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AMIGO (AMGO)

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28-Jun-2022 09:58 AM

Amigo sets out plans to resume lending under new RewardRate brand

Amigo Holdings PLC on Tuesday laid out plans to finally resume new lending, after a hiatus of about two years, though under a new brand name. Amigo shares were 2.5% higher at 5.43 pence each in London on Tuesday morning. The stock had been up
06-Jun-2022 06:05 PM

IN BRIEF: Amigo Holdings makes interim CFO Danny Malone permanent

Amigo Holdings PLC - Bournemouth, England-based guarantor loan provider - Appoints Danny Malone as chief financial officer and executive director. He has been acting as interim CFO since February. Company also appoints Non-Executive Director Maria Darb
24-May-2022 12:49 PM

Amigo shares jump 18% after UK high court approves redress scheme

Shares in Amigo Holdings PLC rose on Tuesday after the company's plan for customer redress got court approval and a one-day suspension of trading was lifted. Shares in Amigo were up 18% at 7.43 pence each in London on Tuesday at midday. Th
23-May-2022 11:27 AM

IN BRIEF: Amigo asks for shares to be suspended during court hearing

Amigo Holdings PLC - Bournemouth, England-based guarantor loan provider - Requests suspension of trading in its shares on the London Main Market to prevent ‘asymmetric information’ entering the market during the court hearing on Monday and
13-May-2022 08:58 AM

Amigo's new business scheme heads to court after creditor approval

Embattled lender Amigo Holdings PLC on Friday said its creditors have voted to push forward with its new business scheme. The scheme - which is being proposed to settle customer claims following probes from UK regulators into mis-sold loans - r
11-Apr-2022 10:32 AM

Amigo shares rise as UK FCA notes ‘improvement’ in proposed scheme

Shares in Amigo Holdings PLC soared on Monday after the guarantor loans provider noted that the UK Financial Conduct Authority does not intend to appear at the scheme sanction hearings. Shares in Amigo were up 20% at 5.46 pence in London on Mon
07-Mar-2022 08:16 AM

Amigo could restart lending within year if court accepts proposals

Troubled lender Amigo Holdings PLC could start lending again within a year if proposals to compensate customers for unaffordable loans are adopted this week. The City watchdog said that it would not oppose the proposals, due to be heard in cour
10-Nov-2020 09:27 AM

Amigo announces board shake-up

Amigo Holdings has announced that Mike Corcoran will join the board as chief financial officer (CFO ) elect, subject to approval by the FCA. The appointment will take effect after allowing for an appropriate handover period with Nayan V.Kisnadwala who w
17-Aug-2020 08:45 AM

Amigo gives funding update, schedules results

Guarantor loans firm Amigo has announced a further extension of the securitisation facility performance trigger waiver period to 18 December 2020. This followed the announcement on 27 July 2020 extending the waiver period to 14 August 2020 and allows bo
08-Jun-2020 10:15 AM

Amigo Holdings scraps sale, dividend and warns of material increase in loan provisions; chairman res

Subprime lender Amigo Holdings scrapped its dividend and said it had seen a 'significant increase' in customer complaints in recent weeks, warning of a material increase in loan provisions for the full year. The company also announced its cha
27-Feb-2020 07:50 AM

Amigo profit slips on higher impairment charges

Lender Amigo reported a fall in profit as revenue was hurt by higher impairments amid challenges in its collections business. For the nine-month period ended 31 December 2019, pre-tax profit fell to £53,5m from £79m on-year as revenue incre
28-Nov-2019 02:40 PM

Broker Forecast - RBC Capital Markets issues a broker note on Amigo Holdings Plc

RBC Capital Markets today reaffirms its outperform investment rating on Amigo Holdings Plc (LON:AMGO) and cut its price target to 225p (from 235p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Nov-2019 02:30 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on Amigo Holdings Plc

JP Morgan Cazenove today reaffirms its overweight investment rating on Amigo Holdings Plc (LON:AMGO) and cut its price target to 125p (from 250p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Nov-2019 07:33 AM

Amigo profit slips on increased impairment charges

Guarantor loans provider Amigo reported a fall in first-half profit on increased impairment charges. For the six-month period ended 30 September 2019, pre-tax profit fell to £42.3m from £48.4m on-year and revenue increased to £145.4m
30-Aug-2019 09:30 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Amigo Holdings Plc

JP Morgan Cazenove today reaffirms its overweight investment rating on Amigo Holdings Plc (LON:AMGO) and cut its price target to 250p (from 335p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Aug-2019 08:10 AM

Broker Forecast - Shore Capital issues a broker note on Amigo Holdings Plc

Shore Capital today upgrades its investment rating on Amigo Holdings Plc (LON:AMGO) to hold (from sell). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Jul-2019 08:26 AM

Amigo Holdings appoints Hamish Paton as CEO

Amigo Holdings confirmed that Hamish Paton had been appointed as CEO of the company with immediate effect. This comes after the company announced on 14 June that Mr Paton assumed the role of CEO designate at Amigo. At 8:26am: (LON:AMGO) Amigo Holdi
17-Jun-2019 11:20 AM

Broker Forecast - Shore Capital issues a broker note on Amigo Holdings Plc

Shore Capital today downgrades its investment rating on Amigo Holdings Plc (LON:AMGO) to sell (from hold) and cut its price target to 230p (from 270p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Jun-2019 11:20 AM

Broker Forecast - HSBC issues a broker note on Amigo Holdings Plc

HSBC today reaffirms its hold investment rating on Amigo Holdings Plc (LON:AMGO) and raised its price target to 275p (from 260p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-May-2019 11:20 AM

Broker Forecast - RBC Capital Markets issues a broker note on Amigo Holdings Plc

RBC Capital Markets today reaffirms its outperform investment rating on Amigo Holdings Plc (LON:AMGO) and cut its price target to 325p (from 330p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-May-2019 09:40 AM

Broker Forecast - Numis issues a broker note on Amigo Holdings Plc

Numis today upgrades its investment rating on Amigo Holdings Plc (LON:AMGO) to buy (from add). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-May-2019 07:45 AM

Amigo profits jump as ramp in customers boost loan growth

Lender Amigo saw a sharp jump in annual profits as revenues grew by more than a quarter underpinned by growth in its loan book amid a jump in new customer additions. For the 12 months to 31 March, adjusted pre-tax profit rose 38.3% to £100.1m fro
24-Apr-2019 08:40 AM

Broker Forecast - Shore Capital issues a broker note on Amigo Holdings Plc

Shore Capital today downgrades its investment rating on Amigo Holdings Plc (LON:AMGO) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
26-Mar-2019 01:50 PM

Broker Forecast - RBC Capital Markets issues a broker note on Amigo Holdings Plc

RBC Capital Markets today reaffirms its outperform investment rating on Amigo Holdings Plc (LON:AMGO) and cut its price target to 330p (from 345p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Mar-2019 12:00 PM

Broker Forecast - HSBC issues a broker note on Amigo Holdings Plc

HSBC today reaffirms its hold investment rating on Amigo Holdings Plc (LON:AMGO) and cut its price target to 260p (from 280p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...

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