Amigo Share Discussion Threads

[farrugia] 03/3/2022 08:39

guys what are you doing here when you can buy in Morses Club with much lower risk / high reward? The valuations are almost the same - and that's absurd lol

Morses club trading update today:

[1choip] 01/3/2022 09:33

trading update just released over MCL!

[farrugia] 22/2/2022 14:53

guys what are you doing here when you can buy in Morses Club with much lower risk / high reward? The valuations are almost the same - and that's absurd lol

[telbap] 21/2/2022 16:36

We sit and wait out the final whistle to see if the court ruling comes in our favour.....

[blackhorse23] 15/2/2022 23:39

Could go any direction.. if FCA disagree amgo offer in court .. share price will be 0 value ... end of story of amigo.. bankrupt

[pwhite73] 09/2/2022 17:16

1) They wouldn't be presenting the scheme to the court unless it was:-

a) Equal to or above the court's original guidance.

b) They had prior agreement from all stakeholders.

2) This will be the outcome however such an outcome has no bearing on the share price. The share price is a reflection of market sentiment and as per my post the time has never been better for properly regulated lenders.

[themadstork] 09/2/2022 13:36

Why? Because the only two possible scenarios here are:

1) NBP rejected by court/FCA/creditors/shareholders. share price = 0p

2) NBP passed and a minimum of 19 to 1 dilution, which will have to be at a massive discount. share price = 0.2 - 0.5p.

Shorting at this level is free money. Granted there may be short term spikes, but one of the above two scenarios is absolutely guaranteed to happen.

[pwhite73] 08/2/2022 14:46

Why? With energy prices due to remain high for the foreseeable future, national insurance contributions going up in April, interest rates due to rise and the overall cost of living rising there has never been a better time for lenders like Amigo. Once this sh1t with the previous creditors is sorted out there is no reason why the share price shouldn't rise as properly regulated business increases.

[ny boy] 08/2/2022 12:37

Last one out switch off the lights, looks like it’s already happened judging by the lack of posts lol

[ny boy] 07/2/2022 10:28

Gambling only here, Red or black

[letmepass] 07/2/2022 10:21

All buyers today. Expect to be much higher by weekend

[blackhorse23] 07/2/2022 10:07

Amgo has changed court date because FCA. Is not agree with their offer yet ... FCA , customer & court need agree with their proposal otherwise insolvent which is more likely

[g2theary] 07/2/2022 08:36

Buy back at 1.6p ... court is a loooooong way off :) better opportunities to come ... high risk 2/300% bounce before court but not at anything above 2p :)) if it is it's not for me ... I will gamble sub 2p here again

[blackhorse23] 07/2/2022 08:18

Risky shares , sold it before loose everything

[brocksford] 04/2/2022 10:23

Profit-taking Friday, who knew……?

[g2theary] 04/2/2022 10:08

But tbf this was a banging trade at 2p to 5p :)

[ny boy] 04/2/2022 09:56

Another bull trap before insolvency, good luck to the fast trade merchants, you need to be in and out lightening quick, before your stake becomes worthless, so not investing, just gambling

[g2theary] 04/2/2022 09:25

If you didn't take profits here at 5p I really feel sorry for you :D

[blackhorse23] 04/2/2022 08:18

Going to insolvent !!

[g2theary] 03/2/2022 11:42

Not so sure bud :/ guys take your profits and run to WSBN :) 30% today IMO ... should be a 10 bagger this year MINIMUM :)))

[kaffco] 02/2/2022 15:07

Well said albert its all to play for IMO

[elias jones] 02/2/2022 14:04

Interesting :-)

London - 14.00pm


Amigo Holdings {AMGO:LON} is up a further 25% today on renewed hopes that the group will survive the regulators actions.Amigo was once a darling in the sector with an active investor base and have a new pro-active management steering the ship.

In other news,Brown Group {BWNG:LON} have attracted a rumoured bid interest from a large European Fashion Group who are currently putting the sliderule over the company.It is thought any offer would be in excess of 70p per share,Brown Group have recently revealed the planned turnaround is bearing fruit and is now on a firm footing for interested suitors.