishment for all shareholders, or not?

Addition to my post below: For crying out loud! That smells so strong of socialism and communism, I think the FCA needs investigated in regards of which political spectrum they stand on.

I don't understand this: "...whilst other stakeholders, such as shareholders, are not being asked to contribute
their fair share to enable the firm to stay solvent. ..."
What more but buying shares and being aware that divis will be a thing that Amigo will or will decide over in the distant future, can we as shareholders possibly 'contribute'? Shall we re-mortgage our homes and donate the money from that???

Hi expru. Provi is done. I've asked my friend, who works (ed) for them if the rumours of Provi having gone into administration are true. Here is her reply:
"Provident is no longer lending. We have not gone into administration but are doing what's called a managed wind down. Apparently, they will entertain buyers for our book debt so who knows someone might come in and buy it and want to keep some people on"
The question if Provi is history she answered like that:
"It will be over the coming months, yes"

Walking and typing? Who are apologising to? A lamp post? :o)

I just had a look at the chart for today only non H&L (click on 1D above the chart) and according to that the worst damage happened 08:51 hours to 09:52 hours and after 09:52 hours it went up with minor drops. Add to that that there were more buys than sales. For me all is good:
https://www.hl.co.uk/shares/shares-search-results/a/amigo-holdings-gbp0.25

Meganx RNS stands for Regulatory News Service. You can up on further details here. Hope this helps and don't worry about asking, we were all novices at some point and none of us know everything. There is always something to new to learn. No kidding ;-)
https://www.ig.com/uk/glossary-trading-terms/rns-definition#:~:text=The%20Regulatory%20News%20Service%2C%20or%20RNS%2C%20is%20responsible,help%20them%20to%20comply%20with%20their%20disclosure%20obligations.

Liquid, I think with the FCA considering the shareholders to contribute towards the compensations, shows how leftist they really are. It comes across as political agenda to me, more than an honest attempt of a positive input towards the Scheme. They should know that it is up to the company to decide if and how much divi they pay. Not to pay any divi at all is not a contribution to anything on behalf of the shareholders. I hope the judge sees that and wraps this and the fact that can't even be asked to turn up, around their necks.

Yesterday the SP was around 29.50, then...thanks to the RNS we opened at 23.36, today's high was 26.88 and today we close at at 22.92
This is not too bad at all, considering the bizarre demands of the FCA that stake/shareholders are not contributing anything. If I was the judge, I'd ask them if they're off their trolley. Of course, we contribute. We bought the shares and are ok not getting Divi for the foreseeable time. How much more contribution are they thinking of? And after that they don't want to be present in court, but send a representative instead, from what I understood.

Putting all into consideration, I don't think we have done too bad at all, today.

Is the Amigo LSE-Board Court Reporter going in again, like last time? That was so valuable.

I'm folding up. I need a snooze. Got put on some painkillers for a slipped disc that knock me for six. When I get back later, I expect you all to have it moved back up to 29.50 again ;-)

12% Profit? on a 180 secs? And you're happy with that? I'd call that a complete fail. I'd feel embarrassed even mentioning that. 12% ... seriously... is there a Kindergarden Club for that? ;-)

Innkeeper? Evil Kneevel? He did say he'd buy up to 30p, didn't he?

+ *single words

Half, it's because most people these days can only read and not complete sentences.

LongTermLover, I feel it's more of the Antifarian Herpes Simplex in the face than chuffing in the name ;-)