Amigo Share Discussion Threads

[bakedbean] 11/5/2021 09:28

I'm in at 11 .. do u think it's constructive u bragging u sold at 30 .. it's all about you isn't lol

[heatseek77] 11/5/2021 09:27

Hoping me 11p average doesn't get touched 😂😂😢😢

[spirito] 11/5/2021 09:26

someone has bought 46 million shares today

[djstevens8614] 11/5/2021 09:24

Well and truly brought back down to earth this morning. After being £2.6k up in my spreadbet account with a £1.6k running profit I'm now £100 down with all Amigo positions closed. Back to reality. I guess I should be grateful I've not lost anything major and I'll reassess from here. GLA.

[bearnecessities] 11/5/2021 09:21

Baked Bean, do me a favour. Bet you've just turned up. All of us that have been kicked in the nuts have sliced up to now. If you didn't, that's on you.Put on your big boy pants and take some accountability for your actions.

[mick1909] 11/5/2021 09:20

Youll see holdings RNS of JP Morgan sold out

[pwhite73] 11/5/2021 09:19

1. "on the basis that the Court cannot be satisfied that the Scheme in its current form is fair."

2. "the terms of the Scheme arrangements do not arise out of negotiations with Scheme creditors or any body representative of their interests."


From the two statements above the FCA has two concerns. Firstly the only presentation the court has received is from Amigo not the creditors. Secondly Amigo has essentially put it to the creditors that "you support the scheme or lose everything". So what choice do you think the creditors will make?.

The FCA's concerns is for ordinary consumers who have lost out on this scheme not major creditors who are also shareholders and part of the finance industry. There is a danger the court can side with the FCA and stay the scheme until more information is provided or the FCA is happy with the compensation scheme.

Be careful if you are bottom fishing.

[bakedbean] 11/5/2021 09:18

Well arnt u just fantastic

[coscos] 11/5/2021 09:18

Let's be honest, the fact the FCA will now oppose the scheme is not good news. Looks like more money will have to be found from somewhere. Possible rights issue coming up.

[gripfit] 11/5/2021 09:15

reality.... i bet EK has taken his profit too

[marmar80] 11/5/2021 09:15

Ffs wrong decision

[terminator101] 11/5/2021 09:15

Falling knife huh. Down and down and down she goes, where she stops nobody knows

[bearnecessities] 11/5/2021 09:14

Might have to buy back that clip I sold at 30p yesterday!

[heatseek77] 11/5/2021 09:12

Sam reminds of the old days 👎👎

[marmar80] 11/5/2021 09:09

Bought a few just now.

[heatseek77] 11/5/2021 09:08

Typical Amigo at moment gone back to falling knife trick 🙈 but imho 18/20p be base this time no way lower.

[samsung2020] 11/5/2021 09:05

Crazy volumes for 1st 60minutes....

[marmar80] 11/5/2021 09:00

Provident holding strong and same can happen to them

[gripfit] 11/5/2021 08:52

IM out for now guys, good luck,, but i couldnt resist an actual profit, rather than a paper one, Been here too many times , and lost the lot,,, not again.

[heatseek77] 11/5/2021 08:51

Markie FCA are turning up in form of legal counsel @high court But not at 12th meeting. Tbh only change is more likely need to raise money anyway

[bearnecessities] 11/5/2021 08:49

I feel more confident than ever. The FCA stuff is just a side show. This hiccup is nothing for the hardened 6p crew. None of us could have expected 25p at this stage. Perspective is a bit skewed here right now.

[1choip] 11/5/2021 08:45

WTF I bought into this yesterday. I should choose MCL instead.