travolta
Member of DD Central
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Post by travolta on Jan 17, 2019 16:40:43 GMT
hmm, I'm taking a long bath with Neil at the moment ,but cant bring myself to believe that he has lost the soap just quite yet. He has far too much of my capital to give up . Here's hoping Ratesetter will keep going for similar reasons. They seemed nice boys and have delicious canapes at their receptions . Is this a rabbit caught in the headlights moment ? Gulp!
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invester
P2P Blogger
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Post by invester on Jan 17, 2019 17:21:58 GMT
Having read the accounts I am not too concerned.
Half of the headline losses are non-cash as goodwill on acquisition has been written off.
The vehicle loans business seems like a major cock-up which has been disastrous for Ratesetter, but I don't view it as something that threatens the company, although seemingly has delayed IPO.
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