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Only what we know for sure is that Glen bought 1.5 %
He dumped so far 30-35 % , who got them?
Guys, just an intresting point from ADVFN - where are all these shares going that JB is selling, still for me this is a mistery, and there is no RNS. Why ideas or suggestions ?
That says it all. You guys make your own conclusions.
My favorite parts:
From JB:
Were these people by any chance borrowers trying to make a claim for ‘irresponsible lending’? People who had a lot to gain by claiming Amigo didn’t do checks? Funny what that does to someone.
Luckily, every call, every message, every check, and every decision was recorded.
And:
I’ve been told .. 80% of those people claiming have not got a leg to stand on ... it was they who forwarded there own information .....
Amigo acted on the information given.
And yes it’s all recorded !!!
And yes they are lining themselves up for fraudulently claiming a loan
NOT AMIGO !!!!
Scrambler - you are hitting exactly the nail on the head. Plus all of you if you have tweeter, yesterday JB tweeted a lot, really a lot, all clear and good ideas, and in my view very positive. Glen started only on Monday, today is his 5th day. For sure we will hear from him soon.
As the spread is now so small I guess most of the trades are recorded wrong, or at least cannot establish which is a buy and sale
Now that is why they are at 35-40p. Still a great opportunity to at least double your money within 3-4 months. These are mu best turn arround companies AMGO and POG. Massive potential in both. Better than investing in banks or aviation.
Beevorma, exactly this is a buy opportunity, second plant will start production in September, gold now is over usd 2,000. They have the unique refining technology POX, they are processing their own ore + other companies ore, the gold recovery from the POX process is huge and the best ever so far on the market + it is the cheapest. Read only their last production updates. Russian now want to take over the company on the cheap.
Franky, if you like gold try POG, huge potential, next week there is and AGM, where theu should sort out the shareholder differences and keep the current directors. They are the cheapest gold producer in Russia + have a new refining technology. My estimate is £ 1 per share before Christmas as they keep doubling their gold production.
Exactly Mark, for sure most of them will even change their mind of claiming, as there is and will not be any ground to support it.
How do you call this to provide false info when applying for a loan - is that kind of fraud and is it illegal ?
From JB:
Were these people by any chance borrowers trying to make a claim for ‘irresponsible lending’? People who had a lot to gain by claiming Amigo didn’t do checks? Funny what that does to someone.
Luckily, every call, every message, every check, and every decision was recorded.
And:
I’ve been told .. 80% of those people claiming have not got a leg to stand on ... it was they who forwarded there own information .....
Amigo acted on the information given.
And yes it’s all recorded !!!
And yes they are lining themselves up for fraudulently claiming a loan
NOT AMIGO !!!!
From JB:
In 15 years of personally auditing calls I never heard an agent do that.
We had 4-6 people full time auditing, and a team investigating complaints and I can’t remember a single confirmed instance of what you’re claiming.
So I am confident that what you think happened, did not. Jb tweeted
Guys there were over 10 tweets from JB yesterday, people asking him questions and his replies, very confident and positive. If you have teweeter please check them out.
Manu 5* Micheline chef is in the kitchen now, his name is Glen, dinner is in preparation since Monday
Sorry mate, innocent mistake.
Exactly seamun, and that is now Glen's job.
Correct, but if you see and find only the negatives I see no point of investing in this share, it is the same with Amigo's lending, Amigo did not approached or asked anybody to borrow from them, it is the customers own choice, obviously they have done they research and for one or another reason have chosen Amigo. So in my opinion it is not Amigo's fault.
We should have first RNS before 14/08 next Friday:
''The securitisation will move into gradual amortisation from 14 August 2020 if further amendments are not agreed prior to that date.''