Makes you wonder if 88e put that dumb rns out so they could get in cheaper.
By the sound of things it’s all aborted for now possibly until next year, it’s not looking so rosey .
Pump time 1430
Jay thanks for that, I hope everyone had a good Easter.
The only way this is going is back up, 2p by close definitely, not one thing has changed.
Bargain basement price don’t miss it.
Bargain price nothing has changed 2p finish.
I’ve bought in the rns wasent bad at all, just a update .
So what there’s a issue with the set up of some of the equipment ( standard stuff) 2p finish easy
It’s just an update no real issues, there operating issue will more than likely be sorted this week.
Xeilance thanks, your starting to get it now, moving into sectors that are new to Amigo is the way Amigo 2.0 will go forward, but it’s easier said than done.
Remember this share is volatile mainly because people seeing the dream, mainly because they look back at ipo or previous prices and get carried away, so there’s going to be ups and downs( it’s a traders dream)
But all I’m saying is don’t get to carried away look at all the facts, it’s no smooth sailing for them, in fact similar subprime lenders have been in this very position and still gone bust( money shop went bust after the soa was agreed), they just couldn’t make money like they used to due to sanctions, Amigo will have the same trouble the sold the sh?t out of the guarantor loan ( no checks on current customers who required top ups), they just aren’t going to get the business.
I will leave this group if I goes up tomorrow but it won’t .
Anonymouse guarantor loans are dead some companies are even dropping them, as major affordability checks now need to be done on the person who can’t get finance anywhere else(so they won’t get the loan the guarantor loan either),Amigo need to diversify in to other finance possibly credit cards ect ( like providences Vanquis).
See my point has been proven, people are obsessed with previous price or marketcaps ipo price ect ???.
Really get a grip the companies in for a rough five years, less cash and profits over the time of the soa, there’s really no rush here guys and gals .
Vregs and lending bla bla bla stop kidding yourself NONE of that will happen until the soa is approved and you know it, stop sounding desperate and be realistic.
A big drop is coming tomorrow lots of clever people who have set a trade plan to sell.
And those clever people will be the same ones buying back at 10 maybe 8p
You sound desperate Ivan this will fall Tuesday no doubt
Rooboy Money shop to name a few, soas always drag companies down it’s no good for them, it’s not a get out of jail free card like everyone thinks.
Money shop when bust after their soa, and yes percentages paid were a lot higher than proposed.
Always look at everything from both sides, a good way to look at it is how easy would your life be if you entered in to a voluntary arrangement.
And don’t get me wrong I’m not anti Amigo I love the company, it’s a **** take how the cmcs take the Micky and fos charges, Amigo have had no choice to enter in to voluntary arrangement, soon most guarantor companies will follow suit.
But the people who will vote are the ones who care, the ones who are in the process with the cmcs hoping to get 5000 now being told if the deal goes through you will get 500 I wonder what box their ticking, most others probably won’t even bother.
10p will be hit I guarantee no guarantor you.
Nsf will be next to jump on the band wagon of the soa you wait and see.
Amigo will set the precedent, it’s not going to be easy .
The last c pipe of days are the first predictions I’ve made on here thanks though.
If that’s the only reply I must be right, there’s no rush here 6 weeks plus until the vote.
It’s likely to hit 10 again in that time.
Eua are not waiting on a vote to decide the company’s fate, so silly comparison ( with out sounding to rude).
The thing is no one knows the implications ie if the soa is passed how long how much percentages so on so forth, this will all be hiked up to put Amigo in a bad place for 3 to 5 years.
The government don’t want everyone and there uncle doing this( they’ve already raise concerns with the fca),providence are already trying to jump on the band wagon for redress dyor, I’m genuinely not talking rubbish ( there will be serious ramifications to the soa, just the same as if you or I entered a voluntary arrangement).
Come on it’s obvious surely.
Amigo is not the messiah.
I’ve made valid contributions, also those contributions would have saved you nearly 15% if you would have listened to them.
I’ve followed this share right from it’s first drop, I know how volatile she can be.
Remember Amigo is not out of the woods yet, loads of time left until that deciding vote, and on top of that we all know the % percentages are going to be changed higher on the next court date.( years of pain)
Heard it all before Amigo is the messiah lol
Your in lse’s top fallers group .
The next votes 6 weeks away loads more falling room 10p again is a certainty .