Danny Bahar looks to borrow £500m

Discussion about general Lotus issues
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Podger
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Danny Bahar looks to borrow £500m

Post by Podger » Sun Jan 29, 2012 2:12 pm

Apparently he needs �500M to buy the company, lot of money for a biz that lost �21.4m prex tax :confused:

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Muu
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Re: Danny Bahar looks to borrow £500m

Post by Muu » Sun Jan 29, 2012 2:53 pm

yeah but essentially Lotus is now a startup again

If it's VC money they don't care about P&L more about strategy and potential ROI

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Podger
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Re: Danny Bahar looks to borrow £500m

Post by Podger » Sun Jan 29, 2012 3:35 pm

ROI is a formula that can be manipulated by a number of factors.

The best investment must be a company turnaround and in profit .

ROI is manipulated for the reader

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Muu
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Re: Danny Bahar looks to borrow £500m

Post by Muu » Sun Jan 29, 2012 5:56 pm

Point is VC money is high risk high reward. They'll seek companies making a loss, as if they were in profit and the round was just to scale up current operations they could just go to the bank and pay a % interest.

Secondly the 500m will be tranched anyway.

Depending on ��� I'd be very tempted to put my name down on a 2015 elise.

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Re: Danny Bahar looks to borrow £500m

Post by Podger » Mon Jan 30, 2012 12:04 pm

[quote=Muu]Depending on ��� I'd be very tempted to put my name down on a 2015 elise. [/quote]

You should wait so long !!!

stevegreen

Re: Danny Bahar looks to borrow £500m

Post by stevegreen » Mon Jan 30, 2012 3:26 pm

[quote=Muu]Depending on ��� I'd be very tempted to put my name down on a 2015 elise.[/quote]

What's the betting it will be 1,250kg by then?

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