Friday 23 April 2010

Ownerships - o dear....

We cemented our passion for the canals by taking a share on Sylph - an ownerships managed boat, so it is with a lot of sadness I read of fear of financial problems since Allen Mathews death. A flavour of the building frustration at a request to attend a meeting without advanced information can be found here...

Here

I really do hope that all the pre paid management fund money is secure and owners can have their holidays as planned. I do get a feeling of financial over exposure, not dissimilar to the boat builder who uses the most recent persons deposit and first stage payment to complete the build of the last customers boat. Cash flow or lack of can kill a business overnight. I always fear for businesses that rely on the charisma and drive and ambition of the owner.

I think we can only watch this space - and more close to home for me the recent developments at Fradley junction.

Nev

All my speculation I should say, nothing above is based on anything other than my reading between the lines.

8 comments:

Halfie said...

As an OwnerShips owner, and an "investor" in two of the schemes referred to in the Finance Director's letter, you will understand that I'm following developments closely! Lots of fellow owners are trying to encourage each other to be patient and wait for the meeting, but when OS hasn't even sent out an agenda for the meeting it's understandable that the worst is feared. The trouble is that it's almost self-fulfilling: as Simon of Hawksmoor has commented on the OS discussion forum, if owners try to pull out it could be like a run on a bank.

Nev Wells said...

Good luck with it all Halfie, a worry I am sure. One thing is that the boats are the owners so they should be ok. I hope there is enough momentum to sort a solution - it is a good scheme in principal - a shame the scheme grew to the problems it has now.

Let us know how you go on

Nev

日本ダービー said...

第77回 日本ダービー 2010 予想、オッズ、厳選買い目は?人気が平然と馬券に絡む理由とは!?見事に展開を読んで結果を的中させる

玉の輿度チェッカー said...

世の中手っ取り早く、簡単に金持ちに為ったもん勝ち!!そのためのツールが玉の輿度チェッカーです。心理カウンセラーを雇い、一人一人どうすれば人に好かれるか、最終的に結婚へのプロセスに持っていくかのアドバイスを期間限定で無料サービス中です。上手く玉の輿に乗っければ儲けもんです、一度試してみよう

mコミュ said...

mコミュは無料登録で友達を沢山作る事のできる掲示板サイトです。使った事のない人でも簡単に使う事ができるのでお気軽にお立ち寄りください

スタービーチ said...

スタービーチの出合いは他の出合い系サイトのものよりも確実に良い思いができるのは間違いありません。新しい出合いを求めたいと思っているのなら当サイトを利用してください。損はさせませんよ

mコミュ said...

素敵な出 会 いで愛を育む♪理想の人と楽しめる関係を築きませんか?mコミュでしか味わえない幸せを掴みましょう

スタビ said...

スタビが今一番アツイのはご存じでしょうか?夏休みで出会いを探している娘とすぐに会えちゃうんです。登録無料でここまで出会える所は他には存在しません。今登録して良いパートナーに巡り合おう