I read it and believed it, "There are undoubtably cases where we have done the wrong thing, but a significant number of the claims that we are getting are not genuine claims." But we are where we are now 3/4 months later
Hey Cardinal I think (underlined) this is a possibility In theory, the debt/complaints are owned by Amigo Loans Ltd and not Amigo Holdings Plc Therefore if Amigo loans goes into admin it could leave Amigo Holdings intact and that is where the shares are help Saying all this, we've seen that back fire with G3E- Debt was owed by a subsidiary but courts ruled G3E should be lumped into the issues and may potentially be forced liquidation
RE: Good Morning Amigos :-) Any ...8 Feb 2021 10:24
Hey Mouse I certainly knew that feeling It's bloody hard as I think a lot of us became too emotionally attached and if GJ suddenly hits with a lending again (not sure how he could but...) I'll certainly kick myself for doing it GL whatever you do
The more I read stuff the less I trust it Amigo still saying they are working towards lending Q1 to investors How can a lender say we will go into administration in one breath then say we are working towards lending again prior to Admin outcome ?
RE: Current Customers Scheme or Administration8 Feb 2021 08:39
Vega No problem buddy Over the last 6+ months the actual circumstances have changed regarding how we thought Amigo would deal with claims. If GJ can get this SOA through in some form or another Amigo's future is bright and their fundamentals haven't changed The only reason I've bailed is because I'm trying to make a few gains elsewhere and I will buy back here if I'm successful GLA and hope to see you all again soon (I'm still hoping for that Amigo **** up)
That's two oilers I've bailed just in the nick of time Would the FCA be able to actually do anything? Share's frozen, the outcome in the hands of the court which would supersede FCA wouldn't it?
RE: Current Customers Scheme or Administration7 Feb 2021 18:03
Vega I'm still waiting for you to reply and back up your comment about me blind ramping. I have said this share is risky for months and months buddy. As I've said I still think Amigo will get through this intend to buy back, and I may of TOTALLY ****ed up selling. I'm not looking for a cheaper entrance and hope everyone does well I know hillman was a bit of a dick the way he did it but he told everyone he was selling at 16p and I wish I'd listened to him
Escort Mk/3 with fogs and twin cam. opal manta black, MJF, Looked like noddies best mate big ears as I'm 6,3, boxster then speed yellow 911 Merc estate these days- why do we get old ?
RE: Current Customers Scheme or Administration7 Feb 2021 11:52
Sorry you couldn't get it through HH but you made me feel better I was kicking myself I'd missed an end of day trade as I didn't see the drop until after 4.30
RE: Current Customers Scheme or Administration7 Feb 2021 10:01
Vaga Do me a favour and go find where I've ramped and said this is a dead cert. Maybe I was more confident in the early days while the true issues where been kept behind smoke and mirrors I've held since last July and made a choice to try and recoup some losses and been very clear that may be the wrong choice. My goal was and still is to hold 500k amigo shares and if my current strategy isn't to your liking I ain't going to apologise buddy HH I tried the same and didn't get in until 26p I think it closed at 18 but actually bloody opened at 24p. It was that pesky RNS explaining the drop that screwed us
RE: Current Customers Scheme or Administration6 Feb 2021 22:30
I didn't Sharerising My biggest play right now is CRTM I did get caught with an rise so my average is 9p It's really under the radar right now- 30m Shares in total and I'm hoping we are getting close to RTO
RE: Current Customers Scheme or Administration6 Feb 2021 21:21
I'm hoping so David Sort of feels like i'm chasing rainbows right now but we'll see Cheers HH, The way I'm looking at it is. it feels (right now) more solid than Amigo. The stuffs in the ground and has a value
RE: Current Customers Scheme or Administration6 Feb 2021 18:43
No spare pennies PAD It looks like i'm going to be on Love it or list it on Channel 4 so I'm not allowed to put any more pennies in for a while :( If EUA can sell for 33p I'll make my losses back and I think CRTM will go into RTO this month I'm not saying I'm doing the right thing, we all know if GJ can magic a positive RNS this will fly