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Indigo blue what could be more priority than keeping the business running by satisfying the court and fca that every possible step or avenue to pay redress has been taken, we’re not talking about who legally takes priority nor will the courts or the fca??? It’s clearly a wind the business up action get the ******* out of a singing ship action ????
Your Twitter group is completely biased everyone in the group is either holding a massive loss hoping they come good, or completely lost .
A balanced opinion is best.
Originally it was amigo who decided to stop lending while they sorted the back log of claims.
Why didn’t they just do it the right way slowly work through the claims while continuing to lend ( keep it quite, out of the press) .
They’ve acted highly immoral, it seems they’re getting the business debts sorted before the main problematic debt.
The FCA only came out and said you can’t lend until we give you the green light, due to Amigo with holding redress payments.
I personally see this as a non starter, I’m sure everyone has a person opinion here.
I’m mean what’s the point in relending the guarantor loan has changed so much affordability checks ect ( it’s just not the product it used to be) if you can’t see this you need help.
It’s up 0.17 of a percent so I’m not bothered?? It’s BAD news and this move will more than like invoke the fca to take court action against Amigo.
What a kick in the teeth for customers owed redress, Amigo paying that amount back to the bond holders ( you lot are mad ) it’s clear they’re winding down the business.
Their paying down bonds while owing 1 billion in redress ??? This is surely a red flag for the fca ??? Why do bonds take priority??
You lot are lost on this share, you are personally connected, the fca will now forever oppose Amigo in court, and never grant them to relend???
The fca will not lose face and allow Amigo to continue.
The problem is there’s now months of inactivity LIMBO mode.
I said their primary role is protect the consumer, so read properly, the interest of the consumer on a whole now to stop this happen again ??? They turn there back on amigo, to show other business this is not acceptable.
Think the big picture ( your all in lala land)
The paying back part was right Franky that’s clear why don’t Amigo just pay back the redress and run the business around the repayments , this also leads into your next part a fairer deal and judge saying your no where near going bust, honestly mate you’ve confused
yourself , the fca didn’t say come back with a fairer deal that was the outcome of the first trial.
The fca don’t want Amigo back at all, they can’t be seen to condone this type of mis-selling Amigo being 80% of the guarantor loan market as well they won’t go light on them, an example needs to be made provi and nsf dropped the guarantor loan completely .
The fca have a primary job, that job is to protect the consumer that’s how it is unfortunately, right or wrong Amigo are screwed
The fca don’t want Amigo to survive so that will never happen.
Merry Xmas DONT get to attached buy for a short and dump this on the bounce.( that is all)
Mom still selling
This is worth a buy on the issue as it will drop to 3p, sell now buy back cheaper.
Just trade this for the dog it is .
Oh no Franky is one of these Twitter chat group members, where the LTHs agree with each other’s posts and that their on to a winner with Amigo.
Stop ramping about fca approval, you do know the fca will be the end of Amigo?? That’s clear they will never lend again??
The issue is the time to buy you will see 3p on the table then
You seem to be kidding yourself, Amigo have no business model to come back to, their proven product(the guarantor loan) is dead.
I’m hanging on for 3p then buy more
Everyone’s sold and left
Do you think there over on the Twitter group still ramping the stock up lol.
We’re not going on lose it’s toxic ??? No people are telling you the truth.
Iweb share dealing £5 per trade, 200 pounds trades on this risky one I’ve already made 90% profit from a little £1200 investment here.
I previously stated I’m heavily invested in other stocks, I have a flutter with the risky one for the volatility.
I’ve said before I couldn’t risk to much here( this is just entertaining for me)
So 200 at 6.30p
200 at 6p
Tomorrow I’m hoping to take 200 for 4p
If it goes to 3 I will then put 600 in all this is free money.
Just let it ride then until it bounce to 10 -13 and the dump
Again.
This way I don’t miss the bottom by investing to soon seen it all before.
There will be hundreds of clever investors here that have made thousands trading this dog, then and only then at the end if you leave profit in FREE money would I understand.
LTHs here let’s us know you investing history ( I’m interested genuinely) have you ever made big on a company in Amigos situation( or similar, I would love to know)