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Post by Deleted on Jun 27, 2017 9:48:00 GMT
I see this is coming around, just to remind all, it is not a Dutch Barge, it is a barge made in the Netherlands (very different thiings)
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stub8535
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Post by stub8535 on Jun 27, 2017 9:52:22 GMT
I see this is coming around, just to remind all, it is not a Dutch Barge, it is a barge made in the Netherlands (very different thiings) Is a barge made in the Netherlands the same as a train make in Korea? Would a Dutch barge have intrisic value due to its rarity or usage?
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Post by Deleted on Jun 27, 2017 10:12:46 GMT
A Dutch Barge; you get two types, the true en.wikipedia.org/wiki/Dutch_barge which is normally of very high value (sail driven and with side-boards) (BTW side-boards are not where you keep the drinks) and has a historical rarity value which will not go away during a downturn. Then you get basically a tough little slug of a motorised thing, which I'd avoid and is just a marketing name. You can even buy British "Dutch Barges"
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stub8535
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Post by stub8535 on Jun 27, 2017 10:53:15 GMT
You stole my resulting question on sideboards @bobo😁 This is what I expected to come back. I wonder if FS will adjust their false advertising description? 😇
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09dolphin
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Post by 09dolphin on Jun 27, 2017 11:52:37 GMT
I was considering a small investment and I remain "undecided". Some people seem to have problems with the description of this asset. If the description is incorrect OK as long as the valuation is correct. If the valuation is correct what does it matter how it's described?
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rs
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Post by rs on Jun 27, 2017 11:56:38 GMT
I suppose the value of the dutch barge should be what the borrower paid for it to the other borrower. I'm not sure if we know this or not.
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ozboy
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Post by ozboy on Jun 27, 2017 12:00:50 GMT
Oh Dear, "Accurate & Honest" Valuations? tbf, maybe Valuers of Floaty Things are possibly a more "reliable"and "honest" bunch than some Valuers of Buildings Things? I'm not investing in this but it will be interesting to see if anyone's DD results match the Valuation.
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jonno
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nil satis nisi optimum
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Post by jonno on Jun 27, 2017 12:10:14 GMT
Will this end up as a dutch auction?
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stub8535
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Post by stub8535 on Jun 27, 2017 14:35:40 GMT
I was considering a small investment and I remain "undecided". Some people seem to have problems with the description of this asset. If the description is incorrect OK as long as the valuation is correct. If the valuation is correct what does it matter how it's described?
Would you have chosen a Halewood Friday pruced Ford in the over a Dagenham one in the dark days of the 70s or 80s? If they were miss labelled then yoi would have grounds to sue the seller for psssing off seemingly inferior goods as a superior product. In this situation a barge (Dutch) that is seaworthy and has facilities for a sail is what the description suggests when it may only be good for inland canals, wherever it was made. Valuations would be vastly different dependent upon the purchasers intended use. As we do not know this then how can we judge the selling price as being correct if the borrower is likewise mislead? Now, wheres me bargepole?
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ozboy
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Post by ozboy on Jun 27, 2017 14:49:55 GMT
I was considering a small investment and I remain "undecided". Some people seem to have problems with the description of this asset. If the description is incorrect OK as long as the valuation is correct. If the valuation is correct what does it matter how it's described?
Would you have chosen a Halewood Friday pruced Ford in the over a Dagenham one in the dark days of the 70s or 80s? If they were miss labelled then yoi would have grounds to sue the seller for psssing off seemingly inferior goods as a superior product. In this situation a barge (Dutch) that is seaworthy and has facilities for a sail is what the description suggests when it may only be good for inland canals, wherever it was made. Valuations would be vastly different dependent upon the purchasers intended use. As we do not know this then how can we judge the selling price as being correct if the borrower is likewise mislead? Now, wheres me bargepole?Wanna borrow one of mine stub8535? I've got plenty of 'em!!!
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stokeloans
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Post by stokeloans on Jun 28, 2017 5:26:38 GMT
Would that be a Dutch barge pole I require
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stub8535
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Post by stub8535 on Jun 28, 2017 10:08:09 GMT
Would that be a Dutch barge pole I require Polish, Russian, Chinese don't think it matters for a 10 foot piece of iron tipped wooden stave! Unless you want British jobs protected or human ri...... goodnes, political! Think I may change tack using my sale (sic)
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ashtondav
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Post by ashtondav on Jun 28, 2017 10:08:55 GMT
Only if you live in Nether Netherlands
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n
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Post by n on Jun 28, 2017 10:11:39 GMT
Would that be a Dutch barge pole I require Polish, Russian, Chinese don't think it matters for a 10 foot piece of iron tipped wooden stave! Unless you want British jobs protected or human ri...... goodnes, political! Think I may change tack using my sale (sic) Is that smiley what you would call a port beam? And is that sea (sic)?
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09dolphin
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Post by 09dolphin on Jun 28, 2017 10:45:16 GMT
I was considering a small investment and I remain "undecided". Some people seem to have problems with the description of this asset. If the description is incorrect OK as long as the valuation is correct. If the valuation is correct what does it matter how it's described?
Would you have chosen a Halewood Friday pruced Ford in the over a Dagenham one in the dark days of the 70s or 80s? If they were miss labelled then yoi would have grounds to sue the seller for psssing off seemingly inferior goods as a superior product. In this situation a barge (Dutch) that is seaworthy and has facilities for a sail is what the description suggests when it may only be good for inland canals, wherever it was made. Valuations would be vastly different dependent upon the purchasers intended use. As we do not know this then how can we judge the selling price as being correct if the borrower is likewise mislead? Now, wheres me bargepole? My point was that the description is unimportant to me providing the valuation is accurate. It's a boat but hopefully the person making the valuation is aware of the difference between a Dutch Barge and any other sort of barge.
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