Implications of Brexit!

[greymrj]

I did start this following a conversation with insurers, and it was about taking a car to mainland europe if we were out!
Got some interesting and revealing views though.

Politics!! Just wondering if I ought to start a post on the religious aspects of S ownership

[Top Gear TVR]

Only if you believe in freedom of opinion

[greymrj]

Belief in self preservation comes first!!!!!!!!!!!!!!!!

[Oldred_V8S]

greymrj said:

Belief in self preservation comes first!!!!!!!!!!!!!!!!

You mean the S Preservation Society, Have you not seen the video?

[greymrj]

I have Paul, great it was too. My kind of religious experience....except for the heights!

[PhilH42]

glenrobbo said:

PhilH42 said:

I don't remember joining being so high profile funnily enough. If the vote is out, which I think is highly unlikely bearing in mind the spin from the government IN and the media, there will be a re-vote as soon as they can manage it.*

Nothing is black and white of course, good and bad in everything but there was life before and there would be again. As for how it would play out...the same as being IN which hasn't exactly worked out greatly in all areas...but I'd rather it was in our control.

I question our popularity IN or OUT **.

IN or OUT? I think we should do the Hokey Cokey and turn around

• Yes, and they will keep having referenda until they get the answer they want! Obviously Cameron will be given the elbow for mistakenly allowing the plebs a say in the first place.

• They love us really, they are just too shy to show it.

I am wondering what all this has to do with TVR S Series?

Not wanting to resurrect the topic of course but it is Tvr related Glen.

Finding the nuts on the drivers door card.

You put your left arm in
your left arm out
In, out, in, out,
You shake it all about.
You do the Hokey Cokey and you turn around
That's what it's all about

Just trying to get in to an S1

You put your left leg in
your left leg out
In, out, in, out,
You shake it all about.
You do the Hokey Cokey and you turn around
That's what it's all about

[Danattheopticians]

WELL DONE BRITAIN!!! Well done on: Crashing the Stock Market: Ruining Pensions: Crashing the value of our currency to a 31 year low: all overnight! Hopefully the NEW TVR plant in Wales will help restore some of the damage and bring the country back to it's feet!
52% of the country are waking up this morning with a hangover from hell thinking "What the "F" did I do last night?!"

[4x4Tyke]

The debate was never allowed to develop to that level so we don't really know, but this video does discuss this a little.

https://www.facebook.com/profile.php?id=750777770

[phazed]

I watched the 8am news with genuine trepidation, then C's resignation, (no appropriate smilie to describe my feelings)

Think I'll take the day off, wash the car, go for a drive and contemplate the worst....................

[4x4Tyke]

Alex Salmond: second Scottish independence referendum is certain
Former first minister says Brexit means Scotland, which voted to remain, must hold vote before UK actually leaves EU

http://www.theguardian.com/politics/2016/jun/24/al...

[greymrj]

Dont forget turmoil for Ireland. But getting back to TVR.
What exactly does this mean to TVR as a re-emerging company. The re-development of the valleys in Wales depended on EU money to a major extent. TVR would depend first on a UK market, second on an EU market and third on an American market. That is where the TVR enthusiasts are, and it is a narrow enthusiasts market. If you are managing TVR or financing it, is this the time to launch a new company in the UK?
What could that mean to the financial viability of TVR Parts, although technically separate companies one cannot survive without the other? Deep uncertainty, at a level I have not known in my life, is never good for a new business.
I dont know, but neither do the leave proponents and that is very deeply worrying to me.

[phazed]

No-one knows which is the frightening thing.

We are stepping through the door into huge uncertainty, let's hope we are wearing strong boots as the going won't be easy.

And then there is Trump over the pond, can it get worse?

As for TVR, I bet LE is more then thoughtful this morning.........

[4x4Tyke]

Pressure back on Gibraltar, I worked there a lot over the last few years and know people still there, they are might pissed this morning, definitely more pissed than shocked, seem like they were expecting it.

http://www.bbc.co.uk/news/world-europe-36618796

[ChimpOnGas]

phazed said:

We are stepping through the door into huge uncertainty, let's hope we are wearing strong boots as the going won't be easy.

Its pretty clear for me Peter...

I work for a French company, we buy 95% of our products centrally from our French HQ to take advantage of our 3.3bn Euro global group buying power so the UK subsidiary uses our hard won Sterling to bring in the stock we need from France, the traded Sterling figure being typically £42m of stock annually.

In simple terms now the pound is massively weakened against the Euro all our stock has suddenly become 10% more expensive to buy and bring into the UK before we then sell it to our existing customers, but we can't sell it to our customers for 10% more due to existing contractual price agreements. All that happens is we lose a big chunk of the small margins we we're currently making, I guarantee you the next thing that'll happen is my bosses will look to cover this fall in margin with new contracts agreed with new clients and at much higher prices (this is my job).

Basically when I pitch for new clients now I will be forced by my director to increase my prices, possibly by as much a 10%!!! This means I won't win any new business because my bids will be way too expensive and the big American competitors I fight with on a daily basis will eat me for breakfast.

If this happens my French parent company may well feel it's UK subsidiary is hurting their overall global business too much and so cut their losses, they've already sold our subsidiary in Canada and a host of other countries for very similar reasons so it's not like they won't sell their UK one if it starts giving them too much pain.

What kind of financially ignorant retard votes out???

The EU was a fantastic trade club that gave business the opportunity to cross boarder trade with far fewer restrictions, no matter what anyone tells you this has worked really well for the UK for many years. Brexit Muppets will claim we will save millions, what tosh, the flow of money was always fairly equal and the UK always negotiated our deals brilliantly and to the advantage of the UK.

How many of these extra millions are we really going to have, and where in Gods name are they going to come from if the country slides into another recession? The truth is 99% of any country's fiscal security is totally bound up in the confidence shown by the other global money markets. In the UK and unlike Germany we don't really make stuff any more, all the UK wealth actually comes from trading stocks & currency globally.

So if the global markets lose confidence in the UK we are in big big trouble, and here's this morning's vote of confidence!

• Lloyds down 27%

• Barclays down 30%!

• FTSE down 7% then an hour later to 8.3%, two hours later and the meltdown continues and is now down 10%!!!!

It's like 1992 all over again, this could well be another Black Wednesday, maybe worse!

Edited by ChimpOnGas on Friday 24th June 11:55

[Danattheopticians]

I don't see a 52/48 split in todays comments on here at least, looks 100% wish we were still IN the EU, a 2nd referendum is on the cards!!!

[v8s4me]

EU 0 Little England 1

26% of the electorate too lazy/stupid to vote.

Scotland heading for the exit door.

Potential for a reemergence of trouble in Northern Ireland.

The country leaderless.

Bloody well done!

PS - If you're fortunate enough to have more than £85k in savings, make sure you split it between different banking groups.

Are TVR deposits refundable?

Edited by v8s4me on Friday 24th June 12:43

[phillpot]

Sorry to interrupt, I was looking for the TVR S Series forum?

[ChimpOnGas]

Danattheopticians said:

I don't see a 52/48 split in todays comments on here at least

That's because 90% of the xenophobic fiscally retarded Brexit idiots have just realised what they've done!.

The rest are beyond help, but to them all I say is....

Think what you've done the next time you want some building work done on your house and there's no one to do it for a reasonable price.

Think what you've done the next time you're ageing Mum is being cared for by a Latvian care worker, because Maria is going home soon.

And think what you've done when you're suddenly taken into hospital and a Polish nurse saves your life, because next time Magda won't be there for you as she can no longer work legally in the UK.

Immigrants don't leave their families and native lands to claim handouts, they come to work and make a better life for themselves and their children. That's why immigrants work harder and for less, they are in survival mode and need to make a success of the serious decision of moving countries.

Every day they think I can't fail because that means I'm going back to poverty, so they work harder, pay tax and generally make a positive contribution to society. Eventually they say this country is great, I'm never going back home and so become British citizens. The whole country benefits, and just like the USA was built on the hard work of immigrants making a better life for themselves the whole UK has benefited massively in the same way for the last 10 years.

In summary by voting out we have very likely put ourselves right back into a recession, and for what?...so we can kick out the hardest working people in our country

This comes to mind!

[DonkeyApple]

ChimpOnGas said:

Danattheopticians said:

I don't see a 52/48 split in todays comments on here at least

That's because 90% of the xenophobic fiscally retarded Brexit idiots have just realised what they've done!.

The rest are beyond help, but to them all I say is....

Think what you've done the next time you want some building work done on your house and there's no one to do it for a reasonable price.

Think what you've done the next time you're ageing Mum is being cared for by a Latvian care worker, because Maria is going home soon.

And think what you've done when you're suddenly taken into hospital and a Polish nurse saves your life, because next time Magda won't be there for you as she can no longer work legally in the UK.

Immigrants don't leave their families and native lands to claim handouts, they come to work and make a better life for themselves and their children. That's why immigrants work harder and for less, they are in survival mode and need to make a success of the serious decision of moving countries.

Every day they think I can't fail because that means I'm going back to poverty, so they work harder, pay tax and generally make a positive contribution to society. Eventually they say this country is great, I'm never going back home and so become British citizens. The whole country benefits, and just like the USA was built on the hard work of immigrants making a better life for themselves and the UK has benefited massively in the same way for the last 10 years.

In summary by voting out we have very likely put ourselves right back into a recession, and for what?...so we can kick out the hardest working people in our country

This comes to mind!

Edited by ChimpOnGas on Friday 24th June 13:35

Edited by ChimpOnGas on Friday 24th June 13:36

Don't panic. They won't be going anywhere if they don't want to. No one in critical work will lose their right to remain. It cannot happen because it will take years to train up locals to do the work.

There will be a lot of angry Leavers when it does dawn on them that no one is going to be forced to wear badges and marched onto trains to be taken away.

So, S Series owners can relax safe in the knowledge that Maria will still be there at the care home to help them out of their car when they get home.

[greymrj]

phillpot said:

Sorry to interrupt, I was looking for the TVR S Series forum?

Sorry Mike, I guess I will make no friends by saying this. You may well be rich enough for Brexit to have no effect on you but it will on others, including S owners. My pension has already been affected, my partners job opportunities have also been affected. Less income = hard choices. That does affect my 'toys'. The S was to be resprayed, that is immediately on hold at least until we can see where we will stand financially (one less job for the garage!). We had planned to take it abroad again but the costs have just risen significantly.