RE: Divs and Reduced Risk, Really?29 Nov 2020 12:17
Hasn’t Glen put in 100 K so far? Or at least as a married collective they put in 100 K? And that’s after these results and as you say he has knowledge of what Q3 looks like. A lot of the claims management companies have filed in fake complaints or duplicated complaints, which is currently being investigated so that will reduce the number. We now know this was a good indication is as they haven’t been landing recently, or only two essential workers. Once they get landing again it will all be a lot clearer and the number of complaints coming in going forward will be drastically reduced as they are working closely with the FCA and it will literally be black and whiteOn what condition the loan goes out on. 2021 will be a much brighter year for amigo loans, and this backlog won’t last forever as it’s been drastically reduced to nearly completed. Don’t forget Q3 was during the COVID-19 pandemic and it was only landing to essential workers so it can’t be that bad. All the bad news is no now and basically with the new board of directors working closely with the FCA I can see this getting resolution very shortly and with that a big year in 2021 a recommencement of the dividend Q3/Q4 2021