Amigo Share Discussion Threads

[blueblood] 24/3/2021 10:46

Are you related to Stevie Wonder...

[brocksford] 24/3/2021 10:46

do a half scroll up the page, then click on the news link for 24/03 DJS

[djstevens8614] 24/3/2021 10:39

Has there actually been a RNS today as I can't see one???

[tidy 2] 24/3/2021 10:14

Demand from millions of customers lined up for Amigo loans and big backing. Future is secure imo.

[spirito] 24/3/2021 10:02

We need the 700k to vote for it and if they do, theynwill be claiming

[daniel] 24/3/2021 09:43

HeatSeek77, 15% of pretax profit (equivalent to 35% of the aftertax profit) is fair enough. The majority of 700k legacy customers are not likely to make claims and the £35m goes to a minority of troublesome customers and CMCs.
35% of pretax profit is ridiculous and will mean over 50% of After-Tax profit is used to service claims. GJ should not agree to that, as it will undermine the company's plans for Amigo 2.0, which is good for all customers, society and intended to broaden the customer base at lower interest rates.
Short-term investors may be interested in agreeing to any terms in settling these claims, but such terms must not cripple the company going forward, for longer-term customers and investors.

[samsung2020] 24/3/2021 09:41

Worst part is didn't he comeback from the dead years laters only to be killed off again.

[telbap] 24/3/2021 09:33

@samsung....I stopped watching was east Enders when dirty Den got shot!

[tidy 2] 24/3/2021 09:24

Demand from millions of potential customers for AMGO loans Big support from both ends

[tidy 2] 24/3/2021 09:22

Looking ahead, we are seeing significant pent up demand for loans from those who are unable to easily get credit from mainstream finance. It is vital that these millions of UK adults are able to access credit from, regulated business such as Amigo, rather than less reputable alternatives. Financial inclusion is going to be increasingly important in the months ahead and we want to play our part in ensuring the underserved have somewhere to turn for help and support."

[g2theary] 24/3/2021 09:21

Nice gains last couple of days :)

[samsung2020] 24/3/2021 09:18

Ha yes. Getting hotter then watching EastEnders! Ps. I don't watch E'nders :)

[tidy 2] 24/3/2021 09:11

We are strong today guys.

[samsung2020] 24/3/2021 09:06

Can see touching 19p on Friday.Superb volumes here for 1st hour of trading

[spirito] 24/3/2021 09:02

as narrow as I've seen the spread

[spirito] 24/3/2021 09:01

be nice to see the run to 20p again in advance of the court hearing

[samsung2020] 24/3/2021 08:58

My gut feeling is we will close at 15p today

[spirito] 24/3/2021 08:54

Wonder if we will maintain or if this will drop off like yesterday

[spirito] 24/3/2021 08:54

Not if it guarantees the survival of the business

[cottlet] 24/3/2021 08:51

I thought scheme of arrangement was usually bad news for PI s?

[samsung2020] 24/3/2021 08:32

Been running dummy quotes, sell quotes on 850k chunk without any delay. Somebody wants your shares!

[sbb1x] 24/3/2021 08:30

The Scheme creditors are Amigo's 700,000 past customers, 300,000 present customers and the Financial Ombudsman Service (the 'FOS').Key wording 1m

[marmar80] 24/3/2021 08:23

Opening gap being closed