ALBIONSAINT Posted July 6, 2020 Report Share Posted July 6, 2020 9 hours ago, oaksoft said: It's not profiteering. They are trying to ensure they make a profit full stop. And effectively they are taking a £30 deposit to make sure you turn up. It's not the same as the calpol thing which definitely WAS profiteering. Fair points Oaks, FS and Ricky, my zeal may have taken over. When it comes to money I am the Paisley Taliban. Quote Link to comment Share on other sites More sharing options...
Guest TPAFKATS Posted July 6, 2020 Report Share Posted July 6, 2020 https://www.bbc.co.uk/news/uk-53280965 A lot of universities in financial trouble. Main problem is over reliance on foreign students. St.Andrew's really struggling at present, as is Edinburgh. Glasgow is stronger financially, so not quite as badly affected. https://www.thecompleteuniversityguide.co.uk/student-advice/where-to-study/international-students-at-uk-universities The likes of UWS aren't going to be affected nearly as badly, as most of their students are "home grown". UWS has been broke for a wee while, this could be the final nail. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 6, 2020 Report Share Posted July 6, 2020 1 hour ago, TPAFKATS said: 9 hours ago, FTOF said: https://www.bbc.co.uk/news/uk-53280965 A lot of universities in financial trouble. Main problem is over reliance on foreign students. St.Andrew's really struggling at present, as is Edinburgh. Glasgow is stronger financially, so not quite as badly affected. https://www.thecompleteuniversityguide.co.uk/student-advice/where-to-study/international-students-at-uk-universities The likes of UWS aren't going to be affected nearly as badly, as most of their students are "home grown". UWS has been broke for a wee while, this could be the final nail. Imperial College are a good bet too. I read somewhere that they are almost £1bn in debt. That's just total financial mismanagement if there's any truth in that. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 6, 2020 Report Share Posted July 6, 2020 7 hours ago, St.Ricky said: Your business isn't a bar/restaurant. The move makes perfect sense for the business. They have restricted space and an overload of demand. What's not to like? You have no idea what my business is or isn't. Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 Just now, oaksoft said: You have no idea what my business is or isn't. Is that so? After all that you have written about it? I know this for sure. It isn't a bar or restaurant. A penny arcade perhaps as you get Mrs O to go into the bank with change to be banked. Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 4 minutes ago, oaksoft said: Imperial College are a good bet too. I read somewhere that they are almost £1bn in debt. That's just total financial mismanagement if there's any truth in that. Why should that be bad in itself? Organisations use debt in various forms to grow income streams or for capital projects. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 6, 2020 Report Share Posted July 6, 2020 2 minutes ago, St.Ricky said: Is that so? After all that you have written about it? I know this for sure. It isn't a bar or restaurant. A penny arcade perhaps as you get Mrs O to go into the bank with change to be banked. I'm not interested in what you think you know or don't know. Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 Just now, oaksoft said: I'm not interested in what you think you know or don't know. That makes us square. I'm still waiting for a pertinent or intelligent post from you. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 6, 2020 Report Share Posted July 6, 2020 1 minute ago, St.Ricky said: Why should that be bad in itself? Organisations use debt in various forms to grow income streams or for capital projects. Thank god you are here. I would never have known that. Phew. I can rest easy tonight. Quote Link to comment Share on other sites More sharing options...
faraway saint Posted July 6, 2020 Author Report Share Posted July 6, 2020 1 minute ago, oaksoft said: I'm not interested in what you think you know or don't know. Just don't, he's been mostly talking to himself for weeks, it's more amusing to watch him scramble around looking for scraps. Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 1 minute ago, oaksoft said: Thank god you are here. I would never have known that. Phew. I can rest easy tonight. Well.. You don't seem to know very much. Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 6, 2020 Report Share Posted July 6, 2020 1 minute ago, faraway saint said: Just don't, he's been mostly talking to himself for weeks, it's more amusing to watch him scramble around looking for scraps. Well you've certainly changed your tune. Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 Gosh. Two dimwits. Wee Boaby and Lord Oaky. Not a braincell between them. Quote Link to comment Share on other sites More sharing options...
faraway saint Posted July 6, 2020 Author Report Share Posted July 6, 2020 17 minutes ago, oaksoft said: Well you've certainly changed your tune. Oh, I still reserve the right to reply to his ever increasing desperate attempts to get an answer, I'm just sitting back and laughing at him slowly go down the plughole. Quote Link to comment Share on other sites More sharing options...
FTOF Posted July 6, 2020 Report Share Posted July 6, 2020 (edited) 1 hour ago, TPAFKATS said: 9 hours ago, FTOF said: https://www.bbc.co.uk/news/uk-53280965 A lot of universities in financial trouble. Main problem is over reliance on foreign students. St.Andrew's really struggling at present, as is Edinburgh. Glasgow is stronger financially, so not quite as badly affected. https://www.thecompleteuniversityguide.co.uk/student-advice/where-to-study/international-students-at-uk-universities The likes of UWS aren't going to be affected nearly as badly, as most of their students are "home grown". UWS has been broke for a wee while, this could be the final nail. The last I heard it was in better health relatively, compared to St.Andrew's and Edinburgh. I'll let you know after I've spoken to my mate. Edited July 6, 2020 by FTOF Quote Link to comment Share on other sites More sharing options...
faraway saint Posted July 6, 2020 Author Report Share Posted July 6, 2020 (edited) 37 minutes ago, FTOF said: The last I heard it was in better health relatively, compared to St.Andrew's and Edinburgh. I'll let you know after I've spoken to my mate. Not exactly going to be in need of a food bank. "Broke" Edited July 6, 2020 by faraway saint Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 (edited) On 3/21/2020 at 2:18 PM, faraway saint said: Aye, we haven't any real evidence that work is drying up, I've spoken to a few people in other companies and it's mixed but overall nobody is seeing a definitive downturn due to this virus. Couple of mates work offshore, one has been quarantined, are still working as normal, albeit a few men down. I agree on the issues working from home can bring, especially when most people are not used to this, that would worry me. We're in manufacturing, need to be there to make things, although some office staff could "work" from home but I've argued against that as there are times I need engineering back up and that needs hands/eyes on the job to make a certain decision. Really? .. No sign that employment might be affected. There are none so blind as those that will not see. Edited July 6, 2020 by St.Ricky Quote Link to comment Share on other sites More sharing options...
faraway saint Posted July 6, 2020 Author Report Share Posted July 6, 2020 (edited) 4 hours ago, oaksoft said: Well you've certainly changed your tune. You can almost feel how upset he is over on the Coronavirus thread, trolling away like, well, a troll. He's almost posting in invisible ink as almost no one engages with him. 🙈 PS And above. Edited July 6, 2020 by faraway saint Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 (edited) The poor man. Wrong on so many levels. Great thread. Enjoying it. Especially the back flips Wee Boaby keeps making. Must be an acrobat Edited July 6, 2020 by St.Ricky Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 12 minutes ago, Yflab said: And you sir are a Where did you find Wee Boaby's selfie? Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 6, 2020 Report Share Posted July 6, 2020 1 hour ago, Yflab said: Intelligent contribution Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 7, 2020 Report Share Posted July 7, 2020 7 hours ago, faraway saint said: Not exactly going to be in need of a food bank. "Broke" That's a combined loss of over £10m in just two years. Quote Link to comment Share on other sites More sharing options...
faraway saint Posted July 7, 2020 Author Report Share Posted July 7, 2020 (edited) 6 hours ago, oaksoft said: That's a combined loss of over £10m in just two years. With £16m in the bank. PS The point I'm making is they are not "broke", as was stated earlier in the thread. That's all. Edited July 7, 2020 by faraway saint Quote Link to comment Share on other sites More sharing options...
oaksoft Posted July 7, 2020 Report Share Posted July 7, 2020 (edited) 48 minutes ago, faraway saint said: With £16m in the bank. PS The point I'm making is they are not "broke", as was stated earlier in the thread. That's all. A reduction of income of just 10% could wipe that out pretty quickly. It's also worth knowing if they are aiming at another year of loss. That cash will also be needed to pay creditors in the next 12 months. That's before we consider whether they have debts. I'm not saying they are broke either but their situation is not as rosy as you are painting either. Edited July 7, 2020 by oaksoft Quote Link to comment Share on other sites More sharing options...
St.Ricky Posted July 7, 2020 Report Share Posted July 7, 2020 22 minutes ago, oaksoft said: A reduction of income of just 10% could wipe that out pretty quickly. It's also worth knowing if they are aiming at another year of loss. That cash will also be needed to pay creditors in the next 12 months. That's before we consider whether they have debts. I'm not saying they are broke either but their situation is not as rosy as you are painting either. Beep. Beep. Financial genious's at work. Quote Link to comment Share on other sites More sharing options...
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