Brompton going tits up?

[bikeworkshop]

The mention of £19 million in venture capital may explain issues. Classic path is to regain your stake plus a hefty return by loading up with debt and lease back deals. Interest and leases then pull the fim over

Brilliant analysis -
I was totally with you until
"pull the fim over"
where i found myself in the dark...

 

[Betsy]

He’s pulled the fim over your eyes..

 

[Canuk]

He’s pulled the fim over your eyes..

His notes are in the folder...

 

[bagpuss]

With that little profit no one is holding much in the way folding

 

[bontybonty]

Pull the firm over with the debt

 

[Canuk]

I don't understand much of the macro economics, but if I was a CEO and results came back 99% crash in profits, I'd be bricking it ..

 

[bikeworkshop]

You pay 99% less tax on 99% less profit.
If the venture capitalists get in there,
Like Costa coffee buying £1million of coffee from their business arm in Switzerland - that famous coffee-growing country with a very low tax rate on profits