Member Info for Soundsrisky

Oil nudging 51 dollars . This will gap up soon.

Deal - probably no great change for Amigo. We are waiting for re-lending news. Nothing fundamentally has changed regarding that, even if a deal is forthcoming. Possibly a slight rise on market sentiment.
No deal - suspect the whole market will drop initially but long term, again, no real impact on Amigo so it will rise back to somewhere around this level, either quickly or over a week or two.

Agree with that also, @Franky. They will begin to reduce their reliance on guarantor lending I suspect. Having the FCA onboard with them will be hugely beneficial in the long term and Amigo will be trusted, unlike payday/doorstep lenders.

Agreed @Seamus. Once those hurdles are overcome the market won't need to wait for results. We all know how cash generative this business is and so does the market. Nothing to stop the share price rising rapidly once claims related issues are overcome. Lending will happen, potentially on multiple new fronts, and long term finance will be agreed.

Nice to finish with a few buys there at the end. Last few days have been painful. Hopefully up from here.

Surely we're due a bounce from here! Way below placing price now.

LOL! Oh that's good then! : )

Hmmm, always slightly wary of Friday RNS's.

Fair enough and thanks for sharing @legache. I enjoy wine and women very very much...... but do also enjoy investing : )

hoping not hooping.....

I just cant imagine remaining with a share for that long that I didn't enjoy investing in.

Genuinely interested @legache. If this has been such a dire share for much of that time then why haven't you sold up on one of a number of smaller share spikes and been done with it? At what point did you buy in to make it something that you can't leave? Have you spent 8 years hooping it would recover from 2012 highs?

Nobody will ever know the bottom, or top. If you decide it’s a company you want to invest in, get in or leave at a price you are comfortable with. The fact that this hasn’t been lower in 10 years gives a good indication that the bottom is near to my mind, but everyone should make their own investment decisions.

Definitely due a bounce and is oversold, though some news would help re the survey results. Could rise rapidly when that is released. In the meantime, its a great loading opportunity. Won't remain under 0.7 for long.

HL

I bought approx 4k worth earlier no problems.

Will probably float around this level, up and down, yes. Re-lending news will put a rocket up it. When that will come is anyone's guess. 1-3 months but could be later in Dec. if we are lucky.

I like the fact that everything is open and transparent. I want to know everything about the company I invest in.

Dip has been taken here. Positive news on its way shortly I’m sure. Could be a sharp rise on news of survey data and following that, farmout. It’s a buy at these levels.

There will be news before then and this is a great entry price.

No its not helpful. I suspect a few will be chasing opportunities elsewhere whilst we are, potentially, in a quiet period awaiting re-lending news.