cedarcourtcapital
Member of DD Central
Listening is not the same as understanding
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Post by cedarcourtcapital on Feb 20, 2019 13:21:30 GMT
Steve, it was not your first post I took slight issue with, it was your second where, after stating you had nothing invested, you seemed to be advising others how they should feel.
Broadening the issue and in possibly not the most appropriate place, I have read elsewhere that whether an author is an investor needs to be stated. I clearly do not believe this myself, for the reasons I stated earlier.
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cedarcourtcapital
Member of DD Central
Listening is not the same as understanding
Posts: 190
Likes: 316
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Post by cedarcourtcapital on Feb 20, 2019 14:09:37 GMT
And that is the exact reason why you should not have felt the need to elaborate on your initial worthy comments, because you have 'no skin in the game'. Quite why you feel the need to advise others on what they ought to feel and desire when you are not in their situation is a little bewildering. To some, well at least me, declaring no interest is like a red rag to a bull. In this case, other than making you appear smug, I fail to see how knowing this adds anything to your comments. Obviously you have read this thread from the beginning, so will know that some people who may wish to comment on the current position have taken part much earlier. Having a current investment really should not be the only criteria for discussing the merits of different views. The loan affects the platform so is clearly of general interest I would suggest. Might I suggest you actually read what I wrote. I did not suggest Steve's comments were worthless, or because he was not in this loan he had no right to comment. I wrote that because he was not in the loan and had made this position known, he had, in my opinion, no right to be suggesting what others who were ought to do or feel.
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Post by Badly Drawn Stickman on Feb 20, 2019 14:12:53 GMT
Obviously you have read this thread from the beginning, so will know that some people who may wish to comment on the current position have taken part much earlier. Having a current investment really should not be the only criteria for discussing the merits of different views. The loan affects the platform so is clearly of general interest I would suggest. Might I suggest you actually read what I wrote. I did not suggest Steve's comments were worthless, or because he was not in this loan he had no right to comment. I wrote that because he was not in the loan and had made this position known, he had, in my opinion, no right to be suggesting what others who were ought to do or feel. There is no difference between the two.
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Carter
Member of DD Central
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Post by Carter on Feb 20, 2019 14:26:55 GMT
Obviously you have read this thread from the beginning, so will know that some people who may wish to comment on the current position have taken part much earlier. Having a current investment really should not be the only criteria for discussing the merits of different views. The loan affects the platform so is clearly of general interest I would suggest. Might I suggest you actually read what I wrote. I did not suggest Steve's comments were worthless, or because he was not in this loan he had no right to comment. I wrote that because he was not in the loan and had made this position known, he had, in my opinion, no right to be suggesting what others who were ought to do or feel. You're losing the plot! 😂😂😂
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rocky1
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Post by rocky1 on Feb 20, 2019 15:06:52 GMT
not just on here it seems a lot of people across many platforms are losing the plot.mainly due to constant BS shovelled out and the frustration of being able to do absolutely nothing about it.
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boundah
Member of DD Central
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Post by boundah on Feb 20, 2019 15:53:55 GMT
cedarcourtcapital , my apologies for intruding with my views and I will leave the NuL hand-wringers in peace. Sometimes I find it hard not to call out nonsense on this forum where I see it. Must try harder. I do have skin in the game, and very much welcome the views of anyone who has taken the time to look at the loan updates and follow the thread.
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Post by queenvictoria on Feb 20, 2019 17:21:36 GMT
Whatever you like, guys; it's your money, not mine. Personally, were I in your shoes, I'd prefer the Borrower focus on the challenges of securing Building Regs sign-off (especially the fire safety issues!) than start making pointless videos to placate impatient lenders. And if paying Moorfields to monitor the Borrower's progress doesn't show you that MT are "verifying his words", what does? I wasn't suggesting that the borrower makes a video. What I was saying was that in my view MT ought to do more to keep lenders informed and a simple video update to show progress might be one of the things they could do to achieve this. It would take someone carrying out an inspection a few minutes to record the evidence on a phone. The long game for MT, surely, is to get out this loan as unscathed as possible and then take lenders onto new deals. To do that they need to take lenders with them. My faith in them is somewhat shortened by my experience of this loan.
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stokeloans
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Post by stokeloans on Feb 21, 2019 15:44:01 GMT
Drove past at 3pm today. No activity on site,gates to the car park locked,pile of rubble and a full skip in view. Must have knocked off early after all their hard work
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keystone
Member of DD Central
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Post by keystone on Feb 21, 2019 16:01:01 GMT
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robski
Member of DD Central
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Post by robski on Feb 21, 2019 16:36:06 GMT
As far as getting updates maybe moneything could offer stokeloans a few $ and have him drive past daily
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Post by quidsaveblue2003 on Feb 21, 2019 17:07:26 GMT
Drove past at 3pm today. No activity on site,gates to the car park locked,pile of rubble and a full skip in view. Must have knocked off early after all their hard work I would like to know if they could get rid of "pile of rubble and a full skip" within 8 working days. waiting for MT's update on 7th Mar.
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Post by Badly Drawn Stickman on Feb 21, 2019 17:22:15 GMT
Drove past at 3pm today. No activity on site,gates to the car park locked,pile of rubble and a full skip in view. Must have knocked off early after all their hard work I would like to know if they could get rid of "pile of rubble and a full skip" within 8 working days. waiting for MT's update on 7th Mar. One mans full skip and pile of rubble is another mans 'Stock of reclaimed architectural salvage'. Given the intended nature of the business this may be a positive sign that goods are arriving.
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stokeloans
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Post by stokeloans on Feb 21, 2019 18:43:27 GMT
I would like to know if they could get rid of "pile of rubble and a full skip" within 8 working days. waiting for MT's update on 7th Mar. One mans full skip and pile of rubble is another mans 'Stock of reclaimed architectural salvage'. Given the intended nature of the business this may be a positive sign that goods are arriving. I never thought of that so I'll rephrase ... Drove past at 3pm Stock arriving 😉 Shame there's no ramp to get in the back doors
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dovap
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Post by dovap on Feb 21, 2019 19:21:45 GMT
yep good to hear. Stock arrived and allowed to develop extra 'patina' - so many more quids of value.
could be the same invisible lads working all the hours in an earlier 'update'
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stokeloans
Member of DD Central
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Post by stokeloans on Feb 21, 2019 19:33:43 GMT
yep good to hear. Stock arrived and allowed to develop extra 'patina' - so many more quids of value. could be the same invisible lads working all the hours in an earlier 'update' Don't mention patina,Drew from Salvage Hunters will be salivating
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