Amigo Share Discussion Threads

[samsung2020] 03/11/2020 08:02

Sadly, I am expecting to see 5p... Let's all remain positive, will be light at the very long tunnel eventually...

[heatseek77] 03/11/2020 08:02

Savaloy exactly it's a great step for amigo nearly 50of claims not having to pay out on !!!!

[bantam175] 03/11/2020 08:01

I was hoping they'd recover in 2 years. Looking at 5 at best now methinks

[pictureframe] 03/11/2020 07:49

Not great and not the time to average down imo

[chinese investor] 03/11/2020 07:39

Close enough for ADVFN !

Chinese Investor (AMGO) 20 Oct 2020 - 10:51:05
AMGO will release an RNS on Monday 2 November 2020 regarding FCA/FOS

[oi_oi_savaloy] 03/11/2020 07:30

I'd take the loan adjustment option every day of the week than pay cash out now. It deals with the immediate issue (the complaint) and allows Amigo to get closer to the point of being able to start lending again, without shelling out cash immediately.

[heatseek77] 03/11/2020 07:26

I think GJ is getting a grip on this, surely better to fix the roof first then start decorating !!

[samsung2020] 03/11/2020 07:24

Not a great read, was banking on lending starting again. I suspect we will be down around 25% at start. Time to load up again.

[heatseek77] 03/11/2020 07:18

Also 60 had to pay cash out /40 just re adjustment on loan so can hit further down line after restart lending - get more loan adjustment perfect

[bantam175] 03/11/2020 07:18

Go go Joe.

[leoneobull] 03/11/2020 07:13

Not great RNS.....significant increase in redress provision from 116m to 150m quid, lending restart postponed. Positives. Adequate liquidity and a decent CEO finally

[heatseek77] 03/11/2020 07:11

Notknowing - absolutely amigo using 3rd parties to investigate dodgy claimants

[leoneobull] 03/11/2020 07:11

go Biden!!!

[heatseek77] 03/11/2020 07:09

RNS see it as positive, dealing with claims provision up about, but not going to allowing CMC to take pi55. Lending starting in 2021 as want to get claims put to bed, hear more 26th Nov

[bantam175] 03/11/2020 07:08

Not the news we were waiting for:-(
Why oh why no judicial review?

[notknowing] 03/11/2020 07:08

When the looting starts, the shooting starts.

[jibba jabber] 03/11/2020 06:57

They boarded up DC ready for Antifa, they are expecting a Trump victory i think, GO TRUMP!! GO GET EM DONALD!

[notknowing] 03/11/2020 04:18

Trump will win, the markets will rally.

[telbap] 03/11/2020 01:02

Whole market is off and is Uber jittery. Tomorrow will be spiky as hell with the yanks outing trump with any luck. This company is now a coin toss, 50/50 and sadly in the hands of others not really involved in the day to day running......Gonna be a spiky week ahead....

[brocksford] 02/11/2020 19:04

You and me both lol

[samsung2020] 02/11/2020 18:53

Ta thanks. I'll be happier at 20p :)

[brocksford] 02/11/2020 18:11

If their deadline was 31/10 then they would probably have a meeting with the FCA scheduled for this week or perhaps there could have just been a correspondence submission required by Friday for the FCA to review. In which case, there is no real reason for there to be an RNS issued on the subject yet.

They could even wait until the official feedback from the FCA before issuing the RNS.

We will see an RNS before too long, will be interesting to see if that results in a share price move to 5p or 20p!!