Amigo Share Discussion Threads

[ci will never win] 23/10/2020 13:10

Meow meow Ching chingy tingy tongy

[kirk 6] 23/10/2020 13:02

That's only saying that it's 200 million it might be less than 200 million. If it is less than 200 million then Roll on much better days in a much higher share price

[samsung2020] 23/10/2020 13:01

The amigo product in the space they operate is by far the best product in the market.... I just wish we get lending started again soon, complaints levels in controls and FCA stuff goes 'ok' , there is massive opportunity for this share price to rocket once a few hurdles are crossed correctly.

[ci will never win] 23/10/2020 13:01

Didnt your mum die? Last week?

[brocksford] 23/10/2020 12:55

yes, one thing about Amigo is that they certainly return good profit margins! (under normal conditions)

[kirk 6] 23/10/2020 12:46

Haha Good thing is though once they resume lending they won't need to judging by historical profits why not just sort out the 12 to 24 months payment option with the FCA?

[brocksford] 23/10/2020 12:43

Perhaps Amigo can take out a guarantor loan to pay it off......

[kirk 6] 23/10/2020 12:40

We have probably just witnessed the best possible outcome for amigo loans. The new board does seem pretty good and is currently playing the right strategy with the FCA. As I have said even if the claims are more than 200 million then there's literally no reason why amigo loans can't sort out a payback strategy. Once they start landing again the profitability will go through the roof and any sum of money should be ok

[kirk 6] 23/10/2020 12:35

Thanks for sharing and excellent news

[astute person] 23/10/2020 12:31

I have worked for a number of great CEOs and I very much count Gary as one of these.

He is crystal clear in strategy, direction and communication.

He is effective in his leadership and decisions.

He has mastered balancing time and using it with precision.

Yet he rounds this all off with care and attention to detail, such as knowing everybody's name and writing personal notes in recognition of achievement.

A great leader and mentor.

[michaelsadfvn] 23/10/2020 12:28

A 2nd guarantor is commonplace in the Property Rentals industry.

Even a private landlord can obtain a 2 X full credit checks on a couple applying to rent a property for around £10 in under 24hrs.

I imagine Amigo Holdings could expedite this timeframe and with volume credit checks would only pay a fraction of what private landlords are charged.

Also the operational procedures are already there.

All they would need to do is add a 2nd guarantor which could potentially save them (and us Investors) Millions.

This is a tried and tested method with default payment matrixes already established in the Property sector as a guide.

Its why landlords run these checks...

[michaelsadfvn] 23/10/2020 12:26

An optional 2nd guarantor would appear to offer an easy and effective way to offer Prudent mainstream lending given the current Financial Climate.

Plus in the worse case scenario it takes off 50% of the pressure off the guarantor, lest we forget their pivotal role in this company.

[amaretto1] 23/10/2020 11:43

So does this market cap !! If every thing was rosey in the garden ... we would be at 100 pence !!We are priced to go bust ....We are NOT !! The question is... were and what is JB doing ....And the other bidder at 21 pence 6 months ago.

[ci will never win] 23/10/2020 11:42

Did you get a erection when you saw hods sisters shaven flange?

[ci will never win] 23/10/2020 11:42

Would ignore trust pilot Most of CI family have posted......

[ci will never win] 23/10/2020 11:41

How was you wifes funeral?Ting tongy snake.

[ci will never win] 23/10/2020 11:41

Your dad died Whens the funeral? Can I cum?

[ci will never win] 23/10/2020 11:40

Hod hope your mums funeral went well yesterday.....Sorry I couldn't cum.I know it would have made her happy.

[senator] 23/10/2020 11:33

Someone pointed me to Trustpilot the other day.

Makes for sober reading!!

[brocksford] 23/10/2020 11:27

Is the return to lending dependent upon FCA satisfaction with the complaints resolution?

[sutton erection] 23/10/2020 11:21

It is almost certain we will get news next week of whether we have managed to hit the FCA target of 8 weeks with new claims as the deadline I believe is 30 Oct.

I hope there is some negotiation with the FCA and FOS regards to new claims which appear to fraudulent and a satisfactory outcome can be reached to get us moving forward.

On my personal opinion, some good news to move the share price back up a couple of pence would be welcome, a single figure share price makes people more nervous as has less room to manoeuvre if there is any bad news.

[heatseek77] 23/10/2020 11:00

JJ we need charts / rns feed on this board, then easier to move off CI's

sorry not noticed you'd done it thanks

[samsung2020] 23/10/2020 10:11

Looks like you got busted on the Ncyt board...didn't take them long Inspecta CI

[samsung2020] 23/10/2020 10:09

Do you really think anyone on here actually pays any attention to your posts when you have been posting crazy stuff non stop....If you just talk shares wouldn't be a issue