mnm
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Post by mnm on Oct 29, 2016 12:07:58 GMT
C***y H*r* Ltd. Any thoughts?
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Liz
Member of DD Central
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Post by Liz on Oct 29, 2016 20:39:09 GMT
A weak £ could really hurt this firm.
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Post by dodgeydave on Oct 30, 2016 1:40:31 GMT
C***y H*r* Ltd. Any thoughts? If you check the site map , All their payments have been on time. I also lent against this loan. As Liz says the pound / dollar will be hurting. I wont be lending , nothing against this company but i still need to see action on reducing bad debts
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Post by captainconfident on Oct 30, 2016 18:22:47 GMT
In a dystopian future which may be a week away, President Trump's trade wars and other wars may engender a degree of ill will towards US products.
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mnm
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Post by mnm on Oct 30, 2016 22:44:51 GMT
C***y H*r* Ltd. Any thoughts? mnm , not wanting for you to feel lonely over here I thought I'd drop by and add this to your thoughtfulness: C**** H**O Ltd was one of the best subscribed applications of 2014, this was the year that they 1st came to Rebuilding Society.com and importantly to it's (then) confident and trusting lending Community. By all accounts this Company has developed well since then, grown their product range and expanded their Brand and distribution both here in UK and within the European Union, basically their products and services are a winning combination a combination steered by above decent management credentials. I and many others were BIG supporters of this Company and their initial loan request back in 2014 and consequently this application was found to be heavily oversubscribed, no lender was found to be misguided in their personal assessments or in their respective decisions to lend, Not once has this Borrower failed to meet their obligations to their Rebuilding Society.com lenders; they have delivered on time with repayments, on time and every-time. A certain American 'sparring partner' and a passionate mnm candy coated peanut sweet toothesque may jointly agree that bidding Big on the first request was the right choice and neither did this rather outspoken nae direct Scotsman, the latter only restricted in his funding allocation by his ability to lend. Both the American and the Scot wholeheartedly approved of this Company and it's 2014 request for funds and the former would likely look to support it again because a sensibility toward American C**** Small Business lending would likely outweigh his love affair with predictive outcomes, whereas this persistent Scot will likely not commit funds this time around because he's found anchored to something on account that hasn't been credited to a recovery yet but could given broader enlightenment. Who would wish to perpetuate a 'Boston Tea Party' where a persistent sweet tooth is concerned, what price a little amalgam? Best regards. @magenta14. Thank you this is very helpful.
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mnm
Posts: 65
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Post by mnm on Oct 30, 2016 22:46:05 GMT
A weak £ could really hurt this firm. Liz. Very good point. If you were investing in this what method would you use for a happy investment outcome.
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Post by baggiesman on Oct 31, 2016 10:06:03 GMT
Nobody appears to have mentioned a possible moral issue. The number of people with Type 2 Diabetes is going through the roof. Flogging more sugary products is a bit like opening a tobacconist. There is also the fact that spending on sweets is discretionary. With the probability of 'stagflation' in the near future people will have less disposable income to spend on luxuries. A choice between bread and bonbons will inevitably favour the former. The idea that this loan is 'secured' is risible. The property equity is neglible given that itis effectively pledged elsewhere. Furthermore, it is standard practice to write off around 30% of the LTV in the event of a forced sale, particularly where there is a second charge. As for PGI, does anybody know of a single case where such a policy has had a successful claim? Speaking as a former insurance broker, it is my view that the policy terms are so onerous that it will be very easy for claims to be dismissed. Do REBS receive commission from the PGI insurer? If they do, the amount should be stated on the loan application onsite page. How many PGs have REBS been able to rely upon to ensure that defaulted loans are recovered?
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Post by dodgeydave on Oct 31, 2016 11:04:41 GMT
Have no fear i can answer that question.
Of the 35 loans i list in Default.
34 have PG 1 has debenture only.
One We***it has a PG worth 300k on a loan of 61k.
And we have not seen one penny back
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Post by baggiesman on Oct 31, 2016 11:25:19 GMT
Good of you to clarify that, dave, but it really was a rhetorical question! What awful figures, but it is Halloween..........
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Post by dodgeydave on Oct 31, 2016 11:34:03 GMT
Good of you to clarify that, dave, but it really was a rhetorical question! What awful figures, but it is Halloween.......... I guess we know the answer but others might not. We might have to go trick or treating to get some cash in
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mnm
Posts: 65
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Post by mnm on Nov 3, 2016 8:40:45 GMT
Nobody appears to have mentioned a possible moral issue. The number of people with Type 2 Diabetes is going through the roof. Flogging more sugary products is a bit like opening a tobacconist. There is also the fact that spending on sweets is discretionary. With the probability of 'stagflation' in the near future people will have less disposable income to spend on luxuries. A choice between bread and bonbons will inevitably favour the former. The idea that this loan is 'secured' is risible. The property equity is neglible given that itis effectively pledged elsewhere. Furthermore, it is standard practice to write off around 30% of the LTV in the event of a forced sale, particularly where there is a second charge. As for PGI, does anybody know of a single case where such a policy has had a successful claim? Speaking as a former insurance broker, it is my view that the policy terms are so onerous that it will be very easy for claims to be dismissed. Do REBS receive commission from the PGI insurer? If they do, the amount should be stated on the loan application onsite page. How many PGs have REBS been able to rely upon to ensure that defaulted loans are recovered? baggiesman. I dont understand the business side enough to comment. The possible moral issue of selling more sugar could be a fair point. The number of people with the self inflicted Type 2 Diabetes disease is rising rapidly and costing the NHS a lot of money. The comparison to opening a tabacconist is not correct. We dont need cancer causing unnatural sustances as part of the human diet. Sugar is required as part of a balanced diet. The combination of too much sugar, not enough excersise, poor life style choices is the cause of Type 2 Diabetes. You could argue by not investing in C**** H*** we are doing our bit to help Type 2 Diabetes people but this would only be self delusion on the part of the investor. If a Type 2 Diabetes person, and those at risk of Type 2 Diabetes, continue to ignore advice from qualified experts and signs from there own body and continue to pursue there own selfish life style of living then they only have themselves to blame for the results to there own body. When Type 2 Diabetes gets to the stage of that person having a limb sawn off due to that person chasing there own lazy and immediate self gratification a small moral issue stance of not investing in a sweet shop from others is meaningless. I would like to see a high, high, high, high sugar tax, ring fence it for NHS to pay for these Type 2 Diabetes problem people. If banning the selling of sweets and chocolate things were the answer to this terrible disease I could agree with your morall issue arguement.
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mnm
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Post by mnm on Nov 13, 2016 18:16:00 GMT
Its making progress. Will it complete? There seem to be more security on offer. They are say this business is trending up? How do we know?
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Post by baggiesman on Nov 16, 2016 23:22:49 GMT
The only way this loan will fill is for a really big punter like rb, who has already committed £50K, to lend a huge amount. Notwithstanding the fact that thisis an existing borrower, I think it very unlikely, given its figures, that CH will be around in 5years' time. If it does go bust, the chances of recovering anything, given the nature of the'security' is negligible and I havetaken into account the attempt to improve this. As dodgy dave points out ReBS have a pathetic recovery record mainly because they do notput the necessary resources into recoveries. Has anyone attempted to recover some second- hand gobstoppers? The bulk of the company's assets are around £500K in stock.
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kaya
Member of DD Central
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Post by kaya on Nov 18, 2016 16:53:00 GMT
Given Rebs record regarding the enforcing of 'security', I would take the security offered here with enough pinches of salt to counterbalance the sugar in their snacks. Might be worth a short-term punt, however - assuming some benelovent benifactors care to fill the loan, obviously.
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Post by dodgeydave on Nov 30, 2016 14:43:24 GMT
The loan has been extended. Which comes as no surprise.
But reading the discussion page i would of thought it was obvious why the loan has not filled. So i dont see how this extension will achieve anything
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