Thinkinloudly,
It may well be for both its capacity as a lender and a shareholder.
What do u mean by "the rules of lending", and "engagement rules" in ur comment below.
"Fundamentally, IMHO the issue with the CBA (especially but to varying degrees all other lenders) is that the rules of lending are not clear...once upon a time it was about capacity to repay and in the event that didn't happen, the capacity for the lender to recover. Now there is a third (and maybe more) aspect and I think it now includes something along the lines of "how will the lenders shareholders feels about this exposure" and/or "what margins can I extract and how can those margins be disguised".
God willing CBA have appointed 333 as part of an assessment to clarify its engagement rules rather than opportunities to exit... heaven forbid VPG seem to have the traditional lending requirements well and truly covered (ie adequacy of cash flow and security)."
- Forums
- ASX - By Stock
- no substance in the weekend afr article
Thinkinloudly,It may well be for both its capacity as a lender...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |