Member Info for timmycoles

These are completely different companies, Wongas interest rate was close to 6000 % .

Amigo offer money to people who wouldn’t normally get credit at 49.9 % surely it’s a god send to some.

With That in mind why or how can the fca foc back these complaints.

it’s all government backed I’m sure that Stella creasy, and all those other muppets are pushing it forward.

Why don’t we all borrow from the government and not pay it back,I might stop paying council tax and just complain about it, it’s just wrong people trying to get free money scum bags.

So the -126 million figure we saw as included in to the quarterly profits is including the 117 million provision for future complaints?

Technically meaning that money is unspent as of yet.
And they’ve included this in there loss ?

Many thanks gibbo81

Even if this company has to borrow to sort them selfs out, as long as they can get back to lending they should be okay.

Other than these complaints they seem to be very profitable, and have a good business model.

Stay strong and hold.

Yes even prime lenders are guilty of this why not go after them ???
It’s a conspiracy to get rid of subprime lenders, where will these people in need go now ????
Prime lenders for example Lloyd’s will not lend to them ?

Yes all other companies similar to amigo are in the firing line

At the moment yes thats why a lot of people bought, I don’t think anyone knew the scale of the complaints, apart from a select few including jb, he’s no saint a lot of people bigging him up - he’s been playing a big game.

Now holders are left in limbo weather to sell or hold .

So you believe the amount of money paid out at the moment is a small figure, that is in comparison to what it could be once all complaints are dealt with.

Obviously if this is the case the only way for them to ensure a future is fight the foc .

Research believe me all the answers are not out there?? I’ve looked, and saying that if i would have listened to every article I read I would have sold a long time ago.( as there not all positive).

But I still have faith in this company to me it’s BS that these complaints can be enforced.

It’s a guarantor loan it’s does what it’s says on the tin, the guarantor should be ultimately responsible, check there credit rating and affordability ( there ultimately responsible end of)

Worrying

What time is jbs sell off today ?
This is working with the low optimism as I can’t see them being bought back up? Like before of course

Will this stock survive ?

Does the huge amount of money we saw paid out for complaints represent Amigo holding getting on top Of the problem quickly?

As times goes on will we turn things around, I still think if you look at the company in a positive way it’s still a buy??

Will people hold the line and wait it out, or will People sell out take a loss and move on.

Remember you haven’t lost until you’ve sold .

It’s not going to be a quick fix but hopefully we will get there ?

Keep the fca happy start lending again properly, it’s going to be a great period for growth ( current situation and all).

I am right in assuming, as previously spoke about if you had a loan before nov 2018 you can not claim ?

Yes this could be due to the fact they have until October to clear the back log of complaints, so there smashing them out, same for next quarter then plain sailing .

Hopefully by this time next year this one will be 50p per share .

If that is the case nov 2018 I believe this is a sign that Amigo are working very quickly to get on top of all the complaints.

Yes the next quarter is definitely going to be The same but surely there’s light at the end of the tunnel ?
If not why fight ?

It’s a huge amount of money, are they anywhere near clearing the back log ??

Is there a cut off date or is it all loans ever,?

it opens up a big door for mis-selling of loans, even though amigo are a guarantor company and classed as subprime, what about the prime lenders I’ve borrowed from them in the red???

If the fca allow this nonsense, they might as well do it across the board, it’s sear nonsense.

Why didn’t amigo fight ???

Well at least we know there working fast to clear the complaints with figures that high, the question is how much further do they need to go to completely clear the complaints???

Only after this new lol. I’m sure that’s why it’s spiked even?.

People behind the scenes know already potentially if this is true.

I had news from one of my friends in a well know brokerage tell me, as he knew I was slating amigo ( he basically told me shut my mouth as this potential buy is now confirmed allegedly)

I can now see the logic long term this is a hold, I will wait until it’s published( not to annoy if wrong).

But I’ve change my position on the company to strong buy.

Finally someone talking sense, a realistic view .
I’m my opinion the Current down trend will send the sp Lower than 5p, that is unless of course some good news comes out.

I’ve been doing some heavy research on this one the recovery will be long, but believe me tui will fly high again there will be more ups and downs of course.

My advice buy hold and don’t even look for three years.

What’s everyone else opinion???

It’s not unbreakable just some bs heavy investors made up to fool them self’s .

If you were the founder of a good company, especially if that company made you a millionaire from petty thief would you sell it for peanuts????

Ask yourself that question, stop and think don’t get stung.

I know you guys think I’m a c##t but you will be kicking yourselfs for no listening.

Many thanks, I hope everyone and there families are well.