jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808 
Likes: 3,242
|
Post by jonno on Dec 11, 2018 15:18:11 GMT
Leaves on the line  |
|
rs
Member of DD Central
Posts: 467
Likes: 254
|
Post by rs on Dec 11, 2018 15:46:08 GMT
What on earth could take this long? Maybe some of the toy trains (railway memorabilia) are missing from storage and they're negotiating with the dealer on the missing toy trains?
|
|
jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808
Likes: 3,242
|
Post by jonno on Dec 11, 2018 16:00:44 GMT
What on earth could take this long? Maybe some of the toy trains (railway memorabilia) are missing from storage and they're negotiating with the dealer on the missing toy trains? Well if that's the case we should all report FS to the FCA (Fat Controller Authority) 
|
|
mariner
Member of DD Central
Posts: 168
Likes: 338
|
Post by mariner on Dec 11, 2018 16:12:39 GMT
Just what we have all come to expect from FS, total incompetence
Thought the new director/owner (whatever) may have made some improvement, but no, just as bad as the other two & that is saying something
|
|
adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
|
Post by adrian77 on Dec 11, 2018 17:33:14 GMT
I too see no excuse for this delay - surely FS aren't playing for time in order to keep the default out of the 2018 figures? I have a horrible feeling this one is going the same way as Crossrail...
|
|
|
|
Post by dan1 on Dec 11, 2018 17:44:05 GMT
Leaves on the line Wrong thread jonno 
|
|
Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Dec 11, 2018 18:17:09 GMT
This seems to be made up of lots of different assets I’m left with £80 ish . On looking back I made more than this in interest so no overall loss . I see some previous railway stuff had 228.58% LTV so I suspect made up from numerous other loans so I would imagine nobody has any great sums at risk if you take off interest already paid.
Please feel free to give us your experience if you have an overall loss as it always helps to avoid similar situations in the future.
|
|
Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
|
Post by Godanubis on Dec 11, 2018 18:19:57 GMT
I too see no excuse for this delay - surely FS aren't playing for time in order to keep the default out of the 2018 figures? I have a horrible feeling this one is going the same way as Crossrail... Crossrail just given billions more do you think FS will be looking to do the same ? Nice hotel in Whitehaven with development/ nefarious opportunities.
|
|
p2ploser
Member of DD Central
Posts: 163
Likes: 221
|
Post by p2ploser on Dec 11, 2018 20:28:17 GMT
I too see no excuse for this delay - surely FS aren't playing for time in order to keep the default out of the 2018 figures? I have a horrible feeling this one is going the same way as Crossrail... This is 20 months late. Don’t think cross rail will be that late.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,337
Likes: 11,562
|
Post by ilmoro on Dec 11, 2018 20:35:32 GMT
I too see no excuse for this delay - surely FS aren't playing for time in order to keep the default out of the 2018 figures? I have a horrible feeling this one is going the same way as Crossrail... This is 20 months late. Don’t think cross rail will be that late. 2yrs is the current estimate but who knows. Sadiq appears not to have his hands on the controls (allegedly)
|
|
|
|
Post by Badly Drawn Stickman on Dec 11, 2018 21:08:21 GMT
I too see no excuse for this delay - surely FS aren't playing for time in order to keep the default out of the 2018 figures? I have a horrible feeling this one is going the same way as Crossrail... This is 20 months late. Don’t think cross rail will be that late. I'm struggling a bit with the juxtaposition of one of the great civil engineering undertakings of modern times with a collection of 'toys' that should probably have been sold in a charity shop. I must confess I was never in this loan so may be being a shade insensitive to its importance.
|
|
|
|
Post by df on Dec 11, 2018 22:46:04 GMT
This is 20 months late. Don’t think cross rail will be that late. I'm struggling a bit with the juxtaposition of one of the great civil engineering undertakings of modern times with a collection of 'toys' that should probably have been sold in a charity shop. I must confess I was never in this loan so may be being a shade insensitive to its importance. Good for you not indulging yourself with peculiar investments  The toys are worth more than car boot price, but selling collections like this is never easy. I've ended up with the whole bunch of them because I was new to it and didn't suspect that all of them are to the same borrower, I thought train memorabilia could be a popular pawn asset like Rolex watches, posh vehicles and so on.
|
|
ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
|
Post by ozboy on Dec 11, 2018 22:53:18 GMT
I'm struggling a bit with the juxtaposition of one of the great civil engineering undertakings of modern times with a collection of 'toys' that should probably have been sold in a charity shop. I must confess I was never in this loan so may be being a shade insensitive to its importance. Good for you not indulging yourself with peculiar investments The toys are worth more than car boot price, but selling collections like this is never easy. I've ended up with the whole bunch of them because I was new to it and didn't suspect that all of them are to the same borrower, I thought train memorabilia could be a popular pawn asset like Rolex watches, posh vehicles and so on. I thought so too, I never bought any but am surprised they haven't shifted. Model trainy people go nuts with their spending on these things so I remain surprised. Perhaps too many hitting the market in a short space of time? Still perplexing when there's a worldwide market, I'd have thought the massive yank market alone would have snapped 'em up.
|
|
|
|
Post by df on Dec 11, 2018 23:18:37 GMT
Good for you not indulging yourself with peculiar investments The toys are worth more than car boot price, but selling collections like this is never easy. I've ended up with the whole bunch of them because I was new to it and didn't suspect that all of them are to the same borrower, I thought train memorabilia could be a popular pawn asset like Rolex watches, posh vehicles and so on. I thought so too, I never bought any but am surprised they haven't shifted. Model trainy people go nuts with their spending on these things so I remain surprised. Perhaps too many hitting the market in a short space of time? Still perplexing when there's a worldwide market, I'd have thought the massive yank market alone would have snapped 'em up. I'd imagine so, but I doubt FS has a capacity to reach that far across the ocean in order to sell growing numbers of defaulted assets (subject to availability). It looks like they are drowning in them, not as deep as Ly, but quite close.
|
|
|
|
Post by Badly Drawn Stickman on Dec 12, 2018 7:09:25 GMT
I'm struggling a bit with the juxtaposition of one of the great civil engineering undertakings of modern times with a collection of 'toys' that should probably have been sold in a charity shop. I must confess I was never in this loan so may be being a shade insensitive to its importance. Good for you not indulging yourself with peculiar investments The toys are worth more than car boot price, but selling collections like this is never easy. I've ended up with the whole bunch of them because I was new to it and didn't suspect that all of them are to the same borrower, I thought train memorabilia could be a popular pawn asset like Rolex watches, posh vehicles and so on. Curiously I have an uncle who is an avid collector of a wide range of things, including a train set that fully occupies one bedroom (entrance to which involves crawling under boarding which supports the track). He never married surprisingly. So I am due to inherit these wonders at some point, or more accurately a quarter of it. My brother and myself are the nominated executors of the estate, he has valued these as 'got to be worth a bit'. I value them as 'Lord we will be months ploughing through that lot'. All things are relative I guess.
|
|
The toys are worth more than car boot price, but selling collections like this is never easy. I've ended up with the whole bunch of them because I was new to it and didn't suspect that all of them are to the same borrower, I thought train memorabilia could be a popular pawn asset like Rolex watches, posh vehicles and so on.