New TVR still under wraps! (Vol. 2)

New TVR still under wraps! (Vol. 2)

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oilit

2,645 posts

180 months

Thursday 8th August 2019
quotequote all
if you look at the article it isn't dated, but then if you look in your url bar you see the following:-

http://www.bqlive.co.uk/manufacturing/2018/01/17/

so isn't this dated 17/1/18 - in which case it's old news.

anonymous-user

56 months

Thursday 8th August 2019
quotequote all
Madest Mike said:
http://www.bqlive.co.uk/manufacturing/2018/01/17/n...

January 2018...Welsh Government under impression all going well and funded.


The article is dated and the poster mentions it in his post. hehe

m4tti

5,441 posts

157 months

Thursday 8th August 2019
quotequote all
The more space we watch, the more I think this thing is pretty much now dormant.

oilit

2,645 posts

180 months

Thursday 8th August 2019
quotequote all
El stovey said:


The article is dated and the poster mentions it in his post. hehe
doh !

Sorry my bad

Madest Mike

51 posts

96 months

Friday 9th August 2019
quotequote all
It seems to me in January 2018 at the very least new TVR was messaging that all was good for preproduction. Consequently, on that basis the only complication for production was the factory, the car by now should be ready to be produced...and is it?

As regards the factory did new TVR not say they could start production in advance of the factory in a pop up facility next door to the new factory?

This all seems to be what New TVR beleived.....so what has changed?

Monkeylegend

26,596 posts

233 months

Friday 9th August 2019
quotequote all
Finance, or lack of it.

Snakes

614 posts

255 months

Friday 9th August 2019
quotequote all
I was just telling my wife, who was a real supporter of the new Griffith after seeing it at the depositors' reveal presentation, that there have been no updates from Les for 6 months or so. She asked if anybody had emailed him on his "dear Les" email address to ask what is going on? Seems like an obvious thing to do now she's said it. Does any deposit holder fancy giving it a try and reporting back?

anonymous-user

56 months

Friday 9th August 2019
quotequote all
Snakes said:
I was just telling my wife, who was a real supporter of the new Griffith after seeing it at the depositors' reveal presentation, that there have been no updates from Les for 6 months or so. She asked if anybody had emailed him on his "dear Les" email address to ask what is going on? Seems like an obvious thing to do now she's said it. Does any deposit holder fancy giving it a try and reporting back?
Someone said they had a while ago but wouldn’t share the info as we were all too negative. hehe

Yes it seems odd that someone fed up of negativity, sought out and received information that showed everything was on track, but then refused to share it to prove everything was on track and squash any doubt, but there you go.




Edited by anonymous-user on Friday 9th August 09:57

bullittmcqueen

1,256 posts

93 months

Friday 9th August 2019
quotequote all
Snakes said:
I was just telling my wife, who was a real supporter of the new Griffith after seeing it at the depositors' reveal presentation, that there have been no updates from Les for 6 months or so. She asked if anybody had emailed him on his "dear Les" email address to ask what is going on? Seems like an obvious thing to do now she's said it. Does any deposit holder fancy giving it a try and reporting back?
Although, to be technically correct, the last bigger update was received 5th of March and there was also a short notice about the contractor decision on the 10th of June, so almost exactly 2 months ago.

Not satisfactory though.

BJWoods

5,015 posts

286 months

Friday 9th August 2019
quotequote all
El stovey said:
Someone said they had a while ago but wouldn’t share the info as we were all too negative. hehe

Yes it seems odd that someone fed up of negativity, sought out and received information that showed everything was on track, but then refused to share it to prove everything was on track and squash any doubt, but there you go.




Edited by El stovey on Friday 9th August 09:57
If you are thinking of me... there wasn’t much to share.. but I also lost patience with the people here, as any info good or bad was picked to death by keyboard warriors with axes to grind.. I’ve pulled my 2nd deposit.. no need to have it as LEplaces are now available.. I’ve left my £2.5k deposit in on the off chance it may happen.. don’t care if I lose it, just a bet. My risk, however foolish. Just don’t care

bullittmcqueen

1,256 posts

93 months

Friday 9th August 2019
quotequote all
https://www.theguardian.com/business/2019/aug/09/u...

Tough environment to operate in. Advanced players might add some climate change for a more intense and challenging gameplay experience.


Also totally lost track of Aston Martins share price. That's a whopping 70+% loss in less than a year. Truly ugly.

https://www.theguardian.com/business/2019/jul/31/a...

Edited by bullittmcqueen on Friday 9th August 14:03


Edited by bullittmcqueen on Friday 9th August 14:08

ianwayne

6,340 posts

270 months

Friday 9th August 2019
quotequote all
It was over hyped. Within days of flotation it was dropping. Trying to double production numbers on a luxury car when China is in slowdown seems over ambitious now...


https://www.theguardian.com/business/nils-pratley-...

bullittmcqueen

1,256 posts

93 months

Friday 9th August 2019
quotequote all
ianwayne said:
It was over hyped. Within days of flotation it was dropping. Trying to double production numbers on a luxury car when China is in slowdown seems over ambitious now...


https://www.theguardian.com/business/nils-pratley-...
Yep, gazillion eyeballs constantly hovering above them. And next earnings-announcement date always in sight. Has killed the fun for quite a few companies yet.

phazed

21,867 posts

206 months

Sunday 11th August 2019
quotequote all
Returning back home from a run just now I thought I’d divert past Griffith House.

She is still resting in the glass fronted office.



Apart from that you all will be pleased to know that my car is going absolutely brilliantly and better than ever!


m4tti

5,441 posts

157 months

Sunday 11th August 2019
quotequote all
Accounts were filed last June. Be interesting to see this years.

Gazzab

21,132 posts

284 months

Sunday 11th August 2019
quotequote all
m4tti said:
Accounts were filed last June. Be interesting to see this years.
I don’t understand their previous filings ie £7m of debtors.

m4tti

5,441 posts

157 months

Sunday 11th August 2019
quotequote all
I’m more interested in the commentary regarding the “going concern” and repayment of loans.

skwdenyer

16,727 posts

242 months

Sunday 11th August 2019
quotequote all
Gazzab said:
m4tti said:
Accounts were filed last June. Be interesting to see this years.
I don’t understand their previous filings ie £7m of debtors.
Debtors are “amounts owed by group undertakings” and are reflected as creditors in the TVR Manufacturing accounts.

Neat trick - absent consolidation, makes the parent look balance sheet positive...

FlipFlopGriff

7,144 posts

249 months

Monday 12th August 2019
quotequote all
Is the white one a 2nd car?
FFG

phazed

21,867 posts

206 months

Monday 12th August 2019
quotequote all
FlipFlopGriff said:
Is the white one a 2nd car?
FFG
No, a full-size model.

They are both inside that building complete with a very nice empty desk.
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