UKIP - The Future - Volume 4

[turbobloke]

UKIP - fighting for the future on the BBC website.

http://www.bbc.co.uk/news/uk-politics-37724681

[basherX]

The Hypno-Toad said:

All this huffing and puffing about overdrafts doesn't really matter if you can't beat the Greens and Lib-Dems in one of the safest Tory seats in the country. If you ever wanted to get even a sniff of real power you need to be finishing 3rd in every single by-election.

And as much as I wanted someone to break up the third party system, it clearly is no longer going to be UKIP following the departure of Saint Nigel. It's a shame but I think it's over.

Too much logic, reasoning and insight in this post. Stand by to be ignored.

[Jockman]

desolate said:

Jockman said:

desolate said:

According to the figures quoted above they are certainly "in debt". But that isn't an issue if they can pay it back, is it?

Correct. Look at your own mortgage for a reference point. This sort of debt is more benign (still serious !!).

On your personal balance sheet only a certain amount would show as being due in the next 12 months surely? The graphs above show 800K due in the next 12 months. (at the time of the accounts)

Anyway UKIP wise who gives a ste? if NF is involved some knob will pay it off.

Morning Matey.

There is no harm in putting these loans in current creditors, though they do knacker the liquidity ratio and it's completely pointless doing an Acid Test one

They could, as you say, have structured repayment over 5 years, putting one fifth in current, four fifths in long term. Generally, I would expect to see Charges appear in this scenario.

The long term Gearing ratio is obviously the benefactor here.

IF the funding were an Overdraft this too would be put in current Creditors because 'theoretically' a Bank can recall this debt at any time. In the real world they just roll over every year after deduction of the appropriate fee.

[Dindoit]

turbobloke said:

Greg66 said:

turbobloke said:

The UKIP £800k situation is on the internet, can't recall who said it wasn't but it hardly matters.

And, speaking on Radio 4's Today programme, he 
(Oakden) denied a report saying the Party was 
£800,000 in debt, adding: "I can absolutely confirm 
we are in a comfortable cash-positive financial
position."

Unfortunately the nature of the debt and the origin of the report isn't given as part of any quote. Nevertheless, strike one up for witness testimony.

http://www.bbc.co.uk/news/uk-politics-37689117

So to summarise, based in that material
- there was no mention of an "overdraft"
- there was no conservative MP making any allegations
- the "witness testimony" is therefore unreliable on both material counts
- as UKIP's most recent filed accounts show it to have had £800k+ of creditors due in a year (i.e. debt) and trade creditors >> trade debtors (i.e. Cash negative), either the UKIP man was knowingly wrong, or misinformed, or correct because UKIP's financial position has improved dramatically.

That's well and truly done now.

Not really, as surely even you will appreciate that an internet article isn't a radio interview and there's nothing to say that a particular talking head event described is the one Mrs TB heard. The UKIP guy may well have been touring the studios to put the record straight as he sees it.

So much boring guesswork above with a pointless bullet point list of carefully crafted assumptions for good measure, we're lucky to get sight of it.

I noticed you're calling it "the £800k situation" now and have dropped the overdraft claim. Instead of getting your knickers in a twist it would have been much easier to say your wife misheard the conversation and the word overdraft had obviously never been used, nor that a Tory MP used it.

fwiw Aaron Banks (UKIP's bankroll) could well pull the plug and see UKIP disappear completely disappear before the year's out. http://www.telegraph.co.uk/news/2016/10/18/ukip-do...

[anonymous-user]

Dindoit said:

I noticed you're calling it "the £800k situation" now and have dropped the overdraft claim. Instead of getting your knickers in a twist it would have been much easier to say your wife misheard the conversation and the word overdraft had obviously never been used, nor that a Tory MP used it.

LOL! Stick around. You'll find that admissions like that aren't really turbo's "thing".

[Disastrous]

Poor Mrs TB! I bet she's copping absolute hell for "making me look silly online!!! I might even have to back down!!"

[Esseesse]

Dindoit said:

fwiw Aaron Banks (UKIP's bankroll) could well pull the plug and see UKIP disappear completely disappear before the year's out. http://www.telegraph.co.uk/news/2016/10/18/ukip-do...

... And put his effort into an organisation building on Leave.EU. I think he should do that as now the UKIP brand is worth less (and was always poor IMO), and it seems that the UKIP organisation (NUC etc) is a dog.

[Mr Snrub]

3rd place in my local council

http://www.kentonline.co.uk/medway/news/tories-tak...

That door knocking didn't do much good though - 16.74% turnout!

[Sylvaforever]

desolate said:

Anyway, the loss of Woolf is a serious blow.

Not really he was far to far up his own arse.

[GetCarter]

Sylvaforever said:

desolate said:

Anyway, the loss of Woolf is a serious blow.

Not really he was far to far up his own arse.

Indeed. He was UKIP.

[brenflys777]

Paul Nuttall and Suzanne Evans both confirm their intention to run (although the party might not accept their papers in time!).

Evans already saying Kasseem represents 'far right' of party, Kaseem and Farage both replying that she's not fit to lead.

The light at the end of the tunnel might just be the pilot flame. Very disappointing, Labour and Lib Dem opposition is primarily Pro-EU and limp. There has to be space for UKIP if they could just organise themselves.

[BlackLabel]

UKIP having a leader called "Raheem" will make some heads explode - among both the left wing media and some of UKIP's grass root support.

[FN2TypeR]

BlackLabel said:

UKIP having a leader called "Raheem" will make some heads explode - among both the left wing media and some of UKIP's grass root support.

Leaders (if he wins):

Tories: female
SNP: female
Greens: one female, one male, same with the Scottish Greens
Plaid: female
UKIP: Asian dude
Labour: old, beardy white guy

Labour, the party for the "progressives".

[Esseesse]

BlackLabel said:

UKIP having a leader called "Raheem" will make some heads explode - among both the left wing media and some of UKIP's grass root support.

I think I'd prefer it if Raheem won, or it would at least be more interesting. They need someone willing to say the unsayable, not the bland centrist Suzanne. Nuttall isn't my fave but he'd probably do ok in the north against Labour, he's loud enough.

[Dindoit]

I'm hoping Kassam does get the top job. Here's a flavour of what the guy is like.

https://twitter.com/andrewdennis227/status/7863008...

[brenflys777]

Dindoit said:

I'm hoping Kassam does get the top job. Here's a flavour of what the guy is like.

https://twitter.com/andrewdennis227/status/7863008...

Raheem does at least prove that being part of an ethnic minority doesn't prevent someone being an unpleasant, intolerant ahole. IMO.

Aside from this example of equality amongst man, I can't think of any redeeming characteristics he's displayed.

I can't imagine any of the candidates being able to unite the party and the fact Aaron Banks is endorsing Raheem, suggests this election is going to be even messier and more divisive than the last. Unlike many who take an interest in UKIP I've actually voted for them and I want a strong opposition, so I desperately hope I'm wrong about this election.

[hidetheelephants]

Dindoit said:

I'm hoping Kassam does get the top job. Here's a flavour of what the guy is like.

https://twitter.com/andrewdennis227/status/7863008...

He likes to call a spade common garden digging utensil a fking shovel, doesn't he? I'm reminded of Peter Capaldi's character in The Thick Of It.

[Countdown]

brenflys777 said:

Raheem does at least prove that being part of an ethnic minority doesn't prevent someone being an unpleasant, intolerant ahole. IMO.

How on earth will he fit in at UKIP?

[brenflys777]

Countdown said:

brenflys777 said:

Raheem does at least prove that being part of an ethnic minority doesn't prevent someone being an unpleasant, intolerant ahole. IMO.

How on earth will he fit in at UKIP?

I don't think he would fit in with the majority of UKIP voters, but clearly he has some support from some UKIP representatives and members. A similarly divisive and unpleasant character as Corbyn. He'd finish UKIP off as a mainstream popular party in my opinion. Here's one of his pleasant comments about Suzanne Evans from a few months ago.

[alfie2244]

John Rees-Evans