ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,905 
Likes: 11,127
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Post by ilmoro on Nov 4, 2017 19:44:36 GMT
Ablrate lenders might see something interesting on Crowdcube  |
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hazellend
Member of DD Central
Posts: 2,361
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Post by hazellend on Nov 4, 2017 20:15:40 GMT
Thanks, that is interesting. Quite a small raise and a whopping valuation for BNG. Wonder if it's worth it with EIS tax relief included.
I thought there was going to be an equity raise for ABLrate!
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Post by GSV3MIaC on Nov 4, 2017 21:39:50 GMT
Or to be slightly less cryptic, "Loan to UK Entertainment and Leisure Business" (#41, BNG) is out to raise an extra £750k, which is 3x the Ablrate loan. Not obvious that ABLRate loan would get paid off though, but it might? The EIS tax break might help some folks, but equity does come with a rather higher risk & possible reward. (In theory!).
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Post by charlata on Nov 5, 2017 8:03:59 GMT
It's practice, not theory, which indicates equity returns are higher.
Meanwhile, I'm wondering if the EFL club and stadium available for £4m of investment on the UKangelinvestmentnetwork is related to an MT loan.
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Post by GSV3MIaC on Nov 5, 2017 10:44:43 GMT
I was considering the 'higher risk' and comparing it to building sites in the Isle of Wight, but yes on average the risks and rewards are both higher for equity .. just 'not in all cases'.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,905
Likes: 11,127
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Post by ilmoro on Nov 5, 2017 10:46:16 GMT
Or to be slightly less cryptic, "Loan to UK Entertainment and Leisure Business" (#41, BNG) is out to raise an extra £750k, which is 3x the Ablrate loan. Not obvious that ABLRate loan would get paid off though, but it might? The EIS tax break might help some folks, but equity does come with a rather higher risk & possible reward. (In theory!). I was being deliberately cryptic as I was warying of putting anything that would identify an Ablrate borrower with the raise. Should be pointed out that the raise is a fraction of BNG outstanding debt across multiple platforms not least the £7M+ on CS (+£3.5m related party) so repayment of any loans seems extremely unlikely. If youre near a bar then a sub £50 punt would seem reasonable as you get equivalent in free beer back, a larger punt would depend on your opinion on Oompah bands as much as the viability of the investment  Football club depends on how acurate the geographic location indicator is accurate or not as its in the wrong place.
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Nomad
Member of DD Central
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Post by Nomad on Nov 15, 2017 8:18:27 GMT
Or to be slightly less cryptic, "Loan to UK Entertainment and Leisure Business" (#41, BNG) is out to raise an extra £750k, which is 3x the Ablrate loan. Not obvious that ABLRate loan would get paid off though, but it might? The EIS tax break might help some folks, but equity does come with a rather higher risk & possible reward. (In theory!). Only 22% subscribed so far...
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