Member Info for Specialonek

If they want to make some serious money out of this fiasco.then buy up as many bonds at 50% discount using cash reserves. Then immediately go for JR. If necessary do a cash raise to cover any short term borrowing needs. Imagine the potential profit over the next few years if they took a gamble now.

JB believes as soon as a Judicial review is instigates all claims payments stop. I really hope that is the case and they can hold onto the wedge set aside.

Carsgeek. Fantastic questions and answer from you and JB on Twitter. I personally like the guys honesty. He is losing more than anyone but he id very focused on the future when he can make a difference

I think it may hit bottom again tomorrow with a dip below 6p but again I think that will be as low as it gets. We just need some more larger purchases and others topping up to see this settle back into 6s and 7s until Glen steps in. We all know this will fly up on anything positive. It was well and truly kitchen sinked yesterday.

I hope it was Glen but even if it was not it is a hefty but which bodes well. Hopefully see more of the same tomorrow.

Bid Saves Dad, everyone will have there own risk level. Can this go bust yes. Could this be taken over yes. Could they get JB back on board yes. Could this be highly profitable again and share price hit £1+ yes. I am prepared to wait it out and see. Anything could happen but you need to make your own judgement call and not be influenced either way from others. I wish you all the best.

Mark, The board have a conflict of interest as JB has stated on twitter. If they asked for a judicial review Amigo would win but they would likely struggle to get another director job elsewhere. They are more about themselves than the company they are supposed to be protecting and governing. What's the bet Provident will be in the same boat in less than 12 months.

Worst case scenario £100million+ needed to redress loan issues. Share price hits 8p then bounces back to similar level. Best case scenario £50million needed and loan books reopened and confirmation FCA/FOS have agreed to discuss ongoing issues with lending model to find a sustainable solution. Confirmation of dodgy Board members leaving and Richmond group have stopped selling and completing a reverse takeover of another profitable lender to bolster the market share. Share price flies past £1 before opening. PS we are all given 10p dividend a share as a thank you for putting up with the BOD since November. If Carlsberg did a share recovery then this would be it. :o)

Steve get in on Monday at 8am when it is 30p and rising :o)

I have around 20% of my portfolio in this now. That's twice the risk I usually take however the potential upside could be phenomenal. The downside is less of a gamble. 21p a share was put on the table and rejected so that IMHO makes this a risk I am prepared to take. I hope it opens up at a decent number which I think it will as results will have been out for an hour before the markets open. It could easily be at 20p before a share is even traded. That would really be a bonus. I hope every LTH gets a good payback on their long suffering.

THGambler, it can only go lower if they are out of money on Monday.

EA_L I think the dividend money has gone towards covering off the increased claims. I still think they will fight the claims with GC taking the lead on that. He was the one who got Amigo FCA before they floated. He will start making calls on day one in August. GC will want a decent return on his investment.

Anything less than say £70million for claims wil result in this doubling on Monday IMHO. As long as there is still some money in the pot GC will start working his magic to resolve the FCA/FOS issues and this share will climb upto a new level. I do not think they will sell up. I think they will rebuild from the ground up. 50p,70p,90p,£1 are all possible in next 6-12months. IMHO. GLA

Are the results on Monday to then allow perhaps Mr GC time to load up ahead of his appointment on 1st August. Do not be surprised if he builds his stake to 10%. Potential for JB and GC to take control alongside of MIC by mid August. They will all want a fair return on their substantial investment.

I expect it to close below 8.5p. Some have really made some quick money ramping this for a few hours. It will fall back now into close. I'm invested so not deramping. Nickel investor in on the money.

Looking like day traders are ramping it for 10-15%. We all know it will drop back unless there is some real news. Do not get caught out buying it above where you can buy it later. GLA

I expect some to load up today and a small rise before closing. IMHO.

If it does hit 10p today I doubt it will stay there. If the board want a decent value for their shares they could well package a decent set of results to make that happen. I doubt any of the exiting board want to sell their shares under 10p either. Let's just say the results may not tell the full story.

Prediction this has hit bottom again today. Expect small rise tomorrow and Friday. Fireworks next week. AIMHO

Thoughts on NSF and Amigo joining forces?