RE: Havilland, please provide details6 Sep 2020 11:52
To me it looks like Amigo have claims under control but that is a guess as we don't know exact numbers yet. But it does look like there has been enough money put aside for this and we still had a small profit in Q1. Debt is coming down so believe we will be find come Dec
Q1 report was better than expected and seems to imply Amigo are working with FCA to sort future lending. Remember the FCA wanted them to lend to Key workers during the COVID crisis. Repayment holidays are coming to an end. Market will huge when they start lending again
I'm sure Q2/3 will not be pretty but there aren't many that will be, 2021 ? I can't see how you can predict as so many potential outcomes to current situation. If we get BoD and JB out of the way, FCA sorted and lending again I see good profits next year but if I put a number to that I'd be totally guessing
And the last reason I;m here is the actual spat between JB and board- JB is down to 0% next week from dumping 1% a day for the last 60 days so that is nearly 5m less shares floating around per day from next Thursday. Also why would the people closest to this company be fighting for it if they thought it would fail ?