chinaman 1 Posted April 6, 2012 Share Posted April 6, 2012 i keep thinking just let TBK's in and takeoverif only it were that simpleCVA all the way Quote Link to post Share on other sites More sharing options...
broxieman 14 Posted April 6, 2012 Share Posted April 6, 2012 Ok now that we've got that nonsense over with let's get back to discussing RFC.....my thinking all along has been that the HMRC big case has been negotiated (why would anyone bid without knowing about it). So, when I see 10 mill TBK bid I get confused ... if we "owe" 18 mill to Lloyds then that would be the starting point....add on (wild guess) another say 10 mill under a CVA (x pence on the pound), that gets to about 30 mill give or take. Wouldn't that be the minimum bid range...? The only change to that as I see it would be that lloyds would not take a CVA pence in the pound, BUT given that Ticketus money was "used" to pay them off, then they are done and dusted - then the amount "owed" to Ticketus (let's just take the 18 mill for the moment), was advanced through a CW personal guarantee, so they go against him.....but either or both WOULD be subject to a CVA pence on the pound..end result being that my 30 mill above, would be reduced by the CVA pence in the pound.......thus ending with a bid range nearer 20 mill. Christ, now I'M confused...!!! anyhoo, I just think that a due diligence bid, and process, and weeks of investigating, to end up with only 10 mill seems bizarre. Quote Link to post Share on other sites More sharing options...
bluebloodbear 13 Posted April 6, 2012 Share Posted April 6, 2012 put the alcohol down and calm yourselfyou're impressing no-oneI gave Miggy a rep, so he impressed me.Although I did it mainly because you told him to put the alcohol down. Quote Link to post Share on other sites More sharing options...
Thermopylae 15,287 Posted April 6, 2012 Share Posted April 6, 2012 Right so their interest lasted 24 hours ... does anyone actually believe this stuff they keep filling up the papers with? Quote Link to post Share on other sites More sharing options...
chinaman 1 Posted April 6, 2012 Share Posted April 6, 2012 it's good news/bad news....good news/bad news.....a rollercoaster ride if there ever was one Quote Link to post Share on other sites More sharing options...
johanhentze 14,168 Posted April 6, 2012 Share Posted April 6, 2012 record confirms German bit kicked out and p Murray not bothered by the debt figures released today. bill miller is fronting the American bid.This guy??http://en.wikipedia.org/wiki/William_R._Miller_%28businessman%29 Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 6, 2012 Share Posted April 6, 2012 Right so their interest lasted 24 hours ... does anyone actually believe this stuff they keep filling up the papers with? you can be quite sure the Germans are gone. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted April 6, 2012 Share Posted April 6, 2012 This guy??http://en.wikipedia.org/wiki/William_R._Miller_%28businessman%29no he's American and younger. Quote Link to post Share on other sites More sharing options...
johanhentze 14,168 Posted April 7, 2012 Share Posted April 7, 2012 no he's American and younger. Quote Link to post Share on other sites More sharing options...
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