merlin
Minor shareholder in Assetz and many other companies.
Posts: 902 
Likes: 302
|
Post by merlin on Jun 17, 2014 19:38:12 GMT
This one is doing gas meters, a previous one also from Wales was doing brass band instruments and caught many of us with our trousers around our knees. Hope there is no connection!
|
|
fasty
Member of DD Central
Posts: 1,038
Likes: 388
|
Post by fasty on Jun 17, 2014 20:06:26 GMT
"A" rated I see, but whatever happened to their credit score in December-January? The rate could be tolerable, but I'm wary after my experience with crappy scrappy.
|
|
|
|
Post by rudry2677 on Jun 17, 2014 20:50:33 GMT
"Obviously" ahem, F C has done a full risk assessment...........
Solicitors, Accountants, bandits and thieves should be barred from P2p/b in my opinion.
|
|
|
|
Post by bracknellboy on Jun 17, 2014 20:53:39 GMT
"Obviously" ahem, F C has done a full risk assessment........... Solicitors, Accountants, bandits and thieves should be barred from P2p/b in my opinion. who's left ?
|
|
|
|
Post by rudry2677 on Jun 17, 2014 20:56:25 GMT
You and me  |
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jun 17, 2014 21:21:01 GMT
Clowns are also left. And some species of animal, definitely excluding dragons.
|
|
|
|
Post by yorkshireman on Jun 17, 2014 21:26:50 GMT
|
|
|
|
Post by rudry2677 on Jun 17, 2014 21:35:10 GMT
.............definitely excluding dragons. Does your better half approve? 
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jun 17, 2014 22:36:26 GMT
.............definitely excluding dragons. Does your better half approve? The problem is not because they are dragons, it's more the region in which they do their business - principally the principality. Don't forget 4907 - it's paying on demand but unsaleable.
|
|
|
|
Post by rudry2677 on Jun 18, 2014 6:57:26 GMT
The one scrap merchant came from west of Offa's Dyke I believe, the several Solicitors and Accountants to whom I referred came from east of Offa's Dyke and south of Watford; but of course the principality there  is larger so one would expect a greater number of rouges. |
|
|
|
Post by valerieb on Jun 18, 2014 7:18:17 GMT
Yes, you have to watch out for those rouges!
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jun 18, 2014 7:34:06 GMT
Yes, you have to watch out for those rouges! Yes, try to catch them red-handed.
|
|
merlin
Minor shareholder in Assetz and many other companies.
Posts: 902
Likes: 302
|
Post by merlin on Jun 18, 2014 8:30:37 GMT
Up till now I had not looked too closely at 6490 but just out of curiosity I had a much closer look than at the time when I kicked this thread off. I feel I must say I am rather surprised at the number of parallels that can be drawn between this loan and crappy scrappy including the dive in credit rating and reason for loan. I sincerely hope that this loan does not follow the pattern of the former loan into the future. FC really would have egg on their face if that happened.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Jun 18, 2014 8:46:11 GMT
When I saw the thread title I was wondering how much money could be made from totally demolition of and reconstitution/redistribution of the whole principality. What would the security be on the loan? Three tons of leeks and a daffodil mixed in with a few plates of lava bread? No wonder Peter Hain is doing a runner!  |
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jun 18, 2014 9:51:46 GMT
Up till now I had not looked too closely at 6490 but just out of curiosity I had a much closer look than at the time when I kicked this thread off. I feel I must say I am rather surprised at the number of parallels that can be drawn between this loan and crappy scrappy including the dive in credit rating and reason for loan. I sincerely hope that this loan does not follow the pattern of the former loan into the future. FC really would have egg on their face if that happened. Agreed, but a harsh judgement from a vicar (avatar interpreted). This one seems to be a Welsh A rating. Beautifully pitched from the land of song, but with a mythological beast waiting behind the choir. Perhaps a business which makes inadequate profits from a decent turnover, instead of addressing the cost structure wants to spend money to increase the turnover and GP - and needs to support cash flow while that happens. Trouble is the market depends on someone else investing in a replacement programme in Wales, so is out of control of the borrower. They have new long term contracts and perhaps need to replace machinery and cannot do it from the business. I would have said it was OK for the first payment, but after Welsh 4907, when three CCJs emerged after six days and it all went RBR on us. Well now I am more cautious. The mythological theme in the title may extend to the business plan which we do not have - and which would be essential to lending in my view.
|
|
is larger so one would expect a greater number of rouges. 
