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Senator that is probably the funniest thing You have ever said! Lol
‘James benamor doesnt have the financial resources to take out the existing debt and provide more debt for growth’
What makes you so sure what he is worth?
He is in the Sunday Times rich list.
So tell me genius what would you be worth now if you (say for example) invested 350 million pounds in FAANG stocks when he floated Amigo holdings on the stock exchange years ago.
You say you are good at accounts so please work it out. What is his potential net worth?
Then perhaps explain why he does’nt have the “Financial Resources”
But its dated today.
Which implies a slump tomorrow or in the next couple of days.
How could they know that unless there is market manipulation going on?
Does anyone know how to REPORT THIS TO the FCA?
If the broker IG knows that there will be a slump In share price tomorrow?
Are they guilty of market manipulation?
Should this be reported to the FCA?
Sole trader.
I 100% agree.
I hope this is what happens...
There has been talk That the previous vote was manipulated. On James Twitter feed.
If we are forced to Trust our investment in this board after the vote.
What next?
Sole trader.
I too have a substantial investment in Amigo.
If the board manages to manipulace the vote again.
What are your thoughts on one of the Bb members suggestion That there should be a shareholder vote to put the company into voluntary liquidation?
For the current book value of 35p
Before the board does any more damage?
‘ The Loan Ranger” Part 4
The board of Amigo Holdings has clearly demonstrated that it wishes to block any takeover by James Benamor who asserts his wishes are to defend the rights of the shareholders and the core business.
Given the Amigo shareholders concerns that the Boards actions in the last 12 months have appeared to systematically destroy the share price from over 250p to its current level:
As a last resort and should the board fail to immediately address the concerns of the shareholders (Highlighted in Part 3), and decide to not immediately start representing the interests of the shareholders:
Shareholders have the legal Right To Demand A Vote To Put The Company Into Liquidation.
Current listed Book value is at 35p per share.
Many investors are now questioning How much will the book value be if the board are allowed to continue the destruction of the share price?
As you are aware there are many Private investors who have suffered greatly from the monumental and deliberate fall in this share price with Investors raising several legal issues relating to possible legal action available to them.
In addition to those matters discussed previously by shareholders, there is also a legal precedent for shareholders to hold a vote to put the company into liquidation whilst there is still a healthy unrestricted cash float of 130 Million Pounds plus company assets:
Under the Insolvency Act 1986, shareholders can adopt a special resolution for a voluntary winding-up. The shareholders will appoint a liquidator for the purposes of winding up the company and distributing its assets.
If the collection and distribution of assets takes more than one year, the liquidator must call a general meeting at the end of the year.
Given the concerns expressed by shareholders previously about the flagrant and deliberate attempts by the board to destroy the share price and continue to irresponsibly lend to “Key Workers” that subject to the FCA’s investigation can potentially be written off from the companies current assets:
Would it not be in the interests of the shareholders to adopt a special resolution for a voluntary winding-up before more damage can be done to the company & share price?
The company still has substantial assets with the book value currently listed at 35p per share.
Many also have extreme concerns around the negative impact on the share price, should the boards actions be allowed to continue, the board will be afforded further opportunity in the direction of insolvency and into the hands of KPMG.
Have they not demonstrated consistently to deliberately drive the share price down by 95% in less than 12 months?
Has all the assertions from shareholders regarding the boards negligence, default, breach of duty & breach of trust given them no other alternative than to undertake a shareholder vote to adopt a special resolution for a voluntary winding up of Amigo Holdings?
35 p per share. I will definitely sign up for this!
So let me get this straight.
If we the shareholders vote to adopt a special resolution for a voluntary winding up of Amigo.
We get 35 p per share?
The current book value
It’s a lot more than the board are doing, they can not even be bothered to tell us when they are going to start lending again!
That is what’s driven this share price down from where it should be.
Over £1.05 according to the founder.
Which makes sense. It was £2.50 less than 12 months ago and still should be.
If we’re good enough to loan to “Key Workers” why can’t we run our business?
ITS AS IF THEY DONT GIVE A DAMN ABOUT US!
SO WHY SHOULD WE GIVE A DAMN ABOUT THEM?
Scrambler
Thank you for your acknowledgement.
I was not aware as a new investor was infested with these types, but am mainly concerned with this individual And his statements as I have my pension invested here.
The recent quarterly RNS states clearly:
“We are on track to meet the agreement reached with the FCA to resolve our complaints backlog and continue to work with the FCA on its ongoing investigation. We have adequate liquidity and funding to support our ongoing business activity.“
Ha VILLAN d 5’s statement that this company will go bankrupt Is libellous, and as I stated previously indicative of an individual involved with an organisation involved in a “Short Attack” on this company with inside knowledge contrary to the companies formal statement.
This appears to be just one layer of much more widespread criminal activity.
Please could any other investors research the article “Anatomy of a Short Attack” as I would appreciate your feedback in relation to this company.
There appears to be a great disparity with the number of shares being traded daily given that there are only 475 million outstanding shares.
Especially when the founder has stated that over 50% of the shares he sold are in the hands of investors who would back him.
This appears to be indicative of a “Short Attack” perpetrated by De ha VILLAN d5’s employers.
My grandfather is a QC and perhaps I have had a little to much experience with the Royal Courts to totally dismiss this all as mere coincidence.
I will appreciate all genuine investors feedback and or further investigation on this matter.
Ha Vilan d 5
I asked a straight question without any profanities without response regarding your involvement in an illegal “Short Attack” on this company?
Other investors please feel free to google the article “Anatomy Of A Short Attack”, which clearly states one level of this multi layered attack involves hiring paid individuals (Badgers) to infiltrate boards like this to panic investors into selling into the manipulation.
As someone invested with their pension I am extremely distressed by your comments and assertions, which I am sure causes much anxiety for many other genuine investors here.
Your statements:
“Administration by 2021, if not before”
“You heard it hear first”
“Tuesday the price falls”
Are indicative of an individual or Organization that is actively privy to inside information in relation to an illegal “short Attack” on this company involving counterfeit shares.
Your actions are clear indications as expressed in the article “Anatomy of a short Attack”.
Havilland5
Can you confirm or deny that you are involved with an organisation involved in criminal activity concerning market manipulation, which may or may not be currently under investigation?
I sincerely hope that your “Insider Information” regarding bankruptcy and accurate prediction of red days like next Tuesday do not come true.
If I were James Benamor I would also seriously consider launching a private investigation as to whether the company was currently a target of a “Short Attack” designed to result in its bankruptcy.
There are many decent hard working people with their pensions and or life savings invested in this company that do not deserve to be hoodwinked by a bunch of criminals.
Ha Vilan d 5
As someone invested with their pension I am extremely distressed by your comments and assertions, which I am sure causes much anxiety for many other genuine investors here.
Your statements:
“Administration by 2021, if not before”
“You heard it hear first”
“Tuesday the price falls”
Are indicative of an individual or Organization that is actively privy to inside information in relation to an illegal “short Attack” on this company involving counterfeit shares.
Your actions are clear indications as expressed in the article “Anatomy of a short Attack”.
Other investors please feel free to google the article “Anatomy Of A Short Attack”, which clearly states one level of this multi layered attack involves hiring paid individuals (Badgers) to infiltrate boards like this to panic investors into selling into the manipulation.
Havilland5
Can you confirm or deny that you are involved with an organisation involved in criminal activity concerning market manipulation, which may or may not be currently under investigation?
I sincerely hope that your “Insider Information” regarding bankruptcy and accurate prediction of red days like next Tuesday do not come true.
If I were James Benamor I would also seriously consider launching a private investigation as to whether the company was currently a target of a “Short Attack” designed to result in its bankruptcy.
There are many decent hard working people with their pensions and or life savings invested in this company that do not deserve to be hoodwinked by a bunch of criminals.
As a health care worker who has invested their pension in this stock, I have been horrified to see what has happened to the share prices Today.
Like many who have been let down by poor interest rates and lost money with banks investing our money in the stock market We have been forced to look at other investments such as stocks, to try to take control of our own retirement funds.
I chose this company as I felt it was a good business model that actually helped me to purchase a car in the past to commute to work.
I understand there are many on here who are institutional investors etc Or who have other motives, but I have also seen many people like me here today who are in a state of shock at how this stock did not rise today to the extent it should have, given the founders guarantee to purchase the stock!
I really feel for others on here who have posted today in shock and Awe at how this stock price has not gone up proportionately to the news announced by the founder.
Does anyone else here feel like the markets have been manipulated today?
After seeing some of the other comments here today with suspicions from genuine investors, often with their first post Like me (after following this forum for months to keep track of and learn about their investment), I have done a lot of googling about stock manipulation.
Many of the people on here are called “shorters” By other members many of whom make scandalous claims (perhaps even libellous) and so I decided To google some meanings.
Mainly topics like “Short sale”, “Naked Short” .
Interestingly enough my search I came across a new term called “counterfeit Shares” and “Short Attacks”.
It is odd but today’s price action does appear to fit and could explain to us genuine investors what is going on here?
Things just do not seem to add up.
Also, looking at the Hargreaves Landsdown volumes of this share being traded just simply does not correlate to the number of shares that exist.
Like many of us here that use this board who are just small fry (Just our life’s savings from what I have seen here there are many with their hard earned savings or pensions), perhaps just 10’s of thousands or even 1000’s. This may not sound like a lot to the “Big Boyz” or Institutional investors but to us it represents years of hard work.
Sadly as investors like me do not have infinite resources it is very hard to take action or investigate further there are suspicions over market manipulation.
However collectively we could perhaps look into this further to see if there is anything untoward going on here?
I would be interested to hear from genuine private investors on here as to their thoughts as to how collectively we could look into this in more detail?
A private message if you prefer.
Does anyone else feel like this stock is being deliberately held down for some reason?
Does anyone feel that there should be further investigation of what is going on here?