Member Info for schalfenplanet

Yes, but a very Huge potential customer base to bring it down.

O mouse you have a German passport...I knew liked you.( as person) . :)

As for data Protection if someone wants to breach now, well that's there choice.....just hope they like the fines 3 months on and what's even worse the negative publicity which can be even more damaging .

To be honest mouse I do find a lot of non compliance with quite a lot of companies especially over article 6 ( consent).

Ever get a problem with a contract..contact me

Mouse, a data Protection impact assessment would need to be done if working from home.

However, if you look at offices they are spacious and can easily be made covid safe .

Seamus12, as for stocks at the moment, I would personally consider this a safe stock, because when you look at the debts of others ......its a little bewildering.

I believe without stoking the flames of silliness we going to be OK, if we can keep the faith.

Seamus12.

Normally when waiting for news , it can be like a roller coster.

Investors shorting ; then others panicking only buying back in at higher price, when they feel it safe.
I am surprised people are shorting this stock due to only it averaging 350 trades a day, and fluttering only by at most a penny. Where other stocks average 1000 trades and flutters by 3 pence on average.

People have been burnt some badly by hype on forums.

As shareholders we must keep together and if we got ( my belief) a fantastic CEO we must keep him without him the stock will fold( my belief).

I have a lot of experience of working for various CEOs of multi million pound company. I have witness personally what I'll suit CEO can do to a company and what a fantastic CEO can do, especially when the chips and odds ate against the company.

Be safe, keep safe

Mark, if youlook at their offices, they are in my view elegant and spacious.

So there is no reason why they cannot be covid safe

Sorry forgot to say the odds maybe against uus and out numbered ( but we got gary). Then that's when it gets really exciting.
Please becareful, don't over extend and remember you can lose.

On the other hand don't panic at any drops keep the faith . Remember bad news will come.......it would not be exciting otherwise....be safe

Mouse, what I love most is risk. When you and others are in the unknown .....I.e the chops are down.......it brings the best out of people....but I agree don't put your love ones in the dirt. :)

Guys please becareful, seen people remortgage their homes and put life savings in shares , only to loose it all.

Ref: Sirius mining

late eighties early nineties, only span about 4 1/2 years ....PVR due to my records being messed up. Obviously I was BAOR

no offence taken

craphats................really? would of been interesting what you would be saying if you were stuck in a bunker/building with a Pomz mines place around you

I was a sapper in the Royal Engineers , I was involved in two operations, in one of the ops I was specially trained in computerised mines.

I also gained experience in clearance booby trap devices in one of the operations, so payment by the crown

Mark if I may call you by your first, I am very respectful to your post, I am extremely respectful to your position.

In regards to risk, its what you find tolerable, I used to risk life for payment, and the risks were grave. So my acceptance of risk in regards to money is ........or could be a lot different to you.

As for being wiped out by bad stock, its nearly happen over 10 years ago with Linco ( an American stock) I was lucky I got out in time( foolishly then I had borrowed money to buy the stock).

Other that I have been extremely fortunate to pick AFC stock when it was at 3 pence a stock , managed to stay clear of Sirius mining at 22 pence a share.

But to be clear, I am very respectful of you and your post sir

Point of correction due to prediction texting I meant Gary Jennsion has C.E.O not Gary Jennings.

Blue, its my opinion, I get the feeling you maybe feeling a little vulnerable. Lets do a risk analysis together. Anyone else forgive me if I miss something out.

For a successful company its needs a product that is wanted ? In amigo case its offering loans to clients who have sadly been unfortunate and have not been able to get a good credit score. So yes, Amigo is a good choice(my belief).

Is Amigo at risk of being delisted or going into administration ? Yes there is a risk if a S.O.A and other hurdles are not negotiated and agreed to in Amigo favour, So Yes there is a Very big Risk. Also CMC's also bringing in claims without preventative measures in place.

Is Amigo unique to the market? Yes other loan companies are charging more to the less fortunate

Do credit loan companies go into administration? Yes quite a few I believe I can list at least 8

Most important ,since the company has had the impact of a less than desirable image upon itself, has there been a change at the top?
In Amigo case yes, I understand a few but more importantly there is a new C.E.O

The new C.EO has he got experience, the expertise ? Yes Gary has the experience turning round three other loan companies Hitachi loans being one of them.

Has the C.E.O tried to understand the problems of Amigo Loans PLC ? Yes he has invested in a root cause analysis to understand the problems ( that is amazing action to take and shows a highly competent C.E.O )

Has there been recruitment or redundancies ? In Amigo case I can only find recruitment which is positive.

Is Amigo a good place work? When you look at the photographs of Amigo workplace it, looks very nice which is a very strong indicator of a happy work place...happy workplaces have a strong chance of survival because its down to the commitment of the employees to make it work.

If the S.O.A does fail, its that the end of the road. I believe not. Experience as taught me there are also other avenues to proceed down , maybe less favourable and difficult to negotiate.

I would like to be transparent and state I could be a bit favourable towards Amigo Loans PLC now Gary Jennings is in charge and to be specifically clear I would not invested in Amigo if Gary Jennings was not C.E.O

Transparently I have 184,916 shares if it crashes, it will wipe me out on the stock market..........But I feel confident, but anything could happen and I am used to risk , but I always mitigate the risk until its acceptable

Blue, my advice is do your own risk analysis. To weary of others opinions for they could be erroneous

Hi Blueskyboy,

In Amigo case yes. Gary Jennings has a good solid track record and look at what he has done so far......

I'II have concerns that there is erroneous data, advice or both being bounded about on the forum. I would like to stress to all those that read these posts but do not comment, to be weary. Please do not over extend on your finances in buying this stock or other.

It is very tempting to listen to others and then act accordingly including taking out loans in the hope of a get rich scheme that could fail ( people will do this to try and escape their predicament they are currently in, I really don't blame you its tempting).

It is my own belief that has we get nearer to March potentially Amigo could become a little bit more unsettled by unfair press releases or just rumours as we wait for answers.

Remember we are in a pandemic, lockdown, so ask yourself an important questions will Amigo be lending in a pandemic ?If it does lend will there be a complaint later that could be potentially upheld? Will Amigo get the favourable answer it is waiting for? Will there be a demand for its product (personally I think yes).

My position is to hold, including potentially if the stock goes into free fall. It is unnerving seeing thousands wiped of your account but remember the stock market thrives on speculative decisions it could just be negative press, some major / few investors trying to short the market.

Do your homework , search the internet everyday at 7am for news, then make a well informed judgement whether to continue to hold or sell or buy.

If this does not help, then do a risk analysis not just the old quote 'risk verses reward'.
But an indepth risk analysis , which is to look at the stock first ...is there a demand ?
is the stock in trouble financially?
is there a new board? (very important)
The actions that are now being taken by the CEO are they corrective?
are there new job posts being advertised or were advertised?
Are there new people coming on to the board?

Please do not panic if you see an unsettled market, if you see the price skyrocket wait a bit before you buy it should settle later. Most important be informed before you take action just do not act on the current price.

Best wishes and keep safe

Sorry blindinvestor, I have just seen your post about trust. You work for or own a company that raises questions and you want us to trust you.....?????

And you insulted mouse and still have not apologise.......you want us to think you are credible............the more you go on , the more questions you raise ?

I think first apologise to mouse for your vulgar suggestion