optimist
Member of DD Central
Posts: 124
Likes: 72
|
Post by optimist on Mar 13, 2023 18:03:01 GMT
LOL, you forgot the bit where we therefore become liable for the mounting costs which are deducted from all other unrelated loans, and then they start sending the bailiffs after us
At the moment Abl seem to still be functioning, AF is making new deals and gaining liquidity and Putin is keeping prices high It's not a great place to be, but as I'm here, it seems that it may be less of a loss than it did last month. Positive is relative and my expectations are lower, not helped by SVB hitting startup investments.
|
|
r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
|
Post by r1200gs on Jun 13, 2023 18:10:34 GMT
In Ablrate's January 2023 update, the Doncaster project was "due to be completed and up and running in April 2023" In Ablrate's May 2023 update, it "should be completed and running soon" The 1 year anniversary of the involvement of the new lender is 4 days away V plc's announcement about funding (linked to it buying more of AF's battery sites) was, in Ablrate's May 2023 update, at the stage where "there will be more information forthcoming in the week begginning 22nd May" --- Who fancies a crab's leg for tea? At £85 for one course? The wife and I just shared fish and chips here in the north east of England, that was a treat. It will remain so I feel, the £15,000 I have on the Ablrate platform has gone I reckon. How many years to sell two airplanes?
|
|
agent69
Member of DD Central
Posts: 6,043
Likes: 4,437
Member is Online
|
Post by agent69 on Jun 13, 2023 19:04:24 GMT
At £85 for one course? The wife and I just shared fish and chips here in the north east of England, that was a treat. It will remain so I feel, the £15,000 I have on the Ablrate platform has gone I reckon. How many years to sell two airplanes? Several years ago my microwave was on the blink, so I took it to a local electrical shop to see if they could repair it. A couple of days later I got a call from the engineer, who said I've got some good news and some bad news:
- the bad news is that the inverter in the microwave is broken and it would be cheaper to buy a new microwave rather than repair yours.
- the good news is that I've got it in bits on the bench and I can throw it stright in the skip if you want
I suspect that the ultimate fate of the aircraft will be the same as my microwave. It will cost more to get them airworthy than they are worth, and they will end up alongside my microwave in the skip.
Fortunately, I'm only in this loan for a couple of hundred.
|
|
Greenwood2
Member of DD Central
Posts: 4,385
Likes: 2,784
|
Post by Greenwood2 on Jun 13, 2023 19:08:13 GMT
At £85 for one course? The wife and I just shared fish and chips here in the north east of England, that was a treat. It will remain so I feel, the £15,000 I have on the Ablrate platform has gone I reckon. How many years to sell two airplanes? Several years ago my microwave was on the blink, so I took it to a local electrical shop to see if they could repair it. A couple of days later I got a call from the engineer, who said I've got some good news and some bad news:
- the bad news is that the inverter in the microwave is broken and it would be cheaper to buy a new microwave rather than repair yours.
- the good news is that I've got it in bits on the bench and I can throw it stright in the skip if you want
I suspect that the ultimate fate of the aircraft will be the same as my microwave. It will cost more to get them airworthy than they are worth, and they will end up alongside my microwave in the skip.
Fortunately, I'm only in this loan for a couple of hundred.
Meaning I've now got a load of spares for other Microwaves I'm fixing but I can't fix yours.
|
|
brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 400
Likes: 416
|
Post by brianlom1 on Jun 13, 2023 21:20:07 GMT
DBW believes he sent an "Addendum of 06/03/2023 detailing the rationale of the V****n deal" (with F*******r) - I didn't receive the update, did anyone else?
|
|
agent69
Member of DD Central
Posts: 6,043
Likes: 4,437
Member is Online
|
Post by agent69 on Jun 13, 2023 21:47:53 GMT
Meaning I've now got a load of spares for other Microwaves I'm fixing but I can't fix yours. Given the age of the microwave, I suspect the only reusable bit was the 3 pin plug.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,549
|
Post by ilmoro on Jun 13, 2023 22:24:11 GMT
DBW believes he sent an "Addendum of 06/03/2023 detailing the rationale of the V****n deal" (with F*******r) - I didn't receive anything, did anyone else? Nothing here. They posted the regulatory announcement & an addendum saying they were going to post something more detailed later once it had been signed off by the company. Anything they send should be on the website for all investors to see or at least a notification that something has been emailed so investors know to check emails/spam & chase if they haven't received it.
|
|
brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 400
Likes: 416
|
Post by brianlom1 on Jun 14, 2023 8:12:03 GMT
DBW believes he sent an "Addendum of 06/03/2023 detailing the rationale of the V****n deal" (with F*******r) - I didn't receive anything, did anyone else? Nothing here. They posted the regulatory announcement & an addendum saying they were going to post something more detailed later once it had been signed off by the company. Anything they send should be on the website for all investors to see or at least a notification that something has been emailed so investors know to check emails/spam & chase if they haven't received it. I've just checked and you're right, the 6th March addendum is posted on the website - my issue is I didn't receive notification by email, did anyone else?
|
|
macq
Member of DD Central
Posts: 1,934
Likes: 1,199
|
Post by macq on Jun 14, 2023 11:49:03 GMT
Meaning I've now got a load of spares for other Microwaves I'm fixing but I can't fix yours. Given the age of the microwave, I suspect the only reusable bit was the 3 pin plug. Now if only the plane/s had a plug we might get some good news
|
|
|
Post by darren on Jun 16, 2023 11:49:39 GMT
Inbox full of AF loan updates... I just have a mental image of Frank Drebin telling us, "absolutely nothing to see here!"
|
|
r1200gs
Member of DD Central
Posts: 1,336
Likes: 1,883
|
Post by r1200gs on Jun 16, 2023 12:00:16 GMT
Yup, four emails of absolutely nothing.
|
|
|
Post by df on Jun 16, 2023 12:06:10 GMT
Yup, four emails of absolutely nothing. Only 4? I received 15 It's good to know that we might have some AF news at some point soon.
|
|
dh1
Member of DD Central
Posts: 409
Likes: 463
|
Post by dh1 on Jun 16, 2023 12:23:35 GMT
My count is 9. Personally, I don't really care about the words (bearing in mind that Ablrate words generally = delay); what I want is my money back along with the interest owed so I can get it working elsewhere.
I admit that I am somewhat miffed that I am funding somebody else's business - at significant risk - for no real, proximate, return. That applies to all my current non-paying Ablrate loans, of course.
|
|
brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 400
Likes: 416
|
Post by brianlom1 on Jun 26, 2023 18:00:51 GMT
Anyone like to hazard a guess as to why the update promised the week before last hasn't been issued?
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,549
|
Post by ilmoro on Jun 26, 2023 18:53:12 GMT
Lost track a bit ... do we know about the CVA on CeeHeeBeeGee Prop (ex FProp) & F Pod that Abl signed off on about 10 days ago? Not even sure which loans these related to anymore or if its the primary borrower
|
|