689...
company with strong balance sheet can often chose which bank to get their loan and with good terms.
I think VPGs strategy is to have HUGH AMOUNT of CASH in the account before the any of the loan due for a rollover.
( Its like reeady for war ), from update ( oct. 08 ) we know they have 73 mils. and with 3 lots of property sold, 160 mils ( recieved ) 30 mil ( recieved ) plus 25 mil and 138 mils on the way, plus whatever fees generated from managing 18 bil. porfolio, atleast they dont get push around like most other companies with little cash in their kitty. ( oh, and dont forget their look throught gearing is less then 40% ), CNP has to issue 14.8% of shares just to pay bank fees and charges !!!.
If this one sink I really dont know what id safe.
Who wants to add what I've missed out ?
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