.....and the lady in the brown jacket going through her Instagram feed on her mobile
Can’t tell what the others who were bored and playing with their phones were actually doing ...but snoops would say they weren’t buying shares
Was always going to be that way with no Beagles in attendance!
Funny you should mention that Winner. IIRC Todd told us they were still going to write loan business but they weren't sure they wanted to accept the risk of new bad debts. It left open the position that Turners might have to ring fence some of their existing bad debts to get an Oxford Finance sale through. But maybe I was reading too much into what Todd said or didn't say...
SNOOPY
Turners retail will keep "originating" loan agreements.
Turners retail will keep earning an "origination fee," no matter if it is still with Turners' ownership, or someone else's ownership of Oxford Finance.
Sale of Oxford Finance would mean Turners no longer underwrite such lending,the new owner of Oxford Finance would.
Think HGH's Marac or MTF.Loan originators earn a fee.Turners retail will always earn a fee from whoever is their finance provider.
Usual Todd waffle I think ..he’s pretty good at that
Really cool how he asked the audience whether they understood what he had just said .....and looking surprised he didn’t get an answer ...not even from the guy who asked the question who probably even more confused than what he was.
Apparently Todd’s tie stood looked pretty impressive on the big screen down at the bowling club.