Member Info for Senator1

I would, with debt on temporary waiver

Two different companies! Its not a joke

trading with either a >50% win ratio or great money management is not gambling. In my futures trading I dont bet on a win ratio much better than 51% but my money mgmt is brilliant as I cut losses quickly and run when I am right. Having one or the other and you can be successful, BOTH and you are a rock star

Thats why high frequenct trading is so profitable. You play with the probability do it over and over again and minimise your estimation error by repeating your process. Explains why fundamental investing is so unsuccessful as the errors are too high

What is a gamble to you may not be one to me as my probability distribution might be different. We might both atill be wrong but if probabilities are with me I dont define that as a gamble. To call something a gamble you have to define gamble

If the probability distribution is the same for all outcomes it is by definition a gamble if the probability distrib of outcomes are not the same it is not a gamble. You can still be wrong as probabilities are just that, the probable outcome not the outcome. The vote on each item is a Binomial distribution you have to decide what probability applies. If you decide 50:50 it is by definition a gamble as there is no edge

was answer to a Q on FY results

Put yourself in the position of a regulator outside the UK and an application to lend in your market arrives from Amigo or some sister company. It wont take long to build a file full of noise and statements from JB that he is going somewhere "easier". Would you approve the application? or maybe less personally out of 10 regulators how many do you think will approve a foreign upstart, with a media savvy CEO who thinks your regulation is more favourable than the UK? As a regulator what possible upside is there for me? Why would I do it? His whole plan is beyond ridiculous.

100% agree, if he went down the twitter route, JB would win that one for sure.

not sure what they will do. Was listening to Philip Browne the other day and he was saying the IRFU has a very serious cashflow problem which probably the result of their expenditure on the WC which they were hoping to recoup. I do love being on the bike but the danger does worry me as almost every ride I have to shout at some idiot driving under their own rules

your welcome, i never doubted it. Once rugby bites you are hooked for a lifetime. I play tennis now and do triathlons but its not the same. I miss being hit by a tighthead (not really)!

The best way to short a share is do your homework, understand it better than anyone and be in a fight against retail. Talk without substance get you nowhere.

If JB loses they have a fighting chance, the bigger amount he loses by, the bigger the positive sp reaction. The FCA dont like Amigo and are clearly out to get them. With JB in charge their job is easy as he will fight them but they will beat him on detail. This is stupid fight from a business perspective. Amigo has shown there is a need, 220K customers, the debate with the FCA should be agreeing a process to serve this need, that is in everyones interest. They get this and some sort of deal with RBC and then the foundations are there to build. Running away and building somewhere easier just will not work, not a hope in hell.

GC is a very wealthy man in his own right. Right now he is proposed as the boss, he wont go back to reporting to JB as he will KNOW his plans are hopeless and a total waste of time and effort and ruin his remaining reputation with the FCA and any institutions that are shareholders.

None of the institutions will vote for him, thats a ceratainty nor will anyone who understands the true position of Amigo. Howver most of JB sells went to retail accounts who think they are going to make easy money if they vote for JB's vision. BIG MISTAKE

JB wins, FD and GC go and the others proposed to the subsidiary Board (Amigo Loans) won't accept with a loose cannon running things from plc position. They wont risk their reputations and will know his plans dont work. You will never see 20p as the few remaining institutions plus GC will sell out. It will be total chaos and when all Board go it will be followed by RBC and then its over as all the cash on the £300m loans they are financing go permanently to them. I also believe that if the loans in their pool register a complaint RBC can request it is bought out of the pool putting an intolerable strain on the cashflow of the remainder of AMIGO. I can understand a vote for JB if you are short, if you are long it makes no economic sense whatsoever. You get a clear ex that JB is not a details man as Amigo note in the meeting papers that the resolutions proposed were invalidly proposed but they allowed them to be part of the Board agenda in any event to be fair to shareholders.

AMIGO!
I was referring to the "no insight" bully boys who dominate this Board and advise people to "hold" or nows the time to "load up". As a boy I too watched soccer but we werent allowed to play at school but when the hairdressers took over and feigned injury and rolled around like they were dead and tried to purposely cheat the referee I lost interest. Its a game at the end of the day and while winning is nice the way you win is far more important. How can you, your team or fans have pride if everyone knows you cheated. I'd rather loose than win by cheating

i have a feeling that has been a big part of your life story

billions my friend, billions

Is there some law against it? You would be well advised to ignore some of the utter nonsense put on here. Everything I said can be verified, its all there, where it should be, the fin statements. FACT