nick
Member of DD Central
Posts: 1,055
Likes: 825
|
Post by nick on Jul 5, 2017 16:09:35 GMT
ablrateablrateandyIs this loan ever going to be listed on the SM? First there were issues over coding, then a wait until the partial repayment which occurred a couple of months ago. What is your current intention/plan? I had invested in the loan on the understanding that there would be a SM made in the loan (notwithstanding usual liquidity risks).
|
|
nick
Member of DD Central
Posts: 1,055
Likes: 825
|
Post by nick on Jul 26, 2017 8:44:16 GMT
Sorry - everyone should have had 19% of the face amount repaid (together with interest). If we missed you, then please email me on andy@containersupply.co.uk and I will get ablrate to check your account! We are just sorting out a couple more internal things whilst we ponder where to go next. I have spoken directly to quite a few people and am happy to chat to anyone about the loan, business thoughts etc. My eye is focussed keenly on (a) Capital preservation, which has been achieved despite some rather adverse circumstances and (b) targetting the 15.4% return, which we feel on track with. Our internal thoughts are whether to adopt a more aggressive strategy (which imho goes outside my mandate and would require a new structure), a continuation of the current strategy (which is tough but possibly achievable) or a wind-down (which gives me my life back but annoys me because I think that we can make this work). More news will be forthcoming but I am always happy to chat personally. ablrate , ablrateandyAny update on the operation of a SM in this loan and more broadly the likely strategy going forward, ie continuation of the current strategy, a more aggressive expansion or wind down as broached in your post of 18 May? Thanks Nick
|
|
|
Post by ablrate on Jul 27, 2017 11:30:34 GMT
Hi
I will bump Andy on this one.
Regards Ablrate
|
|
Balder
Member of DD Central
Posts: 641
Likes: 614
|
Post by Balder on Aug 4, 2017 14:58:07 GMT
Hi I will bump Andy on this one. Regards Ablrate ablrate can you bump him a bit harder please?
|
|
Balder
Member of DD Central
Posts: 641
Likes: 614
|
Post by Balder on Aug 7, 2017 8:38:36 GMT
ablrate your communications on loans is normally good. However this one which is essentially a Business run by one of your employees is poorly communicated. I had an email conversation with David last year about this and he was up for the idea of regular updates being posted on the site. This hasn't happened. Requests for updates go unanswered for ages on here and yes in the past i have asked for an update via the Ablrate site but zero response. All I am after is perhaps a quarterly update on the Business to be posted to the site. Is this unreasonable? Thanks
|
|
pom
Member of DD Central
Posts: 1,922
Likes: 1,244
|
Post by pom on Aug 7, 2017 11:45:53 GMT
ablrate your communications on loans is normally good. However this one which is essentially a Business run by one of your employees is poorly communicated. I had an email conversation with David last year about this and he was up for the idea of regular updates being posted on the site. This hasn't happened. Requests for updates go unanswered for ages on here and yes in the past i have asked for an update via the Ablrate site but zero response. All I am after is perhaps a quarterly update on the Business to be posted to the site. Is this unreasonable? Thanks Have you actually tried contacting Andy directly? He has said many times he's happy for people to do so.
|
|
|
Post by ablrateandy on Aug 7, 2017 11:50:01 GMT
Sorry - just got an email flagging this. Yes - I will get an update out today to all lenders In summary, we have just bought some more boxes and continue to push on. I'll start to make more regular updates as it has to date been a bit too sporadic and for that I apologise.
|
|
jfm
Member of DD Central
Posts: 135
Likes: 67
|
Post by jfm on Aug 7, 2017 21:00:12 GMT
ablrateandy does your mail say we are buying boxes at £1800 and selling at £1800? How does that work?
|
|
Balder
Member of DD Central
Posts: 641
Likes: 614
|
Post by Balder on Aug 8, 2017 7:51:42 GMT
ablrateandy you still haven't provided an update regarding the SM.
|
|
pom
Member of DD Central
Posts: 1,922
Likes: 1,244
|
Post by pom on Aug 8, 2017 9:22:40 GMT
Oh for heavens sake, just email him....I'm not doing it again for you
|
|
Balder
Member of DD Central
Posts: 641
Likes: 614
|
Post by Balder on Aug 8, 2017 9:38:58 GMT
Oh for heavens sake, just email him....I'm not doing it again for you What makes you so sure that I haven't now and in the past "for heavens sake". So without the facts don't jump to conclusions.
|
|
pom
Member of DD Central
Posts: 1,922
Likes: 1,244
|
Post by pom on Aug 8, 2017 9:53:21 GMT
Oh for heavens sake, just email him....I'm not doing it again for you What makes you so sure that I haven't now and in the past "for heavens sake". So without the facts don't jump to conclusions. Fine, whatever...but the pair of you tagging him here when before yesterday he hadn't logged into the forum for weeks, but has repeatedly invited direct emails and had just been seen to respond very quickly to an email request makes no sense.
|
|
nick
Member of DD Central
Posts: 1,055
Likes: 825
|
Post by nick on Jun 4, 2019 13:18:51 GMT
ablrate Is it possible to provide an update on how the business is performing - it has been over a year since the last update. Thanks
|
|
|
Post by ablrate on Jun 4, 2019 17:00:31 GMT
ablrate Is it possible to provide an update on how the business is performing - it has been over a year since the last update. Thanks It is coming. I am awaiting a requested information on sales made recently. I believe that it will be issued on Friday.
|
|
nick
Member of DD Central
Posts: 1,055
Likes: 825
|
Post by nick on Dec 4, 2019 9:38:18 GMT
ablrate can you provide any update in progress in the sell down of the company's remaining containers/assignment of leases and expected outcome and timing of distributions?
|
|